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Bombay High Court Dismisses Sales Tax Reference by Dealer in Setoff Disallowance Case. Rule 41D of Bombay Sales Tax Rules, 1959 restricts setoff to raw materials and consumable stores, not capital assets like scientific equipment used for research and development.

The case is a sales tax reference under Section 61 of the Bombay Sales Tax Act, 1959, arising from an order of the Maharashtra Sales Tax Tribunal date...

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Bombay High Court Allows Writ Petition Declaring Reservation Lapsed Under MRTP Act for Failure to Acquire Land Within 12 Months of Purchase Notice. Land Reserved for Parking Released as Authorities Took No Steps After Purchase Notice Under Section 127 of Maharashtra Regional and Town Planning Act, 1966.

The petitioners, owners of land bearing CTS No. 352 & 352A, Final Plot No. 131/1, 131/2 in Nashik, filed a writ petition under Article 226 of the Cons...

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High Court of Karnataka Considers Legality of Penalty Imposed Under Section 10(b) of CST Act for Misuse of C-Forms in Cement Industry. Court Examines Whether Penalty is Sustainable When Purchased Goods Are Included in Registration Certificate and Used for Purposes Other Than Manufacturing.

The High Court of Karnataka, Kalaburagi Bench, heard a sales tax appeal and connected revision petitions concerning the levy of penalty under Section ...

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Bombay High Court Allows Declaration of Lapsed Reservation Under Section 127 of MRTP Act for Land Reserved for Public Primary School Extension. The court held that failure to acquire land within 10 years of purchase notice results in deemed lapse of reservation.

The petitioner, Ramakant Vasudeo Pai, owned land bearing Survey No. 21/2/C, admeasuring 1,170.92 square meters, situated at Lonavala, Pune. The land w...

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Madras High Court Allows Appeal in Contract for Sale of Goods Case — Supplier Failed to Prove Delivery of Machinery. Specific Performance of Contract for Supply of Hydraulic Press Cannot Be Granted Without Proof of Delivery and Acceptance Under Sale of Goods Act, 1930.

The appellant/defendant, M/s. Sri Ranganathar Industries Private Limited, appealed against the judgment and decree of the IV Additional District and S...