SUMMARY OF CASE LAWS. 43B (b) provides that any sum payable by way of contribution to a provident fund etc shall be allowed as a deduction only in the year of payment. The second proviso to s. 43B provided that the sums referred to in s. 43B (b) woul ..
TOBACCO control rules are being openly flouted in India's commercial hub, Mumbai. There is a ban on advertising of cigarettes and other tobacco products, but there is no Mumbai street where you can't find a cigarette advertisement. Under the rules, c ..
The Supreme Court on Wednesday rejected a demand to include the Malayalam film Pazhassi Raja in the Indian panorama section of the International Film Festival of India, which is to end on Thursday.A Bench comprising Justices Tarun Chatterjee and S.S. ..
NEW DELHI: A trial court summoned eight officials of Director General Central Excise Intelligence following a complaint filed by a man alleging that he was wrongfully confined and beaten up by them. Additional chief metropolitan magistrate Ajay Kuma ..
With one person dying every five minutes in a road accident in the country, the Delhi High Court is in favour of more stringent laws for traffic violators. Referring to a WHO report, which predicts that in the next 10 years almost 5,46,000 deaths wi ..
T he son of Chief Justice of India, KG Balakrishnan, was involved in a minor accident on Wednesday. The incident occurred late in the evening at 8.30pm when he was returning from the airport to his house in Chanakyapuri. According to police, the car ..
Investors will be able to transact in mutual funds units through the National Stock Exchange (NSE) from Monday. UTI Mutual Fund will be the first fund house to use the NSE’s mutual fund platform, which would enable exchange’s members to ..
Banks’ association says the process needs a huge effort. Banks may seek time beyond the March 2011 deadline to shift to International Financial Reporting Standards (IFRS) in view of the mammoth effort required for the switover, according to ind ..
“The vision and values of the Constitution are facing challenges. It is up to us to safeguard the Constitution and its values from such challenges. As has been said the Constitution has not failed us. We have to ensure that we do not fail the C ..
The uncertainty about Karnataka Chief Justice P. D. Dinakaran's elevation to the apex court continues, a circumstance that has helped no one, least of all the judge himself. Apart from the rumours and whispers that it has bred, there has been the rec ..
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