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By Economic Laws Practice
In the Income Tax Appeals filed by Trans Asian Shipping Services Private Limited ("TASS"), the Hon'ble Kerala High Court has held that slot charter operations would not be denied the benefit of the Tonnage Tax Scheme...
By Economic Laws Practice
The Securities Appellate Tribunal in an order passed on 28 January 2015 has held/made following observations in connection with the disclosure requirements prescribed under the SEBI...
By Economic Laws Practice
After a long await, last Friday (December 19, 2014) finally saw the Finance Minister, Mr. Arun Jaitley table the Constitutional (One Hundred and Twenty Second Amendment) Bill, 2014 ('Amendment Bill') in the Lok Sabha.
By Economic Laws Practice
The Arbitrator's power to grant post-award interest on the total sum of principal plus interest awarded has had a chequered history in courts, dating back to decisions under Arbitration Act, 1940 ("1940 Act").
By Economic Laws Practice
Justice Burroughs once described ‘public policy’ as an unruly horse; when once you get astride it you never know where it will carry you.
By Economic Laws Practice
The judicial developments in arbitration in India in 2014 have been both encouraging and curious at the same time.
By Economic Laws Practice
After a long await, last Friday (December 19, 2014) finally saw the Finance Minister, Mr. Arun Jaitley table the Constitutional (One Hundred and Twenty Second Amendment) Bill, 2014 ('Amendment Bill') in the Lok Sabha.
By Economic Laws Practice
The Company preferred appeals against the order of Specified Officer with the Commissioner of Customs (Appeals) but, the appeals were not entertained for want of jurisdiction.
By Economic Laws Practice
In a writ petition filed before the Hon’ble Bombay High Court, the issue was the eligibility of the Petitioner-Company to duty credit scrips under the Served From India Scheme
By Economic Laws Practice
The decision of the Bombay High Court is also in consonance with the intent and purpose of the EPCG scheme which is to accelerate exports from India.
By Ajit Tolani, Darshi Shah
The Central Board of Direct Taxes has made various amendments to the Income Tax Rules dealing with transfer pricing, which are to be enforced with effect from April 1 2013.