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Supreme Court Allows NCDC's Appeal in Income Tax Dispute Over Deduction of Grants as Revenue Expenditure. Grants disbursed by a statutory corporation as part of its business are deductible under Section 37 of the Income Tax Act, 1961, regardless of the capital nature of the source funds.

The National Co-operative Development Corporation (NCDC), established under the National Co-operative Development Corporation Act, 1962, is a statutor...

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Bombay High Court Allows Withdrawal of Petition Challenging Demolition of Shops by Nagpur Municipal Corporation Without Notice. Petitioners granted liberty to file representation for regularization before Municipal Commissioner.

The petitioners, ten individuals engaged in business in Nagpur, filed a writ petition before the Bombay High Court at Nagpur Bench challenging the dem...

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Bombay High Court Dismisses Petition Challenging Arbitral Award in Demurrage Dispute. Charter Party Agreement's Demurrage Clause Upheld as Petitioner Failed to Prove Excepted Perils.

The petitioner, Steel Authority of India Limited (SAIL), challenged an arbitral award under Section 34 of the Arbitration and Conciliation Act, 1996, ...

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Bombay High Court Dismisses Petition Challenging Police Notices Restricting Hotel Timings — Government Notification Under Shops Act Cannot Override Police Act Restrictions on Eating Houses.

The petitioners, Yogesh Panditrao Khaire and others, are running a hotel named 'Hotel Saheba' in Nashik. They obtained a licence under the Bombay Shop...

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Bombay High Court Quashes Bar Council of India Order Canceling Enrollment of Part-Time Law Professor as Advocate. Revision Petition Filed by Secretary of State Bar Council Held Not Maintainable, and Suo Motu Exercise of Power Without Show Cause Notice Violates Principles of Natural Justice.

The petitioner, Eknath Shankarrao Pagar, was a part-time law professor who applied for enrollment as an advocate. The Enrollment Committee of the Bar ...

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Bombay High Court Dismisses Restaurant's Challenge to Closing Hours Under Bombay Shops and Establishments Act, 1948. Petitioner's Request for Exemption from Section 19(1) Timings Rejected as State Government Lacks Power to Grant Individual Exemptions Beyond Schedule II.

The petitioner, Sardar Refreshments, a restaurant, filed a writ petition challenging the refusal of the State of Maharashtra to grant it an exemption ...