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TAXING NUMBERS: PAN AND NOW, DIN

   25 March 2010 at 12:48

After introducing unique account numbers for taxpayers (PAN) and those for tax deductors (TAN), the government will this fiscal introduce a unique document identification number (DIN) to be quoted on "every" income tax related communicatio ..

Posted in Taxation |   517 Views


Remission of Sentences

   25 March 2010 at 07:38

Top court says the President or a governor cannot consider remission of sentence of a person convicted of a heinous crime before 14 years of the actual sentence NEW DELHI Removing certain inconsistencies in some verdicts of the Supreme Court on the ..

Posted in Constitutional Law |   1347 Views


Presidential pardon open to judicial scrutiny: Supreme Court

   25 March 2010 at 06:58

New Delhi: Remission (reduction of sentence) or pardon granted to life convicts by the president or a governo ..

Posted in Constitutional Law  1 comments |   306 Views


Crisis of merit in lower judiciary

   25 March 2010 at 06:54

NEW DELHI: Judiciary faces a crisis of merit at a crucial layer as majority of the states are finding it difficult to fill 25% of district judge posts through a limited departmental examination that was devised to give talent a speedy promotion rout ..

Posted in Constitutional Law |   273 Views


DELHI BUDGET: DIESEL, LPG, CNG TO COST MORE IN THE CAPITAL

   23 March 2010 at 11:38

Delhiites will have to shell out more from their pockets for virtually everything from cooking gas to diesel with Delhi government withdrawing subsidy on LPG and increasing VAT on many items to "generate" additional revenue. Presenting the ..

Posted in Taxation |   352 Views


HC CLEARS AIR ON REOPENING OF I-T ASSESSMENT

   23 March 2010 at 11:38

The validity of reopening an income tax (I-T) assessment has to be determined on the basis of the law as it stands on the date of reopening and not on the basis of a retrospective amendment in the law, the Bombay High Court has said. The recent cour ..

Posted in Taxation |   419 Views


NO TAX ON PAYMENT TO UK, US AFFILIATE FOR PROFESSIONAL SUPPORT

   23 March 2010 at 11:37

Payments made by an Indian arm of a multinational to its US or UK-based affiliate for professional support service will not be taxed here in India, the Authority for Advance ruling has said in a recent ruling. The decision brings more clarity on tax ..

Posted in Taxation |   342 Views


RBI TIGHTENING CYCLE TO SUPPORT INR

   23 March 2010 at 11:37

The decision by the RBI to hike the repo and reverse repo rates by 25 bps last Friday signals the start of a tightening cycle which will keep the INR well supported. The RBI has stressed that developments on the inflation front are a source of growi ..

Posted in Corporate Law |   220 Views


Domestic abuse case can be filed any time: Delhi HC

   23 March 2010 at 07:08

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Posted in Family Law  5 comments |   2192 Views


Court summons for Preity Zinta on IPL ads

   23 March 2010 at 06:24

Chandigad court here Monday issued summons to Bollywood actor and Kings XI Punjab's chairperson Preity Zinta and co-owner Ness Wadia for using pictures of freedom fighters in their Indian Premier League advertisements. The summons were issue ..

Posted in Constitutional Law  2 comments |   389 Views