Search Results for Tag : REC

Statute

Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Bill, 2016(13.06.2016)

The Enforcement of Security Interest and Recovery of Debt Laws a.....

Tags : sarfaesi, debt act, central registry, asset reconstruction

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Notifications & Circulars

Government to bring out new Performance-Based Rating of NGOs working on Environment(06.10.2015)

The Government will introduce new performance-based rating of Non-Government Organisations working in the environment field. It also released the 10th.....

Tags : Ngo, environment, rating, directory

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Review of the capacity planning framework of stock exchanges and clearing corporations(08.10.2015)

Due to an increase in trading volume resulting from a growth of the stock market, the Securities and Exchange Board of India has reiterated the need f.....

Tags : Due to an increase in trading volume resulting from a growth of the stock market, the Securities and Exchange Board of India has reiterated the need for stock exchanges and clearing corporations to maintain sufficient capacity to be able to handle the increased demand. Some of new directions with regards to capacity are: installed capacity being at least one and a half times of projected peak load; and all software and hardware needs to be adequately sized to meet the requirements.

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Model Guidelines on Direct Selling(12.09.2016)

Shri Ram Vilas Paswan, Minister of Consumer Affairs, Food and Public Distribution today informed the media that the model guidelines on direct selling.....

Tags : Direct Selling, Guidelines

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Abolition of Mate receipt(24.11.2016)

1. Ministry of Shipping had constituted a Committee under the Chairmanship of Director General of Shipping to recommend simplification and automation .....

Tags : Mate receipt, Abolition, Export

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Direction by Government to install an additional one million new PoS terminals by 31st March 2017 in order to facilitate the move towards cashless transactions(06.12.2016)

As part of the plan to expand the digital payments eco-system and facilitate the move towards cashless transactions, the Government has decided that a.....

Tags : PoS terminals, Installtion, Direction

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Requirement of customer due diligence and need for maintenance of records(06.12.2016)

It has been reported that, of late, a lot of customers are approaching banks for re-activation of dormant accounts. In this regard, we invite attentio.....

Tags : Diligence, Record maintenance, Requirement

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Taxation Report on e-commerce business models suggests levy(21.03.2016)

A Committee constituted by the Central Board of Direct Taxes to examine direct tax issues arising out of prevalent e-commerce business models

Tags : e-commerce, direct tax, report

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Review of Foreign Direct Investment policy in Insurance sector(23.03.2016)

The Central Governments issued amendments to its ‘Consolidated FDI Policy Circular 2015’ to liberalise foreign direct investment in the insurance sect.....

Tags : Insurance, foreign direct investment, liberalise

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GST Council has finalised its recommendations on almost all the issues based on consensus, says Finance Minister in his Budget Speech(01.02.2017)

The Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley while presenting the General Budget 2017-18 in Parliament today said that the .....

Tags : Debate, Council, Recommendation

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Prohibition on Indian Party from making direct investment in countries identified as "Non Co- operative countries and territories"(25.01.2017)

Attention of the Authorised Dealer Category - I (AD - Category I) banks is invited to Regulation 6 of FEMA Notification No. FEMA.120/RB-2004 dated Jul.....

Tags : Prohibition, Direct investment, Non Co- operative countries

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TRAI releases Recommendations on "Applicability of e-KYC process for existing mobile subscribers as well as outstation customers"(23.01.2017)

The Telecom Regulatory Authority of India (TRAI) has issued its Recommendations on (i) "Verification of existing mobile subscribers through Aadhaar ba.....

Tags : Recommendations, Applicability, E-KYC process

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CBDT endeavours to reduce litigation over bad debt(30.05.2016)

The Central Board of Direct Taxes bolstered Departmental policies to reduce litigation arising from assessees writing off sums as ‘bad debt’.

.....

Tags : income tax, bad debt, irrecoverable, reducing litigation

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Indirect Tax Dispute Resolution Scheme Rules, 2016(31.05.2016)

The Ministry of Finance introduced Rules to give effect to Section 18 of the Finance Act 2016.

The Rules provide declarations and manner of.....

Tags : indirect tax, dispute resolution, finance act, 2016

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Direct Tax Dispute Resolution and Equalisation Levy effective 1 June 2016(31.05.2016)

The Direct Tax Dispute Resolution Scheme 2016 under Chapter X of the Finance Act 2016 came into effect on 1 June 2016. Declarations in respect of tax .....

Tags : direct tax, dispute resolution, equalisation levy, finance act, 2016

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Master Directions on Issuance and Operation of Prepaid Payment Instruments in India(20.03.2017)

As you are aware, the Reserve Bank of India has, from time to time, issued a number of circulars containing policy guidelines on Issuance and Operatio.....

Tags : Direction, Pre-paid payments, Operations

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Recommendation of Legal Framework for Protection of Interests of Migrants(01.03.2017)

A Government appointed Panel has recommended necessary legal and policy framework to protect the interests of the migrants in the country, stating tha.....

Tags : Recommendation, Protection, Migrants

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Tax on arbitral tribunal services to be borne by recipient(18.05.2016)

Service tax liability for services provided by an arbitral tribunal shall be on the service recipient if it’s a business entity.

The Depar.....

Tags : Service tax, arbitral tribunal, recipient, reverse charge

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TRAI releases Recommendations on "Spectrum Usage Charges and Presumptive Adjusted Gross Revenue for Internet Service Providers and Terminal Service Providers(07.03.2017)

The Telecom Regulatory Authority of India (TRAI) has today issued its Recommendations on "Spectrum Usage Charges and Presumptive Adjusted Gross Revenu.....

Tags : Recommendation, Release

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Committee on Clearing Corporations(01.09.2015)

The Securities and Exchange Board of India approved seeking of public comments on the recommendations in the Report of the Committee on Clearing Corpo.....

Tags : Clearing corporations, recommendations, committee, report

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Extension of time for receiving comments on Consultation Paper on 'Review of regulatory framework for the use of USSD for mobile financial services'(29.08.2016)

Telecom Regulatory Authority of India (TRAI) issued a Consultation Paper on 'Review of regulatory framework for the use of USSD for mobile financial s.....

Tags : Comments, Receipt, Time, Extension

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RBI Clarification on Banks under Prompt Corrective Action(05.06.2017)

The Reserve Bank of India has come across some misinformed communication circulating in some section of media including social media, about the Prompt.....

Tags : Corrective action, Framework, Clarification

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RBI extends validity of the Directions issued to the Indian Mercantile Co-operative Bank Ltd., Lucknow, Uttar Pradesh(07.09.2016)

The Reserve Bank of India (RBI) has extended the Directions issued to the Indian Mercantile Co-operative Bank Ltd., Lucknow for a further period of si.....

Tags : Extension, Direction, Mercantile Co-operative Bank

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Principal Director General of Income Tax (Systems) to be the designated authority for furnishing the 'bulk information' on certain identified parameters(21.06.2017)

In pursuance of sub-clause (ii) of clause (a) of sub-section (1) of Section 138 of the Income-tax Act, 1961, the Central Government, hereby specifies .....

Tags : Director General, Authority, Bulk Information

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Greater vigilance for multiple directorships and common addresses of companies(03.11.2015)

The Special Investigation Team has sought permission from the Ministry of Corporate Affairs to take action against violations of the Companies Act, 19.....

Tags : Company, address, operating, directorship

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TRAI Releases Recommendations on "Cloud Services"(16.08.2017)

The Telecom Regulatory Authority of India (TRAI) has today issued its Recommendations on "Cloud Services".

1. DoT vide its letter dated 31.12.....

Tags : Recommendations, Cloud Services, Release

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International Cases

Only exceptionally will law countenance a deprivation of liberty at direction of executive(27.07.2016)

Appellant suffered protracted mental disorder, namely a personality disorder and a chronic paranoid delusional disorder and has a long history of admi.....

Tags : Recall, Detention, Explanation

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ILO recommendations on transition from informal to formal economy approved(06.01.2016)

The Union Cabinet has approved presenting before Parliament the International Labour Organization’s Recommendations (No. 204) concering ‘read»

RBI issues Master Directions on Foreign Exchange(04.01.2016)

The Reserve Bank of India released 17 Master Directions covering foreign exchang.....

Tags : Rbi, master directions, fema, 2016

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Andhra Pradesh Public Employment (Organisation of Local Cadres and Regulation of Direct Recruitment) Amendment Order, 2017(30.10.2017)

In exercise of the powers conferred by clauses (l) and (2) of article 371 D of the Constitution, the President hereby makes the following Order furthe.....

Tags : Recruitment, Order, Amendment

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Disclosure of past record is necessary to meet pressing social need(30.07.2018)

Present appeal concerns the legality under the Human Rights Act, 1998 and the European Convention on Human Rights and Fundamental Freedoms of an Enhan.....

Tags : Information, Disclosure, Record, Certificate

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Independent Directors in PSUs(02.12.2015)

Minister of Corporate Affairs, Arun Jaitley, stated in a reply to Parliament that the appointment of independent directors on the boards of public sec.....

Tags : Independent directors, psu, department, public enterprises

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Notification regarding GST rate for branded cereal, pulses and flour(20.09.2017)

The GST Council, in its 21st meeting held on 9th September, 2017 at Hyderabad has, interalia, recommended that for 5% GST rate on cereals, pulses and .....

Tags : GST rate, Recommendation, Branded cereal

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Court is empowered to grant leave to a disqualified person to manage a corporation(04.12.2018)

By originating process lodged 17 September 2018 the plaintiff seeks leave of the court under s 206G of the Corporations Act, 2001 to be a director of .....

Tags : Bankrupt, Act as director, application

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Deliberate disobedience of an order does not require a specific intention to break the law(14.08.2019)

Present proceedings arise from a dispute about noise disturbance between the owners of units in a block of units in Bay View Terrace. Unit 1 is a grou.....

Tags : Compliance, Direction, SAT Order

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Tax on services received by apparel exporters in fabrication of garments(15.12.2015)

The Ministry of Finance has sought to clarify ambiguities regarding the applicability of service tax on services received by an apparel exporter from .....

Tags : Service tax, apparel, export, receipt

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TRAI releases Recommendations on "Regulatory framework for Internet Telephony"(24.10.2017)

1. The Telecom Regulatory Authority of India (TRAI) has today released its Recommendations on "Regulatory framework for Internet Telephony".

.....

Tags : Recommendations, Release, Internet Telephony

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TRAI releases Recommendations on "Approach towards Sustainable Telecommunications"(23.10.2017)

1. The Telecom Regulatory Authority of India (TRAI) has today released its Recommendations on "Approach towards Sustainable Telecommunications".

Tags : Recommendations, Release, Sustainable Telecommunications

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Production of notice of assessment is conclusive evidence that the assessment is properly made(07.08.2020)

An application is made by the Plaintiff, the Deputy Commissioner of Taxation, for judgment to be entered against the defendant pursuant to the Rules o.....

Tags : Debt dues, Payment, Recovery

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As long as age requirements are imposed for reasons that bear rational scrutiny, then requirements are not arbitrary(19.03.2021)

Present Appeal was against impugned order of the High Court, which declared the policy of the South African Navy (the Navy) to be invalid. The policy .....

Tags : Recruitment, Criteria, Legality

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Settlement of Export/ Import transactions in currencies without direct exchange rate(04.02.2016)

The Reserve Bank of India has permitted AD Category-I banks to settle import and export transactions where invoicing is in a freely convertible curren.....

Tags : Export, import, transaction, direct exchange rate

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TRAI releases Recommendations on 'Network Testing before Commercial Launch of Services'(04.12.2017)

1. The Telecom Regulatory Authority of India (TRAI) has today issued its Recommendations on 'Network Testing before Commercial Launch of Services'.

Tags : Recommendations, Release, Network Testing

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RBI imposes Monetary Penalty on M/s Radhakrishna Finance Pvt. Ltd(14.12.2017)

The Reserve Bank of India (RBI) has imposed a monetary penalty of ?1 lakh on M/s Radhakrishna Finance Pvt. Ltd. (the company) under Section 58G(1)(b) .....

Tags : Direction, Violation, Penalty, Imposition

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Amendment ought not be allowed to defeat a limitation period(27.10.2021)

In present case, On 1 February 2021, the Plaintiff, Collgar Wind Farm Pty Ltd (Collgar), issued a writ naming RJE Global Pty Ltd (RJE Global) as the D.....

Tags : Amendment, Correction, Misnomer

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The Court may grant the injunction if it is necessary to maintain the parties' existing position until the determination of the rights at trial(24.12.2021)

The Applicant, Ben William Falconer, has brought an application for judicial review in which he challenges the validity of an Employer Direction issue.....

Tags : Direction, Dismissal, Injunction

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Comprehensive Master Directions on Know Your Customer(25.02.2016)

The Reserve Bank of India issued Master Direction called the ‘read»

Service in relation to IT Software exempt from service tax(01.03.2016)

The Ministry of Finance exempted services in relation to Information Technology Software leviable to service tax under Section 66B read with section 6.....

Tags : service tax, information technology, record, exempt

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RBI floats Draft Regulatory Framework for Account Aggregator Companies to facilitate Consolidated Viewing of Financial Assets Holdings(03.03.2016)

The Reserve Bank of India released a draft of the directions Non-Banking Financial Company - Account Aggregator (Reserve Bank) Directions, 2016 to put.....

Tags : nbfc, account aggregator, directions

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Government of India announces details of Bank recap and Comprehensive Reform Plan(24.01.2018)

The Government of India today unveiled details of the re-capitalisation of Public Sector Banks (PSBs) announced in October, 2017. The capital infusion.....

Tags : Bank recap, Details, Announcement

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The discretion to impose a sentence cannot be appropriately exercised, if the magistrate is under a misapprehension as to what conduct constitutes the offence(15.02.2022)

Present is an appeal against sentence. On 4 January 2022, the Appellant appeared in the Magistrates Court and pleaded guilty to three offences of fail.....

Tags : Direction, Compliance, Sentence

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Reclassification of MSMEs will help manufacturing: Textiles Minister(13.02.2018)

Minister of Textiles Smriti Zubin Irani said that reclassification of MSMEs and 5 percent reduction in tax on annual turnover of companies up to Rs. 2.....

Tags : Reclassification, MSMEs, Manufacturing

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In absence of a Parole Board report, Supreme Court’s ability to substitute the sentence of the high court with its own sentence is constrained(16.03.2023)

Present was an appeal against a reconsideration of an indeterminate sentence imposed in terms of Section 286B of the Criminal Procedure Act, 1977. The.....

Tags : Sentence, Imposition, Reconsideration

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Extension of time for receiving comments/counter-comments on Consultation Paper on 'Approach towards Sustainable Telecommunications'(13.02.2017)

Telecom Regulatory Authority of India (TRAI) has released a Consultation paper titled 'Approach towards Sustainable Telecommunications' on 16.01.2017 .....

Tags : Comments, Receipt, Time, Extension

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Directions of High Court of Delhi at New Delhi on Exclusions related to Genetic Disorders(19.03.2018)

In the matter of M/s United India Insurance Company Limited Vs Jai Parkash Tayal (RFA 610/2016 & CM Nos. 45832/2017) Hon'ble High Court of Delhi at Ne.....

Tags : Directions, High Court, Exclusions, Genetic Disorders

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Court has a discretion to order an inspection if good faith and proper purpose is proved(13.06.2023)

By originating process filed 13thDecember, 2022, the Plaintiff sought an order pursuant to Section 247A of the Corporations Act, 2001 authorising the .....

Tags : Inspection, Records, Entitlement

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Directors did not have the authority to represent the company in the POCA litigation(01.12.2023)

The Appellant (the company) has been in business rescue in terms of Chapter 6 of the Companies Act, 2008. The fourth and fifth respondents on appeal w.....

Tags : BRPs, Directors, Authority

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TRAI releases recommendations on "Sharing of Infrastructure in Television Broadcasting Distribution Sector"(29.03.2017)

1. The Telecom Regulatory Authority of India (TRAI) has today released its Recommendations on "Sharing of Infrastructure in Television Broadcasting Di.....

Tags : Infrastructure, Sharing, recommendations

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Minister of state of MSME released national foreign trade directory(26.04.2018)

Giriraj Singh, Minister of State (independent Charge) for Micro, Small & Medium Enterprises (MSME), Government of India & MSME Secretary, Dr. Arun Kum.....

Tags : Directory, Release, Foreign trade

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Guidelines on Stripping/Reconstitution of Government Securities(03.05.2018)

1. Please refer to paragraph 7 of the Statement on Regulatory and Developmental Policies announced on April 5, 2018 regarding review of the mechanism .....

Tags : Reconstitution, Government Securities, Guidelines

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Creation of Directorate General of Trade Remedies (DGTR) in Department of Commerce(09.05.2018)

The Government of India carried out an Amendment to the Government of India (Allocation of Business) Rules, 1961 on May 7, 2018 substituting "Director.....

Tags : Creation, Directorate, Trade Remedies

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To succeed in obtaining relief in terms of Section 163 of Companies Act, the applicant must prove to the court that the relevant conduct complained was of oppressive or unfairly prejudicial(28.02.2024)

Present litigation emanates from an acrimonious relationship between two directors and shareholders of a small private company. The applicant, who is .....

Tags : Powers, Director, Conduct

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Requirements for a claim based on unjust enrichment are that, defendant must be enriched, Plaintiff must be impoverished(04.04.2024)

The Appellants appeal against the judgment of the High Court in terms of which they were, ordered to pay the Respondent, Nedbank Limited (Nedbank) the.....

Tags : Payment, Direction, Legality

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Companies (Acceptance of Deposits) Second Amendment Rules, 2015(15.09.2015)

The Ministry of Corporate Affairs notified amendment to Rule 2(i)(c)(viii) of the Companies (Acceptance of Deposits) Rules, 2014. Aside from being per.....

Tags : Company, director, funds, give, declaration

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Master Direction - Standalone Primary Dealers (Reserve Bank) Directions, 2016(25.08.2016)

The Reserve Bank of India (the Bank), having considered it necessary in public interest, and being satisfied that, for purpose of enabling Bank to reg.....

Tags : Financial system, Regulation, Directions

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Split of position of Chairperson and Managing Directors in listed companies(24.07.2018)

The Securities and Exchange Board of India (SEBI), based on the recommendations of Kotak Committee on Corporate Governance, has amended the SEBI (List.....

Tags : Split, Position, Chairperson, Managing Directors

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Director of a company is liable for any loss, damages or costs sustained by the company as a consequence of any breach by the director(24.04.2024)

Present appeal concerns the interpretation of Section 218(2) of the Companies Act, 2008. The high court considered and upheld an exception to the part.....

Tags : Damages, Director, Liability

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Ministry of Railways Signs Record of Discussion for India Japan Cooperation in Rail Safety(14.08.2018)

Record of Discussion (ROD) for the project on Capacity Development on Rail Safety was signed between Ministry of Railways and Japan International Coop.....

Tags : Record, Discussion, Cooperation, Rail Safety

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Digitization of School Records(17.07.2017)

The National Academic Depository (NAD) which is a 24 X 7 online store house of academic awards digitally lodged by various academic institutions / sch.....

Tags : Records, Digitization, School

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Recovery of arrears of wrongly availed CENVAT credit under the existing law and inadmissible transitional credit(04.09.2018)

Various representations have been received seeking clarification on the process of recovery of arrears of wrongly availed CENVAT credit under the exis.....

Tags : Recovery , Arrears, CENVAT

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Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) - The City Co-operative Bank Ltd, Mumbai, Maharashtra- Relaxation in withdrawal limit(27.12.2018)

The City Co-operative Bank Ltd, Mumbai, Maharashtra, was placed under directions vide directive dated April 17, 2018 from close of business April 17, .....

Tags : Directions, Withdrawal limit, Relaxation

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Tribal Affairs Ministry to Hold Meeting with States on 6th March to Ensure Effective Implementation of Supreme Court Directions in the Case of Sts and OTFDS Under FRA 2006(01.03.2019)

The matter pertaining to eviction of Scheduled Tribes (STs) and Other Traditional Forest Dwellers (OTFDs) whose claims for forest land rights have bee.....

Tags : Implementation, Directions, Sts and OTFDS

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Amendment to Master Direction (MD) on KYC(29.05.2019)

1. Government of India, vide Gazette Notification G.S.R. 108(E) dated February 13, 2019, has notified amendments to the Prevention of Money-laundering.....

Tags : Amendment, Master Direction, KYC

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It is unlawful to discriminate against part-time workers, when a retirement pension falls due for payment(12.07.2017)

Appellant is a retired self-employed barrister, who also held part-time judicial office as a recorder (a part-time judge of Crown Court) between 1 Mar.....

Tags : Pension, Entitlement, Directives, Applicability

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Remote-controlled devices for recreational angling prohibited under the Marine Act.(16.07.2024)

The Appellants, business entities dealing in angling equipment like bait-carrying drones, sought a declaratory order from the Gauteng Division of the .....

Tags : Marine Law, Marine Act, recreational angling

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Debt recovery mechanism strengthened with the enactment of Insolvency and Bankruptcy Code (IBC), 2016 - Survey(04.07.2019)

The Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman tabled the Economic Survey 2018-19 in Parliament today. Taking note of t.....

Tags : Debt recovery, Mechanism, Strengthening of

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Regulation for recruitment method to the post of the Junior Reception Officer in the Secretariat Security Organisation(20.08.2019)

In exercise of the powers conferred by the proviso to Article 309 of the Constitution and in supersession of the Junior Reception Officer (Secretariat.....

Tags : Recruitment, Method, Regulation

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Direction regarding display of registered satellite TV channels on landing page(08.11.2017)

1. The Telecom Regulatory Authority of India (TRAI) today issued a direction to all the broadcasters and distributors of television channels to restra.....

Tags : TV channels, Display, Direction

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Recovery of Interest on delayed remittance of Government Receipts into Government Account(26.09.2019)

In Circular DGBA.GAD.No.H-4831/42.01.011/2012-13 dated February 13, 2013 wherein, in order to bring uniformity in the procedure of reporting both cent.....

Tags : Government Receipts, Recovery, Interest

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Direction by the President of India regarding the powers of the Appropriate Government under the Real Estate (Regulation and Development) Act, 2016(17.03.2020)

In pursuance of the powers conferred under clause (1) of Article 239 of the Constitution, the President hereby directs that the powers and functions o.....

Tags : Direction, Powers, Appropriate Government

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MHRD issues directions to UGC, AICTE, NTA, NIOS, CBSE, NCTE and all organisations for the postponement of examinations till 31st March, 2020 as a precautionary measure in the wake of COVID-19(18.03.2020)

MHRD is taking all steps to ensure safety of students along with the maintenance of academic calendar. I appeal to all students, teachers and parents .....

Tags : Directions, Issuance, Examination, Postponement

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Steel Minister Gives Green Signal to Joint Venture for First Auto-Shredding Plant in India for Recycling of Specialized Steels and Other Non-Ferrous Metals(08.08.2016)

For setting up a Joint Venture Company for the first Auto Shredding Plant in India, a Joint Venture agreement was signed between MSTC Limited and Mahi.....

Tags : Joint Approval, Recycling, Specialized Steels

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Companies (Appointment and Qualification of Directors) Second Amendment Rules, 2020(29.04.2020)

In exercise of the powers conferred by section 149 read with section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes .....

Tags : Amendment, Rules, Appointment, Directors

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Clarifications on the Income Declaration Scheme, 2016(14.07.2016)

The Central Board of Direct Taxes released additional clarifications on the Income Declaration Scheme 2016.

In answers to ten additional qu.....

Tags : income declaration scheme, revision, directors, partners

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Direction to policy holders whose motor vehicle third party insurance policies fall due for renewal during the lockdown period can make the same on or before 21st April, 2020(01.04.2020)

In exercise of powers conferred by sub-sections (1) and (5) of section 64VB of the Insurance Act, 1938, read with rule 59 of the Insurance Rules, 1939.....

Tags : Direction, Policy holders, Renewal, Lockdown period

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Indirect Tax Revenue (Provisional) collections during October 2015(09.11.2015)

Figures released for indirect tax revenue – Customs, Central Excise and Service Tax - collections in October, 2015 showed an increase of 36.8 per cent.....

Tags : Indirect tax, growth, revenue, 2015

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Annual System Audit, Business Continuity Plan and Disaster Recovery(16.11.2015)

The Securities and Exchange Board of India has issued guidelines to mitigate risks to the stability and integrity of national commodity derivative exc.....

Tags : Commodity exchange, disaster recovery, continuity

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Annual System Audit, Business Continuity Plan and Disaster Recovery(16.11.2015)

The Securities and Exchange Board of India has issued guidelines to mitigate risks to the stability and integrity of national commodity derivative exc.....

Tags : Commodity exchange, disaster recovery, continuity

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System-based asset classification - UCBs(12.08.2020)

1. Please refer to the Master Circular DCBR.BPD. (PCB) MC No.12/09.14.000/2015-16 dated July 1, 2015 containing consolidated instructions on income re.....

Tags : Asset classification, UCBs, Income Recognition

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Reserve Bank invites comments on the draft framework for recognition of a Self-Regulatory Organisation for Payment System Operators(18.08.2020)

As announced in the Statement on Developmental and Regulatory policies issued as part of Monetary Policy statement dated February 6, 2020, the Reserve.....

Tags : Draft framework, Recognition, Self-Regulatory Organisation

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Debts Recovery Tribunal (Procedure) Amendment Rules, 2020(27.08.2020)

1.In exercise of the powers conferred by sub-sections (1) and (2) of section 36 of the Recovery of Debts and Bankruptcy Act, 1993 (51 of 1993), the Ce.....

Tags : Debts Recovery Tribunal, Procedure, Amendment Rules

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Relaxation from default recognition due to restructuring of debt(31.08.2020)

1. CRAs recognize default based on the guidance issued vide SEBI circulars dated May 3, 2010 and November 1, 2016. Further, SEBI vide circular dated M.....

Tags : Relaxation, Default recognition, Restructuring of debt

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Clarifications in respect of the Direct Tax Vivad se Vishwas Act, 2020(28.10.2020)

1. With the objective to reduce pending income tax litigation, generate timely revenue for the Government and benefit taxpayers by providing them peac.....

Tags : Clarifications, Direct Tax, Act, 2020

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TRAI releases Recommendations on 'In-Flight Connectivity'(19.01.2018)

1. The Telecom Regulatory Authority of India (TRAI) has on 18th January 2018 issued its Recommendations on In-Flight Connectivity'.

2. The D.....

Tags : Recommendations, Release, In-Flight Connectivity

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Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) - United Cooperative Bank Limited Extension of Period(22.01.2019)

Reserve Bank of India, in public interest, had issued directions to United Cooperative Bank Limited, Bagnan Station Road (North), P.O-Bagnan, Dist. - .....

Tags : Directions, Period, Extension

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Air Quality Commission directs strict enforcement of dust control measures to curb air pollution(23.12.2020)

The Commission of Air Quality Management in Delhi-NCR and adjoining areas reviewed the deteriorating air quality situation and has directed strict enf.....

Tags : Strict enforcement, Dust control, Direction

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Hedging of Foreign Exchange Risk - Final Directions(07.04.2020)

Draft regulations reviewing facilities for "Hedging of Foreign Exchange Risk by Residents and Non-Residents" were released for public comments in Febr.....

Tags : Foreign Exchange Risk, Hedging, Final Directions

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Committee on Asset Reconstruction Companies invites views and suggestions from stakeholders(28.04.2021)

As part of the Statement on Developmental and Regulatory Policies released along with the Monetary Policy Statement on April 7, 2021, the Reserve Bank.....

Tags : Committee, Asset Reconstruction Companies, Stakeholders

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Asset classification and income recognition following the expiry of Covid-19 regulatory package(07.04.2021)

The Hon'ble Supreme Court of India has pronounced its judgement in the matter of Small Scale Industrial Manufacturers Association vs UOI & Ors. and ot.....

Tags : Asset classification, Income recognition

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Creche facility to come up at Parliament House, Development comes after Smt Maneka Gandhi apprised LS Speaker about the need(20.02.2018)

The Parliament House will soon be setting an example of an inclusive and supportive work environment for its women employees by establishing Crèche fa.....

Tags : Creche facility, Parliament House, Need

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Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 to Millath Co-operative Bank Limited(08.11.2021)

1. The Reserve Bank of India issued All Inclusive Directions to Millath Co-operative Bank Limited, Davangere, Karnataka under Section 35 A read with S.....

Tags : Directions, Banking Regulation Act

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Reserve Bank of India (Classification, Valuation and Operation of Investment Portfolio of Commercial Banks) Directions, 2021(25.08.2021)

1. The Reserve Bank of India has, from time to time, issued several guidelines/instructions/directives to the banks on Prudential Norms for Classifica.....

Tags : Master Directions, Investment Portfolio by Banks

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Notification as 'Financial Institution' under Section 2(1)(m)(iv) of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002(25.08.2021)

1. Please refer to Para 105 of Master Direction - Non-Banking Financial Company - Housing Finance Company (Reserve Bank) Directions, 2021 wherein cert.....

Tags : Financial Institution. Modification, Master Directions

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RBI appoints Smt. Surekha Marandi as New ED(03.01.2017)

The Reserve Bank of India has appointed Smt. Surekha Marandi as Executive Director (ED) consequent upon superannuation of Shri U.S. Paliwal who retire.....

Tags : Appointment, Executive Director, RBI

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Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 to The Kapol Co-operative Bank Ltd Mumbai, Maharashtra for extension of period(01.11.2021)

1. Reserve Bank of India vide directive DCBS.CO.BSD-I./D-9/12.22.111/2016-17 dated March 30, 2017 had placed The Kapol Cooperative Bank Ltd Mumbai, Ma.....

Tags : Directions, Extension, Period

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Withdrawal of circulars - on recovery of excess pension made to pensioners(21.01.2021)

1.It has been brought to the notice of RBI that the recovery of excess /wrong pension payments from the pensioners are being made in a manner that is .....

Tags : Withdrawal, Circulars, Recovery, Excess pension

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Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Rupee Co-operative Bank Ltd., Pune, Maharashtra for extension of period(01.12.2021)

Reserve Bank of India vide directive UBD.CO.BSD-I/D-28/12.22.2018/2012-13 dated February 21, 2013 had placed the Rupee Co-operative Bank Ltd., Pune, M.....

Tags : Directions, Extension, Period

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RBI issues Directions to the City Co-operative Bank Ltd., Mumbai, Maharashtra(18.04.2018)

The Reserve Bank of India (vide directive DCBS.CO.BSD-I/D-5/12.22.039/2017-18 dated April 17, 2018) has placed The City Co-operative Bank Ltd., Mumbai.....

Tags : Direction, Issuance, Bank

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RBI releases 'Draft Master Direction on Minimum Capital Requirements for Operational Risk'(15.12.2021)

As part of convergence of the Reserve Bank's regulations for banks with Basel III standards, the Reserve Bank of India has today placed on its website.....

Tags : Draft, Master Direction, Operational Risk

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Grant of recognition to CDSL Ventures Limited as an accreditation agency(12.01.2022)

Amendments to SEBI (Alternative Investment Funds) Regulations, 2012 [Last amended on November 09, 2021] SEBI (Portfolio Managers) Regulations, 2020 [L.....

Tags : Recognition, Grant, Accreditation agency

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Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949, to Independence Co-operative Bank Ltd. for extension of period(10.01.2022)

The Reserve Bank of India, in the public interest, had issued directions to Independence Co-operative Bank Ltd., Nashik, Maharashtra in exercise of po.....

Tags : Directions, Extension, Period

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Directions under section 35A read with Section 56 of the Banking Regulation Act, 1949 - Shri Anand Co-operative Bank Limited - Extension of Period(23.02.2022)

1. The Reserve Bank of India, vide directive DCBS.CO.BSD-I/D-16/12.22.474/2018-19 dated June 21, 2019, had placed Shri Anand Co-operative Bank Limited.....

Tags : Directions, Extension, Time Period

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Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 - Rupee Co-operative Bank Ltd., Pune(28.02.2022)

1. Reserve Bank of India vide directive UBD.CO.BSD-I/D-28/12.22.2018/2012-13 dated February 21, 2013 had placed the Rupee Co-operative Bank Ltd., Pune.....

Tags : Directions, Provisions

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Product specifications pertaining to the Electronic Gold Receipts segment in India(28.03.2022)

1. SEBI vide Circular no. SEBI/HO/CDMRD/DMP/CIR/P/2022/07 dated January 10, 2022, has issued framework for operationalizing the Gold Exchange in India.....

Tags : Product specifications, Electronic, Receipts

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Recommendations of States in GST council(25.06.2019)

The 35th Meeting of the Goods and Services Tax (GST) Council was held on 21.06.2019 in New Delhi.

All matters relating to Centre and the Sta.....

Tags : Recommendations, States, GST council

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Extension of validity of Recognition of Pre-shipment Inspection Agencies(30.06.2020)

In exercise of powers conferred under paragraph 1.03 of the Foreign Trade Policy (2015-20) read with paragraph 2.04 of the Foreign Trade Policy, the D.....

Tags : Extension, Recognition, Pre-shipment

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Expert committee on longevity finance recommends setting up of Longevity Hub at GIFT-IFSC(13.04.2022)

International Finance Services Centres Authority (IFSCA) constituted Expert Committee on Longevity Finance, co-chaired by Ms. Kaku Nakhate, Country He.....

Tags : Recommendation, setting up, Longevity Hub

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Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) - Shushruti Souharda Sahakara Bank Niyamita, Bangalore(07.04.2022)

1. It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35A of the Banking Reg.....

Tags : Directions, Provision, Co-operative Societies

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Requirement that all registered companies having a turnover of more than Rs 500 crore as well as CPSE’s shall be on board the Trade Receivable Discounting Platform(02.11.2018)

In exercise of powers conferred by section 9 of the Micro, Small and Medium Enterprises Development Act, 2006 (27 of 2006), the Central Government her.....

Tags : Instructions, Issuance, Turnover, Trade Receivables, Discounting System

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Extension of time to receive comments on draft Telecommunication (Broadcasting and Cable) Services Interconnection (Addressable Systems) (Amendment) Regulations, 2019(11.09.2019)

The Telecom Regulatory Authority of India (TRAI) had issued draft Telecommunication (Broadcasting and Cable) Services Interconnection (Addressable Sys.....

Tags : Time, Extension, Comments, Receipt, Regulations

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Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - The Laxmi Co-operative Bank Ltd., Solapur - Extension of Period(11.05.2022)

The Reserve Bank of India, in the public interest, had issued directions to The Laxmi Co-operative Bank Ltd., Solapur, Maharashtra in exercise of powe.....

Tags : Direction, Provision, Bank

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RBI Central Board accepts Bimal Jalan Committee recommendations and approves surplus transfer to the Government(26.08.2019)

1. The Central Board of the Reserve Bank of India (RBI) decided to transfer a sum of Rs.1,76,051 crore to the Government of India (Government) compris.....

Tags : Committee, Recommendations, Surplus

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Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Mantha Urban Co-operative Bank Limited, Mantha, District: Jalna, Maharashtra - Extension of period(16.08.2021)

The Reserve Bank of India, in the public interest, had issued Directions to Mantha Urban Co-operative Bank Limited, Mantha, District: Jalna, Maharasht.....

Tags : Directions, Extension, Period

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Draft Master Direction on Outsourcing of Information Technology (IT) Services(23.06.2022)

1. Regulated Entities (REs) have been extensively leveraging Information Technology (IT) and IT-enabled services (ITeS) in their business, products an.....

Tags : Master Direction, Outsourcing, IT Services

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Income Tax Simplification Committee reveals recommendations(25.01.2016)

The Income Tax Simplification Committee, headed by former Justice R.V. Easwar, has released its first.....

Tags : Income tax, simplification, recommendations

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Directions on charging of fees for transactions settled on Immediate Payment Service and Unified Payments Interface(21.12.2016)

In line with the Central Government's objective of promotion of payments through cards and digital means over payments in cash, the Reserve Bank of In.....

Tags : Direction, Transaction, Fees

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Central Government directs that the powers exercisable by the CBIT and Customs may be exercised by Principal Chief Commissioner or Chief Commissioner of Central Excise and Service Tax(20.07.2022)

In exercise of the powers conferred by section 37A of the Central Excise Act, 1944 (1 of 1944) read with section 83 of the Finance Act, 1994 (32 of 19.....

Tags : Powers, Direction

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Judgments

Vehicles purchased by company for officers’ personal use not excluded from consumer protection law(08.07.2016)

The National Consumer Disputes Redressal Commission held that vehicles purchased by a company for its directors for their personal use are not exclude.....

Tags : consumer protection, vehicles, comercial use, directors

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Arbitration tribunal empowered to recall order ‘in the interest of justice’(08.07.2016)

An arbitration tribunal can exercise its inherent powers to “secure the ends of justice”, the Chhattisdarh High Court said, allowing claims that the t.....

Tags : chhattisgarh, arbitration, order, recall, interest of justice

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Coffee Board (Cadre and Recruitment), Amendment, Rules, 2021(20.10.2021)

In exercise of the powers conferred by section 48 of the Coffee Act, 1942 (7 of 1942) the Central Government hereby makes the following rules further .....

Tags : Rules, Amendment, Cadre and Recruitment

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TRAI releases recommendations on "Market Structure/Competition in Cable TV services"(07.09.2022)

1. The Telecom Regulatory Authority of India (TRAI) has today issued its recommendations on Ministry of Information and Broadcasting (MIB) back refere.....

Tags : Recommendations, Release, Market Structure

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Cabinet approves Model MoU with foreign countries for unilateral/bilateral recognition of Certificates of Competency of seafarers(22.01.2020)

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its approval for the Model Memorandum of Understanding (MoU) for unilat.....

Tags : MOU, Recognition, Competency, Seafarers

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Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Garha Co-operative Bank Ltd., Guna-Extension of period(23.11.2022)

The Reserve Bank of India, in the public interest, had issued directions to Garha Co-operative Bank Ltd., Guna, Madhya Pradesh in exercise of powers v.....

Tags : Directions, Extension, Period

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Judicial/Executive Magistrate empowered to issue directions to any person including accused to give specimen signatures and handwriting during the investigation of case.(25.07.2016)

A government scheme was launched for providing loans at the cheaper interest rates to poor persons living below the poverty line to enable them to pur.....

Tags : Magistrates, issuance of directions, power

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Extension of date of direct tax payment in respect of third instalment of advance tax for FY 2019-2020(16.12.2019)

Considering the large-scale disruption of Internet Services in the North Eastern States-Assam, Tripura, Arunachal Pradesh, Meghalaya, Nagaland, Manipu.....

Tags : Extension, Date, Direct Tax payment

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Central Government hereby notifies the dealers in precious metals, precious stones as persons carrying on designated businesses or professions(28.12.2020)

In exercise of the powers conferred by sub-clause (iv) of clause (sa) of sub-section (1) of section 2 of the Prevention of Money-laundering Act, 2002 .....

Tags : Dealers, Precious metals, Designated businesses

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Central Government recognizes Export Inspection Agencies as Inspection Agencies for inspection of common salt prior to its export(14.11.2022)

In exercise of the powers conferred by section 7 of the Export (Quality Control and Inspection Act), 1963 (22 of 1963) and in supersession of the noti.....

Tags : Export Inspection, Agencies, Recognition

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Fundamental rights and human rights cannot be ignored only because of adverse circumstances(03.10.2016)

Issue involved in instant Petition is relating to over-crowding in prisons. Supreme Court by order dated 5th February, 2016 had given directions which.....

Tags : Prisons, Over-crowding, Direction

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TRAI releases Recommendations on "Renewal of Multi-System Operators (MSOs) Registration"(29.12.2022)

1. The Telecom Regulatory Authority of India (TRAI) has today issued its recommendations on "Renewal of Multi-System Operators (MSOs) Registration".

Tags : Recommendations, Release, MSOs

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TRAI releases recommendations on 'Spectrum Requirements of National Capital Region Transport Corporation (NCRTC) for Train Control System for RRTS Corridors'(28.12.2022)

1. The Telecom Regulatory Authority of India (TRAI) has today released recommendations on 'Spectrum Requirements of National Capital Region Transport .....

Tags : Recommendations, Release, Spectrum

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News

Supreme Court Upholds Jail Term of Om Prakash Chautala, Son Ajay in Teachers’ Recruitment Scam(04.08.2015)

Supreme Court has upheld the 10 years’ jail terms of former Haryana Chief Minister Om Prakash Chautala and his son Ajay Chautala in the Teachers’ Recr.....

Tags : Supreme Court, Recruitment scam

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Bombay High Court to IMD: Give Four-Hour Weather Forecast During Monsoon(07.08.2015)

Bombay High Court has suggested to the Indian Meteorological Department (IMD) to consider issuing weather forecast every four hours during the monsoo.....

Tags : Bombay High Court, IMD, Weather forecast

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Karnataka HC Put Stay on DRT’s Order for 3 Months Issuing Demand Notice to UBHL , Kingfisher Airlines(20.06.2016)

Karnataka HC has put stay for three months on Debt Recovery Tribunal's (DRT) order issuing a demand notice to Vijay Mallya-owned United Breweries Hold.....

Tags : Karnataka HC, Debt Recovery Tribunal, United Breweries Holdings Limited (UBHL) , Kingfisher Airlines

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CBDT Notifies Tax Exemption to Startups from 'Rigour' of Section 56(2)(viib) of Income Tax Act(20.06.2016)

Central Board of Direct Taxes (CBDT) has notified tax exemption on investments above fair market rate for startups. The exemption is provided to start.....

Tags : Central Board of Direct Taxes, section 56(2)(viib) of Income Tax Act, startups

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CBDT Grants TDS Exemption for Seven Transactions(23.06.2016)

Central Board of Direct Taxes (CBDT) has helped improve cash flows for Payment System Companies by exempting seven types of transactions from TDS obli.....

Tags : Central Board of Direct Taxes , TDS, Payment System Companies

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CBDT Eases Rules for TDS Claims by Non-Resident Companies(29.06.2016)

Central Board of Direct Taxes (CBDT) has come out with Rule 37BC, which gives relaxation to Non-Residents from furnishing PAN number in India while cl.....

Tags : Central Board of Direct Taxes, Rule 37BC, TDS Claims

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Top Story

RBI issues direction limiting customer liability in online banking(06.07.2017)

RBI has issued direction limiting liability of customers due to recent increase in customer grievances related to unauthorised transactions. Direction.....

Tags : Limited liability, Online Banking, Directions

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Construction prohibited upto 200 metres from High Tide Line, such structures required to be demolished(07.10.2016)

In present case, Tribunal held that structure as existed prior to 19th February, 1991, on plot of land, falling within 100 metres distance (in CRZ III.....

Tags : Direction, Structure, Demolition

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Extension of validity of Directions under Section 35A of the Banking Regulation Act, 1949 (AACS)- Indian Mercantile Co-operative Bank Ltd., Lucknow (U.P)(25.01.2023)

The Reserve Bank of India (RBI) has extended the directions issued to the Indian Mercantile Co-operative Bank Ltd., Lucknow (U.P) for a period of thre.....

Tags : Extension, Validity, Directions

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Debts Recovery Tribunals and Debts Recovery Appellate Tribunals Electronic Filing (Amendment) Rules, 2023(01.02.2023)

In exercise of the powers conferred by clause (ccd) of sub-section(2) of section 36 of the Recovery of Debts and Bankruptcy Act, 1993 (51 of 1993), th.....

Tags : Debts Recovery, Tribunals, Rules

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Patna HC Seeks Reply over Army Striping Youth for Exam(02.03.2016)

Patna HC has taken suo motu cognisance of pictures published in a newspaper showing candidates taking an Army recruitment exam in Bihar's Muzaffarpur .....

Tags : Patna HC , Army recruitment

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CBDT: Contractors in Consortium Not to be Taxed as AOP(08.03.2016)

Central Board of Direct Taxes (CBDT) has said those working in a consortium will not be taxed as Association of Persons (AOP) if each entity's earning.....

Tags : Central Board of Direct Taxes , Association of Persons, consortium

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CIC Directs CBSE to Permit Inspection of Smriti Irani’s School Records(18.01.2017)

Central Information Commission (CIC) has directed Central Board of Secondary Education (CBSE) to permit examination of Textiles Minister Smriti Irani'.....

Tags : Central Information Commission, Smriti Irani, School Records

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Supreme Court Constitutes Panel For Recruitment of Judges in Lower Judiciary(19.01.2017)

Supreme Court has set up a committee of judges to look into issue of bringing uniformity in recruitment process of judicial officers in lower judiciar.....

Tags : Supreme Court, Lower Judiciary, Recruitment, Judges

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CBDT: No TDS or Advance Tax Credit For Disclosure Made Under PMGKY(19.01.2017)

Central Board of Direct Taxes (CBDT) has clarified that no credit will be allowed against advance tax paid or Tax Deducted at Source (TDS) or Tax Coll.....

Tags : Central Board of Direct Taxes, Pradhan Mantri Garib Kalyan Yojana, income disclosure scheme, TDS, TCS

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Bengaluru DRT Orders Banks to Start Recovering Loan From Vijay Mallya in Kingfisher Case(20.01.2017)

Debt Recovery Tribunal has ordered SBI-led consortium of banks to start process of recovering over Rs 6,203 crore, at 11.5 per cent annual interest ra.....

Tags : Debt Recovery Tribunal, Vijay Mallya, Kingfisher Case, Loan

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Supreme Court to Centre: Appoint NHRC Director General Within One Week(23.01.2017)

Supreme Court has directed Centre to appoint a Director General in National Human Rights Commission (NHRC) within a week.

Tags : Supreme Court, National Human Rights Commission, Director General

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No right ensure in favour of occupants on a public property, when no formal lease deed executed and permission not obtained from State Government(07.10.2016)

Appellant is aggrieved by direction of High Court to the Collector. Respondent No. 1 had filed a Writ Petition as Public Interest Litigation for issua.....

Tags : Illegal Encroachment, Removal, Direction

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RTI is beneficial legislation cannot be used to harass(24.11.2015)

The Delhi High Court rejected claims of a Petitioner claiming willful non-compliance by the police in not providing him information under the Right to.....

Tags : Rti, police, fir, record, peruse

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Reasoning or rationing must be accorded by CIC while ordering disclosure of any information(08.11.2016)

Petitioner seeks quashing of order passed by Central Information Commission allowing appeal of Respondent and directing Petitioner to provide informat.....

Tags : Information, Disclosure, Directions

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Minor discrepancies not to be given undue emphasis and evidence is to be considered from point of view of trustworthiness(10.11.2016)

Accused was charged with commission of offence under Section 20(b) (ii)(C) of Narcotic Drugs & Psychotropic Substances Act, 1985, wherein he pleaded n.....

Tags : Acquittal, Validity, Charas, Recovery

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24-week pregnancy allowed to be terminated on ground of danger to life and certain inability of fetus to survive extra uterine life(16.01.2017)

Petitioner No.1 approached this Court under Article 32 of Constitution of India seeking directions to Respondents to allow her to undergo medical term.....

Tags : Pregnancy, Termination, Direction

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Courts cannot take over task of correcting answers set in the answer key(16.01.2017)

Petitioner, by present petition, seeks a mandamus to the Respondents to declare as factually and conceptually incorrect, the answer keys for question .....

Tags : Answer, Correction, Declaration

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TRAI issues Directions to Access Providers to stop misuse of Headers and Message Templates, and to curb unauthorized promotions using Telecom Resources(16.02.2023)

The Telecom Regulatory Authority of India (TRAI) under Ministry of Communications, in order to ensure that all promotional messages are sent through R.....

Tags : Directions, Issuance, Telecom Resources

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Madhya Pradesh High Court Seeks Report from M.P. Govt. on Vyapam Scam(03.09.2015)

Madhya Pradesh High Court has sought report from State Government on the Vyapam recruitment scam within a week.

Tags : Madhya Pradesh High Court,Vyapam recruitment scam

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Delhi HC Denies to Intervene in DND Toll Protest(30.08.2016)

Delhi HC has denied to grant relief to Delhi Noida Direct (DND) toll operator which had sought its urgent intervention to end agitation at the toll ga.....

Tags : Delhi HC, Delhi Noida Direct

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CBDT: Now File Statement of Financial Transaction at Tin Facilitating Centers(02.06.2017)

Central Board of Direct Taxes (CBDT) has enabled filing of Statement of Financial Transaction (SFT) at Tin Facilitating Centers (TIN-FC).

Tags : Central Board of Direct Taxes, Statement of Financial Transaction, Tin Facilitating Centers

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CBDT: PAN Mandatory for Refund of TDS on Immovable Property(07.06.2017)

Central Board of Direct Taxes (CBDT) has notified amendment in income Tax Rules making it mandatory to furnish PAN details in Form 26B instead of TAN.....

Tags : Central Board of Direct Taxes, TDS

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CBDT Notifies New Safe Harbour Regime(09.06.2017)

Central Board of Direct Taxes (CBDT) has notified a new safe harbour regime to reduce transfer pricing disputes, to provide certainty to taxpayers, to.....

Tags : Central Board of Direct Taxes, Safe Harbour Regime

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CBDT Notifies Transfer Pricing Tolerance Limit for AYs 2017-18 and 2018-19(12.06.2017)

Central Board of Direct Taxes (CBDT) has notified transfer pricing tolerance limit for computation of Arm’s Length Price (ALP) applicable to assessmen.....

Tags : Central Board of Direct Taxes, Transfer Pricing Tolerance Limit

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CBDT: People Not Having PAN Card Can File Form 60 Manually/Electronically Using E-Verification(12.06.2017)

Central Board of Direct Taxes (CBDT) has notified amended rules regarding furnishing of Form 60 either in manually or electronically by using e-verif.....

Tags : Central Board of Direct Taxes, Form 60, PAN Card

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CBDT: Bonds Issued by ‘Power Finance Corporation Ltd’ Are Eligible for Capital Gain Exemption(12.06.2017)

Central Board of Direct Taxes (CBDT) has notified that Capital Gain exemption under section 54EC of Income Tax Act is applicable to bonds issued by Po.....

Tags : Central Board of Direct Taxes, Capital Gain Exemption

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Risk Management and Inter-bank Dealings - Hedging of Foreign Exchange Risk-Date of Implementation(18.05.2020)

1. A reference is invited to the Directions on Hedging of Foreign Exchange Risk issued vide A.P. (DIR Series) Circular No. 29 dated April 7, 2020. The.....

Tags : Risk Management, Inter-bank Dealings, Directions

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Show cause notice issued under section 28 of the Customs Act, 1962 in the case of M/s. Blue-Fin Frozen Foods Pvt. Ltd.- Section 28(9A)(c)(13.03.2023)

1. Reference is invited to your letter vide F. No. S/26-211/ADJ.DRI/Torrent/2019-20 dated 01.02.2023 (read with letters dated 09.01.2023 and 06.03.202.....

Tags : SCN, Duty, Recovery

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International Financial Services Centres Authority grants recognition to NSE IFSC Clearing Corporation Limited for one year(26.05.2022)

The International Financial Services Centres Authority, having considered the application for grant of recognition under Regulation 12 of the Internat.....

Tags : IFSCA, Recognition, NSE IFSC

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Implementation of Hon'ble Supreme Court direction in judgment dated 28.04.2023 in matter relating to ' pre-import condition'(08.06.2023)

1. Reference is drawn to the Hon'b1e Supreme Court's judgment dated 28.04.2023 in matter of Civil Appeal No. 290 of 2023 (UOI and others vs. Cosmo Fil.....

Tags : Implementation, Supreme Court, direction

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RBI Relaxes Norms on Loans to CEOs, Directors of Banks(17.09.2015)

RBI has said that loans granted to CEO and Whole Time Director of banks for purchasing car, personal computer, furniture, constructing/acquiring house.....

Tags : RBI, Loans to CEOs, Directors of Banks

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Madras High Court: Primary Evidence of Electronic Record Admissible Without Compliance U/S 65(B)(23.05.2017)

Madras High Court has observed that primary evidence of electronic record under Section 62 of Indian Evidence Act, 1872 would be admissible in evidenc.....

Tags : Madras High Court, Electronic Record , Evidence

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Delhi High Court: DRI Has No Jurisdiction to File Writ Against Order of Settlement Commission(23.05.2017)

Delhi High Court has held that Directorate of Revenue Intelligence (DRI) has no jurisdiction to file Writ Petition under Article 226 of Constitution o.....

Tags : Delhi High Court, Settlement Commission, Directorate of Revenue Intelligence

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CBDT Forms Committee to Recommend Measures For Expeditious Recovery of Tax Arrears(29.05.2017)

Central Board of Direct Taxes (CBDT) has issued an Office Memorandum to constitute a 7 member committee to recommend measures for expeditious recovery.....

Tags : Central Board of Direct Taxes, tax arrears

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NCLT: Appointing New Directors Without Consent of Petitioner Shareholders Amounts to 'Oppression'(30.05.2017)

NCLT has held that increasing authorised share capital of company, appointing additional directors and transferring shares to non-members without noti.....

Tags : NCLT, additional directors, Oppression

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CBDT Asks Taxpayers to Link Aadhaar with PAN Using SMS(31.05.2017)

Central Board of Direct Taxes (CBDT) has directed taxpayers to link their Aadhaar with their PAN, using an SMS-based facility.

Tags : Central Board of Direct Taxes, Aadhaar, PAN

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CBDT: No Need to Submit Form 15G/15H Every Time When Payment is Due(01.06.2017)

Central Board of Direct Taxes (CBDT) has clarified that Form 15G/15H need not be filed every time when payment is due, instead the depositor is requir.....

Tags : Central Board of Direct Taxes, Form 15G/15H

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Grant of recognition to NSDL Database Management Limited (NDML) as an accreditation agency(10.05.2022)

Amendments to SEBI (Alternative Investment Funds) Regulations, 2012 [Last amended on March 16, 2022] SEBI (Portfolio Managers) Regulations, 2020 [Last.....

Tags : Grant, Recognition, NSDL

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TRAI issues Direction for deploying Artificial Intelligence and Machine Learning based UCC_Detect system under TCCCPR, 2018(13.06.2023)

TRAI has directed all Access Providers to deploy Artificial Intelligence and Machine Learning based UCC_Detect system to detect, identify, and act aga.....

Tags : Direction, Deployment, Artificial Intelligence

read»

NGT Junks Petition Explaining Importance of Bursting Firecrackers on Festivals(13.10.2015)

National Green Tribunal (NGT) has junked a petition on how bursting firecrackers is an essential part of Hindu religion and should not be regulated or.....

Tags : National Green Tribunal (NGT) , Firecrackers

read»

Madras HC Summons Principal Secretary, Department of School Education(21.09.2016)

Madras HC has directed Principal Secretary, Department of School Education, to appear in court with records on November 7 in connection with a public .....

Tags : Madras HC , Principal Secretary, Department of School Education, unrecognised schools

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CBDT Issues New Scrutiny Notices with E-Facility for Taxpayers(27.06.2017)

Central Board of Direct Taxes (CBDT) has notified revised income tax scrutiny notices enabling tax payers to resolve issues arising out of scrutiny of.....

Tags : Central Board of Direct Taxes

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CBDT Enters into Five Unilateral Advance Pricing Agreement with Indian Taxpayers(29.06.2017)

Central Board of Direct Taxes (CBDT) has entered into Five Unilateral Advance Pricing Agreement with Indian taxpayers during June, 2017.

Tags : Central Board of Direct Taxes, Advance Pricing Agreements

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Supreme Court Asks AORs To Register For E-filing On New Website(03.07.2017)

Supreme Court Registry has issued a notice requesting Advocates-On-Record (AORs) to register themselves on new Website of Supreme Court for accessing.....

Tags : Supreme Court, Advocates-On-Record

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CBDT: Property Advance Above Rs. 20,000 Must be Disclosed in Audit Report(05.07.2017)

Central Board of Direct Taxes (CBDT) has notified that property advance of Rs. 20,000 should be disclosed in audit report u/s 44AB of Income Tax Act.

Tags : Central Board of Direct Taxes, Income Tax Act

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CBDT: Rs 2 Lakh Cash Ban Shall Not Apply on One Installment for Loan for NBFCs(06.07.2017)

Central Board of Direct Taxes (CBDT) has clarified that prohibition on cash transactions upto Rupees 2 lakhs under section 269ST of Income Tax Act doe.....

Tags : Central Board of Direct Taxes, Cash Ban

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RBI grants ‘in-principle’ approval to three applicants for setting up TReDS(24.11.2015)

The Reserve Bank of India has granted ‘in-principle’ approval to NSE Strategic Investment Corporation, Axis Bank and Mynd Solutions to set up and ope.....

Tags : Trade receivables, msme, applicants, approval

read»

Direction to Copyright Societies regarding alleged collection of royalties(24.07.2023)

1. Department of Promotion of Industry and Internal Trade (DPIIT) has received several complaints, representations, grievances from the general public.....

Tags : Direction, Copyright Societies, Royalties

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DRT has no jurisdiction to hear un-appointed debenture trustee(07.03.2016)

In a claim for recovery made by a debenture trustee of debentures of a company on behalf of or for the benefit of the debenture holders, the Debt Reco.....

Tags : Debenture trustee, tribunal, debt recovery

read»

Appellant cannot claim a vested right to have entries in school record corrected(23.01.2017)

Appellant/writ petitioner appeared for Class-X Board Examination conducted by Central Board of Secondary Education (CBSE) in month of March, 2015 and .....

Tags : Records, Change of name, Application

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Supreme Court Directs Handing Over of Ex-CBI Director Sinha’s Visitors’ Diary to Panel(08.12.2015)

Supreme Court has allowed an investigation team to access original visitors’ diary at ex-CBI director Ranjit Sinha’s residence. The team is investigat.....

Tags : Supreme Court , ex-CBI director Ranjit Sinha

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CBDT: Sebi-Registered FPIs get I-T Filing Relief(11.12.2015)

Central Board of Direct Taxes (CBDT) has clarified that incomplete or deficient returns filed by Foreign Portfolio Investors (FPIs) would not be treat.....

Tags : Central Board of Direct Taxes , Foreign Portfolio Investors

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CBDT Increases Monetary Limit for Court Appeal by Income Tax (I -T) Department(14.12.2015)

Central Board of Direct Taxes (CBDT) in order to cut down on frivolous litigation and taxpayers grievances, has issued fresh directions revising monet.....

Tags : Central Board of Direct Taxes, Monetary Limit for Court Appeal

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Karnataka HC Directs State Government to Fill Vacancies in Police Department(08.11.2016)

Karnataka High Court has issued directions to State Government to make an ‘Action Plan for Structured Annual Recruitment’ and to strengthen recruitmen.....

Tags : Karnataka High Court, Annual Recruitment, Police Department

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Madras HC Questions Appointment of CM Favored Candidate for DME Post Without Considering Merit(14.11.2016)

Madras High Court has pointed out that Chief Minister Jayalalithaa had accepted a proposal early this year heavily loaded in favour of a Government Do.....

Tags : Madras High Court, Director of Medical Education, Jayalalithaa

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Supreme Court: Only AOR's Can Mention Cases For Out-of-turn Hearing(20.09.2017)

Supreme Court has put an end to old practice of allowing senior lawyers to mention cases seeking their out-of-turn listing and hearing. The Court made.....

Tags : Supreme Court, Advocates-on-Record

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A bidder who, submits a bid being fully aware of tender conditions, cannot after award of tender, seek a modification therein(16.03.2017)

Petitioner impugns the directions of Respondent in banning Petitioner for a period of three years from entering into any business dealings with Respon.....

Tags : Directions, Ban, Validity

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Directions under Sec. 35A r/w Sec. 56 of Banking Regulation Act, 1949 - Malkapur Urban Co-operative Bank Ltd., Buldhana, Maharashtra - Extension of Period(24.08.2022)

1. The Reserve Bank of India issued Directions to The Malkapur Urban Co-operative Bank Ltd., Buldhana, Maharashtra under Section 35A read with Section.....

Tags : Directions, Extension, Period

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Digitalization of Supreme Court and High Court Records(10.08.2023)

Digitization of court records is an administrative matter falling under the domain of the respective High Courts and the Supreme Court of India and th.....

Tags : Digitalization, Records, E-Governance

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Mandatory Safety Audits(10.08.2023)

Road Safety audit (RSA) is an essential part of any National Highway development project. RSA is carried out at different stages namely during design,.....

Tags : Safety Audits, Recommendation, Implementation

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Govt. Eases FDI Norms in 15 Major Sectors(16.11.2015)

Government has eased Foreign Direct Investment (FDI) norms in 15 major sectors including defence, civil aviation, broadcasting, to attract overseas fu.....

Tags : Government , Foreign Direct Investment

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Delhi HC Seeks Govt.'s Response on Chautala's Parole(19.11.2015)

Delhi High Court has sought Delhi Government's response on plea of former Haryana Chief Minister Om Prakash Chautala, serving 10-year jail term in a t.....

Tags : Delhi High Court, Haryana Chief Minister Om Prakash Chautala,teachers' recruitment scam case

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CBDT Issues Final Rules for Taxing Share Buy Back by Companies(20.10.2016)

Central Board of Direct Taxes (CBDT) has introduced new Rule 44BB for computing amount received by a company in respect of issue of share for computin.....

Tags : Central Board of Direct Taxes, Rule 44BB, Buy Back

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Karnataka HC Summons Vijay Mallya to Appear on 24 November(21.10.2016)

Karnataka High Court has summoned Vijay Mallya to appear before it on 24 November for allegedly violating an “oral undertaking” given before Bengaluru.....

Tags : Karnataka High Court, Vijay Mallya, Debt Recovery Tribunal

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Madras HC Directs ADGP to Consider Transferring Policeman on Heath Grounds(21.10.2016)

Madras High Court has directed Additional Director General of Police (ADGP) to consider a plea made by a policeman suffering from Guillain Barre Syndr.....

Tags : Madras High Court, Additional Director General of Police, Guillain Barre Syndrome

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Allahabad High Court Disallows Parallel Proceedings in NCLT and DRT(12.09.2017)

Allahabad High Court has barred parallel proceedings in National Company Law Tribunal (NCLT) and the Debt Recovery Tribunal (DRT) in a case between St.....

Tags : Allahabad High Court, National Company Law Tribunal, Debt Recovery Tribunal

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Recommended persons list if not sorted by category does not vitiate selection process(19.08.2015)

In a suit initiated by retired district judges aspiring for the post of President of the District Consumer Disputes Redressal Forum for various distri.....

Tags : Select committee, category, list, recommendations

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It is for State Disaster Management Authority to constitute one or more Advisory Committee as and when it becomes necessary to do so on different aspects of disaster management(08.05.2017)

Present writ petitions were filed under Article 32 of Constitution consequent upon un-precedented flood and landslide disaster that occurred in Uttara.....

Tags : Enactment, Implementation, Direction

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Rajasthan HC Directs DGP to Monitor Investigation in 18cr Land Case(02.12.2015)

Rajasthan High Court has directed Director General of Police (DGP) Manoj Bhatt to monitor investigation into a cheating case involving Rs 18 crore in .....

Tags : Rajasthan High Court, Director General of Police Manoj Bhatt

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CBDT Notifies Emails as New Communication Mode with Taxpayers(07.12.2015)

Central Board of Direct Taxes (CBDT) has notified use of emails as new mode of communication between taxman and taxpayers, as part of government's e-i.....

Tags : Central Board of Direct Taxes , emails

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Allahabad High Court Makes Delhi-Noida-Direct Flyway Toll Free(26.10.2016)

Allahabad High Court has ordered Delhi-Noida-Direct(DND) Flyway to be toll free with immediate effect.

Tags : Allahabad High Court, Delhi-Noida-Direct Flyway, Toll

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SC Refuses to Stay Allahabad HC Order Making DND Flyway Toll Free(28.10.2016)

Supreme Court has refused to put on hold Allahabad HC order to make Delhi-Noida-Direct (DND) Flyway toll-free.

Tags : Supreme Court, Allahabad HC, Delhi-Noida-Direct, Toll Free

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'No Firecracker Sale in Delhi-NCR This Diwali', Rules Supreme Court(09.10.2017)

Supreme Court has upheld its earlier verdict banning sale of firecrackers in the Delhi-NCR region ahead of Diwali. The Court said that it wants to tes.....

Tags : Supreme Court, Diwali, Firecrackers

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Supreme Court Refuses to Modify October 9 Order on Cracker Sales in Delhi-NCR(13.10.2017)

Supreme Court has refused to modify its October 9 order suspending the sale of firecrackers in Delhi-NCR till November 1.

Tags : Supreme Court, firecrackers

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P&H High Court: Burst Crackers Only From 6.30-9.30 pm on Diwali in UT, Punjab, Haryana(16.10.2017)

Punjab & Haryana High Court has fixed a three-hour slot for bursting of crackers on Diwali. “The bursting of firecrackers within territorial locations.....

Tags : Punjab & Haryana High Court, Firecrackers

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Govt. Issues Model Guidelines on Direct Selling(13.09.2016)

Government has issued model guidelines for State Governments to regulate the business of direct selling and multi-level marketing with an aim to prote.....

Tags : Government , Model Guidelines on Direct Selling

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Direct Tax Dispute Resolution Scheme, 2016 Can be Availed Up to 31st December, 2016(16.09.2016)

Direct Tax Dispute Resolution Scheme, 2016, which came into force from 1st June, 2016, can be availed up to 31st December, 2016.

Tags : Direct Tax Dispute Resolution Scheme, 2016

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CBDT: Trade Advances cannot be treated as ‘Deemed Dividend’(14.06.2017)

Central Board of Direct Taxes (CBDT) has clarified that trade advances would not attract provisions of “deemed dividend” under provisions of Section 2.....

Tags : Central Board of Direct Taxes, Income Tax Act

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CBDT: Payment of ‘Passenger Service Fee’ by an Airline to Airport Operator Does Not Attract TDS(14.06.2017)

Central Board of Direct Taxes (CBDT) has issued a circular clarifying that payment of ‘Passenger Service Fee’ made by an airline to Airport Operator d.....

Tags : Central Board of Direct Taxes, Passenger Service Fee

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CBDT Notifies Rule for Computing Interest Income for Secondary Adjustments Under Transfer Pricing(19.06.2017)

Central Board of Direct Taxes (CBDT) has amended Income Tax Rules, 1962 and inserted Rule 10CB for computing interest income for secondary adjustments.....

Tags : Central Board of Direct Taxes, Transfer Pricing

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CBDT Notifies Revised Form 3CE for APA Seeking Taxpayer Identification Number of AE(20.06.2017)

Central Board of Direct Taxes (CBDT) has notified revised Form 3CE for Advance Pricing Agreements (APAs) wherein furnishing of Taxpayer Identification.....

Tags : Central Board of Direct Taxes, Advance Pricing Agreements

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ITAT Chandigarh: Interest from Bank Deposits Prior to Commencement of Business is Capital Receipt(20.06.2017)

ITAT Chandigarh has held that interest from Bank deposits prior to the period of commencement of business is Capital receipt.

Tags : ITAT Chandigarh, Capital Receipt

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Madras HC Sets Aside RoC’s Order Disqualifying Directors For Non-Filing of Financial Statements(08.08.2018)

Madras High Court has set aside the disqualification of directors of private companies for failure to file annual returns/ financial statement for thr.....

Tags : Madras High Court, Directors

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RBI: Aadhaar is Not Mandatory for DBT Scheme(15.01.2016)

Reserve Bank of India (RBI) has said in a clarification on Direct Benefit Transfer (DBT) Scheme that use of Aadhaar cards and seeding of bank accounts.....

Tags : Reserve Bank of India, Direct Benefit Transfer, Aadhaar

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NGT Directs Firecracker Firm to Stop Production(20.01.2016)

National Green Tribunal (NGT), Pune, has ordered Suraj Firecrackers in Solapur to stop production of firecrackers due to its impact on animals, enviro.....

Tags : National Green Tribunal , Suraj Firecrackers

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FIR Against PVR's Directors, Promoters for Cheating, Forgery(29.11.2017)

FIR Against PVR's Directors, Promoters for Cheating, Forgery

Tags : The case came to light when Elan Group filed a complaint in the court, which on November 17 directed the local police to register an FIR against Chairman and Managing Director of PVR Limited Ajay Bijli, and directors Niharika Bijli, Sanjeev Kumar Bijli and others.

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Patrons of Accused Still Outside CBI Net, Says Vyapam Whistle Blower(29.11.2017)

Patrons of Accused Still Outside CBI Net, Says Vyapam Whistle Blower

Tags : Rai on Thursday filed, in the CBI court, applications opposing anticipatory bail pleas of SN Vijaywargiya of People's Medical College, NM Srivastava, the then joint director in the Medical Education Department, and Ajay Goenka of Chirayu Medical College besides an official of People's Medical College.

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7th Pay Commission: Pay Hike for 3610+ Judges of SC & HCs Approved(29.11.2017)

7th Pay Commission: Pay Hike for 3610+ Judges of SC & HCs Approved

Tags : The decision will directly impact the computation of salaries, gratuity, allowance structure, and pension of the in-service as well as retired judges of Supreme Court as well as High Courts across the country.

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Trial of Sohrabuddin Sheikh Fake Encounter Case to Start From Next Week(29.11.2017)

Trial of Sohrabuddin Sheikh Fake Encounter Case to Start From Next Week

Tags : "The court has issued summons to Sohrabuddin's brother Nayamuddin and some others, and the recording of evidence will start from November 29," said special CBI prosecutor B P Raju.

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Prior Permission Mandatory for Erecting Flag Poles: Madras High Court(10.12.2018)

Madras High Court has directed local administration department authorities to ensure that no one can erect flag poles or arches along/across public ro.....

Tags : Madras High Court, Erecting Flag Poles

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Salient features and Guidelines of PM Vishwakarma Scheme(20.09.2023)

PM Vishwakarma, a Central Sector Scheme, was launched on 17th September, 2023 by the Prime Minister to provide end-to-end support to artisans and craf.....

Tags : Guidelines, Recognition of artisans, Vishwakarma Scheme

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Tribunal has power to recall witness on ground of mistake of an Advocate(28.04.2017)

Challenge in present petition is to order, by which learned Presiding Officer of Industrial Tribunal dismissed Petitioner's application for recall of .....

Tags : Cross-examination, Recall, Witness

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Amendment to the Master Direction (MD) on KYC(17.10.2023)

1. Please refer to the Master Direction (MD) on KYC dated February 25, 2016, as amended from time to time, in terms of which Regulated Entities (REs) .....

Tags : Amendment, Master Direction, KYC

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Joining the Account Aggregator Ecosystem as Financial Information User(26.10.2023)

1. This is with reference to the Master Direction - Non-Banking Financial Company - Account Aggregator (Reserve Bank) Directions, 2016.

2. It.....

Tags : Account Aggregator, FIU, Master direction

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RBI Issues 17 Master Directions Related to FEMA(05.01.2016)

Reserve Bank of India (RBI) has issued 17 Master Directions covering foreign exchange transactions on various regulatory issues in order to simplify .....

Tags : Reserve Bank of India, Master Directions

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Delhi HC to ED: Why Not Give Case Papers to Virbhadra(05.01.2016)

Delhi HC has questioned Enforcement Directorate (ED) on its refusal to furnish case documents to Himachal Pradesh Chief Minister Virbhadra Singh who i.....

Tags : Delhi HC , Virbhadra Singh , Enforcement Directorate

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Bombay HC Rejects Bail Plea of Navi Mumbai’s Creche Owner(16.12.2016)

Bombay HC, while calling it unfortunate that State Government had failed to rein in untrained people running creches without abiding by rules and regu.....

Tags : Bombay HC, anticipatory bail, creches

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Delhi HC Strikes Down Certain Parts of ICDS Provisions and CBDT Notifications(09.11.2017)

Delhi High Court has struck down Parts II, III, VI, VII and VIII of the Income Computation and Disclosure Standards (ICDS) and certain connected Notif.....

Tags : Delhi High Court, Income Computation and Disclosure Standards, Central Board of Direct Taxes

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Company is Eligible to Claim Deduction of Educational Expenses of Director: ITAT(22.11.2018)

Income Tax Appellate Tribunal (ITAT), Mumbai has held that education expenses incurred by a company for its Director are eligible for deduction under .....

Tags : ITAT, Mumbai, Director education expense, GST'

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SC Directs All High Courts to Furnish English Translation of Original Records(26.11.2018)

Supreme Court has directed the Registrar General of all High Courts to furnish the translation of the Original Records in English language from vernac.....

Tags : Supreme Court, Records, English Language

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Correctness of HC Judgment Approved by SC can’t be Examined in Full Bench Reference: SC(28.11.2018)

Supreme Court has upheld a full bench order of the Allahabad High Court turning down a reference to it seeking to examine correctness of a division be.....

Tags : Supreme Court, Correctness of High Court Judgment

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High-Level Committee approves the Recovery and Reconstruction (R&R) plan of Rs. 1658.17 crore for Joshimath(30.11.2023)

Under the leadership of the Prime Minister Shri Narendra Modi, all technical agencies under the guidance of NDMA were put into action and they helped .....

Tags : Committee, Approval, Reconstruction plan

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High-Level Committee approves the Recovery and Reconstruction (R&R) plan of Rs. 1658.17 crore for Joshimath(30.11.2023)

Under the leadership of the Prime Minister Shri Narendra Modi, all technical agencies under the guidance of NDMA were put into action and they helped .....

Tags : Committee, Approval, Reconstruction plan

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Court may direct party to suit, in possession of a document, to produce the same during pendency of suit(08.05.2017)

Present chamber appeal has been preferred by Defendants against order passed by Joint Registrar (Judicial), whereby Plaintiff's application under Sect.....

Tags : Documents, Production, Direction

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Court has power to direct further investigation in interest of complete and fair investigation(12.05.2017)

Present criminal misc. petition under Section 482 of Code of Criminal Procedure, 1973 (Cr.P.C.) has been preferred for quashing of FIR registered as w.....

Tags : Investigation, Direction, Scope

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Government extends the specified time limit for issuance of order for recovery of tax not paid or short paid or of input tax credit wrongly availed or utilized(28.12.2023)

In exercise of the powers conferred by section 168A of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereinafter referred to as the said .....

Tags : Time limit, Extension, recovery of tax

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MHP Exemption for Transfer of Receivables(28.12.2023)

1. This is with reference to clause 39, of the Master Direction - Reserve Bank of India (Transfer of Loan Exposures) Directions, 2021 ("MD-TLE"), rega.....

Tags : MHP Exemption, Receivables

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It is settled law that, what cannot be done directly, cannot be done indirectly(03.07.2017)

Instant Appeal arises from a Writ Petition filed by Manipal University (formerly known as Manipal Academy of Higher Education) and Ors., wherein High .....

Tags : Quota, Direction, Validity

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Amendment to the Master Direction (MD) on KYC(04.01.2024)

1. Please refer to the Master Direction (MD) on KYC dated February 25, 2016, as amended from time to time, in terms of which Regulated Entities (REs) .....

Tags : Amendment, Master Direction, KYC

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Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 - Ramgarhia Co-operative Bank Ltd, New Delhi - Extension of Period(08.01.2024)

1. The Reserve Bank of India, vide directive DEL.DOS.EXG_SSM No. S515/12-10- 013/2022-23 dated July 07, 2022, had placed Ramgarhia Co-operative Bank L.....

Tags : Directions, Extension, Period

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Directives under Rule 126 of Explosives Rules 2008(03.04.2017)

A recent accident during display of fireworks at Paravoor, Kerala has brought out several discrepancies such as lack of effective enforcement of the E.....

Tags : Explosives Rules, Enforcement, Directives

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Reserve Bank of India imposes monetary penalty on Punjab National Bank(27.03.2019)

Reference is invited to the Press Release No. 2018-2019/2144 dated March 08, 2019 regarding imposition of penalty on 36 banks for non-compliance with .....

Tags : Direction, Non-compliance, Penalty, Imposition

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Action against Paytm Payments Bank Ltd under Section 35A of the Banking Regulation Act, 1949(31.01.2024)

1. In Press Release dated March 11, 2022, the Reserve Bank of India, in exercise of its powers under section 35A of the Banking Regulation Act, 1949, .....

Tags : Paytm Payments Bank, Direction

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Central Board of Direct Taxes: IT Department to Pay Interest on TDS Refund(27.04.2016)

Central Board of Direct Taxes has issued directive and said that Income Tax department will now add interest amount to a delayed refund made on excess.....

Tags : Central Board of Direct Taxes , TDS Refund

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CBDT: Assesse Having Annual Income of over Rs 50 Lakh Must Declare Cost Price of Expensive Assets(05.05.2016)

Central Board of Direct Taxes (CBDT) has said people with annual income of over Rs 50 lakh will have to disclose the acquisition cost of all the asset.....

Tags : Central Board of Direct Taxes

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CBDT Directs to Pay 100% Advance Tax Before 15th March(15.03.2018)

Central Board of Direct Taxes (CBDT) has asked the taxpayers to pay fourth and final installment (100 percent) advance tax before 15th March 2018.

Tags : Central Board of Direct Taxes

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Display Information on School Recognition: Madras High Court(19.03.2018)

Madras High Court has directed the State education authorities to ensure display of information relating to grant of recognition in front of the SVS I.....

Tags : Madras High Court, School, Recognition

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Only Specific Courts Can Deal with Child Marriage, Child Sexual Abuse Cases: Madras HC(19.03.2018)

Madras High Court has reiterated that not all courts can simply grant bail to those accused in child marriage and child sexual abuse cases.

Tags : Madras High Court, School, Recognition

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SERVICE - Relaxation of Recruitment Rules Impermissible if Advertisement Did Not Mention About It: SC(25.02.2019)

Supreme Court has held that exercise of power of relaxation of Recruitment Rules cannot be done if the existence of such power was not mentioned in th.....

Tags : Supreme Court, Relaxation of Recruitment Rules

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CIVIL - Madras HC Allows Tamil Nadu Assembly to Recover Salary Paid to Disqualified MLA(27.02.2019)

Madras High Court has allowed Tamil Nadu legislative assembly to recover a sum of Rs 21.58 lakh paid as salary and allowances to an MLA who was later .....

Tags : Madras High Court, Recover Salary Paid to Disqualified MLA

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Directives regarding submission of digitized Aayat Niryat Forms (ANFs) and Appendices pursuant to the Foreign Trade Policy(02.04.2024)

1. In adherence to the Directorate General of Foreign Trade's commitment to facilitating exports and imports, emphasizing efficient, transparent, and .....

Tags : Directives, Submission, ANFs

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Action against IIFL Finance Limited under Section 45L(1)(b) of the Reserve Bank of India Act, 1934(04.03.2024)

The Reserve Bank of India has, in exercise of its powers under Section 45L(1)(b) of the Reserve Bank of India Act, 1934, directed IIFL Finance Ltd. (".....

Tags : Gold loan, Sanctioning of, Direction

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Insurance Company cannot repudiate claim in toto in case of loss of vehicle due to theft(13.07.2017)

Challenge in present Revision Petition under Section 21(b) of Consumer Protection Act, 1986 is to order passed by Maharashtra State Consumer Disputes .....

Tags : Compensation, Payment, Direction, Validity

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Clarification regarding prudential norms on income recognition, asset classification and provisioning pertaining to advances(15.02.2022)

1. Please refer to the clarifications issued in respect of Prudential norms on Income Recognition, Asset Classification and Provisioning vide circular.....

Tags : Prudential norms, Income recognition, Clarifications

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EU-India join forces to promote start-up collaboration on Recycling of E-Vehicles Batteries under Trade and Technology Council(09.04.2024)

The European Union (EU) and India today launched an Expression of Interest (EoI) for startups working in Battery Recycling Technologies for Electric V.....

Tags : Collaboration, Recycling, E-Vehicles Batteries

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Directions under Section 35A read with section 56 of the Banking Regulation Act, 1949 -The Shirpur Merchants' Co-operative Bank Ltd., Shirpur(08.04.2024)

1. It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35A of the Banking Reg.....

Tags : Directions, Loans, Prior approval

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CBDT Relaxes Taxation Norms for Bonds, Debentures Held by Companies(23.03.2016)

Central Board of Direct Taxes (CBDT), while easing the norms, has said capital gains tax will be computed from the date of acquisition of financial in.....

Tags : Central Board of Direct Taxes , Bonds, Debentures

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SC Junks Plea to Inquire Bribery Charges Against Ranjit Sinha(07.04.2016)

SC has dismissed a plea to order an inquiry into bribery allegations against Ex- CBI Director Ranjit Sinha, accused of demanding money from a person f.....

Tags : SC , Ex- CBI Director Ranjit Sinha

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Supreme Court Refuses to Lift Ban on Firecracker Sale(13.02.2017)

Supreme Court has extended its November 2016 ban on sale and stockpiling of firecrackers in Delhi-NCR despite pleas made by traders to modify order.

Tags : Supreme Court, firecrackers

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Magistrate Not Liable to Record Reasons for Summoning Accused in Case Instituted on Police Report: SC(06.02.2019)

Supreme Court has re-iterated that in a case based upon the police report, the Magistrate is not required to record any reason at the stage of issuing.....

Tags : Supreme Court, Magistrate Not Liable to Record Reasons for Summoning Accused in Case Instituted on Police Report

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Revenue Record Entries can be Challenged on Ground That it was Made Fraudulently: SC(06.02.2019)

Supreme Court has reiterated that the entries in the revenue records can be challenged on the ground that it was made fraudulently or surreptitiously.

Tags : Supreme Court, Revenue Record Entries

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Successive Applications for Recalling Witnesses Should Not be Encouraged: SC(12.02.2019)

Supreme Court has observed that filing of successive applications for recall of a witness under Section 311 of the Code of Criminal Procedure should n.....

Tags : Supreme Court, Recalling Witnesses

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SC Holds CBI Add. Director Nageswara Rao Guilty of Contempt of Court(12.02.2019)

Supreme Court has held CBI Additional Director M. Nageswara Rao guilty of contempt of court for transferring the investigating officer heading the pro.....

Tags : Supreme Court, CBI Add. Director Nageswara Rao

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Central Government directs specified modification in convention between the Republic of India and the Kingdom of Spain(19.03.2024)

Whereas, the Convention between the Government of the Republic of India and the Kingdom of Spain for the avoidance of double taxation and the preventi.....

Tags : Modification, Convention, Direction

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Directives regarding submission of digitized Aayat Niryat Forms (ANFs) and Appendices pursuant to the Foreign Trade Policy(02.04.2024)

1. In adherence to the Directorate General of Foreign Trade's commitment to facilitating exports and imports, emphasizing efficient, transparent, and .....

Tags : Directives, Submission, ANFs

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Supreme Court need not re-appreciate evidence while affirming the judgments of Courts below in criminal cases(16.11.2017)

In facts of present case, the Animal Husbandry Officer, received information that wrongful withdrawal of treasury bills was being made. He constituted.....

Tags : Conviction, Re-appreciation, Evidence

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CBDT Provides Investors Tax Relief on Investment Gains(10.03.2016)

Central Board of Direct Taxes (CBDT), in order to reduce litigations between investors and the Income-Tax Department, has allowed investors to decide .....

Tags : Central Board of Direct Taxes, Investment Gains

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Government Caps Depreciation Rate at 40% a Year(10.03.2016)

Government has capped rate of deduction under accelerated depreciation, as a result many companies could see their tax liability going up and cash flo.....

Tags : Government , Depreciation Rate

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Supreme Court Asks Centre to Issue Fresh Notification on Appointment of ED Director(31.01.2017)

Supreme Court has directed Centre to issue a fresh notification within a week on appointment of Karnal Singh as director of Enforcement Directorate (E.....

Tags : Supreme Court, Enforcement Directorate, Director

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Supreme Court: Officer's 'Annual Confidential Report' Forms Part of His 'Service Record'(03.02.2017)

Supreme Court has held that Annual Confidential Report (ACR) of an officer forms a part of his ‘service record’ and that the same could not be ignored.....

Tags : Supreme Court, Annual Confidential Report, service record

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CIVIL - SC Strikes Down Rule 5A of Bihar Civil Service(Judicial Branch)(Recruitment) Rules(21.02.2019)

Supreme Court has struck down Rule 5A of Bihar Civil Service(Judicial Branch)(Recruitment) Rules 1995, as per which only 10% of the candidates who app.....

Tags : Supreme Court, Bihar Civil Service(Judicial Branch)(Recruitment) Rules

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CIVIL - SC Issues Directions to Improve Conditions of Subordinate Judiciary in States(21.02.2019)

Supreme Court has passed a slew of directions for improving conditions of subordinate judiciary in states and asked Central Government to ensure that .....

Tags : Supreme Court, Directions to Improve Conditions of Subordinate Judiciary

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CERT-In issues directions relating to information security practices, procedure, prevention, response and reporting of cyber incidents for safe and trusted internet(28.04.2022)

The Indian Computer Emergency Response Team (CERT-In) serves as the national agency for performing various functions in the area of cyber security in .....

Tags : CERT, Directions, Safe internet

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Mere non-supply of the inquiry report does not automatically warrant reinstatement of the delinquent employee(10.11.2017)

The Respondent was appointed as a driver with the Appellants-Road Transport Corporation. On 27th October, 1995 while driving a vehicle on Karnal-Harid.....

Tags : Reinstatement, Direction, Validity

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Mutual Recognition Agreement between India and Taiwan for Organic Products(10.07.2024)

The Mutual Recognition Agreement (MRA) for organic products between India and Taiwan has been implemented w.e.f. 8th July 2024 during the 9th Working .....

Tags : Mutual Recognition Agreement, Organic Products

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TRAI releases recommendations on 'Licensing Framework for Establishing and Operating Satellite Earth Station Gateway (SESG)'(29.11.2022)

1. The Telecom Regulatory Authority of India (TRAI) has today released recommendations on 'Licensing Framework for Establishing and Operating Satellit.....

Tags : Recommendations, Licensing, SESG

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CBDT Announces Aug 31 as Last Date for Clearing Pending ITRs, Refunds(09.05.2016)

Central Board of Direct Taxes (CBDT) has declared August 31 as deadline for taxpayers whose ITRs for six assessment years between 2009-10 and 2014-15 .....

Tags : Central Board of Direct Taxes , ITRs

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CCI Rejects Allegations of Anti-Competitive Practices against REC Power Distribution Company(20.05.2016)

Competition Commission India (CCI) has rejected allegations of anti-competitive practices against REC Power Distribution Company even as it said that .....

Tags : Competition Commission India, REC

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CBDT: Corrupt Can’t Use Black Money Window(23.05.2016)

Central Board of Direct Taxes (CBDT) has said that corrupt individuals will not be eligible to declare their black money under compliance window that .....

Tags : Central Board of Direct Taxes, Black Money Window

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CBDT: Publishing Houses Eligible to Claim Additional Depreciation(24.05.2016)

Central Board of Direct Taxes (CBDT) has clarified that publishing houses can claim additional depreciation on plant and machinery deployed by them as.....

Tags : Central Board of Direct Taxes, Additional Depriciation, publishing houses

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CBDT Issues Draft Rules to Compute Fair Market Value of Foreign Firms(24.05.2016)

Central Board of Direct Taxes (CBDT) has taken the steps for implementing the controversial ‘indirect transfer’ provisions by issuing draft rules to s.....

Tags : Central Board of Direct Taxes, indirect transfer’ provisions

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COMPANY - Cheque Bounce Case Against Director: Must be Proved that Director responsible for Company's Conduct(11.03.2019)

Supreme Court has reiterated that, a 'cheque bounce' complaint against a Company and its Director, must contain a specific averment that Director was .....

Tags : Supreme Court, Cheque Bounce Case Against Director

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Delhi High Court Seeks Govt’s Reply on Reconstruction of Minority School(13.08.2015)

Delhi High Court has directed State Government to file its response to a PIL filed by civil activist Firoz Bakht Ahmed, seeking reconstruction of a bu.....

Tags : Delhi High Court , Reconstruction of Minority School

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Rajya Sabha Passes a Bill to Expedite Disposal of Debt Recovery Applications(10.08.2016)

Rajya Sabha has passed the Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Bill, 2016, which amen.....

Tags : Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Bill, 2016, Rajya Sabha

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Supreme Court: Speedy Recovery Proceedings Is the Need of the Day(19.04.2017)

SC, while upholding Rule 5 of MP Micro & Small Enterprises Facilitation Council Rules, 2006, which provides for recovery of amount for which award is .....

Tags : Supreme Court, Speedy Recovery Proceedings

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SC Allows Plea to Record Evidence of a Nigerian Doctor Through Video Conferencing(17.04.2019)

Supreme Court has allowed a plea to record evidence of a Nigerian doctor who conducted post mortem of deceased via video conferencing.

Tags : Supreme Court, Plea to Record Evidence, Video Conferencing

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Receipt from Patients Shared with Consulting Doctors in Fixed Ratio Subject to TDS: Bombay HC(17.04.2019)

Bombay High Court has held that sharing of receipts received from patients with consultant doctors in fixed ratio was liable for Tax Deduction at Sour.....

Tags : Bombay High Court, Receipt from Patients

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ITAT Slams Tax Dept. for Negligence in Maintaining Records(19.04.2019)

Income Tax Appellate Tribunal (ITAT), Pune bench has criticised income tax department for its negligence in keeping records while granting Section 12A.....

Tags : ITAT, Negligence, Maintaining Records

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State Human Rights Commission is only a recommendatory body and has no power and jurisdiction to direct payment of compensation.(07.11.2017)

The present petition is filed by the Chhattisgarh State Electricity Board (Petitioner) for challenging the order passed by the Chhattisgarh Human Righ.....

Tags : Human Rights Commission, Compensation, Recommendatory Authority

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Pure finding of fact based on appreciation of evidence not to be interfered with, in exercise of jurisdiction(11.12.2017)

Instant appeal has been filed against the judgment of High Court by which judgment High Court has allowed the Revision and set aside the order passed .....

Tags : Eviction, Rent, Recovery

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CBDT releases key Direct Tax Statistics through Time-Series data(23.01.2024)

The Central Board of Direct Taxes (CBDT) has been releasing key statistics relating to Direct Tax collections and administration in public domain from.....

Tags : Direct Tax, Statistics, Release

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Extension of validity of Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) - Indian Mercantile Co-operative Bank Ltd., Lucknow (U.P.)(25.10.2022)

The Reserve Bank of India (RBI) has extended the directions issued to the Indian Mercantile Co-operative Bank Ltd., Lucknow (U.P.) for a period of thr.....

Tags : Extension, Validity, Directions

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Punjab and Haryana HC Issues Notice to Punjab on Petition Seeking Increase in Upper Age Limit(16.12.2015)

Punjab and Haryana HC has issued notice to Punjab Government on a petition seeking an increase in upper age limit for recruitment of teachers of maste.....

Tags : Punjab and Haryana HC, Upper Age Limit , recruitment of teachers of masters and lecturer cadre

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CBDT Notifies New Income Tax Department Authority to Deal with Black Money Window(18.12.2015)

Central Board of Direct Taxation (CBDT) has notified new Income Tax department authority which will now be empowered to receive due taxes and penalty .....

Tags : Central Board of Direct Taxation, Income Tax department authority, Black Money Window

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Allahabad High Court to State: Consider Banning Firecrackers to Check Air Pollution(18.11.2016)

Allahabad High Court has directed State Government to consider imposing ban on use of generators and firecrackers to check air pollution.

Tags : Allahabad High Court, Air Pollution, firecrackers

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NGT Asks All States to Issue Guidelines on Manufacture, Sale & Burning of Firecrackers(21.11.2016)

National Green Tribunal (NGT) Asks all States to issue guidelines on manufacture, sale and burning of firecrackers keeping in mind that these were a m.....

Tags : National Green Tribunal, firecrackers, guidelines, pollution

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CBI Case: CVC Submits Report, SC Asks Alok Verma to Respond(16.11.2018)

Supreme Court has said that CBI Director Alok Verma should be given the CVC report on the allegations against him and asked Alok Verma to file his res.....

Tags : CBI, Director, Alok Verma

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Calcutta High Court Judge Accepts Recusal Plea on Ground of Being Facebook Friend with Lawyer(16.09.2019)

Calcutta High Court Judge has recused himself from a hearing a matter after a party raised objection over his being a Facebook friend of an appearing .....

Tags : Calcutta High Court, Recusal

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Continuance in service for long period on part-time or temporary basis confers no right to seek regularisation in service(07.03.2017)

Present Civil Appeal arises out of judgment of High Court of Judicature at Madras dismissing Writ Appeal thereby affirming order of Single Judge dire.....

Tags : Regularization, Direction, Validity

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Supervisory jurisdiction would be exercised only in a case where order has been passed in flagrant violation of principles of natural justice or if same will result in miscarriage of justice(26.03.2018)

In instant petition filed under Section 104 of Constitution of Jammu and Kashmir read with Article 227 of Constitution of India, the Petitioner has as.....

Tags : Amount, Recovery, Supervisory jurisdiction, Invoking of

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Registered Recyclers on the E-Waste EPR Portal Under E-Waste (Management) Rules, 2022(16.04.2024)

MoEF&CC has notified E-Waste (Management) Rules, 2022, vide notification No. GSR 801(E) dated November 02, 2022. The rules are effective from April 01.....

Tags : Registered Recyclers, E-Waste, EPR Portal

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Securities and Exchange Board of India grants renewal of recognition to AMC Repo Clearing Limited(15.03.2023)

The Securities and Exchange Board of India, having considered the application for grant of renewal of recognition of AMC Repo Clearing Limited under R.....

Tags : Renewal, Recognition, Grant

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SC Junks Reckitt Benckiser Ad Claims for “Moov”(11.02.2016)

SC has upheld Kolkata-based consumer goods firm Emami's allegations against Reckitt Benckiser 's ad for its pain balm Moov, which had disparaged Emami.....

Tags : SC, Emami, Reckitt Benckiser

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Bombay HC Upholds Centre’s Move to Shift DRT From Mumbai to Vashi(03.01.2017)

Bombay High Court has upheld Centre’s decision to shift one of the Debt Recovery Tribunals (DRT) from Mumbai to a new site at Vashi, stating it did no.....

Tags : Bombay High Court, Debt Recovery Tribunals

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Supreme Court Asks Centre to Buckle Up Mechanism to Recover Bad Loans(03.01.2017)

Supreme Court has sought more clarity from Centre on the issue of tackling bad loans.

Tags : Supreme Court , Bad Loans , Debt Recovery

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Supreme Court Seeks List of Loan Defaulters from Central Govt.(04.01.2017)

Supreme Court has asked Centre to give list of "corporate entities" against whom outstanding loans were in excess of Rs 500 crore, besides seeking emp.....

Tags : Supreme Court, Debt Recovery Tribunals, Bad Loans

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Gujarat High Court Quashes MCA List of Disqualified Directors(27.12.2018)

Gujarat High Court has quashed the list of disqualified directors published by Ministry of Corporate Affairs (MCA) on September 12, 2017 and held that.....

Tags : Gujarat High Court, Disqualified Directors, Ministry of Corporate Affairs

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Worshipper can't Maintain Suit for Recovery of Possession of Temple Property: Kerala HC(07.01.2019)

Kerala High Court has allowed a second appeal on principle that a worshipper cannot maintain a suit for recover of possession of property dedicated to.....

Tags : Kerala High Court, Recovery of Possession of Temple Property

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CBDT Extends Due Date for Filing of IT Returns/Tax Audit Reports in Union Territories of J&K, Ladakh(01.11.2019)

Central Board of Direct Taxes (CBDT) has extended due date for filing of Income Tax Returns / Tax Audit Reports to 30th November, 2019 in respect of U.....

Tags : Central Board of Direct Taxes, CBDT,

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If an Institute seeks postponement of inspection date, it cannot be taken as a refusal for inspection on part of Institute(20.04.2018)

Vide the present petition, the Petitioner impugns the order passed by Respondent No. 1 as also the order passed by Respondent No. 2, whereby the Petit.....

Tags : Recognition, Inspection, Refusal

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Supreme Court: Courts Can Rely on Electronic Records Sans Certificate(05.02.2018)

Supreme Court has held that the requirement of a certificate to make an electronic evidence admissible is not mandatory "wherever interest of justice .....

Tags : Supreme Court, Electronic Records

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Madras High Court Orders CBI Probe in Waqf Board College Recruitment Case(24.01.2019)

Madras High Court has ordered a CBI probe into the alleged irregularities in the recruitment of teaching and non-teaching staff at MSS Waqf Board Coll.....

Tags : Madras High Court, Waqf Board College Recruitment Case

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P&H HC Issues Directions to Curb Drug Abuse in State(25.01.2019)

Punjab and Haryana High Court has issued a slew of directions to tackle the menace of drug abuse in State, which include steps such as awareness drive.....

Tags : Punjab and Haryana High Court, Directions to Curb Drug Abuse

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Secured Creditor can File Winding Up Petition After Obtaining Recovery Certificate from DRT: SC(30.01.2019)

Supreme Court has held that a secured creditor can file a winding up petition after obtaining a decree from the Debts Recovery Tribunal (DRT) and a re.....

Tags : Supreme Court, Debt Recovery Tribunal

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Delhi High Court Slams City Police Over Facial Recognition Software(31.01.2019)

Delhi High Court has questioned city police over its facial recognition software, which has not helped crack any missing children case, as over 5,000 .....

Tags : Delhi High Court, Facial Recognition Software

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All HC: De-Recognition of Schools Cannot be used Against Students who have Been Granted Admission(09.12.2019)

Allahabad High Court has ruled that the APJ Abdul Kalam Technical University could not delete their names from the college enrollment list merely beca.....

Tags : All HC, De-recognition of Schools

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Rajya Sabha Passes Recycling of Ships Bill, 2019(10.12.2019)

Rajya Sabha has passed the Recycling of Ships Bill, 2019 which will pave the way for safer environment in which ships are recycled in India. The Bill .....

Tags : Rajya Sabha, Recycling of Ships Bill, 2019

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Extension of validity of Directions under Section 35A of the Banking Regulation Act, 1949 (AACS)- Indian Mercantile Co-operative Bank Ltd., Lucknow (U.P.)(27.04.2023)

The Reserve Bank of India (RBI) has extended the directions issued to the Indian Mercantile Co-operative Bank Ltd., Lucknow (U.P) for a period of thre.....

Tags : Extension, Directions, Provisions

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TRAI issues directions to access providers under its Telecom Commercial Communication Customer Preference Regulations, 2018(24.06.2024)

(a) Direction regarding enhancing user-friendliness of registration of Unsolicited Commercial Communication (UCC) complaints, Preferences and Consents.....

Tags : Directions, Issuance, Customer Preference Regulations

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Judicial review finds errors in Patna ruling on Advocates-on-Record(30.09.2015)

Reiterating in some detail the purpose behind judicial review, and evolution over the years of its scope, the Patna High Court determined that unless .....

Tags : Judicial review, advocate, on record, pleading

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Candidate has no right to insist that, vacancy in the Government service should be filled up immediately on its becoming available(08.08.2018)

In present batch of writ petitions, challenge has been thrown to the Advertisement Notification No. Pers-A400/2006/7503-403 dated 30th December, 2016 .....

Tags : Posts, Recruitment, Eligibility

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CIVIL - Auction Sale can't be Held 3 Years After End of FY in which Recovery Certificate was Issued: Kerala H(22.02.2019)

Kerala High Court has set aside an auction sale held for recovery of arrears due to a bank on ground that it was done beyond the period of three years.....

Tags : Kerela High Court, Auction Sale, Debt Recovery Tribunal

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CIVIL - Auction Sale can't be Held 3 Yrs After End of FY in which Recovery Certificate was Issued: Kerala HC(22.02.2019)

Kerala High Court has set aside an auction sale held for recovery of arrears due to a bank on ground that it was done beyond the period of three years.....

Tags : Kerela High Court, Auction Sale, Debt Recovery Tribunal

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Central Board of Indirect Taxes and Customs Extends Waiver of Late Fee of All Pending Form GSTR-1(13.01.2020)

Central Board of Indirect Taxes and Customs has extended the waiver of late fee of all pending Form GSTR-1 from July 2017 to November 2019 till 17th J.....

Tags : Central Board of Indirect Taxes and Customs, Late Fee

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Karnataka HC Issues Notice to Centre and State on Plea for Audio Video Recording of Court Proceeding(13.01.2020)

Karnataka High Court has issued notice to the Union and State Government, Karnataka State Bar Council and High Court Registry, seeking their response .....

Tags : Karnataka HC, Video Recording

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SC Issues Notice to ED on Karti's Plea For Return of Rs 20 Crores Deposited with Court(14.01.2020)

Supreme Court has issued notice to the Enforcement Directorate on Karti Chidambaram's plea seeking return of his deposit of Rs 20 crore, which was dep.....

Tags : Supreme Court, Enforcement Directorate, Karti Chidambaram

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Central Administrative Tribunal, Chandigarh Quashes Appointment of Director General of Police, Punjab(20.01.2020)

Central Administrative Tribunal, Chandigarh has quashed the appointment of Dinkar Gupta as the Director-General of Police, Punjab.

Tags : Central Administrative Tribunal, Director General of Police, Punjab

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Preservation of CCTV recordings(08.06.2021)

1. Please refer to circular DCM (Plg) No. 1712/10.27.00/2016-17 dated December 13, 2016 wherein the banks were advised to preserve the CCTV recordings.....

Tags : Preservation, CCTV recordings

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Amendment to the Master Direction (MD) on KYC - Instructions on Wire Transfer(04.05.2023)

1. This is with reference to the Master Direction (MD) on KYC dated February 25, 2016, as amended from time to time, in terms of which Regulated Entit.....

Tags : Amendment, Master Direction, KYC

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Debts Recovery Tribunals and Debts Recovery Appellate Tribunals Electronic Filing (Amendment) Rules, 2021(22.07.2021)

In exercise of the powers conferred by clause (ccd) of sub-section(2) of section 36 of the Recovery of Debts and Bankruptcy Act, 1993 (51 of 1993), th.....

Tags : Debts Recovery, Tribunals, Rules

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Claimant cannot maintain a claim on basis of his own fault or negligence(31.08.2018)

National Insurance Co. Ltd. has filed present appeal challenging the judgment whereby the High Court has directed the Appellant-insurer to pay the com.....

Tags : Compensation, Payment, Direction, Validity

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Delhi HC Slams Delhi Govt., Directorate of Education and NDMC(19.04.2016)

Delhi HC has slammed Directorate of Education, Delhi Government and North Delhi Municipal Corporation (NDMC), after a plea was filed alleging that lak.....

Tags : Delhi HC , Delhi Govt., Directorate of Education, NDMC

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Madras HC Rejects PIL Against BCCI(21.04.2016)

Madras HC has rejected a PIL filed by Ex-CBI Director R K Raghavan and others to restrain Indian Cricket Board and its Chairman Shashank Manohar from .....

Tags : Madras HC , Ex-CBI Director R K Raghavan

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Allahabad High Court Notices BSP Supremo Over Plea Alleging Manipulation of Land Records(16.02.2017)

Allahabad High Court has issued notices to BSP supremo Mayawati and two of her close relatives on a PIL alleging "manipulation" of land records in the.....

Tags : Allahabad High Court, Mayawati, Land Records

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Enforcement Directorate Attaches Assets of Ex- Bhushan Power and Steel Limited CMD(20.01.2020)

Enforcement Directorate has attached the assets worth Rs. 204 Crores of former Bhushan Power and Steel Limited chairman and managing director Sanjay S.....

Tags : Enforcement Directorate, Sanjay Singhal

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Delhi High Court: Advocates Can be Appointed as Receivers Under Section 14(1A) of SARFAESI Act(20.01.2020)

Delhi High Court has held that there is no bar on the appointment of an Advocate as a 'Receiver' under Section 14 (1A) of the Securitisation and Recon.....

Tags : Delhi High Court, Advocates as Receivers

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Centre Declares United Arab Emirates as Reciprocating Territory Under Section 44A of Code of Civil Pr(20.01.2020)

Central Government of India has declared United Arab Emirates (UAE) as a reciprocating territory under Section 44A of the Code of Civil Procedure, 190.....

Tags : Centre, United Arab Emirates, Reciprocating Territory

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Reserve Bank of India (Variation Margin) Directions, 2022(01.06.2022)

1. Please refer to Paragraph 10 of the Statement on Developmental and Regulatory Policies announced as a part of the Bi-monthly Monetary Policy Statem.....

Tags : Variation Margin, Directions

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TRAI releases Recommendations on "Platform Services offered by DTH Operators"(13.11.2019)

1. The Telecom Regulatory Authority of India (TRAI) has today released its recommendations on "Platform Services offered by DTH Operators".

2.....

Tags : Recommendations, Release, DTH Operators

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Securities and Exchange Board of India grants recognition to Metropolitan Clearing Corporation of India Limited(28.09.2021)

The Securities and Exchange Board of India, having considered the application for grant of renewal of recognition under Regulation 12 of the Securitie.....

Tags : Recognition, Grants, Specified conditions

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Board Members are empowered to assess and award the marks(10.11.2017)

In facts of present case, Respondent belongs to the Army Medical Corps. He is the Major General and aspires to become Lieutenant General (Lt. Gen.), w.....

Tags : Direction, Promotion, Validity

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At initial stage of filing of an application for enforcement, non-compliance of production of documents should not entail in dismissal of application(14.11.2018)

In present matter, the judgment of the High Court directing enforcement and execution of a foreign award is challenged. The High Court rejected the s.....

Tags : Award, Enforcement, Direction

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Where a power is given to do a certain thing in a certain way, it must be done in that way or not at all(03.12.2018)

The Petitioner has prayed for setting aside the extract of the meeting minutes of the Micro & Small Enterprise Facilitation Council held on 12th march.....

Tags : Payment, Direction, Validity

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Executing court cannot go beyond the decree.(12.12.2018)

In instant matter, the Complainant purchased a shop. The said building including the said shop of the Complainant was re-developed by the Housing Soci.....

Tags : Shop, Possession, Direction

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DGFT Issues Notice on Non-Compliance and Misclassification of Imported Goods(20.01.2020)

Directorate General of Foreign Trade (DGFT) has issued the notice stating that Non-Compliance and Misclassification of Imported Goods under ‘Others’ C.....

Tags : Directorate General of Foreign Trade, Non-Compliance and Misclassification of Imported Goods

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CBIC Sets Deadline for Deactivation of Facility of Beneficiary Uploading Documents Through e-SANCHIT(22.01.2020)

Central Board of Indirect Taxes and Customs (CBIC) has said that the facility of beneficiary uploading the documents through e-SANCHIT will be deactiv.....

Tags : Central Board of Indirect Taxes and Customs, Deadline for Deactivation of Uploading Documents Through e-SANCHIT

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CESTAT: No denial of Credits to Recipient Even if Duty was Legally Not Payable by Supplier(23.01.2020)

Customs Excise and Service Tax Appellate Tribunal (CESTAT) has held that Input tax credits cannot be denied to the recipient even if the duty was lega.....

Tags : Customs Excise and Service Tax Appellate Tribunal, Input Tax Credit to Recipient

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DGFT: Goods Imported as Gifts Can be Allowed Import Free on Payment of Full Applicable Fees(23.01.2020)

Directorate General of Foreign Trade (DGFT) has clarified that the goods imported as gifts can be allowed to import free on payment of full applicable.....

Tags : Directorate General of Foreign Trade, Import Free on Goods

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Karnataka HC: Trial Courts Can Only Recommend Compensation Under POCSO Rules(24.01.2020)

Karnataka High Court has held that the Trial Court or Special Court has to recommend the District Legal Services Authority to decide and award the com.....

Tags : Karnataka High Court, Trial Court's Power to Recommend Compensation under POCSO Rules

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SC: Debts Recovery Tribunal Has No Power to Condone Delay in Filing Review Application(27.01.2020)

Supreme Court has held that the Debts Recovery Tribunal has no power to condone the delay in filing application for review under the Recovery of Debts.....

Tags : Supreme Court, Debt Recovery Tribunal's Power to Condone Delay, Review Application

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When no order of punishment had been imposed, gratuity by way of punishment cannot be withheld(17.12.2018)

The present appeal has been preferred against the order, whereby the learned single Judge has declined to pass an order for payment of full gratuity w.....

Tags : Gratuity, Payment, Direction

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Digitalization of Supreme Court and High Court Record(04.08.2022)

Digitization of records forms a very important part of the ICT development of the Judicial set up. Digitization was proposed to be made a part of the .....

Tags : Digitalization, SC Record, HC Record

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Passenger Name Record Information Regulations, 2022(08.08.2022)

In exercise of the powers conferred by sub-section (1) read with clause (ab) of sub-section (2) of section 157 of the Customs Act, 1962 (52 of 1962), .....

Tags : Passenger Name, Record Information, Regulations

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TRAI releases recommendations on "License Fee and Policy Matters of DTH Services"(21.08.2023)

Telecom Regulatory Authority of India (TRAI) has today issued the recommendations on "License Fee and Policy Matters of DTH Services".

The Mi.....

Tags : Recommendations, Release, DTH Services

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INSOLVENCY - NCLT Approves RIL-JM Financial ARC's Rs. 5000 cr Bid for Alok Industries(11.03.2019)

National Company Law Tribunal (NCLT) Ahmedabad has approved joint bid by Reliance Industries Ltd-JM Financial Asset Reconstruction Co. Ltd. for insolv.....

Tags : NCLT, Alok Industries, Reliance Industries Ltd-JM Financial Asset Reconstruction Co. Ltd.

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COMPANY - Cheque Bounce Case Against Director: Must be Proved that Director Responsible for Company's Conduct(11.03.2019)

Supreme Court has reiterated that, a 'cheque bounce' complaint against a Company and its Director, must contain a specific averment that Director was .....

Tags : Supreme Court, Cheque Bounce Case Against Director

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ITAT, Chennai Disallows Deduction Claim on Receipts from Carbon Credit(12.02.2020)

Income Tax Appellate Tribunal (ITAT), Chennai has held that the receipts from the sale of the carbon credit are liable to be treated as the capital re.....

Tags : Income Tax Appellate Tribunal, Deduction Claim on Receipts from Carbon Credit

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Allahabad High Court Stays Recovery Notice to Man Accused of Damage to Public Property(14.02.2020)

Allahabad High Court has stayed the recovery notice issued to a Kanpur man accused of destroying public property during the anti- Citizenship Amendmen.....

Tags : Allahabad High Court, Recovery Notice, Citizenship Amendment Act Protests

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Bombay High Court Pulls Up Ministry for Failure to Provide Infra For Debt Recovery Tribunals(14.02.2020)

Bombay High Court has come down heavily upon the central Government for failing to provide adequate infrastructure and manpower to the Debt Recovery T.....

Tags : Bombay High Court, Infrastructure for Debt Recovery Tribunals

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CBDT Notifies Forms for Firms to Avail Lower Corporate Taxes(17.02.2020)

Central Board of Direct Taxes (CBDT) has notified Forms 10-IC and 10-ID for existing companies that want to avail lower Income Tax rates and new manuf.....

Tags : Central Board of Direct Taxes, Forms for Firms to Avail Lower Corporate Taxes

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Income Declaration & Tax Dispute Resolution Schemes to Come into Force from Tomorrow(31.05.2016)

Central Board of Direct Taxes (CBDT) has said that the Income Declaration Scheme, 2016 and the Direct and Indirect Tax Dispute Resolution Schemes 2016.....

Tags : Central Board of Direct Taxes, Income Declaration Scheme, 2016, Tax Dispute Resolution Schemes

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MCA Amends Companies (Appointment and Qualification of Directors) Rules, 2014(09.05.2018)

Ministry of Corporate Affairs (MCA) has amended Companies (Appointment and Qualification of Directors) Rules, 2014 by the Companies (Appointment and Q.....

Tags : Companies, Directors

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MCA Amends Companies (Meetings of Board and Its Powers) Rules 2014(09.05.2018)

Ministry of Corporate Affairs (MCA) has amended the Companies (Meetings of Board and Its Powers) Rules 2014 by the Companies (Meetings of Board and It.....

Tags : Companies, Directors

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Kerala HC Stays Recovery Steps in Tax, SARFAESI Matters till April 6(20.03.2020)

Kerala High Court has passed a general order staying all coercive steps for recovery in Income Tax, Value Added Tax/Goods and Services Tax, Building T.....

Tags : Kerala High Court, Recovery Matters

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SC Stays Orders of Kerala & Allahabad HCs Restraining Centre from Recovering Tax(20.03.2020)

Supreme Court has stayed the general orders passed by the High Courts of Allahabad and Kerala which restrained the Centre from recovering revenue dues.....

Tags : Supreme Court, High Court Orders on Recovering Tax

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Gujarat HC Declines Plea to Restrain Recovery Measures(23.03.2020)

Gujarat High Court has dismissed a Petition, seeking that all banks and financial institutions be directed not to initiate any auction/recovery procee.....

Tags : Gujarat High Court, Recovery Proceedings

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It is the duty of First Appellate Court to appreciate entire evidence and arrive at its own independent conclusion(04.12.2017)

The Appellant filed a suit in the Court of City Civil Judge, against the Respondents for a declaration and permanent injunction in relation to the lan.....

Tags : Appreciation, Evidence, Appellate Court, Duty

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Teacher is not an employee, he/she is not entitled to claim any gratuity amount from his employer under the Payment of Gratuity Act, 1972(07.01.2019)

This appeal is directed against the final judgment passed by the High Court whereby the Division Bench of the High Court dismissed the LPA filed by th.....

Tags : Gratuity, Payment, Direction

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Authority has the power to impose the penalty, once breaches alleged against employer are proved(07.01.2019)

Two persons, filed their claim petitions before the competent authority under the Minimum Wages Act, 1948 ("the Act") against the Appellant. In these .....

Tags : Wages, Payment, Direction

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Lok Sabha Passes Bill Seeking Expeditious Recovery of Bad Loans by Banks(02.08.2016)

Lok Sabha has passed the Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Bill, 2016, which provid.....

Tags : Lok Sabha, Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Bill, 2016

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Supreme Court: Prepare Inventory of Fire Crackers in Delhi NCR Within 6 Weeks(10.04.2017)

Supreme Court has directed Central Pollution Control Board (CPCB) to prepare within six weeks an inventory of existing firecrackers with traders in De.....

Tags : Supreme Court, firecrackers

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Delhi HC Stays DRAT Order Imposing Restrictions on Filing of Securatisation Application(11.04.2017)

Delhi High Court has stayed order of Debts Recovery Appellate Tribunal, wherein DRAT had held that a Securitization Application under Section 17 of SA.....

Tags : Delhi High Court, Debts Recovery Appellate Tribunal

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EDUCATION - Delhi HC Upholds Circular Asking Schools to Follow Textbooks Prescribed by SCERT/NCERT/CBSE(28.03.2019)

Delhi High Court has dismissed a challenge against the circular issued by Directorate of Education, Government of National Capital Territory of Delhi,.....

Tags : Delhi High Court, Directorate of Education, Government of National Capital Territory of Delhi, SCERT, NCERT, CBSE

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Supreme Court: Subordinate Judges Cannot Seek Direct Recruitment to Post of District Judges(19.02.2020)

Supreme Court has held that Civil Judges are not eligible to seek direct recruitment to post of District Judges in bar quota. The Court has further he.....

Tags : Supreme Court, Direct Recruitment to Post of District Judges

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Securities and Exchange Board of India Allows Direct Sales of Mutual Funds on Exchanges(27.02.2020)

Securities and Exchange Board of India has allowed investors to directly use the infrastructure of stock exchanges to purchase and redeem units direct.....

Tags : Securities and Exchange Board of India, Direct Sales of Mutual Funds on Exchanges

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Legitimate expectation is not a wish or a desire or a hope, it cannot be claimed or demanded as a right(30.01.2019)

The present appeal is directed against an order passed by the High Court whereby the Writ Petition was allowed directing the Appellant to provide fina.....

Tags : Financial assistance, Direction, Validity

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SC: DRAT Cannot Entertain Appeal u/s 18 SARFAESI Act Without Insisting on Pre- Deposit(03.03.2020)

Supreme Court has observed that the Debt Recovery Appellate Tribunal cannot entertain an appeal under Section 18 of the Securitisation and Reconstruct.....

Tags : Supreme Court, Appeal before Debt Recovery Appellate Tribunal

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Delhi HC Issues Directions for Streamlining Recording of Victims/Witnesses Testimonies(04.03.2020)

Delhi High Court has issued a series of directions to the Delhi Government, Delhi Police and the Trial Courts, to make the process for collecting the .....

Tags : Delhi High Court, Streamlining Recording of Victims/Witnesses Testimonies

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CESTAT, Hyderabad: Repair Services and Man Power Recruitment in Jammu & Kashmir, ‘Exempted Services’(04.03.2020)

Custom, Excise, and Service Tax Appellate Tribunal (CESTAT), Hyderabad has held that the repair services and manpower recruitment in the State of Jamm.....

Tags : Customs Excise and Service Tax Appellate Tribunal, Repair Services and Man Power Recruitment

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ITAT, Mumbai: Wrong Assumption or Incorrect Application Would Make Order Liable for Revision(04.03.2020)

Income Tax Appellate Tribunal (ITAT), Mumbai has held that the wrong assumption of facts or incorrect application of the law would make the order liab.....

Tags : Income Tax Appellate Tribunal, Wrong Assumption or Incorrect Application

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CBDT: Direct Tax Case Pending in Arbitration Without Appeal Eligible Under Vivad se Vishwas Scheme(06.03.2020)

Central Board of Direct Taxes has clarified that if the direct tax case is pending in arbitration without appeal pending, it is eligible to apply unde.....

Tags : Central Board of Direct Taxes, Vivad se Vishwas Scheme

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Delhi HC: Non-Executive Directors of Company Immune from Cheque Dishonor Proceedings(11.03.2020)

Delhi High Court has held that the non-executive directors of a company are exempted from the cheque dishonour proceedings under Section 138 of the Ne.....

Tags : Delhi High Court, Non-Executive Directors

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Any entry made of a work which is not an original work would be an entry wrongly made in the Register(20.04.2018)

In instant case, before the Copyright Board, an application was preferred under Section 50 of the Copyright Act, 1957 by Hindustan Unilever Limited, t.....

Tags : Registration, Entry, Rectification

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Mere existence of vacancies or empanelment does not create any indefeasible right to appointment(01.04.2019)

In present case, the Appellant is aggrieved by the direction to make appointments against 97 vacancies on the post of Blacksmith Grade II. The sanctio.....

Tags : Vacancies, Appointment, Direction, Validity

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Bombay High Court Directs Finance Ministry to Provide Proper Infrastructure for DRT/DRAT(21.08.2015)

Bombay High Court has directed Finance Ministry to consider providing proper infrastructure and space to Debt Recovery Tribunal (DRT) and Debt Recover.....

Tags : Bombay High Court,Debt Recovery Tribunal (DRT) , Debt Recovery Appellate Tribunal (DRAT)

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Himachal HC Forms Norms for Probing Charas Recovery Cases(16.08.2016)

Himachal Pradesh HC, in order to ensure fairness in investigation of charas recovery cases, has formulated guidelines that during search, seizure, ar.....

Tags : Himachal Pradesh HC,, Charas Recovery Cases

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President Gives Assent to Recovery Laws(19.08.2016)

President has given assent to the Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Act, 2016.

Tags : President, Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Act, 2016

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No Exemption for Woman to Appear Before Enforcement Directorate: Madras High Court(13.07.2018)

Madras High Court has dismissed the challenge made by Senior Advocate Nalini Chidambaram against the summons issued under Section 50 of Prevention of .....

Tags : Madras High Court, Enforcement Directorate

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Debt Recovery Tribunal asks Vikram Bakshi, McDonald's India to Deposit Settlement Funds(20.05.2019)

Debt Recovery Tribunal, Delhi has asked Connaught Plaza Restaurants’ Managing Director Vikram Bakshi and McDonald’s India to appear before it and depo.....

Tags : Debt Recovery Tribunal, McDonalds

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Delhi High Court Rejects ShareChat Copyright Violation Petition Against Helo(20.05.2019)

Delhi High Court has set aside a petition moved by India-based messaging platform ShareChat against Indian content based app Helo, in which the former.....

Tags : Delhi High Court, ShareChat

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Jharkhand HC: No Interest Recovery Without Show Cause Notice and Adjudication(04.05.2020)

Jharkhand High Court has held that the process of recovery of interest cannot be initiated against an assessee under the Central Goods and Services Ta.....

Tags : Jharkhand High Court, Interest Recovery

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Mere reduction of promotion chances is no ground to interfere in prudence of employer to fix any ratio for promotion and direct recruitment(21.04.2017)

In present case, validity of new Recruitment Rules of University Grants Commission notified vide GSR 839(E) dated 26th August, 2016: MANU/HRDT.....

Tags : Recruitment rules, Appointments, Validity

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To classify a person employed in an industry as a workman, not only nature of work performed but also terms of appointment in job performed are relevant considerations(18.04.2019)

The Petitioner-Trust has challenged concurrent orders passed by the Labour Court and Industrial Court by filing the present writ petition. It is claim.....

Tags : Reinstatement, Direction, Validity

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Bombay HC to ASG: Find Out Exact Rate at Which Securities Transaction Tax Should be Collected(24.08.2018)

Bombay High Court has told the Additional Solicitor General (ASG) to take instructions from the Central Board of Direct Tax by August 28 on the exact .....

Tags : Bombay High Court, Additional Solicitor General, Central Board of Direct Tax, Securities Transaction Tax

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Madras High Court Analyses Methods to Stop Reckless Driving(18.06.2019)

Madras High Court has taken up a case suo motu in order to examine the ways and means to stop reckless driving of motor vehicles and also to ensure th.....

Tags : Madras High Court, Reckless Driving

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Madras High Court: Practice of Recalling Witnesses Repeatedly Should be Stopped(20.06.2019)

Madras High Court has held that the practice of treating petitions under Section 311 of the Code of Criminal Procedure, 1973 in a casual manner and r.....

Tags : Madras High Court, Recalling Witnesses

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Bombay HC Directs Petitioners to Deposit Rs.1 Crore as Precondition for Hearing(28.05.2020)

Bombay High Court has directed the 'Abhinav Bharat Congress' to deposit Rs. 1 Crore with the registry as a precondition for hearing the plea seeking d.....

Tags : Bombay High Court, Precondition to Hearing

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Delhi HC Issues Notice in Plea Seeking Direction to Family Courts to Record Evidence(29.05.2020)

Delhi High Court has issued notice to Delhi Government, Headquarters of Family Courts, and the Delhi High Court in a plea seeking a direction to be is.....

Tags : Delhi High Court, Recording of Evidence in Videoconferencing

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Delhi HC Turns Down Plea for Video Recording of Proceedings(21.07.2017)

Delhi High Court has reprimanded Advocate Deepak Khosla, advising him to be “more temperate and civilized in his communications, oral as well as writt.....

Tags : Delhi High Court, Video Recording

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CBDT Issues Clarification on MAT Provisions Relating to Ind AS Compliant Companies(26.07.2017)

Central Board of Direct Taxes (CBDT) has issued clarification on Implementation of Minimum Alternate Tax (MAT) provisions relating to Indian Accountin.....

Tags : Central Board of Direct Taxes

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CBDT Issues Clarification on MAT Provisions Relating to Ind AS Compliant Companies(26.07.2017)

Central Board of Direct Taxes (CBDT) has issued clarification on Implementation of Minimum Alternate Tax (MAT) provisions relating to Indian Accountin.....

Tags : Central Board of Direct Taxes

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#Income Tax: CBDT to Share Details of IT Returns and Tax Audit Reports with MCA(27.07.2017)

Central Board of Direct Taxes (CBDT) has issued a Notification allowing IT Department to furnish details of income tax returns and Tax Audit reports w.....

Tags : Central Board of Direct Taxes

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Bombay HC Directs University to Recalculate Marks Obtained by a Final Year Law Student(14.07.2020)

Bombay High Court has directed the Savitribai Phule Pune University and Director, Board of Examination and Evaluation to recalculate the marks obtaine.....

Tags : Bombay High Court, Recalculation of Marks

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SC Directs Cellular Companies to Maintain CDR and Other Records Seized During Investigations(15.07.2020)

Supreme Court has issued general directions to cellular companies and internet service providers to maintain Call Detail Records (CDRs) and other rele.....

Tags : Supreme Court, Maintenance of CDR and Other Records

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Re-examination of a witness by party calling the witness is a right conferred under statute and unless such a right is declined, a party cannot be denied the opportunity to re-examine witness(11.06.2019)

Present Petition had been preferred against the order passed by the learned Sessions Judge, by means of which the learned trial Court had allowed the .....

Tags : Recall, Witness, Cross examination, Legality

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Decision would not be open to interference by Writ Court, if provision of a statutory Rule is capable of two or more constructions and one construction has been adopted(24.07.2019)

In present case, the Respondent No. 1 filed Writ Petition in Calcutta High Court, challenging the impugned communication on the basis that, he was eli.....

Tags : Appointment, Direction, Legality

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Rejection of report of its own Surveyor by Insurance Company in absence of any valid reason or proof cannot be sustained(07.08.2019)

In present matter, aggrieved by the order passed by the State Consumer Disputes Redressal Commission, New India Assurance Company Ltd. preferred the p.....

Tags : Compensation, Direction, Legality

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Delhi HC: `Crackers Have No Religious Sanctity; Limit Availability To Make Ban Effective'(06.11.2015)

Delhi High Court while rejecting a woman's plea for a temporary licence to sell crackers in her shop, has backed a “public outcry“ against firecracker.....

Tags : Delhi High Court , firecrackers

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Bombay HC Asks Maharashtra to Strictly Regulate Sale of Firecrackers(18.10.2016)

Bombay HC has said that shops storing firecrackers should not be set up in residential areas and directed civic bodies in Maharashtra to ensure strict.....

Tags : Bombay HC, firecrackers

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When Did the Centre Recruit Doctors in Hospitals Last? Delhi High Court Asks(23.08.2017)

Delhi High Court has expressed dissatisfaction with the Centre’s report that the number of doctors in its hospitals had seen a massive increase in the.....

Tags : Delhi High Court, Doctors, Recruitment

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Madras High Court Bans Online Sale of Firecrackers Till Nov 15(17.10.2018)

Madras High Court has passed an interim order staying online sale of firecrackers till November 15.

Tags : Madras High Court, Firecrackers Ban

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Supreme Court: Judge Can Recuse From Case on His Own Discretion(16.08.2019)

Supreme Court has observed that a Judge can recuse at his own volition but need not at the mere asking of a litigating party while dismissing a prayer.....

Tags : Supreme Court, Recuse

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Delhi HC Issues Notice in Plea Seeking Strict Implementation of Statutory Reservation for Recruitment(25.08.2020)

Delhi High Court has issued notice in a plea seeking a direction to be issued to the Central Government to ensure that central universities are strict.....

Tags : Delhi High Court, Statutory Reservation for Recruitment

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Delhi HC Grants Relief for Anil Ambani in Rs1,200 Crores Loan Recovery Case(28.08.2020)

Delhi High Court has granted relief to Reliance Communication’s chairman Anil Ambani and stayed the insolvency resolution process (IRP) proceedings ag.....

Tags : Delhi High Court, Loan Recovery Case

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No Protection Under Article 25 if Religious Practice Threatens People’s Health: Supreme Court(24.10.2018)

Supreme Court while allowing only less polluting green crackers, has observed Article 25 is subject to Article 21 and if a particular religious practi.....

Tags : Supreme Court, Article 25, Firecrackers

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CBI Special Director Arrest: Maintain Status Quo, Delhi High Court Tells CBI(24.10.2018)

Delhi High Court has directed the agency to maintain “status quo” until October 29 on proceedings against its special director Rakesh Asthana who soug.....

Tags : Delhi High Court, CBI, Special Director, Rakesh Asthana

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Delhi High Court Directs Delhi Police to Upgrade Facial Recognition Software(26.08.2019)

Delhi High Court has directed Delhi Police to ascertain if an updated version of facial recognition software was available after it was alleged by the.....

Tags : Delhi High Court, Facial Recognition Software

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SC: Director of Company can be Made Accused Only if there is Enough Material to Prove His Active Role(26.08.2019)

Supreme Court has ruled that an individual either as a Director or a Managing Director or Chairman of the company can be made an accused along with th.....

Tags : SC, Director

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SEBI Rejects Appointment of 2 Shareholder Directors of NSE(09.09.2020)

Securities and Exchange Board of India (SEBI) has rejected the reappointment of two long-time shareholder directors on the board of the National Stock.....

Tags : Securities and Exchange Board of India, Appointment of Directors

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SC Issues Notice on UP Judicial Officers' Plea Against Non-recommendation of Names by SC Collegium(17.09.2020)

Supreme Court has issued notice on a petition challenging non-inclusion of certain Judicial Officers from the State of Uttar Pradesh, in the SC Colleg.....

Tags : Supreme Court, Non-recommendation of Names by SC Collegium

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RBI Mandates Online Filing of FDI Forms from February 8(02.02.2016)

Reserve Bank of India (RBI) has asked banks to file forms related to Foreign Direct Investment (FDI) only online on the e-Biz portal from February 8.

Tags : Reserve Bank of India , Foreign Direct Investment

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CBDT Issues Norms for Faster Refund in Pending Tax Demand Cases(02.02.2016)

Central Board of Direct Taxes (CBDT) has issued guidelines for expeditious tax refund of up to Rs.5,000 in cases where the department wants to adjust .....

Tags : Central Board of Direct Taxes, Tax Demand Cases

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RBI Eases FDI Norms to Boost Start-Ups(03.02.2016)

Reserve Bank of India (RBI) has relaxed several rules including Foreign Direct Investment (FDI) norms to boost start-up activity in the country.

Tags : Reserve Bank of India, Foreign Direct Investment , Start-Ups

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Madras HC Restrains Political Parties from Erecting Digital Banners on Roads in TN(20.12.2018)

Madras High Court has restrained all the political parties in Tamil Nadu from erecting digital banners and hoardings on arterial roads posing a risk t.....

Tags : Madras High Court, Erecting Digital Banners

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SC Allows UP Government to Recruit 37,339 Assistant Teachers(19.11.2020)

Supreme Court has allowed the Uttar Pradesh government to go ahead with the recruitment process of the remaining 37,339 of 69,000 posts of assistant t.....

Tags : Supreme Court, Recruitment of Assistant Teachers

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ITAT, Ahmedabad: Transaction Not Colorable Because Assessee Claimed Depreciation on Goodwill(19.11.2020)

Income Tax Appellate Tribunal (ITAT), Ahmedabad has held that the transaction cannot be regarded as a colorable device merely on the basis that assess.....

Tags : Income Tax Appellate Tribunal, Depreciation on Goodwill

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Karnataka High Court Directs Survey of Children Forced to do Street Vending(19.11.2020)

Karnataka High Court has directed the State Government and Bruhat Bengaluru Mahanagara Palike (BBMP) to come out with a scheme to identify children wh.....

Tags : Karnataka High Court, Directs Survey of Children Forced to do Street Vending

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High Court cannot modify/relax Instructions issued by Commission which are mandatory in nature(28.08.2019)

In facts of present case, the Tamil Nadu Public Service Commission ('the Commission') issued a Notification dated 9th April, 2018 inviting application.....

Tags : Result, Announcement, Direction, Legality

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CBDT Issues New Income Tax Reporting Norms for High Value Transactions(04.01.2016)

Central Board of Direct Taxes (CBDT) has notified norms under which cash receipts and high value transactions beyond a certain threshold will have to.....

Tags : Central Board of Direct Taxes, High Value Transactions

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Punjab & Haryana HC Seeks DGP’s Report over Witness Protection in Jat Agitation Case(05.12.2016)

Punjab and Haryana High Court has directed Haryana Director General of Police (DGP) to file an affidavit about steps taken to protect witnesses relate.....

Tags : Punjab and Haryana High Court, Director General of Police, Jat agitation

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Supreme Court Rejects ED Plea Against Satyam’s Successor Firm Tech Mahindra(11.12.2017)

Supreme Court has dismissed an appeal filed by Enforcement Directorate against a 2014 Hyderabad High Court judgement quashing money laundering charges.....

Tags : Supreme Court, Enforcement Directorate

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SC Reinstates Alok Verma as CBI Director(08.01.2019)

Supreme Court has set aside October 23 orders of Central Government and CVC divesting CBI Director Alok Kumar Verma of the charge of CBI and also orde.....

Tags : Supreme Court, CBI Director, Alok Verma

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Allahabad HC Stays Revenue Recovery Against NBFC and its Director for their Borrower’s Liability(13.11.2019)

Allahabad High Court has stayed the recovery proceedings started by the Ghaziabad Development Authority and District Magistrate, Ghaziabad against the.....

Tags : Allahabad HC, Recovery

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CBIC Waives Penalty for Non-Compliance to QR Code Provisions(01.12.2020)

Central Board of Indirect Taxes and Customs (CBIC) notified the waiver of penalty for noncompliance to QR code provisions if complied by April 01, 202.....

Tags : Central Board of Indirect Txes and Customs, Penalty for Non-Compliance to QR Code Provisions

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Cross-examination of persons swearing into the affidavits should not be allowed unless absolutely necessary(23.09.2019)

The question falling for consideration in present appeals is in an application under Section 34 of the Arbitration and Conciliation Act, 1996 (the Act.....

Tags : Re-cast issues, Direction, Legality

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No Absolute Bar to Summon Aged Woman Before Enforcement Directorate: Madras High Court(27.04.2018)

Madras High Court has dismissed plea of senior advocate Nalini Chidambaram, challenging summons to requiring her personal appearance before Enforcemen.....

Tags : Madras High Court, Enforcement Directorate

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Supreme Court: Higher Courts Needn’t Be Given Original Documents(01.05.2018)

Supreme Court has held that the present practice of higher courts seeking original records of a case from lower courts must be done away with.

Tags : Supreme Court, Original Records

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CIVIL - Judge Can't Recuse From Case Merely Because His Father Appeared In It: Sikkim HC(27.03.2019)

Sikkim HC has rejected an application of a District Judge who wanted to recuse from a case on the ground that his father who was an Additional Advocat.....

Tags : Sikkim HC, recuse

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Madras High Court: No Service Tax on Notice Pay Recovery by Employer from Employee(30.01.2020)

Madras High Court has ruled that the amount received by an employee from the employer on premature termination of the contract or notice pay recovery .....

Tags : Madras High Court, Service Tax on Notice Pay Recovery

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SC: Accused Released on Anticipatory Bail Need Not Surrender and Seek Regular Bail for Recovery(31.01.2020)

Supreme Court has held that "limited custody" or "deemed custody" to facilitate the requirements of the investigative authority, would be sufficient f.....

Tags : Supreme Court, Recovery

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Central Board of Indirect Taxes and Customs Notifies Customs Tariff Amendment Rules, 2021(04.02.2021)

Central Board of Indirect Taxes and Customs (CBIC) has notified Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dump.....

Tags : Central Board of Indirect Taxes and Customs, Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Amendment Rules, 2021

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Bombay HC: Directors Above 70 Yrs of Age Need SR and 3/4th Shareholders' Nod to Stay(19.02.2016)

Bombay HC has ruled that incumbent directors who are 70 years old and above will face automatic disqualification if they are not elected by a Special .....

Tags : Bombay HC, directors

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Involuntary Statement Leading to Recovery has No Evidentiary Value: SC(15.01.2019)

Supreme Court has observed that there is no evidentiary value to an involuntary confessional statement made under undue pressure and compulsion from t.....

Tags : Supreme Court, Involuntary Statement Leading to Recovery

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Bombay HC Imposes Cost of Rs. 25 Lakhs for Preventing Court Inspection & Threatening Court Receiver(21.01.2019)

Bombay High Court has imposed costs of Rs. 25 lakhs on a couple, after they prevented a Court-appointed receiver from inspecting and seizing copyright.....

Tags : Bombay High Court, Preventing Court Inspection & Threatening Court Receiver

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Supreme Court Turns Down PIL on Fielding of Candidates with Criminal Records(22.01.2019)

Supreme Court has refused to entertain a plea seeking a direction to the Election Commission to restrain political parties from fielding candidates wi.....

Tags : Supreme Court, Candidates with criminal record

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CBIC Enables GSTR-9 Return Form on GST Portal(11.12.2020)

Central Board of Indirect Taxes (CBIC) has enabled the Goods and Service Tax Annual Return (GSTR-9) of Financial Year 2019-20 on the GST Portal.

Tags : Central Board of Indirect Taxes, GSTR-9 Return Form

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Calcutta HC Sets Aside 2016 Recruitment Process for Assistant Teachers in Upper Primary Schools(14.12.2020)

Calcutta High Court has cancelled and set aside the 1st State Level Selection Test, 2016 for recruitment of Assistant Teachers in Upper Primary school.....

Tags : Calcutta High Court, 2016 Recruitment Process for Assistant Teachers

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CBIC Extends Date for Completion of Anti-profiteering Probes(16.12.2020)

Central Board of Indirect Taxes and Customs (CBIC) has extended deadline for completion of anti-profiteering investigations by authorities till 31st M.....

Tags : Central Board of Indirect Taxes and Customs, Anti-profiteering Probes

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Concession given by State Counsel before Tribunal contrary to statutory rules is not binding as there cannot be any estoppel against law(26.09.2019)

The challenge in the present appeal is to an order passed by the High Court whereby, the writ petition filed by the Appellant challenging the order pa.....

Tags : Pay-scale, Grant, Direction

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CIVIL - SC Agrees to Hear Centre's Application for Stay of Eviction of Forest Dwellers(27.02.2019)

Supreme Court has agreed to hear Centre’s plea seeking a stay on possible eviction of around 11.8 lakh tribals and traditional forest dwellers, whose .....

Tags : Supreme Court, Forest Dwellers, Scheduled Tribes and Other Forest Dwellers (Recognition of Forest Rights) Act 2006

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Telangana High Court has Stayed Debt Recovery Tribunal’s Order Against Karvy Stock Broking(02.01.2020)

Telangana High Court has given interim relief to Karvy Stock Broking against ICICI Bank’s plea for initiating debt recovery proceedings against the br.....

Tags : Telangana High Court, Debt Recovery Tribunal

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Central Board of Direct Taxes Notifies Changes in Income Tax Return Forms(06.01.2020)

Central Board of Direct Taxes has notified changes in Income Tax Returns Forms whereby individual taxpayers owning house property in joint ownership a.....

Tags : Central Board of Direct Taxes, Income Tax Return Forms

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Central Board of Indirect Taxes Directs DGFT to Tighten System for Accrediting Exporters(06.01.2020)

Central Board of Indirect Taxes has asked Director General of Foreign Trade to tighten its system used for accrediting exporters after investigations .....

Tags : Central Board of Direct Taxes, DGFT

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Central Board of Direct Taxes Introduces Faceless Penalty Scheme 2021(14.01.2021)

Central Board of Direct Taxes (CBDT) has introduced the Faceless Penalty Scheme 2021 which will digitise issuing of penalties on assessees under the f.....

Tags : Central Board of Direct Taxes, Faceless Penalty Scheme 2021

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Bombay HC Grants Transit Pre-Arrest Bail to Director, Producer, Writer, Amazon Content Head(21.01.2021)

Bombay High Court has granted transit anticipatory bail to Tandav web series director Ali Abbas Zafar, producer Himanshu Mehra, Amazon content head Ap.....

Tags : Bombay High Court, Pre-Arrest Bail to Director, Producer, Writer, Amazon Content Head

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No superior Court in hierarchical jurisdiction can issue such direction/mandamus to any subordinate Court commanding them to pass a particular order(14.12.2017)

Present appeal is filed by the Complainant against the final judgment passed by the High Court of Judicature whereby the High Court partly allowed the.....

Tags : Bail, Direction, Validity

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Tribunal’s order cannot be directly challenged in the Supreme Court(15.10.2019)

In facts of present matter, the State of Chhattisgarh enacted the Chhattisgarh Rent Control Act, 2011. Under this Act, in the hierarchy of adjudicatin.....

Tags : Direct appeal, Supreme Court, Maintainability

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Delhi HC: No Bar of Appointment of Advocates as Receivers under SARFAESI Act(17.02.2020)

Delhi High Court has held that there is no bar on the appointment of advocates as receivers under the Securitisation and Reconstruction of Financial A.....

Tags : Delhi High Court, Appointment of Advocates as Receivers

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Chhattisgarh HC: State / Local Authority Can Realise Tax / Fees on Erection of Mobile Towers(17.02.2020)

Chhattisgarh High Court has upheld the validity of the rules issued by the Chhattisgarh State Government where it notified the authority of local auth.....

Tags : Chhattisgarh High Court, Fees on Erection of Mobile Towers

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Gujarat High Court Stays Recovery of Interest from Delayed Goods and Services Tax Payment(18.02.2020)

Gujarat High Court has stayed the recovery of interest on the delayed Goods and Services Tax payment from taxpayers who have filed their returns in Fo.....

Tags : Gujarat High Court, Recovery of Interest

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Madras HC: Appointment of Independent Directors in Social Audit of MGNREGA is Must(18.02.2020)

Madras High Court has directed the State of Tamil Nadu to issue fresh Government Order prescribing the qualifications for the appointment of independe.....

Tags : Madras High Court, Appointment of Independent Directors in Social Audit

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SC: HC Collegium Recommendations to be Continuing Process Without Waiting for Results of Earlier List(19.02.2020)

Supreme Court has observed that the High Courts should continuously recommend names for judicial appointments in anticipation of vacancies, regardless.....

Tags : Supreme Court, High Court Recommendations for Judicial Appointments

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SC Issues Notice in Amazon Plea Challeging Delhi HC Stay on Future-Reliance Retail Stake Sale(22.02.2021)

Supreme Court has issued notice in the plea by Amazon challenging Delhi High Court's stay on the implementation of its own order passed by the Single .....

Tags : Supreme Court has issued notice in the plea by Amazon challenging Delhi High Court's stay on the implementation of its own order passed by the Single Judge bench of Justice Midha, which had directed status quo order on the Future - Reliance retail stake sale deal of nearly Rs. 25000 crore.

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Application for waiver of pre-deposit is to be entertained as Petitioners were neither borrowers nor mortgagers or guarantors in respect of loan facility availed by principal borrower(11.10.2019)

The present petition is directed against an order passed by the Debt Recovery Appellate Tribunal ('DRAT'), rejecting the Petitioner's application seek.....

Tags : Pre-deposit, Direction, Legality

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CESTAT, Mumbai: No Service Tax on Rent Received from Bullock Carts with Tyres & Without Driver(28.02.2020)

Customs Excise and Service Tax Appellate Tribunal ( CESTAT ), Mumbai has held that tyre Bullock Carts without bullocks and driver, provided by the App.....

Tags : Customs Excise and Service Tax Appellate Tribunal, Rent Received from Bullock Carts with Tyres & Without Driver

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Delhi High Court Sets Aside Trial Court Order Which Misread Direction(02.03.2020)

Delhi High Court has clarified that there is a difference between "addition" of charge and "alteration" of charge under Section 216 of the Code of Cri.....

Tags : Delhi High Court, Trial Court Order Which Misread Direction

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Delhi HC Directs Administrative Wing & Delhi Govt to Consider Digitization of All Court Records(03.03.2021)

Delhi High Court has observed that the technological infrastructure that was added to it for conducting virtual hearings during the Covid-19 pandemic .....

Tags : Delhi High Court, Digitization of Court Records

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Karnataka HC Advises Finance Ministry to Relook at OTS Norms for Loan Recovery(03.03.2021)

Karnataka High Court has advised the Ministry of Finance and the Reserve Bank of India to have a re-look into the norms of One Time Settlement Scheme .....

Tags : Karnataka High Court, OTS Norms for Loan Recovery

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Chit foreman authorized to recover amount of future subscription from defaulting subscriber(06.11.2019)

The issue which has arisen for consideration in the present Civil Appeal is with respect to the jural relationship between a chit fund entity and the .....

Tags : Defaulting subscriber, Payment, Recovery

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Enforcement Directorate Arrests Kapil Wadhawan in Iqbal Mirchi Case(28.01.2020)

Enforcement Directorate has arrested Dewan Housing Finance’s former Chairman and Director, Kapil Wadhawan for his alleged role in financing the loan t.....

Tags : Enforcement Directorate, Kapil Wadhawan

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ITAT Mumbai Allows Depreciation on Goodwill Resulting from Acquisition of Business Unit(28.01.2020)

Income Tax Appellate Tribunal (ITAT) Mumbai has allowed depreciation on goodwill resulting from the acquisition of Business Unit of Lee & Muirhead Pvt.....

Tags : Income Tax Appellate Tribunal, Depreciation on Goodwill

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SC Issues Notice on PIL Challenging Order Retrospectively Amending Tenure of ED Director(16.02.2021)

Supreme Court has issued notice on a Public Interest Litigation filed by Common Cause challenging the order dated 13th November, 2020 which retrospect.....

Tags : Supreme Court, Amending Tenure of ED Director

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CBIC Extends Sanction for Pending IGST Refund Claims on GSTR-1 and GSTR-3B(18.02.2021)

Central Board of Indirect Taxes and Customs (CBIC) has notified the extension of Sanction for pending Integrated Goods and Services Tax refund claims .....

Tags : Central Board of Indirect Taxes and Customs, Pending IGST Refund Claims

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CBIC Notifies Decrease in Customs Duty on Gold and Silver(19.02.2021)

Central Board of Indirect Taxes and Customs (CBIC) has notified the decrease in customs duty on gold and silver. The Board has notified the reduction .....

Tags : Central Board of Indirect Taxes and Customs, Customs Duty on Gold and Silver

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Allahabad High Court Stays Arrest of Directors and Writers of ‘Mirzapur’ Series(19.02.2021)

Allahabad High Court has stayed the arrest of 'Mirzapur Series' Directors and Writers namely Karan Anshuman, Gurmeet Singh, Puneet Krishna and Vineet .....

Tags : Allahabad High Court, Directors and Writers of ‘Mirzapur’ Series

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Date of filing of affidavit is not starting point from when workman would become entitled to receive last drawn full wages(05.11.2019)

The grievance of the Appellant, who appears in person, is that under Section 17B of Industrial Disputes Act, 1947, he was entitled to payment of the l.....

Tags : Wages, Payment, Right to receive

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A decision on debatable point of law or fact cannot be corrected by way of rectification(11.11.2019)

Present order disposes of an application praying for rectification of mistake in final order. Learned Counsel for the applicant has submitted that, pr.....

Tags : Final order, Rectification, Entitlement

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DRT Rejects Kingfisher’s Plea(11.07.2016)

Debt Recovery Tribunal (DRT), Bengaluru, has rejected interlocutory application filed by Kingfisher Airlines seeking permission to make amendment to i.....

Tags : Debt Recovery Tribunal , Kingfisher Airlines

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No leniency to TNUSRB in Fake Expert Opinion Case : Madras HC(23.04.2019)

Madras High Court has held that no leniency or misplaced sympathy shall be shown to the persons manning the TN Uniformed Services Recruitment Board (T.....

Tags : Madras High Court, TN Uniformed Services Recruitment Board (TNUSRB)

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CBDT Reiterates: PAN-Aadhaar Linkage Compulsory to File Income Tax Returns(25.04.2019)

Central Board of Direct Taxes (CBDT) has once again reiterated that the linking of Aadhaar with PAN Card is mandatory for filing income tax returns.

Tags : Central Board of Direct Taxes , PAN Card, Aadhar

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CBDT Reiterates: PAN-Aadhaar Linkage Compulsory to File Income Tax Returns(25.04.2019)

Central Board of Direct Taxes (CBDT) has once again reiterated that the linking of Aadhaar with PAN Card is mandatory for filing income tax returns.

Tags : Central Board of Direct Taxes , PAN Card, Aadhar

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Bombay HC to CBDT: Reconsider Its Proposal to Incentivise CIT (A) to Enhance Assessments(25.04.2019)

Bombay High Court has asked Central Board of Direct Taxes ( CBDT ) to reconsider its decision to incentivize the Commissioner of Income Tax (Appeals) .....

Tags : Central Board of Direct Taxes , Bombay High Court, Commissioner of Income Tax (Appeals)

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SC Seeks Report Over DND Case Listing(26.04.2019)

Supreme Court has sought report from its registry as to how the Delhi-Noida Direct (DND) toll flyway matter which involves "hundreds of crores of rupe.....

Tags : Supreme Court, Delhi-Noida Direct (DND) toll flyway

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Supreme Court Deprecates Passing of Orders with Caveat to Not Consider as Precedent(14.04.2021)

Supreme Court has deprecated the practice of passing orders suffixed with the caveat that the said order is not to be treated as a precedent on the gr.....

Tags : Supreme Court, Orders with Caveat to Not Consider as Precedent

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CBDT Extends Deadline for Uploading UDIN for Audit Forms/Audit Certificates(05.04.2021)

Central Board of Direct Taxes (CBDT) has extended the deadline for uploading of UDIN for Audit Forms / Audit certificates till 30th April, 2021. The U.....

Tags : Central Board of Direct Taxes, Uploading UDIN for Audit Forms/Audit Certificates

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CBIC Amends Notification Prescribing Effective Rate of Duty on Goods(05.04.2021)

Central Board of Indirect Taxes and Customs (CBIC) has amended the notification which seeks to prescribe effective rate of duty on goods consequent to.....

Tags : Central Board of Indirect Taxes and Customs, Effective Rate of Duty on Goods

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CBDT Notifies Scrapping of Certain Forms for Income Tax Deductions(05.04.2021)

Central Board of Direct Taxes (CBDT) has notified that Form 10G, 56, 3CF-I, 3CF-II and 3CF-III under the Income Tax Act, 1961 ceased to be effective o.....

Tags : Central Board of Direct Taxes, Forms for Income Tax Deductions

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Delhi HC Directs for Alternate Remedies to Family of a Man Incorrectly Buried in Saudi Arabia(06.04.2021)

Delhi High Court has directed the Ministry of External Affairs to expedite and suggest alternate legal remedies for the process of exhumation and tran.....

Tags : Delhi High Court, Man Incorrectly Buried in Saudi Arabia

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CBIC Notifies Customs (Verification of Identity and Compliance) Regulations, 2021(07.04.2021)

Central Board of Indirect Taxes and Customs (CBIC) has notified the Customs (Verification of Identity and Compliance) Regulations, 2021, which will be.....

Tags : Central Board of Indirect Taxes and Customs, Customs (Verification of Identity and Compliance) Regulations, 2021

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Bombay High Court Questions Non-Working of Mumbai Debt Recovery Tribunal(24.07.2018)

Bombay High Court has questioned the shutdown of Debt Recovery Tribunal (DRT) following a fire in the said building premises over a month ago and expr.....

Tags : Bombay High Court, Debt Recovery Tribunal

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Allahabad HC Allows Recital of Azan from Minarets of Mosques(15.05.2020)

Allahabad High Court has allowed the Muezzins of various mosques in the State to recite the Azan, even amid lockdown, holding that recital of Azan is .....

Tags : Allahabad High Court, Recital of Azan

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Bombay HC Directs Payment of Salary & Dues to 'Retired' Director of Management College(18.05.2020)

Bombay High Court has directed the Mumbai University to pay salary dues to a professor cum director of a Management Institute run by the university fo.....

Tags : Bombay High Court, Payment of Salary & Dues to 'Retired' Director of Management College

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Kerala HC Quashes Recruitment Notification Issued by Kerala University(10.05.2021)

Kerala High Court has quashed a recruitment notification issued by the Kerala University on the ground that it treated professors of different departm.....

Tags : Kerala High Court, Recruitment Notification Issued by Kerala University

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Delhi HC Issues Notice in Plea Seeking Directions to Safeguard Interest of Orphans(10.05.2021)

Delhi High Court has issued notice to Union Of India, Ministry Of Women & Child Development, Ministry Of Health & Family Welfare, Government Of NCT Of.....

Tags : Delhi High Court, Directions to Safeguard Interest of Orphans

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Kerala HC: Recovery Proceeding Under Domestic Violence Act Only Ancillary Proceeding(22.04.2021)

Kerala High Court has held that recovery proceedings instituted under Section 20 of the Domestic Violence Act, 2005 would not operate as a bar on a Fa.....

Tags : Kerala High Court, Recovery Proceeding Under Domestic Violence Act

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Madras HC Suggests Lyca Productions and Film Director, Shankar to Resolve Differences(23.04.2021)

Madras High Court has suggested that Lyca Productions and film director Shankar sit across the table and resolve their differences in completing the K.....

Tags : Madras High Court, Lyca Productions and Film Director, Shankar

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Supreme Court Extends Last Date for Submission of Applications to May 1(26.04.2021)

Supreme Court has extended the last date for submission of applications for Advocate on Record examinations till 1 PM on 1st May, 2021.The extension h.....

Tags : Supreme Court, Advocate on Record Examination

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Bombay HC: All Persons Wearing Masks Incorrectly Shall be Booked Under Relevant Offences(27.04.2021)

Bombay High Court has come down heavily on lockdown violators, including people not wearing masks properly, and has asked the police in 11 Marathwada .....

Tags : Bombay High Court, All Persons Wearing Masks Incorrectly

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Supreme Court Directs Govt. to Produce Medical Records of Siddique Kappan(27.04.2021)

Supreme Court has directed the State Government to produce medical records of Kerala based Journalist Siddique Kappan, who is allegedly "chained like .....

Tags : Supreme Court, Medical Records of Siddique Kappan

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Judgment of acquittal may be reversed or otherwise disturbed only for very substantial and compelling reasons(09.12.2019)

In facts of present case, Dafadar Kartar Singh, the Respondent was tried by the Summary Court Martial for a civil offence of house breaking by night. .....

Tags : Allowances, Direction, Legality

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Govt Extends Due Date for Filing Statement of Financial Transaction to June 30(01.06.2017)

Central Government has extended last date for filing Statement of Financial Transaction (SFT) Returns to 30th June 2017.

Tags : Central Board of Direct Taxes, Financial Transaction

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Madras HC Issues Notice on Plea Seeking Distribution of Direct Cash Benefits(09.04.2020)

Madras High Court has issued notices on a Public Interest Litigation seeking distribution of all cash benefits under various Schemes of the State and .....

Tags : Madras High Court, Distribution of Direct Cash Benefits

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SC Approves MP Governor's Decision to Direct Floor Test Even While House is in Session(13.04.2020)

Supreme Court has held that the power exercised by the Governor of Madhya Pradesh to convene the assembly for a floor test cannot be regarded as “cons.....

Tags : Supreme Court, MP Governor's Decision to Direct Floor Test

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CBIC Notifies Ad hoc Exemption from IGST on Imports of Specified COVID-19 Relief Material(04.05.2021)

Central Board of Indirect Taxes and Customs (CBIC) has notified the Ad hoc Exemption from Integrated Goods and Services Tax on imports of specified CO.....

Tags : Central Board of Indirect Taxes, IGST on Imports of Specified COVID-19 Relief Material

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SC Stays Kerala HC Judgment Allowing Live-In Couple to Reclaim Surrendered Biological Child(04.05.2021)

Supreme Court has stayed the operation of a Kerala High Court judgment that restored the custody of a surrendered child to his biological parents, a c.....

Tags : Supreme Court, Reclaiming Surrendered Biological Child

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CBDT Notifies Pension Fund Named CDPQ Fixed Income XI Inc. Eligible for Exemption(06.05.2021)

Central Board of Direct Taxes (CBDT) has notified a Pension Fund namely CDPQ Fixed Income XI Inc. as eligible for exemption of Income from dividends, .....

Tags : Central Board of Direct Taxes, CDPQ Fixed Income XI Inc.

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Authorities are duty bound in law to make necessary inquiries before making changes in the birth certificate(23.12.2019)

In present petition, under Article 226 of the Constitution of India, 1950, the Petitioner has prayed to direct the Respondents no. 3 & 4 to delete the.....

Tags : Records, Name, Deletion

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A person deprived of using legitimately entitled money has a right to be compensated for the deprivation by way of interest, compensation or damages(26.12.2019)

The Review Petitioner, Power Grid Corporation of India Ltd., has filed the present Review Petition under Section 94 of the Electricity Act, 2003 read .....

Tags : Refund, Bank Guarantee, Direction

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RBI directs banks to link SWIFT (Society for World Interbank Financial Telecommunication System Platform) with Core Banking Solutions (CBS)(20.02.2018)

In order to mitigate the incidence of fraud, RBI mandated the banks to implement, within the stipulated deadlines, the prescribed measures for strengt.....

Tags : Linkage, SWIFT, CBS, Direction

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42nd GST Council Meeting recommends eight major changes(05.10.2020)

The 42nd GST Council met on 5th October, 2020 under the Chairmanship of Union Finance & Corporate Affairs Minister. The meeting was also attended by U.....

Tags : GST Council, Meeting, Recommendations

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State Government is not under any obligation to always adopt Dearness Allowance as revised by Central Government(13.02.2019)

Instant Appeals arise out of the judgment by which the High Court affirmed the order of the learned Single Judge directing the Appellant-Board to pay .....

Tags : Dearness Allowance, Direction, Validity

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A party cannot approbate and re-approbate at the same time(13.01.2020)

The Appellant has preferred this appeal under Section 421 of Companies Act, 2013 against the order passed by National Company Law Tribunal vide which .....

Tags : Transfer, Direction, Legality

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ITAT: Depreciation Not Allowable on Office Premises if it is Assessed as House Property Income(24.06.2019)

Income Tax Appellate Tribunal (ITAT) Mumbai has held that the Assessee is not eligible to claim depreciation on office premises granted on the lease a.....

Tags : ITAT, Depreciation

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ITAT Kolkata: Subsidy Collected Under Technical Upgradation Fund Scheme is Capital Receipt(25.06.2019)

Income Tax Appellate Tribunal (ITAT) Kolkata has noted that the subsidy received under the technical upgradation fund (TUF) scheme is the capital rece.....

Tags : ITAT Kolkata, Capital Receipt

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Kerala HC Stays Order of ADM, Lakshadweep Directing APP to Attend Legal Cell at Secretariat(26.05.2021)

Kerala High Court has stayed an order of the Additional District Magistrate (ADM), Lakshadweep, directing the Assistant Public Prosecutor (APP) at the.....

Tags : Kerala High Court, Order of ADM, Lakshadweep Directing APP to Attend Legal Cell

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CBIC Issues Circular Extending Validity of Authorized Economic Operator Certificates(27.05.2021)

Central Board of Indirect Taxes and Customs (CBIC) has issued a circular where the validity of the Authorized Economic Operator (AEO) is extended so a.....

Tags : Central Board of Indirect Taxes and Customs, Validity of Authorized Economic Operator Certificates

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Kerala HC Directs State to Decide on Giving Additional Charge to Director of Mining Department(01.06.2021)

Kerala High Court has directed the State government to revisit its decision to give C.K. Baiju, Director-in-Charge of the Mining and Geology Departmen.....

Tags : Kerala High Court, Additional Charge to Director of Mining Department

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Government amends Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2014 easing norms for independent directors(18.12.2020)

Central Government amends Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2014 in exercise of powers conferred under Sec.....

Tags : Rules, Amendment, Independent directors

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RBI issues directions on Digital Payment Security Controls(18.02.2021)

In order to set up a robust governance structure, RBI issues direction on Digital Payment Security Controls. The Master Direction provides necessary g.....

Tags : Digital Payment, Security, Direction

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ITAT, Delhi Allows Taxmann Publication Claim of Depreciation on Intangible CMS Software(16.07.2020)

Income Tax Appellate Tribunal (ITAT), Delhi has directed the Assessing Officer to allow the Assessee, Taxmann Publication to claim depreciation on the.....

Tags : Income Tax Appellate Tribunal, Taxmann, Depreciation on CMS Software

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SC Issues Notice on Plea Seeking Audio-Video Recording of Witness Statements by Police(17.07.2020)

Supreme Court has issued notice to the Union Ministry of Home Affairs on a Petition seeking implementation of audio-video recording of witness stateme.....

Tags : Supreme Court, Audio-Video Recording of Witness Statements

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Kerala HC Sets Aside Recruitment of District Judge on Not Being Advocate on Date of Appointment(20.07.2020)

Kerala High Court has set aside the appointment of a District and Sessions Judge, who was selected via direct recruitment, on the ground that he was n.....

Tags : Kerala High Court, Recruitment of District Judge

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CBDT Relaxes Electronic Filing of Income Tax Forms 15CA / 15CB in View of Technical Difficulties(15.06.2021)

Central Board of Direct Taxes (CBDT) has relaxed the Electronic Filing of Income Tax Forms 15CA / 15CB, in view of the difficulties reported by taxpay.....

Tags : Central Board of Direct Taxes, Electronic Filing of Income Tax Forms 15CA / 15CB

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DGFT Changes Export Policy of Injection Remdesivir and Remdesivir Active Pharmaceutical Ingredients(15.06.2021)

Director-General of Foreign Trade (DGFT) has notified the changes in the Export policy of Injection Remdesivir and Remdesivir Active Pharmaceutical In.....

Tags : Director-General of Foreign Trade, Export Policy of Injection Remdesivir and Remdesivir Active Pharmaceutical Ingredients

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Debt Recovery Tribunal has no power to condone delay in filing Review Application under RDB Act(21.01.2020)

In the present case, the Respondent had filed a review petition before the Debt Recovery Tribunal with the application for condonation of delay which .....

Tags : Delay, Debt Recovery Tribunal

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Central Board of Direct Taxes Notifies Cost Inflation Index for FY 2021-22(16.06.2021)

Central Board of Direct Taxes has notified the cost inflation index (CII) for the financial year (FY) 2021-22 in a notification dated 12th June, 2021,.....

Tags : Central Board of Direct Taxes, Cost Inflation Index

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Delhi HC Upholds Order for Registering FIR for Caste-Based Questions in Recruitment Exam(16.06.2021)

Delhi High Court has upheld a trial court order directing for the registration of a First Information Report against unknown offenders under the Sched.....

Tags : Delhi High Court, Caste-Based Questions in Recruitment Exam

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SEBI Notifies Promoters and Directors Dealings to be Brought Under System Driven Disclosures(17.06.2021)

Securities and Exchange Board of India has decided to bring listed companies' promoters and directors' dealings in listed debt securities under the pu.....

Tags : Securities and Exchange Board of India, Promoters and Directors Dealings

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CBIC: 5% GST Applicable on Composite Supply of Service of Milling Wheat Into Flour(18.06.2021)

Central Board of Indirect Taxes and Customs (CBIC) has clarified that 5% Goods and Services Tax is applicable on the composite supply of service by wa.....

Tags : Central Board of Indirect Taxes and Customs, Composite Supply of Service of Milling Wheat Into Flour

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CBIC: Laterals/Parts Used with Sprinklers or Drip Irrigation System Taxable at 12% GST(18.06.2021)

Central Board of Indirect Taxes and Customs (CBIC) has clarified that laterals/parts to be used solely or principally with sprinklers or drip irrigati.....

Tags : Central Board of Indirect Taxes and Customs, Laterals/Parts Used with Sprinklers or Drip Irrigation System

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Calcutta HC Condemns Outsourcing 'Recording of Judicial Orders' to Police Personnel(02.08.2017)

Calcutta High Court has frowned upon Magisterial practice of outsourcing recording of judicial orders to police personnel, and framed guidelines for “.....

Tags : Calcutta High Court, Recording of Judicial Orders

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Personal Expenses of Directors of Company Can’t be Disallowed Without Sufficient Proof: ITAT(24.09.2018)

Delhi bench of ITAT, has held that while deleting an addition against the assessee-Company, that the personal expenses of the Directors/ Office bearer.....

Tags : ITAT, Personal Expenses of Directors

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Jammu and Kashmir High Court to Govt: Submit Report About Digitisation of Revenue Record(18.07.2019)

Jammu and Kashmir High Court has directed the State Government to submit detailed report about status of digitization of revenue record in J&K. The Co.....

Tags : Jammu and Kashmir High Court, Revenue Record

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Apex Court: Deposits Collected by Finance Company are Capital Receipts(22.07.2019)

Apex Court has held that the deposits collected by a finance company are capital receipts and not revenue receipts. The Court also held that the prima.....

Tags : Apex Court, Capital Receipts

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Karnataka HC: Non-Compliance of SOP Should Not be Ground to Prohibit Candidate from Writing Exam(30.07.2020)

Central Board of Direct Taxes ( CBDT ) has extended the due date of filing Income Tax Returns for the Financial Year 2018-19 to 30th September 2020.

Tags : Central Board of Direct Taxes, Income Tax Returns

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Gauhati HC Denies Bail to Former DIG for Leaking State Police Recruitment Examination Paper(28.06.2021)

Gauhati High Court has rejected the bail pleas filed by three primary accused persons including a Retired Deputy Inspector General of Assam Police in .....

Tags : Gauhati High Court, Leaking State Police Recruitment Examination Paper

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Bombay HC Refuses Plea to Record Court Proceedings(13.10.2016)

Bombay HC has dismissed a petition demanding for video recording of proceedings in all courts of the country on ground that it was a fundamental right.....

Tags : Bombay HC, video recording ,

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SC: Recruiting Agency Cannot be Forced to Fill Available Posts When Persons of Merit Not Available(05.08.2019)

Supreme Court has clarified once again that recruiting agency cannot be forced to fill up all available posts even if the persons of desired merit are.....

Tags : SC, Recruiting Agency

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SC Directs Centre to File Affidavit on Implementation of Audio-Video Recording of Witness Statements(07.08.2020)

Supreme Court has directed the Centre to file its affidavit before 7th September, 2020 on the issues of implementation of audio-video recording of wit.....

Tags : Supreme Court, Audio-Video Recording of Witness Statements

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MP HC Imposes Installation of Water Harvesting/Recharge System as Bail Condition(10.08.2020)

Madhya Pradesh High Court has directed the Bail applicants to install Water Harvesting System or Water Recharge System in his/her lodge/house in which.....

Tags : Madhya Pradesh High Court, Water Harvesting/Recharge System

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DGFT Removes Import Restrictions on Refined Palm Oil, Refined Palm Olein, Potatoes(02.07.2021)

Director-General of Foreign Trade (DGFT) has temporarily removed import restrictions on refined palm oil, refined Palm Olein, Potatoes. According to a.....

Tags : Director-General of Foreign Trade, Import Restrictions on Refined Palm Oil, Refined Palm Olein, Potatoes

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Calcutta HC Issues Interim Stay on Teacher Recruitment Process for Upper Primary Schools(02.07.2021)

Calcutta High Court has imposed an interim stay on West Bengal government's ongoing process of recruitment of teachers for primary schools till the ne.....

Tags : Calcutta High Court, Teacher Recruitment Process for Upper Primary Schools

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Request for change of the date of birth in service records at the fag end of service is not sustainable(05.02.2020)

The Appellants are before present Court assailing the order passed by the Division Bench of the High Court. Through the said order, the Division Bench.....

Tags : Service records, Change, Legality

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CESTAT had no jurisdiction to extend time already set down in Customs Broker Licensing Regulations, 2013(23.05.2017)

In fact of present case, Appellant is a Customs Broker holding Customs Broker Licence valid till 2018. Appellant is engaged in customs clearance work .....

Tags : Direction, Notice, Validity

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When power has been exercised by Authority in a manner impermissible in law, Court is empowered to interfere with decision of Authority(05.06.2017)

Petitioner, which is an unaided and self financed educational institution, established by a registered trust namely Shimla Education Society Trust imp.....

Tags : Course, Recognition, Grant

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The principle of 'No Work No Pay' cannot be made applicable in extraordinary circumstances prevailing in the country due to the pandemic of COVID-19(12.05.2020)

By present petition, the Petitioner Union has made a grievance that, after the lock-down has been effected and though the members of the Petitioner Un.....

Tags : Wages, Payment, Direction

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CBDT amends Income-tax Rules, 1962 to ease authentication of electronic records submitted in faceless assessment proceedings(07.09.2021)

The Government has amended Income-tax Rules, 1962 ('the Rules') vide notification no. G.S.R. 616(E) dated 6th September, 2021 for easing the process o.....

Tags : Rules, Amendment, Authentication, Electronic records

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Supreme Court Refuses to Entertain Plea Seeking Directions for Proper Disposal of Bodies(28.06.2021)

Supreme Court has refused to entertain the plea filed seeking directions for framing of a policy to protect the rights of the dead and controlling the.....

Tags : Supreme Court, Directions for Proper Disposal of Bodies

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SEBI: Two-Thirds of Members of NRC and AC of Listed Company to be Independent Directors(30.06.2021)

Securities and Exchange Board of India has said that two-thirds of the members of the nomination & remuneration committee (NRC) and the audit committe.....

Tags : Securities and Exchange Board of India, Independent Directors

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CBIC Notifies Waiver of Amount of Penalty for Non-Compliance to GST Invoice QR Code Provisions(01.07.2021)

Central Board of Indirect Taxes and Customs (CBIC) has notified the waiver of the amount of penalty for non-compliance to Goods and Service Tax (GST) .....

Tags : Central Board of Indirect Taxes and Customs, Non-Compliance to GST Invoice QR Code Provisions

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CBIC Notifies Covid-19 Testing of Live Animals Before Importing Into India(01.07.2021)

Central Board of Indirect Taxes and Customs (CBIC) has notified the requirement of COVID-19 testing in live animals before importing into India. The B.....

Tags : Central Board of Indirect Taxes and Customs, Covid Testing of Imported Live Animals

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SC Directs Union to Take Appropriate Steps on Finance Commission's Recommendations for COVID Relief(01.07.2021)

Supreme Court has directed the Union of India to take appropriate steps on the recommendations made by the Finance Commission in its XVth report regar.....

Tags : Supreme Court, Finance Commission's Recommendations for COVID Relief

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Mandatory pre-deposit is required to be deposited before Tribunal within 30 days for further benefits(26.05.2020)

Challenge in present appeal is to the order passed by learned Single Judge disposing off the petition granting 30 day's time to the appellant/petition.....

Tags : Pre-deposit, Direction, Legality

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Supreme Court Says '50 Lakh Crackers Should Be Enough For Delhi, NCR'(12.09.2017)

Supreme Court has banned transportation of firecrackers in the National Capital. In the order Court mentioned that there is enough stock of firecracke.....

Tags : Supreme Court, firecrackers

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Higher Remuneration Paid to Director of Company Can’t be Disallowed: ITAT(03.10.2018)

ITAT, Mumbai has held that the excess Remuneration paid to the Director of the Government cannot be disallowed since there is no requirement to get ap.....

Tags : ITAT, Director, Remuneration

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Receipt for Relinquishment of ‘Right to Sue’ Not Taxable: ITAT(05.10.2018)

Income Tax Appellate Tribunal (ITAT) has held that consideration received for relinquishment of ‘Right to Sue’ does not attract income tax either unde.....

Tags : ITAT, Receipt for Relinquishment, Right to Sue

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J&K HC: Govt. Generating Lot of Litigation Due to Ad-hocism in Recruitments, Promotions(13.08.2020)

Jammu and Kashmir High Court has sought comments from the Union Territory Administration as to how to make all recruitments and promotions strictly in.....

Tags : Jammu and Kashmir High Court, Ad-hocism in Recruitments, Promotions

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Calcutta HC Quashes NCLT Order for Submission of Record of Default for Filing Sec 7 Applications(20.08.2020)

Calcutta High Court has struck down the order passed by the National Company Law Tribunal (NCLT) which mandated submission of record of default from .....

Tags : Calcutta High Court, Submission of Record of Default

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Madras HC: Erection of Cell Phone Towers to Connect India Absolute Need of Hour(12.07.2021)

Madras High Court has observed that erection of cell phone towers to connect India through its length and breadth is the absolute need of the hour, es.....

Tags : Madras High Court, Erection of Cell Phone Towers

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Promoters include the entity which is constructing building as well as entity which is selling apartments or plots(25.03.2020)

The consumer complaint filed by the Appellant, which was an association representing the buyers, seeks diverse reliefs including the grant of possessi.....

Tags : Party, Impleadment, Direction

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Centre notifies the Consumer Protection (Direct Selling) Rules, 2021(28.12.2021)

Central Government notifies the Consumer Protection (Direct Selling) Rules, 2021 in exercise of the powers conferred by clause (zg) of sub-section (2).....

Tags : Rules, Direct selling, Notification

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Delhi HC Stays Broadcast of Sudarshan TV's Show Communalising UPSC Recruitment of Muslims(31.08.2020)

Delhi High Court has stayed the broadcast of a show of Sudarshan News channel allegedly based on "infiltration of Muslims" in the Civil Services, on a.....

Tags : Delhi High Court, Communalising of UPSC Recruitment

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Delhi HC Orders Ministry of Corporate Affairs to Set Aside Disqualification of Directors(07.09.2020)

Delhi High Court has passed an order to set aside the disqualification of Petitioners as Directors who were disqualified under a retrospective applica.....

Tags : Delhi High Court, Disqualification of Directors

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DGFT Extends Date for Mandatory Electronic Filing of Non-Preferential CoO(20.07.2021)

Director-General of Foreign Trade (DGFT) has notified the extension of the date for Mandatory electronic filing of Non-Preferential Certificate of Ori.....

Tags : Director-General of Foreign Trade, Date for Mandatory Electronic Filing of Non-Preferential CoO

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CBDT Extends Electronic Filing IT Forms 15CA/15CB Till August 15(21.07.2021)

Central Board of Direct Taxes (CBDT) has extended the electronic filing of Income Tax Forms 15CA/15CB till 15th August, 2021.

Tags : Central Board of Direct Taxes, Electronic Filing IT Forms 15CA/15CB

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J&K HC: Omission to Record Statement of Accused Not Fatal to Validity of Trial(21.07.2021)

Jammu & Kashmir High Court has held that in the absence of any prejudice to the accused or demonstrated failure of justice, omission to record his sta.....

Tags : Jammu and Kashmir High Court, Omission to Record Statement of Accused

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Supreme Court Rejects Petition Challenging NGT Order on Use of Firecrackers in Delhi-NCR, Upholds Ban(23.07.2021)

Supreme Court has rejected the petition challenging the National Green Tribunal's (NGT) order on the usage of firecrackers in the Delhi-NCR region. Th.....

Tags : Supreme Court, Firecrackers

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Reserve Bank of India issues (Regulatory Framework for Microfinance Loans) Directions, 2022(14.03.2022)

Reserve Bank of India issues (Regulatory Framework for Microfinance Loans) Directions, 2022. The provisions of the directions shall apply to All Comme.....

Tags : Microfinance loans, Framework, Directions

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47th GST Council recommends change of rates on goods and services(29.06.2022)

The 47th GST Council met under the Chairmanship of Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman. The meeting was also atte.....

Tags : Council meet, Recommendation, Rates

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GST Council recommends several measures for streamlining compliances in GST(11.07.2023)

The 50th meeting of the Goods and Services Tax (GST) Council was held, under the chairpersonship of the Union Finance and Corporate Affairs Minister.G.....

Tags : Recommendations, Meeting, GST Council

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RBI issues Master Directions on Prepaid Payment Instruments (PPIs)(27.08.2021)

Reserve Bank of India (RBI) issues Master Directions on PPIs in public interest. The provisions of MD-PPIs shall apply to all Prepaid Payment Instrume.....

Tags : Master Directions, Directions, Issuance

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52nd GST Council recommends changes in GST tax rates and measures for facilitation of trade(07.10.2023)

The 52nd GST Council met under the Chairpersonship of Union Minister for Finance and Corporate Affairs. Foreign going vessels are liable to pay 5% IGS.....

Tags : GST Council, Recommendations, Measures

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Promoters include the entity which is constructing building as well as entity which is selling apartments or plots(25.03.2019)

The consumer complaint filed by the Appellant, which was an association representing the buyers, seeks diverse reliefs including the grant of possessi.....

Tags : Party, Impleadment, Direction

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CBIC Launches Online Filing of Application for Authorised Economic Operators(13.07.2021)

Central Board of Indirect Taxes & Customs (CBIC) has inaugurated the online filing of Authorised Economic Operators (AEO) T2 and T3 applications. The .....

Tags : Central Board of Indirect Taxes & Customs, Filing of Application for Authorised Economic Operators

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Karnataka HC Directs Gulbarga Electricity Company to Reconsider Decision on Recovery of Dues(13.07.2021)

Karnataka High Court has directed the Gulbarga Electricity Supply Company Limited to reconsider its decision to recover unpaid electricity dues of the.....

Tags : Karnataka High Court, Recovery of Electricity Dues

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CBDT Approves Income Tax Exemption to Patanjali Research Foundation Trust(14.07.2021)

Central Board of Direct Taxes (CBDT) has approved the Income Tax Exemption to Patanjali Research Foundation Trust based in Haridwar under the category.....

Tags : Central Board of Direct Taxes, Patanjali Research Foundation Trust

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DGFT: Importer Not Required to Furnish Quarterly Returns for Import of Water-Mark Bank Note Paper(14.07.2021)

Director-General of Foreign Trade (DGFT) has notified that the importer is no longer required to furnish quarterly returns for import of Water-mark Ba.....

Tags : Director General of Foreign Trade, Import of Water-Mark Bank Note Paper

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MP HC Grants Protection to Couple Receiving Threats from Parents(15.07.2021)

Madhya Pradesh High Court has granted protection to a couple receiving threat from their parents after observing that persons, being major, voluntaril.....

Tags : Madhya Pradesh High Court, Protection to Couple Receiving Threats from Parents

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Government allows direct listing of securities by public Indian companies on International Exchanges of GIFT-IFSC(24.01.2024)

The Department of Economic Affairs, Ministry of Finance, has amended Foreign Exchange Management (Non-debt Instruments) Rules, 2019, and notified the .....

Tags : Direct listing, Securities, Companies

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Any petition to challenge the date of birth mentioned in the service book at the fag end of service is not maintainable(28.08.2020)

Present petition under Article 226 of the Constitution of India, 1950 has been filed against the order by which the Petitioner has been retired from s.....

Tags : Date of birth, Correction, Maintainability

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Green Firecrackers Only for NCR, Not for Entire Country: Supreme Country(31.10.2018)

Supreme Court has clarified that its order on green crackers is only for the National Capital Region for now and not for the whole country.

Tags : Supreme Court, Green Firecrakers

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Green Firecrackers Only for NCR, Not for Entire Country: Supreme Court(31.10.2018)

Supreme Court has clarified that its order on green crackers is only for the National Capital Region for now and not for the whole country.

Tags : Supreme Court, Green Firecrakers

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Top Court: Non Payment of Debt After Issuance of Recovery Certificate not 'Continuing Wrong'(13.09.2019)

Top Court has ruled that non-payment of debt after the issuance of recovery certificate cannot be regarded as a continuing wrong so as to give rise to.....

Tags : Top Court, Recovery Certificate

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Bombay HC Refuses to Recall Order Restraining Financial Institutions from Recovering EMIs(23.09.2020)

Bombay High Court has dismissed an application seeking recall of a order directing various financial institutions not to recover EMIs from home buyers.....

Tags : Bombay High Court, Recovering EMIs

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CBIC Extends Due Date for Filing FY19 GST Returns(30.09.2020)

Central Board of Indirect Taxes and Customs has extended the due date for filing annual goods and services tax returns for the financial year ended Ma.....

Tags : Central Board of Indirect Taxes and Customs, GST Returns

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CBDT Notifies Constitution of Special Court for Income Tax and Black Money Cases(06.08.2021)

Central Board of Direct Taxes (CBDT) has notified the constitution of special courts under section 280A(1) of the Income Tax Act, 1961 and section 84 .....

Tags : Central Board of Direct Taxes, Special Court for Income Tax and Black Money Cases

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Stockholm Chamber of Commerce Launches New Tool for Parties to Receive Legal Assessment of Dispute(06.08.2021)

Arbitration Institute of the Stockholm Chamber of Commerce has launched the “SCC Express,” a new tool in which parties can receive a legal assessment .....

Tags : Stockholm Chamber of Commerce, New Tool for Parties to Receive Legal Assessment of Dispute

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Central Government approves recapitalisation of Export-Import Bank of India(16.01.2019)

The Union Cabinet, chaired by the Prime Minister has approved the recapitalization of EXIM Bank. Recapitalization Bonds by Government of India to the.....

Tags : Recapitalisation, Exim bank, Approval

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RBI issues advisory to banks to ensure the presence of two Whole Time Directors(25.10.2023)

RBI advises banks to ensure the presence of at least two Whole Time Directors (WTDs), including the MD and CEO, on their Boards. The number of WTDs sh.....

Tags : Appointment, Time Director, Board

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Ministry of Consumer Affairs Issues Draft Rules for Regulation of Direct Selling Companies(05.07.2021)

Ministry of Consumer Affairs has issued draft rules for mandatory registration of direct selling companies such as Amway, Oriflame, Tupperware and sim.....

Tags : Ministry of Consumer Affairs, Direct Selling Companies

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MP HC: Article 20(3) Isn't Violated If Magistrate Directs Accused to Give Voice Samples(05.07.2021)

Madhya Pradesh High Court has observed when an accused is asked to give a voice sample by the Magistrate, it can't be said that he is being compelled .....

Tags : Madhya Pradesh High Court, Direction to Accused to Give Voice Samples

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Calcutta HC Extends Interim Stay on Teacher Recruitment Process for Upper Primary Schools(05.07.2021)

Calcutta High Court has extended the interim stay imposed on the West Bengal government's ongoing process of recruitment of teachers for primary schoo.....

Tags : Calcutta High Court, Interim Stay on Teacher Recruitment Process

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Chhattisgarh HC Issues Practice Directions to Magistrates Trying Offences Under NI Act(05.07.2021)

Chhattisgarh High Court has issued practice directions to Magistrates and Trial Courts having jurisdiction to try offences under the Negotiable Instru.....

Tags : Chhattisgarh High Court, Practice Directions to Magistrates Trying Offences Under NI Act

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CBDT Extends Electronic Filing of Income Tax Forms 15CA / 15CB(06.07.2021)

Central Board of Direct Taxes (CBDT) has extended the electronic filing of Income Tax Forms 15CA/15CB to 15th July, 2021. Taxpayers can submit the sai.....

Tags : Central Board of Direct Taxes, Electronic Filing of Income Tax Forms 15CA / 15CB