News Update Calcutta High Court: No Factual Examination in Appeals Under Section 260A of the Income Tax Act 16 Nov 2024 The Calcutta High Court ruled that it cannot engage in a factual examination of materials provided or not provided by an assessee-company in an appeal under Section 260A of the…
News Update Supreme Court Orders JetAirways Liquidation 7 Nov 20247 Nov 2024 The Supreme Court, exercising its powers under Article 142 of the Constitution, ordered the liquidation of Jet Airways due to the "peculiar and alarming" situation where the airline's resolution plan…
News Update ADVOCATES PREFER TO BE DESIRABLE FOR THE MSME ACT 26 Aug 2021 FACTS:-The plea was filed by the advocate Abhijith Mishra under the PIL in Delhi HC regarding the Ministry of MSME does not consider the advocate's profession under the definition of…
News Update Delhi High Court stays Financial Intelligence Unit order imposing Rs 96 lakh penalty on PayPal 13 Jan 2021 On Tuesday, the Delhi High Court stayed an order by the Financial Intelligence Unit imposing a penalty of Rs 96 lakh on the PayPal payment service. The stay is subject…
News Update India’s fiscal deficit may exceed 7%in current fiscal 8 Jan 20218 Jan 2021 India’s fiscal deficit for the year ending in March is likely to exceed 7% of GDP. As revenue collections has been suffering from lockdown and many other restrictions due to…
News Update Central Government to shift to Digital Calendars and Diaries 3 Sep 2020 The Central Government sent out an official notice stating that all ministries and departments to stop printing wall calendars, calendars, diaries and greeting cards in physical forms. This has been…
News Update United Nations: Tehrik-i-Taliban chief Baitullah Mehsud of Pakistan declared global terrorist 19 Jul 2020 The United Nations designated Pakistan based terror organisation Tehrik-e Taliban Pakistan’s leader, Mufti Noor Wali Mehsud, as a global terrorist.The United States Security Council 1267 Al-Qaida Sanctions Committee added Mehsud…
News Update Technology platform called CHAMPIONS launched by Prime Minister Modi 2 Jun 20202 Jun 2020 Technology platform CHAMPIONS which stands for Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength was launched by our Prime Minister Narendra Modi which was created…
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