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Bombay High Court Quashes Conciliation Officer's Order Closing Proceeding Based on Consent Terms. Court Holds That Without Express Settlement of Entire Dispute, Conciliation Must Continue Under Industrial Disputes Act, 1947.

The writ petition arose from a decision of the Assistant Commissioner of Labour (Conciliation), Mumbai, who by order dated 2nd July 2005 closed concil...

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Bombay High Court Dismisses Revenue's Appeal in Income Tax Case on Disallowance Under Section 14A and TP Adjustment on Guarantee Commission. ITAT's Restriction of Disallowance to Rs.1,00,000/- and Deletion of TP Addition Upheld as No Substantial Question of Law Arises.

The case pertains to an appeal filed by the Commissioner of Income Tax, Mumbai (the revenue) against the order of the Income Tax Appellate Tribunal (I...