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High Court of Karnataka Dismisses Appeal Against Arbitral Award in Construction Dispute — Upholds Commercial Court's Refusal to Set Aside Award. NCBS's challenge under Section 34 of Arbitration and Conciliation Act, 1996 fails as no grounds under Section 34(2) established.

The National Centre for Biological Sciences (NCBS) filed an appeal under Section 37(1)(c) of the Arbitration and Conciliation Act, 1996 (A&C Act) agai...

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High Court of Gujarat Partly Allows Appeal in Motor Accident Claim Case — Enhances Compensation for Death of Pushpaben Shantilal Suthar. Tribunal's award of Rs.2,60,000 enhanced to Rs.4,20,000 with interest at 7.5% per annum, applying multiplier of 13 and adding 40% future prospects.

The case arises from a motor accident that occurred on 26.10.1998, when deceased Pushpaben Shantilal Suthar was traveling in a jeep bearing registrati...

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High Court of Gujarat Allows Appeal in Motor Accident Claim — Compensation Enhanced Based on Income Tax Returns. Deceased's Income Determined at Rs. 1,20,000/- per annum from IT Returns, Not Notional Income, Under Section 173 of Motor Vehicles Act, 1988.

The appellants, original claimants, filed an appeal under Section 173 of the Motor Vehicles Act, 1988, aggrieved by the judgment and award dated 22.12...

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High Court of Karnataka Allows Writ Petition for Condonation of Delay in Investment Under Section 54EC of Income Tax Act, 1961 — CBDT's Rejection Set Aside. The CBDT's power under Section 119(2)(b) is not circumscribed by any time limit and must be exercised liberally to avoid hardship.

The petitioner, Dr. Sujatha Ramesh, sold an immovable property during the Assessment Year 2013-14 and realized long-term capital gains. To claim exemp...

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Bombay High Court Dismisses Petitions Challenging Local Body Tax Classification. Classification of dealers based on turnover for LBT exemption is valid under Article 14 as it has a rational nexus with the object of the Maharashtra Municipal Corporation Act, 1949.

The petitioners, M/s. Nagpur Distillers Private Limited and M/s. Vidarbha Distillers, are dealers within the meaning of Section 2(16A) of the Maharash...