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Supreme Court Allows NCDC's Appeal in Income Tax Dispute Over Deduction of Grants as Revenue Expenditure. Grants disbursed by a statutory corporation as part of its business are deductible under Section 37 of the Income Tax Act, 1961, regardless of the capital nature of the source funds.

The National Co-operative Development Corporation (NCDC), established under the National Co-operative Development Corporation Act, 1962, is a statutor...

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High Court of Judicature at Madras Considers Writ Petition Against Order of Industrial Tribunal Rejecting Plea for Award on Majority Settlement. Industrial Tribunal Found Majority Settlement Voluntary but Held It Not Binding on Non-Signatory Union Members Under Industrial Disputes Act, 1947.

The management of Caterpillar India Private Limited, a multinational manufacturing off-road vehicles, and its recognized union, Caterpillar India Priv...

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High Court of Karnataka Adjudicates Batch of Petitions Challenging Forest Development Tax Notification on Mining Leases; Examines Legislative Competence under Karnataka Forest Act and Forest (Conservation) Act.

A batch of writ petitions was filed before the High Court of Karnataka challenging the validity of Notification No. FEE/23/2007-08 dated 16.08.2008 is...

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High Court of Karnataka Considers Batch of Writ Petitions Challenging KERC Order Dated 14.05.2018. The Petitioners, Renewable Energy Companies, Seek to Quash the Regulatory Order.

The High Court of Karnataka at Bengaluru heard a batch of writ petitions filed by various renewable energy companies, including Renew Power Limited an...

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High Court of Karnataka at Bengaluru considers batch of income tax appeals under Section 260-A of the Income Tax Act, 1961 challenging ITAT orders for assessment years 2001-02 to 2004-05. Assessee and Revenue both seek to set aside the ITAT decisions and frame substantial questions of law.

The High Court of Karnataka at Bengaluru dealt with a batch of income tax appeals filed under Section 260-A of the Income Tax Act, 1961. The appeals a...

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High Court of Karnataka Dismisses Insurance Appeals in Motor Accident and Workmen Compensation Cases — Upholds Awards for Injured Driver and Deceased Worker's Dependents. Insurer's Liability Affirmed Despite Alleged Policy Violations and Lack of Driving License.

The High Court of Karnataka at Dharwad disposed of a batch of miscellaneous first appeals filed by insurance companies against awards of compensation ...

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High Court of Karnataka Allows Appeal Under Section 37(1)(b) of Arbitration Act Against Rejection of Interim Injunction in Hotel Management Dispute. Court Grants Interim Injunction Restraining Respondents from Interfering with Appellant's Management of Hotel Pending Arbitration.

The appellant, Royal Orchid Associated Hotels Private Limited, filed a Miscellaneous First Appeal under Section 37(1)(b) of the Arbitration and Concil...

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High Court of Karnataka Hears Appeals Against Single Judge's Order on State Government's Authority Over Inter-State Electricity Transmission. The Court examined whether the State Government could extend its Order to inter-state transmission of electricity under the Electricity Act, 2003.

The High Court of Karnataka heard a batch of writ appeals filed by the State Load Dispatch Centre (SLDC), Karnataka Power Transmission Corporation Lim...