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Bombay High Court Hears Writ Petition Challenging Taxability of Interest Received on Enhanced Motor Accident Compensation. Petitioner Claims Interest is Capital Receipt and Not Taxable; Revenue Relies on Sections 56(2)(viii) and 145A(b) of Income Tax Act, 1961.

The petitioner, a 48-year-old man rendered paraplegic and bedridden since a road accident at age 8, filed a writ petition challenging the taxability o...

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Supreme Court Considers Whether Dearness Allowance is a Fundamental Right, Hears Appeals Against High Court Mandate to Pay Central Rates. High Court's declaration of Dearness Allowance under Article 21 and direction for parity with Central Government employees challenged by State.

The State of West Bengal filed appeals by special leave challenging the orders of the High Court at Calcutta dated 20th May 2022 and 22nd September 20...

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Supreme Court Upholds RBI Circular Denying Arrears of Pension from Date of Retirement in Pension Option Case. Prospective Pension from July 1, 2020, Upheld as Valid Exercise of Employer's Discretion.

The Reserve Bank of India (RBI) appealed against a Division Bench judgment of the Kerala High Court that had dismissed its appeal against a Single Jud...

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Supreme Court Allows TNEB Appeal in Dearness Allowance Dispute — Board Bound by Settlement to Follow State Government DA Rates. Employees Cannot Claim Higher DA Based on Central Government Rates When Settlement Links DA to State Government Rates.

The appeals arise from a dispute between the Tamil Nadu Electricity Board (Board) and its employees' unions regarding the payment of Dearness Allowanc...

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Bombay High Court Allows Writ Petition Challenging Rejection of Lower TDS Certificate Under Section 195(2) of Income Tax Act, 1961. Court holds that Assessing Officer must consider application on merits and cannot reject it solely because non-resident seller had not filed tax returns.

The petitioner, Rohan Developers Pvt. Ltd., a company engaged in property development, sought to purchase a 1/8th undivided share in a property from M...

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Gujarat High Court Enhances Compensation for Paraplegic Claimant in Motor Accident Case — Multiplier Applied as per Sarla Verma, Future Prospects Granted, and Interest Rate Increased to 9%

The appeal was filed by the original claimant, Dhanrajbhai Khumabhai Rabari (since deceased, represented by legal heirs), against the judgment and awa...