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Supreme Court Allows Assessee's Appeal, Holding Royalty Payment for Mining Lease is Revenue Expenditure. Yearly royalty of Rs. 96,000 under mining arrangement with Government deductible under Income-tax Act as it relates to raw material obtained, not capital outlay.

This appeal arose from income tax assessment proceedings for the years 1954-55 to 1956-57. The appellant, a registered firm manufacturing lime from li...

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KAHC010218752018_1

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Bombay High Court Hears Challenge to Municipal Circular Revising Hoarding Advertising Licence Fees. Petition Questions Validity of 2009 Circular Under Mumbai Municipal Corporation Act Sections 328A and 479.

The matter involved consolidated writ petitions filed by outdoor advertising firms and an association challenging licence fee revisions imposed by the...

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Bombay High Court Hears Writ Petitions Challenging Environmental Clearances for Passenger Jetty Project at Gateway of India. Petitioners Claim Violation of Coastal Regulation Zone Norms and Failure to Consider Alternative Site, Seeking Quashing of MCZMA Clearance and NOCs.

These three writ petitions, heard analogously by the Bombay High Court, arose from residents' associations and members in the Colaba area challenging ...