Most rationally, the Bench observes in para 11 that, “We can understand that the trial court declined bail as trial courts seldom muster the courage of granting bail, be it any offence. However, at ...

In the case of PCIT-1 Vs DCM Shriram Ltd., the Delhi High Court ruled that the rates charged by State Electricity Boards (SEB) or power distribution companies are the appropriate benchmarks for ...

The Gauhati High Court, in the case of Shambhu Prasad Vs State of Assam & Ors, addressed key issues regarding the validity of ...

2. Admittedly, none of the authorities below has satisfied itself with regard to the applicability of provisions of ...

The standing counsel for the department acknowledged the procedural error, citing limitations in the GST portal’s design.

The Orissa High Court addressed a petition challenging the cancellation of GST registration under the Odisha Goods and ...

Orissa High Court, in Subash Chandra Mund vs. Commissioner of CT & GST, disposed of a writ petition challenging an appellate order dated March 30, 2024, after the revenue department rectified the ...

Institute of Chartered Accountants of India (ICAI) issued guidelines titled ICAI (Aggregation of LLPs) Guidelines 2024, effective from the date of their notification in the Gazette of India. These ...

Securities and Exchange Board of India (SEBI) has developed a new web-based portal called iSPOT (Integrated SEBI Portal for Technical Glitches) to streamline the reporting of technical glitches by ...

The Punjab and Haryana High Court granted bail to Suresh Chand Meena, a GST inspector accused of demanding a bribe for approving a GST registration application. The complaint alleged that Meena ...

Summary: A 5-year tax-saving fixed deposit (FD) allows individuals to invest a lump sum for five years and claim tax deductions of up to ₹1.5 lakh under Section 80C of the Income Tax Act. These ...

Summary: A material subsidiary of a listed company is one whose turnover or net worth exceeds 10% of the consolidated turnover or net worth of the parent company. Key compliance obligations include ...