Crypto CARF-MA: What Goes Around, Gets Reported? By bringing VDA under the ambit of tax enforcement and regulations, the government is not only acknowledging the growing significance of crypto but also reinforcing its commitment to transparency and accountability in financial transactions India’s cryptocurrency landscape has witnessed a remarkable evolution over the past few years, transitioning
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Re-Assessing India’s Labour Standards: The Battle Over Extended Work Hours
Re-Assessing India’s Labour Standards: The Battle Over Extended Work Hours Demands for extended work hours beyond the set limits, without addressing the implications on an employee and the beneficial aspect of the legislation fundamentally contradict the foundational principles of the Indian Labour legislation and undermine employee welfare In recent months, the Indian Labour landscape has
... Continue Reading.Leading DNLU to National Prominence: Prof. (Dr.) Manoj Kumar Sinha on Law Schools, International Law, and Digital Learning
Prof. (Dr.) Manoj Kumar Sinha is the Vice-Chancellor of Dharmashastra National Law University (DNLU), Jabalpur. Previously, he served as Director of the Indian Law Institute. He holds a Doctorate in International Law from Jawaharlal Nehru University, an LL.M. from the University of Nottingham, and an LL.B. from the University of Delhi. His expertise spans Human
... Continue Reading.Set-Off and Carry Forward of Losses under the Income Tax Act, 1961
In a progressive taxation system, income is not always steady. Businesses may incur losses in some years and make profits in others. The Income Tax Act, 1961 acknowledges this economic reality by allowing taxpayers to set off losses against income and carry them forward to future assessment years. This provision is a significant relief for
... Continue Reading.Khaitan & Co Advised Standard Chartered Bank on financial assistance to Solarcraft Power India 5 Private Limited
Khaitan & Co advised Standard Chartered Bank on financial assistance to Solarcraft Power India 5 Private Limited Khaitan & Co advised Standard Chartered Bank in relation to the financial assistance of up to INR 425 crores extended to Solarcraft Power India 5 Private Limited (“Borrower”) for the development of a 100 MW AC / 135
... Continue Reading.Termination Without Hearing Violates Natural Justice: All HC
There can be definitely just no gainsaying that in the fitness of things, the Allahabad High Court in a most learned, laudable, landmark, logical and latest judgment titled Jayant Kumar Singh vs State of UP & Ors in Writ-A No. -4208 0f 2025 and cited in Neutral Citation No.
... Continue Reading.Khaitan & Co Advised HDFC Bank Limited On Financial Assistance To Nangalbibra-Bongaigaon Transmission Limited
Khaitan & Co advised HDFC Bank Limited on financial assistance to Nangalbibra-Bongaigaon Transmission Limited Khaitan & Co advised HDFC Bank Limited in relation to financial assistance of up to INR 520 crores extended to Nangalbibra-Bongaigaon Transmission Limited for the purpose of, inter alia, refinancing existing project lenders and supporting the operation and maintenance of power
... Continue Reading.Prisoners Are Not Chattels: Delhi HC
It cannot be over-emphasized that prisoners also have basic legal rights which cannot be trampled upon with impunity by jail authorities or anyone else! In this context, it would certainly be in the fitness of things to
... Continue Reading.Karnataka HC Issues Guidelines To Check And Prevent Unauthorized Use Of National Flag, Emblems And Symbols
It is definitely most commendable and in the fitness of things that the Karnataka High Court at Bengaluru in a most learned, laudable, landmark, logical and latest judgment titled High Court Legal
... Continue Reading.‘Prior’ CCI Approval Of Resolution Plans: A Case For Legislative Amendment
‘Prior’ CCI Approval Of Resolution Plans: A Case For Legislative Amendment INTRODUCTION The Supreme Court’s recent judgement in Independent Sugar Corporation Ltd. v. Girish Sriram Juneja & Ors.1 has reignited the debate in respect of the timing for Competition Commission of India (“CCI”) approval for resolution plans under the Insolvency and Bankruptcy Code, 2016 (“IBC”).
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