Clipped from: https://www.thehindubusinessline.com/economy/guj-hc-clarifies-blocked-electronic-credit-ledger-for-gst-assessee-automatically-gets-unblocked-after-1-year/article64836774.ece Ruling to help in more effective implementation of CBIC’s November circular Gujarat High Court has made it clear that electronic credit ledger of
Category: Legal
Insurer can’t refuse claim by citing existing medical condition: Supreme Court – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/insurance/story/insurer-cant-refuse-claim-by-citing-existing-medical-condition-supreme-court-317189-2021-12-29 A bench of justices D Y Chandrachud and B V Nagarathna also said a proposer is under a duty to disclose to the
Writ petition not maintainable against proceedings by banks: SC | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/writ-petition-not-maintainable-against-proceedings-by-banks-sc-122011300023_1.html The apex court held this while vacating the order passed by the Karnataka High Court (HC) The Supreme Court on Wednesday said borrowers, aggrieved by
HC rules undervaluation of goods by itself no ground to confiscate them | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/cannot-confiscate-just-for-undervaluing-goods-gujarat-high-court-122011300034_1.html Alteration of route from that declared in e-way bill by itself is also no ground to confiscate goods. Gujarat High Court The Gujarat high
Covid surge: SC accepts plea to revive limitation extension orders | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/covid-surge-sc-accepts-plea-to-revive-limitation-extension-orders-122011000367_1.html The Supreme Court on Monday agreed to extend the limitation period of filing cases across judicial and quasi-judicial fora in the country. Supreme
Covid surge: SC accepts plea to revive limitation extension orders | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/covid-surge-sc-accepts-plea-to-revive-limitation-extension-orders-122011000367_1.html The Supreme Court on Monday agreed to extend the limitation period of filing cases across judicial and quasi-judicial fora in the country. Supreme
SME director among two arrested in connection with input tax credit fraud | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/mumbai-sme-director-arrested-input-tax-credit-fraud-7713595/ CGST officials have arrested Omnipotent Industries Ltd director Punit Popat and Siddhanath Mishra, the proprietor of Shree Bitumax Trading. They have been remanded
Businesses to be given ‘reasonable time’ to explain mismatch in GSTR-1, 3B | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/businesses-to-be-given-reasonable-time-to-explain-mismatch-in-gstr-1-3b-122010900301_1.html Tax officers will give reasonable time to erring business to explain reasons for mismatch in turnover reported in sales return GSTR-1 and tax
Mandatory pre-litigation mediation needs lot of ground work before rollout – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/mandatory-pre-litigation-mediation-needs-lot-of-ground-work-before-rollout/article38204536.ece The question that looms large in the Indian context is whether India is ready for mandatory mediation as a pre-litigation tool. – Getty
Economic laws don’t always hold – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/economic-laws-dont-always-hold/article38205860.ece Bond yields, food inflation, credit growth and rupee value don’t seem to be guided now by the forces of demand and supply The
Below the line – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/columns/below-the-line/article38207018.ece Difficult slog overs There are multiple interest groups ranging from foreign multinationals and large domestic retailers to local traders and mom-n-pop store owners
ETtech Opinion | A holistic approach to personal data protection – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/catalysts/ettech-opinion-a-holistic-approach-to-personal-data-protection/articleshow/88775228.cms SynopsisThe Parliamentary panel’s recommendations on the Data Protection Bill 2021 also supports the growth of an innovation & data-driven digital economy Currently, a
Kotak Mahindra Bank to take legal action against BharatPe’s Ashneer Grover in IPO financing matter – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/startups/bharatpe-founder-sent-legal-notice-to-kotak-mahindra-bank-for-missing-out-on-nykaa-ipo/articleshow/88792821.cmsSynopsis BharatPe cofounder Ashneer Grover and his wife Madhuri Grover sent a legal notice to Kotak Mahindra Bank on October 31, 2021, for failing
When Tata Capital Housing misplaced documents – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/when-tata-capital-housing-misplaced-documents/article38208669.ece First it lost its customer’s documents, then it lost the case. First it lost its customer’s documents, then it lost the case. After
Amazon files new legal challenges in dispute with Future Group-sources – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/amazon-challenges-indias-antitrust-suspension-of-2019-future-deal-sources/articleshow/88787750.cmsSynopsis India’s antitrust agency suspended its approval of Amazon.com’s 2019 deal with Future Group last month, potentially denting the U.S. e-commerce giant’s attempts to
Court orders GM unit to pay 50% wages – The Hindu
Clipped from: https://www.thehindu.com/business/court-orders-gm-unit-to-pay-50-wages/article38195051.ece?homepage=true Pune Industrial Court sees ‘prima facie case of unfair labour practice’ in interim ruling on union’s plea In a partial relief for 1,086
CCI orders probe against Google for alleged abuse of dominant position | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/cci-orders-google-inquiry-after-news-publishers-complain-122010701346_1.html The order came on a complaint filed by the Digital News Publishers Association, which is a private company that promotes and secures interest
You’ll have to spell out a crypto law – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/youll-have-to-spell-out-a-crypto-law/articleshow/88741661.cmsSynopsis If the government thinks that unlike a separate law that was passed for International Financial Services Centres, there is no need for a
The crypto assets conundrum – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/the-crypto-assets-conundrum/article38094297.ece Why legalising crypto assets is dangerous The Indian Government appears convinced that cryptocurrency is a dangerous proposition. Cryptocurrency enables relatively invisible transactions, with serious implications
Legal notice to Income tax dept for not extending ITR filing deadline – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/legal-notice-to-income-tax-dept-for-not-extending-itr-filing-deadline/articleshow/88728559.cmsSynopsis AOTAA has asked for the ITR filing deadline to be extended as well as the late filing fee collected to be returned to