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Bombay High Court Allows Petition in Tenancy Declaration Case — Appellate Court's Reversal Set Aside. The High Court held that the Appellate Court erred in reversing the Trial Court's findings without proper appreciation of evidence under the Maharashtra Rent Control Act, 1999.

The case involves a dispute over a room measuring 8x8 sq.ft. in Madhusadan Bungalow, Lonavala. The Respondent (original plaintiff) filed a suit in Dec...

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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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Bombay High Court Dismisses State Appeal Against Acquittal in Criminal Breach of Trust Case — Prosecution Failed to Prove Misappropriation Beyond Reasonable Doubt Under Section 409 IPC Due to Lack of Material Witnesses and Inconsistent Evidence.

The State of Maharashtra appealed against the acquittal of the respondent, Mrs. Mandabai Ashok Sawant, who was charged under Section 409 of the Indian...

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Bombay High Court Allows Revenue's Appeal in Rental Income Classification Case. Rental income from leasing unsold units of a commercial complex constructed by a real estate developer is assessable as business income, not income from house property.

The case involves multiple appeals filed by the Commissioner of Income Tax against the common order of the Income Tax Appellate Tribunal (ITAT) which ...

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Supreme Court Allows Appeal in Income Tax Deduction Case for Accrued Development Liability. Deduction for Estimated Future Development Expenses Allowed Under Section 10(1) of Indian Income-tax Act, 1922, as Liability Was Accrued, Not Contingent.

The dispute concerned the income tax assessment of a land-developing company that followed the mercantile method of accounting. The appellant, Messrs....