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

[ad_1] 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 … Read more

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

[ad_1] 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 … Read more