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Found 1999 result(s)

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High Court of Karnataka Dismisses Revenue's Appeal in Income Tax Block Assessment Case — Unexplained Investment of Rs. 1,50,000 Not Assessable as Undisclosed Income. The court held that the assessee had satisfactorily explained the source of investment and the addition was based on mere suspicion.

The Revenue filed an appeal under Section 260-A of the Income Tax Act, 1961 against the order of the Income Tax Appellate Tribunal, Bangalore, dated 3...

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High Court of Karnataka Dismisses Plaintiffs' Regular Second Appeal Challenging Dismissal of Suit for Declaration and Injunction Over Inam Land. Regrant of Land Under Karnataka Village Office Abolition Act During Pendency of Suit Does Not Prove Antecedent Ownership or Possession.

The case involves a regular second appeal filed by the plaintiffs against the concurrent judgments of the trial court and the first appellate court di...

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High Court of Bombay at Goa Allows Revenue Appeal in Capital Gains Tax Case — Land Sold to Resort Held Non-Agricultural. Land Adjacent to Five-Star Hotels with High Sale Price and Lack of Systematic Cultivation Indicates Non-Agricultural Character Under Income Tax Act, 1961.

The Revenue filed appeals under Section 260A of the Income Tax Act, 1961 against the order of the Income Tax Appellate Tribunal which had upheld the C...

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High Court of Karnataka Enhances Compensation for Land Acquisition for Minor Irrigation Tank — Market Value Determined at Rs. 1,50,000 per Acre with 30% Solatium and 12% Additional Market Value. Comparable Sales Method Applied Under Section 23 of Land Acquisition Act, 1894 to Fix Enhanced Compensation.

The appellants, whose land was acquired for construction of a minor irrigation tank, challenged the judgment and award of the Reference Court dated 18...

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High Court of Bombay, Nagpur Bench, Hears Two Writ Petitions Regarding Regularisation of Gunthewari Layout Under Maharashtra Gunthewari Developments Act. Petitioners Seek Quashing of Order Dated 20.10.2005 Passed by Nagpur Improvement Trust.

Two writ petitions were filed before the High Court of Bombay, Nagpur Bench, challenging an order dated 20.10.2005 passed by the Chairman, Nagpur Impr...

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Supreme Court Allows Appeal in Motor Accident Compensation Case — Future Prospects Awardable in Permanent Disablement Cases. Loss of earning capacity must consider functional disability and actual income, not merely physical disability percentage.

The appellant, Pappu Deo Yadav, was a 20-year-old data entry operator earning ₹12,000 per month when he suffered a serious motor accident on 18.05.2...