LiveLawBiz Indirect Tax Weekly Round-Up: August 31 - September 06, 2026

SUPREME COURTSupreme Court Stays Tripura HC Ruling Allowing ITC To Buyer Despite Supplier's Failure To Deposit GSTCase Title : Union of India v. M/s Sahil Enterprises & Anr. Case Number : D No. 33460/2026 CITATION : 2026 LLBiz SC 286Today, the Supreme Court issued notice in the Union of India's challenge to a Tripura High Court judgment which allowed a purchaser to claim Input Tax Credit (ITC) despite the supplier having failed to deposit the GST collected from the purchaser with the...

LiveLawBiz Direct Tax Weekly Round-Up: August 31 - September 06, 2026

SUPREME COURTSupreme Court Refuses To Interfere With Delhi HC Ruling On GoDaddy Domain Fees Under India-US DTAACase Title : ASSISTANT/DEPUTY COMMISSIONER OF INCOME TAX VS. GODADDY.COM Case Number : 45711/2026The Supreme Court on Monday refused to interfere with the Delhi High Court order holding that payments received by GoDaddy.com LLC from Indian customers towards domain-name registration services are not chargeable to income tax in India under the India-US Double Taxation Avoidance...

CCI Closes Antitrust Inquiry Into Winzo's Complaint Against Google After Online Real Money Gaming Ban

The Competition Commission of India (CCI) on Tuesday closed its inquiry into Google following a complaint by Winzo Games Private Limited alleging abuse of dominant position in relation to the distribution and advertising of real-money gaming (RMG) applications.The Commission took note of the Promotion and Regulation of Online Gaming Act, 2025, which prohibits online money games and their distribution and advertising. It held that the reliefs sought by Winzo could no longer be granted under the...

Centre Moves Supreme Court To Transfer Anil Ambani's Black Money Act Challenge From Bombay HC To Delhi HC

The Union Government has approached the Supreme Court seeking transfer of industrialist Anil Ambani's petition pending before the Bombay High Court, challenging provisions of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 to the Delhi High Court.During today's hearing, a Bench comprising Chief Justice of India Surya Kant, Justices Joymalya Bagchi V. Mohana questioned the Centre's request to transfer the matter. “Why should we prefer one High Court...

Supreme Court Disposes SEBI-NSE Appeals After Settlement In Co-Location, P2P Connectivity Dispute

The Supreme Court has disposed of the appeals arising from the dispute between Securities and Exchange Board of India (SEBI) and National Stock Exchange Ltd (NSE) over alleged irregularities in NSE's co-location facility and Point to Point (P2P) connectivity, after the parties settled the dispute between them with NSE making the entire payment demanded by SEBI.In its August 9, 2023 order, the Securities Appellate Tribunal (SAT) held that P2P connectivity did not provide Way2Wealth (W2W) or GKN...

LiveLawBiz: Corporate Legal News Daily Round-Up: September 07, 2026

IBCNCLT Ahmedabad Admits Fettech Commercial Enterprises' Insolvency Plea Against Mercury Trade LinksNCLT Indore Rejects Colama Commercial's Intervention Plea In Satiate Agri InsolvencyPractising CA Not Ineligible To Submit Resolution Plan Merely By Profession: NCLAT DelhiExpiry Of Lease After Resolution Plan Approval Not Related To Insolvency Process: NCLT MumbaiBombay High Court Quashes Insolvency Professional's Suspension Over SCN Based On Extraneous MaterialPending Interlocutory Applications...

Delhi High Court Upholds BAI Impleadment In CCI's Grey Cement Cartel Probe, Dismisses UltraTech Appeal

The Delhi High Court has dismissed UltraTech Cement Ltd.'s appeal against the Competition Commission of India's decision to implead the Builders Association of India (BAI) in its suo motu probe into alleged cartelisation and price manipulation by grey cement manufacturers. A Division Bench comprising Chief Justice Devendra Kumar Upadhyay and Justice Tejas Karia dismissed UltraTech's appeal against the Single Judge's order upholding the CCI's decision. TheCourt held that any entity with...

Is Fraud Necessary To Initiate Stamp Duty Undervaluation Proceedings? Supreme Court Refers Issue To Larger Bench

The Supreme Court on Monday referred to a larger Bench the question of whether stamp duty authorities must have material showing fraudulent intention before questioning the value of a property under Section 47-A of the Indian Stamp Act.A Bench of Justice Dipankar Datta and Justice Sheel Nagu expressed serious doubts about the three-Judge Bench ruling in V.N. Devadoss v. Chief Revenue Control Officer-cum-Inspector of Stamps.That judgment held that the power under Section 47-A is based on “wilful...

Company Can Be Prosecuted For Criminal Offences Without Identifying Guilty Natural Person: Supreme Court

The Supreme Court on Monday held that identification of a natural person is not a prerequisite, at the threshold stage, for prosecuting a corporate entity for an offence involving mens rea.A Division Bench comprising Justices J.B. Pardiwala and Manoj Misra made the observation while dismissing an appeal filed by Sanofi India Limited against the Karnataka High Court's refusal to quash criminal proceedings arising from a CBI chargesheet.“All that is required, at this stage, is that an offence be...

Punjab & Haryana High Court Mandates CIN, DIR-12 For Cheque-Bounce Complaints Against Companies

The Punjab and Haryana High Court has recently directed that, from now on, cheque-bounce complaints against companies must carry the company's Corporate Identification Number (CIN) and a certified copy of Form DIR-12. The documents must help establish that the persons being arraigned were actually responsible for the company's affairs when the cheque was issued or dishonoured.The CIN is the company's unique identification number. The court wants it to be taken from the Ministry of Corporate...

LiveLawBiz IPR Weekly Digest: August 31 - September 06, 2026

SUPREME COURTSupreme Court Stays Swiss Company's Patent Suit Against Techfab Before Himachal Pradesh High CourtCase Title: TECHFAB INDIA INDUSTRIES LIMITED vs GEOBRUGG AGCase Number: SLP(C) 29151/2026The Supreme Court stayed further proceedings before the Himachal Pradesh High Court in a patent infringement suit filed by Swiss company Geobrugg AG against Techfab. The dispute concerns the manufacture and sale of high-tensile wire mesh products sold under the "TECCO" brand. A Bench of Justices...

LiveLaw Biz | Top 10 Corporate & Business Law Stories From Last Week

Justice Rohinton F. Nariman Calls For Direct Division Bench Appeals Against Domestic Arbitral AwardsFormer Supreme Court Judge Justice Rohinton F. Nariman on Friday called for doing away with the Single Judge stage for challenges to domestic arbitral awards and allowing parties to go directly before a High Court Division Bench, with a full appeal on both facts and law. He suggested that the Division Bench decide such appeals within one year. Justice Nariman also stressed that the arbitration...