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Lawyersclubindia News


Governor clears prosecution of Kerala CPI(M) leader

   08 June 2009 at 13:02

Rejecting the State Cabinet’s clear advice to the contrary, Kerala Governor R.S. Gavai on Sunday conveyed his permission to the Central Bureau of Investigation (CBI) to prosecute Communist Party of India (Marxist) State secretary Pinarayi Vijay ..

Posted in Criminal Law |   321 Views


CBEC CHANGES STAND ON DUTY DRAWBACK

   08 June 2009 at 12:12

Merchant exporters have good news. They will be entitled to full rate of duty drawback (including the excise portion) against export of goods they purchase from the market. This is a complete reversal of the stand consistently taken by the Central Bo ..

Posted in Taxation |   368 Views


INDUSTRY SEEKS MORE PROGRESSIVE AMENDMENTS IN IT ACT

   08 June 2009 at 12:12

With the communications and IT ministry working on framing the draft rules for certain provisions of the IT (Amendment) Act, 2008, industry bodies and the legal fraternity have queered the pitch for more progressive regulation. The ministry had sough ..

Posted in Taxation |   135 Views


I-T DEPT SEES RS 800-CRORE TAX EVASION

   08 June 2009 at 12:11

The Income Tax Department is probing tax evasion of Rs 800 crore by some stock brokers who are believed to be diverting profits, earned on trading in NSE, BSE and commodity markets, to “non-deserving” clients through manipulation of clien ..

Posted in Taxation |   113 Views


Law Minister to discuss legal reforms with Bar Council

   08 June 2009 at 11:56

THE ministry of law and justice is open to judicial reforms and opening up Indian legal services to foreign law firms, minister for law and justice Dr Veerappa Moily said on the sidelines of an event held in New Delhi recently. “We will bring a ..

Posted in Others |   209 Views


Patna HC orders to send jailed MP to Lok Sabha for taking oa

   08 June 2009 at 10:57

Patna High Court ordered incarcerated MP Kameshwar Baitha, elected from Palamu (Reserved) Lok Sabha, constituency in Jharkhand, to be sent to Parliament for taking oath.While hearing a petition of Mr Baitha, Justice Mridula Mishra directed the Inspec ..

Posted in Others |   162 Views


SC upholds conviction, sentence of 10 under TADA

   08 June 2009 at 10:57

The Supreme Court has upheld the conviction and sentence of ten people under TADA, involved in the killing of nine others belonging to the rival gang of liquor vendors in Ahmedabad on Aug 3, 1992.A bench comprising Chief Justice K G Balakrishnan and ..

Posted in Criminal Law |   525 Views


No plan for quota to backward classes in higher judiciary: L

   08 June 2009 at 10:56

Law Minister Veerappa Moily today said there was no immediate plan to introduce reservation for backward classes in the higher judiciary.The subordinate judiciary already has reservation for these classes, but there was no proposal under the Governme ..

Posted in Others |   155 Views


SC says no to stay on land acquisition process in Mumbai SEZ

   08 June 2009 at 10:55

The Supreme Court refused to stay land acquisition process for Mumbai SEZ owned by Mukesh Ambani-led Reliance Industries, involving 8,000 hectares of land worth about Rs 6,000 crore.A vacation bench comprising Justices B Sudershan Reddy and Aftab Ala ..

Posted in Others |   172 Views


80C I-T cap could go up by Rs 50,000

   08 June 2009 at 10:40

UPA-II’s first Budget may bring some relief for individual taxpayers. The finance ministry is considering a proposal to hike the Rs 1-lakh limit for tax-deductible investments under Section 80C of the Income Tax Act, 1961 by another Rs 50,000. ..

Posted in Taxation |   181 Views