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High Court of Karnataka Reserves Judgment on Challenge to Fringe Benefit Tax Provisions. Petitions question constitutional validity of Chapter XII-H of Income Tax Act, 1961 as violative of Article 14 and beyond legislative competence.

The High Court of Karnataka at Bengaluru heard three writ petitions filed by M/s T.T.K. Prestige Ltd. and another, M/s N. Rangarao & Sons, and Karnata...

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Bombay High Court Allows Writ Petition Challenging Settlement Commission Order in Customs Duty Evasion Case — Violation of Principles of Natural Justice. Settlement Commission's Rejection of Settlement Application Without Considering Merits and Without Granting Personal Hearing Set Aside.

The petitioners, Dinesh Bhabootmal Salecha and others, filed a writ petition before the Bombay High Court challenging an order passed by the Settlemen...

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Supreme Court Allows Revenue's Appeal in Income Tax Case — Amalgamated Company Must File Return for Pre-Amalgamation Period. Section 153A Notice Validly Issued to Transferor Company Despite Amalgamation, and Failure to File Return Attracts Penalty Under Section 276CC.

The Supreme Court allowed the appeal filed by the Principal Commissioner of Income Tax (Central) against the order of the Delhi High Court, which had ...

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High Court of Bombay Considers Official Liquidator's Plea for Handover of Assets and Records of Companies in Liquidation. Law Enforcement Agencies' Seizure of Properties and Books of Account Examined in Context of Winding Up Proceedings Under Companies Act, 1956.

The proceedings involved multiple Official Liquidator’s Reports and a Company Application arising out of the winding up of M/s. City Limouzines (Ind...

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Supreme Court Dismisses Appeal Against Conviction of Dismissed Public Servant for Criminal Misconduct Under Prevention of Corruption Act, 1947. No Sanction Under Section 6 Required as Accused Was No Longer a Public Servant at Time of Cognizance.

The Supreme Court of India considered the requirement of sanction under Section 6 of the Prevention of Corruption Act, 1947 in a case where the accuse...

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Bombay High Court Dismisses Petition Challenging Medical Admission Cancellation Due to Non-Compliance with Reservation Rules. Petitioner failed to produce original caste certificate within prescribed time, leading to cancellation of admission under Maharashtra Medical and Dental Courses Admission Rules.

The petitioner, Tejaswini Phad, filed a writ petition challenging the cancellation of her admission to a medical college. She had been admitted under ...

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APPEAL No. 331 of 2012

The dispute centered on the shareholding of Gharda Chemicals Ltd., a closely held company originally belonging to the Gharda and Kavasmaneck families....