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Supreme Court Disposes of Appeals by Authority for Advance Rulings Against High Court Judgment Quashing AAR's Rejection of Treaty Benefits. Questions Raised on Taxation of Capital Gains Under India-Mauritius DTAA and Scope of Section 245R(2) Proviso (iii) of Income Tax Act, 1961.

The disputes arose from applications for advance ruling filed by three Mauritius-incorporated companies—Tiger Global International II Holdings, Tige...

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Bombay High Court Upholds Compulsory Retirement of CISF Head Constable for Misconduct and Unauthorized Absence. Disciplinary Authority's Discretion in Imposing Penalty Not Interfered With as Charges of Absence Without Leave and Misbehavior Were Proven.

The petitioner, Pralhad Bhaurao Thale, joined the Central Industrial Security Force (CISF) in 1993 as a Head Constable. In 2013, he was placed under s...

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High Court of Bombay at Goa Considers Challenge to MoEF Notification Transferring NGT Jurisdiction Over Goa Matters to Delhi Principal Bench. The Court Examines Legality of Transfer Without Public Consultation and Lack of Alternative Arrangements Under NGT Act.

The High Court of Bombay at Goa took suo motu cognizance on 21st August 2017 upon learning of a notification by the Ministry of Environment, Forest an...

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Bombay High Court Hears Writ Petition Challenging Taxation of Alleged Shortfall in Share Premium Under Transfer Pricing Provisions. The Dispute Centers on Whether Chapter X of the Income Tax Act, 1961 Can Apply When No Actual Income Arises from the International Transaction.

The petitioner, Vodafone India Services Pvt. Ltd., a wholly owned subsidiary of a non-resident holding company, issued 2,89,224 equity shares at a pre...

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Supreme Court Dismisses Appeal Against Rejection of Discharge in PMLA Case — Money Laundering Held to be Continuing Offence. Retrospective Application of PMLA Upheld Where Proceeds of Crime Remain in Circulation, Irrespective of When Scheduled Offence Was Committed.

The appellant, Pradeep Nirankarnath Sharma, was implicated in a money laundering case under the Prevention of Money Laundering Act, 2002 (PMLA) based ...