Delhi High Court Orders Release of Seized Jewellery, Cash After Family Agrees To Pay ₹2.5 Crore Advance Tax

The Delhi High Court has directed the Income Tax Department to release the jewellery and cash seized from a family's house, after the latter agreed to deposit advance tax towards their probable tax liability arising from a search operation.A division bench of Justices Dinesh Mehta and Vinod Kumar passed the order while disposing of writ petitions filed by members of a family whose jewellery...

ITAT Jaipur Gives Taxpayer One More Chance To Disown Account Linked To His PAN In Unexplained Cash Deposit Case

The Income Tax Appellate Tribunal (ITAT) at Jaipur has remanded a case involving a Rs 76.31 lakh tax addition, holding that the taxpayer should be given one more opportunity to establish that a disputed bank account linked to his PAN did not belong to him. A coram of Judicial Member Narinder Kumar and Accountant Member Annapurna Gupta said the issue warranted closer examination, and...

Companies Act | Private Complaint Not Maintainable Against Fraud; Can Be Filed Only By SFIO : Supreme Court

The Supreme Court on Friday (January 9) held that complaints alleging fraud under the Companies Act, 2013 cannot be initiated through private complaints, as cognizance can be taken by a Special Court only on a complaint filed by the Director of the Serious Fraud Investigation Office (SFIO) or an officer authorised by the Central Government under Section 212(6) of the Act. The Court,...

ITAT Mumbai Strikes Down ₹2.70-Crore Reassessment Against Kalpataru Based On Employee Statements

The Mumbai Bench of the Income Tax Appellate Tribunal has deleted a Rs 2.70-crore income tax addition made against Kalpataru Projects International Ltd, holding that purchases cannot be treated as bogus only on the basis of employee statements recorded years later, without any incriminating material being found in a search. The bench, comprising Accountant Member Om Prakash Kant and...

ITAT Allows ₹772 Crore Business Loss Claim Of Flipkart Group Firm Instakart

The Bengaluru Bench of the Income Tax Appellate Tribunal (ITAT) has allowed Instakart Services Pvt. Ltd., a Flipkart group logistics company, to claim Rs 772.25 Crore in business losses. The ruling sets aside tax disallowances for Assessment Years 2016-17 to 2018-19. In an order dated December 18, 2025, Judicial Member Keshav Dubey and Accountant Member Waseem Ahmed held that the losses...

GST Payable On Reimbursed Foreign Patent Attorney Fees For Overseas Patent Filings: West Bengal AAR

The West Bengal Authority for Advance Ruling (AAR) has clarified that reimbursement of fees paid to foreign patent attorneys for overseas patent filings constitutes a taxable 'import of legal services' and attracts GST in India.A coram comprising Shafeeq S, Joint Commissioner (Member- Central Tax) and Jaydip Kumar Chakrabarti was examining a dispute arising from patent filings made in Japan,...

Landowner Who Enjoyed Planning Benefits For Decades Barred From Reclaiming Land Surrendered Under Development Plan: Bombay High Court

The Bombay High Court has held that where a landowner voluntarily agrees to surrender land reserved for a public purpose under a sanctioned Development Plan, free of cost but in consideration of tangible planning benefits such as waiver of compulsory open space requirements or grant of higher Floor Space Index (FSI), such surrender constitutes a valid acquisition by agreement under...

Arbitration Clause Cannot Be Invoked Once Loan Contract Is Exhausted: Himachal Pradesh High Court

The Himachal Pradesh High Court has held that a civil suit seeking damages for harassment and mental agony on account of non-issuance of a No Objection Certificate could not be linked to the original loan agreement once the loan was fully repaid. The Court remarked that the loan contract had been exhausted upon complete repayment of the loan amount, and therefore, the subsequent claim for...

Employer Retains Right To Disciplinary Action Even After POSH Conciliation Settlement: Gauhati High Court

A Division Bench of the Gauhati High Court comprising Chief Justice Ashutosh Kumar and Justice Arun Dev Choudhury held that conciliation under Section 10(4) of the POSH Act bars only further inquiry by the Internal Complaints Committee and does not prevent the employer from initiating independent disciplinary proceedings under the service rules in light of new evidence to ensure a...

Rehabilitation Component Outside RERA, MahaRERA Dismisses Housing Society Members' Complaint

The Maharashtra Real Estate Regulatory Authority (MahaRERA) dismissed a complaint against the developer of a rela estate project in Pune clarifying that the RERA Act does not apply to disputes involving the "rehabilitation component" of redevelopment projects.The authority, presided by Member Mahesh Pathak, held that because rehabilitation members are not "allottees" in a commercial sense,...

MahaRERA Fines Akola Developer ₹10,000 For Blurred RERA Number And QR Code In Newspaper Advertisement

The Maharashtra Real Estate Regulatory Authority's (MahaRERA) Nagpur Bench has imposed a penalty of Rs 10,000 on a real estate developer after holding that a newspaper advertisement carried mandatory RERA details in a manner that “appears blur and beyond recognition”, defeating the very purpose of statutory disclosure for homebuyers. The order was passed by Deputy Secretary Sanjay...

GST Not Payable On Waste Management Services Provided To Govt-Owned Clean Kerala: AAR

The Kerala Authority for Advance Ruling (AAR) has ruled that solid waste management work carried out for Clean Kerala Company Limited is not taxable under GST, after finding that Clean Kerala is a government-owned company performing municipal functions. The ruling came on an application filed by Tiffot Private Limited, which handles the collection, transport, processing and disposal...