Tamil Nadu Chief Minister M.K. Stalin on Wednesday said he was deeply shocked by media reports of a BJP leader’s threat that Congress leader Rahul Gandhi would meet the same fate as his grandmother Indira Gandhi and a Shiv Sena MLA announcing a bounty for chopping off the Leader of Opposition’s tongue, among other intimidatory comments. “My brother Rahul Gandhi’s …
The Delhi High Court has held that the deduction under Section 37 of the Income Tax Act is allowable on unsettled claims as well as Incurred But Not Reported, which would amount to contingent liabilities.The bench of Justice Yashwant Varma and Justice Purushaindra Kumar Kaurav has observed that if the historical trend indicates that a large number of sophisticated goods …
