Even as an "additional tax" has been imposed, through an Ordinance the Ordinance has made it clear that this tax would not be applicable on items such as agricultural implements, fresh vegetables, salt, newsprint, bangles, handicrafts, PDS ..
Tax planning as opposed to tax evasion has legal sanction, and if a dealer plans his transactions in such a manner that he pays less tax, it is not open to the revenue to subject him to a conscience audit or moral assessment. The power to lift the v ..
A city court today granted permission to the Enforcement Directorate to record the statements of Satyam Computer Services founder B Ramalinga Raju and four other accused in the Satyam scam case.In his order, XIV Additional Chief Metropolitan Magistra ..
A total of 48 witnesses were examined by the designated court, conducting the trial in the 26/11 terror attack, and all them identified the accused number one, the lone captured Pakistani terrorist Ajmal Amir Kasab.The court examined the witnesses in ..
A city court ordered that security be provided to the undertrial who has raised the issue of mobile phones being used by the undertrial in Tihar jail.Chief Metropolitan Magistrate Kaweri Baweja also directed the Delhi police to make a fresh inquiry i ..
‘The timing, scope and extent of audit are all matters which fall within the jurisdiction of the Comptroller and Auditor (CAG) of India and this is certainly not a matter on which the Court ought to tread’. The Hon’ble Bombay High ..
The government is looking into formulating new rules for de-notification of special economic zones in the wake of several developers, including realty major DLF, approaching the Commerce Ministry for surrendering their tax-free enclaves."The de ..
The Supreme Court issued notices to both the Union and Mayawati-led U P governments on a petition challenging the wholesale transfer of IAS and IPS officers in Uttar Pradesh, following dismal performance of the ruling BSP in the State in the recently ..
A compensation of Rs 60 lakh has been awarded to the parents of an accident victim by the Lok Adalat.Chief Justice of the Madras High Court H L Gokhale yesterday, handed over the cheques totaling Rs 60 lakh to the parents of a person who died in a ro ..
The Madras High Court today granted bail to former Chairman and Managing Director (CMD) of Indian Bank M Gopalakrishnan and former Assistant General Manager(AGM) of the bank A V Shanmugasundaram, who were sentenced for 14 years rigorous imprisonment ..
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