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Bombay High Court Quashes Reassessment Notices in Income Tax Case Due to Lack of Independent Application of Mind by AO. Dividend Stripping Provision Under Section 94(7) of Income Tax Act, 1961 Not Applicable Where Assessee Suffered Net Loss on Sale of Mutual Fund Units Exceeding Dividend Received.

The petitioner, Karan Maheshwari, an individual investor in shares, stocks, securities, and mutual funds, challenged a show cause notice dated 20 Augu...

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Bombay High Court Quashes FIR in Land Dispute Case Due to Civil Nature and Malafide Prosecution — Criminal proceedings under Sections 442, 323, 504, 506, 427 IPC quashed as the dispute was essentially civil and the FIR was filed with malafide intent to harass the applicants.

The applicants, Raghunath Udelal Mahale and three others, filed a criminal application under Section 482 of the Code of Criminal Procedure, 1973 (CrPC...

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Bombay High Court Acquits Accused in Murder Case Due to Lack of Credible Evidence and Unreliable Witnesses. Conviction under Section 302 IPC set aside as prosecution failed to prove guilt beyond reasonable doubt.

The appellant, Naresh Shamrao Yuvnate, was convicted by the Additional Sessions Judge, Amravati, for the murder of his wife under Section 302 IPC and ...

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High Court of Madras Enhances Compensation for Death of Motorcyclist in Road Accident, Upholds Insurance Company's Liability. The Court applied multiplier of 16, added 40% future prospects, and awarded Rs. 22,95,000 with 7.5% interest.

The case arises from a motor accident that occurred on September 28, 2018, when the deceased, Vijayakumar, aged 34, was riding his motorcycle from Kod...

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KAHC010822332025_1

The Division Bench of the High Court of Karnataka heard two intra-court writ appeals filed by M/s MP24 Construction Company, the lead member of a cons...

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Bombay High Court Hears Writ Petition Challenging Grant of Alewadi Port Project to Third Party Under Maharashtra Maritime Board Policies. Petitioner Alleges Arbitrary Treatment and Non-Consideration of Original Proposal Contrary to Port Policies.

The dispute concerns the development of a multipurpose port at Alewadi in Maharashtra under the state's port policies. Petitioner, a UK-based private ...