Search Results for "Finance Act 1956"

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Bombay High Court Dismisses Arbitration Petition Challenging Award Rejecting Claim for Balance Payment Under Cable Laying Contract. Court Upholds Arbitrator's Findings on Deductions and Lack of Evidence, Holding No Interference Under Section 34 of Arbitration and Conciliation Act, 1996.

The petitioner, M/s. Reunion Engineering Co. Pvt. Ltd., was awarded a contract on 23 January 2002 by the respondent, M/s. Petronet MHB Ltd., to lay ca...

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Bombay High Court Dismisses BCCI's Challenge to Arbitral Award in Media Rights Dispute. Court upholds arbitrator's finding that termination of Media Rights License Agreement was illegal and that Nimbus Communications was entitled to damages.

The petitioner, Board of Control for Cricket in India (BCCI), filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996, challen...

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High Court of Karnataka Dismisses Refund Claim of CENVAT Credit as Time-Barred Under Section 27 of Customs Act, 1962 — Limitation Period Starts from Date of Payment of Duty, Not from Date of Final Assessment.

The petitioner, M/s. Supertron Electronics Private Limited, filed writ petitions under Articles 226 and 227 of the Constitution of India seeking to qu...

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Bombay High Court Dismisses Appeal Against Rejection of Section 34 Petition in Arbitration Matter — Upholds Arbitral Award for Unpaid Invoices. Findings of Fact by Arbitrator on Delivery of Goods Are Final and Not Open to Reappreciation Under Section 34 of the Arbitration and Conciliation Act, 1996.

The appellant, Royal Palms (India) Private Limited, was a company engaged in a development project at Marol Maroshi, Borivali, Mumbai. The respondent,...

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Bombay High Court Allows Rebate of Education Cess on Exported Goods in Central Excise Matter — Education Cess Held to Be Part of Excise Duty for Rebate Purposes Under Rule 18 of Central Excise Rules, 2002 and Section 37B of Central Excise Act, 1944.

The judgment concerns two writ petitions: one by M/s Ispat Industries Limited challenging an order dated 30 November 2004 passed by the Deputy Commiss...

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High Court of Bombay at Goa Quashes Reopening Notice Under Section 147 of Income Tax Act, 1961 for Lack of Full and True Disclosure. Assessee's Claim for Deduction Under Section 80-IA Was Considered During Original Assessment, Hence No Failure to Disclose Material Facts.

The petitioner, Titanor Components Limited, an assessee under the Income Tax Act, 1961, challenged a notice issued under Section 147 of the Act for re...

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High Court of Karnataka, Gulbarga Bench, hears appeal against part decree in O.S. No. 125/2004 granting specific performance of oral agreement for sale.

The dispute arises from a suit for specific performance of an alleged oral agreement for sale of industrial property. The plaintiff (respondent No. 1)...