December 12, 2022News SC upholds validity of Employees Pension (Amendment) Scheme of 2014, quashes Rs 15,000 salary limit. The Supreme Court on Friday upheld the validity of the Employees Pension […] Read more
December 12, 2022December 12, 2022News SARFAESI Act | Bank Can Auction Property With Encumbrances But Bidders Must Be Informed, ‘As Is Where Is’ Clause Not Sufficient: JKL High Court The Jammu and Kashmir and Ladakh High Court recently ruled that a […] Read more
December 6, 2022December 6, 2022News Additional Evidence Cannot Be Admitted Without Calling For AO’s Remand Report: ITAT The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) has held […] Read more
December 3, 2022December 3, 2022News Limitation Period U/Section 11B Central Excise Act Applicable To Claims For Rebate of Duty U/Rule 18 Central Excise Rules: Supreme Court The Supreme Court held that while making claim for rebate of duty […] Read more
November 28, 2022November 28, 2022News Section 45(4) Of Income Tax Act Applicable To Cases Of Subsisting Partners Of A Partnership Transferring The Assets In Favour Of A Retiring Partner: Supreme Court A Supreme Court bench comprising Justices M.R. Shah and M.M. Sundresh held […] Read more
November 23, 2022News Provident Fund Dues Are Not Assets Of Corporate Debtor, They Have To Be Paid In Full: NCLAT Delhi The National Company Law Appellate Tribunal (“NCLAT”), Principal Bench, comprising of Justice […] Read more
November 21, 2022November 21, 2022News VAT Not Fee/Charge; Cannot Be Disallowed As Deduction Under Section 40(a)(iib) of Income Tax Act: ITAT The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has ruled […] Read more
November 16, 2022November 16, 2022News District Judges Are Not “Subordinate” Judges, Treat Them With Equality: CJI DY Chandrachud Chief Justice of India Dr.Justice DY Chandrachud on Monday spoke about the […] Read more
November 10, 2022News Civil Court Can Try Suit Filed By Borrower Against Bank; But Has No Power To Transfer It To DRT: Supreme Court The Supreme Court held that a Civil Court has jurisdiction to try […] Read more
November 9, 2022November 9, 2022News Cheque Dishonour Accused Must Raise ‘Probable Defence’ To Rebut Presumption U/S 139 NI Act & Meet The ‘Test Of Proportionality’: Calcutta HC The Calcutta High Court on Monday held that rebuttal of the presumption […] Read more