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High Court of Karnataka Dismisses Assessee's Appeal in Income Tax Reassessment Case — No Substantial Question of Law Arises. Reassessment Notice Under Section 148 of Income Tax Act, 1961 Upheld as Properly Issued Within Time and Based on Reasonable Belief of Income Escaping Assessment.

The appellant, Gopal S. Pandit, proprietor of Pandit Developers, filed an appeal under Section 260-A of the Income Tax Act, 1961 against the order of ...

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Bombay High Court Hears SEBI's Application to Recall Sanction of Composite Scheme in Fertilizers Merger Case. Securities Regulator Alleges Material Non-Disclosure and Accounting Violations in Scheme Involving Listed and Unlisted Companies Under Companies Act, 1956.

The Securities and Exchange Board of India (SEBI) filed applications on 21.02.2013 seeking recall of orders of the Bombay High Court dated 17.06.2011 ...

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High Court of Bombay Hears Appeal Against Company Law Board Orders Refusing to Enforce Settlement Under Section 634A of Companies Act, 1956. The appeal challenged the binding nature of an order recording broad settlement when consent terms were unsigned and third-party interests were involved.

The appeal arose from two orders of the Company Law Board (CLB) dated 2 July 2004 and 13 September 2004, which held that an earlier CLB order dated 29...

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Supreme Court Partly Allows Management’s Appeal, Confirms Ex-Gratia Bonus for Workmen but Declares Strike Unjustified. Agreement Under Section 34(3) of Payment of Bonus Act, 1965, Formed by Communication of Cabinet Decision; Strike During Conciliation Devoid of Justification.

The appeal arose from an industrial dispute between the Management of Fertilizer Corporation of India, a Central Government undertaking, and its workm...

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Supreme Court Sets Aside High Court Mandamus Directing Finalization of RPF as Organized Service. In-Principle Approval by DoPT Was Conditional and Subject to Cadre Review Committee Approval, Which Was Not Granted.

The Supreme Court disposed of a batch of appeals filed by the Union of India against judgments of the Delhi High Court that had directed the governmen...

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High Court of Karnataka Allows Contractor's Petition Against Deduction of Labour Welfare Cess. Cess Cannot Be Deducted Unless Included in Estimate or Tender Notification Under Building and Other Construction Workers' Welfare Cess Act, 1996.

The petitioner, R.N. Parameshwarappa, a Class-I Civil Contractor, filed a writ petition under Articles 226 and 227 of the Constitution of India seekin...

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High Court of Karnataka Allows Contractor's Petition Against Deduction of Labour Welfare Cess. Cess Cannot Be Deducted Unless Included in Estimate or Tender Notification Under Building and Other Construction Workers' Welfare Cess Act, 1996.

The petitioner, R.N. Parameshwarappa, a Class-I Civil Contractor, filed a writ petition under Articles 226 and 227 of the Constitution of India seekin...