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Supreme Court Allows Revenue's Appeals in Central Sales Tax Case — No Time Limit for Delivery Under Section 6(2) of CST Act. Circulars Imposing Timeframe for Taking Delivery from Carrier Quashed as Ultra Vires.

The Supreme Court dealt with four civil appeals involving a common question of law under Sections 3 and 6 of the Central Sales Tax Act, 1956 (CST Act)...

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Bombay High Court Allows Appeal in SARFAESI Act Case — Plaint Rejection Upheld for Lack of Civil Court Jurisdiction. Dispute over mortgaged properties held to be exclusively triable by DRT under Section 34 of SARFAESI Act, 2002.

The case involves two appeals arising from a suit filed by Pooja Ravikumar Nidasoshi and Vandana (plaintiffs) against the Gadhinglaj Urban Co-operativ...

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Bombay High Court Allows Petition of Co-operative Housing Society Against Deputy Registrar's Order Directing Refund of Non-Occupancy Charges. Lease Deed Restrictions and By-laws Upheld; Registrar's Powers Under Section 79(2)(b) Cannot Override Society's By-laws.

The Petitioner, Mistry Park CHS Ltd., a co-operative housing society, challenged orders dated 18 October 2021 and 22 March 2022 passed by the Deputy R...

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Bombay High Court Dismisses Writ Petition Challenging Termination of Bank Officer for Unauthorized Absence. Petitioner's employment terminated under Regulation 19 of Syndicate Bank (Officers') Service Regulations, 1979 for remaining absent without leave for over 90 days.

The petitioner, Rohit Dewan, was appointed as a Senior Manager (FS) by Syndicate Bank on January 7, 2011, governed by the Syndicate Bank (Officers') S...

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Bombay High Court Upholds Capital Gains Treatment for Land Sale by Estate Administrator — Assessee Not a Trader in Land. Surplus from sale of inherited land held as capital gain, not business income, under Income Tax Act, 1961.

The case involved a reference under Section 256(1) of the Income Tax Act, 1961, at the instance of the Revenue, challenging the Tribunal's decision th...

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Gujarat High Court Quashes Reassessment Notice Under Section 153C of Income Tax Act for Non-Supply of Satisfaction Note. Failure to Provide Satisfaction Note Recorded by the Assessing Officer Violates Principles of Natural Justice and Renders the Notice Invalid.

The petitioner, Nirma Limited, received funds from Siddhi Vinayak Cement Private Limited during Financial Years 2009-10 to 2011-12 by way of share app...