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Lawyersclubindia News


Higher TDS rate if PAN not disclosed

   24 July 2008 at 15:14

The move is being viewed as an effort by the government to expand the taxpayer base.Companies and individuals who do not reveal their Permanent Account Number (PAN) while receiving income from any source will be liable to pay tax deducted at source ( ..

Posted in Taxation |   300 Views


Third-party info to help govt track excise evasion

   24 July 2008 at 15:14

Transporters, banks and power utilities may have to share information about their corporate clientele with the excise department. The Central Board of Excise and Customs (CBEC) is formulating a third-party information system to tackle the rampant eva ..

Posted in Taxation |   226 Views


Nintendo loses patent infringement case, may have to pull controllers from store shelves

   24 July 2008 at 15:14

If you’ve thought about purchasing a GameCube, Wavebird or Wii Classic controller sometime in the future, you might want to go ahead and grab one now. Nintendo has just lost a case that may very well see these controllers taken off the market.Nintend ..



A legislative foray into executive power?

   23 July 2008 at 08:44

In the past, Parliament has seen many a confidence motion on political as well as non-political issues, but never before has a treaty — stemming from the country's foreign policy — been central to a trust motion, which the Manmohan Singh government m ..

Posted in Constitutional Law |   245 Views


Ram Setu: Centre to seek vacation of stay in SC today

   23 July 2008 at 08:44

The Supreme Court will decide today whether the study by Archeological Survey of India (ASI) to ascertain if Ram Setu is a monument of national heritage, is required.In the meantime the Center is likely to seek vacation of interim stay against the de ..

Posted in Civil Law |   388 Views


Court says no to mother, grants child's custody to grandparents

   23 July 2008 at 08:44

A Delhi court today granted the custody of a minor child to the grandparents rejecting the plea of her biological mother.Ms Y (name changed) was married to Mr X (name changed) on June 11, 1998 as per Christian rights and customs and two children were ..

Posted in Family Law |   1289 Views


NRI status must for gift tax benefit, says ITAT

   23 July 2008 at 08:44

NRIs should make their trips to the homeland shorter if they want to avail themselves of the gift tax exemptions, says a recent ruling by a tax tribunal.The gift tax exemptions will not be available to an NRI if he loses his special status on account ..

Posted in Taxation |   420 Views


India-Singapore IPR cooperation will be signed soon - minister

   23 July 2008 at 08:44

A bilateral agreement on Intellectual Property Rights (IPR) cooperation between India and Singapore will be signed soon, Kamal Nath, India's union minister of commerce and industry said.During his bilateral meeting with Lim Hng Kiang, minister for tr ..



Rexahn adds to cancer patent portfolio

   23 July 2008 at 08:44

Rexahn Pharmaceuticals Inc. has won its third patent for a cancer treatment in nine months.The Rockville-based company said the Patent and Trademark Office has issued a patent for RX-0183 and related compounds, small molecules that inhibit the protei ..



VocalTec Receives $9.2 Million Netfrom the Sale of 11 of its 22 Patents

   23 July 2008 at 08:44

VocalTec Communications Ltd. a global provider of carrier-class multimedia and voice-over-IP solutions for communication service providers, announced today the closing of the Patent Purchase Agreement (PPA) for the sale of selected patents to Karo Mi ..