preference

Bombay high court will give preference to petitioner who attained the age of 60 years and above

A little-known circular issued by the Bombay high court promises to bring respite to senior citizens, who have been caught in the web of litigations. The HC has decided that preference should be given to cases where either of the parties involved in the court matter has attained the age of 60 years and above.
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Method of Voting – ICAI Council Elections – 2009

1) The elections to the Central/Regional Councils of our Institute are to be held on 5th December, 2009, in all cities. However, in Mumbai, Ahmedabad, Pune, New Delhi, Delhi, Kolkatta, Chennai, Bangalore and Hyderabad the elections will be held on 4th and 5th December, 2009. The polling booths at all places will remain open from 8.00 A.M. to 8.00 P.M. on the dates of polling. The Institute has communicated the details about..
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Penalty having commercial nature and paid in the normal course business is allowable

In the Case of : Western Coalfields vs. ACIT (ITAT Nagpur), Decided by : ITAT Nagpur Bench, Date of Order: 30.06.2009, Appeal No. : ITA No. 261/Nag. 2008 (Assessment Year 2003-04) Explanation to s. 37 (1) does not apply to “penalty” which is not of the nature of illegal / unlawful expenditure The assessee became [...]
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