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Delhi HC relief for Godaddy in royalty case
Economic Times
·
1y ago
Medial
In a recent ruling, the Delhi High Court has stated that the fees received by GoDaddy.com for domain name registration cannot be treated as royalty under the Income Tax Act. GoDaddy.com argued that it was simply assisting customers in obtaining domain name registration and not engaging in licensing domain names. The court agreed, stating that the consideration received for such services cannot be classified as royalty. The ruling overturns the Income Tax Appellate Tribunal's decision and provides relief for GoDaddy.com.
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Liquor policy case: ED challenges bail to CM Arvind Kejriwal, Delhi HC stays order
Money Control
·
1y ago
Medial
The Delhi High Court has stayed the trial court's order granting bail to Delhi Chief Minister Arvind Kejriwal in a money laundering case related to the alleged excise scam. The court has put a hold on the order until it hears the Enforcement Directorate's plea challenging the relief granted to Kejriwal. The decision was made by a bench of Justices Sudhir Kumar Jain and Ravinder Dudeja.
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Delhi HC junks plea by startups ,broadcasting bodies against CCI over delayed hearing
Money Control
·
1y ago
Medial
The Delhi High Court has rejected pleas by the Alliance of Digital India Foundation (ADIF) and Indian Broadcasting and Digital Foundation (IBDF) against the Competition Commission of India (CCI) over the delayed hearing of their case against Google's billing policy. The court stated that since the CCI has already scheduled a hearing for February 21, the petitions have become invalid. ADIF and IBDF had sought interim relief against Google's Play Store delisting threat due to non-compliance with its billing policy. The case has seen little progress since May 2023.
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Supreme Court stays Delhi HC order exempting Tiger Global from capital gains tax in Flipkart-Walmart deal
Economic Times
·
6m ago
Medial
The Supreme Court stayed a Delhi High Court decision exempting Tiger Global from capital gains tax during the Flipkart sale to Walmart. The HC had overturned an Advanced Ruling Authority's decision denying tax relief under the India-Mauritius treaty, citing tax avoidance. The SC issued a notice to Tiger Global and will hear the case on February 18. The HC previously supported treaty protections for Tiger Global, rejecting claims of treaty abuse for setting up in Mauritius.
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Delhi HC to decide on taxability of corporate guarantees
Livemint
·
1y ago
Medial
The Delhi High Court is set to rule on whether corporate guarantees provided by holding companies on behalf of their subsidiaries are taxable under the Central Goods & Service Tax Act. The case, brought by Sterlite Power Transmission, challenges the taxation of corporate guarantees and the valuation criteria set by the finance ministry. The court has granted relief to Sterlite Power Transmission, halting tax authorities from taking action until a judgment is passed. Corporate guarantees, a common business practice where a parent company guarantees the debt of a subsidiary, have resulted in tax demand notices being sent to Indian companies.
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Delhi HC Appoints Arbitrator For Ashneer Grover-BharatPe Dispute
Inc42
·
11m ago
Medial
A dispute has arisen between BharatPe and its ex-employee, Ashneer Grover, over allegations of confidentiality breach. The Delhi High Court has appointed an arbitrator to handle the case, with proceedings to be conducted under the rules of the Delhi International Arbitration Centre. BharatPe had sought an injunction against Grover for sharing confidential information related to the company.
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Karnataka HC declines relief to X Corp in plea against Centre's Sahyog portal
Economic Times
·
4m ago
Medial
The Karnataka High Court denied X Corp's request for interim relief against India's mandate for onboarding its 'Sahyog' portal, a platform for content-blocking orders. X Corp contends the mechanism lacks legal safeguards of Section 69A of the IT Act and criticizes reliance on Section 79(3)(b). The court noted X Corp can seek protection if action is taken against it, indicating no immediate coercive action is anticipated. The case is adjourned to April 24.
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Delhi HC stays Rs 1,140 crore tax demand against Oyo - The Economic Times
Economic Times
·
28d ago
Medial
The Delhi High Court has stayed OYO's Rs 1,140 crore tax demand under the angel tax provision. The demand was based on investment from its holding company, Oravel Stays, deemed taxable income. OYO argues the funds are capital in nature. The court's decision offers relief amid claims of unreasonable assessment. Despite angel tax abolition in 2024, older cases face litigation, emphasizing the financial strain on companies due to aggressive tax interpretations.
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Delhi HC rejects PIL to remove Kejriwal as Delhi CM
Money Control
·
1y ago
Medial
Arvind Kejriwal's wife, Sunita, announced that he would disclose details of the liquor policy case in court on March 28. The Delhi High Court rejected a PIL seeking the removal of Kejriwal as Delhi CM following his arrest by the Enforcement Directorate. The court stated that although there may be practical difficulties, there is no room for legal interference. The plea argued that Kejriwal's continuation as CM would hinder due process of law and disrupt justice. Kejriwal is currently in ED custody and is being presented before a city court. His wife claimed that no money was found during the raids conducted by the probe agency.
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Delhi HC seeks OpenAI's response in ANI copyright suit
Economic Times
·
5m ago
Medial
The Delhi High Court is addressing a case filed by Asian News International (ANI) against OpenAI for allegedly using ANI’s content to train ChatGPT without permission. The Indian Music Industry (IMI) is seeking to intervene due to broader implications for media content usage by AI. Despite ANI’s allegations of content misuse, OpenAI claims it has ceased such practices and is exploring partnerships with news organizations to utilize publicly available content legitimately. The next hearing is scheduled for February 21.
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BharatPe fraud: Ashneer Grover, wife move Delhi HC challenging Look Out Circular
Livemint
·
1y ago
Medial
Former MD of payment app BharatPe, Ashneer Grover, and his wife have approached the Delhi High Court to challenge the Look Out Circular (LOC) issued against them in connection with a cheating and forgery case. They have requested the court to quash the LOC and suspend it temporarily, claiming that they have been cooperating with the investigation. The court has listed the matter for further hearing on May 8 and asked the authorities to consider their application to travel abroad. The FIR against the couple was filed by the Delhi Police's Economic Offences Wing last year.
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