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Bombay High Court Allows Revenue's Appeal in Transfer Pricing Case — Royalty on Bad Debts Not Deductible Without Actual Sales. ITAT erred in deleting disallowance of royalty paid on bad debts where software did not work, as no sale occurred.

The case involves an appeal by the Commissioner of Income Tax under Section 260A of the Income Tax Act, 1961, against an order of the Income Tax Appel...

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Bombay High Court Dismisses State's Writ Petition Challenging Enhanced Compensation in Land Acquisition Case. Court upholds Reference Court's award of Rs. 3,00,000 per hectare based on potential value and comparable sales under Section 18 of the Land Acquisition Act, 1894.

The State of Maharashtra filed a writ petition under Article 227 of the Constitution challenging the judgment and award dated 30th April 2014 passed b...

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Bombay High Court Dismisses Acquiring Body's Appeal in Land Acquisition Compensation Enhancement. Compensation for playground land enhanced from Rs.30 to Rs.102 per sqm based on comparable sales and location advantages under Land Acquisition Act, 1894.

The appellant, Village Panchayat of Collem, challenged the judgment and award dated 13.01.2010 passed by the Reference Court in Land Acquisition Case ...