News Updates
Track Your Taxes And TDS Just On A Click: Income Tax Department Launches AIS Application
The Income Tax Department has launched a Mobile app for Taxpayers to view Annual Information Statements (AIS).AIS App is a free mobile application, provided by the Income Tax Department, Government of India. The app is meant to provide a comprehensive view of the Annual Information Statement (AIS), which is a collection of various information pertaining to a taxpayer. Taxpayers can...
Service Tax Not Payable On The Service Charges For Prepayment Of Loan Amount By The Customer: CESTAT
The Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that service charges for pre-payment or foreclosure of loan amounts by the customer cannot be treated as taxable services and are not chargeable to service tax.The two-member bench headed by Justice Dilip Gupta (President) and Hemambika R. Priya (Technical Member) has observed that foreclosure...
NCLT Ahmedabad & Indore Benches Re-Constituted W.E.F 20th March 2023, Matters To Be Heard Through VC
The National Company Law Tribunal, Ahmedabad and Indore Benches, have been re-constituted vide a Circular dated 15.03.2023 issued by NCLT. Shri M.B. Gosavi (Judicial Member) is demitting office on 18.03.2023 on completion of his tenure. Therefore, the NCLT Ahmedabad and NCLT Indore Bench are being re-constituted. The re-constituted Benches shall comprise of: NCLT...
CBI Court Acquits Two Accused In 1989 Nusli Wadia Murder Attempt Case
A Special CBI court on Monday acquitted two accused in the 1989 case of a conspiracy to murder industrialist Nusli Wadia, chairman of the Wadia Group. Special Judge SP Naik Nimbalkar acquitted Ivan Sequeira and Ramesh Jagothia, who were allegedly assigned the task of firing at Wadia at the behest of Kirti Ambani - a senior executive at Reliance Industries Limited (RIL).The case against...
Supreme Court Disposes Plea Of Film Makers Against Case Over Poster With Deity's Picture On Sanitary Pad
The Supreme Court recently disposed of a writ petition filed by the makers of the film "Masoom Sawal" seeking clubbing of the complaints filed over its poster which showed a deity on a sanitary pad.Nakshatra 27 Media Pvt Ltd, Ranjana Upadhyay and Santhosh Upadhyay, the producers and the directors of the movie respectively, had approached the Court stating that multiple complaints have been...
Delhi High Court Sentences Lawyer To 6 Months Jail For Contempt Of Court, Seeks Action Taken Report From Bar Council
The Delhi High Court on Thursday sentenced a lawyer to six months of simple imprisonment after finding him guilty of contempt of court for not complying with the judicial orders directing him to pay the use and occupation charges to the landlord in respect of a property situated in Kingsway Camp area.Observing that it is a fit case where any leniency shown by the court will be misunderstood...
Delhi High Court Issues Notice On Penguin’s Plea Against Injunction Order On Book About Rana Kapoor
The Delhi High Court on Thursday issued notice on a plea moved by publishing company Penguin Random House against a trial court order restraining it from selling and distributing a book on former Yes Bank CEO Rana Kapoor, titled “The Banker Who Crushed His Diamonds: The YES Bank Story.”Justice Manoj Kumar Ohri sought Rana’s response and directed that the trial court record be...
Police Officer Is Gazetted Officer For Search Of A Person U/S 50 NDPS Act Unless He Is Part Of Investigating Team: Kerala High Court
The Kerala High Court recently held that any police officer being a gazetted officer would be competent to conduct a search under Section 50 (conditions under which search of persons shall be conducted) of the Narcotic Drugs and Psychotropic Substances Act, 1985. The only exception to this would be a police officer part of the detecting or investigating team, as such an officer could not...
Delhi High Court Junks Supertech Homebuyers’ Pleas For Stopping Banks From Charging EMIs From Them, Says Avail Alternative Remedies
The Delhi High Court has dismissed Supertech Urban Home Buyers Association (SUHA) Foundation and other home buyer’s petitions seeking directions for financial institutions to not charge the pre-EMIs or full EMIs from them till delivery of possession of flats by the real estate developer Supertech Limited.Justice Purushaindra Kumar Kaurav said there are various agreements -...
'False FIRs Becoming A Trend': Punjab & Haryana High Court Imposes ₹1 Lakh Cost On Complainant
In a recent judgment, the Punjab and Haryana High Court noted how it has become a common practice to abuse the legal system by filing fictitious FIRs in order to please one's ego, which ultimately results in the wastage of the taxpayer funds because of the false FIR filed by the complainant. It ordered the complainant, who first slapped the petitioner in full public place, then just to...
State Govt Has No Power To Appoint Or Reappoint Vice-Chancellors Of State Universities: Calcutta High Court Quashes 29 Appointments
In a significant order, the Calcutta High Court has ruled that the State has no authority to appoint, re-appoint, or extend the tenures of Vice Chancellors of the universities in the state of West Bengal.It has further held that the appointment of Vice-Chancellors should be strictly in accordance with the provisions of law. The division bench comprising of Chief Justice Prakash Shrivastava...
[Twitter vs Centre] Failure To Give Notice To Account Holder Won't Vitiate Blocking Orders, Sovereignty At Stake: ASG Argues In Karnataka High Court
The Union of India on Thursday told the Karnataka High Court that Twitter is not entitled to any relief in the case filed by it challenging the account blocking orders passed by the Centre.Additional Solicitor General R Sankarnarayanan appearing for the government submitted, “They are not entitled to protection under Article 19, as it is a foreign body corporate and foreign entity....