The Bombay High Court ruled that the interest awarded in motor accident claims would not be eligible to tax, not being an income. The question as to whether the income earned under section 194A of The...
The Supreme Court of India has upheld the amendments made to the Insolvency and Bankruptcy Code (IBC). This will help in classifying home buyers as financial creditors. The said amendment will benefit...
Shamnad Basheer, an Indian scholar and founder of Increasing Diversity by Increasing Access to Legal Education (IDIA) passed away in a tragic car accident in Chikamagalur, Karnataka on 8th of August...
[ By Bobby Anthony ]Alcoholic beverages maker Diageo has received a fresh notice from the Securities and Exchange Board of India (SEBI).Effectively, SEBI has reiterated its earlier direction to Diageo...
The appellant, NDTV had filed the return of income for the Assessment Year 2009-2010 under Section 139(1) of the Income Tax Act, 1961 (IT Act) declaring a loss of 64.83 crores. The appellants’ return...
[ By Bobby Anthony ]Television news broadcaster NDTV plans to file an appeal at the Supreme Court against what the company has claimed is an “incorrect” order by the Securities Appellate Tribunal...
[ by Legal Era New Network ]The facts of the case date back to 1954 when an individual instituted a suit against the ‘mutt’ for “recovery of possession” of the suit land based on an acquisition of...
[ By Bobby Anthony ]The parliament has passed a bill which seeks to increase the number of Supreme Court judges from the present 30 to 33 judges which is aimed at reducing the pendency of cases.The...
[ By Bobby Anthony ]The Delhi High Court has dismissed the pleas of the Enforcement Directorate seeking cancellations of bail of two accused in a money laundering case allegedly involving the...
S&R Associates represented IRB Infrastructure Developers Limited (“IRB”), one of India’s largest private roads and highways infrastructure developers, in investments of up to Rs. 440 billion in its...
