Insights & Resources

NCLAT reinforces strict limitation rules under IBC, rejecting condonation pleas and upholding creditor autonomy in insolvency cases.

The Bombay High Court quashes reassessment proceedings, highlighting that reopening assessments without fresh evidence is unlawful.

This case clarifies the interplay between LTCG exemptions under Section 10(38) and MAT computations under Section 115JB of the IT Act.

The UK Supreme Court clarifies the limits of 'reasonable endeavours' in force majeure clauses, balancing freedom of contract and certainty.

The Supreme Court clarifies financial debt under the IBC, recognising obligations in a Deed of Hypothecation as enforceable guarantees.

Delhi ITAT rules that digital service receipts under the India-Singapore DTAA are not ‘royalty’ or ‘FTS’, offering clarity on taxability.

Delhi HC clarifies the scope of ‘preparatory’ and ‘auxiliary’ activities under the India-US DTAA, focusing on Permanent Establishments.

Does the 120-day rule always create a Permanent Establishment? ITAT clarifies the criteria for taxation under the India-USA DTAA.

The Supreme Court clarified that private complaints for false declarations in quasi-judicial forums aren't barred by section 195 of the CrPC

The SC addresses irretrievable breakdown and cruelty. It grants unexpected relief, sparking debate on judicial discretion in matrimony.

NCLAT confirms that operational creditors can be treated differently if justified by commercial rationale and compliant with IBC safeguards.

The ITAT Delhi clarifies that Section 5(2) prevails over Section 9(2) for non-resident taxation when the income source is in India.

Delhi HC upholds ITAT's ruling that reassessment under s. 150 of the Income-Tax Act is invalid without a specific 'finding or direction.'

Telangana HC rules that sworn statements under Section 132(4) hold evidentiary value unless effectively rebutted by the assessee.

The Karnataka High Court examines custodial limits under BNSS, balancing investigation needs with constitutional liberty safeguards.

Delhi High Court rules that tax settlements under the DTVSV Act are final and prohibit unauthorised reopening of concluded disputes.

SanDisk India's role in PE creation and reimbursements for seconded employees under India-USA DTAA analysed by ITAT Bangalore in key ruling.

The Delhi HC clarifies that telecom towers are movable property under GST, affirming ITC eligibility and rejecting immovability claims.

The Supreme Court prioritises maintenance rights over creditors' claims, reaffirming dignity and sustenance as fundamental under Article 21.

The Delhi HC emphasises timely adjudication, quashing SCNs delayed for decades under the Customs and CGST Acts.