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Day: August 9, 2026

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Telangana High Court Restores GST Appeal Filed Within Court-Granted 45-Day Period
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Telangana High Court Restores GST Appeal Filed Within Court-Granted 45-Day Period

The Telangana High Court restored a GST appeal rejected by tax authorities, ruling that the taxpayer filed it within the court-approved 45-day window.
Posted by Prasenjit Bhowmik August 9, 2026
Punjab & Haryana High Court Quashes GST Prosecution Against Company Director
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Punjab & Haryana High Court Quashes GST Prosecution Against Company Director

The Punjab and Haryana High Court quashed a GST prosecution against a director because the company itself was not formally charged in the case.
Posted by Prasenjit Bhowmik August 9, 2026
RBI Dollar-Rupee Forex Swap Scheme: Evaluating the Impact on ECB Borrowers
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RBI Dollar-Rupee Forex Swap Scheme: Evaluating the Impact on ECB Borrowers

Discover how the RBI forex swap scheme stabilizes the rupee and protects Indian corporations with external commercial borrowings from currency volatility.
Posted by Prasenjit Bhowmik August 9, 2026
ITAT Panaji Quashes Penny-Stock Reassessment for Borrowed Satisfaction
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ITAT Panaji Quashes Penny-Stock Reassessment for Borrowed Satisfaction

The Income Tax Appellate Tribunal (ITAT) in Panaji recently delivered a significant ruling by setting aside a tax reassessment proceeding involving alleged penny-stock transactions. According to official reports, the tribunal…
Posted by Prasenjit Bhowmik August 9, 2026
Appeals Filed Against State Consumer Commission Order Regarding Fire Incident Insurance Claims
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Appeals Filed Against State Consumer Commission Order Regarding Fire Incident Insurance Claims

On August 5, 2026, legal proceedings advanced regarding two interconnected insurance appeals concerning a destructive fire incident. Mr. Sugandh Kumar, representing the late Shyam Babu, formally challenged a prior common…
Posted by Prasenjit Bhowmik August 9, 2026
Consumer Court Seeks Accountability in Digital Arrest Banking Fraud Case
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Consumer Court Seeks Accountability in Digital Arrest Banking Fraud Case

A new consumer court case against HDFC Bank demands banking accountability and answers after a victim lost major funds to a coercive digital arrest scam.
Posted by Prasenjit Bhowmik August 9, 2026
Former Employees Challenge Resolution Plan in Hindustan Newsprint Ltd Legal Proceedings
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Former Employees Challenge Resolution Plan in Hindustan Newsprint Ltd Legal Proceedings

Former Hindustan Newsprint employees challenge a key insolvency resolution plan in court to secure their unpaid gratuity and leave encashment benefits.
Posted by Prasenjit Bhowmik August 9, 2026
Tax Tribunal Examines Cleaning Service Classifications in Vadodara
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Tax Tribunal Examines Cleaning Service Classifications in Vadodara

Discover how the Vadodara tax tribunal ruling clarifies commercial cleaning service classifications and impacts tax liabilities for specialized providers.
Posted by Prasenjit Bhowmik August 9, 2026
RBI FCNR(B) Swap Scheme 2026: Higher Returns for NRIs with Limited-Time Benefits
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RBI FCNR(B) Swap Scheme 2026: Higher Returns for NRIs with Limited-Time Benefits

On June 8, 2026, the Reserve Bank of India officially introduced a targeted Foreign Currency Non-Resident Bank deposit swap scheme aimed at attracting foreign capital. This strategic financial initiative empowers…
Posted by Prasenjit Bhowmik August 9, 2026
Legal Proceedings Advance in Nitin Malik and Others versus State of Haryana Case
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Legal Proceedings Advance in Nitin Malik and Others versus State of Haryana Case

In a recent judicial session held on July 27, 2026, the legal proceedings concerning Nitin Malik and 52 other petitioners against the State of Haryana and others moved forward under…
Posted by Prasenjit Bhowmik August 9, 2026

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