thetaxcorp.in

Tata Motors Q2 FY27 Commercial Vehicle Sales: 42.7% YoY Growth with 1,35,114 Units Sold

Summary Tata Motors Limited has reported a 42.7% year-on-year increase in commercial vehicle sales for Q2 FY27, with total units sold reaching ...
thetaxcorp.in

Streamlining Compliance: A Comprehensive Guide to the New Multistate GST Registration Facility on the GST Portal

Summary The GSTN's introduction of the Multistate Registration facility, effective as per the advisory dated Oct 1st, 2026, marks a significant ...
thetaxcorp.in

Maruti Suzuki India Limited Discloses Comprehensive Sales Expansion for September 2026

Summary Maruti Suzuki India Limited reported a total sales volume of 236,013 units in September 2026, marking a significant increase from the 189,665 ...
thetaxcorp.in

Withdrawn Injunction Suit Cannot Resurrect Omitted Specific Performance Claim: Supreme Court Clarifies Order II Rule 2 and Oral Contract Proof Standards

Summary The Supreme Court's decision in Bombay Garage Ahmedabad Limited & Ors. Vs J P Iscon Private Ltd. & Anr. delivers a dual ruling of enduring ...
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Loan vs. Deposit Under MPID Act: Supreme Court Rules Nomenclature Is Not Determinative in Alka Agrawal Case

Summary The Supreme Court's decision in Alka Agrawal And Others Vs State of Maharashtra And Others delivers an authoritative interpretation of Section 2(c) ...
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Section 263 Revision Cannot Override a Legally Defensible View: ITAT Jaipur Rules on Rs. 1.48 Crore Land Acquisition Interest

Summary The ITAT Jaipur's majority decision in Naresh Kumar vs. PCIT (ITAT Jaipur) provides robust authority against Section 263 revision in cases where the ...
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State Cannot Invoke Adverse Possession Against Its Own Citizens: Supreme Court Ruling in Vidya Devi Case

Summary The Supreme Court's ruling in Vidya Devi Vs The State of Himachal Pradesh & Ors. serves as a powerful constitutional affirmation that the right ...
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Section 24 of the Land Acquisition Act 2013: Supreme Court Constitution Bench Settles the Law on Deemed Lapse of Acquisition Proceedings

Summary The Supreme Court's Constitution Bench in Indore Development Authority Vs Manoharlal & Ors. Etc. has authoritatively resolved a deeply contested ...
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ITAT Agra Holds That a Time-Barred Section 148 Notice Cannot Form the Basis for Section 263 Revision Proceedings

Summary The ITAT Agra ruling in Hemendra Agarwal Vs DCIT establishes an important procedural safeguard in the context of TOLA-affected ...
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Fraud Between Contracting Parties Does Not Bar Arbitration: Supreme Court Restores Full USD 60 Million Protection in Avitel vs HSBC Dispute

Summary The Supreme Court's ruling in Avitel Post Studioz Limited & Ors. vs HSBC PI Holdings (Mauritius) Limited fundamentally narrows the scope of the ...
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IBC Moratorium Shields Corporate Debtor's Income Tax Refund from Pre-CIRP Demand Adjustment: NCLT Ahmedabad

Summary The NCLT Ahmedabad's ruling in Varun Anil Chopra Vs Income Tax Department delivers a clear and unambiguous affirmation of the IBC's primacy over ...
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Section 148 Notice Mandatory After Search Under Section 132 — ITAT Mumbai Quashes Assessment Framed Under Section 143(3)

Summary The ITAT Mumbai ruling in Ashok Kumar Palresha Vs DCIT authoritatively settles the position that, for searches conducted between 01.04.2021 ...