HC: Transit rent not income, can’t be taxed
In a landmark decision, Bombay HC has held that transit rent, which is paid by a developer to a flat
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Legal Corner
Govt appoints 2 to securities appellate tribunal
The Centre appointed retired justice PS Dinesh Kumar as the presiding officer of the Securities Appellate Tribunal for four years.
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Pass reasoned orders for declaring wilful defaulter
The Bombay High Court has said banks and financial institutions should pass reasoned orders before declaring an entity or person
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SC solves stamp duty puzzle in arbitration
In a recent seven Judge Bench decision, the Supreme Court crystallised the legal position pertaining to a pressing issue which
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Depositors can claim unclaimed amount refund from DEA Fund
Customers or depositors can claim a refund of their unclaimed amounts from their banks. After paying the depositor with interest,
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HC: Can’t act against govt official for private WA message
Madhya Pradesh HC has held that disciplinary action cannot be taken against an employee for uploading posts in a private
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HC: Co-promoter also liable to pay refund in flat delayed
Bombay HC has held that the term ‘promoter’ covers a co-promoter even if he hasn’t got money from flat buyers
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DTAA can’t be enforced unless notified under Income Tax Act: SC
A Double Taxation Avoidance Agreement (DTAA) cannot take effect unless it is published under the Income Tax Act, the Supreme
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Travel agents instructed to settle Covid reimbursements by November
The civil aviation ministry has been urged by the consumer affairs department to investigate the practice of some airlines charging
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SC requests that HCs form a bench to oversee criminal proceedings of legislators.
In a landmark decision, the Supreme Court ordered all high courts (HC) to form a special bench and file a
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