Clipped from: https://www.thehindubusinessline.com/opinion/editorial/new-rules-make-online-gaming-safer-for-users/article66365432.ece The proposed regulation tries to bring all online gaming companies, the products they offer, as well as the users under regulatory supervision It is
Category: Legal
Buyer is liable if builder fails to pay his EMI | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/subvention-scheme-doesn-t-absolve-buyer-from-repaying-123010800430_1.html The National Commission observed that the loan agreement entitled the bank to recover the EMI from the purchaser if the builder failed to
Reliance upon ITR shall be made while determining compensation under Motor Vehicles Act
Clipped from: https://taxguru.in/corporate-law/reliance-upon-itr-made-while-determining-compensation-motor-vehicles-act.html Smt. Anjali Vs Lokendra Rathod (Supreme Court of India) Conclusion: The Hon’ble Supreme Court determined compensation under Motor vehicles Act, 1988 on basis of
MahaRERA: Non-negotiable clauses in agreement for sale to be executed with allottees -Reg.
Clipped from: https://taxguru.in/corporate-law/maharera-non-negotiable-clauses-agreement-sale-executed-allottees-reg.html MAHARASHTRA REAL ESTATE REGULATORY AUTHORITY Order No. 38/2022 No. MahaRERA/Secy/File No.27/744/2022Date: 13/12/2022 Sub: In the matter of non-negotiable clauses in the agreement for
RCM on supply of Security Services
Clipped from: https://taxguru.in/goods-and-service-tax/rcm-supply-security-services.html Reverse Charge Liability on supply of security services (security personnel) Reverse charge mechanism (RCM) basically imposes the obligation on the recipient of services
‘Sufficient Cause’ is the cause for which a party could not be blamed: SC
Clipped from: https://taxguru.in/corporate-law/sufficient-cause-cause-party-blamed-sc.html Sabarmati Gas Limited Vs Shah Alloys Limited (Supreme Court of India) Whether in computation of the period of limitation in regard to an
From powers of NCLT and HCs to DRAT rules, here’re key court orders | Business Standard Column
lipped from: https://www.business-standard.com/article/opinion/from-powers-of-nclt-and-hcs-to-drat-rules-here-re-key-court-orders-121010501375_1.html Several courts have been found to omit the ‘future prospects’ in income of youth who die in road accidents while calculating compensation Balancing
Fair game | Business Standard Editorials***
Clipped from: https://www.business-standard.com/article/opinion/fair-game-123010401287_1.html Govt should not overregulate the gaming industry The draft rules for online gaming, which the Ministry of Electronics and Information Technology (MeitY) released
प्रॉपर्टी गिफ्ट डीड, नातेवाईकांना भेट दिलेली मालमत्ता परत घेऊ शकता का? जाणून घ्या प्रॉपर्टी गिफ्ट करण्याचा नियम आणि प्रक्रिया – महाराष्ट्र टाइम्स
Clipped from: https://maharashtratimes.com/business/business-news/registered-gift-deed-can-be-revoked-know-rules-and-procedure-for-gifting-property/articleshow/94263239.cms Registered Gift Deed: कायदेशीररित्या, भेटमध्ये मिळालेली मालमत्ता काढून घेतली जाऊ शकत नाही. पण हे काही अपवादात्मक परिस्थितीत होऊ शकते. साधारणतः एखादी व्यक्ती जवळच्या
Google challenges CCI order before NCLAT – The Hindu BusinessLine***
Clipped from: https://www.thehindubusinessline.com/info-tech/google-challenges-cci-order-before-nclat/article66329790.ece Google has accused D-G of CCI of copy-pasting conclusions from decisions of foreign authorities without any application of mind Google has challenged CCI
Acknowledging a debt through an entry in the balance sheet – The Hindu BusinessLine***
Clipped from: https://www.thehindubusinessline.com/business-laws/acknowledging-a-debt-through-an-entry-in-the-balance-sheet/article66326708.ece Limitation Act is applicable to insolvency code, but more clarity is needed Corporate debtors need to be aware of the implication of every
House Panel strikes blow for Big Tech regulation – The Hindu BusinessLine*******
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/house-panel-strikes-blow-for-big-tech-regulation/article66304648.ece News publishers could get a fair share of revenues earned by big tech platforms News organisations have long been agitating against ‘abuse’ of
Business laws should be decriminalised – The Hindu BusinessLine*****
Clipped from: https://www.thehindubusinessline.com/opinion/business-laws-should-be-decriminalised/article66304933.ece Wealth creators. It is time to dismantle the colonial mindset and treat the business community with dignity Easing business rules is vital for
Insurer liable to reimburse genuine cash payments | Business Standard Column***
Clipped from: https://www.business-standard.com/article/opinion/insurer-liable-to-reimburse-genuine-cash-payments-122122500672_1.html All payments were supported by TDS and GST. Hence, the National Commission concluded that the insurer would have to reimburse these legitimate cash
NCLAT sets aside pleas against CCI’s Rs 873-crore penalty on UBL, other beer makers – The Economic Times*
Clipped from: https://economictimes.indiatimes.com/news/india/nclat-sets-aside-pleas-against-ccis-rs-873-crore-penalty-on-ubl-other-beer-makers/articleshow/96464845.cms Synopsis The Competition Commission of India (CCI) on September 24, 2021, imposed penalties totalling over Rs 873 crore on UBL, Carlsberg India, All
Analysis of Maharashtra AAAR ruling with Regards to Composite Supply In GST*****
Clipped from: https://taxguru.in/goods-and-service-tax/analysis-maharashtra-aaar-ruling-regards-composite-supply-gst.html Analysis of Legal View Given By Maharashtra Appellate Authority For Advance Ruling For Goods And Services Tax With Regards to Composite Supply In
Interest income to co-operative society from investment with co-operative bank is eligible for deduction u/s 80P(2)(d)*******
https://taxguru.in/income-tax/interest-income-co-operative-society-investment-with-co-operative-bank-eligible-deduction-u-s-80p2d.html Clipped from: https://taxguru.in/income-tax/interest-income-co-operative-society-investment-with-co-operative-bank-eligible-deduction-u-s-80p2d.html ITO Vs Mittal Court Premises Co. Op. Society Ltd (ITAT Mumbai) ITAT Mumbai held that the interest income earned by a cooperative
Inadvertent mistake committed while filing return cannot take away rights of assessee
lipped from: https://taxguru.in/income-tax/inadvertent-mistake-committed-filing-return-take-away-rights-assessee.html J. Doshi & Co. Vs ITO (ITAT Rajkot) ITAT Rajkot held that department cannot take away rights of the assessee just by inadvertent
Solitary opportunity of only one day to respond to notice is against principles of natural justice***
Clipped from: https://taxguru.in/income-tax/solitary-opportunity-only-one-day-respond-notice-against-principles-natural-justice.html R.N. Khemka Enterprises Private Ltd. Vs PCIT (ITAT Delhi) ITAT Delhi held that a solitary opportunity of one day to respond to show
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