Section 14A Disallowance Cannot Be More Than Exempted Income: ITAT

The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that section 14A disallowance cannot be more than exempted income.The bench of G.S. Pannu (President) and Sandeep Singh Karhail (Judicial Member) has directed the AO to restrict the disallowance made under section 14A of the Income Tax Act to the extent of exempt income earned by the assessee.Section 14A is a...

ITAT Allows Income Tax Deduction On The Interest Income Received From The Co-Operative Bank

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has allowed the income tax deduction under Section 80P(2)(d) of the Income Tax Act on the entire amount of interest income received from the Co-operative Bank.The bench of Sandeep Singh Karhail (Judicial Member) and S. Rifaur Rahman (Accountant Member) found that CIT(A) granted the relief to the assessee, allowing deduction...

Senior Advocate Designation : Supreme Court Reduces Points Assigned For Publication; Expands Its Scope To Include Teaching Assignments and Guest Lectures

On Friday, while delivering its judgment in pleas seeking modifications in the guidelines regulating the conferment of designation of Senior Advocates as laid down in its 2017 judgment (Indira Jaising v. Supreme Court of India), the Supreme Court said that it would reduce the weightage given to publication in the existing guidelines. Noting that the allocation of 15 points for publication in...

'Serious Lapses In POSH Act Enforcement' : Supreme Court Issues Directions To Strengthen Law Protecting Women From Sexual Harassment At Workplace

The Supreme Court has expressed disquiet at what it called the "serious lapses" in the implementation of the the Sexual Harassment of Women at Work Place (Prevention, Prohibition and Redressal) Act, 2013 [POSH Act], even a decade after its enactment.In this regard, the Court took note of a recent report in a national daily which stated that out of the 30 national sports federations in...

Delhi Government Approaches Supreme Court Again Against Centre; Says Transfer Of Secretary Not Approved Despite SC Verdict In Its Favour

The Delhi Government has again approached the Supreme Court complaining that the Union Government is not approving its decision to transfer a Secretary, despite a Constitution Bench upholding the powers of the Delhi Government to control services (except those related to public order, police and land) a day ago.Senior Advocate Dr.Abhishek Manu Singhvi assisted by Advocate Shadan...

No Strict Age Bar Of 45 Years For Senior Designation, But Only Exceptional Advocates Be Designated Below This Age : Supreme Court

The Supreme Court, on Friday, clarified that it is not in favour of restricting conferment of designation of Senior Advocate only to Advocates who are above 45 years of age. Candidates below the said age should be considered if they display that extra bit of ability to be designated.“While we would not like to restrict applications only to advocates who are above 45 years of age,...

Supreme Court Bids Farewell To Justice Dinesh Maheshwari

Judge of the Supreme Court Justice Dinesh Maheswari speaking at the farewell function organised by the Supreme Court Bar Association (SCBA) on the occasion of his retirement said “A judge doesn’t stand for the plaintiff or the defendant or the complainant or the accused. Just look at the cause and nothing else. Nothing else matters for a judge.” Justice Dinesh Maheshwari served as a...

Supreme Court Grants Protection From Arrest To Bihar IPS Officer Accused of Getting Conman to Impersonate HC Chief Justice

The Supreme Court on Friday issued notice in a plea by an Indian Police Service (IPS) officer named Aditya Kumar who allegedly persuaded a suspected conman to pose as the chief justice of Patna High Court in order to dupe the director general of police to drop a corruption case against him. A bench of Justices Krishna Murari and PV Sanjay Kumar was hearing an appeal preferred by way...

Enrollment Fee : How Can State Bar Councils Charge More Than Rs.600 Prescribed As Per Advocates Act? Supreme Court Asks

In a plea challenging the high enrollment fee charged by state bar councils for new lawyers, the Supreme Court on Friday asked how could the State Bar Councils charge more than the fee prescribed by Section 24(1)(e) of the Advocates Act 1961, which prescribe that the enrolment fee payable to the State Bar Council is Rs 600 and the Bar Council of India is Rs 150.Expressing concerns at...

Courts Can Grant Default Bail Independent Of & Not Relying Upon 'Ritu Chhabria' Judgment: Supreme Court Clarifies

The Supreme Court on Friday clarified that its interim order which directed that any application filed before any court seeking default bail on the basis of Ritu Chhabaria v. Union of India And Ors. should be deferred, shall not preclude any trial courts or High Courts from considering applications for grant of default bail independent of and without relying on the judgement in Ritu Chhabaria....

‘Legal Profession No Longer A Family Profession; Newcomers Must Be Encouraged’: Supreme Court Encourages Diversity In Senior Designations

On Friday, while delivering its judgment in pleas seeking modifications in the guidelines regulating the conferment of designation of Senior Advocates as laid down in its 2017 judgment (Indira Jaising v. Supreme Court of India), the Supreme Court emphasised on the importance of the aspect of diversity in the process of designation of Senior Advocates. “The legal profession is no...

Gyanvapi Case | Allahabad High Court Directs ASI To Conduct Scientific Survey Of 'Shiva Linga' Without Damaging It

In a significant order, the Allahabad High Court has directed the Archaeological Survey of India (ASI) to conduct a scientific survey (using modern techniques) of the 'Shiva Linga' that has purportedly been found inside the Gyanvapi Mosque premises in Varanasi to ascertain its age.The order was passed today by the bench of Justice Arvind Kumar Mishra-I while ALLOWING a revision plea moved by...