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Writ Petition No. 3410 of 2004

The High Court of Judicature at Bombay, Aurangabad Bench, heard two writ petitions together. The petitioners, former Branch Manager and Accountant of ...

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High Court of Karnataka Allows Writ Petitions Challenging Third Delegation of Voting Rights in Cooperative Society Elections; Aggregation of Delegations Under Different Cooperative Enactments Held to Trigger Bar Under Section 21 of Karnataka Co-operative Societies Act, 1959.

These three writ petitions, filed under Articles 226 and 227 of the Constitution, were heard together by the Karnataka High Court, Dharwad Bench. The ...

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Bombay High Court Upholds Deemed Dividend Tax Treatment of Advance to Shareholder Under Section 2(22)(e) Income-tax Act, 1961. Shareholder's Advance Used for Personal Income-tax Under Kar Vivad Samadhan Scheme Not Business Purpose Constitutes Deemed Dividend.

The dispute arose under Section 260A of the Income-tax Act, 1961 against an order of the Income-tax Appellate Tribunal, Pune Bench, dated 31 March 200...

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Bombay High Court Hears Writ Petition Challenging Taxability of Interest Received on Enhanced Motor Accident Compensation. Petitioner Claims Interest is Capital Receipt and Not Taxable; Revenue Relies on Sections 56(2)(viii) and 145A(b) of Income Tax Act, 1961.

The petitioner, a 48-year-old man rendered paraplegic and bedridden since a road accident at age 8, filed a writ petition challenging the taxability o...

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Supreme Court Quashes Proceedings Against Former Directors in Cheque Dishonour Case Due to Prior Resignation. Directors Cannot Be Held Liable Under Section 141 of Negotiable Instruments Act When Cheques Were Issued After Their Resignation Was Statutorily Recorded in Form 32 Under Companies Act, 1956.

The Supreme Court addressed appeals concerning criminal liability of former directors in cheque dishonour cases under Section 138 of the Negotiable In...