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Bombay High Court Allows Revenue Appeal in Part on Reimbursement of Expenses Taxability Under Income Tax Act, 1961 — Reimbursement of Actual Expenses Not Taxable as Income, but Interest Under Section 234B is Mandatory.

The appeal by the Revenue under the Income Tax Act, 1961, challenged the order of the Income Tax Appellate Tribunal (ITAT) for the assessment year 199...

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Bombay High Court Upholds Sales Tax Levy on Steam at 10% — Steam Not a Chemical Under BST Act, 1959. The court held that steam is not a chemical in common parlance and the burden of proof on the assessee was not discharged.

The applicant, M/s Gopalanand Rasayan, a manufacturer of sulphuric acid and other chemicals, generated steam as a byproduct during manufacturing and s...

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Bombay High Court at Goa Directs Removal of Grounded Vessel and Protection of Shoreline in Public Interest Litigation. Court holds that the vessel constitutes a hazard to navigation and environment, and the State is obligated to remove it and prevent coastal erosion.

The petitioner, The River Princess Hatao Manch, a registered society through its Convenor Mr. Fermino Fernandes, filed a Public Interest Litigation be...

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Bombay High Court Allows Appeal by Employee in Wrongful Termination Case Against Standard Chartered Bank — Industrial Tribunal's Award Restored. Employee's Termination Held Illegal as Bank Failed to Prove Misconduct and Did Not Follow Principles of Natural Justice.

The appellant, Vandana Joshi, was appointed as Personal Financial Consultant by Standard Chartered Bank Ltd. on 2nd May 2006 on a permanent post with ...

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Bombay High Court Dismisses Petition Challenging Abolition of Post and Punishment Orders in Service Dispute. Employer's Prerogative to Abolish Post Upheld Unless Mala Fides Proven, and Disciplinary Actions Found Consistent with Natural Justice.

The petitioner, Jitendra Srivastava, was appointed as Joint Director (Administration) by the second respondent to manage personnel, administration, fi...

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Bombay High Court Dismisses Revenue's Appeal in Income Tax Case Regarding Transaction Charges. Transaction charges paid to stock exchanges are not fees for technical services under Section 194J of the Income Tax Act, 1961, as stock exchanges perform regulatory and administrative functions.

The case involves an appeal by the Commissioner of Income Tax against the order of the Income Tax Appellate Tribunal (ITAT) regarding the assessment y...

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Bombay High Court Quashes FIR in Film Promotion Case for Misuse of Police Commissioner's Name and Emblem. The court held that the advertisement was a promotional gimmick and did not constitute cheating, forgery, or any offence under the Information Technology Act.

The applicants, Sanjay Gupta (a film director and producer) and a company incorporated under the Companies Act, 1956, were named as accused in FIR No....