Can you sell household items worth more than Rs 2 lakh in cash? Check the tax rulesA woman successfully challenged the Income Tax Department's addition of Rs 10.80 lakh as unexplained cash. The ITAT Chennai ruled in her fa...
12 Jun, 2026, 10.44 AM IST
Jindal Poly Films dispute, India's first class action suit, sent by Supreme Court to arbitrationThe Supreme Court has sent a minority shareholder dispute involving Jindal Poly Films to arbitration. This decision overturns earlier order...
11 Jun, 2026, 07.37 PM IST
Reliance Foundation secures major win as ITAT overturns cancellation of charity registrationReliance Foundation has won a legal battle against the Income Tax authorities regarding the 'charitable' status of its Mumbai hospital. A t...
11 Jun, 2026, 12.46 AM IST
Insider trading: Supreme Court upholds SAT clearance to Biocon MDThe Supreme Court has backed a tribunal's decision, clearing Biocon's managing director, Shreehas P Tambe, of insider trading allegations f...
10 Jun, 2026, 12.25 AM IST
Bank auctioned pledged land after borrower defaulted but buyer took 2 years to pay 75% money; borrower cleared the dues, fought and won the case in SC to get his land backThe Supreme Court agreed with the Madras High Court's call to cancel the auction of Mr. Rama's family property. The bank was trying to sell...
09 Jun, 2026, 11.39 AM IST
Paying tax won't legitimise cash stashesThe taxman is tightening its grip on undeclared cash, with a recent tribunal ruling allowing the benami wing of the Income Tax department t...
08 Jun, 2026, 12.28 AM IST
NCLAT quashes Ligare Aviation's insolvency; loan from Religare Enterprises round-tripping of moneyThe National Company Law Appellate Tribunal has cancelled insolvency proceedings against Ligare Aviation. The tribunal found the National C...
07 Jun, 2026, 12.06 PM IST
EPFO held on to Rs 10 lakh for 11 years: Patna HC orders it to refund the deposit with 6% interest for ‘unjust enrichment’The Patna High Court has ordered the EPFO to pay 6% annual interest on a Rs 10 lakh deposit, citing unjust enrichment. The court ruled that...
06 Jun, 2026, 07.11 AM IST
Chhattisgarh HC says Economic Value of Frozen Assets must be preserved during PMLA proceedingsThe Chhattisgarh High Court ruled that asset preservation under PMLA includes safeguarding economic value, not just legal control. This all...
05 Jun, 2026, 01.56 PM IST
Pahlaj Nihalani, producer and former CBFC chief, dies at 76Veteran producer and former Central Board of Film Certification chairperson Pahlaj Nihalani has died. Nihalani began his career in 1982 and...
04 Jun, 2026, 01.45 PM IST
Pahlaj Nihalani cause of death: Filmmaker and ex-CBFC chairperson dies at 76Veteran film producer and former CBFC chairperson Pahlaj Nihalani passed away in Mumbai on June 4, 2026, at the age of 76. Known for produc...
04 Jun, 2026, 12.46 PM IST
GOQii moves SC over higher customs duty on fitness trackersGOQii Technologies has approached the Supreme Court. The fitness tech company wants a decision on customs duty for its imported bands. It a...
03 Jun, 2026, 12.30 AM IST
Tribunals redefine commercial justice in India: NCLAT chiefThe National Company Law Tribunal and National Company Law Appellate Tribunal have reshaped commercial justice in India. These bodies, esta...
01 Jun, 2026, 11.55 PM IST
'Misleading financial statements': Suzlon to challenge Sebi's penalty order before SATSuzlon Energy plans to challenge Sebi's order imposing penalties of nearly Rs 29 crore on the company and former executives over alleged ac...
31 May, 2026, 10.39 AM IST
Reliance Industries gets partial relief from Supreme Court as it sets aside Rs 447 crore Sebi recovery orderIn a landmark ruling, the Supreme Court has sided with Reliance Industries Ltd in a trading case that has spanned over 15 years. The court ...
30 May, 2026, 08.21 AM IST
Supreme Court upholds CCI order, clears NSE of anti-competitive practices in co-location caseThe Supreme Court has backed the Competition Commission of India's decision. This means no investigation will occur against the National St...
27 May, 2026, 12.17 AM IST
Supreme Court notice to Centre on plea highlighting vacant posts in Income Tax Appellate TribunalThe Supreme Court on Tuesday has asked the Centre to fill vacant posts across the Income Tax Appellate Tribunal. A bench directed High Cour...
26 May, 2026, 12.29 PM IST