News Updates
Jharkhand Cabinet Approves Rs 5 Lakh Medical Insurance For 30K Lawyers, 5K Monthly Stipend For New Lawyers, 14K Pension For Senior Lawyers
The Jharkhand government, in a Cabinet meeting chaired by Chief Minister Hemant Soren on September 6, 2024, approved a Rs 5 lakh medical insurance cover for over 30,000 lawyers across the state. Additionally, the Cabinet approved two more key schemes aimed at supporting lawyers. Advocates aged 65 years and above will now receive a monthly pension of Rs 14,000, while newly enrolled advocates...
Extended Period Of Limitation Can't Be Invoked If Officials Are Negligent: CESTAT
The Kolkata Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has stated that no further investigation was conducted by the Revenue for more than two years after the search, hence the extended period of limitation can't be invoked. The Bench of R. Muralidhar (Judicial Member) and Rajeev Tandon (Technical Member) has observed that “the officials did not take up...
Assessee Failed To Explain Huge Variation In Stock And Admitted To Shortage: CESTAT Upholds Penalty Under Section 11 AC(1)(A) Of The Central Excise Act, 1944
The New Delhi Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has stated that the assessee has failed to explain the huge variation in stock and has admitted to the shortage, making them liable under Section 11AC(1)(A) of the Central Excise Act, 1944. Section 11 AC(1)(A) Of the Central Excise Act, 1944 provides that if any excise duty has not been levied,...
Kerala Court Grants Pre-Arrest Bail To Actor-MLA Mukesh And Actor Edavela Babu In Rape Case
A Kerala Court granted anticipatory bail to film actor and MLA Mukesh and Actor and former AMMA General Secretary Edavela Babu in the rape cases alleged against them. The bail application was allowed by Ernakulam Sessions Judge Honey M Varghese. The actors have approached the Court by filing separate anticipatory bail applications over allegations of rape made against them after the...
No Service Tax Can Be Determined Without Clarifying The Category Of Service Under Which The Said Amount Can Be Attributed: CESTAT
The New Delhi Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has stated that no service tax can be determined without clarifying the category of service under which the said amount can be attributed. Under Section 78 of the Finance Act, 1994, if service tax has not been levied, paid, short-levied, short-paid, or erroneously refunded due to fraud,...
No Evidence Of Over-Valuation Of Goods; Transaction Value Wrongly Rejected Under Rule 8 of Customs Valuation Rules: CESTAT
The New Delhi Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has stated that there is no evidence of over-valuation of Goods and the transaction value has been wrongly rejected under Rule 8 of Customs Valuation Rules. Section 113 of the Customs Act, 1952 provides the list of goods that are liable to be confiscation if they are attempted to...
Delhi Riots UAPA Case: Arguments On Charge Commences As Police Says Investigation Complete Qua All Accused
Arguments in the 2020 Delhi riots larger conspiracy case have commenced from today as the Delhi Police has informed Delhi Court that investigation qua all the accused persons is complete.Additional Sessions Judge Sameer Bajpai of Karkardooma Courts noted that the prosecution has disclosed that the investigation is complete qua all accused persons and the matter is ripe for hearing arguments...
Kerala High Court Acting Chief Justice A Muhamed Mustaque Completes 50K Case Disposals In His Judicial Career
The Kerala High Court Acting Chief Justice A Muhamed Mustaque completed 50,000 case disposals in his judicial career.Justice Mustaque was elevated as a judge of the Kerala High Court on January 23, 2014. He was appointed as the Acting Chief Justice of the Kerala High Court with effect from July 05, 2024. Justice Mustaque enrolled as an advocate in the year 1989 and started his practice in...
Interest Claims Must Be Based On Contractual Agreement, Not Just Invoice Terms: NCLT Kolkata
The NCLT Kolkata Divison Bench, comprising Bidisha Banerjee, Member (Judicial) and D. Arvind, Member (Technical) has held that interest cannot be clubbed along with the debt in the absence of an agreement or clause in the purchase order. The Tribunal further observed that TDS deduction on the interest payable is not an acknowledgement of liability. Brief Facts: Sudarshan Paper...
West Bengal Govt Passes 'Anti-Rape Bill' In State Assembly, Proposes Time-Bound Trial & Death Penalty For Those Guilty Of Rape
The West Bengal government has passed an anti-rape amendment bill titled 'Aparajita Woman and Child (West Bengal Criminal Laws Amendment) Bill, 2024', seeking to amend the punishment for sexual crimes such as rape and to impose time-bound limits for the conclusion of investigation and trial in rape cases. The bill is set to come into effect from 5th September, 2024.The Bill proposes "to create...
NALSAR University Of Law Achieves 100% Placements For 2024 Batch In Top Tier Law Firms, Corporate Houses And Govt Orgs
The Recruitment Coordination Committee (RCC) of NALSAR University of Law, Hyderabad has announced the successful conclusion of the recruitment season for the Batch of 2024, achieving a 100% placement rate. This university secured placements for its students across various prestigious domestic and international organisations.In the Batch of 2024, out of the 119 students, 86 opted for the...
SEBI Proposes Mandatory ASBA-Like Trading Facility For Qualified Stock Brokers Leveraging UPI Block Mechanism In Secondary Markets
The Securities and Exchange Board of India (SEBI) has proposed that all qualified stock brokers (QSBs) should be mandated to offer a trading facility similar to the Application Supported by Blocked Amount (ASBA) system currently used in the primary market. This facility would leverage the Unified Payments Interface (UPI) block mechanism which has been in use for retail...