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Bombay High Court Dismisses Petition Challenging Revisional Order Under Urban Land Ceiling Act After Repeal Proposal. State Government retains jurisdiction under Section 34 of the Urban Land (Ceiling and Regulation) Act, 1976 until formal repeal takes effect.

The petitioners, nine individuals and one through their power of attorney holder, filed a writ petition in the Bombay High Court challenging the decis...

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Bombay High Court Dismisses BSNL's Appeal Against Enhanced Compensation in Land Acquisition Case. Reference Court's award of Rs.40 per sq ft for acquired land upheld as market value based on sale instances and location.

The case pertains to an appeal filed by Bharat Sanchar Nigam Ltd. (BSNL), the acquiring body, against the judgment of the Reference Court in L.A.C. No...

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Bombay High Court Dismisses Revenue Appeals in Income Tax Cases Involving Long-Term Capital Gains and Business Income Classification. Court upholds ITAT findings that gains from sale of agricultural land and shares were capital gains, not business income, under the Income Tax Act, 1961.

The judgment involves a batch of income tax appeals filed by the Commissioner of Income Tax against various assessees, including Nitish Rameshchandra ...

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High Court of Bombay at Nagpur Dismisses Claimant's Appeal for Enhanced Compensation and Partly Allows State's Appeal in Land Acquisition Case — Market Value Determined at Rs. 100 per sq.ft Based on Comparable Sale Instances.

The case involves two appeals arising from a land acquisition matter. The land, measuring 1.21 HR (1,29,345 sq.ft) out of Survey No. 118/3 at Digras, ...