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 …
New Delhi: India is already witnessing ‘trailers’ of future conflicts in the cyber space and unsettled borders as adversaries will continue with efforts to achieve their strategic aims, said Indian Army Chief General M.M. He said India faced multi-domain challenges and disputed borders with nuclear neighbours, coupled with state “We are already witnessing trailers of future conflicts. They are also …
Discipline demands a decision to obey in India and during the pandemic COVID-19 recurrence phase, the judgement passed by the High Court of Delhi has come out as a prima facie reflection of larger public good for the people in Delhi, in holding a vehicle to be a public place even if occupied by only one person for the purpose …