Delhi High Court Holds Invalid Reference to Swiss Authorities Cannot Extend Time for Assessment: “A Request Made by the Revenue to Swiss Authorities for Information Under Article 26 of the Indo-Swiss DTAA Concerning Periods Prior to 1st April 2011 Was ‘Invalid’ and Thus Could Not Be Relied Upon to Extend the Period of Limitation”
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Delhi High Court Holds Invalid Reference to Swiss Authorities Cannot Extend Time for Assessment: “A Request Made by the Revenue to Swiss Authorities for Information Under Article 26 of the Indo-Swiss DTAA Concerning Periods Prior to 1st April 2011 Was ‘Invalid’ and Thus Could Not Be Relied Upon to Extend the Period of Limitation”

Court’s Decision The Delhi High Court dismissed a batch of 29 income tax appeals filed by the Revenue under Section 260A of the Income Tax Act, 1961. The Court upheld…
Supreme Court Rules Article 20 of Concession Agreements Between Municipal Corporations in Delhi and Private Contractors Is Not a Valid Arbitration Agreement Under the Arbitration and Conciliation Act, 1996: “Article 20 Lacks the Necessary Judicial Characteristics to Be Considered Arbitration”
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Supreme Court Rules Article 20 of Concession Agreements Between Municipal Corporations in Delhi and Private Contractors Is Not a Valid Arbitration Agreement Under the Arbitration and Conciliation Act, 1996: “Article 20 Lacks the Necessary Judicial Characteristics to Be Considered Arbitration”

Court’s Decision The Supreme Court held that Article 20 of the Concession Agreements executed between Municipal Corporations in Delhi and private contractors does not constitute a valid arbitration agreement under…
Supreme Court Allows Vijaya Bank's Appeal, Upholds Validity of Minimum Service Clause for Employee Retention Requiring ₹2 Lakh Liquidated Damages for Early Resignation, Set Aside High Court’s Judgment: “Clause Does Not Restrain Future Employment, Nor Is It Opposed to Public Policy”
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Supreme Court Allows Vijaya Bank’s Appeal, Upholds Validity of Minimum Service Clause for Employee Retention Requiring ₹2 Lakh Liquidated Damages for Early Resignation, Set Aside High Court’s Judgment: “Clause Does Not Restrain Future Employment, Nor Is It Opposed to Public Policy”

Court’s Decision The Supreme Court allowed the appeal filed by Vijaya Bank and set aside the High Court judgment which had quashed Clause 11(k) of the appointment letter requiring an…