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Supreme Court Upholds Validity of Section 17(2)(viii) of Income Tax Act and Rule 3(7)(i) of Income Tax Rules in Bank Employee Loan Perquisite Case. Delegation of Power to Prescribe Fringe Benefits Held Not Excessive and Use of SBI Prime Lending Rate as Benchmark Upheld as Non-Arbitrary.

The Supreme Court, in a common judgment, dismissed appeals filed by staff unions and officers' associations of various banks challenging the constitut...

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Supreme Court Allows Appeal by Housing Board Against Quashing of Layout Plan Modification. Statutory Modification of Layout Plan Not Subject to Promissory Estoppel When Procedure Followed Under Madhya Pradesh Nagar Tatha Gram Nivesh Adhiniyam, 1973.

The case involves an appeal by the Madhya Pradesh Housing and Infrastructure Development Board against a High Court judgment that quashed the modifica...

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Bombay High Court Dismisses Petition Challenging Senior Citizens Tribunal Order Directing Eviction and Maintenance. The son's right of residence in mother's property is not absolute under the Maintenance and Welfare of Parents and Senior Citizens Act, 2007.

The Bombay High Court dismissed a writ petition filed by Pawan Ravindra Panchal and his wife Vaishali Pawan Panchal challenging an order of the Tribun...

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Bombay High Court Dismisses Writ Petition Challenging Injunction Order in Suit for Right of Way. Court upholds trial court's finding of prima facie case and balance of convenience in favor of plaintiffs regarding use of 9-meter road.

The petitioners, original defendant Nos.1, 5, and 6, filed a writ petition challenging the order of temporary injunction granted by the trial court an...

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Bombay High Court Allows Second Appeal in Property Suit — Concurrent Findings Set Aside Due to Non-Application of Mind by Lower Appellate Court. Failure to Frame Points for Determination Under Order 41 Rule 31 CPC Warrants Remand for Fresh Disposal.

The present second appeal arises from a suit for declaration and injunction filed by the original plaintiff (respondent herein) against the original d...