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Supreme Court Upholds Validity of Section 17(2)(viii) of Income Tax Act and Rule 3(7)(i) of Income Tax Rules in Bank Employee Loan Perquisite Case. Delegation of Power to Prescribe Fringe Benefits Held Not Excessive and Use of SBI Prime Lending Rate as Benchmark Upheld as Non-Arbitrary.

The Supreme Court, in a common judgment, dismissed appeals filed by staff unions and officers' associations of various banks challenging the constitut...

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Bombay High Court Dismisses Petition Challenging Eviction Order in Slum Rehabilitation Project — Petitioner's Right to Hearing Not Violated as Adjournment Sought on Ground of Illness Not Supported by Medical Certificate.

The petitioner, Madhukar Shankar Parsekar, filed a writ petition under Article 226 of the Constitution of India before the Bombay High Court challengi...

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Bombay High Court Dismisses Tenant's Petition in Eviction Suit for Bonafide Requirement of Landlord. Concurrent Findings of Fact on Bonafide Requirement and Greater hardship Under Section 13(1)(g) of Bombay Rents, Hotel and Lodging House Rates Control Act, 1947 Upheld.

The petitioner, original defendant, was a tenant in a shop owned by the respondents, original plaintiffs. The plaintiffs filed a suit for eviction on ...