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CRIMINAL - Bombay High Court Gives bail to Accused in Malegaon Blasts Case
Fri, 14 Jun 2019 16:48:27 IST

Bombay High Court has granted bail to four accused in the 2006 Malegaon blasts case. The four accused have been in jail since their arrest in 2013 and had approached the High Court in 2016 after a special court dismissed their bail pleas. (Podcast Available

CIVIL - Apex Court Stays High Court Order Against NCP Leader In Land Case
Fri, 14 Jun 2019 16:48:11 IST

Apex Court has given relief to NCP leader Dhananjay Munde which stayed the Bombay High Court's order directing registration of a case against him for alleged illegal purchase of a government land. (Podcast Available

ENVIRONMENT - Karnataka High Court Asks Govt to Ensure Sufficient Number of Decibel Meters
Fri, 14 Jun 2019 16:47:56 IST

Karnataka High Court has asked the State Government to ascertain shortfall of decibel meters to record noise levels, in the police force and to acquire decibel meters for proper implementation of Noise Pollution Rules. (Podcast Available

CIVIL - Madras High Court: Cell Phone Tower Erection Cannot Be Stopped On Mere Apprehension of 'Radiation'
Fri, 14 Jun 2019 16:47:37 IST

Madras High Court has held that erection of the cell phone towers cannot be stopped on a mere apprehension about the effect of radiation from the cell phone tower. The Court held that "Till a positive finding is given in this regard, cell phone towers cannot be prevented to be installed on mere apprehensions." (Podcast Available

CIVIL - Jharkhand High Court Provides Relief to Old Man From Starvation
Fri, 14 Jun 2019 16:47:17 IST

Jharkhand High Court has taken cognizance of the plight of old man and ordered the Deputy Commissioner of Dhanbad to submit a report on the issue. Following the Court's order, the district administration swung into action and provided food grains to Munilal within hours. (Podcast Available

DIRECT TAXATION - Bombay High Court: TDS Not Applicable to Payment Made for Reimbursement of Costs
Fri, 14 Jun 2019 16:47:02 IST

Bombay High Court has noted that the provisions of TDS would not be applicable to payments made for the reimbursement of costs. The Lower Tribunal had observed that disallowance under Section 40A of the Act was not justified since the Assessee had made payments for reimbursement of the cost and therefore, requirement of deducting tax at source did not arise. (Podcast Available

LABOUR AND INDUSTRIAL - Calcutta High Court Declines to Pass Interim Order on Doctors' Strike
Fri, 14 Jun 2019 16:46:47 IST

Calcutta High Court has declined to pass any interim order on the strike by junior doctors at state-run hospitals in protest against the attack on two of their colleagues by family members of a patient. (Podcast Available

CIVIL - Calcutta High Court Summons Medical Council Registrar
Fri, 14 Jun 2019 16:46:32 IST

Calcutta High Court has directed the Registrar of the West Bengal Medical Council to appear before this court personally on July 2 with the documents related to the death of a man at a nursing home in the city allegedly because of medical negligence. The order followed an appeal by Niranjan De, father of Sanlap, 40, who died at a Dhakuria nursing home last year. (Podcast Available

MOTOR VEHICLES - Karnataka High Court Bails Out Vehicle Owner, Requests Insurer to Compensate
Fri, 14 Jun 2019 16:46:14 IST

Karnataka High Court has noted that the licence to drive a light motor vehicle like a car can also be used for transport vehicles.It absolved a pickup van owner of the liability to pay around Rs 3.5 lakh compensation with 6% interest to a motorcyclist. (Podcast Available

DIRECT TAXATION - ITAT Kolkata: Tax Payable in India Even if Technical Services of Testing Performed Abroad
Fri, 14 Jun 2019 16:45:59 IST

Income Tax Appellate Tribunal (ITAT), Kolkata has noted that tax payable for technical services of testing is performed outside the country if the results of testing are used in India. Tribunal held that the it may be true that the process of testing may have been conducted outside India however the payment in question was not for the process but was for the results of testing which is used in India. (Podcast Available

GOODS AND SERVICES TAX - NAA Rejects Profiteering Charges Against Bharati Telemedia
Fri, 14 Jun 2019 16:45:41 IST

National Anti Profiteering Authority (NAA ) has rejected profiteering charges against Bharati Telemedia Private Limited for not passing on GST rate cut benefits to its consumers. The NAA also observed that it was also apparent that the plans and packages post-GST had been changed and thus there wwere no comparable prices for the old packages with that of the new ones. (Podcast Available

GOODS AND SERVICES TAX - AAR West Bengal: Drainage of Channels and Riverbeds Exempted From GST
Fri, 14 Jun 2019 16:45:26 IST

Authority for Advance Rulings (AAR) West Bengal has noted that the drainage of channels and riverbeds is an exempt supply under the Goods and Services Tax (GST )regime. AAR observed that recipient is engaged in the development of irrigation and waterways, which includes activities in relation to the function listed under Sl No. 5 of the Eleventh Schedule, and, therefore, entrusted to a panchayat under Article 243G of the Constitution of India, 1950. (Podcast Available

LABOUR AND INDUSTRIAL - Central Government Reduces ESI Contribution Rate
Fri, 14 Jun 2019 11:29:04 IST

Central Government has reduced the total rate of contribution made by workers and employers towards the Employees' State Insurance (ESI) Scheme from 6.5 per cent to 4 per cent for the first time in over two decades. This will be beneficial for both the employer and employee. (Podcast Available

CIVIL - Supreme Court: Section 17 of Code of Civil Procedure, 1908 Can be Applied on Multiple Properties
Fri, 14 Jun 2019 11:28:50 IST

Supreme Court has held that the word 'property' in Section 17 of the Code of Civil Procedure, 1908 can include more than one property. The Court noted Section 17 can be applied in event there are several properties, one or more of which may be located in different jurisdiction of courts. (Podcast Available

FAMILY - Delhi High Court: Issue of Paternity Cannot be Determined in Habeas Corpus Plea
Fri, 14 Jun 2019 11:28:36 IST

Delhi High Court has noted that the issue of paternity cannot be decided in a habeas corpus writ petition after a couple moved the plea seeking custody of a boy in a shelter home, claiming that he was their lost son. The Court rejected the couple's contention, while granting them liberty to file appropriate legal proceedings to seek declaration as parents and custody of the minor. (Podcast Available

CRIMINAL - Bombay High Court: Accuracy of Rape FIR Against Oberoi Doubtful
Fri, 14 Jun 2019 11:28:22 IST

Bombay High Court has criticized Oshiwara police for "mechanically" arresting actor-singer Karan Oberoi without first "fairly and impartially examining" accusations of repeated rape and extortion against him in an FIR whose "veracity" and "merit" it found "doubtful". (Podcast Available

ENVIRONMENT - Karnataka High Court To Give Directions to State Govt to Protect Almost 210 Lakes in Bengaluru
Fri, 14 Jun 2019 11:28:08 IST

Karnataka High Court while hearing a bunch of petitions filed by Citizen Action Group and others noted "The State Government is under obligation, as per the Principles of Public Trust and Article 21 of the Constitution of India, to protect, preserve and maintain the lakes." The Court will on June 17, pass an order giving directions to the State Government and the Bruhat Bengaluru Mahanagara Palike to protect/maintain and preserve, around 210 lakes in the city. (Podcast Available

CRIMINAL - Bombay High Court Extends Interim Protection From Arrest to Gautam Navlakha
Fri, 14 Jun 2019 11:27:53 IST

Bombay High Court has prima facie observed that based on the documents submitted, there was nothing against 65-year-old activist Gautam Navlakha who has been accused by the State of having Maoist links. (Podcast Available

CONSTITUTION - Gauhati High Court Dismisses Citizenship Claim of Man Who Claimed to Have Entered India in 1965
Fri, 14 Jun 2019 11:27:39 IST

Gauhati High Court has upheld the findings of a Foreigner's Tribunal in Assam against a man who claimed to have entered India in 1965. It held that the Petitioner could not establish any error in the findings of the Tribunal, the writ petition was rejected. (Podcast Available

CRIMINAL - Bombay High Court:Vague And General Allegations Not Enough to Incriminate Remote Relatives of Husband
Fri, 14 Jun 2019 11:27:24 IST

Bombay High Court has noted that in cases where overt acts are attributed to persons other than the husband, such accusations need to be proved beyond a reasonable doubt. Thus, proceedings against the relatives were quashed and set aside. (Podcast Available

SERVICE TAX - Madras High Court: Non Co-operation by Assessee Not Ground to Rationalize Assessment
Fri, 14 Jun 2019 11:27:09 IST

Madras High Court has held that the revenue cannot take the defence of non-co-operation of the Assessee during the assessment period to justify the Assessment order. While granting relief to the Assessee, the Court observed that an assessment has to be framed in accordance with law and application of all relevant notifications/circulars/ clarifications issued by the Board/Government. (Podcast Available

EDUCATION - Bombay High Court Dismisses Plea Seeking Stay on Maratha Ordinance
Fri, 14 Jun 2019 11:26:53 IST

Bombay High Court has dismissed a plea against the State Government's ordinance to retain 16% reservation for Marathas under the socially and educationally backward classes category in post-graduate medical and dental course. The Court refused to hear the matter, citing the Supreme Court's June 4 judgment which prohibited any Court from hearing any petition or application related to PG medical and dental admissions for the current academic year. (Podcast Available

CIVIL - Gujarat High Court Asks Details, Expenditure of OBC Commission
Fri, 14 Jun 2019 11:26:10 IST

Gujarat High Court has asked for a reply from the State Government on the functioning of the OBC Commission and the work done by it so far since its formation in 1993. The Court has also sought the details of the public money spent for the functioning of the commission as well as the number of resolutions passed by it. (Podcast Available

CRIMINAL - Allahabad High Court Tells State Govt to Ensure Fool Proof Security in Courts
Thu, 13 Jun 2019 16:46:48 IST

Allahabad High Court while taking a stern view of the Uttar Pradesh Bar Council Chairperson Darvesh Yadav's murder in Agra court premises has directed State Government to ensure foolproof security in all court premises in the State. Darvesh Yadav, the first woman chairperson of the Uttar Pradesh Bar Council, was allegedly shot dead by her colleague Manish Sharma inside Agra District Court premises. (Podcast Available

CIVIL - Surat Fire Tragedy: Gujarat High Court Asks for Probe Report From State Government
Thu, 13 Jun 2019 16:46:33 IST

Gujarat High Court has asked for a detailed report from the State Government on the investigation into the Surat fire tragedy that claimed lives of 22 students of a coaching institute last month. The Court also issued a notice to the State Government on the petition moved by Jaysukh Gajera, father of a 17-year- old girl, who died in the fire at a four-storey commercial complex in Surat. (Podcast Available

CIVIL - Kerala High Court Starts Suo Moto Proceedings Over Snapped Power Line Claiming Two Lives
Thu, 13 Jun 2019 16:46:17 IST

Kerala High Court has taken suo moto notice of the tragic death of two persons due to electrocution from a broken power line and registered a writ petition to ensure that the Kerala State Electricity Board comes up with "concrete proposals" for preventing such mishaps in future. The Court further said that the proceeding was "vital and pertinent" as the State was facing monsoons. (Podcast Available

DIRECT TAXATION - ITAT Delhi: Rent from Fit-Out Hire Charges Will Fall Under Business Income
Thu, 13 Jun 2019 16:46:03 IST

Income Tax Appellate Tribunal (ITAT), Delhi has noted that the income received from Fit-out Hire Charges would constitute "business income" under the Income Tax law. ITAT has observed that from the perusal of the Rent Agreement it can be seen that it is with the sole purpose for rent in respect of the entire building to the Multi-National Company IBM. (Podcast Available

ENVIRONMENT - National Green Tribunal Directs Railways to take Remedial Measures Against Pollution
Thu, 13 Jun 2019 16:45:49 IST

National Green Tribunal has directed the Railway Board to look into the matter, take appropriate action and apprise the Tribunal of the action taken within one month on the question for the initiation of remedial action taken against pollution at and around Railway Godown, Faizabad, Uttar Pradesh in the course of loading and unloading of cement, fertilizers and grains by trucks, polluting the air quality and causing respiratory problems. (Podcast Available

CRIMINAL - Criminal Procedure Code (Uttar Pradesh Amendment) Bill, 2018 Re-introduced in Uttar Pradesh
Thu, 13 Jun 2019 16:45:34 IST

Uttar Pradesh Government has re-introduced the provision of anticipatory bail after almost 43 years. This has paved the way for the Accused to get advance bail in non-bailable offences. The provision was revoked in the State during the Emergency in 1976. It was removed from the Code of Criminal Procedure 1973 through the Code of Criminal Procedure (Uttar Pradesh Amendment) Bill, 1976. (Podcast Available

GOODS AND SERVICES TAX - AAR West Bengal: No Input Tax Credit on Motor Vehicles Bought for Rent-a-Cab Service
Thu, 13 Jun 2019 16:45:14 IST

Authority for Advance Rulings (AAR), West Bengal has noted that the GST paid on the purchase of motor vehicles for supplying rent-a-cab service is not admissible for credit in terms of Section 17(5)(b)(i) of the West Bengal Goods and Services Act, 2017 (Act). It was further observed that the amended provisions of Section 17(5)(b)(i) of the Act do not contain a reference to the rent-a-cab service. (Podcast Available

GOODS AND SERVICES TAX - AAR West Bengal: TDS Notification Not Applicable to Exempt Supplies
Thu, 13 Jun 2019 16:44:57 IST

Authority for Advance Rulings (AAR), West Bengal has noted that the Notification on TDS is applicable on exempt supplies. AAR held that when the activity is in relation to any such function, the supply to the governments or governmental authorities/entities or local authorities is exempt from paying GST under Serial No. 3 or 3A of the Exemption Notification. (Podcast Available

CIVIL - Supreme Court: Modifications by Lawyer on Mixed Questions of Fact and Law Cannot Bind Party
Thu, 13 Jun 2019 11:26:01 IST

Supreme Court has observed that concessions made by a lawyer on mixed questions of fact and law cannot bind the party. The Court held that "Where a question is a mixed question of fact and law, a concession made by a lawyer or his authorised representative at the stage of arguments cannot preclude the party for whom such person appears from re-agitating the point in appeal". (Podcast Available

EDUCATION - Delhi High Court Refuses to Interfere with Interview Process at St Stephen's College
Thu, 13 Jun 2019 11:25:47 IST

Delhi High Court has refused to stay the interview process for admission of Christian students in Delhi University's St Stephen's College. The Court noted that it did not consider it appropriate to stay the interview process. (Podcast Available

CRIMINAL - Karnataka High Court Grants Bail to HIV-Positive Woman
Thu, 13 Jun 2019 11:25:32 IST

Karnataka High Court while observing that an accused being HIV-positive is also a fact to be considered for enlarging them on bail has granted bail to a 48-year-old HIV-positive woman, who is accused of murdering her daughter-in-law for dowry. The Court allowed the petition filed by the Accused, seeking bail as she has been lodged in prison since September 25, 2018. (Podcast Available

CRIMINAL - 'Rape' ends in marriage, Karnataka High Court Quashes Case
Thu, 13 Jun 2019 11:25:16 IST

Karnataka High Court has quashed the case of rape and cheating against the 25 year old man on the grounds that the alleged rape victim and the Accused have married and decided to put an end to the criminal case on the latter. (Podcast Available

CIVIL - Madras High Court to Govt: What Have You Done to Address City's Water Crisis
Thu, 13 Jun 2019 11:25:01 IST

Madras High Court has asked for details from the State Government on steps taken by it to fulfill the daily water requirements of people in the city. The Court directed Additional Government Pleader E. Manoharan to make sure that the details were submitted, when cases filed against commercial exploitation of groundwater from the suburban localities of Chennai had been listed for hearing. (Podcast Available

CRIMINAL - Madras High Court Permits DGP to Withdraw Case
Thu, 13 Jun 2019 11:24:46 IST

Madras High Court has permitted M.S. Jaffar Sait, Director General of Police (DGP), Crime Branch-Criminal Investigation Department, to withdraw a petition filed by him in 2016, to quash a case booked against him by the Directorate of Vigilance and Anti-Corruption in 2011. (Podcast Available

GOODS AND SERVICES TAX - Telangana High Court: Arrest / Coercive Measures Before Assessment not Prohibited
Thu, 13 Jun 2019 11:24:30 IST

Telangana High Court has observed that the arrest and coercive measures started by the GST Department before the assessment is not prohibited under the law. The Court noted that the prosecutions for these offences do not depend upon the completion of assessment. (Podcast Available

CRIMINAL - Delhi High Court: Offenders of Sexual Offences on Innocent Children are Psychosocial Deviants
Thu, 13 Jun 2019 11:24:15 IST

Delhi High Court has noted that offenders of sexual offences on innocent children are psychosocial deviants, who cannot lay any claim to leniency. Making further observation on heinous nature of sexual offences, the Court observed that it is in the order of nature, and is the sacred right of every living being to blossom from infancy to childhood, to adolescence and, finally, to adulthood. (Podcast Available

SERVICE - Meghalaya High Court: Indiscipline by Bankers Cannot be Overlooked
Thu, 13 Jun 2019 11:23:58 IST

Meghalaya High Court has observed that indiscipline by bankers cannot be overlooked as they deal with public money. The Court held that "No organisation, more particularly, a bank can function properly and effectively if its officers and employees do not observe the prescribed norms and discipline." (Podcast Available

CRIMINAL - Acid Attack Case: Bombay High Court Confirms Man's Conviction, But Commutes Death Penalty
Thu, 13 Jun 2019 11:23:40 IST

Bombay High Court has upheld the conviction of a 25-year-old man in the 2013 Preeti Rathi acid attack case. However it has commuted his death penalty to life imprisonment. The Court partly allowed the appeal filed by convict Ankur Panwar, challenging the death penalty awarded to him by a Special Court in 2015. (Podcast Available

INSURANCE - Delhi High Court: Insurance Companies Must Accept Claims at All Hospitals
Thu, 13 Jun 2019 11:23:22 IST

Delhi High Court has held that insurance companies would have to honour claims by valid medical policy holders who have received treatment at any government-registered hospital. Cashless facilities must also be extended to all such hospitals. (Podcast Available

CRIMINAL - United Kingdom High Court Dismisses Nirav Modi's Bail for Fourth Time
Thu, 13 Jun 2019 11:23:06 IST

United Kingdom High Court has dismissed Nirav Modi's bail application for the fourth time as the diamond merchant fights his extradition from Britain to India in the nearly 2 billion USD Punjab National Bank fraud and money laundering case. (Podcast Available

CRIMINAL - Supreme Court Rejects Sanjiv Bhatt's Request for Examination of Additional Witnesses
Wed, 12 Jun 2019 16:08:16 IST

Supreme Court has rejected the plea by former IPS officer Sanjiv Bhatt to examine additional witnesses in a case where he is facing trial for alleged custodial torture which took place almost thirty years ago. The lower court has been directed to complete the trial by June 20, 2019. (Podcast Available

ELECTION - Telangana High Court Issues Notices To Congress Legislators
Wed, 12 Jun 2019 16:08:01 IST

Telangana High Court has issued notices to 14 State Congress legislators over their merger with the ruling Telangana Rashtra Samithi in both houses of the state legislature. The Court also issued notices to the Assembly Speaker, Council Chairman, Legislature Secretary and the Election Commission. (Podcast Available

CIVIL - Jharkhand High Court Stays Proceeding Against Union Minister for Agriculture
Wed, 12 Jun 2019 16:07:44 IST

Jharkhand High Court has granted a stay in proceeding against Union Agriculture Minister Narendra Singh Tomar in a lower Court thereby providing a huge relief to him in a case related to alleged insult and provocation knowing that it would cause break of public peace. (Podcast Available

DIRECT TAXATION - ITAT Chennai: Entries in Books of Accounts Does Not Prove Genuineness of Expenditure
Wed, 12 Jun 2019 16:07:29 IST

Income Tax Appellate Tribunal (ITAT), Chennai has held that mere entries in the books of accounts do not prove genuineness of the expenditure. The Tribunal further noted that the contention that profit arising on account of sale of the property cannot be brought to tax as the land was sold in the capacity of holding power of attorney cannot be accepted because the profits were assessed under the head "profit and gain of business''. (Podcast Available

DIRECT TAXATION - ITAT Delhi: Remuneration to Director in Proportion to Experience Having No Impact is Not 'Dividend'
Wed, 12 Jun 2019 16:07:13 IST

Income Tax Appellate Tribunal (ITAT) Delhi has noted that the remuneration paid to Director of company, who is an experienced Chartered Accountant in proportion with his experience which has no bearing on his shareholding, cannot be construed as 'Dividend' under the Income Tax Act, 1961. (Podcast Available

LAW OF MEDICINE - Karnataka High Court Quashes Case Against ENT Surgeon
Wed, 12 Jun 2019 16:06:58 IST

Karnataka High Court has quashed and set aside an order passed by the lower Court taking cognizance of a complaint filed by a patient against an ENT surgeon, alleging medical negligence. The Court allowed the plea filed by Dr Prabhakar who sought to quash the proceedings on grounds that no expert opinion was taken before taking cognizance as is prescribed in cases of medical negligence. (Podcast Available

CRIMINAL - Supreme Court Waives Tamil Nadu Temple's Bail Condition Over Stampede Case
Wed, 12 Jun 2019 11:07:09 IST

Supreme Court while providing relief to the priest of the temple arrested following the death of seven pilgrims in a stampede outside temple, waived the condition of paying Rs. 70 lakh for grant of bail to him. The chief priest of the temple in Tiruchirappalli had moved the Supreme Court against the order of the Madras High Court which had imposed a bail condition on him that he would pay Rs. 10 lakh each by bank drafts in the name of one family member of each of the seven victims. (Podcast Available

CIVIL - Supreme Court Directs Status Quo Over Road Widening in Greater Kailash Traffic Bottleneck
Wed, 12 Jun 2019 11:06:55 IST

Supreme Court has directed status quo for eight weeks on a project to widen the road near Savitri Cinema intersection in Greater Kailash, South Delhi. A few hundred-meter patch is a traffic bottleneck, which is hanging fire for nearly a decade, and often leads to traffic jam for hours. (Podcast Available

LABOUR AND INDUSTRIAL - Supreme Court Defines Tests to Find Out Whether Contract Labourers are Direct Employees or Not?
Wed, 12 Jun 2019 11:06:38 IST

Supreme Court has observed while applying tests laid down by precedents for determining whether a contract labourer is a direct employee or not has quashed the award of a Labour Court which had directed reinstatement of retrenched workers. (Podcast Available

CIVIL - Madras High Court Directs Bar Council of Tamil Nadu to Initiate Action Against Seven Advocates
Wed, 12 Jun 2019 11:06:21 IST

Madras High Court has directed the Bar Council of Tamil Nadu and Puducherry to initiate disciplinary action against seven advocates involved in duplicate motor accident claims. The Court while taking a serious view of the involvement of lawyers and touts in the process of filing multiple insurance claims for an accident, had earlier appointed an expert body headed by Retired Judge K Chandru to inquire into the menace. (Podcast Available

CRIMINAL - Bombay High Court Directs Police to File Case Against Dhananjay Munde
Wed, 12 Jun 2019 11:06:06 IST

Bombay High Court has asked the police to file a case against leader of opposition in the Maharashtra Legislative Council Dhananjay Munde in connection with alleged illegal purchase of Government land in Beed district. (Podcast Available

INTELLECTUAL PROPERTY RIGHTS - Madras High Court Issues Interim Injunction Against Kolaiyuthir Kaalam
Wed, 12 Jun 2019 11:05:47 IST

Madras High Court has issued an interim injunction against Kolaiyuthir Kaalam. It has asked the producers of Kolaiyuthir Kaalam to respond on June 21. Such interim injunction has been issued after Balaji Kumar, director of Vidiyum Munn obtained the rights of the novel Kolyaiuthir Kaalam from Sujatha's wife for Rs 10 lakhs. He appealed to the Madras High Court to stop the makers from releasing the film with the same name since it is a violation of copyright. (Podcast Available

CIVIL - Karnataka High Court Directs State to Provide Steps Taken to Supply Drinking Water to Bidar District
Wed, 12 Jun 2019 11:05:32 IST

Karnataka High Court has directed the State Government to provide steps taken by it to supply drinking water to two talukas in Bidar district. The Court observed that "Right to have drinking water is a part of Right guaranteed under Article 21 of the Constitution of India, 1950 ". (Podcast Available

DIRECT TAXATION - Madras HC:Recovery Can Only be Started Once Amount of Excess Credit Has Been Quantified in Assessment
Wed, 12 Jun 2019 11:05:15 IST

Madras High Court has observed that power to punish would stand triggered only once it is established that an Assessee has 'committed' an offence. (Podcast Available

DIRECT TAXATION - ITAT Bangalore: Income from Sale of Cocoons Taxable as "Other Income"
Wed, 12 Jun 2019 11:04:59 IST

Income Tax Appellate Tribunal (ITAT), Bangalore has noted that the income received from the sale of cocoons is not agricultural income and is taxable as "Income from Other Sources" under the Income Tax Act, 1961. (Podcast Available

CIVIL - NIA Court Awards Businessman Life Term, Rs 5 Crore Fine for Hijack Hoax on Jet Airways Flight
Wed, 12 Jun 2019 11:04:43 IST

A special National Investigation Agency (NIA) Court has sentenced a Mumbai-based businessman to life imprisonment and imposed a fine of Rs 5 crore on him for leaving a hijack threat note on a Jet Airways plane in October 2017. After the incident, the businessman has become the first person to be put under the "national no fly list", and was also the first to be booked under the new Anti Hijacking Act, 2016. (Podcast Available

BANKING - Reserve Bank of India to Lift All Charges on Fund Transfers via RTGS and NEFT from July 1
Wed, 12 Jun 2019 11:04:11 IST

Reserve Bank of India has said that it will lift all charges on fund transfer through popular RTGS and NEFT systems from July 1, 2019 and asked banks to pass on the benefits to customers from the same day. (Podcast Available

CRIMINAL - Supreme Court Directs Release of Journalist Prashant Kanojia
Tue, 11 Jun 2019 16:20:54 IST

Supreme Court in a major relief to Prashant Kanojia, the journalist arrested by UP Police for online comments against Chief Minister Yogi Adityanath ordered his immediate release on bail. The Court passed the order in a habeas corpus petition filed by Jagisha Arora, wife of Kanojia, seeking his release. It was further observed that the arrest and remand was illegal, resulting in deprivation of personal liberty. (Podcast Available

CRIMINAL - Kerala High Court Rejects Criminal Cases Against Officials Accused of Abetting a Student to Suicide
Tue, 11 Jun 2019 16:20:41 IST

Kerala High Court has rejected criminal cases against two bank officials accused of abetting suicide of a student. After the bank dismissed her applications seeking education loan, the student namely Sruthi committed suicide by consuming pesticide. (Podcast Available

CRIMINAL - Bombay High Court: Attempt to Rape Injurious Not Only Physically But Also Morally
Tue, 11 Jun 2019 16:20:28 IST

Bombay High Court has noted that attempt to rape is equally injurious, not only to the victim physically but morally. Court was hearing an appeal filed by the Accused Vishal Bhalerao, a 24-year-old man from Pune convicted of raping a 12-year-old girl. (Podcast Available

SERVICE - Delhi HC: Centre Compulsorily Reqd to Implement Delhi Govt's Suggestion on Pay Scales of Prosecutors
Tue, 11 Jun 2019 16:20:14 IST

Delhi High Court has ordered the Centre to extend all the benefits to the prosecutors as recommended by the Government of NCT of Delhi way back in year 2015 while observing that the Centre is bound to accept the recommendations made by the Delhi cabinet with regard to revision of pay scales of the prosecutors since the Lieutenant Governor has to act on the aid and advice of the Cabinet in matter of appointment of Public Prosecutor. (Podcast Available

CIVIL - Karnataka High Court Takes Steps to Clear Footpaths
Tue, 11 Jun 2019 16:20:01 IST

Karnataka High Court while observing that citizens' rights would be affected if footpaths are not maintained in reasonably good condition and kept free of encroachments has directed the Bruhat Bengaluru Mahanagara to file an affidavit within three weeks on the steps taken to keep footpaths free of encroachment by shop owners. (Podcast Available

ENVIRONMENT - National Green Tribunal:Army Should Comply With Rules of Municipal Solid Waste Management
Tue, 11 Jun 2019 16:19:46 IST

National Green Tribunal has ordered the Army to co-operate with the Delhi Cantonment Board in complying with the Municipal Solid Waste Management Rules, 2016 in wards that are under the Defence. (Podcast Available

CIVIL - Karnataka High Court: Even God Heard Out Adam and Eve
Tue, 11 Jun 2019 16:19:30 IST

Karnataka High Court has quashed an order which asked tenant to deposit rent without hearing him. It noted that even God gives an opportunity to hear out the accused. The Lower Court cannot do away with the principles of natural justice. Moreover the tenant who was made a party in a case was ordered on the same day to deposit the rent. (Podcast Available

EDUCATION - Supreme Court Dismisses Pleas to Modify Directions on PG Medical Courses Admission in Maharashtra
Tue, 11 Jun 2019 11:10:47 IST

Supreme Court has observed that it did not deem necessary to alter its June 4 order by which students were prevented from changing their original options in the fresh round of counselling for the PG Medical seats in Maharashtra. However, the Court allowed the seats lying unfilled by reason of the EWS quota being scrapped to be allotted in accordance with merit. (Podcast Available

CIVIL - Supreme Court Dismisses Slum Dwellers' Plea Against Eviction
Tue, 11 Jun 2019 11:10:34 IST

Supreme Court has refused to interfere with the eviction of some slum dwellers for widening of a road in Mumbai while noting that "There can be no equality to a wrong. A project of public importance, it is reiterated ought not to be stalled." (Podcast Available

ENVIRONMENT - Apex Court Stays Demolition of Kochi Flats for Six Weeks
Tue, 11 Jun 2019 11:10:19 IST

Apex Court has stayed the demolition order passed by the Court on May 8 for six weeks. The Court passed the order while considering a writ petition filed by a group of residents stating that they were not heard by the Court before ordering the demolition of the apartments within a month on findings of violation of Coastal Regulation Zone notification. (Podcast Available

CIVIL - Gauhati High Court: No Authority to Transfer Proceedings Pending Before Foreigners' Tribunal
Tue, 11 Jun 2019 11:10:04 IST

Gauhati High Court has noted that a proceeding before one Foreigners' Tribunal cannot be transferred to another Foreigners' Tribunal in exercise of powers under Article 226 of the Constitution of India, 1950. (Podcast Available

CIVIL - Madras High Court to State Government: Curb Illegal Collection of Toll
Tue, 11 Jun 2019 11:09:47 IST

Madras High Court has directed the State Government to put an end to the unauthorised collection of toll at the entry points of various municipal areas and village panchayats. The Court also imposed curbs on the collection of vehicle parking charges on vacant land adjacent to temples and ordered that the receipts should mention the purpose of such collections. (Podcast Available

CIVIL - Delhi High Court Grants Permission to Rajiv Saxena to Travel Abroad for Medical Treatment
Tue, 11 Jun 2019 11:09:32 IST

Delhi High Court has granted permission to Rajiv Saxena, the accused-turned-approver in the AgustaWestland chopper deal scam, to travel abroad for medical treatment. The Court further observed that Saxena was suffering from various medical ailments and was granted permission to go to the UK, Dubai and other European countries for medical treatment for a month from June 25 to July 24, 2019. (Podcast Available

MEDIA AND COMMUNICATION - Delhi High Court Prevents 60 Websites, Radio Channels and ISPs from Broadcasting World Cup 2019
Tue, 11 Jun 2019 11:09:18 IST

Delhi High Court in a huge relief to Channel 2 Group Corporation, which has exclusive broadcasting rights of the entire World Cup 2019 has passed ex-parte interim order preventing over 60 websites, some radio channels and some Internet Service Providers from broadcasting the sporting event. (Podcast Available

EDUCATION - Kerala High Court: Student's Right to Choose College of His/Her Choice is a Fundamental Right
Tue, 11 Jun 2019 11:09:02 IST

Kerala High Court has observed that "When a student feels that he can secure better education in another college and there is no legal bar in exercise of such option." Moreover the freedom to choose the college of his/her choice for pursuit of their studies is an aspect of the Fundamental Right to privacy of the students. (Podcast Available

EDUCATION - Delhi High Court Seeks Centre, DU's Response on Admission Norms
Tue, 11 Jun 2019 11:08:42 IST

Delhi High Court has sought the response of the Centre and the Delhi University (DU) on a petition challenging its new admission norms for undergraduate courses. The Court observed that there is arbitrariness in how criteria were changed just a day before opening of registration for admission. (Podcast Available

CIVIL - Delhi High Court Wants Quick Response on Setting Up More Courts
Tue, 11 Jun 2019 11:08:25 IST

Delhi High Court has given the AAP Government time till July 4 to start the process of setting up nearly 40 more courts in the city, including fast track courts. (Podcast Available

ENVIRONMENT - National Green Tribunal Indicates Shock at Stubble Burning by Government Agency
Tue, 11 Jun 2019 11:08:06 IST

National Green Tribunal has taken suo-motu cognizance based on a news report of stubble burning at the Rajasthan Agricultural Research Institute. The Tribunal has asked the Centre, the Rajasthan Government and others as to why action be not taken against them under the law and in keeping with the principle of "polluter pays". (Podcast Available

BANKING - Reserve Bank of India Eases Norms for No-Frills Accounts
Tue, 11 Jun 2019 11:07:51 IST

Reserve Bank of India has eased the norms for the Basic Savings Bank Deposit (BSBD) accounts popularly known as no-frills accounts by allowing banks to provide cheque books and other facilities like minimum four withdrawals to basic account holders. However, the banks cannot ask the BSBD account holders to maintain any minimum balance in lieu of such facilities. (Podcast Available

CRIMINAL - Kathua Rape Case : District and Sessions Court, Pathankot Sentences Three Accused to Life Term
Tue, 11 Jun 2019 11:07:36 IST

District and Sessions Judge Pathankot Tejwinder Singh has pronounced sentence in the ghastly crime relating to gang rape and murder of an eight year old in Kathua, Jammu in January last year by sentencing three accused to life term. Further three police men have been given 5 year imprisonment for destruction of evidence in the case. (Podcast Available

CRIMINAL - District and Sessions Court, Pathankot Convicts Six and Acquits One in Kathua Rape Case
Mon, 10 Jun 2019 16:43:59 IST

District and Sessions Court Pathankot held six of the eight accused in the rape and murder of an eight-year-old nomadic girl in Kathua including the temple priest Sanji Ram. The seventh accused and Sanjhi Ram's son, was acquitted for the want of evidence. Further fate of the eighth accused, who is Sanji Ram's minor Nephew, is yet to be decided by the Juvenile Court. (Podcast Available

CRIMINAL - Supreme Court Allows Ex-Karnataka Minister Reddy to Visit Ailing Father-In-Law
Mon, 10 Jun 2019 14:38:16 IST

Supreme Court has allowed former Karnataka minister and mining baron Gali Janardhana Reddy, accused in a multi-crore illegal mining case, to visit his home town to see his ailing father-in-law. The Court also expressed concern over the delay in trial in the Rs 35,000 crore mining scam as charges have not been framed against the accused persons in the last six years despite its order for expeditious trial (Podcast Available

CRIMINAL - Madras High Court Dismisses Request of Firm Linked to Karti Chidambaram
Mon, 10 Jun 2019 14:38:00 IST

Madras High Court has rejected a batch of petitions by a consulting firm allegedly linked to Congress MP Karti Chidambaram, the son of former Union minister P Chidambaram, challenging the "freezing" of its bank accounts by the Enforcement Directorate (ED) in connection with the INX Media case. The Court observed that the company cannot approach the High Court directly without exhausting other remedies. (Podcast Available

CRIMINAL - Bombay High Court Gives 'Limited Relief' to Rs 2000 Crore Scammer
Mon, 10 Jun 2019 14:37:42 IST

Bombay High Court has granted 'limited relief' to Mohammed Farooq Mohammed Hanif Sheikh, a Rs 2000 Crore Scammer who sought bail citing the health of his wife. The Court has granted him a limited bail till June 18,2019 enabling him to take care of his wife and three children. (Podcast Available

LABOUR AND INDUSTRIAL - Madras High Court: Strike Call by Ambulance Unions Illegal
Mon, 10 Jun 2019 14:37:27 IST

Madras High Court while terming a strike call by two '108' ambulance workers unions in Tamil Nadu during Deepavali last year illegal has imposed costs of Rs 10,000 on the unions. The Court A division was allowing a petition by P Selvarajan who said the strike was illegal. (Podcast Available

EDUCATION - Madras High Court Rejects 9 PG Distance Education Medical Courses of State-Run Varsity
Mon, 10 Jun 2019 14:37:08 IST

Madras High Court gas declared nine post graduate (PG) distance education courses offered by the Tamil Nadu Dr M G R Medical University as "illegal and ultra vires" as they did not have the approval of the Medical Council of India and the Central Government. (Podcast Available

ELECTION - Telangana High Court Tells State Government to Respond to Plea on Polls to ULBs
Mon, 10 Jun 2019 14:36:52 IST

Telangana State High Court has told the State government to respond to the petition filed seeking directions to the concerned authorities to conduct elections to the municipal corporations and municipalities in the State by providing reservations to backward classes as per provisions of the TS Municipalities Act, 1965 and TS Municipal Corporation Act, 1994. (Podcast Available

SERVICE - SC: Writ Petition Challenging Termination of Teacher Maintainable Against Private Unaided Institution
Mon, 10 Jun 2019 14:36:36 IST

Supreme Court has held that a writ petition challenging the dismissal of services of a teacher is maintainable against a private unaided educational institution. The Court held so while rejecting an appeal by Marwari Balika Vidyalaya, a private school, against a Calcutta High Court judgment, which had directed the reinstatement of a dismissed teacher named Asha Srivastava with back wages by invoking writ jurisdiction under Article 226 of the Constitution of India. (Podcast Available

CRIMINAL - Delhi High Court Acquits Man Convicted for Demanding Rs 250 Bribe
Mon, 10 Jun 2019 14:36:21 IST

Delhi High Court has acquitted a former Municipal Corporation of Delhi (MCD) official twenty eight years after he was booked on charges of demanding a bribe of Rs 250. The Court while setting aside a lower court judgement of February 28, 2002 in which he had been convicted for allegedly demanding the bribe for releasing a cow. (Podcast Available

FAMILY - Delhi High Court: Woman's Ability to Earn Not a Ground to Deny Her Maintenance
Mon, 10 Jun 2019 14:36:06 IST

Delhi High Court has observed while broadening the welfare scope of Protection of Women from Domestic Violence Act, 2005 that the mere fact that a woman is capable of earning cannot be used as grounds to deny her maintenance. The High Court has held that in a case where a wife's working status is disputed, the Court cannot assume that because she is educated, or was employed prior to her marriage, she would again be gainfully employed. (Podcast Available

MOTOR VEHICLES - Karnataka High Court: Age of Accident Victim Important While Deciding Compensation
Mon, 10 Jun 2019 14:35:51 IST

Karnataka High Court while calculating loss of dependency to decide about compensation in motor accident cases, the age of the deceased accident victim has to be taken into consideration. It further added that multiplier has to be applied based on the age of the deceased and not that of mother of the deceased. (Podcast Available

CRIMINAL - Payal Tadvi Case : Bombay High Court Grants Partial Custody of Accused
Mon, 10 Jun 2019 14:35:31 IST

Bombay High Court has granted partial custody of Ankita Khandelwal, Hema Ahuja and Bhakti Mehare, the accused in the Payal Tadvi Case. The Court had earlier refused to grant the crime branch full custody of the three doctors. (Podcast Available

CRIMINAL - Kerala High Court: Mere Possession of Sexually Explicit Photos Not an Offence
Mon, 10 Jun 2019 14:35:16 IST

Kerala High Court while holding that mere possession of sexually explicit photos in private custody without circulation or publication will not amount to an offence under the Indecent Representation of Women (Prohibition) Act 1986 has quashed criminal proceedings against two persons. (Podcast Available

BANKING - Kerala High Court: Complaint Under Section 138 NI Act Not Maintainable Against Trustees
Mon, 10 Jun 2019 14:34:58 IST

Kerala High Court has noted that 'Trust' is neither a 'juristic person' nor an 'association of individuals' as per Section 141 Negotiable Instruments Act, 1881 (NI Act) while holding that no prosecution is possible against a trust and its trustees for dishonour of cheque invoking Section 141 of NI Act. (Podcast Available

CRIMINAL - Gauhati High Court Grants Bail to Ex-Army Man Who Was Detained After Being Declared 'Foreigner'
Mon, 10 Jun 2019 14:34:44 IST

Gauhati High Court has granted interim release of ex-army man Mohammad Sanaullah, who was arrested and sent to detention centre on May 28, after a Foreigners Tribunal in Assam adjudged him a 'foreigner'. (Podcast Available

CIVIL - Delhi High Court Grants Relief to Lawyers' Clerks
Mon, 10 Jun 2019 14:34:30 IST

Delhi High Court has observed that clerks of lawyers are part and parcel of the system involved in dispensation of justice while holding that medical and canteen facilities should be extended to them. The observation was made by the Court on a petition by the Delhi High Court Bar Clerks Association seeking enforcement of several welfare measures including provident fund, pensions and group insurance policies. (Podcast Available

CIVIL - Delhi High Court Grants Sainik Farm Residents Permission to Carry Out Repairs, Whitewash
Mon, 10 Jun 2019 14:34:15 IST

Delhi High Court has granted 93 residents of a upscale Sainik Farm colony to carry out repairs and renovation, including construction of boundary walls. The relief for the residents may set a precedent for other such colonies where fresh construction is banned. (Podcast Available

BANKING - Reserve Bank of India Revises Stressed Asset Norms
Mon, 10 Jun 2019 14:34:00 IST

Reserve Bank of India (RBI) has issued a new prudential framework for resolution of stressed assets, effectively replacing its 12 February 2018 circular with a mixed bag of norms applying to a wider class of lenders. (Podcast Available

ENVIRONMENT - NGT Stays AP Govt's Godavari-Penna Interlinking Projects Due to Lack of Environment Clearance
Mon, 10 Jun 2019 14:33:45 IST

National Green Tribunal (NGT) has stayed the Andhra Pradesh Government's Godavari-Penna interlinking projects due to lack of environmental clearance. NGT rapped the Andhra Pradesh Pollution Control Board and noted that it has failed to perform its duty to take appropriate action as per law. (Podcast Available

ENVIRONMENT - NGT Raps Delhi Pollution Body for Inaction against Burning of Plastic and PVC Wires
Mon, 10 Jun 2019 14:33:30 IST

National Green Tribunal(NGT) has rapped the Delhi Pollution Control Committee (DPCC) for not taking action against burning of plastic and PVC wires at a park in north-west Delhi's Mangolpur area. NGT observed that being the guardian of the environment, the DPCC cannot deny its responsibility by simply saying that it is not the owner of the land, shifting its responsibility to the Delhi Development Authority. (Podcast Available

ENVIRONMENT - NGT Calls for Action Against Individuals Using Tubewells to Illegally Withdraw Water
Mon, 10 Jun 2019 14:33:14 IST

National Green Tribunal has directed the Delhi Jal Board and the Delhi Pollution Control Committee to take action against those people using tubewells illegally to extract groundwater. NGT further observed that illegal installation of tubewells is an offence under the Environment (Protection) Act, 1986, and authorities should start prosecution, apart from recovering compensation. (Podcast Available

CIVIL - DHC: Renewal of Passport Cannot be Denied Citing Criminal Case in Case There is Permission from Court
Mon, 10 Jun 2019 14:32:53 IST

Delhi High Court (DHC) has directed the Regional Passport office to renew the passport of Rajiv Chaturvedi, the Chief General Manager of State-Run PEC Limited while observing that nothing precludes a person facing criminal or departmental proceedings from obtaining passport facilities if he has sought permission from the court as per a 1993 notification issued by the Centre in 1993. (Podcast Available

CRIMINAL - Bombay High Court Grants Bail to Actor Karan Oberoi
Fri, 07 Jun 2019 16:14:53 IST

Bombay High Court has granted bail to TV actor Karan Oberoi on surety of Rs 50,000. Earlier, Oberoi, arrested on charges of raping and blackmailing a woman, had approached the High Court for bail after a lower court rejected his plea for the relief earlier this month. (Podcast Available

GOODS AND SERVICES TAX - Delhi High Court Directs Government to Provide Facility to Review Return in GST Software
Fri, 07 Jun 2019 16:14:37 IST

Delhi High Court has asked that Government to resolve the difficulties in filing TRAN-1 and directed to enable a facility of the trader/dealer being able to save onto his/her system the filled up form and also a facility for reviewing the form that has been filled up before its submission while criticizing that the GST system is still running in a "trial and error phase". (Podcast Available

CIVIL - Karnataka High Court Questions Cops About Inaction Against Noisy Pubs
Fri, 07 Jun 2019 16:14:19 IST

Karnataka High Court has directed the police to submit their response by next week on the action taken against pubs and bars for causing sound pollution in Indiranagar. This came in after the Court was informed that no action had been taken even after Petitioners were requesting the same since 2015. (Podcast Available

CRIMINAL - Jammu and Kashmir High Court Steps in on Valley Rape
Fri, 07 Jun 2019 16:14:01 IST

Jammu and Kashmir High Court has directed the police to file a status report within two days on the rape of a three-year-old, taking up on its own the case that has led to sectarian tensions and violence at multiple places in the Valley. (Podcast Available

SERVICE - Uttarakhand High Court: Grandchildren from Daughter Will Not be Denied Advantages of Welfare Scheme
Fri, 07 Jun 2019 16:13:43 IST

Uttarakhand High Court has noted that grandchildren from a daughter of a freedom fighter cannot be denied the advantages of welfare schemes available to family of a freedom fighter. The Court held that daughter, granddaughter or grandson born to a daughter of a freedom fighter cannot be discriminated against on the basis of gender. (Podcast Available

CIVIL - Madras High Court Questions Why Helmet Rule Not Enforced in Chennai
Fri, 07 Jun 2019 16:13:27 IST

Madras High Court has questioned why the compulsory helmet rule for both rider and pillion could not be implemented in Chennai while the same was successfully enforced in cities like Delhi and Bengaluru. (Podcast Available

EDUCATION - Supreme Court Allows Guru Gobind Singh IP University to Hold MBA Admissions for 2019-20 Through CAT
Fri, 07 Jun 2019 12:02:44 IST

Supreme Court has stayed two orders passed by the Delhi High Court as per which Guru Gobind Singh Indraprastha University was required to conduct a fresh Common Entrance Test for admission to MBA course. This would imply that admission to the University for MBA will be through CAT. (Podcast Available

CRIMINAL - Payal Tadvi Case: Bombay HC Grants Permission to Crime Branch to Interrogate Three Accused Doctors
Fri, 07 Jun 2019 12:02:30 IST

Bombay High Court has refused to grant permission to crime branch the custody of three women doctors arrested for allegedly abetting the suicide of their junior colleague, Payal Tadvi but allowed it to interrogate them for four days. (Podcast Available

CRIMINAL - Delhi High Court Stays Order Granting Permission to Agusta Westland Approver to Travel Abroad
Fri, 07 Jun 2019 12:02:17 IST

Delhi High Court has stayed the permission granted to Rajeev Saxena, a middleman-turned-approver in a money laundering case related to the AgustaWestland chopper scam to travel abroad. (Podcast Available

CRIMINAL - Kerala High Court: Immovable Property Can Constitute Essence of Offence of Criminal Breach Of Trust
Fri, 07 Jun 2019 12:02:03 IST

Kerala High Court has observed "In order to establish "entrustment or dominion" over property to an accused person the mere existence of that person's dominion over property is not enough." The Court also noted that immovable property can be the essence of commission of an offence of criminal breach of trust which is defined under Section 405 of the Indian Penal Code, 1860. (Podcast Available

LABOUR AND INDUSTRIAL - Gujarat High Court Curbs Govt's Plan to Terminate MGNREGA Employees
Fri, 07 Jun 2019 12:01:49 IST

Gujarat High Court has stayed a condition prescribed in a Government Resolution dated May 20 whereby it has decided to terminate the contracts of Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) employees and place them under private agencies, to whom the work has been outsourced. The Court further issued a notice and sought a reply from the State Government after 40 MGNREGA workers approached it against the Government Resolution. (Podcast Available

CRIMINAL - Delhi High Court Acquits Man of Rape Charge as Woman Makes 529 Calls Before Filing Complaint
Fri, 07 Jun 2019 12:01:35 IST

Delhi High Court has acquitted a man of rape charge and held that the woman's testimony "is unreliable and inspires no confidence and there are compelling reasons for rejecting her testimony". The Court further noted that more than 500 calls were made by the woman before filing the complaint. Moreover the woman refused to undergo an internal examination and filed the complaint almost a month after the incident. (Podcast Available

CAPITAL MARKET - SEBI Issues Notice to Five Asset Management Companies
Fri, 07 Jun 2019 12:01:14 IST

Securities and Exchange Board of India (SEBI) has sent notices to five Asset Management Companies for alleged breach of Insider Trading Regulations. SBI Fund Management, ING Mutual Fund (now Birla Sunlife) and BNP Paribas are among these. They are all charged with use of price-sensitive information for trading in the scrip of Manappuram Finance (MFL) in March, 2013. (Podcast Available

CAPITAL MARKET - Securities Appellate Tribunal Dismisses NSE Plea for Bank Guarantee to SEBI
Fri, 07 Jun 2019 12:01:00 IST

Securities Appellate Tribunal (SAT) has rejected NSE's plea for allowing it to provide bank guarantee instead of transferring Rs 687 crore from escrow account to Securities and Exchange Board of India (SEBI) in Co-Location case. SAT however, granted an additional week to the exchange to comply with the May 22 order which directed NSE to transfer Rs 687 crore to SEBI within two weeks from the escrow account. (Podcast Available

DIRECT TAXATION - ITAT Delhi: Cost of Investment in Land is part of Cost of Construction of Residential House
Fri, 07 Jun 2019 12:00:45 IST

Income Tax Appellate Tribunal (ITAT) Delhi has noted that the cost of investment in land is also part of the cost of construction of the residential house, for purpose of availing capital gain exemption under Section 54F of the Income Tax Act, 1961. (Podcast Available

CONSUMER - NCDRC Asks Mercedes Benz to Pay Rs 2 Lakh to Customer
Fri, 07 Jun 2019 12:00:31 IST

National Consumer Disputes Redressal Commission (NCDRC) has asked Mercedes Benz to pay Rs. 2 lakh to its customer as compensation for defects in the Mercedes vehicle he had purchased from them. (Podcast Available

ENVIRONMENT - NGT Asks for Report from DPCC on Plea Alleging Air Pollution Around Shakurbasti Rly Station
Fri, 07 Jun 2019 12:00:11 IST

National Green Tribunal (NGT) has asked for a report from the Delhi Pollution Control Committee (DPCC) on a plea alleging air pollution around the Shakurbasti railway station here due to loading and unloading of cement. (Podcast Available

BANKING - Reserve Bank of India Removes Charges on NEFT, RTGS Transfers
Fri, 07 Jun 2019 11:59:56 IST

Reserve Bank of India (RBI) has announced that it is waiving off charges that are applied on bank transfers carried out either by National Electronic Funds Transfer (NEFT) or Real Time Gross Settlement System (RTGS). The RBI asked consumer banks to pass on this benefit to customers, essentially asking banks to NEFT and RTGS transfers free of cost. (Podcast Available

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