"The chief minister and ordinary citizens are all equal before law when it comes to following the election code of conduct..In the audio clip, Fadnavis is purportedly heard exhorting BJP workers to win the Palghar Lok Sabha bypoll, slated for May 28, by using all means."If the chief minister is threatening people in such a manner, then it amounts to vitiating the election atmosphere," he said. The Sena twisted my audio clip and presented it before the people to misguide them."If somebody is challenging our existence in Palghar and has betrayed our trust, back-stabbed us, while calling itself our ally, then they should be taught a lesson. Give an answer by using saam, daam, dand, bhed (negotiation, money, punishment and division).Maharashtra Pradesh Congress Committee (MPCC) chief Ashok Chavan throttle cable for lawn mower Suppliers sought Fadnavis clarification on the audio clip.

We should not be sitting quiet now."If we want to win this election, then an answer has to be given in the same measure. We should also launch a big attack and show them what the BJP is," Fadnavis is purportedly heard telling BJP workers in the clip."The CM should issue a clarification about the clip.Read: Win by-election by all means, says Fadnavis on audio clip released by Shiv SenaHe also released a 14-minute audio clip, claiming that it was the complete version of the "twisted" clip that was released by Thackeray during a rally on Friday.Mumbai: In the run up to the Palghar Lok Sabha bypoll, Shiv Sena chief Uddhav Thackeray released an audio clip, purportedly of Maharashtra chief minister asking BJP workers to use all possible means to win the by-election, even as Devendra Fadnavis on Saturday termed it "twisted". We demand a probe into it and appropriate action by the Election Commission," Chavan said...Responding to the clip and the allegations, BJP spokesperson Madhav Bhandari said,"

The Sena is showing an incomplete and edited audio clip, because it is shaken foreseeing its imminent defeat."Do not tolerate anybodys bullying. If there is anything wrong that I have said, I am ready to face action," Fadnavis said. The Shiv Sena should make a written complaint to the EC instead of resorting to such tactics," Malik said.""We will complain to the Election Commission about the condemnable misuse of technology and also release the full clip," he said. On the contrary, bully them."If the clip is authentic, then the chief minister should immediately resign, but if it is fake, then Fadnavis should take action against Uddhav Thackeray," Chavan tweeted..Fadnavis said he was ready to face action if what he said in the clip was found to be inappropriate."The full audio clip is 14 minutes long.

Had they shown it, their claims would have fallen flat," he said.NCP spokesperson Nawab Malik demanded a probe by the EC and a complaint against the chief minister under section 506 of the Indian Penal Code (IPC).Speaking at a rally last evening, Sena chief Uddhav Thackeray had released the audio clip, in which Fadnavis was purportedly heard asking BJP workers to use "saam, daam, dand, bhed" (all possible means) to win the Palghar by-election."The Shiv Sena can see it is losing and has, thus, stooped to such levels.The BJP said it would complain to the Election Commission (EC) about the Senas alleged "misuse of technology"."Listen to the whole clip released by the Sena.The chief minister alleged that the Sena had edited the clip.

After releasing the audio on Friday, Thackeray had demanded that the EC act against Fadnavis. This line they never released. I will myself submit this audio clip to the Election Commission," Fadnavis said while addressing a poll rally in suburban Vasai."My last sentence in the clip was that we are in power, but we will never misuse it.Shiv Sena MP Sanjay Raut said the use of such language against an opponent did not befit a chief minister. I will stand behind you," the chief minister is heard saying in the clip.

This was opposed by the IT department by challenging it before the National Company Law Appellate Tribunal (NCLAT)."Mere fact that a Scheme may result in reduction of tax liability does not furnish a basis for challenging the validity of the same.However, the NCLAT dismissed it by saying that the NCLT has already dealt with the issue."…We are not inclined to interfere with the Scheme of Arrangement as approved by the Tribunal.Reliance Jio Infocomm submitted that it previously had separate units housing its optic fiber and tower infrastructure undertakings.

Also, mobile tower unit Reliance Jio Infratel Private Ltd(RJIPL) has allocated shares worth Rs 200 crore to RJIL, it added.The Ahmedabad-bench of National Company Law Tribunal (NCLT) had earlier this year granted permission to the composite scheme of arrangement, through which two companies were proposed to be demerged -- Jio Digital Fibre Pvt Ltd and Reliance Jio Infratel Pvt Ltd.Both trusts have been set up by RIIHL, a wholly-owned subsidiary of RIL as sponsor, and have been granted certificate of registration as Infrastructure Investment Trust by market watchdog Securities and Exchange Board of India (Sebi). Each of these units had distinct assets and liabilities and were involved in separate business.

The IT department has contended that by scheme of arrangement, the transferor company Reliance Jio Infocomm has sought to convert the redeemable preference shares into loans.The optical fibre cable infrastructure unit, Jio Digital Fibre Private Ltd (JDFPL) has allocated shares worth Rs 500 crore to Reliance Jio Infocomm Ltd (RJIL) on March 31, 2019, according to a regulatory filing.On April 2, Reliance Jio said that it has transferred control of its fibre and mobile tower units to two infrastructure investment trusts set up by Reliance Industrial Investments and Holdings Ltd (RIIHL).

New Delhi: The NCLAT has dismissed petitions filed by the Income Tax Department, which raised objection over the approval granted to Reliance Jio Infocomm scheme to hive off its fiber and tower business into two separate units. Both the appeals are dismissed," the appellate tribunal said.According to it, conversion of equity into debt is not only contrary to the well settled lawn mower throttle cable factory principles of the company law but also would reduce the profitability or the net total income of the transferor company, causing a huge loss of revenue to the Income Tax Department.

This was opposed by the IT department by challenging it before the National Company Law Appellate Tribunal (NCLAT)."Mere fact that a Scheme may result in reduction of tax liability does not furnish a basis for challenging the validity of the same.However, the NCLAT dismissed it by saying that the NCLT has already dealt with the issue."…We are not inclined to interfere with the Scheme of Arrangement as approved by the Tribunal.Reliance Jio Infocomm submitted that it previously had separate units housing its optic fiber and tower infrastructure undertakings.

Also, mobile tower unit Reliance Jio Infratel Private Ltd(RJIPL) has allocated shares worth Rs 200 crore to RJIL, it added.The Ahmedabad-bench of National Company Law Tribunal (NCLT) had earlier this year granted permission to the composite scheme of arrangement, through which two companies were proposed to be demerged -- Jio Digital Fibre Pvt Ltd and Reliance Jio Infratel Pvt Ltd.Both trusts have been set up by RIIHL, a wholly-owned subsidiary of RIL as sponsor, and have been granted certificate of registration as Infrastructure Investment Trust by market watchdog Securities and Exchange Board of India (Sebi). Each of these units had distinct assets and liabilities and were involved in separate business.

The IT department has contended that by scheme of arrangement, the transferor company Reliance Jio Infocomm has sought to convert the redeemable preference shares into loans.The optical fibre cable infrastructure unit, Jio Digital Fibre Private Ltd (JDFPL) has allocated shares worth Rs 500 crore to Reliance Jio Infocomm Ltd (RJIL) on March 31, 2019, according to a regulatory filing.On April 2, Reliance Jio said that it has transferred control of its fibre and mobile tower units to two infrastructure investment trusts set up by Reliance Industrial Investments and Holdings Ltd (RIIHL).

New Delhi: The NCLAT has dismissed petitions filed by the Income Tax Department, which raised objection over the approval granted to Reliance Jio Infocomm scheme to hive off its fiber and tower business into two separate units. Both the appeals are dismissed," the appellate tribunal said.According to it, conversion of equity into debt is not only contrary to the well settled lawn mower throttle cable factory principles of the company law but also would reduce the profitability or the net total income of the transferor company, causing a huge loss of revenue to the Income Tax Department.