The IT department had issued a tax assessment order in December 2011 asking Vodafone to add Rs 8,500 crore (Rs 85 billion) to its taxable income, thus raising the tax liability of the company.
The plea, filed in the apex court by advocate Ghanshyam Upadhyay, has referred to media reports and claimed that encounter of these five co-accused by the police is "not only extremely illegal, inhuman, but also it is shocking to the conscience of the court and is nothing but Talibanisation of the country, which cannot be countenanced at all".
At present, e-stamping is available in six states -- Karnataka, Maharashtra, Assam, Tamil Nadu, Delhi & National Capital Territory and Gujarat.
Former IPL chief shooed off potential buyers at the behest of Sushanto Roy, says broker
The case relates to alleged money laundering in granting the operational contract of two IRCTC hotels to a private firm.
The finance ministry official may have claimed that the ministry does not have information on the loans sanctioned by different banks to Mallya or the details of the guarantee given by Mallya against those loans, but the ministry had responded to questions in this regard in Parliament in the past.
'In China there is capital punishment for heritage theft. That is how they treat criminals, unlike us.' 'Here we treat them like it's a house-breaking theft.'
Jet is facing insolvency proceedings in the Netherlands as well where it was declared bankrupt after it failed to pay two European creditors.
With this, multilateral lenders like the International Monetary Fund, the World Bank and the European Union may continue downgrading Pakistan, making its financial situation more precarious.
Karnataka Chief Minister B S Yeddyurappa's fate hinges on the decision of a special court in Bengaluru, which will hear a case pertaining to charges that the chief minister is involved in a land scam worth Rs 189.71 crore. This amount is divided into 15 different cases which will be heard by the court on Monday.
The government has written to market regulator SEBI saying Cairn Energy Plc's deal to sell majority stake in its Indian arm to Vedanta Resources does not yet have its approval, a condition contingent for the $8.48 billion deal to consummate.
'The amount involved could as high as Rs 3,500 crore as there are a lot of depositors.' 'Yesterday, I met an investor who put in Rs 4 crore. That man doesn't have Rs 2,000 to spend on medicines.'
Indians are the biggest non-Arab investors in Dubai's real estate market.
Existing and new customers will find it easier to manage or raise loans as banks start cutting rates.
The Supreme Court on Wednesday said that the money likely to be arranged by Sahara Group from overseas to raise Rs 10,000 crore (Rs 100 billion) for the release of its jailed chief Subrato Roy would come into the country only after necessary clearances by RBI.
The Supreme Court-appointed Special Investigations Team on black money has also proposed that holding more than Rs 15 lakh in cash be made illegal for individuals and for companies, report Tinesh Bhasin and Sanjay Kumar Singh.
Tata Sons has moved the Supreme Court against an estimated Rs 300-crore (Rs 3-billion) sales tax demand from the Maharashtra state government.
When opting for any loan, make sure you read the terms and conditions carefully, and understand the 'other charges' to avoid any disappointment at a later stage.
Leading Internet firm rediff.com India has won a cyber-squatting case against a Latin American entity for unauthorised use of a "confusingly similar" domain name.
Como Stocks & Properties is into property development.
The 'Make in India' vision cannot survive in the long-term without concrete measures to build a concurrent 'Create in India' movement.
According to the information available with the WIPO, Geneva-based WIPO Arbitration and Mediation Center has ordered the transfer of domain name to the US-based search giant after Herit Shah of Gujarat offered to surrender the disputed name to Google. Google had challenged the registering of domain name 'googblog.com' by Shah at WIPO stating that it was confusingly similar to its trademark on which the company has rights.
In insolvency proceedings, Ericsson will be treated as only an operational creditor and may end up losing the Rs 550 crore
A will is a document to ensure that your wishes with respect to your estate are followed after your death, says financial advisor Amar Pandit.
The Land and Development Office said no press had been functioning on the premises for at least 10 years and it was being used for commercial purposes in violation of the lease deed.
You would find NBFCs more willing to lend even if you have a poor credit score, says Adhil Shetty
True, Azam Khan is being targeted rather disproportionately and also because of his Muslim identity. That must be protested and resisted. But to say that he is a big messiah, and his profit-making educational enterprise is an issue concerning all Muslims of India, is absolutely unjustified, assert Mohammad Sajjad and Md Mohammad Zeeshan Ahmad.
In her weekly column, mental health guru Anu Krishna offers advice on how to take charge of your life.
The accumulated interest will increase the principal and you will have to pay a higher rate. Borrowers should take the restructuring plan only after they are convinced they have exhausted all other options.
The victim's family had alleged that police had failed to take prompt action on their complaint and delayed action by citing jurisdiction issue between police units of Rewari and Mahendergarh districts.
CBI spokesperson said the agency took over investigation in these cases on the request of Haryana government and further orders from Department of Personnel and Training.
The Bill also makes it mandatory for every person presenting the document at the registration office to affix his passport size photograph and get photographed by a digital camera on the document.
Vadra posted the remark on Facebook as the Congress came out in defence of Vadra and accused the Bharatiya Janata Party of practising political vendetta.
An international convention of people of Indian-origin in the US has demanded voting rights for Indian citizens living outside India and Rajya Sabha seats for Non-Resident Indians.
While riskier than debt, Sebi's stringent guidelines may ensure a safe and liquid product.
The jobless armies of youthful India are getting angrier and desperate, warns Shekhar Gupta.
Special Judge Arun Bharadwaj granted relief to Prasad after he was produced before the court through video conference from a Ranchi jail, where he is lodged in another case, as he was unable to come due to health reasons.
"Charges against him (Peter) are absolutely outrageous," Rahul Mukerjea told ANI with reference to the April 2012 Sheena Bora murder case.
The ED told the apex court that during the investigation it found Chidambaram had 11 'immovable properties' and 17 bank accounts abroad and his custodial interrogation was required to unearth the larger conspiracy in the case.
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