Search Results for "Explanation sale"

3098 result(s) found

Scroll Down To Discover

Found 3098 result(s)

© Image Copyrights Juris Services & Technology

Supreme Court Dismisses Appeal of NBFC in Income Tax Dispute on Set-off of Speculation Loss. Principal Business Determined by Actual Activities, Not Registration; Amendment to Explanation to Section 73 Held Prospective.

The appeal arose from a judgment of the Calcutta High Court in an appeal under Section 260A of the Income Tax Act, 1961, concerning the assessment yea...

© Image Copyrights Juris Services & Technology

"Supreme Court's Landmark Decision on Valuation Under Central Excise Act, 1944: Bharat Petroleum vs. Commissioner of Central Excise" "Defining Transaction Value in the Sale of Petroleum Products Between Public Sector Undertakings Under the Central Excise Act."

The judgment clarifies the determination of "transaction value" under Section 4(1) of the Central Excise Act for sales made between public sector oil ...

© Image Copyrights Juris Services & Technology

High Court of Karnataka Dismisses Revision Petition in Cheque Dishonour Case — Conviction and Sentence Upheld. Accused's defence of loan repayment and signature denial rejected due to lack of evidence and admission of signature.

The petitioner, Narasimhan, was convicted under Section 138 of the Negotiable Instruments Act, 1881 by the XXIV Additional Chief Metropolitan Magistra...

© Image Copyrights Juris Services & Technology

High Court of Karnataka Allows Appeal Against Rejection of Plaint in SARFAESI Act Suit — Limitation Period for Challenge to Auction Sale Under Article 137 of Limitation Act Is Three Years from Date of Sale Confirmation

The appellant, R Venkatapathy, filed a suit (O.S. No. 8639/2006) before the City Civil Court, Bangalore, challenging the auction sale of property cond...

© Image Copyrights Juris Services & Technology

Supreme Court Allows Workman's Appeal on Distribution of Company Assets in Liquidation. Holds that Secured Creditors Have Pari Passu Charge Only Over Properties Specifically Charged, Not All Assets; Workmen Have Priority for Uncharged Properties Under Sections 529 and 529A Companies Act, 1956.

The dispute arose from the winding up of U.M.I. Special Steel Limited, a company registered under the Companies Act, 1956. The company became sick, an...