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Canada arrests three persons in alleged killing of Sikh separatistCus - When there is nothing on record to show that appellant had connived with other three persons to import AA batteries under the guise of declaring goods as Calcium Carbonate, penalty imposed on appellant are set aside: HCCongress fields Rahul Gandhi from Rae Bareli and Kishori Lal Sharma from AmethiCus - The penalty imposed on assessee was set aside by Tribunal against which revenue is in appeal is far below the threshold limit fixed under Notification issued by CBDT, thus on the ground of monetary policy, revenue cannot proceed with this appeal: HCGST -Since both the SCNs and orders pertain to same tax period raising identical demand by two different officers of same jurisdiction, proceedings on SCNs are clubbed and shall be re-adjudicated by one proper officer: HCFormer Jharkhand HC Chief Justice, Justice Sanjaya Kumar Mishra appointed as President of GST TribunalSale of building constructed on leasehold land - GST implicationI-T - If assessee is not charging VAT paid on purchase of goods & services to its P&L account i.e., not claiming it as expenditure, there is no requirement to treat refund of such VAT as income: ITATBengal Governor restricts entry of State FM and local police into Raj BhawanI-T - Interest received u/s 28 of Land Acquisition Act 1894 awarded by Court is capital receipt being integral part of enhanced compensation and is exempt u/s 10(37): ITATCops flatten camps of protesting students at Columbia UnivI-T - No additions are permitted on account of bogus purchases, if evidence submitted on purchase going into export and further details provided of sellers remaining uncontroverted: ITATTurkey stops all trades with Israel over GazaI-T- Provisions of Section 56(2)(vii)(a) cannot be invoked, where a necessary condition of the money received without consideration by assessee, has not been fulfilled: ITATGirl students advised by Pak college to keep away from political eventsI-T- As per settled position in law, cooperative housing society can claim deduction u/s 80P, if interest is earned on deposit of own funds in nationalised banks: ITATApple reports lower revenue despite good start of the yearI-T- Since difference in valuation is minor, considering specific exclusion provision benefit is granted to assessee : ITATHome-grown tech of thermal camera transferred to IndustryI-T - Presumption u/s 292C would apply only to person proceeded u/s 153A and not for assessee u/s 153C: ITATECI asks parties to cease registering voters for beneficiary-oriented schemes under guise of surveys
 
Govt sets up Think-Tank to draft New IPR Policy; Justice Prabha Sridevan appointed as Chairperson

By TIOL News Service

NEW DELHI, OCT 25, 2014: DEPARTMENT of Industrial Policy and Promotion has constituted a IPR Think Tank to draft the National Intellectual Property Rights Policy and to advice the Department of Industrial Policy and Promotion on IPR issues.

2. The composition of the IPR Think Tank will be as follows:-

i. Justice (Retd) Prabha Sridevan, Chairperson, IPR Think Tank;

ii. Ms. Pratibha M Singh, Sr. Advocate, Singh & Singh Law Firm, Member;

iii. Ms. Punita Bhargava, Advocate, Inventure IP, Member;

iv. Dr. Unnat Pandit, Cadila Pharmaceuticals Limited, Member;

v. Shri Rajeev Srinivasan, Director, Asian School of Business, Thiruvananthapuram, Member; and

vi. Shri Narendra K. Sabarwal, Retired DDG, WIPO, Member and Convener.

3. The terms of reference of the IPR Think Tank will be as follows;-

i. To draft National Intellectual Property Rights Policy.

ii. To identify areas in the IPRs where study needs to be conducted and to furnish recommendations in this regard to the Ministry.

iii. To provide views on the possible implications of demands placed by the negotiating partners.

iv. To keep the Government regularly informed about the developments taking place in IPR cases which have an impact upon India's IPR Policy.

v. To advise the Government on best practices to be followed in Trademark Offices, Patent Offices and other Government Offices dealing with IPR in order to create an efficient and transparent system of functioning in the said offices.

vi. To prepare periodic reports on best practice followed in foreign countries.

vii. To highlight anomalies in the present IPR legislations and to advice possible solutions to the Ministry.

viii. To give suggestions on the steps that may be taken for improving infrastructure in IP offices and Tribunals.

ix. To examine the current issues raised by industry associations and those that may have appeared in media and to give suggestions to the Ministry on such issues.


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