The Delhi High Court in the case Vodafone Mobile Services Ltd. v. Deputy Commissioner Of Income Tax observed and has allowed Vodafone Mobile, who is engaged in providing telecommunication services, in order to claim depreciation of ₹5.10 crores in respect of fixed assets over provisioned expenditure to discharge its contractual obligation of restoring mobile tower sites to their original condition at the end of the lease period.
The Asset reconstruction Cost, ARC was laid out by Vodafone, the Assessing Officer, AO had disallowed the claim, wherein it is stated that the same is not 'ascertained liability'.
The Division bench comprising of Justice Yashwant Varma and Justice Harish Vaidyanathan Shankar was hearing the present matter.
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NASA Astronauts Wilmore & Williams to Return After 9 Months in Space
After spending over nine months aboard the International Space Station (ISS), NASA astronauts Butch Wilmore and Sunita Williams are preparing for their return to Earth.
Bombay High Court Dismissed PIL Challenging Imposition Of Double Toll Fees On Non-FASTag Vehicles
The Division bench comprising of Chief Justice Alok Aradhe and Justice Bharati Dangre was hearing the present matter.
India, New Zealand Start Talks for Free Trade Agreement
India and New Zealand have launched negotiations for a \"comprehensive and mutually beneficial\" Free Trade Agreement (FTA), the Union commerce ministry said in a statement Sunday, minutes after the Kiwi Prime Minister Christopher Luxon landed in New Delhi for a five-day official visit.
The rise and fall of a delusional warlord
M.R. Narayan Swamy is no stranger to the Tamil insurgency in Sri Lanka. His earlier work, Inside an Elusive Mind, included in this volume, remains one of the most definitive accounts of Velupillai Prabhakaran, the founder of the Liberation Tigers of Tamil Eelam (LTTE).
Hyperloop tube to soon become world's longest: Ashwini Vaishnaw
Union Minister Ashwini Vaishnaw visited the Hyperloop testing facility at IIT Madras on Saturday and said that the Hyperloop tube, being developed with the help of the Indian Institute of Technology Madras, will soon be the world's longest tube, measuring 410 meters in length.
Kerala HC Mandates Preliminary Enquiry Before Registering Criminal Cases Against Teachers For Acts In Schools: "Let Teachers Carry A Cane"
The Kerala High Court in the case Sibin S. V. v State of Kerala observed and has directed the police to conduct a preliminary enquiry before proceeding initiated on a criminal complaint against a teacher for anything committed in an educational institution.
CM INSPECTS DRAINS, ORDERS DESILTING BEFORE MONSOON
Gupta blamed previous admin for neglecting drains, causing waterlogging, sewage overflow.
Air India Express to operate 40 weekly flights from Hindon
Rammohan Naidu, Union Minister for Civil Aviation, inaugurated Air India Express's services from Hindon Airport in Ghaziabad.
Delhi HC: Withdrawal Of MSMED Council Application Does Not Preclude Arbitration Under Section 11, Even Without Council's Response
The Delhi High Court in the case M/S Smartschool Education Private Limited Vs M/S Bada Business Pvt. Ltd And Ors observed and has held that the withdrawal of an application before the MSMED Council does not bar a party from seeking the appointment of an arbitrator under Section 11 of the Arbitration and Conciliation Act, 1996, even in the absence of any corresponding response from the MSMED Council.
Adani Green Energy to be water-positive in all operational locations by 2025-26
Adani Green Energy on Sunday said that it is committed to achieving net water positivity by 2025-26 at all its operational locations.
