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Supreme Court Allows Appeals of Land Holders in Land Acquisition Compensation Case Under Punjab Town Improvement Act, 1922. Compensation Enhanced to Rs.6,62,800/- Per Acre Based on Comparable Sales Method with 6% Cumulative Annual Increase.

The Supreme Court considered appeals by land holders whose land was acquired for the Transport Nagar Scheme, Rupnagar, under the Punjab Town Improveme...

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High Court of Karnataka Acquits Accused in Kidnapping and Rape Case Due to Inconsistent Evidence and Lack of Corroboration. Prosecution Failed to Prove Offences Under Sections 366A and 376 IPC Beyond Reasonable Doubt as Victim's Testimony Was Unreliable and Medical Evidence Did Not Support Allegations.

The appellant, Kadamban, was convicted by the Principal District & Sessions Judge, Tumkur, in S.C. No. 274/2012 for offences under Sections 366A (kidn...

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Bombay High Court Dismisses Revenue's Appeal in Keyman Insurance Premium Deduction Case. Partnership Firm's Premium on Partner's Life Insurance Held Allowable as Business Expenditure Under Section 37(1) of Income Tax Act, 1961.

The appeal by the Revenue under Section 260A of the Income Tax Act, 1961 challenged the order of the Income Tax Appellate Tribunal (ITAT) which had co...

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Supreme Court Allows Appeal Against Review Order Deleting Possession Finding in Property Dispute. The High Court exceeded its review jurisdiction under Order 47 Rule 1 CPC by deleting a finding on possession based on non-framing of issue, which was not an error apparent on the face of the record.

The Supreme Court allowed an appeal against the High Court's order in a review petition that deleted a paragraph from its earlier judgment in a proper...

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INCOME TAX APPEAL NO.626 OF 2010

The assessee, Godrej & Boyce Mfg. Co. Ltd., filed its income tax return for Assessment Year 2002-03 declaring a loss of Rs. 45.90 crores and claimed a...