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High Court of Bombay Hears Writ Petition in Minimum Wages Act Dispute Over Reimbursement of Labour Costs. Contractor Seeks Revision of Contract Rates After Notification Increased Minimum Wages for Sweeping and Cleaning Employment.

Background: The petitioner, A2Z Infraservices Limited, a company engaged in providing mechanized cleaning and housekeeping services, entered into thre...

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Supreme Court Allows Cost Escalation by Development Authority in Consumer Dispute — Clause 7 of Allotment Letter Permitted Price Revision. The Court held that the allotment was not a fixed price contract and the authority acted fairly by granting interest on deposits.

The appeal arose from a judgment of the National Consumer Disputes Redressal Commission (NCDRC) dated 8 November 2017, which had directed the Visakhap...

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Madras High Court Modifies Onerous Cost Condition for Setting Aside Exparte Order in Execution Proceedings — Cost Reduced from Rs.2,00,000 to Rs.25,000. Courts must not impose excessive costs without special circumstances, especially when decree holder has no objection.

The petitioners, Baskaran and Thamaraiselvi, filed a Civil Revision Petition under Section 115 of the Code of Civil Procedure, 1908, challenging a doc...

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Supreme Court Dismisses HUDA's Appeal in Plot Allotment Additional Price Demand Case. Demand for Additional Price Not Permissible Under Allotment Conditions as There Was No Enhancement in Land Cost by Competent Authority Under Land Acquisition Act.

The case involves a dispute between Haryana Urban Development Authority (HUDA) and an allottee, Jagdeep Singh, regarding the demand of additional pric...

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Bombay High Court Considers Challenge to Revision Order in FCCB Capital Gains Case; Cost of Acquisition Dispute Between FCCB Scheme and Section 49(2A) of Income-tax Act Examined. Revenue Relied on Section 49(2A) While Petitioner Invoked Clause 7(4) of the 1993 Scheme.

The writ petition under Article 226 was filed before the Bombay High Court challenging an order dated 29 March 2018 passed by the Commissioner of Inco...

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Karnataka High Court Dismisses Revision Petitions in VAT Case — Land Cost Deduction at 40% Upheld. Assessee failed to prove actual land cost exceeding 40% of sale consideration under KVAT Act, 2003.

The petitioner, M/s. Nandi Constructions, a builder and civil works contractor engaged in construction and sale of apartments, filed revision petition...

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Bombay High Court Quashes Circulars Including Dealer's PDI and Free After-Sales Service Costs in Assessable Value of Vehicles — Circulars Held Ultra Vires Section 4 of Central Excise Act, 1944.

The petitioner, M/s. Tata Motors Ltd., a manufacturer of vehicles, challenged clause 7 of Circular No. 643/34/2002CX dated 1st July, 2002 and Circular...

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Supreme Court Allows Revenue's Appeal in Income Tax Case on Bonus Shares - Averaging Original Cost Over All Shares. When Bonus Shares Rank Pari Passu, the Correct Method to Compute Profit or Loss is to Spread the Cost of Original Shares Over Both Original and Bonus Shares.

This case involved the method of computing profit or loss on the sale of bonus shares in the hands of a dealer in shares. The respondent, Gold Mohore ...