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Day: August 5, 2026

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  • 2026
  • August
  • 5
Debt Market at IFSC: Landscape, Trends and Outlook 2025-26
Posted inBlog

Debt Market at IFSC: Landscape, Trends and Outlook 2025-26

During fiscal year 2025-26, the Gujarat International Finance Tec-City (GIFT) International Financial Services Centre (IFSC) solidified its status as India's premier international debt market hub. Official data shows that cumulative…
Posted by Prasenjit Bhowmik August 5, 2026
IFSCA Updates AML/KYC Guidelines with FINgate 2.0 Reporting
Posted inBlog

IFSCA Updates AML/KYC Guidelines with FINgate 2.0 Reporting

The International Financial Services Centres Authority (IFSCA) issued a significant regulatory update on August 3, 2026, revising its existing Anti-Money Laundering and Countering the Financing of Terrorism frameworks. The new…
Posted by Prasenjit Bhowmik August 5, 2026
Rajasthan High Court Condones Delay in GST Appeal Under Section 107 Due to Medical Hardship
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Rajasthan High Court Condones Delay in GST Appeal Under Section 107 Due to Medical Hardship

The Rajasthan High Court recently issued a significant ruling by condoning a 99-day delay in filing a Goods and Services Tax (GST) appeal under Section 107 of the relevant tax…
Posted by Prasenjit Bhowmik August 5, 2026
ITAT Chennai Rules in Favor of Taxpayer on Section 36(1)(iii) Interest Disallowance
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ITAT Chennai Rules in Favor of Taxpayer on Section 36(1)(iii) Interest Disallowance

In a recent ruling that provides significant relief to corporate taxpayers, the Chennai bench of the Income Tax Appellate Tribunal (ITAT) has deleted an interest disallowance previously levied under Section…
Posted by Prasenjit Bhowmik August 5, 2026
Consumer Commission Dismisses Review Application in Madukar Nicodemus vs. Emaar MGF Land Ltd.
Posted inBlog

Consumer Commission Dismisses Review Application in Madukar Nicodemus vs. Emaar MGF Land Ltd.

On July 31, 2026, a consumer dispute forum in India officially dismissed Review Application No. 141 of 2026 filed by complainant Madukar Nicodemus against real estate developer Emaar MGF Land…
Posted by Prasenjit Bhowmik August 5, 2026
Legal Proceedings Involving V. Ramesh and Srinivasa Gowda Reach Key Stage
Posted inBlog

Legal Proceedings Involving V. Ramesh and Srinivasa Gowda Reach Key Stage

A notable legal matter involving multiple complainants, including V. Ramesh, Naveen Albert Pereira, and Simon Barnabus Anand, has advanced through official channels as of July 31, 2026. The proceedings centre…
Posted by Prasenjit Bhowmik August 5, 2026
Tribunal Condones 15-Day Delay in Ramaa Capital Appeal Against Gaudium IVF
Posted inBlog

Tribunal Condones 15-Day Delay in Ramaa Capital Appeal Against Gaudium IVF

A tribunal has condoned a 15-day filing delay in the ongoing legal dispute between Ramaa Capital and Gaudium IVF following a recent procedural hearing.
Posted by Prasenjit Bhowmik August 5, 2026
Tax Tribunal Delivers Final Order in Ms Lord Shiva Construction Co versus Rohtak Service Tax Dispute
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Tax Tribunal Delivers Final Order in Ms Lord Shiva Construction Co versus Rohtak Service Tax Dispute

On July 29, 2026, a significant legal proceeding concluded regarding a long-standing service tax dispute involving Ms Lord Shiva Construction Co and tax authorities in Rohtak, Haryana. The hearing took…
Posted by Prasenjit Bhowmik August 5, 2026
Section 263 Cannot Cure Wrong Penalty Provision in Assessment Order: ITAT Chennai
Posted inBlog

Section 263 Cannot Cure Wrong Penalty Provision in Assessment Order: ITAT Chennai

In a significant legal development, the Chennai bench of the Income Tax Appellate Tribunal (ITAT) has ruled that a revision order under Section 263 of the Income Tax Act cannot…
Posted by Prasenjit Bhowmik August 5, 2026
Legal Proceedings Advance in Bhati Versus Dev Build Home And Construction Case
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Legal Proceedings Advance in Bhati Versus Dev Build Home And Construction Case

On July 28, 2026, judicial proceedings in the case of Preetam Singh Bhati versus M/S Dev Build Home And Construction progressed significantly as the appellant fulfilled requirements for substituted service…
Posted by Prasenjit Bhowmik August 5, 2026

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Recent Posts

  • Legal Dispute Arises Over Insurance Claim Repudiation Following Bridge Collapse in Assam
  • Medical Negligence Case Brought Against Hospital Following Surgical Complications
  • Supreme Court Refers Time-Barred Debt Recovery Dispute Under SFC Act to Larger Bench
  • GSTAT Directs Oxford Realty to Refund ₹40.99 Lakh GST ITC Benefit to Godrej Infinity Homebuyers
  • ITAT Mumbai Upholds 0.5% Corporate Guarantee Fee and Permits ESOP Deductions

Recent Comments

  1. Consumer Court Orders Tata Motors to Replace Defective Vehicle and Pay Compensation – smeaccountant on Consumer Protection Ruling: Ralas Motors Case Highlights Accountability in Automotive Repairs
  2. Supreme Court Review Sought in Bajaj Allianz Life Insurance Dispute Over Pre-Existing Illness – smeaccountant on State Consumer Disputes Redressal Commission Reviews Appeal No. 1350 of 2025 in Lucknow
  3. Legal Dispute Arises Over Solar Project Commercial Operation Date in Tamil Nadu – smeaccountant on NCLAT Review Highlights Judicial Discretion on Impleadment in Corporate Disputes
  4. Tata Power Challenges Maharashtra Electricity Regulatory Commission Tariff Order – smeaccountant on NCLAT Hears Appeal Regarding Liquidator Appointment in Punjab National Bank Insolvency Case
  5. Consumer Court Progresses Long-Standing Vehicle Dispute Involving Major Manufacturers – smeaccountant on Mumbai Homebuyers Seek Justice After Decade-Long Delays in Residential Flat Possession

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