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Supreme Court Quashes High Bid in Mining Lease e-Auction, Orders Fresh Auction and Penalty. Supreme Court finds error in 140.10% bid to be a genuine mistake, mandates a fresh e-auction while imposing a Rs 3 crore penalty on appellant for lack of due care.

Granted leave to appeal against the judgment of the High Court of Orissa, which dismissed the writ petition of the appellant who had mistakenly placed...

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High Court of Karnataka Dismisses Appeal in Income Tax Reassessment Case — No Substantial Question of Law Arises. Reassessment notice under Section 148 of Income Tax Act, 1961 upheld as validly issued within four years from end of assessment year.

The appellant, M/s. Kanhaiyalal Dudheria, a partnership firm, filed appeals under Section 260A of the Income Tax Act, 1961, against the orders of the ...

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High Court of Bombay at Goa Dismisses Revenue's Appeal in Income Tax Case on Liquidated Damages Deduction. ITAT's deletion of disallowance of ₹6,96,00,000 as liquidated damages upheld as the expenditure was incurred in the relevant assessment year.

The case involves four tax appeals filed by the Principal Commissioner of Income Tax, Goa, under Section 260-A of the Income Tax Act, 1961, against a ...

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Bombay High Court Dismisses Petition Challenging Mining Lease Recommendation Under Section 11(3) of Mines and Minerals Act. The Court upheld the Minister's recommendation for grant of mining lease to respondent no.3, finding no violation of natural justice or procedural irregularity.

The petitioner, M/s Veet Rag Homes Private Limited, challenged the order dated 25.4.2008 of the Minister (Industries & Mining) recommending grant of m...

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Bombay High Court at Goa Dismisses PIL Seeking Ban on Iron Ore Transportation Through Curchorem Town. Petitioners failed to establish legal right or violation of statutory provisions warranting prohibition of mineral transport.

The judgment pertains to a Public Interest Litigation (PIL) filed by five petitioners, including individual residents of Curchorem, Goa, and the Goa F...