SC: Unmarried major daughter can’t enforce right u/s 20(3) Hindu Adoptions & Maintenance Act in a proceeding u/s 125 CrPC

The Hon’ble Supreme Court, on 15th September 2020, in the matter of Abhilasha v. Parkash & Ors. held that an unmarried Hindu daughter can claim maintenance from her father till she is married relying on Section 20(3) of the Hindu Adoptions and Maintenance Act, 1956. However, maintenance u/s 125 Cr.P.C cannot be granted to unmarried daughter after she has become […]

SC: U/s 37(1), Income Tax Act source of funds from which expenditure is made is not relevant

The Hon’ble Supreme Court, on 11th September 2020, in the matter of National Co-operative Development Corporation v. Commissioner of Income Tax, Delhi-Vpronounced that the expenditure incurred in the course of business and for the ‘purpose of business’, would naturally be an allowable deduction under Section 37(1) of the Income Tax Act. The source of funds […]