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Delhi High Court quashes repeated suspension of defence supplier — “Indefinite suspension without pending investigation is arbitrary and worse than blacklisting” while restoring business dealings

Court’s decision The Delhi High Court allowed a writ petition filed by an engineering equipment supplier against the Ministry of Defence, setting aside an order that extended the suspension of…

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Rawlaw December 19, 2025

Posted inNews

Bombay High Court Rules on Commencement of Business and Set-off of Interest Expenditure — “Once Borrowed Funds Are Used for Business, Interest Paid Must Be Adjusted Against Interest Earned”

Court’s Decision The Bombay High Court allowed the appeal filed by the assessee-company and set aside the Income Tax Appellate Tribunal’s (ITAT) order which had denied the adjustment of interest…

Posted by

Rawlaw August 25, 2025

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