Rule 86A ITC Blocking After the K-9 Enterprises line of cases, GST authorities cannot mechanically block Input Tax Credit under Rule 86A of the CGST Rules. Rule 86A is a drastic preventive power and must be exercised only after the proper officer forms independent “reasons to believe” on the basis of relevant material. Courts have...
Read More
Disability pension for Armed Forces personnel is payable where a disability is attributable to or aggravated by military service and satisfies the applicable pensionary rules. In many cases, if no disease or disability was noted at the time of enrolment/commissioning, and the disability arose during service, courts have applied a presumption in favour of the...
Read More
A GPA property in Malviya Nagar or South Delhi should not be treated as full ownership merely because the seller holds a General Power of Attorney, Agreement to Sell, Will, receipt or possession letter. The Supreme Court has repeatedly held that immovable property is legally transferred only through a registered conveyance/sale deed, and that GPA/Agreement...
Read More
Introduction: A Historical Perspective of Quantum Computing With an average life expectancy of only 30 years for the majority of human existence, poverty and illness have been the norm throughout human history. But a revolutionary scientific finding three hundred years ago fundamentally altered civilization. The Industrial Revolution, which produced cars, railroads, and mechanized factories, was...
Read More
In Union of India through its Secretary v. Sgt Girish Kumar and Others, 2026 INSC 149, decided on 12 February 2026, the Supreme Court held that arrears arising from broad-banding of disability pension cannot be restricted to only three years before filing an Original Application before the Armed Forces Tribunal. The Court held that disability...
Read More
Employment law compliance in India requires employers to maintain lawful employment documentation, issue appointment letters, pay wages within statutory timelines, comply with minimum wage and overtime rules, maintain payroll and attendance records, follow PF/ESI/gratuity obligations where applicable, implement POSH compliance, regulate working conditions, protect employee data, and follow lawful procedures for termination, resignation and full-and-final...
Read More
A company compliance calendar in India is a structured yearly, quarterly and monthly tracker of statutory obligations applicable to a company. For a private limited company or startup, it generally covers ROC filings, board meetings, annual general meeting, financial statements, annual return, GST returns, TDS, PF, ESI, labour records, POSH compliance, data protection review, contract...
Read More
A term sheet in India is a preliminary transaction document that records the principal commercial and legal terms of a proposed investment, acquisition, merger, joint venture, loan or strategic transaction. It may be wholly non-binding, partly binding, or binding, depending on its language. Commercial terms such as valuation and proposed investment are usually made non-binding,...
Read More
Business contracts in India are legally enforceable when they satisfy the requirements of the Indian Contract Act, 1872: free consent, competent parties, lawful consideration, lawful object and absence of any legal declaration making the agreement void. A strong business contract should clearly define scope of work, payment terms, delivery obligations, warranties, indemnity, limitation of liability,...
Read More
Director liability in India arises when a company director breaches statutory duties, participates in default, fails to exercise due diligence, authorises unlawful transactions, makes false statements, commits fraud, or is treated as an “officer who is in default” under the Companies Act, 2013. However, a director is not automatically criminally liable merely because he holds...
Read More