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Bombay High Court Dismisses Revenue Appeal in Raymond Ltd. Tax Case — Multiple Disallowances Deleted by ITAT Upheld. Pre-operative expenses, technical know-how payments, debenture issue costs, and lease rent deductions allowed as revenue expenditure under Income Tax Act, 1961.

The Commissioner of Income Tax-2, Mumbai (Revenue) appealed against the decision of the Income Tax Appellate Tribunal (ITAT) dated 22 March 2007 for A...

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ARBITRATION PETITION NO.549 OF 2013

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Bombay High Court Dismisses Revenue's Appeal in Income Tax TDS Case — Wheeling and Transmission Charges Not Rent Under Section 194I. Payments for Use of Transmission Lines Held Not Rent as No Transfer of Possession or Right to Use Occurs.

The case involves an appeal by the Commissioner of Income Tax (TDS) against the order of the Income Tax Appellate Tribunal (ITAT) which held that whee...

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Supreme Court Enhances Compensation for Motor Accident Death - Widow and Six Dependents Granted Additional Rs. 2,22,180/- Over High Court Award - Income Reassessment, Multiplier Correction, and Conventional Heads Properly Awarded Under Motor Vehicles Act

The Supreme Court enhanced the compensation awarded to the dependents of Sobran Singh who died in a motor accident at age 33. The Court reassessed the...

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Gujarat High Court Enhances Compensation for Legal Heirs of Deceased Workman in Industrial Dispute Case. Labour Court's Award of Rs. 50,000 Modified to Rs. 1,50,000 Considering Length of Service and Inflation Under Industrial Disputes Act, 1947.

The petitioner, Shree Damubhai Anajubhai Chaudhari, was employed as a Watchman with the respondent from 1988 to 22.6.2011. During his service, he was ...

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Bombay High Court Quashes Recovery Order Against Retired Employee in Leave Encashment Dispute — Recovery of Mistaken Payment from Gratuity Held Unjust. Petitioner's Leave Encashment Payment Was Not Mistaken as Government Resolution Did Not Apply to Non-Teaching Staff of Social Work Colleges.

The petitioner, Prakash Suryabhanji Ninghot, was appointed as a Peon on 01.10.1982 with respondent 5-College, a 100% grant-in-aid Social Work college....

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Writ Petition Challenging Review Orders on MVAT Refund Adjustments Quashed by Bombay High Court. Bombay High Court invalidates review orders under Section 15 of the Maharashtra Settlement of Arrears of Taxes Act due to lack of jurisdiction, directing refund of Rs. 2.72 crores with interest.

The Bombay High Court quashed review orders issued under Section 15 of the Maharashtra Settlement of Arrears of Taxes Act, 2022 (Settlement Act). The ...