Monthly Archives: February 2012

Classification of AOR and non-AOR is not unconstitutional: Delhi High Court

Delhi High Court maintained that the Supreme Court of India has the power to lay down the rules about the entitlement of persons not only to act but also to plead before it under Article 145 of the Constitution, even … Continue reading

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Duty Entitlement Pass Book sale proceeds are not “profits”: Supreme Court

The Supreme Court of India clarified that the entire sum received by a person on transfer of Duty Entitlement Pass Book (DEPB) does not become his “profits”. It is only the amount that he receives in excess of the face … Continue reading

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Reserve Bank of India issues Guidelines regarding implementation of the provisions of Foreign Contribution (Regulation) Act, 2010

GUIDELINES Government of India, Ministry of Home Affairs has published a Notification S.O. 909 (E) dated the 29th April, 2011, in the Official Gazette bringing into force the Foreign Contribution (Regulation) Act, 2010 (“the Act”) with effect from May 1, … Continue reading

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Delhi Race Club to pay entertainment tax on fees charged for carrying cell phones

Delhi High Court ruled that entertainment tax is payable on the amount paid by a person for carrying his mobile phone inside the Delhi Race Club under the Delhi Entertainments and Betting Tax Act, 1996 (“Act”). The Court said that … Continue reading

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No State can impose any tax during the importation of goods into India: SC

The Supreme Court of India ruled that no tax on the sale or purchase of goods can be imposed by any State when the transaction of sale or purchase takes place in the course of import of goods into or … Continue reading

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