Bombay HC Seeks Maharashtra Govt’s Stand On Rs. 3,600-Cr Shivaji Memorial Statue

The Bombay High Court on Thursday directed the state government to file an affidavit in reply while hearing a PIL filed by chartered accountant Mohan Bhide.In his PIL, Bhide sought scrapping of the Shivaji Memorial project, calling the state’s budget of Rs. 3,600 crore for the project as “illogical and uncalled for”.A division bench of Chief Justice Manjula Chellur and Justice GS...

Co-Accused Acquittal; MP HC Refuses To Quash Proceedings Against A Person Absconding In Trial

A Gwalior bench of Madhya Pradesh High Court has rejected a plea of a person demanding to quash the proceedings lodged against him on ground the prosecutrix turned hostile and the trial court had acquitted co-accused persons.The prosecution story is the girl aged 17 years was allegedly kidnapped on 26.1.2008 while on way to her school.The petitioner was at the spot with the main accused and...

Bombay HC Restrains Release of Marathi Movie Rubik’s Cube

The Bombay High Court has restrained filmmaker Mahesh Manjrekar from releasing his film titled Rubik’s Cube. The official release date of the movie was this April 14.A 5-page order dictated by Justice GS Patel was passed on Wednesday when the notice of motion in commercial suit filed by Rubiks Brands Ltd. came up of hearing.The plaintiffs contended that the Marathi movie could not be...

Relief to Small Target Mergers- MCA Extends Exemption under M&A Regime

The Ministry of Corporate Affairs (MCA), Government of India, exercising its power under Competition Act, 2002, has issued a notification expanding the scope of small-target exemption.  The notification was dated 27th March 2017 and was published on 29th March 2017.Under the Competition Act, 2002, acquisition/mergers/amalgamations, after crossing a specified threshold were required to...

Finance Act, 2017: No Curb on Withdrawals from Banks, Co-operative Banks and Post Offices

Indian Government in an attempt to curb black money has taken stringent steps to discourage cash transactions but have not placed any restrictions on cash withdrawals from banks, co-operative banks and post office savings bank.Restriction on cash transactionThe Finance Act, 2017 has inserted Section 269ST & 271DA to the Income Tax Act, 1961. These sections place a restriction that no...

Legal Fee Expense Allowed Under Income Tax Act, If Incurred For Commercial Expediency: Madras HC [Read Judgment]

The Madras High Court, in Principal of Commissioner of Income Tax vs M/s Managed Information Services Private Limited, has held that the test to determine whether or not a particular expenditure incurred by an assessee be allowed under Section 37 of Income Tax Act is to ascertain whether or not the expenditure in issue is incurred wholly and exclusively for the purpose of business i.e.,...

Implementation Phase Of Crime And Criminal Tracking Network And Systems Stands Extended By One Year

The Cabinet Committee on Economic Affairs has approved the extension of the implementation phase of the Crime and Criminals Tracking Network and Systems (CCTNS) Project for a year after 31st March 2017.In order to create an integrated and comprehensive system to enhance the effectiveness and efficiency of policing, Government of India has adopted the principle of e-governance and it has led...

Punjab Lawyers’ List; Previous Govt. Finalized The Names, We Retained Able Hands: AG Atul Nanda

Amidst controversy over the list of panel lawyers to represent the Punjab government in Supreme Court and high courts other than Punjab and Harayana High Court, Advocate General Atul Nanda defended inclusion of the names of some star lawyers and also kith and kin of sitting judges in the panel. After the change of guard in state, the previous list of panel lawyers  was revised recently....

Cabinet Nod For India-Bangladesh Cooperation In Judicial Sector

The Union Cabinet on Wednesday has approved signing of MoU between India and Bangladesh in the field of judicial sector cooperation.It is aimed at developing, promoting and strengthening mutual cooperation between the judiciaries of the two countries.As per the press release, the MoU provides for promoting mutual interaction among judges and officials at various levels of the judiciary...

New RTI Rules- No Change In Fee Structure Or Word Limit In RTI Queries ; Govt. Clarifies

Central Government on Wednesday clarified that the allegation that there is a move to dilute the provisions of RTI is unfounded.The Ministry of Personnel, Public Grievances & Pension in a press release stated that a factually incorrect and misleading news report appeared in a section of the media that a new set of RTI Rules have been formulated which creates difficulties and hurdles in...

#Aadhaar Mandatory For PAN Applications & IT Returns From 1st July, 2017

Quoting of Aadhaar for filing of return of income and for making an application for allotment of Permanent Account Number will be mandatory from from 1st July, 2017.Section 139AA of the Income-tax Act, 1961 as introduced by the Finance Act, 2017 provides for mandatory quoting of Aadhaar / Enrolment ID of Aadhaar application form, for filing of return of income and for making an application...

HC Can’t Issue Writ Jurisdiction To Upgrade The College To University: MP HC

The Madhya Pradesh High Court has declined to exercise writ jurisdiction to issue directions to upgrade the status of college to university.A PIL was filed in the Gwalior bench of MP High Court seeking direction to upgrade the status of the State Government run K R G College to the university.The college was established in year 1973 has more than 10000 students runs various courses including...