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Supreme Court Emphasizes Fair Hearings in GST Show Cause Notices
Discover how the Supreme Court is protecting taxpayers by demanding fair hearings and unbiased decisions in GST show cause notice cases.
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Bangalore ITAT Rules Demonetised Notes for Loan Recovery Are Not Taxable Under Section 68
The Bangalore ITAT ruled that demonetised notes accepted for loan recoveries are not taxable under Section 68, easing tax burdens for cooperatives.
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National Consumer Disputes Redressal Commission Reviewes PNB Metlife Insurance Compensation Dispute
On August 7, 2026, the National Consumer Disputes Redressal Commission addressed a revision petition filed by Ramanathan M. against PNB Metlife India Insurance Company Limited. The legal proceeding stems from…
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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…
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Insurance Industry Faces Legal Scrutiny Over Consumer Claim Repudiations
Insurers face intense legal scrutiny and mounting challenges over consumer claim repudiations, impacting policyholders and industry practices.
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Insurance Accountability: NCDRC Rules on Prolonged Claim Repudiation in Industrial Fire Cases
NCDRC holds insurers accountable for prolonged claim repudiation in industrial fire cases, emphasizing timely settlements and professional conduct.
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Real Estate Dispute Highlights Complexity of Consumer Compensation in Indian Property Law
Recent Legal Precedent in Consumer Property DisputesOn May 29, 2026, a significant real estate dispute between complainants Rohit and Gauri Pandit and developer Pashmina Realty Pvt Ltd reached a critical…
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GST Annual Compliance Review 2025-26: Critical Deadlines and Strategic Rectification
As the fiscal year 2025-26 approaches its close, businesses operating in India face a critical window to rectify Goods and Services Tax (GST) reporting discrepancies before the statutory deadline of…