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Supreme Court Dismisses Assessee's Appeal in Income Tax Deduction Case Under Section 43B Explanation 3C. Interest Converted into Debentures Not Deemed Actually Paid as Per Retrospective Amendment, Disallowing Deduction Under Income Tax Act, 1961.

The dispute arose from an appeal by M.M. Aqua Technologies Ltd. against the Commissioner of Income Tax, Delhi-III, concerning the interpretation of Se...

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Bombay High Court Examines Claim of Automatic Lapsing of Land Reservation Under Section 49(7) of the Maharashtra Regional and Town Planning Act, 1966. Petitioners Argued That Failure to Acquire Land Within Prescribed Period After Purchase Notice Entitled Them to Release From Reservation.

The petitions arose from the reservation of land in Andheri, Mumbai, for a public garden under successive development plans. The petitioner, Mehtab La...

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SPECIAL CASE NO. 3 OF 2001

The Special Court (Trial of Offences Relating to Transactions in Securities) Act, 1992, presided over by Justice Roshan Dalvi, heard Special Case No. ...

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Bombay High Court Examines Legality of Preventive Detention Under MPDA Act for Alleged Dangerous Activities. Non-Furnishing of Proforma FIR Not Fatal, but Discrepancy in Translated Grounds Found Factually Well Grounded.

The petitioner, a detenue, challenged a preventive detention order dated 12.05.2021 passed by the Commissioner of Police, Solapur under Section 3(2) o...

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KAHC010005522012_1

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High Court of Karnataka Dismisses PIL Challenging APMC Market Fee Exemption for Farmers. Exemption notification under Section 63 of Karnataka APMC Act, 1966 held valid and not violative of Article 14.

The petitioners, who are traders and commission agents in the Agricultural Produce Market Committee (APMC) yard at Tiptur, filed a Public Interest Lit...

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Bombay High Court Adjudicates Enforcement of Foreign Arbitral Award in Joint Venture Dispute. Petition Seeks Enforcement Under Section 48 of Arbitration Act; Allegations Include Breach of JVA and Conflict of Interest.

The petitioner, an Italian company engaged in cable manufacturing, entered into a Joint Venture Agreement dated 19th January 2010 with the respondents...