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Sustainable Development in India: Legal Framework, Policies & Challenges
India’s environmental laws have been designed to address the country’s unique developmental challenges while ensuring the protection of its natural resources. The legal framework for sustainable ...
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Transferring part of building for managing threshold limit for levy of luxury tax is tax evasion
Kerala High Court held that transferring 1 st floor of the building to wife for reducing limit below prescribed threshold ...
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Imposition of GST on differential turnover: matter remitted back due to non-participation in proceedings
Madras High Court remitted the matter of imposition of GST on entire differential turnover since petitioner failed to ...
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Unblocking of ITC directed in matter of wrong availment of ITC to allow assessee to file return
Orissa High Court held that proper officer has exercised discretion in intimating petitioner that ITC has wrongly been ...
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Allahabad High Court Disapproves Bar Body’s Request To Not Pass Adverse Orders
It is most significant to note that while leading from the front, the Allahabad High Court in a most learned, laudable, ...
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Clarification on Regularization of National Small Savings Schemes Accounts
The Department of Posts issued SB Order No. 05A/2024, providing clarifications on the regularization of accounts opened in violation of the National Small Savings Schemes (NSS) rules. As per the new ...
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Input tax credit eligible under section 16(5) and 16(6) of CGST Act: Gauhati HC
Gauhati High Court held that petitioner is entitled to claim input tax credit subject to conditions prescribed to newly inserted section 16 (5) and section 16 (6) of the CGST Act, 2017 which are ...
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Date of submission of claim recognised on accrual of cash incentive: Punjab & Haryana HC
Punjab and Haryana High Court held that date of submission of claim would be recognized on accrual of cash incentive and not from date of submission or receipt of cash incentive.
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GST demand confirmed due to non-response: Madras HC remitted matter back
Madras High Court remanded the matter back for reconsideration with condition to remit 5% of disputed tax demand since the tax proposal was confirmed because the tax payer did not appear for the ...
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Environmental laws and its effective implementation
Success in the effective implementation of environmental laws would, in this end, be achieved through the balance of conservation with development and through ensuring that future generations inherit ...
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Bulldozer Justice Simply Unacceptable in A Civilised System: SC
What’s more, the Bench then directs in para 34 stating that, “The Registrar (Judicial) shall circulate a copy of this judgment to the Chief Secretaries of all the States/Union Territories to ensure ...
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NBFC FD Rates: A Comparative Overview
On an average, NBFCs offer 1-2% higher interest rates than banks. While top nationalised banks typically offer 5-6% per annum, and private banks go up to 6-6.50% per annum, some NBFCs like Bajaj ...