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Opening And Closing Stock Of The Year Is To Be Valued By Applying Same Methodology: Kerala High Court

The Kerala High Court has held that the stipulation under Clause 16 of the Income Computation and Disclosure Standards for the adoption of first-in, first-out or weighted average cost for valuation of the stock or inventory cannot be applied in the Assessment Year 2017-2018 for the valuation of the opening stock, as the opening and closing stock of the year …

Kerala High Court

Dahlia Lithwick explains how originalism took over the courts and dictates the law on guns, abortion, and more.

Supreme Court

Hyderabad: Justice K. Surender of the Telangana High Court spelled out the methodology to be followed by the Magistrate Court when the police do not find any evidence against some of the accused. The act of the learned magistrate in directing issuing of summons against the petitioners, based on a note put up by the superintendent is found fault with.” …

Factors Like Nature Of Crime, Methodology Adopted Assume Significance In Denying Bail To A Juvenile: Allahabad High Court

The Allahabad High Court has observed that factors such as the nature of the crime, the methodology adopted, the manner of commission, and the evidence available assume ample significance in deciding to deny bail to a juvenile. The bench of Justice Jyotsna Sharma observed thus as it stressed that bail to a juvenile is not a must in all cases …

Dealing with the suo moto proceedings initiated by it on the issue of October 2021 violence in North Tripura, the Tripura High Court recently asked the State government to specify details for computing the amount of compensation that has been awarded in favour of those persons who have suffered damages and loss to their livelihood. The Bench of Chief Justice …

Legal Expatiate is an active forum of researchers, professionals, and students where they arrange webinars of Senior Advocates, High Court Judges and other luminaries, where they arrange various competitions like Research Article Writing Competition, Moot Court Competitions, Essay Competition, Quiz Competition, Certificate Courses etc in order to groom research and advocacy skills of. Legal Expatiate is an active forum of …

A petition has been filed in the Supreme Court to direct the authorities to cancel the Central Board of Secondary Education and the India School Certificate examination exams for Class 12 students. The petition asked both the boards to instead conceive an objective methodology to declare the Class 12 results within a specific time-frame. There should not be any uncertainty …

BREAKING : Supreme Court Constitutes National Task Force To Formulate Methodology For Scientific Allocation Of Medical Oxygen To States, UTs

The Supreme Court has constituted a 12 member National Task Force to formulate a methodology for scientific allocation of liquid medical oxygen to all the States and Union Territories in order to deal with the dearth of oxygen supply amid the second Covid wave.A division bench comprising of Justice DY Chandrachud and MR Shah constituted the Task Force which will …