Kavi Priya
Content writer at Taxscan with a passion for clear, engaging legal content. I simplify tax and law topics while sharpening my research and communication skills.
![Specific Role of Director Need Not Be Detailed in Cheque Dishonour Complaint: Supreme Court Clarifies Vicarious Liability u/s 141 of NI Act [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2025/05/Supreme-Court-Section-141-NI-Act-TAXSCAN-2.jpg "Specific Role of Director Need Not Be Detailed in Cheque Dishonour Complaint: Supreme Court Clarifies Vicarious Liability u/s 141 of NI Act [Read Judgement]")
Specific Role of Director Need Not Be Detailed in Cheque Dishonour Complaint: Supreme Court Clarifies Vicarious Liability u/s 141 of NI Act [Read Judgement]
In a recent judgment, the Supreme Court of India held that a cheque dishonour complaint under Section 138 read with Section 141 of the Negotiable...
![Delhi HC Stays ₹10.35 Cr GST Demand on CCI Over Taxability of Non-Business Activities [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/gst-demand-site-img-1.jpg "Delhi HC Stays ₹10.35 Cr GST Demand on CCI Over Taxability of Non-Business Activities [Read Order]")
RBI Issues Guidelines on FIRMS Portal Reporting for Issuance of Partly Paid Units by Investment Vehicles [Read Circular]
The Reserve Bank of India (RBI), through its notification dated May 23, 2025 (A.P. (DIR Series) Circular No. 06), issued important guidelines for reporting the issuance of partly paid units by...
![RBI Issues Guidelines on FIRMS Portal Reporting for Issuance of Partly Paid Units by Investment Vehicles [Read Circular]](https://www.taxscan.in/wp-content/uploads/2025/05/Reserve-Bank-India-Taxscan.jpg "RBI Issues Guidelines on FIRMS Portal Reporting for Issuance of Partly Paid Units by Investment Vehicles [Read Circular]")
SEBI Mandates Inclusive Digital KYC for Persons with Disabilities Following Supreme Court Directive [Read Circular]
The Securities and Exchange Board of India ( SEBI ) issued a circular on May 23, 2025, explaining the need for accessibility in digital Know Your Customer ( KYC ) processes for persons with...
![SEBI Mandates Inclusive Digital KYC for Persons with Disabilities Following Supreme Court Directive [Read Circular]](https://www.taxscan.in/wp-content/uploads/2025/05/SEBI-Digital-KYC-Supreme-Court-Directive-taxscan.jpg "SEBI Mandates Inclusive Digital KYC for Persons with Disabilities Following Supreme Court Directive [Read Circular]")
Karnataka HC Rules Export Services Not Intermediary as Rendered Independently Without Third-Party Facilitation [Read Order]
In a recent ruling, the Karnataka High Court quashed two show cause notices issued to Waters India Pvt. Ltd., holding that the services rendered to its foreign affiliate, Waters Ges.m.b.H. (Austria),...
![Karnataka HC Rules Export Services Not Intermediary as Rendered Independently Without Third-Party Facilitation [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Service-Utilized-company-Situated-Outside-India-Export-Service-Export-Service-Rule-CESTAT-TAXSCAN.jpg "Karnataka HC Rules Export Services Not Intermediary as Rendered Independently Without Third-Party Facilitation [Read Order]")
Karnataka HC Grants IGST Refund to Columbia Sportswear, Clarifies Intermediary vs. Principal-to-Principal Distinction [Read Order]
In a recent ruling, the Karnataka High Court directed the Revenue Department to refund the Integrated Goods and Services Tax (IGST) along with applicable interest to Columbia Sportswear India...
![Karnataka HC Grants IGST Refund to Columbia Sportswear, Clarifies Intermediary vs. Principal-to-Principal Distinction [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/refund-Service-Tax-Address-Mismatch-taxscan.jpg "Karnataka HC Grants IGST Refund to Columbia Sportswear, Clarifies Intermediary vs. Principal-to-Principal Distinction [Read Order]")
Trial Court Becomes Functus Officio After Final Decision, Cannot Start New Proceedings: Delhi HC in L’Oréal Fake Goods Case [Read Order]
In a recent judgment, the Delhi High Court ruled that a trial court becomes functus officio once a case is finally decided, so it cannot initiate fresh or miscellaneous proceedings on the same...
![Trial Court Becomes Functus Officio After Final Decision, Cannot Start New Proceedings: Delhi HC in L’Oréal Fake Goods Case [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/loreal.jpg "Trial Court Becomes Functus Officio After Final Decision, Cannot Start New Proceedings: Delhi HC in L’Oréal Fake Goods Case [Read Order]")
Importer Brought Restricted Insecticides Unknowingly: CESTAT Allows Re-Export Citing Goods Not Prohibited [Read Order]
The Allahabad Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) ruled that re-export of mistakenly imported restricted insecticides is permissible when the import was a bona...
![Importer Brought Restricted Insecticides Unknowingly: CESTAT Allows Re-Export Citing Goods Not Prohibited [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Importer-Brought-Restricted-Brought-Restricted-Brought-Restricted-Insecticides-taxscan.jpg "Importer Brought Restricted Insecticides Unknowingly: CESTAT Allows Re-Export Citing Goods Not Prohibited [Read Order]")