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High Court of Karnataka Allows Appeal in Income Tax Case — Capital Gain Not Included in Book Profit Under Section 115JB. Income from capital gain on sale of land held as investment cannot be included in book profit for MAT purposes under Section 115JB of the Income Tax Act, 1961.

The appeal was filed by Sri Hariram Hotels (P) Ltd. against the order of the Income Tax Appellate Tribunal (ITAT), Bangalore Bench, relating to the as...

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Supreme Court Examines Binding Effect of UGC Regulations on State Educational Institutions in Batch of Civil Appeals. The Court Considers Whether UGC Regulations on Pay Scales and Superannuation Age Apply to State-Operated Universities Under the UGC Act, 1956.

The Supreme Court of India heard a batch of civil appeals, writ petitions, and transferred cases involving common questions of law and fact. The centr...

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Supreme Court Constitution Bench Examines Applicability of Part I of Arbitration Act, 1996 to Foreign-Seated Arbitrations. Reference Arises from Conflicting Views in Bhatia International and Venture Global Engineering.

The Supreme Court of India, by a reference order dated 16 January 2008, directed the listing of Civil Appeal No. 7019 of 2005 and connected matters be...

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Bombay High Court Considers Service Protection Claims in Caste Invalidation Cases After Supreme Court Overrules Full Bench Decision. Supreme Court in FCI v. Jagdish Balaram Bahira Overrules Arun Sonone, Potentially Denying Protection to Petitioners Whose Scheduled Tribe Certificates Were Invalidated.

The judgment arose from a batch of writ petitions filed before the Bombay High Court, Nagpur Bench, wherein petitioners sought protection in service a...

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Bombay High Court Examines Legality of Deletion of 58 Members from Voters List of Cooperative Society Without Prior Notice. Court Considers Whether Mandatory Landholding Requirement Under Model Bye-Laws and 97th Constitutional Amendment Overrides Need for Formal Membership Cancellation Procedure.

The matter arose from a writ petition before the High Court of Judicature at Bombay, Bench at Aurangabad, filed by Santosh Thorbole, a member of Vivid...

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Karnataka High Court Hears Appeal Against Interim Stay of Excise Rule Amendments. State Challenges Ad Interim Order Staying Amended Rules 5 and 5-A of Karnataka Excise (Sale of Indian and Foreign Liquor) Rules, 1968, Introduced by Second Amendment Rules, 2025.

The State of Karnataka filed a writ appeal under Section 4 of the Karnataka High Court Act, 1961 against an ad interim order dated 25.11.2025 passed b...