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Bombay High Court Dismisses Revenue's Appeal in Depreciation Claim Case. Depreciation Being Optional Cannot Be Thrust Upon Assessee When There Is Total Loss Under Section 80IB of Income Tax Act, 1961.

The Revenue appealed against the Income Tax Appellate Tribunal's order allowing the assessee's appeal. The assessee, a company engaged in hotel busine...

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High Court of Karnataka Quashes Disciplinary Proceedings Against KSRTC Employee for Lack of Authority of Inquiry Officer. Inquiry Officer Appointed by Managing Director Without Delegated Power Under KSRTC (C&A) Regulations, 1971, Rendering Proceedings Void Ab Initio.

The petitioner, R.A. Nagendranath, a Chief Mechanical Engineer with KSRTC, challenged the legality of an order dated 14-1-2016 passed by the Managing ...

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Bombay High Court Dismisses Tenant's Civil Revision and Upholds Eviction in Bombay Rent Control Case. Unlawful Subletting Through Grant of Licence Found Under Section 13(1)(e) of Bombay Rents, Hotel and Lodging House Rates Control Act, 1947.

The dispute centered on the eviction of a tenant from a shop in Mumbai under the Bombay Rents, Hotel and Lodging House Rates Control Act, 1947. The la...

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Bombay High Court Hears Appeal Against Dismissal of Notice of Motion in MOFA-MMRDA Dispute. Flat Purchasers Claimed MOFA Rights on Land Owned by MMRDA and Leased to Developer, Which Respondents Disputed as Excluded Under MMRDA Act.

This appeal before the Bombay High Court arose from the dismissal of a Notice of Motion by a learned Single Judge in a suit concerning a plot of land ...

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Supreme Court Examines Bona Fides of Insolvency Proceedings by Telecom Service Providers to Avoid AGR Dues. The Court held that AGR dues are final and no fresh disputes can be raised, and directed examination of whether insolvency proceedings under IBC are a subterfuge.

The Supreme Court was hearing applications in the ongoing AGR dues matter, where the Union of India sought extension of time for payment. The Court ha...

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Supreme Court Examines Bona Fides of Insolvency Proceedings by Telecom Service Providers to Avoid AGR Dues. The Court held that no fresh dispute on AGR dues can be raised after final judgment and that spectrum cannot be subject of IBC proceedings.

The Supreme Court was hearing miscellaneous applications in the ongoing litigation concerning the definition of Adjusted Gross Revenue (AGR) and the p...