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Supreme Court Upholds Appellant in Income Tax Act Case Regarding Exemption for Charitable Trust Income from Managing Agency Business. Managing Agency Business Held to be Property and Income Therefrom Exempt Under Section 4(3)(i) of Indian Income-tax Act, 1922, Despite Revenue's Objections.

The Supreme Court considered an appeal by J.K. Trust, Bombay, against the Commissioner of Income-tax/Excess Profits Tax, Bombay, concerning the taxabi...

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High Court of Madras Dismisses Appeal Under Section 37 of Arbitration Act Upholding Setting Aside of Arbitral Award for Perversity. Single Judge Correctly Found That Award Granting Damages for Loss of Business and Non-Supply Ignored Exclusion Clause and Lacked Evidentiary Basis.

The appeal arose from a dispute between a construction and engineering company (appellant) and an elevator manufacturer (first respondent) regarding c...

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High Court of Karnataka Considers Writ Petition Against Land Tribunal’s Grant of Occupancy Rights. Dispute Involves Validity of Tenancy Surrender and Continuation of Possession Under Sections 44 and 7 of Karnataka Land Reforms Act, 1961.

The writ petition under Articles 226 and 227 of the Constitution of India challenged the order of the Land Tribunal, Hirekerur, dated 17.07.2002, whic...

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KAHC020009812016_1

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