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Supreme Court Upholds Revenue’s Assessment — Income from Sale of Naturally Grown Trees Not Agricultural Income. Assessee Must Prove Entitlement to Exemption Under Section 4(3)(viii) of Income-tax Act, 1922; Tribunal’s Finding of Fact Binding.

The dispute concerned the taxability of income derived by the respondent, a proprietor of an estate, from the sale of trees in his forests. The respon...

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Supreme Court Clarifies Scope of Merger Control Disclosure Obligations and Limits of CCI's Powers After Approval. The Court Emphasizes That CCI's Authority Must Be Traced to the Act and That Disclosure Must Present the Transaction in Substance.

The case arises from an appeal under Section 53T of the Competition Act, 2002, filed by Amazon.com NV Investment Holdings LLC before the Supreme Court...

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Karnataka High Court Examines Whether Accused in Negotiable Instruments Act Case Can Give Evidence by Affidavit. Court Considers Application for Quashing of Proceeding Permitting Accused's Affidavit and Rejection of Section 311 Cr.P.C. Application.

The petitioner, as complainant in a cheque dishonour case under Section 138 of the Negotiable Instruments Act, 1881, sought quashing of the proceeding...

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High Court of Bombay Upholds Chancellor's Appointment of Acting Vice-Chancellor Under Emergency Provision Despite Lack of Prescribed Qualifications. Court Examined Meaning of 'Suitable' in Section 12(7) of Maharashtra Universities Act, 1994.

This writ petition was filed before the Nagpur Bench of the High Court of Bombay under Article 226 of the Constitution, challenging the appointment of...

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Bombay High Court Admitted Second Appeal on Questions of Law Concerning Insolvency Act and Auction Sale Confirmation. The Court Framed Eight Substantial Questions Involving Interpretation of Provincial Insolvency Act, 1920, Order 21 Rule 92 CPC, and Res Judicata in Tenancy Proceedings.

The matter concerned a long-standing insolvency dispute dating back to 1959. Roopsingh Chainsingh Ture filed Insolvency Application No.12 of 1959 befo...

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Bombay High Court Allows Writ Petitions Challenging Departmental Promotion Committee Recommendations in Postal Department Recruitment. Court Holds That Candidates Who Were Not Considered for Promotion Due to Non-Inclusion of Their Names in the Zone of Consideration Must Be Considered Afresh.

The petitioners, a group of 86 individuals employed in various capacities such as Postal Assistant, Sorting Assistant, Postman, and Mail Guard in the ...