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Bombay High Court Directs CBI Investigation into Alleged Fraud in Collection of Funds for Kargil War Heroes. The court found prima facie evidence of misappropriation of public funds collected for war heroes and directed an independent probe by CBI under the Code of Criminal Procedure.

The Bombay High Court was hearing two Public Interest Litigations (PILs) that raised serious issues regarding illegalities and irregularities in the c...

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Bombay High Court Upholds Constitutional Validity of MVAT Provisions on Input Tax Credit Reversal for Capital Goods Sold as Scrap. Section 48(5) of MVAT Act, 2002 and Rule 58A of MVAT Rules, 2005 held intra vires the Constitution and not ultra vires the parent Act.

The judgment concerns a batch of writ petitions filed by various companies challenging the constitutional validity of Section 48(5) of the Maharashtra...