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Bombay High Court Allows Refund of CVD Paid on Imported Mobile Phones Under Exemption Notification. The court held that the exemption notification No.12/2012-Customs applies to imports and directed reconsideration of refund claims subject to verification of unjust enrichment.

The petitioner, Micromax Informatics Limited, a company registered under the Companies Act, imported mobile handsets during July 2014 to June 2015 and...

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Madras High Court Allows Appeals of Shareholders in Capital Receipt Case — One Million Euros Received from Vedior NV Held Exempt as Capital Receipt. Compensation for Loss of Right of First Refusal and Non-Compete Agreement Treated as Capital Receipt Not Chargeable to Tax Under Income Tax Act, 1961.

The case involves two appeals by shareholders (K. Pandiarajan and R. Hemalatha) against the order of the Income Tax Appellate Tribunal (ITAT) which up...

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Bombay High Court Confirms Death Sentence of Gang Leader in MCOCA Kidnapping and Murder Case. Conviction under MCOCA and IPC for kidnapping for ransom and murder upheld, but co-accused's death sentence commuted to life imprisonment due to lesser role.

The judgment arises from a confirmation case and appeals against the conviction and death sentence of five accused persons under the Maharashtra Contr...

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High Court of Karnataka Allows Workman's Petition for Full Back Wages and Dismisses Management's Petition in Industrial Dispute — Labour Court's Award Modified to Grant Full Back Wages from Date of Demand Notice.

The case involves two writ petitions arising from an award dated 22.10.2013 passed by the I Additional Labour Court, Bengaluru in I.D. No.428/2006. Th...