Search Results for "payment vouchers"

124 result(s) found

Scroll Down To Discover

Found 124 result(s)

© Image Copyrights Juris Services & Technology

Bombay High Court Allows Appeal in Company Petition — Interim Relief Granted to Restrain Alienation of Property. Balance of convenience favored grant of ad-interim relief to protect subject matter of petition under Sections 397, 398 of Companies Act, 1956.

The present appeal arises from a Company Petition No. 149 of 2012 filed under Sections 397 and 398 of the Companies Act, 1956, alleging oppression and...

© Image Copyrights Juris Services & Technology

Supreme Court Dismisses Assessee in Income Tax Appeal Over TDS Disallowance. Disallowance of Rs. 57,11,625 upheld under Section 40(a)(ia) of Income Tax Act, 1961 as assessee failed to deduct tax at source on payments exceeding Rs. 20,000 per goods receipt to truck operators under Section 194C.

The dispute arose from an income tax assessment for the year 2005-2006 involving Shree Choudhary Transport Company, a partnership firm engaged in tran...

© Image Copyrights Juris Services & Technology

Supreme Court Dismisses Assessee's Appeal in Income Tax Cash Credit Case — Upholds Addition Under Section 68 Despite Rejection of Books for Gross Profit. Books of Account Can Be Partially Relied Upon for Different Additions Even After Rejection Under Section 145(3) of Income Tax Act, 1961.

The appeal arose from a challenge to an addition of Rs.2,26,000 made under Section 68 of the Income Tax Act, 1961, as unexplained cash credits. The ap...

© Image Copyrights Juris Services & Technology

Bombay High Court Allows Appeal Under Section 37 of Arbitration Act, Restores Arbitral Award in Land Sale Dispute. Court Holds That Section 34 Petition Cannot Be Used to Reappreciate Evidence and That Award Was Not Perverse.

The case involves an arbitration appeal under Section 37 of the Arbitration and Conciliation Act, 1996, challenging the judgment of the Principal Dist...

© Image Copyrights Juris Services & Technology

Bombay High Court Dismisses Insurer's Challenge to Arbitral Award in Marine Insurance Claim. The Court upheld the arbitrator's finding that goods destroyed by fire at a CFS warehouse were covered under the FOB clause of the Marine Cargo Open Policy.

The case involves a challenge by Tata AIG General Insurance Company Limited (the petitioner/insurer) to an arbitral award passed in favor of M/s. Manh...

© Image Copyrights Juris Services & Technology

High Court of Karnataka Acquits Appellants in CBI Bank Fraud Case Due to Lack of Evidence. Conviction under Sections 120(B), 409, 467, 471, 477(A) IPC and Prevention of Corruption Act set aside as prosecution failed to prove criminal conspiracy and dishonest misappropriation.

The judgment pertains to three criminal appeals filed by Jitender Prasad Kaushik (A1), Raphael Joseph Manohar (A2), and another appellant (A3) against...

© Image Copyrights Juris Services & Technology

High Court of Bombay Dismisses Petition Challenging Arbitral Award in Joint Venture Dispute — No Grounds for Interference Under Section 34 of Arbitration and Conciliation Act, 1996. Court upholds arbitrator's findings on breach of joint venture agreement and rejection of counter claims as not perverse.

The petitioner, Development Corporation of Konkan Limited, a government company, filed a petition under Section 34 of the Arbitration and Conciliation...

© Image Copyrights Juris Services & Technology

Bombay High Court Quashes Summary Court Martial Conviction for Violation of Natural Justice and Lack of Evidence. Petitioner's thumb impression on payment vouchers not proved to be superimposed; conviction set aside.

The petitioner, Major Anurag Pathak, was a Company Commander in the Indian Army. During his tenure in Bhutan (1993-96), he was later called upon to re...