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SC: Reservation not a matter of right

   20 April 2009 at 13:48

The Supreme Court has ruled that no citizen of India can claim reservation either in jobs or in admission to educational institutions as a matter of right and reservation cannot be given at the cost of efficiency in administration and governance as p ..

Posted in Constitutional Law  5 comments |   346 Views


ONLY PEER REVIEWED AUDITORS FOR LISTED COS, SAYS ICAI

   20 April 2009 at 13:20

Only audit firms with peer review certificates issued by the ICAI can henceforth conduct audit of listed companies in India. This new norm will come into force from accounting periods commencing from April 1, 2009, the audit profession regulator ICAI ..

Posted in Others |   365 Views


NO SERVICE TAX ON RENTING PREMISES FOR BUSINESS: HC

   20 April 2009 at 13:19

Companies cannot be subjected to service tax for renting premises to run their businesses, the Delhi High Court has ruled while disposing of petitions filed by some retailers against a government directive. The court struck down Centre's notification ..

Posted in Taxation  1 comments |   6997 Views


DGFT ISSUES CLARIFICATION ON EXPORT OBLIGATION

   20 April 2009 at 13:19

The Director General of Foreign Trade (DGFT) has issued a useful clarification (Policy Circular No. 80/2008, dated April 30, 2009). It follows the amendment in Para 4.22 of the Handbook of Procedures, Vol. 1 (through Public Notice No. 151/2008 dated ..

Posted in Corporate Law |   432 Views


U P - H C -Higher Judicial Services Posts Notified

   20 April 2009 at 09:34

The Allahabad High issued Notification for direct recruitment of 69 Vacancies in Uttar Pradesh Higher Judicial Services ( 41 Back Log & 27 Current . Last Date for Submission of Applications is 15-5-2009 -See Hindu Daily 2-4-2009Page 7 ..

Posted in Others  1 comments |   534 Views


A LAW CANNOT BE INVALIDATED ON POSSIBILITY OF ITS MISUSE

   20 April 2009 at 09:28

The Supreme Court of India has held that a law cannot be declared invalid simply on the ground that it is likely to be misused.A bench comprising Justices Arijit Pasayat and M K Sharma while upholding the conviction of a husband under section 498-A I ..

Posted in Criminal Law  3 comments |   362 Views


Former SC Judge Krishna Iyer’s plea to Prime Minister

   19 April 2009 at 21:33

The text of a letter written by Justice V.R. Krishna Iyer, former Supreme Court Judge, to Prime Minister Manmohan Singh, dated April 17, 2009:I would like to bring to your attention a case of grave injustice which is a cause of much shame to Indian d ..

Posted in Constitutional Law  1 comments |   173 Views


Chief Justice of India wants Judges to disclose assets

   18 April 2009 at 22:34

The Chief Justice of India has written to chief justices of all High Courts to consider adopting the apex court judges' practice of declaring their assets at the time of their appointment and every year subsequently," said a Supreme Court official, a ..

Posted in Others  1 comments |   340 Views


Transfer of Kasab's case to Juvenile Court rejected

   18 April 2009 at 20:51

The designated court judge M L Tahilyani rejected a petition seeking transfer of case of Mohammad Ajmal Amir Kasab, the lone Pakistani terrorist captured during the 26/11 terror attacks in the city, to the juvenile court.Kasab’s lawyer Abbas Kazmi to ..

Posted in Criminal Law  1 comments |   275 Views


CHARGE OF INTEREST UNDER SECTION 234B OF IT ACT

   18 April 2009 at 12:53

ITAT, DELHI BENCH ‘H’: DELHITurner Broadcasting System Asia Pacific, Inc.v.ADIT (Int’l Taxation)ITA No. 724 (Del)/2008March 13, 2009 RELEVANT EXTRACTS:3.1 Section 209 furnishes the method for computation of advance-tax payable by the assessee. It ..

Posted in Taxation  1 comments |   9681 Views