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Supreme Court Allows Filing of Revised Income Tax Returns After Due Date in Amalgamation Case — Holds That NCLT-Approved Scheme Overrides Procedural Timelines Under Income Tax Act. Clause 64(c) of the Scheme Permitting Revised Returns Has Statutory Force and Department Cannot Reject Them as Invalid.

The Supreme Court allowed the appeals filed by M/s Dalmia Power Limited and M/s Dalmia Cement (Bharat) Limited against the judgment of the Division Be...

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Bombay High Court Allows Writ Petitions Challenging PMLA Attachment — Section 32A IBC Immunity Overrides Provisional Attachment Order Under PMLA. Resolution Plan Approved for Corporate Debtor Shields Assets from Enforcement Directorate's Attachment.

The judgment concerns two writ petitions: one by individuals (Shiv Charan, Pushpalata Bai, and Bharti Agarwal) challenging a provisional attachment or...

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Bombay High Court Dismisses Petitions Challenging No-Confidence Motion Against Sarpanch. Notice Signed by Majority of Total Members of Grampanchayat is Valid Under Section 55(2) of the Maharashtra Zilla Parishads and Panchayat Samitis Act, 1961.

The case involves two writ petitions filed by Shivkant Bangar and Gavlan Tekale challenging the no-confidence motion passed against the Sarpanch of Gr...