Search Results for "British Virgin Island Company"

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Search Results for "British Virgin Island Company"

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Supreme Court

Supreme Court Hears Appeal on Taxability of Capital Gains from Transfer of Shares of a Cayman Islands Company Holding Indian Telecom Assets. The core issue involves whether the offshore transaction is liable to capital gains tax in India under the Income Tax Act, 1961, given that the company's value is derived from Indian telecom assets.

1 Aug 2026

The matter concerned a tax dispute between Vodafone International Holdings BV (VIH), a Netherlands resident company, and the Indian Revenue authoritie...

High Court

Karnataka High Court Dharwad Bench Hears Petitions Filed Under Section 482 Cr.P.C. Seeking Quashing of Criminal Proceedings for Alleged Offence Under Section 50 of Black Money (Undisclosed Foreign Income and Assets) Imposition of Tax Act, 2015. The complaints allege commission of offence under Section 50 of the Black Money (Undisclosed Foreign Income and Assets) Imposition of Tax Act, 2015 against family members holding BVI companies.

7 Jun 2024

These eight criminal petitions filed under Section 482 of the Code of Criminal Procedure, 1973 sought quashing of multiple criminal proceedings pendin...

High Court

Bombay High Court Allows Revenue's Appeal in Income Tax Case Involving Non-Resident Company - Denial of Treaty Benefits and Business Connection Upheld. The court held that the Tax Residency Certificate is not conclusive and the Assessing Officer can examine the substance of the arrangement to determine treaty eligibility.

16 Jun 2023

The case involves an appeal by the Commissioner of Income Tax (International Taxation) against the order of the Income Tax Appellate Tribunal (ITAT) i...

Supreme Court

Supreme Court Refers Review Petitions on Women's Entry to Sabarimala Temple to Larger Bench — Constitutional Questions on Religious Freedom and Essential Practices Require Authoritative Determination by Seven-Judge Bench. The court identified an apparent conflict between Shirur Mutt and Durgah Committee regarding judicial review of essential religious practices under Articles 25 and 26 of the Constitution.

14 Nov 2019

The Supreme Court, in a judgment dated November 14, 2019, disposed of a batch of review petitions and connected matters arising from the earlier judgm...

High Court

Bombay High Court Holds Sheriff's Poundage Payable on Settlement Amounts in Admiralty Suits — Admiralty Jurisdiction — Sheriff's Fees — Table of Fees under Bombay Court Fees Act, 1959 — Court ruled that poundage is payable on the amount for which the vessel is released, including settlement sums, and not merely on the value of the vessel as per the warrant of arrest, and that the Sheriff is entitled to poundage even if the suit is settled before actual sale, as the Sheriff's services in effecting arrest and maintaining custody are rendered.

17 Jan 2018

The Bombay High Court addressed two unrelated admiralty suits tagged together to decide a common issue regarding the payment of poundage to the Sherif...

High Court

High Court of Bombay Dismisses ONGC's Challenge to Arbitral Award in Contract Dispute with Western Geco International Ltd. — Delay in Payment of Mobilization Advance Constituted Breach by ONGC, Entitling Contractor to Damages of US$ 2,936,607.82.

12 Dec 2005

The case involves a challenge by Oil & Natural Gas Corporation Ltd. (ONGC), a public sector undertaking, against an arbitral award dated 4-2-2005 made...

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