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On the heels of the Madras High Court verdict in D Siluvai Venance v State which sought to address the regulatory void in the online and virtual gaming space, the Gujarat High Court has pursuant to its judgment in the case ...

The Department of Telecommunications (DoT) has kick-started the process of consultation with various stakeholders for formulating the New Telecom Policy (NTP) which is expected to be released by early 2018.

On 27 October 2021, the Supreme Court of India (Supreme Court) ordered the constitution of a technical committee headed by a retired judge of the Supreme Court to probe into the alleged use...

Sudip Mullick, Partner, Khaitan & Co is in charge of the Real Estate and Hospitality practice of the Firm and also specialises in construction disputes.

The COVID-19 pandemic has disrupted the justice delivery system like never before. The compulsions associated with ‘social distancing' coupled with lockdown directives have led courts and tribunals to shut their premises to the public.

Recently, the Mumbai Bench of the Income Tax Appellate Tribunal (Tribunal) delivered an interesting ruling in the case of Unnikrishnan V S v ITO [ITA Nos. 1200 and 1201/Mum/2018]

In a recent order in M/s DJ Surfactants v National e-Assessment Centre, Income Tax Department, New Delhi and Others (Writ Petition No. 4814/2021), the Hon'ble Delhi High Court has granted interim stay on the assessment order ...

The Hon'ble High Court at Bombay (High Court) in the case of Dinesh Vazirani (Taxpayer) [Writ Petition No. 2475 of 2015], has held that the consideration for sale of shares by a seller...

In October 2015, the Central Board of Direct Taxes (CBDT) initiated a pilot project on the concept of using emails to correspond with tax payers at the time of scrutiny assessments.

In a huge relief to the Birla Group, the Mumbai Bench of the Income-tax Appellate Tribunal (Tribunal) has recently set aside a capital gains addition of over INR 5,200 crores . . .

In a landmark judgement, the Supreme Court of India has quashed the circular issued by the RBI on 6 April 2018 that prohibited banks and financial institutions from dealing in, and providing services for ...

In India, cryptocurrencies have gone unregulated for a very long time. While the issues relating to taxation of cryptocurrency has been relatively easier to address...

The Hon’ble Punjab and Haryana High Court (HC) in Jyoti Sareen vs. UOI & Others (CWP No. 15791-2024 (O&M)) (Order) held the retrospective amendments carried out vide the Finance Act, 2026, with respect to the powers of the Jurisdictional Assessing Officer (JAO) to issue a reopening notice under section 148 (Reopening Notice) of the Income-tax Act, 1961 (IT Act), as unconstitutional, being violative of the ‘doctrine of separation of powers’ and thus violative of Article 14 of the Constitution of India.

On 19 October 2015, the Insurance Regulatory and Development Authority of India (IRDA) published guidelines on ‘Indian owned and controlled' (Control Guidelines).

The Petitioner, a part of an international restaurant chain, operates and franchises sandwich shops in India.

The Securities and Exchange Board of India in its meeting held on 18 August 2018, besides reviewing the total expense ratio of the mutual fund schemes and agreeing to introduce united payment interface ...

The Securities and Exchange Board of India (SEBI) has issued a circular dated 03 November 2020 (Ref: SEBI/HO/CFD/DIL1/CIR/P/2020/215) (2020 Amendment Circular), ...

The Securities and Exchange Board of India issued an order in the matter of a domestic fund which was registered with SEBI as a Category II Alternative Investment Fund based on an audit which was undertaken by it suo moto.