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Supreme Court Clarifies Deduction of Broken Period Interest for Banks Treating Securities as Stock-in-TradeDeduction Allowed as Revenue Expenditure for Banks Holding Securities as Stock-in-Trade

The Supreme Court addressed the treatment of broken period interest for tax purposes. The issue centered on whether broken period interest could be de...

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Bombay High Court Allows Compassionate Appointment in Minority School Despite Lack of Prior Approval. Education Officer's order returning proposal set aside as minority institution's right under Article 30 not subject to prior approval for compassionate appointment.

The petitioner, Mahadev Rama Kaikadi, filed a writ petition challenging the order dated 17/09/2016 passed by Respondent No.2, the Education Officer, S...

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Bombay High Court Allows Release of Land from ULC Proceedings Due to Abatement Under Repeal Act — Land Held to Be Bhoomiswami, Not Nazul Lease, Entitling Petitioners to Restoration of Possession and Mutation.

The petitioners, Smt. Parvatibai wd/o Dashrath Behar and Narayan s/o Late Shri Dashrath Behar, filed a writ petition seeking release of land admeasuri...

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High Court of Karnataka Upholds Transfer Rules for Teachers in Challenge Under Articles 226 and 227. Rules 5 and 19(2) of the Karnataka State Civil Services (Regulation of Transfer of Teachers) Rules, 2017 held valid and intra vires the parent Act and the Right to Education Act, 2009.

The judgment concerns a batch of writ petitions filed under Articles 226 and 227 of the Constitution of India challenging the constitutional validity ...

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Bombay High Court Dismisses Petition Challenging Allotment of Surplus Land Under Urban Land Ceiling Act. Petitioners' claim for housing scheme under Section 20 rejected as they failed to comply with statutory requirements and the land was already allotted to a trust.

The petitioners, legal representatives of original landowners, filed a writ petition under Article 226 of the Constitution of India challenging an ord...

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Bombay High Court Allows Writ Petition Quashing Notice Under Section 17(2) of Maharashtra Agricultural Lands (Ceiling on Holdings) Act, 1961 for Violation of Natural Justice. Notice Issued Without Opportunity of Hearing to Land Holder Declared Surplus by SLDT.

The petitioner, Tukaram s/o Dajiba Harkal, a resident of Renakhali, Taluka Pathri, District Parbhani, was the original land holder in proceedings unde...

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Bombay High Court Dismisses Corporation's Challenge to Reinstatement of Employees in Industrial Dispute. Termination of Employees Without Compliance with Section 25F of Industrial Disputes Act, 1947 Held Illegal and Reinstatement with Back Wages Upheld.

This batch of writ petitions arises from a common dispute between the Maharashtra State Handloom Corporation (the Corporation) and its employees. The ...