Canada Faces Global Financial Crime Audit After Major TD Bank Fine
Canada is facing a major international review of its efforts to stop money laundering, and the process has created concern among government...
![Writ Petition Founded on Misrepresentation and Suppression: Calcutta HC Upholds WBIDC’s Transfer Fee Demand and Dismisses Appeal [Read Order]](https://images.taxscan.in/h-upload/2025/12/12/250x150_2111750-writ-petition-founded-misrepresentation-suppression-calcutta-hc-upholds-wbidcs-transfer-fee-demand-dismisses-appeal.webp "Writ Petition Founded on Misrepresentation and Suppression: Calcutta HC Upholds WBIDC’s Transfer Fee Demand and Dismisses Appeal [Read Order]")
![Pre- Existing Dispute Defence Mere Moonshine: Supreme Court Restores CIRP Admission Against Engineering Company [Read Order]](https://images.taxscan.in/h-upload/2025/12/16/250x150_2112636-supreme-court-restores-cirp-admission-against-engineering-company-taxscan.webp "Pre- Existing Dispute Defence Mere Moonshine: Supreme Court Restores CIRP Admission Against Engineering Company [Read Order]")
![Foreign Exchange Fluctuation Linked to International Transactions is Operating in Nature: Delhi HC Reaffirms [Read Order]](https://images.taxscan.in/h-upload/2025/12/18/250x150_2113040-delhi-hc-foreign-exchange-fluctuation-international-transactions-taxscan.webp "Foreign Exchange Fluctuation Linked to International Transactions is Operating in Nature: Delhi HC Reaffirms [Read Order]")
Centre Extends Applicability of Customs Laws to Offshore Mineral Activities in India’s Continental Shelf and EEZ
The Ministry of External Affairs has issued Notification No. G.S.R. 902(E), dated 16 December 2025, extending the applicability of the Customs Act, 1962 and the Customs Tariff Act, 1975 to offshore...
‘Clear Dereliction of Duty’: Bombay HC Imposes ₹25k Costs on Customs for Failing to Pass Speaking Order even after Payment of Duty ‘Under Protest’ [Read Order]
The Bombay High Court has criticised the Customs Department for a “clear dereliction of statutory duty”, imposing ₹25,000 costs for its failure to pass a speaking order under Section 17(5) of the...
![‘Clear Dereliction of Duty’: Bombay HC Imposes ₹25k Costs on Customs for Failing to Pass Speaking Order even after Payment of Duty ‘Under Protest’ [Read Order]](https://images.taxscan.in/h-upload/2025/12/18/500x300_2112958-bombay-hc-speaking-order-customs-case-dereliction-of-duty-costs-on-customs-customs-duty-under-protest-taxscan.webp "‘Clear Dereliction of Duty’: Bombay HC Imposes ₹25k Costs on Customs for Failing to Pass Speaking Order even after Payment of Duty ‘Under Protest’ [Read Order]")
SEBI Amends LODR Regulations to Standardise Terminology for Registrars and Share Transfer Agents [Read Notification]
The Securities and Exchange Board of India (SEBI) issued a notification dated December 15, 2025, announcing amendments to the SEBI (Listing Obligations and Disclosure Requirements) Regulations,...
![SEBI Amends LODR Regulations to Standardise Terminology for Registrars and Share Transfer Agents [Read Notification]](https://images.taxscan.in/h-upload/2025/12/18/500x300_2112967-sebi-amends-lodr-regulations-taxscan.jfif "SEBI Amends LODR Regulations to Standardise Terminology for Registrars and Share Transfer Agents [Read Notification]")
Death of Accountant Held Sufficient Cause for Delay: Delhi HC Allows Belated Filing, Subject to SC Ruling on Section 168A Extensions [Read Order]
The Delhi High Court allowed a belated statutory appeal against a Goods and Services Tax (GST) adjudication order after accepting that the delay, while making it clear that the relief granted would...
![Death of Accountant Held Sufficient Cause for Delay: Delhi HC Allows Belated Filing, Subject to SC Ruling on Section 168A Extensions [Read Order]](https://images.taxscan.in/h-upload/2025/12/18/500x300_2112989-gst-return-delhi-hc-taxscan.jfif "Death of Accountant Held Sufficient Cause for Delay: Delhi HC Allows Belated Filing, Subject to SC Ruling on Section 168A Extensions [Read Order]")
Loan Sanction on Same Day Not Illegal: Chhattisgarh HC Acquits Banker, Quashes CBI Conviction in Decades Old Loan Fraud Case [Read Order]
The Chhattisgarh High Court has held that sanctioning a bank loan on the same day as the submission of the application does not, by itself, constitute any illegality or criminal misconduct, and has...
![Loan Sanction on Same Day Not Illegal: Chhattisgarh HC Acquits Banker, Quashes CBI Conviction in Decades Old Loan Fraud Case [Read Order]](https://images.taxscan.in/h-upload/2025/12/18/500x300_2113001-quashes-cbi-conviction-decades-old-loan-fraud-case-taxscan.webp "Loan Sanction on Same Day Not Illegal: Chhattisgarh HC Acquits Banker, Quashes CBI Conviction in Decades Old Loan Fraud Case [Read Order]")
Making Passenger approach Court for 21g Gold Ring Unreasonable: Delhi HC Slams ‘Waste of Customs Resources’, Imposes ₹5k Costs on Dept [Read Order]
The Delhi High Court condemned the Customs Department harshly for forcing a traveler to come to the court to request the release of a 21-gram gold band, calling the entire incident an unjustified...
![Making Passenger approach Court for 21g Gold Ring Unreasonable: Delhi HC Slams ‘Waste of Customs Resources’, Imposes ₹5k Costs on Dept [Read Order]](https://images.taxscan.in/h-upload/2025/12/18/500x300_2112951-delhi-hc-gold-ring-taxscan.jfif "Making Passenger approach Court for 21g Gold Ring Unreasonable: Delhi HC Slams ‘Waste of Customs Resources’, Imposes ₹5k Costs on Dept [Read Order]")