News Updates
No Service Tax Can Be Determined Without Clarifying The Category Of Service Under Which The Said Amount Can Be Attributed: CESTAT
The New Delhi Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has stated that no service tax can be determined without clarifying the category of service under which the said amount can be attributed. Under Section 78 of the Finance Act, 1994, if service tax has not been levied, paid, short-levied, short-paid, or erroneously refunded due to fraud,...
No Evidence Of Over-Valuation Of Goods; Transaction Value Wrongly Rejected Under Rule 8 of Customs Valuation Rules: CESTAT
The New Delhi Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has stated that there is no evidence of over-valuation of Goods and the transaction value has been wrongly rejected under Rule 8 of Customs Valuation Rules. Section 113 of the Customs Act, 1952 provides the list of goods that are liable to be confiscation if they are attempted to...
Delhi Riots UAPA Case: Arguments On Charge Commences As Police Says Investigation Complete Qua All Accused
Arguments in the 2020 Delhi riots larger conspiracy case have commenced from today as the Delhi Police has informed Delhi Court that investigation qua all the accused persons is complete.Additional Sessions Judge Sameer Bajpai of Karkardooma Courts noted that the prosecution has disclosed that the investigation is complete qua all accused persons and the matter is ripe for hearing arguments...
Kerala High Court Acting Chief Justice A Muhamed Mustaque Completes 50K Case Disposals In His Judicial Career
The Kerala High Court Acting Chief Justice A Muhamed Mustaque completed 50,000 case disposals in his judicial career.Justice Mustaque was elevated as a judge of the Kerala High Court on January 23, 2014. He was appointed as the Acting Chief Justice of the Kerala High Court with effect from July 05, 2024. Justice Mustaque enrolled as an advocate in the year 1989 and started his practice in...
Interest Claims Must Be Based On Contractual Agreement, Not Just Invoice Terms: NCLT Kolkata
The NCLT Kolkata Divison Bench, comprising Bidisha Banerjee, Member (Judicial) and D. Arvind, Member (Technical) has held that interest cannot be clubbed along with the debt in the absence of an agreement or clause in the purchase order. The Tribunal further observed that TDS deduction on the interest payable is not an acknowledgement of liability. Brief Facts: Sudarshan Paper...
West Bengal Govt Passes 'Anti-Rape Bill' In State Assembly, Proposes Time-Bound Trial & Death Penalty For Those Guilty Of Rape
The West Bengal government has passed an anti-rape amendment bill titled 'Aparajita Woman and Child (West Bengal Criminal Laws Amendment) Bill, 2024', seeking to amend the punishment for sexual crimes such as rape and to impose time-bound limits for the conclusion of investigation and trial in rape cases. The bill is set to come into effect from 5th September, 2024.The Bill proposes "to create...
NALSAR University Of Law Achieves 100% Placements For 2024 Batch In Top Tier Law Firms, Corporate Houses And Govt Orgs
The Recruitment Coordination Committee (RCC) of NALSAR University of Law, Hyderabad has announced the successful conclusion of the recruitment season for the Batch of 2024, achieving a 100% placement rate. This university secured placements for its students across various prestigious domestic and international organisations.In the Batch of 2024, out of the 119 students, 86 opted for the...
SEBI Proposes Mandatory ASBA-Like Trading Facility For Qualified Stock Brokers Leveraging UPI Block Mechanism In Secondary Markets
The Securities and Exchange Board of India (SEBI) has proposed that all qualified stock brokers (QSBs) should be mandated to offer a trading facility similar to the Application Supported by Blocked Amount (ASBA) system currently used in the primary market. This facility would leverage the Unified Payments Interface (UPI) block mechanism which has been in use for retail...
Section 12A Application Not Permitted During Liquidation Period: NCLAT Principal Bench
The National Company Law Appellate Tribunal Principal Bench, New Delhi of Justice Ashok Bhushan (Chairperson), Barun Mitra (Technicial Member) and Arun Baroka (Technicial Member) has held that an application under Section 12A of the IBC is not permitted during the liquidation period. Section 12A allows for the withdrawal of an insolvency application with the approval of ninety percent...
NIA Act | Appeal From Sessions Court Also Lies Before Division Bench: Uttarakhand HC Dismisses Haldwani Violence Accused Abdul Malik's Bail Plea
The Uttarakhand High Court on Monday dismissed the bail application of Abdul Malik, main accused in the Haldwani Violence case.Dismissing the bail application on the ground of maintainability, the bench comprising Justice Ravindra Maithani observed that an appeal against the order of the Sessions Court (being empowered to act as a 'Special Court') refusing to grant bail could only be...
Delhi Court Criticizes ED For “Arbitrary” Arrest, Asks ED Director If There Is Any SOP To Regulate & Monitor Arrests
While hearing a bail application under the Prevention of Money-Laundering Act, 2002, a Delhi Court has deprecated the 'arbitrary' approach of the Enforcement Directorate (ED) in arresting an individual.Noting that the investigation cannot be conducted on 'subjective interpretation' of the Investigation Officer, Judge Dheeraj Mor stated that “The hallmark of investigation is its...
Law Isn't Just A Profession But A Service To Society; Be Compassionate & Empathetic In Your Dealings: Chhattisgarh HC CJ To Law Students
While addressing law students across the state on August 31, 2024, Chhattisgarh High Court Chief Justice Ramesh Sinha said that law students should never forget that law is not just a profession but a service to society, and they should always strive to uphold justice, equality, and fairness. He also added that law students should be compassionate, empathetic, and honest in their...