In a relief to actor Shah Rukh Khan, the Income Tax Appellate Tribunal has overturned an order of the tax authorities to add Rs 2.28 crore he had lent his wife as interest free loan to buy flat and jewellery to his net wealth.
To decide whether capital gains on surrender of call options are taxable
Now with the Prime Minister insisting on quick resolution of all pending grievances, it is highly likely that all backlogs of complaints will be resolved very soon.
Mark Scialla had interviewed several people on December 28 and 29 on alleged health issues faced by them due to the now closed Sterlite copper plant. Rambha said the visa clearly stated that the American national should not embark on any work except tourist activities.
The release of the movie was cleared by the Film Certification Appellate Tribunal.
Since the inception of the code, the threat of insolvency has brought many debtors in line
The Central Information Commission has directed the Central Board of Secondary Examination to allow inspection of class 10th and 12th school records of Union Minister Smriti Irani, rejecting CBSE's contention that it constituted "personal information".
TRAI today made it mandatory for telecom operators to compensate consumers by one rupee for call drops with effect from January 1, 2016.
'Will the BJP now replace a Muslim name for a street or a railway junction with Naipaul's name?' 'It is the least the party can do for its sole Nobel Prize-winning admirer,' says Amulya Ganguli.
The Nobel Prize for Malala may have caused deep divisions across the globe and disturbed the peace, while the award to OPCW, though not without critics, may have served the cause of peace by eliminating a weapon of mass destruction from the face of the earth, says Ambassador T P Sreenivasan.
When a crime is committed, everyone seems to have a view on who has done wrong, and regardless of judicial outcome through due process of law, theories of how justice was done or not done mushroom
Uttam Galva Steels is a part of the Reserve Bank of India's second list of cases, which will be referred to the bankruptcy tribunal for insolvency proceedings after lenders failed to resolve the account by December 2017.
The real estate Bill will stamp out illegal practices prevalent in the industry.
Finance Minister Arun Jaitley on Friday said as many as 37,506 tax dispute cases were pending before various Income Tax Appellate Tribunals having a financial implication of Rs 1.45 lakh crore at end March 2015.
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Stating that there are strong inter-linkages between banks, NBFCs and other deposit-taking entities, he said for monetary policy to be effective and financial markets to remain stable, they should be regulated by the central bank.
The Board of Control for Cricket in India, is locked in a legal battle with the Service Tax (ST) department, which has demanded an amount of Rs 536 crore (approx) as taxes on cricket board's earnings from royalty and media rights in the last one decade.
The final hearing in the case at the London magistrate's court to extradite Mallya to India is scheduled later this month.
While passing the scrutiny of courts is a tough challenge, with eight proposed amendments to the insolvency law, the government has sought to turn the focus back on at least some of the functions of the bankruptcy law.
Tamal Bandyopadhyay offers some unsolicited advice for a government wh,ich came to power, with brute majority and the nation's pragmatic chief money man.
The bench said that non-acceptance of Hadiya's choice would simply mean creating discomfort to the Constitutional right by a Constitutional court which is meant to be the protector of fundamental rights.
The ED has attached assets to the tune of Rs 9,003 crore and filed 173 charge sheets in the financial year 2014-15.
Legal hurdle cited in I-T action against 32,000 entities.
The deceased was heading one team and hotel owners allegedly attempted to intimidate it to stop the demolition drive, officials said.
Are we creeping back to controls on corporate decision making? Three moves over the past eight months reinforce this notion, says Kanika Datta.
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The ministry's move to intervene in the matter comes 20 days before implementation, after broadcasters complained they would suffer huge loss because digitisation was still in the first phase across the country.
The report touches on variety of issues including consent, rights of children, data protection authority and right to recall data.
They've also asked to explain how the disclosure of the documents would impact the country's economic interests.
Indian High Commissioner in Islamabad Gautam Bambawale met Pakistan Foreign Secretary Tehmina Janjua in connection with the case of Jadhav, who has been given death sentence by a Pakistani military court for alleged spying.
Laws in several states are inconsistent with the model Bill passed by Parliament.
Adulterated food can cause cancer, insomnia and other neurological problems, and adulteration is a growing concern across India
'If Rakesh Sinha introduces the bill, but it does not pass the Rajya Sabha in six years, then the bill will lapse.'
The origin of the challenge is the so-called "fresh start" process. Many in the MFI industry apprehend that such a law in India will encourage small unsecured borrowers to default and destroy the credit culture. So, while'Fresh start' is a welcome step as it will free up the debtors from the archaic laws of the colonial era, debtors need handholding and counselling to prevent any misuse, says Tamal Bandyopadhyay.
Finance Minister Arun Jaitley appealed to parties to rise above partisan considerations to support it.
The allegation against Khan is that he had applied to purchase the agricultural land for farming but constructed a farmhouse for personal use instead.
The bill would prohibit unaccounted money from being pumped into the sector and as now 70 per cent of the money has to be deposited in bank accounts through cheques.
'What is happening is worse than Talibanisation.' 'There is no way a film-maker can fight these fringe groups, these extra-constitutional authorities.'
Ahead of the film's release, the godman addressed the media in Mumbai to clear the air about any misapprehension.
CBI not to need prior approval to probe corrupt govt officials.
The Board of Control for Cricket in India will have to come under the ambit of Right to Information Act if it wants to use 'India' as its national team's name, Justice Mukul Mudgal, who headed the committee constituted to draft the Sports Development Bill 2013, said on Monday.
An undertrial prisoner, who used an order bearing the forged signatures of a metropolitan magistrate to get swanky sports shoes, trendy belt and a wrist watch in jail, has been awarded three years imprisonment by a Delhi court.
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