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TBB Editor

foreign exporter customs liability ruling

Foreign Exporter Cannot Be Made Liable For Alleged Mis-Declaration By Importer; Bombay High Court Quashes Customs Penalty On Karl Mayer STOLL

Karl Mayer STOLL Textilmaschinenfabrik GmbH vs Union of India [Decided on April 15, 2026]
April 17, 2026 TBB Editor
taj trapezium environmental protection case

Supreme Court Closes MC Mehta Case; Directs Registry For New Petitions For Protection Of Green Cover & Regulation Of Industries In Taj Trapezium Zone

M.C. Mehta vs Union of India [Decided on March 11, 2026]
April 17, 2026 TBB Editor
foreign tax credit form 67 delay

Belated Filing Of Form No. 67 Will Not Preclude Taxpayer From Claiming Foreign Tax Credit; ITAT Grants FTC Benefit To Sachin Khedekar

Sachin Shrikant Khedekar vs Asst Commissioner of Income Tax [Decided on April 10, 2026]
April 17, 2026 TBB Editor
drug pricing demand notice quashed

Bombay High Court Quashes Demand Notice Against Tridoss Laboratories For Recovery Of Overcharged Amount In Respect Of Pharmaceutical Formulation

Tridoss Laboratories vs Union of India [Decided on April 15, 2026]
April 17, 2026 TBB Editor
share buyback not taxable income

Buyback of Shares Not ‘Asset Purchase’; Delhi HC Rules Out Deemed Profit Under Section 56(2)(viia)

Pr. Commissioner of Income Tax vs Globe Capital Market [Decided on April 07, 2026]
April 16, 2026 TBB Editor
NCLT

No Auction Without Proof of Sham Transactions: NCLT Restrains Liquidator in Property Dispute

Bank of Baroda vs Sanghvi Land Developers [Decided on April 07, 2026]
April 16, 2026 TBB Editor