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High Court of Karnataka Dismisses Revenue's Appeals in Transfer Pricing and Reassessment Cases — Upholds ITAT Orders on Arm's Length Price and Non-Disclosure of Material Facts.

The judgment pertains to two Income Tax Appeals filed by the Revenue under Section 260-A of the Income Tax Act, 1961. ITA No. 55/2024 arises from an o...

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High Court of Karnataka Quashes Bar Council Notice for Lack of Jurisdiction in Professional Misconduct Complaint — Complaint Filed by Judgment Debtor Against Decree Holder's Advocate Not Maintainable Under Section 35 of Advocates Act, 1961

The petitioner, Sri Paras Jain, an advocate practicing in Bengaluru for 44 years, filed a writ petition under Article 227 of the Constitution of India...

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Supreme Court Dismisses Revenue's Appeal in Income Tax Assessment Nullity Case Due to Amalgamation. Assessment in Name of Non-Existent Entity Held Void Despite Participation by Successor Company.

The Supreme Court dismissed the appeal filed by the Revenue against the judgment of the Delhi High Court which had upheld the Income Tax Appellate Tri...

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Bombay High Court Allows Petition of Elected President in Municipal Council Disqualification Dispute — President Retains Authority to Preside Despite Notice of Disqualification. No Disqualification Without Final Order Under Maharashtra Municipal Councils Act, 1965.

The petitioner, Dr. Gazala Yasmeen, was elected as President of Mangrulpir Municipal Council on 31st December 2016 under Section 51A1A(1) of the Mahar...

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Bombay High Court Dismisses Petition Challenging Revision Order Under Section 154 of Maharashtra Cooperative Societies Act, 1960 — Appointment of Managing Committee Members Without Election Held Invalid. Revisional Authority Has Power to Examine Legality and Propriety of Subordinate Orders.

The petitioners, who were managing committee members of New Shantivan Cooperative Housing Society Ltd., challenged an order dated 25 September 2014 pa...

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Bombay High Court Sets Aside Arbitral Award in Domain Name Dispute for Violation of Natural Justice. Lack of Proper Notice to Registrant Renders Award Patently Illegal Under Section 34 of Arbitration and Conciliation Act, 1996.

The petitioner, Telepathy Inc., a US-based company, was the registrant of the domain name 'fls.in' registered on 24 March 2005. Respondent No.5, Flsmi...