All Tribunals Case Commentaries

Pre-existing Disputes and CIRP Initiation: Analyzing Anup Jhunjhunwala v. Adea Powerquips Pvt. Ltd.

Date: Jan 6, 2023

Pre-existing Disputes and CIRP Initiation: Analyzing Anup Jhunjhunwala v. Adea Powerquips Pvt. Ltd. Introduction The case of Anup Jhunjhunwala Operational Creditor v. Adea Powerquips Private Limited...

Deletion of Additions Under Section 68: ITO, Ward-6(1), Kolkata v. Naina Distributors Pvt. Ltd.

Date: Jan 5, 2023

Deletion of Additions Under Section 68: ITO, Ward-6(1), Kolkata v. Naina Distributors Pvt. Ltd. Introduction The case of ITO, Ward-6(1), Kolkata v. Naina Distributors Pvt. Ltd. adjudicated by the...

Reconciling IBC with Central Excise Refunds: NCLAT's Landmark Decision Amid COVID-19

Date: Jan 5, 2023

Reconciling IBC with Central Excise Refunds: NCLAT's Landmark Decision Amid COVID-19 Introduction The case of Office Of The Assistant Commissioner Of Central Tax And Another v. Rakesh Singala,...

Taxation of Conditional Sweat Equity: ACIT v. Harish Bhandari

Date: Jan 4, 2023

Taxation of Conditional Sweat Equity: ACIT v. Harish Bhandari 1. Introduction The case of ACIT, New Delhi v. Shri Harish Bhandari pertains to the taxation of sweat equity shares under the Income Tax...

Pushpa Pal v. Mona Township: Reinforcing Allottee Rights for Refunds and Interest under RERA

Date: Jan 4, 2023

Pushpa Pal v. Mona Township: Reinforcing Allottee Rights for Refunds and Interest under RERA Introduction The case of Pushpa Pal v. Mona Townships Private Limited adjudicated by the Real Estate...

CERC Establishes Key Precedents on Transmission Tariff and Cost Condonation in Power Grid Corporation Case

Date: Jan 4, 2023

CERC Establishes Key Precedents on Transmission Tariff and Cost Condonation in Power Grid Corporation Case Introduction The Power Grid Corporation of India Limited (PGCIL) filed a petition before the...

Enhancing Corporate Governance: CERC Approves Appointment of Independent Directors at Power Exchange India Limited

Date: Jan 4, 2023

Enhancing Corporate Governance: CERC Approves Appointment of Independent Directors at Power Exchange India Limited Introduction The Central Electricity Regulatory Commission (CERC) rendered a pivotal...

Strict Compliance with Section 80AC: Implications for Cooperative Societies under Income Tax

Date: Jan 4, 2023

Strict Compliance with Section 80AC: Implications for Cooperative Societies under Income Tax Introduction The case of M/s. Syndicate Bank Staff Co-Op. Society Ltd., Bengaluru v. DCIT, CPC, Bengaluru...

RERA Judgment: Developer Not Obliged to Refund Overpaid Land Cost Amid Guideline Value Reduction but Liable for Delivery Delays

Date: Jan 3, 2023

RERA Judgment: Developer Not Obliged to Refund Overpaid Land Cost Amid Guideline Value Reduction but Liable for Delivery Delays Introduction The case of V. Sadasivam v. VGN Projects Estates Pvt. Ltd....

Compensation for Delayed Plot Possession: Mandeep Sharma v. Greater Mohali Area Development Authority

Date: Jan 3, 2023

Compensation for Delayed Plot Possession: Mandeep Sharma v. Greater Mohali Area Development Authority Introduction The case of Mandeep Sharma v. Greater Mohali Area Development Authority revolves...

Enforcement of KCC Loan and Recovery under RODB Act: Insights from Kotak Mahindra Bank Ltd. v. Kesar Singh & Others

Date: Dec 31, 2022

Enforcement of KCC Loan and Recovery under RODB Act: Insights from Kotak Mahindra Bank Ltd. v. Kesar Singh & Others Introduction The case of Kotak Mahindra Bank Ltd. v. Kesar Singh & Others...

Discharge of Burden under Section 68: ITAT Upholds CIT(A) in ITO v. M/s Mainak Suppliers Pvt. Ltd.

Date: Dec 29, 2022

Discharge of Burden under Section 68: ITAT Upholds CIT(A) in ITO v. M/s Mainak Suppliers Pvt. Ltd. Introduction The case of Income Tax Officer, Ward-9(1), Kolkata versus M/s Mainak Suppliers Pvt....

Invalid Assessment Due to Non-Jurisdictional Notice: In-Depth Commentary on Shri Chowaram Dhiwar v. ITO-1(2), Raipur

Date: Dec 29, 2022

Invalid Assessment Due to Non-Jurisdictional Notice: In-Depth Commentary on Shri Chowaram Dhiwar v. ITO-1(2), Raipur Introduction The case of Shri Chowaram Dhiwar vs. Income Tax Officer-1(2), Raipur...

Establishing the Standard of Care in Medical Negligence under Consumer Protection: Insights from SMT. MAMTA AGARWAL & ORS. v. BOMBAY HOSPITAL MEDICAL RESEARCH CENTRE & ORS.

Date: Dec 23, 2022

Establishing the Standard of Care in Medical Negligence under Consumer Protection: Insights from SMT. MAMTA AGARWAL & ORS. v. BOMBAY HOSPITAL MEDICAL RESEARCH CENTRE & ORS. Introduction The case of...

Extending Limitation Period through Acknowledgment of Debt under Section 7 IBC: Insights from Edelweiss v. Perfect Engine Components

Date: Dec 23, 2022

Extending Limitation Period through Acknowledgment of Debt under Section 7 IBC: Insights from Edelweiss Asset Reconstruction Company Limited v. Perfect Engine Components Pvt. Ltd. 1. Introduction The...

Sar-La Education Trust v. ITO: Landmark Ruling on Section 11 Exemptions

Date: Dec 23, 2022

Sar-La Education Trust v. ITO: Landmark Ruling on Section 11 Exemptions Introduction The case of Sar-La Education Trust, New Delhi v. Income Tax Officer (Exemption), New Delhi is a significant...

Enforcement of Debt Recovery under RDB Act: Insights from PNB v. Raj Ceramics

Date: Dec 22, 2022

Enforcement of Debt Recovery under RDB Act: Insights from PNB v. Raj Ceramics Introduction The case of Punjab National Bank vs. M/s Raj Ceramics & Others was adjudicated by the Debts Recovery...

Strengthening Enforcement of Environmental Norms in Residential Areas: Insights from KULWANT SINGH v. GOVERNMENT OF NCT OF DELHI

Date: Dec 22, 2022

Strengthening Enforcement of Environmental Norms in Residential Areas: Insights from KULWANT SINGH S/O LATE SHRI UDHAM SINGH v. GOVERNMENT OF NCT OF DELHI THROUGH THE SECRETARY DEPARTMENT OF...

Punjab National Bank v. M/s Balaji Associates & Others: Upholding Financial Discipline in Debt Recovery

Date: Dec 22, 2022

Punjab National Bank v. M/s Balaji Associates & Others: Upholding Financial Discipline in Debt Recovery Introduction The case of Punjab National Bank v. M/s Balaji Associates & Others adjudicated by...

Correct Allocation of Refunds and Interest under Section 244A: Insights from Karsanbhai Kacharabhai Patel HUF v. ITO

Date: Dec 22, 2022

Correct Allocation of Refunds and Interest under Section 244A: Insights from Karsanbhai Kacharabhai Patel HUF v. ITO Introduction The case of Karsanbhai Kacharabhai Patel HUF, Ahmedabad v. The Income...