Search Results for "carry forward and set off"

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Bombay High Court Allows Appeals by Acquiring Body in Land Acquisition Compensat...
Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Bombay High Court Dismisses Writ Petition Challenging Concurrent Findings in Sui...
Supreme Court Enhances Child Maintenance and Grants Interim Medical Maintenance ...
Supreme Court Upholds Refusal to Eschew Proof Affidavit in Probate Proceedings. ...

Search Results for "carry forward and set off"

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High Court

High Court of Karnataka Allows Assessee's Appeal in Income Tax Case — Disallowance of Carry Forward of Depreciation and Set Off of Business Losses Set Aside. The Court held that the assessment order was barred by limitation under Section 153 of the Income Tax Act, 1961, as it was passed beyond the prescribed period for the assessment year 1987-88.

17 Nov 2015

The appellant, M/s. Rajeshwari Cotton Ginning and Pressing Industries, a registered firm engaged in the business of purchase and sale of lint, ginning...

High Court

High Court of Karnataka Dismisses Revenue's Appeal in Income Tax Case — Disallowance of Interest on Funds Advanced to Sister Concern Not Justified When Own Funds Exceed Advances. The court upheld the Tribunal's finding that no disallowance under Section 36(1)(iii) of the Income Tax Act, 1961 is warranted when the assessee's own funds are sufficient to cover advances to sister concerns.

7 Oct 2015

The case involves appeals filed by the Revenue under Section 260A of the Income Tax Act, 1961, against the common order of the Income Tax Appellate Tr...

Supreme Court

Supreme Court Upholds Transaction as Mortgage and Denies Rendition of Accounts in Transfer of Property Act Case. Arrangement with Debt and Security for Repayment Classified as Mortgage Under Section 58, and Receipts in Lieu of Interest Contract Exempts Mortgagee from Liability to Account Under Section 77.

23 May 1958

The dispute arose from a document executed by the original owner (mortgagor) hypothecating an eight annas share in a village to secure a debt of Rs. 2...

High Court

Bombay High Court Acquits Appellants in Gang Rape Case Due to Inconsistent Evidence and Lack of Independent Witnesses. Conviction under Section 376(2)(g) IPC Set Aside as Prosecution Failed to Prove Guilt Beyond Reasonable Doubt.

26 Sep 2017

The case pertains to an appeal against the conviction of two appellants, Prafulla Vinayak Nage and Atul Shrikrishna Bhadake, under Section 376(2)(g) (...

High Court

Bombay High Court Allows Appeal in Income Tax Derivative Loss Set-off Case. Loss from derivatives trading on recognized stock exchange held not speculative under Section 43(5)(d) of Income Tax Act, 1961, and can be set off against other business income under Section 70.

6 May 2022

The appellant, Souvenir Developers (I) Pvt. Ltd., is a domestic company deriving income from toll collection business and also trading in shares and d...

Supreme Court

Supreme Court Finds Reliance Companies Guilty of Contempt for Breach of Undertakings to Pay INR 550 Crore to Ericsson India Pvt. Ltd. The court held that the undertakings making payment conditional upon sale of assets were contrary to the court's order and constituted wilful disobedience.

20 Feb 2019

The Supreme Court of India dealt with three contempt petitions filed by Ericsson India Pvt. Ltd. against Reliance Communications Ltd., Reliance Teleco...

High Court

Madras High Court Dismisses Appeal by Plaintiff in Suit for Recovery of Money Due to Lack of Sufficient Evidence. Partnership Firm's Claim for Fabric Supplies Fails as Plaintiff Could Not Prove Exact Amount Due.

13 Mar 2026

Textile Connection, a partnership firm, filed C.S.No.29 of 2000 seeking a decree for Rs.39,67,144 with interest at 24% per annum from the defendants, ...

High Court

Bombay High Court Acquits Accused in Corruption Case Due to Lack of Proof of Demand and Acceptance of Bribe. Conviction under Sections 7, 13(1)(d) of Prevention of Corruption Act, 1988 set aside as prosecution failed to establish demand and acceptance beyond reasonable doubt.

12 Jul 2019

The appellant, Mahesh Ramesh Jadhav, was convicted by the Special Judge, Amalner, for offences under Sections 7 and 13(1)(d) of the Prevention of Corr...

High Court

Bombay High Court Dismisses Appeal Seeking Permanent Stay of Winding Up of Svadeshi Mills Company Limited. Section 466 of Companies Act, 1956 does not permit stay of winding up after assets have been sold and substantial progress made in liquidation.

23 Aug 2013

The case concerns an appeal against the dismissal of a company application under Section 466 of the Companies Act, 1956, seeking a permanent stay of t...

High Court

Bombay High Court Upholds Characterizing Order Under Section 60 of Maharashtra Police Act as Administrative; Petition to be Heard by Division Bench. The Division Bench Rules That Externment Appeal Order Does Not Involve Quasi-Judicial Determination and Thus Falls Outside 'Order' Under Rule 18 of Bombay High Court Appellate Side Rules, 1960.

15 Sep 2016

The case arose from a Criminal Writ Petition filed by the petitioner challenging an externment order and the subsequent appellate order confirming the...

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