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May 22, 2024
SpiceJet had previously paid Rs 730 crore to Maran and his firm, consisting of a principal amount of Rs 580 crore and an interest component of Rs 150 crore.
May 22, 2024
SpiceJet had paid a total of Rs 730 crore, including Rs 580 crore in principal along with an additional Rs 150 crore to Kalanithi Maran and KAL Airways.
May 22, 2024
The Budget carrier, SpiceJet Limited on Wednesday announced through an exchange filing that the airline is planning to ask for a refund of Rs 450 crore from the Rs 730 crore it had paid to its former owner, Kalanithi Maran, and his company, KAL Airways. This decision by the airline come after a ruling by Delhi High Court on May 17.
May 22, 2024
The Punjab and Haryana High Court bench of Justice Sanjay Vashisth directed the Public Works Department (PWD) of Chandigarh to pay a compensation of Rs. 4,00,000 to the Workman who was unjustly...
May 22, 2024
The Kerala High Court has held that its officers are duty-bound to ensure that cases are listed before the appropriate bench as per the roster, unless otherwise ordered by the Chief Justice. It stated...
May 22, 2024
Launching a scathing attack against the Calcutta High Court's order nixing OBC certificates issued in the state after 2010, West Bengal Chief Minister, Mamata Banerjee, on Wednesday said that her government would not accept it and would ...
May 22, 2024
The Delhi ITAT held that receipts by a foreign entity from provision of software services to oil companies in India being in the nature of business profits are not taxable in India in the absence...
May 22, 2024
Launching a scathing attack against the Calcutta High Court's order nixing OBC certificates issued in the state after 2010, West Bengal Chief Minister, Mamata Banerjee, on Wednesday said that her government would not accept it and would ...
May 22, 2024
The Chennai ITAT recently held that the final assessment order dated Nov 21, 2017 passed after expiry of one month from the end of the month in which the DRP directions were received by the Revenue...
May 22, 2024
The Delhi ITAT deleted the addition made u/s 68 being unsecured loan obtained from a firm by the Assessee for further investment in a company on the ground that the identity, creditworthiness, and...