IPRs acquired is entitled to get tax benefit; Supreme Court [Read Judgment]

The Supreme Court has ruled, in favour of the Assessee and against an order dated 23rd December, 2010 passed by the Division Bench of the High Court of Karnataka at Bangalore, that Intellectual Property such as brand name, copyright and know-how are of capital nature and it can claim deduction or depreciation in Income Tax.In this case, Mangalore Ganesh Beedi Works v CIT, the partnership...

Food Panda India alleged to be levying inflated VAT: Delhi HC directs investigation on NLU Delhi Students’ Petition

The Delhi High Court Single Bench, Justice Rajiv Sahai Endlaw, in a Writ Petition filed by two law students directed the Delhi government to investigate the charges levelled against Food Panda India Ltd., one of the leading food market-place in India, that the latter was levying an overstated Value Added Tax on customers using its services.The petitioners Pranav Jain and Aroon Menon who are final year students at National Law University, Delhi are the founders of the website www.kitnatax.com...

Entry of Delhi police into the Kerala Guest House was totally illegal; Justice Katju

Former Supreme Court Judge Justice Markandeya Katju condemned the Delhi Police on it's entry in to Kerala Government Guest House allegedly for searching "beef". The Delhi police searched Kerala House on Monday evening to verify whether beef was served in the Canteen.Here is the Full text of Justice Katju's post published in his blog"There has been an uproar over the alleged serving of beef in...

SC orders suo motu PIL to consider suffering by Muslim women due to “arbitrary” divorce rules

The Supreme Court has ordered registration of a PIL and urged Chief Justice H L Dattu to set up a Special Bench to consider gender discrimination suffered by Muslim women owing to “arbitrary divorce and second marriage of their husbands during the currency of their first marriage”.This comes 30 years after the Supreme Court urged the government to frame a uniform civil code to “help in...

Government Sets-Up a Committee to Simplify the Provisions of The Income Tax Act, 1961

The Government of India has constituted a Committee with a view to simplify the provisions of the Income Tax Act, 1961, with the following composition:(i) Justice R.V. Easwar, (Retd.), former Judge, Delhi High Court and former President, ITAT    -   Chairman(ii) Shri V.K. Bhasin, former Law Secretary            -           Member(iii) Shri Vinod Jain,...

Madras HC stays Disciplinary proceedings against lawyers suspended by Bar Council of India

The Madras High Court Bench on Monday restrained the Special Disciplinary Committee (SDC), set up to hold an inquiry against 14 lawyers suspended by Bar Council of India for storming court rooms and shouting slogans against judges, from going ahead with its proceedings slated to start today.A Division Bench, comprising Justices R.Sudhakar and V M Velumani, passed the interim order on a PIL...

Delhi Govt mulling bringing down drinking age from 25 to 21; NGOs assist with suggestions

A month after the Delhi government first expressed its wish to reduce the drinking age from 25 to 21, Community Against Drunk Driving, a leading NGO working in the field held consultations with Chief Minister Arvind Kejriwal and submitted series of recommendations.Prince Singhal, Co-founder and campaigner initiator of the CADD submitted in its report compiled with the help of Delhi Police...

Breaking; The Delhi High Court [Amendment] Act 2015 comes in to force Today

The Ministry of Law & Justice has notified that the Delhi High Court Amendment Act, 2015, which received the assent of the President on 10.8.2015, has been brought into force from today i.e. 26.10.2015. The Act provides for enhancement of pecuniary jurisdiction of the District Courts of Delhi from Rs. 20 lakh to Rs. 2 crore. The last revision of pecuniary jurisdiction of District Courts...

President appoints 22 Additional Judges in High Courts

In a Major development after the NJAC Judgment, President of India has appointed 22 Additional Judges in various High Courts.Justices (i) Smt. Samapati Chatterjee, (ii) Shri Sahidullah Munshi, (iii) Shri Subrata Talukdar, (iv) Shri Tapabrata Chakraborty, (v) Shri Arindam Sinha, (vi) Shri Arijit Banerjee, and (vii) Shri Debangsu Basak are appointed as Additional Judges in Calcutta High Court for...

Castrate Child Abusers; Provide Sex Education for Children; Madras High Court

Madras High Court Judge Justice N.Kirubalan in his order dated 16.10.2015, suggested ‘Castration’ as an additional punishment for child abusers. In the Judgment, which is already became a subject of hot debates he said as follows;“CASTRATE CHILD ABUSERS” Blood curdling, horrific, sadistic, terrifying, shocking, cruel and brutal gang rapes of toddlers in New Delhi, in October, 2015...

Maharashtra to withdraw August 27 Sedition Circular; Triumphant turning point in Aseem Trivedi’s legal battle

The Chief Minister of Maharashtra Shri. Devendra Fadnavis made his much awaited statement on controversial August 27 order pertaining to sedition that it will be scrapped as early as possible. "We are scrapping the controversial circular. We do not require it. We will inform the Bombay high court accordingly," he said, reports Times of India.According to the impugned circular, any...

Realistic costs should be imposed to discourage frivolous litigations ; Delhi High Court [Read Judgment]

Delhi High Court came down heavily on three appellants, for filing frivolous cases and appeal. Division bench of Justices Gita Mittal and J P.S. Teji dismissed the appeal filed by the appellants with costs of Rs.6,00,000/- payable in equal shares of `2,00,000/- by each of them, in addition to counsel's fee of Rs. 19,750/-.Delhi High Court said that the instant case manifests abuse of...