All Tribunals Case Commentaries

Affirmation of IBC's Applicability to Personal Guarantors and Limitation Provisions: Merin Jose v. State Bank of India

Date: Aug 31, 2022

Affirmation of IBC's Applicability to Personal Guarantors and Limitation Provisions: Merin Jose v. State Bank of India Introduction The case of Merin Jose v. State Bank of India presented before the...

ITAT Chandigarh Upholds Section 80P Deductions Amidst Late Filing Disputes

Date: Aug 31, 2022

ITAT Chandigarh Upholds Section 80P Deductions Amidst Late Filing Disputes Introduction The case of The Lanjani Co-Operative Agri Service Society Limited, Kangra v. DCIT, CPC/ITO-Ward-, Dharamshala...

Clarification on Re-filing Appeals and Limitation Periods under NCLAT: V R Ashok Rao & Ors v. TDT Copper Limited

Date: Aug 31, 2022

Clarification on Re-filing Appeals and Limitation Periods under NCLAT: V R Ashok Rao & Ors v. TDT Copper Limited Introduction The case V R Ashok Rao & Ors v. TDT Copper Limited adjudicated by the...

Clarifying the Scope of Section 263: M/s Kinnor Kinnoree v. CIT-X Establishes Limits on Revisional Powers

Date: Aug 31, 2022

Clarifying the Scope of Section 263: M/s Kinnor Kinnoree v. CIT-X Establishes Limits on Revisional Powers Introduction The case of M/s Kinnor Kinnoree, Kolkata v. Commissioner of Income Tax-X,...

Independent Exercising of Revisional Powers under Section 263: ITAT Jaipur Decision

Date: Aug 30, 2022

Independent Exercising of Revisional Powers under Section 263: ITAT Jaipur Decision Introduction The case of Om Prakash Agarwal vs. Principal Commissioner of Income Tax, Jaipur-1, adjudicated by the...

Benzo Chem Industries Pvt. Ltd. Environmental Compliance: NGT Judgment Analysis

Date: Aug 30, 2022

Benzo Chem Industries Pvt. Ltd. Environmental Compliance: NGT Judgment Analysis Introduction The case of Arvind Manohar Mahajan v. M/s Benzo Chem Industries Pvt. Ltd. was adjudicated by the National...

NCDRC Establishes Precedence on Builder Deficiency and Unfair Practices in Real Estate Transactions

Date: Aug 27, 2022

NCDRC Establishes Precedence on Builder Deficiency and Unfair Practices in Real Estate Transactions Introduction The case of Ran Vijay Singh vs. Puri Construction Private Limited and Another...

Recovery Certificate Issuance Under RDDBFI Act 1993: State Bank of India v. Sankar Saha

Date: Aug 27, 2022

Recovery Certificate Issuance Under Recovery of Debts Due to Banks and Financial Institutions Act, 1993: State Bank of India v. Sankar Saha Introduction The case of State Bank of India (SBI) v....

Tax Implications on Reinsurance Premiums: Insights from Cholamandalam MS General Insurance Co. Ltd. vs DCIT, Chennai

Date: Aug 27, 2022

Tax Implications on Reinsurance Premiums: Insights from Cholamandalam MS General Insurance Co. Ltd. vs DCIT, Chennai Introduction The case of Cholamandalam MS General Insurance Company Limited,...

Enforceability of Personal Guarantees Under IBC: Analysis of Mr. Satyan Kasturi v. State Bank of India

Date: Aug 26, 2022

Enforceability of Personal Guarantees Under IBC: Analysis of Mr. Satyan Kasturi v. State Bank of India Introduction The case of Mr. Satyan Kasturi v. State Bank of India addresses critical issues...

Gulab Singh v. Sriram General Insurance Company: Comprehensive Legal Commentary

Date: Aug 26, 2022

Gulab Singh v. Sriram General Insurance Company: Comprehensive Legal Commentary Introduction Case Title: Gulab Singh v. Sriram General Insurance Company Court: State Consumer Disputes Redressal...

Section 263 Jurisdiction Clarified in Balvinder Singh vs. Pr, CIT Rohtak

Date: Aug 25, 2022

Section 263 Jurisdiction Clarified in Balvinder Singh vs. Pr, CIT Rohtak Introduction The case of Balvinder Singh, Haryana v. Pr, CIT, Rohtak, adjudicated by the Income Tax Appellate Tribunal (ITAT),...

Creditor Classification under Insolvency and Bankruptcy Code: Insights from Raghavendra G. Kundangar v. Shashi Agarwal

Date: Aug 25, 2022

Creditor Classification under Insolvency and Bankruptcy Code: Insights from Raghavendra G. Kundangar v. Shashi Agarwal Introduction The case of Raghavendra G. Kundangar And Ors v. SHASHI AGARWAL the...

Sun Pharmaceuticals v. DCIT: Corporate Guarantees Classified as International Transactions Under Transfer Pricing Regulations

Date: Aug 25, 2022

Sun Pharmaceuticals v. DCIT: Corporate Guarantees Classified as International Transactions Under Transfer Pricing Regulations Introduction In the case of Sun Pharmaceuticals Industries Ltd. vs....

De Novo Benchmarking Mandated for Transfer Pricing Adjustments in International Banking Transactions

Date: Aug 25, 2022

De Novo Benchmarking Mandated for Transfer Pricing Adjustments in International Banking Transactions Introduction The judgment in DCIT (IT) 3(2)(2), Mumbai v. Mizuho Corporate Bank Maker, Mumbai,...

Reinforcing Bank Recovery Mechanisms: Insights from Canara Bank v. Shri Ram Fast Food

Date: Aug 24, 2022

Reinforcing Bank Recovery Mechanisms: Insights from Canara Bank v. Shri Ram Fast Food Introduction The case of Canara Bank v. M/s Shri Ram Fast Food & Ors. adjudicated by the Debts Recovery Tribunal...

Recognizing Subsequent Allottees as Consumers and Establishing Delay Compensation Standards in Real Estate: Pushpa Gogia v. Emaar MGF Land Limited

Date: Aug 23, 2022

Recognizing Subsequent Allottees as Consumers and Establishing Delay Compensation Standards in Real Estate: Pushpa Gogia v. Emaar MGF Land Limited Introduction The case of Pushpa Gogia v. Emaar MGF...

Reinforcing the Requirement for Expert Evidence in Proving Manufacturing Defects: ADITYA WOOD PLAST & METAL INDUSTRY v CONTINENTAL AUTO SERVICES

Date: Aug 23, 2022

Reinforcing the Requirement for Expert Evidence in Proving Manufacturing Defects: ADITYA WOOD PLAST & METAL INDUSTRY v CONTINENTAL AUTO SERVICES Introduction The case of Aditya Wood Plast & Metal...

ITAT Chennai Upholds Finality of Settlements Under Direct Tax Vivad Se Vishwas Act, 2020

Date: Aug 19, 2022

ITAT Chennai Upholds Finality of Settlements Under Direct Tax Vivad Se Vishwas Act, 2020 Introduction The case of Sol India Private Limited, Chennai v. Principal Commissioner of Income Tax, Chennai-3...

Inclusion of Corporate Guarantees as International Transactions under Section 92B: ITAT Ahmedabad's Comprehensive Ruling in M/s Adani Enterprises Ltd. v. DCIT

Date: Aug 18, 2022

Inclusion of Corporate Guarantees as International Transactions under Section 92B: ITAT Ahmedabad's Comprehensive Ruling in M/s Adani Enterprises Ltd. v. DCIT Introduction The case of M/s Adani...