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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 Allows Claimants' Appeals in Land Acquisition Case for Police Training School — Enhances Compensation from Rs. 150 to Rs. 200 per sq. mtr. Market Value Determined by Comparable Sale Method Under Land Acquisition Act, 1894, with Statutory Benefits of Solatium and Additional Amount.

The case involves appeals under Section 54 of the Land Acquisition Act, 1894, against a common judgment and award dated 08/04/2013 passed by the Refer...

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Bombay High Court Allows Society's Petition in Servant Quarters Eviction Dispute — Cooperative Court Has Jurisdiction Under Section 91 MCS Act. Dispute for recovery of possession of servant quarters from ex-employee held to be touching management of society, not business.

The Bombay High Court allowed a writ petition filed by a cooperative housing society challenging an order of the Cooperative Appellate Court which had...

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Supreme Court Dismisses Union of India's Appeal in IMTRAT Allowance Parity Case. High Court's Clarification on Parity Between Bhutan Compensatory Allowance and Foreign Allowance Upheld as Within Scope of Original Order.

The case involves a dispute over compensatory allowances payable to Indian Military Training Team (IMTRAT) personnel posted in Bhutan. The IMTRAT pers...

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Supreme Court Dismisses Land Acquisition Compensation Appeals Due to Inordinate Delay of 21 Years. Petitioners Failed to Show Sufficient Cause for Condonation of Delay, Special Leave Petitions Dismissed as Barred by Limitation.

The case involves special leave petitions filed by original claimants (landowners) challenging a common judgment dated 2.4.1996 of the Allahabad High ...

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Bombay High Court Dismisses Petition Challenging Developer Selection in Slum Rehabilitation Scheme - Tenants of Municipal Corporation Held Ineligible to Vote. The court upheld the selection of developer by General Body Meeting, finding no procedural irregularity in service of notice or conduct of meeting.

The petitioners, claiming to be eligible slum dwellers, challenged the appointment of Respondent No.7 as developer for a Slum Rehabilitation Scheme on...