By the provision of “Sec. 2(14) Capital Asset”, rural agriculture land was exempt from capital gain. For being rural agriculture land, land must be satisfied certain condition laid down in section 2(14).The Finance Minister amended this conditions through Finance Bill 2013-14. For, Simplicity we discuss effect of this amended in two part. A. Criteria for…

Telecom Regulatory Authority of India Direction Subject: Direction to M/s ___________ under Section 13 of the Telecom Regulatory Authority of India Act, 1997, for implementation of Digital Addressable Cable TV Systems (DAS). No. 16-2/2012-B&CS – Whereas the Telecom Regulatory Authority of India, [hereinafter referred to as the Authority] established under sub-section (1) of section 3…

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Ans. Schedule I to IV of the Environment (Protection) Act, 1986 prescribes the standard for emission or discharge of environmental pollutants from industries, operations or processes. Schedules I to IV are reproduced at the end of this Chapter. The Central or the State boards are empowered to specify and may specify even more stringent standards…

Ans. “Hazardous substance”means any substance or preparation, which by reason of its chemical or phisico-chemical properties or handling, is liable to cause harm to human being and other living creatures, plants, micro organism, property or the environment [Sec.2(e) of Environment (Protection) Act, 1986].

“Environmental Pollution”means the presence in the environment of any environmental pollutant. [Sec.2(c) of Environmental (Protection) Act, 1986].

Annexure I of the Code of Corporate Governance formulated by the Kumaramangalam Birla Committee provides for certain information regarding the level of environmental compliance to be placed before the Board of directors. This includes all fatal and serious accidents, dangerous occurrences and any material effluent or pollution problem. Similarly, any issue, which involves possible public…

In 1980, the government had appointed a committee called the Tiwari Committee[1] to review the various environmental legislations and their effectiveness. The Committee found that the litigation process is extremely slow. As it is the courts in India are over burdened with pending cases. Many years pass between prosecution and decision allowing for unabated pollution…

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