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JAIPUR DEVELOPMENT APPELLATE TRIBUNAL
SC holds Jaipur Tribunal Presiding Officer personally accountable, orders disposal of illegal construction appeals in 2 weeks"The Presiding Officer shall be personally responsible and accountable for any violation of this direction," the Bench said, directing coun...- Earnings from unexercised ESOP buyback is LTCG, not pay perk: ITATThe Income Tax Appellate Tribunal ruled that vested ESOPs are not taxable as salary until exercised. It held that gains from Flipkart's rep...
- Homebuyers lose stilt parking case: Maharashtra court explains why builder's allotment was invalidHousing society prevented homebuyers from using their stilt parking spaces given by builder as it was given after registration of society; ...
- Unexercised ESOP buyback gains taxable as LTCG, not salary income: ITATThe Income Tax Appellate Tribunal determined that employee stock options are not considered part of salary perks until they are exercised. ...
- SC asks JioStar to approach Delhi HC in TRAI tariff framework disputeThe Supreme Court directed JioStar India Pvt Ltd to approach the Delhi High Court. JioStar challenged parts of TRAI's regulatory framework ...
- SC rejects IEX plea against CERC market coupling orderThe Supreme Court dismissed the Indian Energy Exchange's appeal against the CERC's market coupling order. Justices refused to interfere wit...
- Govt cuts ₹16,688 crore in tax disputes after appeal threshold hikeThe government withdrew thousands of tax appeals after raising litigation limits. This action reduced disputed tax demand by over sixteen t...
- IEX shares fall 4% after Supreme Court denies hearing market coupling caseIndian Energy Exchange shares declined after the Supreme Court allowed the Central Electricity Regulatory Commission to continue framing re...
- Disputed tax demand down Rs 16,690 cr since hike in monetary limit for filing appeals, LS toldHigher monetary limits for tax appeals have reduced disputed tax demand by about ₹16,690 crore, with over 23,000 departmental cases withdra...
- Nuclear Energy: First draft rules of SHANTI Act ready for consultations, final notification likely in few monthsDraft rules for India's SHANTI Act, 2025, are currently under discussion with ministries. Industry inputs are also being sought on the prop...
- Seeking legal advise on SEBI order in land pledge case, no bearing on ongoing fundraising: ZeeZee Entertainment Enterprises is seeking legal advice after SEBI barred it from the securities market. The market regulator also prohibited...
- ITAT Mumbai cancels income tax notice over Rs 8 crore compensation to tenants without their consent; rejects I-T department's contingent liability claimBuilder's hired firm wanted to pay 56 tenants additional Rs 8 crore to vacate land; Tax Dept sent notice citing this payment as contingent ...
- NCLAT rejects DoT's 469-crore claim appeal in Rolta insolvency; upholds resolution planThe NCLAT has officially dismissed the Department of Telecommunications' (DoT) appeal against Rolta India's resolution plan, stating it has...
- Suraksha Group completes structural audit of seven towers at Jaypee Wish TownSuraksha Group has completed structural audits for many towers and received Fire NOCs for two. Construction work is ongoing for nearly six ...
- Reporting perquisite as capital gain in ITR by mistake resulted in Rs 6.63 crore penalty for a salaried employee; ITAT Mumbai granted him relief for this reasonRs 6.63 crore penalty imposed on salaried employee for reporting perquisite as capital gains in ITR; ITAT Mumbai grants relief, says salari...
- SC upholds NCLAT order setting aside CCI's Rs 301.6-cr penalty on Grasim IndustriesThe Supreme Court upheld an NCLAT order concerning Grasim Industries. This decision set aside a significant penalty previously imposed by t...
- CBIC readies rules to facilitate filing of multi-state GST appealsThe Central Board of Indirect Taxes and Customs is preparing a new framework that will streamline departmental appeals involving multiple s...
- IPL founder Lalit Modi to return to India after tribunal relief in 2009 fund transfer caseLalit Modi is set to make his return to India by late 2023 or early 2027. A significant legal victory from the Appellate Tribunal, which ov...
- After Supreme Court rap, JDA swings into action, serves notices to illegal commercial units in JaipurWeeks after the Supreme Court pulled up civic authorities across the country over rampant misuse of residential properties for commercial p...
- Gratuity, leave encashment not part of CIRP cost: NCLATThe NCLAT dismissed an appeal regarding priority payment of gratuity dues. It upheld an earlier NCLT order concerning Duncans Industries' f...
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