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Supreme Court Allows Revenue's Appeals in Income Tax Case on Disallowance of Excess Cane Price Paid by Cooperative Society. Excess Payment Over Statutory Price Under Sugarcane (Control) Order, 1966 Held Not Deductible as Business Expenditure Under Section 37(1) of Income Tax Act, 1961.

The case involves a batch of appeals by the Commissioner of Income Tax, Bombay against the assessee, Tasgaon Taluka Sahakari Sikhar Karkhana Limited, ...

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Bombay High Court Allows Appeal for Enhanced Compensation in Land Acquisition Case - Claimants Awarded Higher Market Value and Separate Compensation for Structures and Trees. Market Value Determined at Rs. 1500 per R for Jirayat Land Based on Sale Instances Under Section 23 of Land Acquisition Act, 1894.

The appellants, original claimants, owned land in village Kuslumb, Taluka Patoda, District Beed, which was acquired by the State of Maharashtra for co...

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High Court of Karnataka Dismisses Appeal in Specific Performance Suit — Upholds Trial Court Decree for Execution of Sale Deed. Agreement of Sale Dated 02.08.2007 Proved by Plaintiff; Defendants Failed to Discharge Burden of Proof Under Section 16(c) of Specific Relief Act, 1963.

The appellants (defendants) challenged the judgment and decree dated 20.10.2012 passed by the Senior Civil Judge, Channarayapatna, in O.S. No. 4/2008,...

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High Court of Bombay at Goa Dismisses Appeal for Enhancement of Land Acquisition Compensation — Appellants Failed to Prove Market Value. Land Acquisition Officer's Award of Rs.23 per sq m Upheld Under Section 18 of Land Acquisition Act, 1894.

The appellants, Shivanand Vassudeva Salgaocar and Dattaraj Vassudeva Salgaocar, owned land surveyed under no.219/2 in Village Sancoale, admeasuring 52...

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High Court of Karnataka Considers Rejection of Plaint in Suit for Specific Performance of Granted Land Subject to Non-Alienation Condition. Court Examines Whether Agreement to Sell Executed During Non-Alienation Period is Void Under Karnataka SC/ST Act, 1978.

The civil revision petition arose from an order of the trial court rejecting the petitioners' application to reject the plaint in a suit for specific ...

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High Court of Bombay Dismisses Petition Challenging Arbitral Award in Contract Dispute — Price Revision Upheld as Valid Modification. Letter dated 28 June 1999 held to have modified the terms of the Purchase Order, allowing recoveries and adjustments per letter dated 31 October 2000.

The petitioner, M/s. JCL International Ltd., entered into a contract with the respondent, Bharat Petroleum Corporation Ltd., on 1 May 1999 for the sup...