BC INDIA
Saved by @CodyyyGardner

Delhi High Court is hearing a petition by Sr. Adv. Abhishek Manu Singhvi against the Central Board of Direct Taxes - filed in response to a penalty on Singhvi of about Rs. 57 crores, imposed for undisclosed income of almost Rs. 91 crores.

 Singhvi is making submissions on merits of the case.
Delhi High Court has asked Solicitor General Tushar Mehta to consider not taking any precipitative action against Singhvi.
Singhvi: Government has taken a lot of action to reduce tax related litigation. Singhvi refers to a scheme meant to reduce direct tax litigation taken out by the government.
Singhvi: I'm jumping out of sequence to refer to a CBDT Circular which repeats the same objects which were laid down in the Direct Tax Vivad Se Vishwas Act.
Singhvi: "Specified date" in the Act means Jan 1, 2020, which means they were adding some element of retroactivity as well in the legislation (up to 3 months).
Singhvi: The amazing part is that this Act requires entry only on 2 conditions: one, that there should be a pendency of writ, SLP or appeal, two, that it should be pending on a certain date. There is no other affirmative condition!
Singhvi: The provisions of this Act shall not apply in respect of tax arrears for a search case (search cases only above Rs. 5 crores).

Del HC: Does it include pendency before ITSC?
Singhvi: No, it doesn't include matters pending before ITSC.
Singhvi: One case I'm arguing is of search, within the Rs. 5 crore limit. The other case is of ITSC.
Singhvi: There is no model of the Act saying this nature of proceeding is included and this is not included.
Del HC: What is the amount being discussed here? Is it the amount before the ITSC or the one mentioned in this writ?
Singhvi: It is the amount in this writ. It does not exceed Rs. 5 crores.
Sr. Adv. Arvind Datar: The question is that when an Act has excluded certain things from its scheme, can a Circular subsequently add those things?
Court directs for the matter to be heard on Jan 12.

Solicitor General Tushar Mehta: I request for the matter to be held on Jan 13, as it doesn't concern a petition or petitioner, but would apply to the entire country.
Singhvi: My friend is trying to show that there would be an avalanche of matters but that is more imaginary than real.
Court: That is besides the point here for now.
SG Mehta: I'm not showing a red flag here, just telling that I'm not arguing against a particular petitioner here.

Singhvi: I am in agreement that whatever is decided would be the law.
The court has posted the matter for further hearing on Jan 12.

More from Live Law

Live Law
Live Law
@LiveLawIndia
Supreme Court Bench headed by CJI SA Bobde will shortly consider today a batch of PILs seeking removal of farmers protesting at Delhi borders against farm laws.

#FarmersProtests #SupremeCourt #FarmLaws2020


Solicitor-General Tushar Mehta submits that he has received a message from Sr. Adv. Harish Salve to be unmuted.

#FarmersProtests #SupremeCourt #FarmLaws2020

CJI: Why are you commenting on the Courtmaster ? We are asking is Mr. Salve appearing in the matter.

SG: I just received a message.

CJI: We don’t have any information of him appearing.

#FarmersProtests #SupremeCourt #FarmLaws2020

Adv. Dushyant Tiwari begins submissions: You have already passed a judgement in the Amit Sahni case (Shaheen Bagh judgement). Please look at Para 19.

#FarmersProtests #SupremeCourt #FarmLaws2020

SG once again requests the Court to unmute Salve.

Courtmaster informs CJI that no AOR has informed of Salve’s appearance.

#FarmersProtests #SupremeCourt #FarmLaws2020
COURT
Live Law
Live Law
@LiveLawIndia
On a petition against the withdrawal ceiling of Rs. 5 lakh from deposits in the PMC Bank, @RBI submits yet again that the ceiling has already been raised from Rs. 1 lakh to Rs. 5 lakhs but allowing further withdrawals will result in "a run on the Bank."

The petitioner cites various instances of depositors in desperate need of funds suffering due to the withdrawal ceiling.

Chief Justice DN Patel had shown an inclination towards adjourning the matter, however, the petitioner is emphasizing his case through various factual instances.

CJ: If you raise these grounds, then everybody is in need of money. Nobody is saying that you don't have the need for the money. But please understand what the counsel for @RBI is saying, that if this is allowed, then many people may not get any money.

CJ: Somebody may have put their retirement money, someone may have put some other funds, but you are a counsel, and not a petitioner, kindly understand what the @RBI is pleading.
INDIA
Advertisement
Live Law
Live Law
@LiveLawIndia
TODAY AT 4.40 PM

Senior Adv Fali S Nariman's Lecture

On

"Becoming An

Event begins.
#Lecture #SeniorAdvocateFaliSNariman

Sr. Adv Nariman: My wife and I both love Kerala. For me speaking to students in Kerala is always a great pleasure.

Sr. Adv Nariman: Once you become an advocate, you become a student of law for life. Becoming an advocate is both a responsibility and a badge of honour.
#SrAdvFaliSNariman

Sr.Adv Nariman: The law in India will always remain English in origin. You must know English well. It is not an effort to make you anglicised but to make you established.
LEGALGYAN
Live Law
Live Law
@LiveLawIndia
Supreme Court to hear shortly a petition filed by UPSC aspirants seeking extra chance for those candidates who had given their last attempt in October 2020.

#UPSC2020 #UPSCExams


The petitioners rely on the September 30 order of the Supreme Court which directed the Centre and UPSC to consider granting an extra chance to last attempt candidates with corresponding rise in upper age limit.

#UPSC #civilservices

Report of order

A bench comprising Justices AM Khanwilkar, BR Gavai and Krishnan Murari will take up the petition seeking extra attempt for last chance USPC aspirants in a short while.

#UPSC #civilservices #upsc2020 #upscprelims2020 #SupremeCourt

The bench has taken up the petition of UPSC aspirants for extra attempt.

#UPSC #civilservices #upsc2020 #upscprelims2020 #SupremeCourt

Issue regarding grant of extra chance for last attempt UPSC candidates is under consideration of the Central Government, Solicitor General tells the bench.

#UPSC #civilservices #upsc2020 #upscprelims2020 #SupremeCourt
COURT
Live Law
Live Law
@LiveLawIndia
A Bombay High Court Bench of Justices SS Shinde and Manish Pitale will shortly hear a petition filed by Poet Dr. Varavara Rao’s wife seeking his release on medical grounds


Sr adv Anand Grover submits that except for the first medical record of Varavara Rao's JJ Hospital admission, the State has submitted all other medical records

J Shinde - Bail has been applied on medical ground.

Asg - his present condition has to be seen.

J Shinde - If they want to argue after bringing all the medical records they should be allowed to do so.

ASG- The latest report doesnt show dementia

J Manish Pitale- Can dementia go backward in time Mr. Singh? Can a patient become devoid of dementia?
INDIA

More from India

Akshay Alladi
Akshay Alladi
@akshayalladi
@sriram_ET Agree. One point on Bihar though- at least the APMC monopoly repeal had already happened in Bihar well before this law passed at the Union level. So it wouldn’t be an issue anyway. But I totally agree with the broader point- this is a protest concentrated only in one state.
INDIA
\U0001f1ee\U0001f1f3 Angshuman Bose (Chai Jivi) \u2615\ufe0f
🇮🇳 Angshuman Bose (Cha...
@angshguds
Why @BJP4Bengal Will Win #WestBengalElection2021
A Thread
This road is maintained by PWD, Government of West Bengal” is an omnipresent signboard that greets travellers in almost every nook and corner of the state.The region may change from Cooch Behar & Darjeeling in North Bengal

To Jhargram in Junglemahal and Kultali in Sunderban, but the signboard remains the same. After having travelled for almost 13,000 km in the state from October 2020 to Decem maber ority of the places the roads, especially in the interiors, are in bad shape.

This state of affairs is unfortunately true for the incumbent party too. It’s everywhere in the state, but mostly in pretty bad shape. Barring rare exceptions, the people’s impression of the local Trinamool leadership

everywhere falls in the same template. corrupt, rowdy and arrogant. On top of that, the fear of retribution by the incumbents is so strong that the line between the people’s dislike and their hate against the ruling party often gets blurred.

Severl respondents across the state narrated the way dissidents, opponents and anyone daring to question the prevailing corruption and upmanship on the ground are hounded systematically, which includes measures like physical attacks, filing of false cases and depriving them of
INDIA
Advertisement
Kansara
Kansara
@kansaratva
"Who likes to fire crackers during Diwali?" asked the teacher.

About half of the nine-ten year olds in the classroom raised their hands.

"You should be ashamed," chided the teacher. "Crackers are harmful to our environment!"

The ones who did not raise their hands felt proud.
INDIA
Dr Kiran Kumar Karlapu
Dr Kiran Kumar Karlapu
@scarysouthpaw
Ever heard of Gollala Mamidada village in Andhra?
Affectionately called "Konaseema Ayodhya", this town has a famous Lord Rama temple. Set in the midst of lush greenery, the towering double Gopurams are a sight for the ages.

A thread.


The delta area of the Godavari river is called the Konaseema. This island is created as the Godavari splits into its distributaries the Vruddha Godavari, Vasishta Godavari, Gautami and Nilarevu, just below the city of Rajahmundry. Gollala Mamidada is located here


Located around 45 km from Rajamundry (and 20 kms from Kakinada), this little village is famous for the Sri Kodanda Rama Swami Temple. Kodandam is the bow of Lord Rama, and he is worshipped in AP/TG mostly as Kodanda Rama.


This isnt an ancient temple like the others around here, but relatively new.
The construction started in 1889 by two local brothers Dwarampudi Subbi Reddy and Rami Reddy donated land and built a small shrine to Lord Rama. A larger temple was constructed in 1939


The most stunning feature of this temple are the towering double Gopurams. Rising vertically to the heavens, they lord over the neighbouring hinterland, and are said to be visible for over ten kilometres.
INDIA
Soumyadipta
Soumyadipta
@Soumyadipta
Many have accused the Narendra Modi government of not doing enough to change the biased historical narratives set in motion during the 54 years of Congress rule.
The #ChauriChaura centenary celebrations is one such initiative to set right, a historical wrong.

Thread begins.


What is the Chauri Chaura incident?
On February 4, 1922 at Chauri Chaura in Gorakhpur, Uttar Pradesh, a procession was taken out in support of Gandhi's Non-Cooperation Movement.
The police, on orders from the British government, fired on the peaceful march, triggering an outrage.

First a little background to the incident and why the face-off happened with the British administered police.
The protest was called against the atrocities that was unleashed on the locals when the Non Cooperation movement started in Gorakhpur. Several leaders were arrested.

A group of 2,000 people gathered to protest as part of Gandhi's call for Non Cooperation with the British. The crowd swelled soon.
The police were ordered to fire in the air to disperse the crowd. This further agitated them.
Then the police fired at the protestors, injuring many.
INDIA

You May Also Like

Reshu Nath
Reshu Nath
@ReshuNath
'Tera mera rishta kya, hindu, hindu,hindutva' is a clear take on 'tera mera rishta kya,la ilaha illallah'. As much as Hindutva hates the monotheistic religions especially Islam, there's a strange wistfulness and subliminal need at display now, to BE that they hate. 1


Charlie Hebdo doesn’t come up as a cautionary tale now but rather 'why cant we be like that'?
Growing up, Hanuman was an adorable deity for us, who swallowed the sun, or who couldn’t figure out what was Sanjeevani booti so he picked up a whole mountain and came back with it. 2

Or he was loyal, admirable and when he cleaved his chest, you saw both Ram and Sita. Now we have a lot of “Angry Hanuman” stickers. Why is a cute childlike God angry? We don’t know. It's a convenient blank space where to paint all the angst of Hindu Khatre mein hain narrative. 3


The other strange thing that has started happening is pictures of Ram appearing sans Sita. “Jai Siya Ram” has become “Jai Shri Ram”. Some people disingenuously explain it as being the same thing - because Shri is a name of Lakshmi. Not really. Siya is an apbhransh of Sita. 4


Shri is a prefix of respect in this case. Hinduism is being militarised. A woman/Sita has no place in it. Even the militaristic Goddess that is Durga has no place in this conception of neo-Hindu divinity, as evidenced by Dilip Mandal wondering where Durga came from. 5
RELIGION
Pran Katariya
Pran Katariya
@KatariyaPran
The Straddle is my favorite trade these days. But more often than not, one needs to adjust to make a good return from it. There are many ways to do this depending on your view, psychology and imagination. Will discuss a few that I use

The Straddle is a delta neutral strategy and it is important to keep deltas in check during the course of the Trade and not let them run away from you. Of course Volatility is the elephant in the room- but not going there as that will require a separate discussion

The first and most common method is to go 'inverted.' That is to say to shift the untested side to generate additional Premium and increase the runway to Breakeven. So if you start with a Straddle at 700 and price goes to 740, you can move the PE up to say 720.

How much should you move the untested side? While again this is a matter of skill, experience and artistry, the rule of thumb is to cut deltas by half. Remember, prices will move and you have to allow sufficient room for them to fluctuate

The second method is to shift the entire Straddle in the direction of the move. So if you have a 700 Straddle and Price goes to 740, you can shift the Straddle to 720. If you time this right, it can generally be done at virtually no cost or minimal cost.
ALL , OPTION SELLING , STRADDLE OPTION SELLING
Advertisement
The Astro Sapien\u2728
The Astro Sapien✨
@TheAstroSapienn
Here is my Thread on 'Ketu (South Node) Through Nakshatras' The 27 Constellations 🙏❣.

Do check your “Past life Mastery” which KETU Represents🤞🏻.


1. Ketu in Ashwini Nakshatra:

Here native is Great at Financial Planning, Face reading, understanding other’s mind and intention, Driving Fast they don’t like but they are wayyy smooth over driving Fast. This is also great position which can make native Great Surgeon,

Neurologist, Psychologist.
These natives are Selfless and Sacrifice self for others. They gets Fame and Success but they just don’t care.

2. Ketu in Bharani Nakshatra:

They are good at Flirting, Attracting opposite sex, studing ancient subjects. They are also Great at Creativity and Artistic activities. The are lazy but they are really open minded who handles situations really well.

In Past life they have handles many things which is now helping them to make things easier in this life. They are great Leaders too.

They are really good at Hard work and Smart work both. And yes just as Ashwini they don’t much care about Fame and Success!
ALL
WORLD OF SANATAN DHARMA
WORLD OF SANATAN DHARM...
@world_sanatan
WHY BABUR NEVER TRIED TO ATTACK SRI KRISHNADEVARAYA ?

A🧵u must read

It is very well known that Babur considered Krishna Dev Raya as the strongest ruler of the entire subcontinent, and Vijayanagar empire the strongest during that time in India.

1/10


The Vijayanagar empire reached its peak during 1509-1529 around the reign of Krishna Dev Raya.

Vijayanagar’s famed elephant brigade 👇

2/10


At his command there were over 50000 elite troops with a regiment of Portuguese gunners and 3200 cavalry with 600 elephants.

3/10

Along with that more than four hundred thousand ( four lakh) peasant levies and irregular military made this empire one of the largest in all of South Asia.

A typical Vijayanagar levie soldier 👇

4/10


During Baburs invasion, Krishna Dev Raya ruled supreme in all of deccan.

In fact, in an all our brawl, Krisha Dev Raya will beat Babur fair and square.

Babur could muster at max 50000 troops with 50 canons.

While Krishna Dev Raya had these numbers in Hampi alone

5/10
ALL
SK
SK
@sk_diary1
#sculpture #story -

Chandesha-Anugraha Murti - One of the Sculpture in Brihadeshwara Temple at Gangaikonda Cholapuram - built by Raja Rajendra Chola I

This Sculpture depicts Bhagwan Shiva along with Devi Paravathi blessing Chandeshwara - one of the 63 Nayanmars.

#Thread


Chandeshwara/Chandikeshwara is regarded as custodian of Shiva Temple's wealth&most of Shiva temples in South India has separate sannathi for him.

His bhakti for Bhagwan Shiva elevated him as one of foremost among Nayanmars.
He gave importance to Shiva Pooja&protection of cows.


There are series of paintings, illustrating the #story of Chandikeshwar in the premises of
Sri Sathiyagireeswarar #Temple at Seinganur,near Kumbakonam,TN

Chandikeshwara's birth name
is Vichara sarman.He was born in the village of Senganur on the banks of River Manni.


His Parent names were Yajnathatan and Pavithrai.
Vichara Sarman was a gifted child and he learnt Vedas and Agamas at a very young age.
He was very devout and would always think about Bhagwan Shiva.

One day he saw a cowherd man brutally assaulting a cow,Vichara Sarman could not tolerate this. He spoke to cowherd: ‘Do you not know that the cow is worshipful & divine? All gods & Devas reside in https://t.co/ElLcI5ppsK it is our duty to protect cows &we should not to harm them.
ALL