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Supreme Court Dismisses Transfer Petition in PMLA Case Seeking Venue Change from Lucknow to Ernakulam. Transfer Under Section 406 CrPC Not Granted as Accused Failed to Establish Exceptional Circumstances or That Place of Predicate Offence Determines PMLA Trial Venue Under Section 65 PMLA.

The Supreme Court considered a transfer petition filed by an accused in a Prevention of Money-laundering Act (PMLA) case seeking to transfer the proce...

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Supreme Court Allows Appeals by Landowners in Land Acquisition Case Due to Inadequate Compensation. Compensation Enhanced as High Court's Award of Rs.1,35,000/- Per Cent Based on Negotiated Price Plus 35% Rise Was Found Insufficient Under Land Acquisition Act, 1894.

The dispute arose from the acquisition of lands in Kozhikode for setting up an IT Park under the Land Acquisition Act, 1894. A notification under Sect...

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Supreme Court Dismisses Revenue's Appeal in Income Tax Act Case Upholding Revisional Jurisdiction. Commissioner Validly Set Aside Assessment Order as Payment to Shareholders Was Not 'Cost of Improvement' Under Capital Gains Computation Under Sections 48 and 263 of Income Tax Act, 1961.

The dispute arose from an income tax assessment concerning the sale of a property named 'Paville House' by the respondent assessee, a company engaged ...

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Supreme Court Dismisses Revenue's Appeals in Customs Classification Disputes Over LCD Panels. LCD Panels Classified Under Chapter Heading 9013.8010 as Liquid Crystal Devices, Not as Parts of Television Sets or Car Audio Systems Under General Headings.

The appeals involved disputes over the customs classification of imported LCD panels by two assessees, M/s Videocon International and M/S Harman Inter...

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Supreme Court Dismisses Appeals in Partition Suit, Upholding High Court's Decree on Property Shares and Invalidating Compromise. Legal Heirs' Dispute Over Ancestral and Self-Acquired Properties Resolved with Shares Determined Under Hindu Law, and Compromise Set Aside Under Code of Civil Procedure, 1908.

The litigation originated from a partition suit filed by Charulata Sahoo (plaintiff) against her brother Prafulla Sahoo (defendant No. 1) and sister S...