Search Results for "Voluntary Payments"

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Bombay High Court Dismisses Petition of Retired Employees in Gratuity Computation Case. Court upholds Controlling Authority's order based on last drawn wages and rejects interest claim.

The petitioners, three retired employees of Hindustan Antibiotics Ltd., filed a writ petition challenging the orders of the Controlling Authority and ...

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Supreme Court Upholds NCLAT Order in Insolvency Resolution Plan Approval Under Insolvency and Bankruptcy Code, 2016. Resolution Plan Found Compliant with Section 30(2) and Binding on All Stakeholders Despite Pending Creditor Claim Challenges.

The appeal arose under Section 62 of the Insolvency and Bankruptcy Code, 2016, against a judgment dated 4 January 2021 of the National Company Law App...

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Supreme Court Dismisses PIL Seeking National Plan Under Disaster Management Act for COVID-19 Pandemic. Existing National Disaster Management Plan and Funds Held Sufficient for Pandemic Response.

The writ petition was filed as a public interest litigation by the Centre for Public Interest Litigation seeking directions to the Union of India to p...

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Bombay High Court Dismisses Revenue's Appeal in Severance Pay Amortization Case. ITAT's order allowing amortization of severance pay under Section 35DDA of Income Tax Act, 1961 upheld despite cessation of business.

The Commissioner of Income Tax-7, Mumbai appealed against the order of the Income Tax Appellate Tribunal (ITAT) dated 5th September 2011, which allowe...

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Bombay High Court Dismisses Review Application by Vidarbha Cricket Association in Pension Dispute. Writ Petition Maintainable Against Society Performing Public Functions Under Article 226 of Constitution of India.

The judgment concerns a Miscellaneous Civil Application filed by Vidarbha Cricket Association (VCA) seeking recall/review of an order dated 09.08.2012...

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Bombay High Court Upholds Penalty for FEMA Violations in Bogus Export Case — Appellant Director Held Liable for Receiving Remittances Without Actual Exports Under Sections 3(b) and 3(d) of FEMA.

The case involves an appeal under Section 35 of the Foreign Exchange Management Act, 1999 (FEMA) against an order of the Appellate Tribunal for Foreig...

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Bombay High Court Dismisses Petition for Extension of Time Under Voluntary Disclosure Scheme 1997 — Tax Paid Beyond Stipulated Period Invalidates Declaration. Section 67 of the Finance Act, 1997 Mandates Full Payment Within Three Months; No Power to Extend Time.

The petitioner, Sitaram Jayramdas Shethi Miraj, filed a declaration under the Voluntary Disclosure Scheme 1997 on 25th December 1997, disclosing an in...

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Bombay High Court Dismisses Petitioner in Voluntary Disclosure Scheme Case for Late Payment of Tax. Tax Payment Beyond Three-Month Period Under Section 65(2) of Voluntary Disclosure Scheme 1997 Invalidates Declaration.

The petitioner, M/s. Hansraj Meghraj Rajpal, filed a declaration under the Voluntary Disclosure Scheme 1997 on 23 November 1997, disclosing an income ...