Insights & Resources

CCI finds no evidence of collusion or abuse of power in tender specifications.

P&H High Court rules on tax reassessment, highlighting need for evidence and clear authority boundaries.

SC affirms the need for judicial review of PMLA arrests, emphasizing fairness and evidence-based scrutiny.

NCLT upholds IBC norms; bars resolution plan changes post-approval by CoC and Tribunal.

SC upholds HC's view that pandemic delays in TDS are 'reasonable cause', averting penalties.

SAFEMA ruling emphasizes strict employee compliance with FEMA, impacting penalties.

SAFEMA Tribunal upholds ED's penalties on unauthorised forex transactions, stressing robust evidence.

Uttarakhand HC denies bail due to undisclosed criminal history, affirming the need for transparency.

NCLT underscores strict procedural compliance for initiating CIRP against personal guarantors under IBC.

SAFEMA Tribunal adjusts FEMA penalties, emphasising evidence corroboration and judicial scrutiny in Kapadia's case.

Calcutta HC: Appeal allowed due to SCN and ex-parte order wrongly uploaded on GST portal, delay condoned.

Bail was approved after failure to provide written arrest reasons, highlighting legal mandates for clear communication under the law.

Calcutta HC invalidates s. 158BD proceedings due to missing AO satisfaction note.

SC affirms right to speedy trial, granting UAPA bail due to undue delays and unframed charges after 4 years.

Karnataka High Court nullifies GST notices to dissolved firms, upholding legal precedents.

The Supreme Court upholds no anticipatory bail for s. 69 of the CGST summons, aligning with past rulings.

Gujarat HC rules against reassessment based on two PANs, affirming the assessee's valid explanation.

Bombay HC rules: Convicts of dowry death cannot inherit victim's property under HSA s. 25.

Delhi HC confirms ICAI's right to discipline CA firms, enhancing accountability in financial ethics.

NCLAT upholds IBC's supremacy in insolvency resolutions, impacting SARFAESI and RDDBFI proceedings