Search Results for "Lease and Purchase Option"

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Supreme Court Allows Assessees' Appeals in Interest Tax Dispute on Hire-Purchase Transactions. The interest component in hire-purchase instalments is not taxable under Section 2(7) of the Interest-Tax Act, 1974 as hire-purchase transactions are not loans or advances.

The Supreme Court allowed the appeals filed by M/s Muthoot Leasing and Finance Limited and other assessees, setting aside the judgment of the Kerala H...

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High Court of Karnataka Considers Appeal from Conviction Under Sections 302 and 201 IPC Based on Circumstantial Evidence. Trial Court Had Convicted Accused for Murder and Destruction of Evidence After Establishing Deceased's Identity Through DNA Test.

The appeal arises from the conviction of the appellant by the I Additional Sessions Judge and Special Judge, Shimoga, in S.C. No.95/2012 for offences ...

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Bombay High Court Hears Suit for Specific Performance of Contract for Sale of Property at Bandra, Mumbai. Contractual Dispute Centers on Vendor's Obligation to Provide Vacant Possession and Marketable Title, and Validity of Sale of Minor's Share Without Court Permission.

Background: The suit pertains to a contract for sale of freehold land and structure at Bandra, Mumbai, entered into on 26 June 1993 between the plaint...