INSIGHTS

L&S INSIGHTS
The ‘Interest’ing conundrum – Navigating taxation of interest earned from idle project funds17 March 2025
NEWS
`10 March 2025
The Madras High Court has held that the particular High Court referred to in Sections 47 and 57 of the Trade Marks Act, 1999 (relating to rectification of a trademark) is the High Court exercising appellate jurisdiction over the Registrar of Trade Marks, who made the entry, rectification of which is being sought.
NEWS
03 March 2025
The Supreme Court has on 27 February pronounced a detailed judgement on the powers of arrest under the Customs Act, 1962 and under the GST laws. Certain important points as stated by the Apex Court, including certain pre-conditions and safeguards to protect the life and liberty of the arrestees, are highlighted below.
NEWS
24 February 2025
The Delhi High Court has held that the act of unlocking/activating mobile phones after they were manufactured would not disentitle the merchant-exporter from claiming duty drawback on subsequent export of the said mobile phones under Section 75 of the Customs Act, 1962 read with the Customs and Central Excise Duties Drawback Rules, 2017. The exporter-petitioner was represented by Lakshmikumaran & Sridharan Attorneys here.