To alleviate the backlog of tax litigation, the government has raised the monetary thresholds for the ITD’s appeals - Rs 60 lakhs for Tribunals, Rs 2 crs for High Courts, and Rs 5 crs for the Supreme Court. By elevating the monetary limits, the government aims to focus judicial resources on more impactful cases, thereby reducing the pendency and accelerating the path to finality.
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The Tribunal dismissed interlocutory application for substitution of legal heirs
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The Court emphasised that the Arbitral Tribunal is required to render a decision having regard to the terms of the agreement. It was held that in the present case, the award of damages on account of loss of profits was contrary to the terms of the agreement and thus the Award was held to be vitiated by patent illegality
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In this conversation with BW Legal World, Raj R. Panchmatia talks about judiciary's role in promoting Arbitration as a mode of dispute resolution, challenges in enforcement of arbitral awards and much more
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The Tribunal will review the Ministry of Home Affairs (MHA) decision on extending the ban on the Liberation Tigers of Tamil Eelam (LTTE) for another five years as an unlawful association
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Dr. Lalit Bhasin, along with Mr. Arush Khanna, Mr. Vaibhav Mehra, and Mr. Devrat Tiwari, Advocates, appeared for the Amaltash Residents Welfare Association
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Dr. Subhash Chandra was represented by Trust Legal through Partners, Ms. Ritwika Nanda & Ms. Petal Chandhok and Associate, Ms. Shruti Gupta
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