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High Court of Bombay Passes Interim Orders Directing Restoration of Lake and Prevention of Mangrove Destruction in Navi Mumbai. Modification of Development Plan to Permit Golf Course Raised Public Interest Concerns.

The public interest litigations were filed to address the systematic destruction of mangroves and wetlands in Navi Mumbai. The petitioners in PIL 218/...

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Supreme Court Allows Deduction Under Section 80HH on Gross Profits Without Deducting Depreciation and Investment Allowance. The Court Overruled Motilal Pesticides and Held That Section 80HH Deduction Is Computed on 'Profits and Gains' Not 'Income'.

The Supreme Court considered a batch of civil appeals concerning the interpretation of Section 80HH of the Income Tax Act, 1961, for the Assessment Ye...

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Supreme Court Allows Appeal in Income Tax Case: Subscriptions Received Under Collective Investment Schemes Held to be Capital Receipts Not Income. Peerless General Finance's Subscriptions Not Forfeited During Assessment Years, Hence Not Taxable as Income.

The appeal arose from a dispute between The Peerless General Finance and Investment Company Ltd. (appellant) and the Commissioner of Income Tax (respo...

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Madras High Court Dismisses Insurance Company's Appeal in Motor Accident Claim — Upholds Compensation for Legal Heirs of Deceased. Negligence of Driver Established by Criminal Conviction and Tribunal's Evidence Appreciation.

The case arises from a fatal motor accident that occurred on December 3, 2006, when the deceased, Janarthanan, was riding a motorcycle and was hit by ...