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Delhi HC sets aside Amazon Web Services tax reassessment over Rs.4,500 crore remittances, sends case for fresh look

New Delhi, Sept. 17 -- In a relief to Amazon Web Services Inc. (AWS), the Delhi high court on Thursday set aside an income-tax department order seeking to reopen its assessment over foreign remittance... Read More


SC to decide fate of reassessment notices affecting taxpayers

New Delhi, Sept. 16 -- The Supreme Court on Wednesday agreed to urgently hear the Centre's challenge against a Punjab and Haryana High Court ruling that struck down a provision of the Income-Tax Act, ... Read More


Delhi HC orders tax dept to refund Rs.783 cr to Teva Israel over Ranbaxy payment

New Delhi, Sept. 15 -- The Delhi High Court on Tuesday quashed tax proceedings against Israeli drugmaker Teva Pharmaceutical Industries Ltd. and its US affiliate arising from a deal with Ranbaxy Labor... Read More


Supreme Court questions FSSAI on 'high sugar, salt, fat' warning labels

New Delhi, Sept. 10 -- The Supreme Court on Thursday questioned the Food Safety and Standards Authority of India's (FSSAI) proposed two-phase approach for introducing front-of-pack warning labels on p... Read More


Cairn buyback case: SC sends Sebi penalty matter back to appellate tribunal

New Delhi, Sept. 9 -- The Supreme Court on Wednesday sent back to the Securities Appellate Tribunal (SAT) a case involving a Rs.5.25-crore penalty imposed by the Securities and Exchange Board of India... Read More


Drafting slips sending arbitration to winding, pricier detours

New Delhi, Sept. 7 -- The fine print in a contract can decide not just how a dispute is fought, but where, and at what cost. Leading law firms are urging companies to tighten arbitration clauses in th... Read More


SC junks Centre's plea against Rs.363 crore GST demand on Vodafone Idea

New Delhi, Sept. 7 -- The Supreme Court on Monday dismissed the Centre's challenge to a Bombay High Court order quashing a Rs.363 crore GST demand against Vodafone Idea in relation to its erstwhile en... Read More


SC junks camp plea against Rs.363 crore GST demand on Vodafone Idea

New Delhi, Sept. 7 -- The Supreme Court on Monday dismissed the Centre's challenge to a Bombay High Court order quashing a Rs.363 crore GST demand against Vodafone Idea in relation to its erstwhile en... Read More


Govt bodies can't seek old dues after IBC process completed: Delhi HC in Jaiprakash case

New Delhi, Sept. 2 -- The Delhi High Court on Wednesday said government authorities cannot remain outside a company's insolvency process and later seek recovery of old dues after the resolution plan i... Read More


NCLT sets up special bench to review Subhash Chandra repayment plan

India, Sept. 1 -- Hours after an appeals court agreed to hear aggrieved lenders in the Subhash Chandra case, the National Company Law Tribunal (NCLT) formed a new five-member special bench to reconsid... Read More