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High Court of Bombay Dismisses ONGC's Challenge to Arbitral Award in Contract Dispute with Western Geco International Ltd. — Delay in Payment of Mobilization Advance Constituted Breach by ONGC, Entitling Contractor to Damages of US$ 2,936,607.82.

The case involves a challenge by Oil & Natural Gas Corporation Ltd. (ONGC), a public sector undertaking, against an arbitral award dated 4-2-2005 made...

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Bombay High Court Dismisses Appeal Against CESTAT Remand Order in Central Excise Refund Claim — No Substantial Question of Law Arises. Tribunal's Remand for Fresh Adjudication with All Issues Kept Open Does Not Give Rise to Appealable Question Under Section 35G of Central Excise Act, 1944.

The appellant, Oil & Natural Gas Corporation Ltd., filed a refund claim under Section 11B of the Central Excise Act, 1944. The Assistant Commissioner ...

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High Court of Karnataka Allows Appeal by Tax Recovery Officer in Income Tax Recovery Matter — Notices Under Section 226(3) Upheld. General Power of Attorney Does Not Confer Ownership of Bank Accounts, and Attachment Notices to Banks Are Valid Against the Account Holder.

The case involves an appeal by the Tax Recovery Officer (TRO) and the Commissioner of Income Tax against an order of a Single Judge of the Karnataka H...

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Supreme Court Dismisses Revenue's Appeal in Income Tax Matter — Assessee Entitled to Section 25(4) Benefit. Business Was Carried on at Commencement of Amendment Act 7 of 1939, as Determined from Partnership Deed and Interpretation of Commencement Under General Clauses Act.

The dispute arose under the Indian Income Tax Act, 1922, concerning the entitlement of the assessee firm to exemption under section 25(4) for the asse...

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Supreme Court Dismisses Appeal Against Levy of Timber Tax Under Calicut City Municipal Act 1961. Court Holds Section 126 Must Be Read Down to Tax Only Entry of Timber for Consumption, Use or Sale Within Municipal Limits, Consistent with Entry 52 List II Constitution.

The appeals arose from a group of petitions filed before the Kerala High Court challenging the levy of 'timber tax' by the Corporation of Calicut unde...

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Supreme Court Dismisses Contempt Petitions Against WPL in Super Bazar Revival Case — No Willful Disobedience of Orders Found. Revival Scheme Implemented Under Court Supervision; Payments Made as Directed.

The judgment pertains to contempt petitions filed against M/s Writers and Publishers Pvt. Ltd. (WPL) alleging willful disobedience of court orders in ...

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Gujarat High Court Quashes Department's Appeal Order in GST Refund Case Due to Lack of Speaking Order. Refund Sanction of Rs.8,83,232/- Restored as Appellate Authority Failed to Consider Documentary Evidence and Violated Principles of Natural Justice Under CGST Act, 2017.

The petitioner, M/s Acco Logistics and Forwarding, filed a refund application on 12.02.2024 which was sanctioned by the adjudicating authority on 21.0...

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Bombay High Court Dismisses Promoter's Appeal in RERA Delayed Possession Case, Upholds Allottees' Right to Interest. Section 18 of RERA Overrides Section 55 of Contract Act; Acceptance of Delayed Possession Does Not Waive Right to Compensation.

The case involves a Second Appeal filed by CCI Projects Private Limited (the promoter) against the judgment of the Maharashtra Real Estate Appellate T...