A Pune court has directed the Maharashtra Police’s Anti-Corruption Bureau to investigate allegations of bribery against Cognizant Technologies. The accusations claim that the IT company paid bribes to expedite official permissions for its projects in India. This case demonstrates the challenges of ethical corporate operations and the vigilance of judicial and regulatory bodies.
The Delhi High Court dismissed the Income Tax department’s claim that fees from LexisNexis were taxable as “royalties.” It emphasized that subscribing to a legal database does not transfer copyright. The Court ruled in favor of Relx Inc., stating that accessing the database does not constitute technical consultancy services, upholding the ITAT’s decision.
The Income Tax Appellate Tribunal (ITAT) has temporarily allowed the Indian National Congress to access its frozen bank accounts while subject to a lien imposed by the Income Tax Department. The decision follows the party’s disclosure of the account freeze, citing it as an attack on democracy. This milestone highlights the delicate balance between financial scrutiny and political freedom.