Search Results for "profits and gains"

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Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Supreme Court Allows Appeal in Motor Accident Claim Case — Death Not Arising O...
Bombay High Court Dismisses Petitioner's Challenge to Arbitral Award in Commerci...
Bombay High Court Dismisses Appeal Against Attachment of Property in NSEL Scam C...
Bombay High Court Allows Appeal in Customs Classification Dispute — Bulk Pet F...

Search Results for "profits and gains"

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High Court

High Court Dismisses Bail Appeal in Human Trafficking and Fraud Case Investigated by NIA. Court found strong prima facie evidence of deception, forced fraudulent activities, and extortion under Sections 371, 420, 370, and others of the Indian Penal Code, 1860, justifying denial of bail due to offence seriousness and risk of evidence tampering.

10 Mar 2026

The High Court of Judicature at Bombay heard a criminal appeal challenging the denial of bail to the appellant, who was accused in a case investigated...

High Court

Madras High Court Dismisses Second Appeal in Property Dispute — Upholds Concurrent Findings of Fact on Adverse Possession and Benami Transaction. The court held that the plaintiffs failed to prove title and possession, and the defendants established adverse possession for over 12 years, rejecting the claim of benami ownership under the Benami Transactions (Prohibition) Act, 1988.

7 Jan 2025

The case involves a property dispute between the plaintiffs (respondents) and the defendants (appellants) over 5.82 acres of land in Survey No. 211/1....

Supreme Court

Supreme Court Partially Allows Appeal Against Madras High Court Directions in Formula 4 Racing PIL - Contractual Obligations Under MoU Cannot Be Unilaterally Altered by Court. The Court held that the High Court erred in directing the appellant to reimburse the State's expenditure and deposit future costs, as such directions contradicted the express terms of the MoU between the parties.

1 Jan 2024

The Supreme Court considered appeals against an order of the Madras High Court dated 19.02.2024, which disposed of several public interest litigations...

Supreme Court

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.

24 Apr 2020

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...

High Court

Bombay High Court Dismisses Suit for Specific Performance and Injunction in Property Dispute — Plaintiff Fails to Prove Readiness and Willingness to Perform Contract. Agreement for Sale of Flat Declared Null and Void Due to Non-Compliance with Conditions Precedent and Lack of Valid Termination of Earlier Agreement.

21 Aug 2019

The plaintiff, Manohar Daulatram Ghansharamani, filed Suit No. 220 of 2013 in the Bombay High Court seeking specific performance of an agreement for s...

High Court

Bombay High Court Dismisses Revenue's Appeal in Income Tax Case on Deduction Under Section 80HHC and Disallowance Under Section 40(a)(i). The Court upheld ITAT's findings that interest income from business funds is business income, professional service receipts are not excluded under clause (baa), and Section 172 overrides Section 40(a)(i) for shipping income.

20 Jul 2019

The Commissioner of Income Tax appealed against the order of the Income Tax Appellate Tribunal (ITAT) concerning the assessment of V.S. Dempo & Co. Pv...

High Court

Bombay High Court Allows Change in Stock Valuation Method and Grants Export Market Development Allowance for Packing Expenses in Income Tax Reference. The court held that a bona fide change to a more scientific method of stock valuation is permissible, and packing expenses for exports qualify for deduction under Section 35B of the Income Tax Act, 1961.

8 Sep 2016

The case involves an Income Tax Reference under Section 256(1) of the Income Tax Act, 1961, by the Income Tax Appellate Tribunal for the opinion of th...

High Court

High Court of Karnataka Allows Appeal in Income Tax Case — Assessee's Carried Forward Loss from House Property Cannot Be Set Off Against Salary Income Under Section 71(3A) of Income Tax Act, 1961. The court held that the amendment to Section 71(3A) with effect from 1.4.2003 prohibits set-off of loss from house property against income from other heads except as provided.

3 Jul 2015

The assessee, K.S. Venkatesh, filed an appeal under Section 260-A of the Income Tax Act, 1961 against the order of the Income Tax Appellate Tribunal (...

High Court

Bombay High Court Allows Assessees in Income Tax Reference Regarding Gold Bonds Profit as Capital Gain. Profit from sale of National Defence Gold Bonds held not taxable as business income under Income Tax Act, 1961, as transaction was not an adventure in the nature of trade.

13 Oct 2005

The case involves three income tax references arising from a common order of the Income Tax Appellate Tribunal, Mumbai, for the assessment year 1980-8...

High Court

Bombay High Court Dismisses Petitions Challenging RTI Disclosure of Contractual Information Between Private Companies and Government. Information Sought Relates to Public Activity and Falls Under Section 2(h) of RTI Act as 'Public Authority'.

30 Nov -0001

The judgment concerns two writ petitions filed by M/s Shonkh Technology International Ltd. and M/s United Telecom Limited challenging orders of the St...

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