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Supreme Court Dismisses Assessee's Appeal in Income Tax Deduction Case Under Section 43B Explanation 3C. Interest Converted into Debentures Not Deemed Actually Paid as Per Retrospective Amendment, Disallowing Deduction Under Income Tax Act, 1961.

The dispute arose from an appeal by M.M. Aqua Technologies Ltd. against the Commissioner of Income Tax, Delhi-III, concerning the interpretation of Se...

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Supreme Court Upholds NCLAT Order in Insolvency Resolution Plan Approval Under Insolvency and Bankruptcy Code, 2016. Resolution Plan Found Compliant with Section 30(2) and Binding on All Stakeholders Despite Pending Creditor Claim Challenges.

The appeal arose under Section 62 of the Insolvency and Bankruptcy Code, 2016, against a judgment dated 4 January 2021 of the National Company Law App...

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Supreme Court Quashes High Court's Retrospective Enhancement of Retirement Age in Service Regulations Case. High Court Exceeded Judicial Review Limits by Ordering Retrospective Effect from 2002 for Age Enhancement Under UP Industrial Area Development Act, 1976 and NOIDA Regulations, 1981.

The dispute arose from the enhancement of the retirement age for employees of the New Okhla Industrial Development Authority (NOIDA) from 58 to 60 yea...