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High Court of Bombay Dismisses Revenue's Appeal in Bogus Purchase Case — GP Rate Restricted to 15% on Alleged Bogus Purchases. The court held that when purchases are accepted as genuine but from bogus parties, only the profit element embedded in such purchases can be taxed, not the entire purchase amount.

The case pertains to an appeal filed by the Revenue under Section 260A of the Income Tax Act, 1961, challenging the order of the Income Tax Appellate ...

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"Supreme Court of India Resolves Complexities in Taxation of Mineral Rights" "Judgment Clarifies Legislative Powers and the Nature of Royalty in Mining Sector"

The Supreme Court of India addressed a significant dispute regarding the distribution of legislative powers between the Union and the States, specific...

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Supreme Court Allows Appeal for Enhanced Compensation in Land Acquisition Case — Blue Zone Classification Not Proved by State. Market Value Determined at Rs. 100 per sq. ft. Based on Comparable Awards for Similar Lands Acquired for Same Purpose Under Land Acquisition Act, 1894.

The case pertains to the acquisition of land owned by the appellant, Kazi Akiloddin, for the construction of a flood protection wall in Akola, Maharas...

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Supreme Court Dismisses Union of India's Appeal in Land Grabbing Case Due to Application of Res Judicata. Prior Civil Court Decree Conclusively Determined Title and Possession, Barring Re-litigation Under Section 8 of Andhra Pradesh Land Grabbing (Prohibition) Act, 1982.

The dispute originated from an application filed by the legal heirs of S.V. Srinivasulu Naidu under Section 8 of the Andhra Pradesh Land Grabbing (Pro...

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Bombay High Court Upholds Conviction of Tax Collector in Bribery Case Under Prevention of Corruption Act, 1947. Demand of Illegal Gratification for Issuing Tax Demand Notice Proved Through Trap and Recovery of Tainted Currency Notes.

The appellant, Dayaram s/o Balram Kuthe, was a Tax Collector with the Nagpur Municipal Corporation. The complainant, Dharamraj Natthuji Madankar, cons...

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Bombay High Court Allows Revision Against Municipal Corporation's Demolition Notice for Lack of Proper Hearing Under MMC Act. Court Holds That Show-Cause Notice Must Be Served on All Occupiers and That Demolition Without Considering Objections Violates Principles of Natural Justice.

The case involves a civil revision application filed by the applicant, who is the trustee of Jaliwali Masjid and Arbi Madarsa, along with other indivi...