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SUPREME COURT AND TRANSACTION OF BUSINESS RULES
Husband trades through wife’s demat account, incurs Rs 1.95 crore loss; tax dept sends notice over clubbing of income, ITAT Lucknow grants him reliefA husband's attempt to offset substantial stock market losses against his income was initially rejected by tax authorities. Despite trading...
Don't want to open pandora's box with regard to proceedings of collegium: Supreme CourtThe Supreme Court declined to intervene in a judicial officer's plea challenging the elevation of junior colleagues to the Himachal Pradesh...
Congress makes strong pitch for making right to vote a fundamental rightThe Congress is advocating for the right to vote to be declared a fundamental right, citing concerns over voter suppression and arbitrary d...
Living in a flat? Govt may soon introduce a new certificate that could reveal whether your building is actually safe to live inThe Indian government is considering introducing durability certificates for buildings to address growing concerns over unsafe construction...
Supreme Court rejects plea challenging Income Tax break to STs in North EastThe Supreme Court has declined to hear a petition questioning the income tax exemption for Scheduled Tribes in certain north-eastern states...
SC's ₹30,000 homemaker benchmark may lift accident compensation payoutsA Supreme Court ruling has assigned a notional monthly value of ₹30,000 to unpaid household work. This decision is expected to significantl...
SC seeks ECI, Centre responses on plea against Aadhaar use beyond identity proofThe Supreme Court is examining a plea to ensure Aadhaar is used solely for identity verification. The petition argues its use for citizensh...
Bank freezes Bengaluru man's entire account instead of Rs 25,000 specified by police; Karnataka HC grants him reliefA Bengaluru resident approached the Karnataka High Court after his bank froze his entire account despite police communications seeking a fr...
TCS to take $70 million hit after US Supreme Court rejects appeal in trade secrets caseTata Consultancy Services will book a $70 million charge in the first quarter of FY27. This follows the US Supreme Court's decision not to ...
Deccan Gold Mines shares rally 20% to fresh lifetime high after this Supreme Court orderDeccan Gold Mines shares surged significantly after the Supreme Court ruled in its favor. The apex court upheld the company's mining lease ...
Abhishek Banerjee tells Speaker rebel MPs cannot claim separate identityIn the letter, Banerjee said the legislative party in the Lok Sabha derives its existence from the political party and that there can be on...
Umar Khalid, Sharjeel Imam move fresh bail pleas after nearly 6 years in jailUmar Khalid and Sharjeel Imam seek bail in a Delhi court. They argue their prolonged detention without trial violates their rights. Both ha...
SC sets Rs 30,000 monthly income for housewives, calls them 'nation builders'The Supreme Court has declared homemakers as nation builders. Their domestic care work will now be recognized as a separate category for co...
Online gaming money tax dispute: GST to be charged on full value of the deposit, rules Supreme Court, know how it impacts the playersThe Supreme Court has settled India's online gaming tax dispute. GST will now be charged on the full value of player deposits, not just the...
Trump’s 10% global tariffs stay in force after appeals court extends pause on trade court decisionA US appeals court has kept a 10% global tariff in place for three importers. This decision follows a lower court ruling that had granted t...
US refunds $22 billion in first repayments of Trump's tariffs in MayUS authorities have begun refunding billions in customs duties. This follows a Supreme Court decision invalidating President Donald Trump's...
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...