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Bombay High Court Examines Jurisdiction of Customs Settlement Commission Under Sections 127A and 127B of the Customs Act, 1962 in Ten Writ Petitions. Whether Settlement Commission’s Authority Extends Beyond Short Levy Due to Misclassification to Cases Involving Fraud Is the Central Question.

The High Court of Judicature at Bombay heard ten writ petitions together, all involving a common legal question concerning the jurisdiction of the Set...

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Bombay High Court Quashes Income Tax Prosecution Due to Non-Recovery of Tax Demand. Death of Principal Accused and Dissolution of Firm Render Prosecution Under Sections 276C and 277 of Income Tax Act, 1961 Unsustainable.

The applicants filed two criminal applications under Section 482 of the Criminal Procedure Code, 1973, seeking quashing of RCC No.194/2004 and RCC No....

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Supreme Court Allows LIC Appeal in Abandonment of Service Case — Concealment of Subsequent Employment Disentitles Equitable Relief. Termination under Regulation 39(4)(iii) of LIC Staff Regulations, 1960 Upheld as Delinquent Absented for 90 Days Without Intimation and Suppressed Fact of Joining FCI.

The Supreme Court allowed the appeal filed by the Life Insurance Corporation of India (LIC) against the judgment of the Himachal Pradesh High Court, w...

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Supreme Court Dismisses Assessee's Appeal in Income Tax Cash Credit Case — Upholds Addition Under Section 68 Despite Rejection of Books for Gross Profit. Books of Account Can Be Partially Relied Upon for Different Additions Even After Rejection Under Section 145(3) of Income Tax Act, 1961.

The appeal arose from a challenge to an addition of Rs.2,26,000 made under Section 68 of the Income Tax Act, 1961, as unexplained cash credits. The ap...

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Bombay High Court Dismisses Revenue's Appeal in Income Tax Penalty Case — Penalty Deletion Upheld for Bonafide Claims. Claims for deduction under Section 35D and diminution in value of shares were bonafide and not concealment, following CIT vs. Reliance Petroproducts Pvt. Ltd.

The case involves an appeal by the Commissioner of Income Tax under Section 260A of the Income Tax Act, 1961 against the order of the Income Tax Appel...

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The Supreme Court heard criminal appeals arising from a common judgment of the Madras High Court dated 06.10.2007, which upheld convictions and senten...

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High Court of Karnataka Examines Petition to Quash Criminal Proceedings Against Husband in Suicide Abetment Case. Petitioner Contended That Victim's Depression and Video Statement Negated Instigation, Relying on Precedents Interpreting Section 306 IPC and Section 498A IPC.

The petitioner, the husband of the deceased, filed a criminal petition under Section 482 of the Code of Criminal Procedure, 1973 seeking quashing of t...