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Commercial Taxes Tribunal

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Devas wins plea to seize Indian property in cancelled Isro deal

A French court has ordered freezing of an Indian government property in Paris on a plea by Devas shareholders who are seeking to enforce a USD 1.3 billion arbitration award over a cancelled......

Arms dealer Bhandari sues French firm for unpaid cut in Indian deal

Sanjay Bhandari, an accused arms dealer wanted in India on money laundering and tax evasion charges, is pursuing a separate legal battle of his own in France over an alleged unpaid cut from a large......

New roster in SC from July 1, top 5 judges to hear PILs

The CJI has also kept with himself matters concerning arbitration, habeas corpus, criminal cases, contempt of court and ordinary civil matters. With the Supreme Court all set to work in its full......

'Virtual hearing of cases is an excellent development'

'Coupled with e-filing procedures it would really enhance the ability of the judiciary to provide speedier justice.' IMAGE: The Supreme Court of India. Photograph: Dinesh Joshi/ANI Photo  ......

SC adopts new roster system, CJI to hear all PILs

Chief Justice of India Dipak Misra on Thursday put in place a roster system for allocation of cases in the Supreme Court in what could be a move to address the grievances by four-senior most judges......

Charitable entity status cannot be denied to BCCI, rules tax tribunal

The Income Tax Appellate Tribunal has accepted BCCI’s submission that the latter's objective is the promotion of cricket and it enjoys the power of holding IPL for achieving its objective,......

Tata Motors' plea: SC notice to 23 states, 3 UTs

The Supreme Court has issued notices to 23 states and three UTs on a petition by Tata Motors seeking quashing of the Central Sales Tax Appellate Authority's decision asking it to pay Central Sales......

Tax mitigation will not trigger GAAR: Govt

The government on Tuesday said it planned to introduce safeguards in the proposed General Anti Avoidance Rules to address the industry's concerns over misuse of the tax law provisions. To start......

Banks wrote off Rs 10 lakh crore loans in 5 years, Sitharaman tells LS

Scheduled commercial banks have written off loans amounting to over Rs 10.09 lakh crore in the last five financial years and the process of recovery of dues from the borrowers continues, Union......

Of tax and stock market earnings

Circular number 4, released on June 15, 2007 offers clarity on the investor and the trader, for share market transactions. It also includes references to an 18 year-old circular and the same rules......

ICC meeting: WT20 could shift to 2022, IPL in Oct-Nov?

The organisation of the Indian Premier League will largely depend on India's COVID-19 situation during that time but with the central government trying to bring in normalcy, the cash-rich league......

ED's notice to BCCI regarding IPL II fund transfer

The Enforcement Directorate has issued notice to the BCCI to explain transfer and routing of funds to the tune of Rs 1,600 crore in the conduct of the second season of Indian Premier League cricket......

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