Search Results for "Hudson's Formula"

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Madras High Court Partly Allows Appeal in Arbitration Matter — Upholds Arbitral Award Except for Claim No.6. Post-Contractual Changes in Pipeline Alignment and Scope Reduction Lead to Dispute Over Additional Costs and Delay.

The appellant, Chennai Metropolitan Water Supply and Sewerage Board, invited tenders for construction of a Permeate Conveyance Pipeline as part of a p...

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Bombay High Court Upholds Capital Gains Treatment for Land Sale by Estate Administrator — Assessee Not a Trader in Land. Surplus from sale of inherited land held as capital gain, not business income, under Income Tax Act, 1961.

The case involved a reference under Section 256(1) of the Income Tax Act, 1961, at the instance of the Revenue, challenging the Tribunal's decision th...