Deduction u/s 54F not eligible as flats not hold for minimum period of 3 years

Smt. Madhu Devi Jain Vs ITO (ITAT Hyderabad) ITAT Hyderabad held that claim of deduction under section 54F of the Income Tax Act not available as the flats sold are not hold for a minimum period of 3 years. The assessee is an individual deriving income from house property, business income, capital gains and other …

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Designated Zone under UAE VAT

Designated Zone under UAE VAT Designated Zone in United Arab Emirates (“UAE”) is similar to Special Economic Zone (“SEZ”) in India. Upon fulfilment of certain conditions as set out in Executive Regulation (“ER”), these zones are treated outside the State thereby enjoying the benefits of no taxation and certain other reliefs. As per UAE VAT …

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Calculating Relief Under Sections 89 & 89A: Tax Benefits Explained

The intricacies of the Indian tax system can be quite complex, especially when it comes to dealing with unique financial situations such as receiving arrears, gratuity, and foreign retirement benefits. In such cases, understanding and effectively calculating tax relief becomes paramount. This comprehensive article delves into the detailed provisions of Sections 89 and 89A of …

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Unacceptable to Permit Anonymous, Malafide movie reviews: Kerala High Court

[Mubeen Rauf v Union of India & Ors.]. The Court observed that although the Kerala police’s methods to stop “motivated, malicious, negative reviews” and “review bombings” were commendable, more work was needed to address the underlying problem. On Wednesday, the Kerala High Court directed that online platforms be closely watched to make sure that hostile …

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Madhya Pradesh High Court dismisses Coca-Cola’s request to dismiss the retailer’s lawsuit alleging that it sold expired Maaza

[Hindustan Coca Cola Beverages Pvt. Ltd. vs The State of Madhya Pradesh] Coca-Cola contended that since the merchant sold the product after its expiration date, it could not be held accountable. However, the Court decided that the producer cannot avoid responsibility for a store selling an expired goods. The Madhya Pradesh High Court recently observed …

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Wife is not subject to her husband’s demands to remain a slave or bonded laborer: Chhattisgarh High Court

[Kalyani Bai v Tejnath] The Court added that there should be mutual respect between the husband and wife in a marriage. The marriage would be disrupted if either side forces any condition on the other, the Court said. In a matrimonial house, a wife should not be treated as chattel or bonded labour and made …

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Road Roller And Chapatti Roller Cases, Which Have An Excessively Similar Appearance To Cars

BRS, citing “confusion” as the reason for its four contest losses, loses another legal struggle to have emblems that “resemble its own too closely” removed from circulation. Observe which two minor parties are on the defensive. On Friday, the ruling Bharat Rashtra Samiti (BRS) in Telangana filed a lawsuit disputing the electoral symbols that were …

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Roshanara Club’s Administration Not Allowed To Reclaim Premises: Supreme Court

The club went to the High Court, pleading for the eviction notice to be quashed and asking for guidance on how to extend its license. The Supreme Court has rejected a plea by the management of the Roshanara Club, which was sealed following expiry of its lease, to restore possession of the premises to it. …

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Notification From Supreme Court To Delhi Police On The Appeal Against Detention Of Hr Head Of Newsclick 

On October 3, Purkayastha and Chakravarty were taken into custody by the Delhi Police Special Cell. They filed a motion with the Delhi High Court contesting both the arrest and the seven-day police detention. The founder and chief editor of NewsClick, Prabir Purkayastha, and the head of the news portal’s HR department, Amit Chakravarty, filed …

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