Insights & Resources

The SC restores conviction in a bribery case, reinforcing evidentiary standards and accountability under the Prevention of Corruption Act.

ITAT rules Bitcoin gains as capital assets, taxable under capital gains, not other income, pre-A.Y. 2022-23.

Delhi High Court upholds taxpayer rights under the DTVSV Act, clarifying the autonomy to settle specific disputes without Revenue compulsion

Highlighting Article 21 of the Constitution, the Calcutta HC granted bail to a petitioner, balancing rights with alleged PMLA violations.

Delhi HC clarifies interplay between ss. 153C and 147, ensuring reassessment integrity while balancing procedural and jurisdictional powers.

The Supreme Court reaffirms judicial accountability by clarifying procedural bars under Section 195 CrPC, ensuring trust in justice.

Delhi High Court clarifies banks’ liability in cyber fraud cases, reinforcing RBI’s consumer protection framework against digital scams.

ITAT highlights the importance of evidence over procedural lapses, clarifying the Assessing Officer's duty under s. 68 of the Income-Tax Act

The Delhi HC grants bail under PMLA, stressing a. 21 rights and balancing stringent bail conditions with trial delays and liberty concerns.

The Supreme Court upheld the authority of DRI officers to issue customs demands under Section 28 of the Customs Act. Reversing its 2021 judgment in Canon India, the Court validated retrospective amendments and affirmed legislative competence to correct interpretational errors, settling years of litigation and reinforcing administrative stability in customs enforcement.

The Bombay High Court ruled that broken period interest and debenture issuance expenses qualify as deductible business expenditure.

The Supreme Court revisits principles of specific performance, limitation, and lis pendens in a landmark case on contract enforcement.

Delhi HC affirms that prosecution under the Black Money Act can proceed independently of tax assessment proceedings under s. 10.

The NCLAT Chennai upheld the priority of selling a corporate debtor as a going concern, aligning with the IBC's goals of value maximisation.

The ITAT reviews the deductibility of losses on inter-corporate deposits, emphasising statutory compliance and evidentiary support.

The ITAT Special Bench clarifies that HO-PE transactions are subject to arm's length pricing under TP laws, ensuring compliance.

The SC clarifies the scope of Articles 39(b) and 31C, balancing state policy, resource distribution, and individual property rights.

SC underscores strict adherence to limitation periods in arbitration and insolvency cases, enhancing procedural fidelity.

The SC reinforces procedural safeguards under CrPC for PMLA cases, ensuring sanctions for public servants align with official duties.

Delhi HC confirms JAO's authority to issue reassessment notices under s. 148 despite the adoption of the Faceless Reassessment Scheme.