The Delhi High Court has held that investment in shares by a company in its Indian subsidiary is a “capital account transaction” which does not give rise to any income. Therefore, the same cannot be.
The plea has been filed against an order concerning forcible conversion passed by the Gujarat High Court. It rejected quashing of a First Information Report (FIR) registered under Sections 3 & 4 of the Gujarat Freedom of Religion Act, 2003 (the Act)
India News: The Supreme Court on Friday agreed to examine the impact of anti-conversion laws, enacted by various states, on the children of interfaith couples wh