24 February 2020


News

Delhi High Court Directs Police to Take Proactive Steps to Find Missing Children - 20.02.2020

Delhi High Court has directed the Delhi Police to take proactive steps to trace missing children. The Court has directed Anti- Human Trafficking Units to be a nodal agency for all the cases of missing children in the district.

Tags : Delhi High Court Missing Children

Share :

Top

Reserve Bank of India Approves Kotak Mahindra’s Proposal to Trim Stake of Promoters - 20.02.2020

Reserve Bank of India has given final approval to Kotak Mahindra Bank’s proposal on reducing promoters’ stakes and capping their voting rights.

Tags : Reserve Bank of India Kotak Mahindra Bank Promoters Shareholding

Share :

Top

CESTAT, Mumbai: Application for Compounding of Offence Can Not be Rejected on Technical Grounds - 20.02.2020

Custom, Excise & Service Tax Appellate Tribunal (CESTAT), Mumbai has held that the purpose of compounding of offence against the payment of compounding amount is to prevent litigation and encourage early settlement of the dispute, thereby it cannot be rejected on technical grounds.

Tags : Customs Excise and Service Tax Appellate Tribunal Application for Compounding of Offence

Share :

Top

Supreme Court Stays Death Warrant Against Rape Convict of 3-Year Old Minor - 20.02.2020

Supreme Court has stayed the death warrant issued against 22-year-old Anil Yadav, convicted for the rape and murder of a 3-year old girl in Surat stating that fallacies in judicial processes were unwarranted and the requisite mandatory limitation period must be followed.

Tags : Supreme Court Death Warrant Against Rape Convict

Share :

Top

Supreme Court Dismisses Curative Petition Filed by Victims in Uphaar Tragedy - 20.02.2020

Supreme Court has dismissed the curative petition filed by an association of the victims of the 1997 Uphaar cinema fire tragedy case, sparing the Ansal brothers further jail term.

Tags : Supreme Court Uphaar Tragedy

Share :

Top

Rajasthan High Court: ‘Mere Skill’ Will Not Fall Within the Activity of Gambling or Betting - 20.02.2020

Rajasthan High Court has held that the mere skill will not fall within the activity of gambling or betting. The Court further observed that only if the result of the game/contest is determined merely by chance or accident, any money put on the stake with the consciousness of risk and hope to gain would be ‘gambling’ or ‘betting’.

Tags : Rajasthan High Court Gambling or Betting

Share :

Top

Bombay HC Imposes Penalty on Adani Group for Seeking Belated Review of Order Appointing Arbitrator - 19.02.2020

Bombay High Court has quantified Rs. 5 Lakhs as costs to be paid to Antikeros Shipping Corporation while allowing appeals filed by them against an order of a single Judge condoning the delay of 7 years in a review application by Adani Enterprises. The review was sought when arbitration proceedings were at the final hearing stage.

Tags : Bombay High Court Adani Enterprises

Share :

Top

ITAT, Bangalore Extends Stay Period for Google India Due to Delay in Disposal of Appeal - 19.02.2020

Income Tax Appellate Tribunal (ITAT), Bangalore has granted an extension of stay period to Google India citing a reason for the delay in non-disposal of appeal. The Tribunal noted that the delay was not due to the fault of the Assessee and therefore, the stay period should be extended.

Tags : Income Tax Appellate Tribunal Google India

Share :

Top

CESTAT, Mumbai: Cenvat Credit Permissible on Renting Premises Outside Manufacturing Factory Unit - 19.02.2020

Customs Excise and Service Tax Appellate Tribunal (CESTAT), Mumbai has held that Cenvat Credit is permissible on renting of premises outside the manufacturing factory unit.

Tags : Customs Excise and Service Tax Appellate Tribunal Cenvat Credit Permissible on Renting Premises

Share :

Top

ITAT, Mumbai: Society Imparting Training to State Govt. Employees Eligible for Tax Exemption - 19.02.2020

Income Tax Appellate Tribunal (ITAT), Mumbai has held that the society formed to impart training to the State Government employees is eligible for income tax exemption under section 12AA of the Income Tax Act, 1961.

Tags : Income Tax Appellate Tribunal Society Imparting Training to State Govt. Employees

Share :