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Bombay High Court Quashes TPO Order in Transfer Pricing Adjustment for Demerger Transaction. Held that transfer pricing provisions under Section 92 of Income Tax Act, 1961 do not apply to a demerger approved by High Court where assets and liabilities are transferred at book value without any consideration.

The petitioner, Times Global Broadcasting Company Ltd, a wholly owned subsidiary of Benett, Coleman and Company Ltd (BCCL), was engaged in distributio...

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Bombay High Court Upholds Dismissal of Bus Conductor in MSRTC Misappropriation Case. Labour Court's refusal to interfere with punishment of dismissal for collecting Rs.14/- but issuing Rs.5/- ticket and having cash excess of Rs.11/- is confirmed as not perverse.

The petitioner, Rohidas Premchand Bhagat, was employed as a bus conductor with the Maharashtra State Road Transport Corporation (MSRTC) since 1 Novemb...

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Bombay High Court Quashes FIR and Orders Compensation for Unauthorized Sealing of Cable Network Control Room — Police Action Without Statutory Authority Violates Fundamental Rights Under Article 19(1)(g) of Constitution of India.

The petitioners, a partnership firm running a cable television network under the name U.S.A. Cable Networks and its members, filed a writ petition und...

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Madras High Court Directs Ministry to Consider Representation in Cable TV Signal Disconnection Case — Writ Disposed Without Merits Adjudication. Court Orders Consideration of Representation After Hearing Parties Within Twelve Weeks Under Article 226 of Constitution of India.

The petitioner, C. Jesu Raja, filed a writ petition under Article 226 of the Constitution of India before the Madurai Bench of Madras High Court, seek...

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High Court Upholds Entertainment Duty on APSARA Award Function; Deletes Penalty. Petitioner's challenge to entertainment duty dismissed, penalty reduced due to legal interpretation issues.

This petition under Article 226 of the Constitution of India challenges the order dated 28th September 2007, confirming an entertainment duty demand o...

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Supreme Court Allows Appeal Against High Court's Mandamus for Compassionate Appointment After 21-Year Delay. Claim for Compassionate Appointment Rejected as Stale Due to Inordinate Delay.

The Supreme Court allowed the appeal filed by the Government of India against the judgment of the Madras High Court, which had directed the grant of c...

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Bombay High Court Dismisses Prasar Bharati's Challenge to Arbitral Award in Revenue Sharing Dispute. Court upholds arbitrator's findings on breach of contract and quantum of damages under Section 34 of Arbitration and Conciliation Act, 1996.

The petitioners, Prasar Bharati (the Broadcasting Corporation of India), challenged an arbitral award dated 17th December 2008 passed by a sole arbitr...