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Supreme Court Allows Assessee's Appeal in Income Tax Dispute Over Non-Compete Fee Taxability. Amount Received Under Deed of Covenant Held as Capital Receipt Not Taxable Under Section 28(ii)(a) of Income Tax Act, 1961, Due to Separate Genuine Transaction and Procedural Error in High Court's Judgment.

The appeal concerned the assessment year 1995-96 involving Shri Shiv Raj Gupta, Chairman and Managing Director of Central Distillery and Breweries Ltd...

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Supreme Court Holds Section 15J Factors Illustrative in SEBI Penalty Adjudication. Adjudicating Officer Retains Discretion to Consider Mitigating Circumstances Beyond Stipulated Factors Under SEBI Act.

The Supreme Court of India adjudicated a reference arising from multiple civil appeals concerning the interpretation of Section 15J of the Securities ...

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Supreme Court Acquits Accused in Murder Case Due to Unreliable Eye Witnesses and Lack of Blood Evidence. Delay in Recording Statements and Inconsistencies in Testimony Lead to Benefit of Doubt Under Sections 148 and 302/149 IPC.

The Supreme Court allowed the appeals against the conviction of Balwan Singh, Latel Ram, and Santu @ Santram under Sections 148 and 302/149 IPC for th...

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Supreme Court Upholds Conviction of Accused in Murder Case Based on Related Witness Testimony — Evidence of Children of Deceased Found Credible and Corroborated by Medical Evidence, Dismissing Appeal Against Conviction Under Sections 148, 302/149 IPC.

The Supreme Court dismissed the appeal filed by five accused challenging their conviction under Sections 148, 302 read with Section 149 of the Indian ...

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Supreme Court Upholds Tender Award in E-Auction Dispute Due to Technical Glitch and Lack of Arbitrariness. Connectivity failure at service provider's end justified resumption of auction; High Court's interference in commercial decision set aside.

The Supreme Court allowed the appeals filed by Bharat Coking Coal Ltd. (BCCL) against the judgment of the Jharkhand High Court, which had quashed the ...