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SEBI Upholds Eligibility of Promoters' Shares Acquired via Court-Sanctioned Amalgamation Under DIP Guidelines: Reliance Power Ltd. Case Introduction The case of Reliance Power Ltd., In Re (Scheme Of...
Ensuring Merit-Based Adjustments for SC/ST Candidates in Railway Promotions: Insights from B. Raja Rao v. Union Of India 1. Introduction The case of B. Raja Rao v. Union Of India adjudicated by the...
Distinguishing Business Income from Capital Gains in Share Transactions: Insights from Sarnath Infrastructure (P.) Ltd. v. Assistant Commissioner of Income-tax Introduction The case of Sarnath...
C.A.T. Upholds Reservation for Physically Handicapped Employees in Group B Promotions Introduction The case of J.G.S. Kishore Kumar v. Central Board Of Direct Taxes was adjudicated by the Central...
Limitations of Estimating Income Based on Electricity Consumption: Commentary on Deputy Commissioner of Income-tax v. Royal Marwar Tobacco Product (P.) Ltd. Introduction The case of Deputy...
SEBI's Landmark Judgment on Synchronized Trading: Net Equity Broking Pvt. Ltd. v. SEBI Introduction The Securities and Exchange Board of India (SEBI) adjudicated a pivotal case against Net Equity...
SEBI Imposes Suspension on Shobha Investments for Manipulative Trading in Home Trade Ltd Shares Introduction The Securities and Exchange Board of India (SEBI), the regulatory authority for securities...
Establishing Permanent Establishment through Dependent Agents and Arm’s Length Remuneration: Insight from Galileo International Inc. v. Deputy Commissioner of Income-tax Introduction The case of...
Inclusion of Foreign Tax Provisions in Book Profit under Section 115JA: Bank of India Ruling 1. Introduction The case of Bank of India, In Re adjudicated by the Authority for Advance Rulings on...
Affirmation of SEBI's Comprehensive Regulatory Authority in IPO Manipulation Cases: The Dhaval A. Mehta Judgment Introduction The judgment delivered by the Securities and Exchange Board of India...
P. Srinivas Naik vs. Assistant Commissioner of Income Tax: Clarifying Jurisdiction under Section 153C Introduction The case of P. Srinivas Naik v. Assistant Commissioner of Income-tax, Central...
Clarifying Deduction Eligibility Under Section 10A: Insights from I Gate Global Solutions Ltd. v. Assistant Commissioner of Income-tax Introduction The case of I Gate Global Solutions Ltd. v....
Physical Retention of Capital Goods in Cenvat Credit Claims: Insights from Dalmia Cements (Bharat) Ltd. v. Commissioner of C.Ex., Tiruchirapalli Introduction The case of Dalmia Cements (Bharat) Ltd....
Mentor Graphics (Noida) Pvt. Ltd. v. DCIT: Reaffirmation of FAR Analysis in Transfer Pricing Introduction The case of Mentor Graphics (Noida) Pvt. Ltd. v. Deputy Commissioner of Income-tax, Circle...
Clarifying Section 80-IA: Option for Initial Assessment Year and Non-Set Off of Prior Losses Introduction The case of Mohan Breweries & Distilleries Ltd. v. Assistant Commissioner of Income-tax,...
Finality of Customs Assessments: Insights from Vittesse Export Import v. Commissioner Of Customs Introduction The case of Vittesse Export Import v. Commissioner Of Customs (Ep), Mumbai adjudicated by...
Denial of Section 11 Exemption for Educational Institutions Engaging in Capitation Fee Collection Introduction The case of Vodithala Education Society v. Assistant Director of Income-tax (Exemptions)...
Mutual Fund Transactions Recognized as Capital Gains and Interest Exempted under Mutuality: Bombay Gymkhana Ltd. v. Income-tax Officer Introduction The case of Bombay Gymkhana Ltd. v. Income-tax...
Deductibility of NPA Provisions by NBFCs Under Income-tax Act: Insights from New India Industries Ltd. v. Assistant Commissioner of Income-tax Introduction The case of New India Industries Ltd. v....
Establishing Evidentiary Sufficiency in Clandestine Removal: Lucky Dyeing Mills Precedent Introduction The case of Lucky Dyeing Mills P. Ltd. v. Commissioner Of Central Excise & Customs, Surat...