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Bombay High Court Dismisses Borrowers' Writ Petition in Cooperative Society Recovery Case Due to Lack of Bona Fides. Petitioners Failed to Repay Loan or Deposit Amount Under One Time Settlement Despite Recovery Certificate Under Section 101 of Maharashtra Cooperative Societies Act, 1960.

The petitioners, Pravin Laxmanrao Chakole and Dipali Pravin Chakole, were borrowers and members of the New Subhedar Nagari Sahakari Pat Sanstha Ltd., ...

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Bombay High Court Allows Petitions of Retired Employees Seeking Pensionary Benefits Under Zilla Parishad and Jeevan Pradhikaran Rules. Court Holds That Prior Service as Daily Wagers Counts Towards Qualifying Service for Pension After Absorption.

The judgment pertains to two writ petitions filed by retired employees of the Zilla Parishad, Latur, and Maharashtra Jeevan Pradhikaran. The petitione...

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Bombay High Court Partially Allows Union of India's Petition Under Section 34 of Arbitration Act, 1996 Against Arbitral Award — Dispute Over Transportation Charges and Detention Claims for Fighter Tanks.

The Union of India filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996 challenging an arbitral award dated 4 October 2012....

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Bombay High Court Dismisses Revenue's Appeal in Income Tax Case — No Substantial Question of Law Arises. Deduction under Section 48(1) and Section 54EC of Income Tax Act, 1961 Allowed as Payments to Sisters and Nieces Were Cost of Acquisition and Investment in REC Bonds Was Valid.

The case involves an appeal by the Revenue under Section 260A of the Income Tax Act, 1961, against the order of the Income Tax Appellate Tribunal (ITA...

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Bombay High Court Dismisses Revenue's Appeal in Income Tax Case — No Substantial Question of Law Arises. Deduction under Section 48(1) and Section 54EC of Income Tax Act, 1961 upheld as payments to sisters and nieces were for clearing overriding title and investment in REC bonds was within time.

The case involves an appeal by the Revenue under Section 260A of the Income Tax Act, 1961 against the order of the Income Tax Appellate Tribunal (ITAT...

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Bombay High Court Partly Allows Appeal by Goa Housing Board Reducing Land Compensation from ₹300 to ₹150 per sq. metre. Large Agricultural Land Acquisition Requires 50% Deduction for Development Charges Under Land Acquisition Act, 1894.

The case involves an appeal by the Goa Housing Board against the Judgment and Award dated 6th December 2011 passed by the Reference Court under Sectio...

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Supreme Court Dismisses Appeal Against Conviction for Rescuing Accused and Causing Hurt to Customs Officers in Santhal Parganas. Sea Customs Act, 1878 Applicable to Scheduled Area Through Imports and Exports Control Act, 1947, and Inspectors Had Authority to Arrest and Seize Cloves as Prohibited Goods.

The matter arose from an incident on 13 December 1961 at Pakur Railway Station in the Santhal Parganas, Bihar. Nazir Mian, one of the appellants, was ...

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Bombay High Court Dismisses Revenue's Appeal in Income Tax Case Regarding Deductions Under Sections 36(1)(vii) and 36(1)(iii) of the Income Tax Act, 1961. Tribunal's order setting aside Commissioner's revision under Section 263 upheld as Assessing Officer had made proper inquiries and formed an opinion.

The appeal was filed by the Pr. Commissioner of Income Tax-14, Mumbai (appellant-revenue) under Section 260-A of the Income Tax Act, 1961, against the...