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SFIO’s Authority and Role Upheld by Karnataka High Court in Corporate Affairs Investigation
Introduction In the matter of Exalogic Solutions Private Limited v. The Director, Serious Fraud Investigation Office and Anr. [i] , the...
Feb 20, 20245 min read
IBBI Amends 2016 Regulations to Streamline Insolvency Resolution Process
Introduction The Insolvency and Bankruptcy Board of India ( ‘IBBI’ ) through Press Release [i] , has recently implemented substantial...
Feb 19, 20243 min read
IBBI Circular on Voluntary Liquidation Process for Financial Service Providers: Compliance & Reporting Guidelines
Introduction The Insolvency and Bankruptcy Board of India ( ‘IBBI’ ) recently introduced a significant circular [i] for...
Feb 19, 20243 min read
The Supreme Court Unanimously Strikes Down Electoral Bond Scheme: Unravelling the Right to Information
Introduction The Hon’ble Supreme Court ( ‘SC’ ) in its landmark judgment of Association for Democratic Reforms & Anr. v. Union of India &...
Feb 17, 20246 min read
Enhancing Transparency and Efficiency: Key Amendments to Liquidation Process Regulations
Introduction The Insolvency and Bankruptcy Board of India ( ‘IBBI’ ) has recently introduced significant amendments through the IBBI...
Feb 16, 20245 min read
India-France DTAA: ITAT Clarifies Taxation of PE-Related Interest Income
Introduction In the realm of international taxation, disputes often arise concerning the interpretation and application of double...
Feb 15, 20243 min read
A Case of Bona Fide Mistake: Bombay High Court Quashes Order & Directs Correction of Inadvertent GST Entry Mistake
Introduction The Bombay High Court ( ‘BHC’ ), in a recent ruling in the case of Unique Speciality Chemicals v. Deputy Commissioner of...
Feb 14, 20243 min read
Writ Petitions v. Statutory Appeals: High Court’s Limited Jurisdictional Scope in GST Matters
Introduction The Hon’ble High Court of Kerala ( ‘HC’ ) recently rendered a judgement in the case of Adam Traders v. Deputy Commissioner,...
Feb 13, 20243 min read
Delhi High Court's Ruling on Legal Database Subscriptions: Implications for Copyright and Tax Liability
Delhi HC clarifies: Legal database subscriptions aren't taxable as 'royalty' under DTAA, absent a PE in India.
Feb 12, 20244 min read
Delayed Justice is Denied Justice: Supreme Court Orders Suspension of Sentence and Bail for Appellant
Introduction The Hon’ble Supreme Court ( ‘SC’ ), in a recent judgement, Atul alias Ashutosh v. State of Madhya Pradesh [i] held that...
Feb 12, 20243 min read
Clarifying Tax Assessments: Bombay HC’s Analysis of Marriage Expenses & Income Disclosure
Bombay HC mandates a fair hearing on marriage expenses and income disclosure, emphasizing the importance of due process in tax assessments.
Feb 12, 20243 min read
Madras HC: No Interest Liability for Timely Tax Deposits in Electronic Cash Ledger
Introduction The Hon’ble Madras High Court ( ‘HC’ ) in the case of Eicher Motors Ltd. v. Superintendent of GST and Central Excise, Range...
Feb 10, 20244 min read