Finance Minister Pranab Mukherjee maintained on Sunday that the budgetary proposal to amend the Income Tax Act with retrospective effect from 1962 to assert the government's right to levy tax on merger and acquisition (M&A) deals involving overseas companies with business assets in India is not Vodafone “case specific,” but an enabling provision to protect the fiscal interests of the country and avert the chances of a crisis. Faced with all-round...
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Is printer and publisher of daily necessary party in defamation case?-J Venkatesan
The Supreme Court has decided to examine whether the printer and publisher of a newspaper or magazine is a necessary party in criminal defamation proceedings when the editor is already cited as an accused in a defamation complaint. A Bench of Justices P. Sathasivam and J. Chelameswar in a brief order on Friday said: “The important question arises [in this petition], namely, in a case of complaint under Sections 499, 500...
More »Parliament can amend law to remove basis of judgment, say legal experts by J Venkatesan
Parliament has the power and jurisdiction to clarify, enact law or bring amendments to a law with retrospective effect to remove the basis or defects in a judgment, say legal experts. Under the proposed amendment to the Income Tax Act announced by Finance Minister Pranab Mukherjee in the budget, to come into effect from April 1, 1962, all persons, resident or non-resident, having business connection in India will have to incur...
More »96% of the arrested criminals are not in jail
-The Hindu Liberal bail system adopted by courts Only 3.2 per cent of the people arrested for various crimes are in prison given the “liberal bail system” adopted by courts, according to the Bureau of Police Research and Development (BPR&D), New Delhi. Making a presentation on ‘Problems of overcrowding in prisons in India' at an all-India conference of DG/IG of Prisons here on Saturday, B.V. Trivedi, Deputy Director, BPR&D, said: “As much as...
More »Change in scavenging Act soon, court told by J Venkatesan
The Centre on Friday informed the Supreme Court that appropriate steps would soon be taken to amend the Employment of Manual Scavengers and Construction of Dry Latrines (Prohibition) Act, 1993 to eliminate manual scavenging. Additional Solicitor General Harin Raval told a Bench of Justices H.L. Dattu and C.K. Prasad that necessary amendments would be introduced in the monsoon session of Parliament. The ASG also assured the court that the government would...
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