Whatsapp
Fairness in Tax Assessments: Encouraging Transparency in GST Regulations for Businesses – A Case Study
Introduction The case law, W.P.No.9624 of 2024, heard in the High Court of Judicature at Madras, sheds light on the complexities of taxation under the GST regime and underscores th
Stamp Duty on Share Capital Augmentation: Supreme Court’s Ruling
Introduction: Unraveling Legal Complexity Through Judicial Interpretation In the realm of legal interpretation, the judgments handed down by courts serve as guiding lights, illumin
Extension of Appeal Period in GST Cases: Upholding Procedural Fairness in Tax Appeals – A Comprehensive Analysis of the Calcutta High Court’s Ruling
Introduction: Taxation laws are integral to the functioning of any modern state, providing the government with the necessary revenue to fund public services and infrastructure. How
Stamp Duty on Gift Shares: Navigating Legal Considerations and Implications
Introduction When it comes to gifting shares, there’s often confusion surrounding the need for a Gift Deed and the stamp duty implications. This article aims to clarify these asp
DRAT Allahabad’s Judgment on State Bank of India Vs. Kush Kumar Verma and Anr.: Adherence to Procedural Norms – A Deep Dive
Introduction In a landmark judgment by the Debts Recovery Appellate Tribunal (DRAT) in Allahabad, presided over by Justice R.D. Khare, the case of State Bank of India vs. Kush Kuma
What “Time Value of Money” Means for Financial Debt under the IBC
Whether a creditor is a “financial creditor” decides who controls an insolvency: only financial creditors sit on the committee of creditors and vote on a resolution pla
Seize Cash under GST: Delhi High Court Rules Revenue Department Cannot Seize Cash
Introduction In the realm of taxation, legal interpretations play a crucial role in shaping the rights and obligations of taxpayers. The recent judgment by the Delhi High Court in
DRT under SARFAESI and RDB Acts: A Critical Examination in the Context of IDFC First Bank Limited v. Union of India and Ors.
The Delhi High Court recently delivered a seminal judgment in the case of *IDFC First Bank Limited v. Union of India and Ors.*, clarifying the jurisdictional bounds of the Debt Rec
Incorporation of Arbitration Clauses: Supreme Court’s Clarification on Applicability Across Contracts
In a significant ruling that delineates the contours of arbitration clause applicability across interconnected contracts, the Supreme Court of India, through the bench comprising M
Maintenance under Section 125: Supreme Court Reserves Judgment on Divorced Muslim Woman’s Right
Introduction On February 19, the Supreme Court reserved its judgment in the case of Mohd Abdul Samad v. The State of Telangana & Anr., a significant legal battle raising the qu
