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Madras High Court Quashes Assessment Order for Violation of Natural Justice in Income Tax Reassessment. Failure to Provide Documents and Cross-Examination Renders Assessment Invalid Under Section 143(3) of Income Tax Act, 1961.

The petitioner, M/s R.R. Infraa Construction, a partnership firm, challenged three orders passed by the Income Tax Department for the Assessment Year ...

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Bombay High Court Dismisses Appeal Against Rejection of Temporary Injunction in Contract Dispute. Court holds that balance of convenience and prima facie case did not favor grant of injunction under Order 39 Rules 1 and 2 CPC.

The Appellant, Chitali Bottling Limited, filed a Special Civil Suit No.95 of 2020 before the 19th Joint Civil Judge, Senior Division, Pune, seeking a ...

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Bombay High Court Dismisses Petitions by Non-Signatories Under Section 37 of Arbitration Act. Third Parties Cannot Appeal Interim Arbitral Orders Absent Privity of Arbitration Agreement.

The dispute arose from arbitration proceedings between Excel Metal Processors Pvt. Ltd. (respondent no.1) and Shakti International Private Limited (re...

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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 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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Bombay High Court Dismisses Petitions Challenging Revenue Tribunal Order in Land Tenancy Dispute. Concurrent findings of fact that petitioners failed to prove tenancy rights under Maharashtra Tenancy and Agricultural Lands Act, 1948 upheld.

The petitioners, Pradip Vasudeo Ekbote and others, filed four writ petitions under Article 227 of the Constitution of India challenging a common order...