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TELECOM DISPUTES SETTLEMENT AND APPELLATE TRIBUNAL
Unexercised ESOP buyback gains taxable as LTCG, not salary income: ITATThe Income Tax Appellate Tribunal determined that employee stock options are not considered part of salary perks until they are exercised. ...- Senior citizen fined for parking in open space wins relief; Maharashtra court orders housing society to allot a convenient parking spotSenior citizen allotted inconvenient parking spot by builder in 2011 leading her to park car in open space; Housing society levied penalty ...
- Currently nine trade disputes pending against India under WTO rules: GovtIndia is facing nine pending disputes at the WTO, Parliament was informed on Tuesday. The cases, filed by countries including Japan, China,...
- SC asks JioStar to approach Delhi HC in TRAI tariff framework disputeThe Supreme Court directed JioStar India Pvt Ltd to approach the Delhi High Court. JioStar challenged parts of TRAI's regulatory framework ...
- Govt cuts ₹16,688 crore in tax disputes after appeal threshold hikeThe government withdrew thousands of tax appeals after raising litigation limits. This action reduced disputed tax demand by over sixteen t...
- Disputed tax demand down Rs 16,690 cr since hike in monetary limit for filing appeals, LS toldHigher monetary limits for tax appeals have reduced disputed tax demand by about ₹16,690 crore, with over 23,000 departmental cases withdra...
- Nuclear Energy: First draft rules of SHANTI Act ready for consultations, final notification likely in few monthsDraft rules for India's SHANTI Act, 2025, are currently under discussion with ministries. Industry inputs are also being sought on the prop...
- ITAT Mumbai cancels income tax notice over Rs 8 crore compensation to tenants without their consent; rejects I-T department's contingent liability claimBuilder's hired firm wanted to pay 56 tenants additional Rs 8 crore to vacate land; Tax Dept sent notice citing this payment as contingent ...
- NCLAT rejects DoT's 469-crore claim appeal in Rolta insolvency; upholds resolution planThe NCLAT has officially dismissed the Department of Telecommunications' (DoT) appeal against Rolta India's resolution plan, stating it has...
- Employee wrongly declared Rs 14 lakh Australian salary in Indian ITR: ITAT grants tax relief but denies Rs 3.4 lakh foreign tax creditEmployee mistakenly declared Rs 14 lakh Australia salary in Indian ITR, later sought Rs 3.4 lakh foreign tax credit in India for tax paid i...
- Karnataka CM DK Shivakumar holds high-level meet as Cauvery row intensifiesKarnataka Chief Minister reviewed the Cauvery water situation after recent authority orders. The Cauvery Water Management Authority directe...
- SC upholds NCLAT order setting aside CCI's Rs 301.6-cr penalty on Grasim IndustriesThe Supreme Court upheld an NCLAT order concerning Grasim Industries. This decision set aside a significant penalty previously imposed by t...
- Sebi agrees to settle all NSE cases, clears way for mega IPOIndia's National Stock Exchange has settled all pending regulatory cases for a significant sum. This settlement clears the final major hurd...
- CBIC readies rules to facilitate filing of multi-state GST appealsThe Central Board of Indirect Taxes and Customs is preparing a new framework that will streamline departmental appeals involving multiple s...
- Nephew allegedly demands share in 5.5-acre ancestral land or Rs 1.5 crore; uncle’s family files FIR against him; SC quashes criminal case for this reasonMan files FIR against people allegedly asking for partnership in 5.5 acre ancestral land or Rs 1.5 crore; SC cancels FIR and rules criminal...
- Youngest son tortured, humiliated elderly father and forced him out of ancestral home; Odisha High Court orders son to vacate property on this groundOld father evicts youngest son from his ancestral village home as son tortured and humiliated him, wins case on this ground in Orissa High ...
- Byju’s-BCCI settlement remains stalled; NCLT pauses buyer searchByju's proposed Rs 158-crore settlement with the BCCI remains unresolved. Creditors have met multiple times but could not reach a decision ...
- UK Court orders Raj Kundra to pay $4.94 million to EMVThe dispute related to a 11.7% stake that Kundra's Kuki Investments Ltd held in Mauritius-based EM Sporting Holdings, the EMV subsidiary th...
- Byju’s creditors clear Aakash settlement proposalThink & Learn's creditors have approved a settlement for the Aakash Educational Services shareholding dispute. This development brings Byju...
- NCLAT allows withdrawal of insolvency case against Oswal Overseas after settlement with creditorThe National Company Law Appellate Tribunal allowed Oswal Overseas' appeal withdrawal after a settlement. Oswal Overseas and LH Sugar Facto...
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