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SECTION 79 IT ACT INTERMEDIARY
NCLT forms 5-member bench to decide on Subhash Chandra's Rs 6.5 crore repayment planA new five-member bench will decide Subhash Chandra's repayment plan. This personal insolvency case involves claims exceeding twenty-two th...
Subhash Chandra Rs 22,000 cr case: NCLT fails to get majority view on insolvency plan with 99.7 percent haircutSubhash Chandra's insolvency case: A tribunal bench referred the case for fresh adjudication. Lenders opposed a proposed repayment plan off...
Sukesh Chandrasekhar gets eight years jail for posing as SC judge to influence bail caseA Delhi court sentenced Sukesh Chandrasekhar to eight years rigorous imprisonment. He impersonated a Supreme Court judge to influence a bai...
In 2006, Illinois listed 10.69 miles of Cahokia Creek as impaired. 14 years later, Heartlands Conservancy's BMPs improved the stream, leading to delisting in 2020Cahokia Creek in Illinois was impaired due to severe streambank erosion and lack of vegetation. Heartlands Conservancy used grant funding t...
SC to hear Monday plea concerning cash donations received by political partiesThe Supreme Court will hear a plea challenging anonymous cash donations below Rs 2,000. This provision of the Income Tax Act is questioned ...
Sintex Industries: NCLAT upholds clean slate principle, rejects shareholder's plea for compensationIn a critical ruling, the National Company Law Appellate Tribunal (NCLAT) upheld the clean slate principle enshrined in the Insolvency and ...
Untested in court, Trump's new tariffs on Canada raise legal questionsPresident Trump invoked a 96-year-old law to impose tariffs on Canadian imports. This action prompted retaliatory measures from Ottawa, str...
Man receives $3.14 lakh from redemption of Bermuda-focused fund; Income Tax Dept considers it black money, imposes Rs 1.8 crore penalty and tax, but he wins case in ITAT DelhiIndian man working in Singapore gets $3.14 lakh from redemption of units of Bermuda focussed investment fund; Tax dept deems it black money...
Karnataka: 3 booked for waving Palestinian flag atop Eid Milad cutout in ShivamoggaPolice booked three men for allegedly waving a Palestinian flag atop a cutout. The act occurred during Eid Milad celebrations in Shivamogga...
Retiring early? Know how much tax exemption can employees claim for VRSYou can claim full tax exemption on VRS if the scheme was launched under special framework; Know how it works for employees claiming VRS.
In 1994, Illinois EPA listed 50.75 miles of Silver Creek as impaired by farm pollution. 28 years later, Illinois removed the creek from its impaired list in 2022Upper Silver Creek in Illinois has been removed from an impaired waters list. Best management practices were installed to reduce pollution ...
Geopolitics blinds world to POK unrestIn the backdrop of Iran's crisis, Pakistan's diplomatic interventions are drawing focus away from its own civil unrest and protest suppress...
Delhi man uses AI to create nude photo of a minor girl, harasses her for over 2 years, extorts Rs 1.2 lakhA 25-year-old man allegedly used an AI-generated nude image to blackmail a Delhi woman who was a minor when the alleged harassment began. P...
CCPA fines Amazon Rs 1 lakh for selling sweets as Ayodhya Ram Mandir prasadThe CCPA fined Amazon Seller Services one lakh rupees for unauthorized religious product sales. Ordinary sweets were falsely advertised as ...
Ladoos, pedas sold as Ayodhya Ram Mandir Prasad found fake: Consumer body fines Amazon for misleading ads; says devotees' religious sentiments exploitedLadoos, pedas, and other sweets sold on Amazon as Ayodhya Ram Mandir Prasad without any temple authorisation have landed the e-commerce gia...
Two or three more chip plants to go live by year-end: IT secretary S KrishnanOn the government’s recently announced second phase of its semiconductor programme, with a $13-billion support, IT secretary S Krishnan sai...
Government examines if Meta recommendation system deciding 'what-to-show-to-whom' fits intermediary statusIf a platform determines what content gets shown to users, it amounts to publishing, and platforms would then have to take responsibility f...