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Delhi High Court: Violation of Section 269ST of the Income-tax Act Does Not Render Contract Void or Bar Recovery Claims
Delhi HC clarifies that cash violations under Section 269ST don't void contracts; unjust enrichment cannot override contractual claims.
Mar 14 min read
A Comprehensive Overview of the EU’s AI Act: New Era in AI Governance – A Bold Step or a Regulatory Minefield?
An in-depth analysis of the EU's AI Act—its key provisions, risk-based approach, and global implications for AI governance.
Mar 117 min read
Delhi High Court Reaffirms the Rajesh Agarwal Doctrine: Personal Hearing Must Precede Fraud Classification
In a pivotal ruling, the Delhi High Court has reaffirmed that borrowers are entitled to a personal hearing before their accounts are classified as fraud under the RBI Master Directions. Drawing upon the Supreme Court’s decision in SBI v. Rajesh Agarwal, the Court reinforced that procedural fairness and natural justice demand more than just written representation when civil consequences are involved.
Mar 15 min read
Whether Royalty is a Tax or a Fee for Service? A 9-Judge Constitution Bench Answers this Question in a Landmark Ruling, Applicable Retrospectively
SC clarifies whether royalty on minerals is a tax or a fee, reaffirming state powers in a landmark ruling with retrospective effect.
Mar 15 min read
IBC v. PMLA: NCLT Affirms Jurisdictional Limits, Declines to Unfreeze ED-Attached Bank Account
NCLT reaffirms that the IBC cannot override PMLA enforcement; RPs must approach the PMLA authority to unfreeze attached assets.
Feb 284 min read
ITAT Resolves Conflicting Views and Allows Full Deduction of PE Expenses under the Pre-Amended Article 7(3) of the India-UAE DTAA
Special Bench of ITAT rules in favour of Mashreq Bank, allowing full PE expense deductions under pre-2008 India–UAE tax treaty.
Feb 286 min read
From the Finance Act, 2021 to the Decisions in Ashish Agarwal & Rajeev Bansal: Delhi HC Clarifies Key Aspects of Reassessment under the Income-tax Act
The Delhi High Court clarifies reassessment timelines, approvals, and JAO powers under the faceless regime post Finance Act, 2021.
Feb 276 min read
Supreme Court: Statutory Amendments Cannot Retrospectively Extinguish Vested Tax Exemptions
SC rules that statutory amendments apply prospectively and cannot extinguish vested tax exemptions granted under unamended law.
Feb 274 min read
Supreme Court Reinforces Strict Bail Provisions Under PMLA: Strengthening Judicial Scrutiny & Statutory Compliance
The Supreme Court reinforces strict bail conditions under PMLA, setting a crucial precedent in Union of India v. Kanhaiya Prasad.
Feb 265 min read
Provisional Attachment Under GST: Madras HC Strikes Down Arbitrary Bank Account Freeze for Want of Tangible Material
In a landmark ruling, the Madras High Court quashed the provisional attachment of bank accounts in Kesar Jewellers v. ADG, holding that such drastic powers under Section 83 of the CGST Act require demonstrable necessity and tangible material. The judgment reaffirms that procedural fairness and reasoned decision-making cannot be overridden by technical formalities or digital platform constraints.
Feb 244 min read
Kerala High Court: Writ Petition Not Maintainable Against SCN Under Section 74 of the CGST Act
In a significant ruling, the Kerala High Court held that writ petitions challenging show cause notices under Section 74 of the CGST Act are not maintainable. The Court clarified that piecemeal adjudication of tax disputes is impermissible under the GST framework and upheld the requirement for a composite final order, reinforcing the boundaries of judicial interference at the pre-adjudication stage.
Feb 244 min read
Karnataka High Court: Coerced Payments During GST Probe Not Constitute Valid Self-Ascertainment Under Section 74(5) of the CGST Act
Karnataka HC holds that GST recoveries made under coercion during probe cannot qualify as self-ascertained payments under Section 74(5).
Feb 215 min read