TDS not deductible on payment for advertisement to foreign company
TDS is not deductable on the payment made to search engine provider (Google or yahoo) for advertisement or display of banner at site, as same is business income and in…
Legal Update
Cabinet to introduce the Indian Judicial Service (IJS)
Aiming to infuse young talents to higher judiciary, the government has prepared a Cabinet note to introduce the Indian Judicial Service (IJS) — an all-India service on the lines of…
Copyright Board cannot pass Order of Interim Compulsory License
Author: Varnika Singh* The Copyright Board under the Copyright Act, 1957 [hereinafter referred as ‘Act’] does not have power to grant an ad hoc compulsory license by way of interim…
No Service Tax on Individual Advocates
The Ministry of Finance through notification had specified that in respect of services provided by an individual advocate to any business entity, the service-tax payable by the advocate shall be…
Supreme Court Canceled 122 2G Spectrum Licences
Allowing writ petitions filed by the Centre for Public Interest Litigation and others and Janata Party president Subramanian Swamy seeking the cancellation of the licences, a Bench of Justices G.S.…
Civil Courts can execute Lok Adalat Awards
“Every award of a Lok Adalat including an order recording a settlement between the parties in a “cheque bounce case” under 138 NI Act, is deemed a civil court decree,…
The validity period of cheques/ DDs reduced from 6 months to 3 months.
The validity period of cheques/ DDs reduced from 6 months to 3 months. This will be effective 1.4.2012. For further information Copy of the RBI Circulation has been given below…
Hindu woman entitled to equal property rights and Liabilities
This judgment of Supreme court upholding the amendment to the Hindu Succession Act, under which a Hindu woman / daughter will have equal rights over the property as other male…
No case made out if cheque issued for Security Deposit – Bombay HC
Brief Facts: As per the said contract, Contractors deposited the sum of Rs. 10 lacs by undated cheque no.027840 drawn against South Indian Bank Ltd., Palarivattom Branch, Cochin branch with…
The Lok Pal Bill, 2011
The Lok Pal Bill, 2011 was introduced in Parliament on 4 August 2011. The Bill seeks to establish the office of the Lok Pal to investigate and prosecute cases of…