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Supreme Court Grants Bail to Appellant in PMLA Case Due to Prolonged Incarceration and No Likelihood of Speedy Trial — Twin Conditions Under Section 45 PMLA Relaxed as Bail is Rule and Jail is Exception.

The Supreme Court allowed the appeal of Prem Prakash against the judgment of the High Court of Jharkhand which had dismissed his bail application in a...

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High Court of Karnataka Allows Writ Petition for Refund of Illegal Tax Collected by Grama Panchayath from Poultry Farm Owner. Levy of Property Tax on Agricultural Land Used for Poultry Farming Held Unauthorized Under Karnataka Panchayat Raj Act, 1993.

The petitioner, K Narasimhamurthy, is the absolute owner of agricultural land bearing No.35 measuring 4 acres situated at Nagasandra Village, Sondekop...

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High Court of Karnataka Adjudicates TDS Obligations of Turf Clubs on Stake Money Payments to Horse Owners under Income Tax Act. Interpretation of Section 194B and CBDT Circulars Central to Dispute over Characterization of Stake Money as Winnings.

The case involved writ petitions filed by Bangalore Turf Club Limited, Mysore Race Club Limited, Karnataka Race Horse Owners Association, and an indiv...

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Bombay High Court Allows Petition by TPAs Challenging TDS Notices Under Section 194J of Income Tax Act. Payments to Hospitals by TPAs for Health Insurance Claims Are Not Subject to TDS as They Are Not Fees for Professional or Technical Services.

The petitioners, Dedicated Health Care Services TPA (India) Pvt. Ltd. and others, are Third Party Administrators (TPAs) registered with the Insurance ...

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Supreme Court Allows Appeals in SAFEMA Forfeiture Case — Notice to Convict Not Mandatory When Property Held by Relatives. The Court held that proceedings against relatives under Section 6 of SAFEMA are independent and do not require prior notice to the convict.

The Supreme Court of India heard appeals against a Madras High Court judgment that had set aside forfeiture orders under the Smugglers and Foreign Exc...