Rajan,Chakravarthy and Accociates, Chartered Accountants Chennai

RCA

From the Courts
From the Courts
From the Courts

  • Why Supreme Court judgment on telecom a blow to government
    However much Communications and IT Minister Kapil Sibal may seek to defend the government, the verdict on telecom licences by the Supreme Court has dealt a severe blow to the credibility of the government, particularly when the very edifice of the executive - that of framing and executing policies -...

  • Court grills CBI over its Pathribal probe
    The Supreme Court on Friday asked the Central Bureau of Investigation to answer certain questions relating to the 2000 Pathribal encounter case in Jammu and Kashmir initiated by it. The CBI has initiated a case against five Army officers involved in an alleged fake encounter since the Army did not ...

  • Supreme Court cancels 122 telecom licences
    The Supreme Court on Thursday ordered the cancellation of all the 122 unified access service licences issued in January 2008 by former telecom minister A Raja. It also directed the Telecom Regulatory Authority of India (Trai) to make fresh recommendations for the telecom spectrum auction route in fu...

  • High court's I-T relief for MSat
    The AP high court on Tuesday stayed the moves of the Income Tax department to encash the bank guarantee worth Rs 617 crore tendered by Mahindra Satyam. Granting an interim relief to IT consulting and outsourcing firm Mahindra Satyam, the court also ordered a status quo on the assessment proceedings....

  • M/s Maheshwari Agro Industries vs. UOI (Rajasthan High Court)
    S. 220(6): In high-pitched assessments, AO must ordinarily grant stay of demand The assessee offered Rs. 3.48 lakhs. The AO made a “high-pitched” assessment of Rs. 1.44 crores. The AO rejected the assessee’s stay application and issued s. 226(3) garnishee notices. The assessee filed a Writ Peti...

  • Maheshwari Agro Industries vs. UOI (Rajasthan High Court)
    S. 220(6): In high-pitched assessments, AO must ordinarily grant stay of demand The assessee offered Rs. 3.48 lakhs. The AO made a “high-pitched” assessment of Rs. 1.44 crores. The AO rejected the assessee’s stay application and issued s. 226(3) garnishee notices. The assessee filed a Writ Peti...

  • MP Lokayukta justifies special court bill
    Madhya Pradesh Lokayukta today justified the state government\'s proposed Special Court Bill which provides for seizing the property of corrupt officials. \"It is a very important bill. Though we don\'t say that special courts for the trial of corruption cases should be set up in all the districts o...

  • Important Transfer Pricing Judgements
    Busy Professionals need access to important case laws at their finger-tips. So, if you are a busy professional practicing Transfer Pricing Law, you will find our new feature very useful. We have collated all the important judgements on transfer pricing and arranged them date wise. You can access the...

  • Alpine Electronics Asia Pte Ltd vs. DGIT (Delhi High Court)
    S. 147/292BB: Delay in issue of s. 143 (2) notice renders assessment invalid The AO issued a notice u/s 148 to reopen the assessment. Though the assessee filed a ROI, the AO did not issue the s. 143(2) notice within the prescribed period but passed a draft assessment order u/s 144C. The Court h...

  • Dinesh Chandra Agarwal vs. UOI (Allahabad High Court)
    As interim measure, Ex-ITAT Members permitted to practice before Benches where they were not posted Rule 13E of the Income Tax Appellate Tribunal Members (Recruitment and Conditions of Service) Rules, 1963 notified on June 3, 2009 imposes a ban on the practice by retired members before the Inco...

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