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Bombay High Court Dismisses Revenue's Appeal in Income Tax Revision Case — Assessing Officer's Order Not Erroneous Under Section 263. Commissioner Cannot Substitute View Where Assessing Officer Applied Mind and Took Plausible View on Depreciation of Current Investments by Bank.

The appeal by the Revenue under Section 260A of the Income Tax Act, 1961 arose from an order of the Income Tax Appellate Tribunal dated 15 January 200...

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Supreme Court Allows Appeals of Housing Board Against High Court Order Directing Arbitration Tribunal to Entertain Fresh Claim Despite Prior Arbitral Award. Principle of Issue Estoppel and Finality of Award Under Arbitration Act, 1996 Applied.

The case involves three civil appeals by the Madhya Pradesh Housing and Infrastructure Development Board against a common judgment of the Madhya Prade...

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Bombay High Court Hears Landlord's Challenge to MRT Order Granting Tenant Declaration Under Bombay Tenancy Act. Dispute Involves Agricultural Land Where MRT Overturned Concurrent Findings, Applying Deemed Tenancy Under Section 4 and Section 70(b) of the Bombay Tenancy and Agricultural Lands Act, 1948.

The matter arose from a tenancy application filed by the respondent under Section 70(b) of the Bombay Tenancy and Agricultural Lands Act, 1948, seekin...