The International Equestrian Federation on Monday refused to grant India “solidarity projects” till the sport’s apex body in the country clears outstanding dues even as the national federation categorically rejected the charge. EFI president Jagat Singh on Monday received an email from FEI official Francisco Lima, who informed him that the FEI Board has taken a few decisions on November …
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 …
While dismissing a Police Inspector's plea for retrospective promotion, the Madras High Court has observed that entertaining such belated claims will result in unsettling the settled position. Finding the petition to be devoid of any merits, a bench of Justice SM Subramaniam observed as follows: "The employees, who have slept over their rights, cannot wake up one fine morning and …
