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ITAT Delhi held that ‘mark to market’ loss on future and forward contracts are not notional loss of contingent nature. Accordingly, foreign exchange fluctuation loss as claimed by the assessee allowed.

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This article embarks on an examination of the law governing the introduction of additional evidence and documents during Section 34 proceedings under the Arbitration Act, which deal with challenges to arbitral awards.

The Jammu and Kashmir and Ladakh High Court recently observed that the High Courts authority under Article 226 of the Constitution is not confined to scrutinizing the administrative and executive...

/PRNewswire/ -- The white tea market size is estimated to grow by USD 200.81 million from 2022 to 2027, according to Technavio. The market is estimated to grow...

Six members of a family were killed and two others injured when their vehicle collided with a speeding bus driving on the wrong side of the road in Ghaziabad, India. The incident highlights the dangers of traffic violations such as speeding and driving on the wrong side of the road. The bus driver has been arrested and an investigation is underway. | Latest News India

/PRNewswire/ -- Sharakah, a closed joint stock company incorporated by Royal Decree No. (76/98), has come on board with Beehive, a leading fintech company, as...

The company recently reached the milestone of facilitating over AED 1.5 billion worth of loans

I. Introduction On 25th April 2023, 3 of 5 Judges of the Honble Supreme Court of India rendered a judgment holding that: an instrument which is eligible to stamp duty may contain an arbitration... | May 4, 2023

The problem of delay in according assent to Bills passed by the legislature is a burning issue that confronts our polity and quite often is an affront to our democracy and its fundamentals. Just a...