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CONSTITUTION OF TRIBUNALS
Tenant wins tax relief on Rs 38.62 lakh sale of landlord’s property, received for surrendering tenancy rights; know why ITAT Mumbai ruled in his favourA Mumbai tenant received tax relief after selling a property he obtained for surrendering his tenancy rights. The Income Tax Appellate Trib...- Delhi HC rules EY US secondment fees taxable in India, MNCs face higher costs for foreign talentMultinational corporations in India face a new tax challenge following a High Court ruling against EY US. The court determined that payment...
- Karnataka CM Shivakumar's first wish list: Water share, Bengaluru infra boostKarnataka Chief Minister DK Shivakumar has presented his first wish list to the Centre. His top priorities include securing the state's rig...
- Retired employee claims tax exemption on Rs 19 lakh leave encashment; I-T dept issues notice and caps it at Rs 3 lakh; ITAT Chennai grants him full reliefWhen Mr Balasubramanian Venkatachalaperumal from Jagadamal Street retired from ONGC in FY 2019-20, he got Rs 19.05 lakh as leave encashment...
- OFCD case: SC agrees to hear SEBI's plea against SAT relief to SICCL managersThe Supreme Court will hear a plea from SEBI. SEBI challenges a Securities Appellate Tribunal order. The order granted relief to four manag...
- OFCD case: SEBI moves SC against SAT relief to SICCL managers, company secretaryThe Securities and Exchange Board of India has approached the Supreme Court. This follows a Securities Appellate Tribunal order that provid...
- Apparent to everyone 'seat chori' took place, will fight: Natarajan after SC dismisses pleaThe Supreme Court has dismissed Congress leader Meenakshi Natarajan's plea against the rejection of her Rajya Sabha nomination papers. Nata...
- NCLT rejects insolvency plea against Noida Metro Rail Corporation over pre-existing disputesThe National Company Law Tribunal has rejected an insolvency plea against Noida Metro Rail Corporation. The tribunal found genuine disputes...
- Reliance Foundation secures major win as ITAT overturns cancellation of charity registrationReliance Foundation has won a legal battle against the Income Tax authorities regarding the 'charitable' status of its Mumbai hospital. A t...
- IWT treaty: Centre says not a single drop of water will go to Pakistan as it formulates plans to stop flowsIndia is taking steps to ensure Pakistan receives no water from the Indus river system in the coming years. Union Jal Shakti Minister C.R. ...
- Man sold unlisted shares, bought Rs 5.65 cr house, faced income tax scrutiny; he fought back and won in ITAT Delhi despite low income declarationMr. Bansal successfully appealed a tax demand after claiming Section 54F exemption on Rs 7.59 crore long-term capital gains from unlisted s...
- Chhattisgarh HC says Economic Value of Frozen Assets must be preserved during PMLA proceedingsThe Chhattisgarh High Court ruled that asset preservation under PMLA includes safeguarding economic value, not just legal control. This all...
- Can govt employee be terminated from service for suppressing higher qualification: SC to examineThe Supreme Court will review a Telangana High Court ruling. The ruling upheld the termination of a Scheduled Tribe employee for not disclo...
- Even casual employee can claim pension: SC says pension is a right, not favourThe Supreme Court ruled that government employees cannot be denied pension for decades of service due to a lack of formal regularization. I...
- Criticism regarding delays should not be ignored: NCLT ChiefAnupinder Singh Grewal, the new chief of NCLT, has openly recognized the long-standing delays in resolving cases, emphasizing that such fee...
- Reply to plea seeking compliance with recommendations of disability commissions: Supreme Court notice to CentreThe Supreme Court has asked the Centre for its response on a plea seeking guidelines for timely compliance with recommendations from disabi...
- Sebi drops case against NDTV for disclosure lapseThe Securities and Exchange Board of India has closed its case against NDTV. This action relates to alleged disclosure failures concerning ...
- 3 steps private sector employees and managers can take if they disagree with disciplinary committee actionPrivate sector employees and managers facing disciplinary action can protect themselves. Understanding labour laws and principles of natura...
- Delhi Gymkhana club members move HC against centre's vacate order, matter to be heard tomorrowDelhi Gymkhana Club members have approached the Delhi High Court. They are challenging the Central Government's order to vacate its 27.3-ac...
- Govt notifies sports board, tribunal rules to overhaul governance and speed up disputesIndia's sports governance is set for a major overhaul. The Union government has notified new rules for a National Sports Board and a Nation...
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