2+ hour ago  (490+ words) The Supreme Court issued notice in a Goods and Services Tax (GST) dispute concerning the refund of unutilized Input Tax Credit (ITC) following corporate amalgamation, after the Gujarat High Court ruled that such refunds cannot be claimed unless the credit…...

3+ hour, 24+ min ago  (54+ words) The Principal Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi, has held that blood glucose meters (glucometers), urine analyzers, blood gas analyzers and chemistry analyzers imported were correctly classified under Customs Tariff Item (CTI) 9027 80 90 and…...

4+ hour, 48+ min ago  (433+ words) The increasing number of corporate frauds, investment scams, GST evasion rackets and shell-company operations in India has brought the issue of money laundering into sharp focus. Economic offenders are increasingly using complex corporate structures, dummy entities and layered financial transactions…...

1+ day, 50+ min ago  (658+ words) The Supreme Court has delivered a significant judgment resolving the long-pending dispute arising out of the collapse of recognition of Sardar Rajas Medical College, Hospital and Research Centre (SRMCH), Odisha, and the subsequent relocation of MBBS students to other private…...

2+ day, 4+ hour ago  (531+ words) The Insolvency and Bankruptcy Board of India (IBBI) has notified the Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Amendment) Regulations, 2026, bringing significant changes to the governance structure of Insolvency Professional Agencies (IPAs)....

2+ day, 5+ hour ago  (59+ words) The Principal Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT), New Delhi, has set aside a Central Excise duty demand of "14. 85 lakh and held that transfers between amalgamated units of the same legal entity cannot be treated as…...

3+ day, 5+ hour ago  (371+ words) The bench Justice Raja Basu Chowdhury has observed that had set aside disciplinary punishment imposed on a former Senior Manager of the bank." Following disciplinary proceedings, the officer was punished by reduction in rank from SMG Scale-IV to MMG Scale-III…...

2+ day, 23+ hour ago  (390+ words) The Supreme Court has held that an arbitration clause contained in an earlier development agreement would become binding on parties to subsequent agreements when the later contracts clearly state that all terms and conditions of the earlier agreement shall form…...

3+ day, 4+ hour ago  (48+ words) The Supreme Court has quashed criminal proceedings initiated against Narayana Health and its officials in connection with an alleged inflated hospital bill and delayed supply of medical records, holding that the allegations did not disclose ingredients of offences such as…...

3+ day, 2+ hour ago  (53+ words) The Calcutta High Court has upheld the exercise of revisionary jurisdiction under Section 263 of the Income Tax Act against companies of the Shyam Group, holding that the Assessing Officer cannot allow profit-linked deductions under Section 80-IA without properly examining the…...