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Supreme Court Allows NCDC's Appeal in Income Tax Dispute Over Deduction of Grants as Revenue Expenditure. Grants disbursed by a statutory corporation as part of its business are deductible under Section 37 of the Income Tax Act, 1961, regardless of the capital nature of the source funds.

The National Co-operative Development Corporation (NCDC), established under the National Co-operative Development Corporation Act, 1962, is a statutor...

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Bombay High Court Dismisses Petition Challenging Shifting of CL III License for Restaurant and Bar Abutting National Highway. Petitioner's Objection Based on Distance from Religious Place Rejected as License Was Already Granted and No Statutory Violation Found.

The petitioner, Rahul Giridhar Pathade, a resident of Village Peth, District Nashik, filed a writ petition challenging three orders: (i) order dated 0...

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Bombay High Court Dismisses Appeal Against Acquittal in POCSO Case Due to Inconsistent Evidence and Delayed FIR. Acquittal of accused for rape and sexual assault upheld as prosecution failed to prove guilt beyond reasonable doubt.

The appellant, original complainant, filed an appeal under Section 372 of the Code of Criminal Procedure, 1973 against the judgment and order dated 13...

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Bombay High Court Quashes Reassessment Notice in Income Tax Case for Lack of Fresh Material. Reopening of Assessment Under Section 147 of Income Tax Act, 1961 Invalid When Based on Same Material Already Considered in Original Assessment.

The petitioner, Siemens Financial Services Pvt Ltd, a Non-Banking Finance Company registered with RBI, filed its return of income for Assessment Year ...

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Bombay High Court Dismisses Habeas Corpus Petition by Father for Custody of Minor Child from Mother. Habeas Corpus Not Maintainable When Child in Lawful Custody of Mother; Proper Remedy Under Guardians and Wards Act, 1890.

The petitioner, Richard Alexander Geary, a UK citizen, married respondent No. 2, Aishvarya Krishnan Geary, an Indian citizen, in New York on 26 Decemb...

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Bombay High Court Quashes Termination of Contract in Municipal Tender Dispute — Unilateral Termination Without Notice and Opportunity of Hearing Violates Principles of Natural Justice. Contract Termination Set Aside as Arbitrary and Unreasonable Under Article 226 of the Constitution of India.

The petitioner, K.I.P.L. Vistacore Infra Projects J.V., a partnership firm, was awarded a contract by the Ichalkaranjee Municipal Council for a projec...