Supreme Court docket dismisses Maran’s plea in search of ₹1,323 crore damages from SpiceJet

The Supreme Court docket on Wednesday dismissed a plea filed by Kalanithi Maran and KAL Airways difficult a Delhi Excessive Court docket order that had rejected their declare in search of ₹1,323 crore in damages from SpiceJet. A bench of Justices P. S. Narasimha and Atul S. Chandurkar refused to intervene with the excessive court … Read more

Hyatt faces India tax blow as Supreme Court docket confirms ‘Everlasting Institution’ standing

In an important ruling with broad implications on how multinational firms are taxed in India, the Supreme Court docket on Thursday held that UAE-based Hyatt Worldwide Southwest Asia, which gives lodge advisory companies in India, has a taxable Everlasting Institution (PE) within the nation. A bench comprising Justices J.B. Pardiwala and R. Mahadevan upheld Delhi … Read more