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Supreme Court Adjudicates Appeal on Excise Duty Exemption for Cotton Fabrics Produced by Cooperative Society. Interpretation of Exemption Notifications under Rule 8 of Central Excises and Salt Act, 1944 at Issue.

The appellant, a textile dealer in Bombay, entered into an agreement with a registered cooperative society for weaving cotton fabrics on powerlooms ow...

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Bombay High Court Upholds Deemed Dividend Tax Treatment of Advance to Shareholder Under Section 2(22)(e) Income-tax Act, 1961. Shareholder's Advance Used for Personal Income-tax Under Kar Vivad Samadhan Scheme Not Business Purpose Constitutes Deemed Dividend.

The dispute arose under Section 260A of the Income-tax Act, 1961 against an order of the Income-tax Appellate Tribunal, Pune Bench, dated 31 March 200...

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Madras High Court Hears Appeal by TANGEDCO in Electricity Connection Charges Dispute; Writ Court Order for Refund Under Challenge

The writ appeal arose from an order of a Single Judge allowing a writ petition filed by the private respondents, who had constructed 12 dwelling units...

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Karnataka High Court Dismisses State's Revision in Sales Tax Case — Transfer of Know-How Not a Sale. Brand Owner Exempt from Tax as No Manufacturing Activity Undertaken by Assessee Under Karnataka Sales Tax Act, 1957.

The State of Karnataka filed revision petitions under Section 23(1) of the Karnataka Sales Tax Act, 1957, challenging an order of the Karnataka Appell...

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Bombay High Court Partially Allows Claimants' Appeals for Enhanced Compensation in Land Acquisition Case. Court modifies Reference Court's award by applying belting method and development deductions under Land Acquisition Act, 1894 for lands acquired for Metro Centre, Panvel.

This common judgment by the Bombay High Court disposes of eight appeals arising from land acquisition proceedings for the Metro Centre project in Panv...

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Bombay High Court Quashes Collector's Order in Stamp Duty Dispute — Auction Sale Consideration Prevails Over Market Value. Stamp duty on sale certificate must be computed on actual auction sale consideration, not market value, under Maharashtra Stamp Act, 1958.

The petitioner, Shweta Aditya Malhotra, purchased a property through an auction sale conducted by the Collector of Stamps, Andheri Division, Mumbai, f...