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Fidelity Insurance What is Fidelity Insurance?Fidelity insurance protects organizations from loss of money, securities, or inventory resulting from crime. Common Fidelity claims allege employee dishonesty, embezzlement, forgery, robbery, safe burglar ..
Bar of Indian Lawyers vs. D. K. Gandhi (Supreme Court)The State Commission, Delhi, held that services rendered by a Lawyer would not come within the ambit of s. 2(1)(o) of the Consumer Protection Act, 1986, as the client executes the power of attorne ..
Om Metals Infraprojects vs. CIT (ITAT Jaipur) Where the assessee entered into an agreement with the Vidharbha Irrigation department for supply, erection and installation of dam gates and the question arose whether it was “developing an infrastructura ..
 Where the assessee entered into a ‘secondment agreement’ with a US Company and obtained the services of an employee and the question arose whether the reimbursement by the assessee to the US Company of the salary paid by the US Company was chargeabl ..
While laws are to be complied with, the time by which actions need to be taken should be mentioned. Failure to do so makes actions time-barred to the prejudice of the parties concerned. However, powers to condone delays vest in the authorities concer ..
Where the AO issued a notice under section 147 of the Act and also tried to serve it on the assessee within the limitation period of six years but the assessee claimed that same was served only after the expiry of the limitation period and the ques ..
Vinod Solanki vs. UOI (Supreme Court) Where during FERA search proceedings the accused-appellant allegedly confessed to violations of the law and later filed an affidavit retracting his confession and the Tribunal and the High Court rejected the retr ..
CIT vs. ITI Ltd (Supreme Court) Where the assessee-employer allowed the employees the benefit of deduction under section 10 (5) of the Act without collecting evidence to show that its employees had actually utilized the amounts paid towards Leave Tra ..
While shareholders' agreements are enforceable in England regardless of whether they have been incorporated in the articles of association of the company, in India they are not enforceable unless incorporated in the articles. This state of affair ..
Even an Indian company can claim the benefits of non-discrimination under the DTAAWhere the assessee was an Indian company and more than 51% of its equity share capital was held by a German company (Daimler Benz AG) and pursuant to an offshore merge ..
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