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Bombay High Court Partly Allows Appeals Against Reference Court's Compensation Award in Land Acquisition Cases. Enhancement of Compensation for Irrigated Agricultural Lands Based on Comparable Sale Instances under Land Acquisition Act, 1894.

The judgment arose from a group of first appeals filed by land owners challenging the compensation awarded by the Reference Court for agricultural lan...

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High Court Allows Assessee's Appeal in Modvat Credit Dispute — Capital Goods Credit Denial Set Aside. Rule 57Q of Central Excise Rules, 1944 interpreted to allow credit on capital goods used in manufacture of final products, even if not directly used in the manufacturing process.

The appellant, M/s. Reliance Industries Ltd., is engaged in the manufacture of various chemical products at its Hazira Manufacturing Complex. The comp...