LiveLawBiz: Business Law Daily Round-Up: December 16, 2025

LIVELAW NEWS NETWORK

17 Dec 2025 10:53 AM IST

  • LiveLawBiz: Business Law Daily Round-Up: December 16, 2025

    TAX

    Centre Projects ₹47,700 Crore Revenue Loss Amid GST Rate-Rationalisation

    Customs Act | Penalty U/S 112 Cannot be Imposed Solely On Co-Accused's Statement Without Corroborative Evidence: CESTAT Kolkata

    Delhi High Court Directs To Re-Assess Bills Of Entry, Allows Infra Cess Exemption On E-Golf Carts Owing To Technical Glitch

    Delhi High Court Upholds GST Adjudication Despite SCN Being Signed By One Officer & Reflected On Portal Under Another Officer's Name

    Income Tax | ITAT Mumbai Allows Section 80P Deduction On Interest Earned From Co-operative Banks

    Income Tax Act | Upkeep & Maintenance Expenses For Rubber Replantation Are Revenue Expenditure, Deductible U/S 37: Kerala High Court

    Bona Fide Errors In GSTR-3B Can Be Corrected; Karnataka High Court Directs Department To Accept Revised Returns

    Sending Imported Goods To Job Worker For Manufacture Does Not Defeat Exemption Benefit: CESTAT Chennai Grants Relief To Godrej

    Customs | Refund Cannot Be Rejected Merely For Not Filing Chartered Accountant Certificate In Prescribed Format: CESTAT

    Manpower-Based Municipal Services For Ganges Ghat Special Cleanliness Drive Exempt From GST: West Bengal AAR

    Homeopathic Medicines Having Single, Two Or More Constituents Attract 5% GST Post Rate-Revision: West Bengal AAR

    CGST Act | Once Returns Are Filed Within Time Period U/S 16(5), Limitation U/S 16(4) Loses Significance: Kerala High Court Allows ITC Claim

    Cryptic Show Cause Notice Without Factual Details Invalidates GST Registration Cancellation: Gauhati High Court

    Clause 8 Of Assam GST Reimbursement Scheme Prima Facie Ultra Vires: Gauhati High Court Stays SCN Against Patanjali Foods

    Customs | Alleged Export Through Non-Specified Routes Must Be Proved; Presumption Insufficient To Uphold Seizure: CESTAT Kolkata

    Income Tax Act | Sikkim High Court Allows S.80P(2)(d) Deduction On Interest Earned From Co-operative Banks By Non-Bank Co-operative Society

    IPR

    Bombay High Court Orders Removal Of 'VISTARRAAH' Trademark Over Similarity To Air India's Vistara Airline

    Delhi High Court Temporarily Bars Sale Of FOXTEEL Hair Products Over Similarity With Bare Anatomy Trade Dress

    Centre Proposes Mandatory Blanket Licence for AI Training on Copyrighted Works, Royalties for Creators

    Bombay High Court Temporarily Restrains Kataria Insurance Brokers From Using 'KATARIA' Trademark

    Delhi High Court Imposes ₹20 Lakh Costs On Instant Bollywood Founder In Trademark Dispute

    Arbitration

    Extra Profit Received By Broker Due To Technical Glitch Not Unjust Enrichment: Bombay High Court Upholds Award In Favour Of Kotak Securities

    IBC

    Civil Court Cannot Grant Injunctions In NCLT Matters, High Court Can Set Them Aside: Kerala High Court

    Personal Guarantor Who Participated In NCLT Proceedings Can Appeal Insolvency Admission: NCLAT

    Homebuyers Can Invoke IBC Against Developer Despite Pending RERA Case Over Project Delay: NCLT Kochi

    NCLT Mumbai Clears Capital Reduction of Company Behind Tax Sutra

    NCLT Mumbai Approves Ashdan Properties' Rs 900 Crore Plan To Revive Rolta India

    IBC | All Property, Including Alleged Benami Assets, Shielded From Action Over Pre-Resolution Offences: Madras High Court

    Not Your Panel, Not Your Pick: NCLAT Draws A Clear Line On Liquidator Appointments

    Oppression Claims Against Majority Shareholders Not Ground To Wind Up Company: NCLT Mumbai

    Breach of Settlement Terms No Ground To Recall Order Disposing Of Insolvency Proceedings: NCLAT

    RERA

    UP REAT Orders Probe Into Planning Norm Violations By Greater Noida Authority In Godrej Golf Links Project

    CONSUMER

    Consumer Forum Holds Indian Oil–Adani Gas Guilty of Unfair Trade Practice Over Retrospective Billing

    District Commission Cannot Accept Written Version Beyond Statutory Period Of 45 Days: Tamil Nadu State Commission

    OTHER STORIES

    Once Loss Is Caused By Fire, Cause Of Fire Becomes Immaterial, Supreme Court Allows Insurance Claim

    No Move Yet On Another ₹140-Crore Rights Issue: Aakash Tells NCLAT Amid Dispute With Byju's

    NCLT Mumbai Sanctions Vedanta Demerger Plan

    Accused Cannot Demand Company and Bank Records During Investigation To Answer Queries: Delhi High Court

    Next Story