Insights & Resources

The Supreme Court upholds CGST Act limits on ITC claims for construction, balancing tax neutrality with legislative intent in fiscal policy.

The Supreme Court granted bail in a PMLA case, citing the absence of a scheduled offence at the time of filing the complaint or chargesheet.

The Delhi High Court emphasised that PCIT must independently apply their mind while approving reassessments, rejecting mechanical approvals.

Delhi HC rules that employers cannot hold employees liable for TDS non-deposit, citing s. 205 of the Income-tax Act, 1961.

RBI proposes updated norms for banks, aiming to safeguard core operations from risk-heavy activities while enhancing investment flexibility.

Revised 2024 FEMA guidelines simplify the process for compounding contraventions, streamlining compliance and reducing legal risks.

Explore how effective corporate governance frameworks can drive sustainable growth, investor confidence, and risk mitigation for startups.

The Allahabad High Court quashed an SCN under section 74 of the CGST Act, citing a lack of fraud, misstatement, or suppression allegations.

Explore key legal strategies for hiring and managing staff and consultants in startups, ensuring compliance and clarity in all agreements.

The Tribunal upheld stringent penalties for a bank's failure to report cash transactions under PMLA, reinforcing strict AML compliance.

Chhattisgarh High Court broadens anticipatory bail criteria, enhancing judicial discretion and prioritising personal liberty.

The Bombay HC ruled that IP acquisitions involving foreign entities are taxable in India, emphasising territoriality and statutory remedies.