Search Results for "net profits"

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Bombay High Court Allows Appeals by Acquiring Body in Land Acquisition Compensat...
Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Bombay High Court Dismisses Writ Petition Challenging Concurrent Findings in Sui...
Bombay High Court at Goa Dismisses Review Petition in Partition Suit Impleadment...
Bombay High Court Acquits Accused in Corruption Case Due to Unreliable Trap Witn...

Search Results for "net profits"

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High Court

Bombay High Court Dismisses Developer's Challenge to Deemed Conveyance in Favor of Cooperative Housing Society — Additional FSI Rights Not a Bar to Conveyance Under MOFA. The Court held that the Competent Authority has jurisdiction to entertain a second application for deemed conveyance after rejection of the first, and the developer's claim over additional FSI does not prevent conveyance of land to the society.

17 Jul 2026

The Petitioner, Ariisto Realtors Private Limited, a developer, challenged an order dated 14 July 2025 passed by the District Deputy Registrar, Co-oper...

Supreme Court

Supreme Court Upholds SEBI's Order Against Kotak Mutual Fund for Violating SEBI Circular on Side Pocketing of Debt Securities. The Court held that the creation of segregated portfolios without complying with the mandatory conditions of the SEBI circular dated 28th December 2018 was impermissible, and the fund managers and trustees were liable for the resulting losses.

6 Mar 2026

The case involves appeals by Kotak Mahindra Asset Management Company Limited (Kotak AMC), Kotak Mahindra Trustee Company Limited, and several senior e...

High Court

Gujarat High Court Dismisses State Appeals in Land Acquisition Compensation Case, Upholds Enhanced Compensation for Claimants. Principle of parity applied as earlier group of appeals from same acquisition proceedings had already upheld enhanced compensation.

8 Jan 2026

The Deputy Collector and Land Acquisition and Rehabilitation (Irrigation), Rajkot and others (appellants) filed multiple first appeals under Section 5...

Supreme Court

Supreme Court Upholds Firm's Ownership Over Property Contributed by Partner in Hotel Partnership Case. Relinquishment Deed and Partnership Act Section 14 Confirm Property as Firm Asset, Not Inheritable by Legal Heirs.

3 Mar 2025

The dispute arose from a partnership firm, M/s Hotel Alka Raje, constituted in 1972 by late Bhairo Prasad Jaiswal and his brother Hanuman Prasad Jaisw...

High Court

Bombay High Court Partly Allows Employer's Challenge to Industrial Court Award on Wage Revision and Education Allowance. Industrial Court's power to grant ad-hoc wage rise upheld, but education allowance award set aside for lack of evidence.

17 Jan 2024

The petitioner, Ganesh Industries, an employer engaged in trading of Papad, challenged an Award dated 11 June 2019 passed by the Industrial Court, Mum...

High Court

Bombay High Court Dismisses Suit for Money Decree Based on Oral Agreement Allegedly Contradicting Written MOU. Plaintiff's claim for consideration under oral agreement fails as MOU silent on consideration and evidence insufficient to prove oral agreement.

19 Apr 2021

The Plaintiff, Bharat Nathalal Kansara, filed a suit in the Bombay High Court against his brothers, Praful Nathalal Kansara and another, seeking a mon...

High Court

Bombay High Court Allows Revenue's Appeal in Shipping Company Tax Case — Reimbursement of Telecommunication Costs Held as Income. Payments received by foreign shipping company from Indian agents for use of MaerskNet system treated as revenue receipt, not mere reimbursement, under Income Tax Act, 1961.

29 Apr 2015

The case involves a set of appeals filed by the Director of Income Tax against the order of the Income Tax Appellate Tribunal (ITAT) regarding the tax...

High Court

Bombay High Court Dismisses Appeal in Section 9 Arbitration Application Due to Lack of Party Identity with Arbitration Agreement. Joint Venture Agreement's Arbitration Clause Does Not Bind Non-Signatory Respondents as They Are Not Parties to the Agreement.

22 Sep 2014

The appeal was filed against the judgment and order dated 2 July 2014 of the learned Single Judge in Arbitration Petition No.66 of 2014, which dismiss...

High Court

Bombay High Court Quashes Demand Against Mutual Fund Under Section 177(3) of Income Tax Act — Holds That Beneficiaries of Securitization Trust Are Not Liable for Trust's Tax Demand. Section 177(3) of Income Tax Act, 1961 does not impose joint and several liability on beneficiaries of a securitization trust for the trust's tax dues when the trust is assessed as a separate entity and the beneficiary holds only pass-through certificates.

6 Mar 2013

The petitioner, UTI Mutual Fund, is a registered mutual fund under SEBI regulations. It invested in a securitization trust called Indian Corporate Loa...

High Court

High Court of Bombay at Goa Dismisses Revenue's Appeal in Income Tax Case — Depreciation Must Be Computed Before Section 80-IA Deduction. Loan from Shareholder to Company Held Deemed Dividend Under Section 2(22)(e) of Income Tax Act, 1961.

20 Sep 2010

The case involves an appeal by the Commissioner of Income Tax against the order of the Income Tax Appellate Tribunal (ITAT) regarding the assessment y...

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