Telecom Licence Fee as Capex: Court Waives Interest on Tax Dues
SC has waived the interest on tax demand with respect to payment of licence fee under the New Telecom Policy, 1999, which was recently confirmed to be capital in nature.
SC has waived the interest on tax demand with respect to payment of licence fee under the New Telecom Policy, 1999, which was recently confirmed to be capital in nature.
The right to property comprises seven sub-rights or procedures to be adhered to before a person can be deprived of his property: SC.
In a case involving the offence of money laundering, SC held that the accused was open to apply for cancellation of the warrant issued by the Special Court on failure to appear after furnishing bond.
The Consumer Affairs Ministry has confirmed that regulatory measures to address the issue of fake online reviews are currently in the works.
SEBI has mandated that the key investment team of the manager of an AIF should have at least one key personnel with NISM certification.
To expedite proceedings, the Competition Commission of India has notified amendments concerning requests for setting up confidentiality rings.
Recently, IN-SPACe released guidelines regarding the grant of permission for undertaking space activities.
Oasis Projects Ltd. v. National Highway and Infrastructure Development Corpn. Ltd.: Debarment and blacklisting of an entity result in a civil death of its business and therefore the principles of natural justice must.
National High Authority of India v. Ssangyong Engineering and Construction Co. Ltd.: Payment on the basis of a payment certificate not determined as final by the tribunal was illegal.
Garrison Engineer AF v. Yauk Engineers: Arbitrator being a creature of the contract undermines the sanctity of contracts and trust in the arbitration process by granting an award that goes beyond the confines of clear and explicit contractual terms.
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