The principle of taxation under the Income Tax Act, 1961 is that every person is liable to pay tax on the income earned by them. However, there are certain circumstances under which another person’s income is included in the assessee’s total income. These provisions, referred to as “Clubbing of Income,” are primarily anti-avoidance measures introduced
... Continue Reading.Legal Bites April 2025: Monthly Legal Updates
Welcome to the Legal Bites Monthly Legal Updates for April 2025! This edition offers a comprehensive overview of April 2025’s most impactful legal, national, and global events, highlighting developments that shaped public policy, judicial interpretation, and international relations. Stay informed and up-to-date with the most significant legal changes of the month. April 2025: Key Legal,
... Continue Reading.DMD Advocates Advised Supreme Group on Acquisition of Full Ownership of Thai Operations
DMD Advocates Advised Supreme Group on Acquisition of Full Ownership of Thai Operations DMD Advocates represented Supreme Group in acquiring full ownership of Supreme Feltol (Thailand) Company Limited, following the acquisition of shareholding from local Thai shareholders. Supreme Group, a global leader in auto components, advanced material technologies, and engineered product solutions, announced the successful
... Continue Reading.RPNLU Prayagraj Observes International Labour Day with Brick Kiln Labourers in Gohri Village, Soraon
Prayagraj, May 1, 2025 — In a significant step toward promoting legal literacy and social justice, Dr. Rajendra Prasad National Law University (RPNLU), Prayagraj, through its Legal Aid Society, commemorated International Labour Day with a grassroots legal awareness initiative aimed at empowering labourers working in the brick kilns of Gohri Village, Soraon, Prayagraj. The outreach
... Continue Reading.Herbert Smith Freehills Advised Mitsui & Co., Ltd. On Low-Carbon Offtake Arrangements For Landmark Blue Point Ammonia Project
Herbert Smith Freehills advised Mitsui & Co., Ltd. on low-carbon offtake arrangements for landmark Blue Point ammonia project Herbert Smith Freehills has advised Mitsui & Co., Ltd. on low-carbon offtake and related CCS arrangements for the Blue Point low-carbon ammonia project in Louisiana, USA. The Blue Point project, developed by a joint venture between Mitsui
... Continue Reading.Ashurst Advised Allegro Funds And Questas Group On Sale To Five V Capital
Ashurst advised Allegro Funds and Questas Group on sale to Five V Capital Global law firm Ashurst has advised Allegro Funds (Allegro) and Questas Group (Questas) on the sale of 100% of the issued share capital in Questas to private equity and venture capital firm Five V Capital. Allegro, one of Australia’s most-awarded private equity
... Continue Reading.Recalibrating Compliance: Legal Implications Of SEBI’s Revised Listing Regulations For HVDLEs
Recalibrating Compliance: Legal Implications Of SEBI’s Revised Listing Regulations For HVDLEs The Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) provide for the various compliance actions and reporting requirements for entities who have listed equity shares or other specified securities and/or non-convertible securities on the stock exchange. The
... Continue Reading.Asafo & Co. Advised Akdital On Acquisitions Of Polyclinique Laâyoune And Al Hikma Medical
Asafo & Co. advised Akdital on acquisitions of Polyclinique Laâyoune and Al Hikma Medical Asafo & Co. has advised Akdital, a leading private healthcare group in Morocco, on its strategic acquisitions of Polyclinique Laâyoune and Al Hikma Medical, two multidisciplinary medical facilities located in the southern region of Morocco. Polyclinique Laâyoune, with 240 beds, offers
... Continue Reading.Simmons & Simmons Hires Umera Ali As Partner To Lead Middle East Banking Practice Across KSA And UAE
Simmons & Simmons Hires Umera Ali As Partner To Lead Middle East Banking Practice Across KSA And UAE International law firm Simmons & Simmons has appointed Umera Ali as a partner, enhancing its banking capabilities across the Middle East, particularly in Saudi Arabia (KSA) and the United Arab Emirates (UAE). With over 20 years of
... Continue Reading.Police Uniform Not A Licence To Assault Innocent Citizens: Allahabad HC
It is a no-brainer that whenever any Judge of any court whether he/she is of Judicial Magistrate Court or Sessions Court or High Court or to top it all the Supreme Court summons the guts, gall and gumption to take potshots at
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