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COURT PROCEEDINGS DELAY
Rs 5.31 lakh income tax refund denied as taxpayer did not claim it in the original ITR; he approaches ITAT Delhi and wins the case to get tax refund with interestRs 5.31 lakh tax refund denied as it was not claimed in the original ITR but in the subsequently filed Section 148 ITR; ITAT Delhi orders t...24 Aug, 2026, 04.27 PM IST- Supreme Court slams ‘luxury litigation’, imposes Rs 5 lakh cost on both litigantsThe Supreme Court has strongly disapproved of luxury litigation practices. Influential individuals indulging in such cases delay genuine le...24 Aug, 2026, 12.18 PM IST
- Bank unions threaten nationwide strike on September 11 to press for 5-day banking, other demandsBank unions will strike nationwide on September 11 due to unresolved demands. This action follows a government 'negative attitude' towards ...24 Aug, 2026, 10.30 AM IST
- Paid Rs 46 lakh for flat in 2019, but builder didnt deliver even after 6 years; wealth manager shares how buyer got Rs 1 crore payout from courtA Chennai couple who paid Rs 46 lakh for a flat in 2019 allegedly waited years without receiving possession, while continuing to pay both r...20 Aug, 2026, 01.44 PM IST
- Indian-origin grandma with Green Card detained after living 30 years in US: No criminal record, daughter is immigration lawyerVenkata Vasamsetty, a Green Card holder, was detained by US Immigration and Customs Enforcement. She had previously won an immigration cour...20 Aug, 2026, 12.07 PM IST
- Supreme Court directs Delhi High Court to decide coal scam appeals within four weeksThe Supreme Court has directed the Delhi High Court to decide coal scam appeals promptly. No interim stays will be granted by the High Cour...20 Aug, 2026, 09.46 AM IST
- Man constructs a house before selling his old property and claims income tax exemption under Section 54; Income Tax Department sends notice; he wins case in ITAT DelhiConstructs house for Rs 47 lakh in Tilak Nagar, sells old property in Paschim Viharfor Rs 53 lakh, pays no tax, tax dept sent notice, man w...19 Aug, 2026, 12.26 PM IST
- New-age stocks take off; Swiggy goes IndianHappy Wednesday! India’s new-age companies are gaining ground in public markets as more startups go public. This and more in today’s ETtech...19 Aug, 2026, 07.25 AM IST
- Reliance Industries says Rs 10 lakh Supreme Court order in NTPC gas case was ‘costs’, not fineReliance Industries on Tuesday clarified to stock exchanges that the Supreme Court did not impose a Rs 10 lakh fine or penalty on the compa...18 Aug, 2026, 06.20 PM IST
- Parliamentary panel says excessive judicial interventions slow down arbitration decisionA parliamentary committee noted judicial intervention hinders arbitration efficiency. Excessive court involvement slows down dispute resolu...18 Aug, 2026, 05.02 PM IST
- Byju’s resolution professional seeks 90-day extension to resolve insolvencyShailendra Ajmera, the resolution professional from consultancy EY, told the Bengaluru bench of the National Company Law Tribunal on Tuesda...18 Aug, 2026, 02.12 PM IST
- Right to speedy trial a valuable right of victim too: Supreme CourtIn a bold move, the Supreme Court has reversed an Allahabad High Court decision that postponed a murder trial. It emphasized the importance...17 Aug, 2026, 08.01 PM IST
- SpiceJet gets more time as NCLT defers lessors’ bankruptcy casesThe NCLT postponed rulings on SpiceJet bankruptcy petitions after a settlement. The tribunal will issue its order on Wednesday, August 19, ...17 Aug, 2026, 03.35 PM IST
- Kumaraswamy urges Karnataka CM to take over NICE road project, halt toll collectionUnion Minister H.D. Kumaraswamy urged Karnataka CM D.K. Shivakumar to take over the NICE road project. He also requested an immediate halt ...16 Aug, 2026, 04.30 PM IST
- India may need data pact with US to tighten CSAM crackdownTo effectively tackle child abuse material investigations, India might require a formal data-sharing agreement with the United States. US s...15 Aug, 2026, 10.34 AM IST
- Parliamentary panel backs govt steps to strengthen IBC recovery, seeks deeper action on fund diversionA parliamentary panel has backed govt efforts to improve insolvency recovery, seeking urgent action to prevent fund diversion during insolv...13 Aug, 2026, 03.27 PM IST
- Register FIR in cases of missing persons immediately, irrespective of age or gender: SCThe Supreme Court clarified its order on FIRs for missing persons. This directive now applies to every individual, irrespective of age or g...11 Aug, 2026, 02.48 PM IST
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