Author: Anil R Tikotekar

Clipped from: https://www.business-standard.com/india-news/insolvency-tribunals-can-t-decide-disputed-ownership-issues-says-sc-126012201474_1.html SC rules insolvency tribunals cannot decide contested trademark ownership; parties must pursue IP rights in civil or commercial courts Allowing GCL’s appeal on

Clipped from: https://www.business-standard.com/technology/tech-news/meity-may-cut-compliance-timeline-for-key-dpdp-rules-to-12-months-126012201293_1.html Proposed move to shorten implementation time to 12 months from 18 months is likely to face resistance from industry players Meity may shorten

Clipped from: https://www.taxscan.in/top-stories/single-gst-scn-for-multiple-years-wrongly-aggregates-different-tax-periods-with-different-due-dates-limitations-bombay-hc-quashes-notice-1442202?TRN300=cVKGJqCuSADlKEeaEaxMcBggaCJUguMbVVAeAhPXgzxMEUfsiMCbZyuMbMCAsh&LKD333=3364712 The High Court noted that each financial year constitutes a distinct tax period, and a consolidated notice for multiple years violates the statutory

Clipped from: https://www.taxscan.in/top-stories/bunching-of-gst-notices-across-multiple-fys-not-permissible-madras-hc-holds-section-74a-applicable-from-fy-2024-25-1442199?TRN300=cVKGJqCuSADlKEeaEaxMcBggaCJUguMbVVAeAhPXgzxMEUfsiMCbZyuMbMCAsh&LKD333=3364731 The GST department’s notice under Section 73 for FY 2024-25 and FY 2025-26 was without jurisdiction due to the statutory omission of Sections

Clipped from: https://www.taxscan.in/top-stories/why-most-gst-scns-are-legally-weak-common-drafting-errors-with-case-laws-1442198?TRN300=cVKGJqCuSADlKEeaEaxMcBggaCJUguMbVVAeAhPXgzxMEUfsiMCbZyuMbMCAsh&LKD333=3364740 Most GST Show Cause Notices fail because they lack proper allegations, evidence, computation, and adherence to natural justice, making them legally unsustainable. A Show

lipped from: https://www.thehindubusinessline.com/opinion/editorial/editorial-its-a-new-normal/article70529148.ece Even if the worst is over, IT sector needs to shape up The combined market cap of the big four tech companies as

Clipped from: https://www.business-standard.com/finance/personal-finance/co-borrowers-must-be-co-owners-and-contribute-to-emis-to-claim-tax-benefits-126012000617_1.html The deduction claimed must be in proportion to their ownership share and actual EMI contribution Deduction on interest can be claimed only from

lipped from: https://www.financialexpress.com/opinion/the-human-factor-2/4113899/ Health and education schemes must et more funds and better design Why Factor Reforms Need a Human Development Engine Reforms in factor markets—covering

Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/lost-your-locker-keys-know-how-you-can-replace-it-how-much-it-will-cost-and-your-legal-rights/articleshow/126786821.cms Listen to this article in summarized format Losing a bank locker key can be stressful, especially when important documents, jewellery or valuables are

Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/whats-the-right-way-to-gift-my-share-of-land-to-my-sisters-gift-deed-or-relinquishment-deed/articleshow/126791557.cms Listen to this article in summarized format These are a set of queries raised by ET Wealth readers, which have been answered by

Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/man-sells-delhi-property-shifts-to-australia-tax-dept-adds-rs-40-lakh-as-unexplained-cash-credit-but-he-wins-in-itat-delhi/articleshow/125710590.cms Listen to this article in summarized format Income Tax Appellate Tribunal (ITAT), Delhi, ruled that taxpayers can claim Section 54 capital gains tax exemption on

Clipped from: https://taxguru.in/income-tax/reopening-invalid-original-issue-added-assessment.html Sonal Jain Vs CIT (Appeals) (ITAT Delhi) Reopening Fails When Original Issue Not Added — ITAT Delhi Deletes Section 68 Addition on Cash

Clipped from: https://taxguru.in/income-tax/assessment-set-due-double-pan-bank-mismatch.html Sandhya Das Vs ITO (ITAT Kolkata) Assessment Set Aside in Double PAN Case – Matter Remanded for Proper Reconciliation of Bank Deposits The

lipped from: https://taxguru.in/goods-and-service-tax/sections-68129-130-respect-goods-transit-gst.html Summary- The article examines the statutory framework governing inspection, detention, seizure, and confiscation of goods in transit under the GST regime, with a particular

Clipped from: https://www.thehindubusinessline.com/opinion/why-china-needs-to-import-more/article70526352.ece China posted a record trade surplus despite US tariffs. But it needs to work towards greater trade balance with other nations Higher Chinese

Clipped from: https://www.thehindubusinessline.com/money-and-banking/public-sector-banks-sanction-over-52300-crore-in-msme-loans-via-new-assessment-model/article70524974.ece This model, which leverages digital credit underwriting, represents a shift from traditional collateral-based lending to a system fuelled by verifiable data and real-time

Clipped from: https://www.thehindubusinessline.com/opinion/turning-recognition-into-protection-for-gig-workers/article70526494.ece Apart from documentation, gig workers’ digital identity should be linked to benefit schemes to ensure payouts through life Social security must be portable.