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Bombay High Court Dismisses Petition Challenging Reassessment Notice Under Section 148 of Income Tax Act for AY 2007-2008. Failure to Assess Consideration Under Distribution Agreement Constitutes Income Escaping Assessment.

The petitioner, Sun Tan Trading Co. Ltd., is engaged in the business of import and distribution of alcoholic beverages in India. It entered into a Dis...

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Bombay High Court Allows Petitioner in Income Tax Reassessment Case Due to Lack of Fresh Material and No Failure to Disclose. Reopening Beyond Four Years Invalid as Revenue Failed to Allege Non-Disclosure Under Section 147 of Income Tax Act, 1961.

The petitioner, Sun Tan Trading Co. Ltd., is engaged in the business of import and distribution of alcoholic beverages in India. It had entered into a...

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Bombay High Court Dismisses Municipal Council's Petition Against Pensionary Benefits for Daily Wagers Made Permanent. Past Daily Wage Service Counts as Qualifying Service for Pension Under Maharashtra Civil Services (Pension) Rules, 1982.

The case involves two writ petitions filed by the Chief Executive Officer of Vita Nagar Parishad, a local authority, challenging the orders of the Ind...

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High Court of Bombay at Goa Allows Appeal in Land Acquisition Compensation Case — Capitalization Method Must Be Adopted When Comparable Sale Instances Are Unavailable. Settlement Report Under Land Revenue Code Can Be Used to Determine Market Value of Agricultural Land.

The case involves an appeal by the landowners, Mr. Avelino Rodrigues and Mrs. Carolina Ana Rodrigues, against the judgment and award dated 04.01.2014 ...

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Bombay High Court Quashes Cross FIRs Between Two Groups of Advocates Over Incident at Police Station. Both FIRs Found Vague and Amounting to Abuse of Process of Law Under Section 482 CrPC.

The case involves two criminal applications filed under Section 482 of the Code of Criminal Procedure, 1973, seeking quashing of two cross FIRs regist...

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High Court of Bombay Dismisses Petition Challenging Arbitral Award in Insurance Dispute — Loss of Profit Claim Rejected Due to Flood Exclusion Clause. The court upheld the arbitrator's finding that 'inundation' was excluded under the Loss of Profit (Fire) Policy, and the claim was not maintainable.

The petitioner, Agrocel Industries Pvt. Ltd., was engaged in the production of Marine Chemical Bromine and had availed a 'Loss of Profit (Fire) Policy...

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Bombay High Court Dismisses Petition to Restrain Bank Guarantees in Construction Contract Dispute. Court holds that invocation of bank guarantees cannot be injuncted except in cases of fraud or irretrievable injustice, and no such case was made out.

The petitioner, Ahluwalia Contracts (India) Ltd., filed a petition under Section 9 of the Arbitration and Conciliation Act, 1996, seeking interim reli...