News Updates
Rent Free Accomodation Provided By Partner To Partnership Firm Is Exigible To GST: Tamil Nadu AAR
The Tamil Nadu Bench of the Authority for Advance Ruling, consisting of members T.G. Venkatesh and K. Latha, has ruled that GST is liable to be paid in respect of properties of a Partner rented to a partnership firm, even if it is free of rent, to carry out the business of the firm, since the activity is in furtherance of business and amounts to supply under Section 7 read with Schedule 1...
Remuneration From Partnership Not 'Gross Receipt' For Purpose Of Audit Under Section 44AB Of Income Tax Act: Bombay High Court
The Bombay High Court has ruled that remuneration received from partnership firm cannot be treated as gross receipt in profession for the purpose of compulsory audit under Section 44AB of the Income Tax Act, 1961. The Bench, consisting of Justices K.R. Shriram and N.J. Jamadar, ruled that none of the clauses under Section 44AB envisage the situation where an assessee is carrying on...
Shareholders Of RCFL Permitted To Carry Out A Voting Process Based On Debenture Trust Deeds In Compliance With RBI Circular: Bombay High Court Dismisses SEBI's Appeal
The Bombay High Court bench of Justice Milind N. Jadhav and Justice S.J. Kathawalla, while dismissing the appeal filed by the Securities and Exchange Board of India (SEBI), has permitted the shareholders of Reliance Commercial Finance Ltd. (RCFL) to carry out a voting process based on debenture trust deeds (DTDs) in compliance with the circular issued by the Reserve Bank of...
Kerala Court Denies Bail To Tattoo Artist Sujeesh In Two Rape Cases
A Sessions Court in Kerala has dismissed a couple of bail applications preferred by tattoo artist Sujeesh PS who was accused of rape by two women. Sujeesh, who runs two tattoo studios in the State, had recently made the front page for reportedly sexually abusing multiple women while tattooing them.Additional Sessions Judge Shibu Thomas noted that the investigation was still in the...
Bombay High Court Seeks ED's Response In Anil Deshmukh's Plea For Bail In Money Laundering Case, Hearing On April 8
Former Maharashtra Home Minister Anil Deshmukh has sought bail from the Bombay High Court in case under the Prevention to Money Laundering Act after it was rejected by the special court last week. Justice Anuja Prabhudessai of the High Court has granted a week's time to the Enforcement Directorate to file its reply on the application and kept it for a hearing on April 8....
Even If 'GOD' Encroaches Upon Public Space, Will Order Its Removal: Madras High Court
Madras High Court has observed that "even if GOD encroaches upon public space, Courts will direct removal of such encroachments", since public interest and the rule of law must be safeguarded and upheld.The High Court harshly criticised the encroachment made by Arulmighu Palapattarai Mariamman Tirukoil on a public street by stating that courts are no more concerned by 'who or in what name'...
'Kangana Ranaut Celebrity But Also Accused In A Case': Mumbai Court Refuses Permanent Exemption From Appearance In Javed Akhtar Defamation Case
A Metropolitan Magistrate's court in Mumbai has rejected actor Kangana Ranaut's application seeking permanent exemption from appearance in the defamation suit filed against her by noted lyricist Javed Akhtar, for dragging his name in one of her interviews related to actor Sushant Singh Rajput's suicide. Magistrate RR Khan of the Andheri Metropolitan Court observed that Ranaut was yet...
INX Media Case: Delhi High Court Issues Notice On ED's Plea Challenging Order To Provide Documents To P Chidambaram, His Son
The Delhi High Court on Friday issued notice on a plea by Enforcement Directorate (ED) in the INX Media money laundering case challenging a Trial Court order directing supply of copies of all unrelied documents of the case to Former Union Minister P Chidambaram and his son Karti P. Chidambaram.Justice Yogesh Khanna issued notice on the plea while posting the matter for further hearing on...
Karnataka Govt To Move Bombay High Court Seeking Permission To Produce Varavara Rao Before A Local Court In Alleged Naxal Attack Case
The Karnataka government has informed the High Court that it would be moving an application before the Bombay High Court or the National Investigation Agency Court in Mumbai, seeking to relax the bail conditions imposed on Telugu poet P Varavara Rao's to allow him to appear before a court in Karnataka's Tumkuru district, and face a trial pending against him. A single judge bench of...
'Unfortunate That Father-Daughter Can't Walk On Public Road Without Being Subjected To Lewd Comments': Kerala HC Denies Pre-Arrest Bail To Accused
The Kerala High Court on Wednesday denied anticipatory bail to a man who was accused of injuring a father for questioning him and the other accused for passing lewd comments about his minor daughter. While hearing the matter, Justice Gopinath P. orally remarked that such incidents of father and daughter being subjected to lewd comments while walking on a public road were unfortunate. "It...
Delhi High Court Upholds Right Of Putative Father To Visit Minor Child
The Delhi High Court has observed that a putative father is entitled to visitation rights and that a minor child must not be insulated from parental touch and influence of other parent for his personal growth and development."It cannot be disputed that the respondent, being a putative father shall be entitled to visitation rights. While determining and granting such rights, more so when the...