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Bombay High Court Allows Revenue's Appeal in Income Tax Case Regarding Redemption Fine as Business Expenditure. Redemption fine of Rs. 75,00,000 paid for unauthorized import of almonds held allowable as business expenditure under Section 37 of the Income Tax Act, 1961.

The appeal was filed by the Principal Commissioner of Income Tax against the order of the Income Tax Appellate Tribunal (ITAT) which allowed the asses...

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Bombay High Court Quashes FIR in Drugs and Cosmetics Act Case Due to Lack of Territorial Jurisdiction. Petitioner's Premises in Jaipur Raided by Rajasthan Authorities, FIR Registered in Aurangabad Without Sanction Under Section 155 CrPC.

The petitioner, Avadhesh Mukutbihari Sharma, a resident of Jaipur, Rajasthan, filed a Criminal Writ Petition under Articles 226 and 227 of the Constit...

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Bombay High Court Dismisses Petition Challenging Arbitral Award in Film Finance Dispute — No Grounds Under Section 34 of Arbitration and Conciliation Act, 1996 Established. Court Holds That Arbitration Agreement Existed via IMPPA Rules, Notice Was Properly Served, and Award Did Not Exceed Claim.

The petitioner, Mr. Gaurang Doshi, filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996, challenging an arbitral award date...

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Bombay High Court Dismisses Challenge to Arbitral Award in Stock Broker Dispute — No Patent Illegality Found. Claimant's claim for refund of margin money and compensation for unauthorized trades upheld as arbitrator's findings of fact are final under Section 34 of Arbitration and Conciliation Act, 1996.

The judgment concerns two arbitration petitions under Section 34 of the Arbitration and Conciliation Act, 1996, challenging a common arbitral award da...

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Bombay High Court Partially Allows Section 34 Petition Against Arbitral Award in Commodity Trading Dispute — Holds That Arbitral Tribunal Erred in Rejecting Claim for Unauthorized Trades Without Considering Evidence of Unauthorized Transactions.

The petitioner, Mrs. Kaberi Mondal, filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996, challenging portions of an arbitr...

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High Court of Karnataka Quashes Visa Extension Rejection for Yemeni National Due to Non-Application of Mind and Violation of Natural Justice. The court directed reconsideration of visa extension application considering force majeure and medical reasons.

The petitioner, a Yemeni national, came to India in 2013 on a student visa valid until 06-08-2014. He could not complete his studies due to language b...