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Supreme Court Upholds Assessee in Income Tax Case Allowing Deduction of Expenses Incurred by Partner from Share of Firm's Profits. Partner's Expenditure to Earn Income from Registered Firms is Deductible Under Section 10(2) of Income-tax Act, 1922 Despite Prior Computation of Firm's Profits.

The dispute arose from income tax assessments for the years 1955-56 and 1956-57 concerning Ramniklal Kothari, a partner in four registered firms who d...

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Bombay High Court Quashes Reopening Notices Under Section 148 of Income Tax Act for Assessment Years 2005-06 to 2008-09 Due to Lack of Failure to Disclose Material Facts and Change of Opinion. Remuneration Paid to Directors Was Fully Disclosed and Examined During Original Assessment, So Reopening Invalid.

The petitioner, M/s. OHM Stock Brokers Pvt. Ltd., a share and stock broker, challenged notices under Section 148 of the Income Tax Act, 1961 for reope...

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Bombay High Court Examines Maintainability of Individual Workmen's Complaints for Permanency Under MRTU & PULP Act, 1971. Industrial Court Dismissed Complaints Holding Recognised Union Had Exclusive Right to File Such Complaints, and High Court Finds Need for Factual Adjudication on Merits.

The writ petitions arose from a common judgment of the Industrial Court, Pune, dated 13-3-1996, which dismissed 63 workmen's complaints seeking perman...

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Supreme Court Disposes of Appeals by Authority for Advance Rulings Against High Court Judgment Quashing AAR's Rejection of Treaty Benefits. Questions Raised on Taxation of Capital Gains Under India-Mauritius DTAA and Scope of Section 245R(2) Proviso (iii) of Income Tax Act, 1961.

The disputes arose from applications for advance ruling filed by three Mauritius-incorporated companies—Tiger Global International II Holdings, Tige...

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Bombay High Court Dismisses Appeal Against Arbitral Tribunal's Jurisdictional Ruling in Distributor Agreement Dispute. Arbitration Clause Not Extended by Conduct Despite Continued Commercial Dealings Post-Expiry of Two-Year Term.

The case involves an appeal under Section 37(2)(a) of the Arbitration and Conciliation Act, 1996, filed by Raymond Limited against an order of the lea...

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High Court of Bombay Allows Second Appeal in Service Matter Due to Non-Compliance with Order 41 Rule 31 CPC — Lower Appellate Court Must Frame Points for Determination Even When Affirming Trial Court Judgment.

The case arises from a Second Appeal filed by the original defendants, Barnes School and Bombay Education Society, against the judgment and order date...

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Supreme Court Dismisses Appeal Against Non-Implementation of Central Wage Board Recommendations in Jute Industry Wage Dispute. Uniform Wage Scale Recommended by Wage Board Held Unenforceable for Small Mill in Andhra Pradesh Due to Failure to Apply Industry-Cum-Region Principle.

The dispute arose from the refusal of the management of a small jute mill in Guntur, Andhra Pradesh, to implement the recommendations of the Central W...

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Bombay High Court Full Bench Examines Reference on Whether Mathadi Act Applies Only to Casually Engaged Workers; Considers Statutory Definition of Unprotected Worker Under Section 2(11)

Background: A group of writ petitions were filed before the Bombay High Court by various employers including Kay Kay Embroideries P. Ltd., Bhulwalka S...