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Bombay High Court Rules in Favor of Insurance Corporation on Deduction of Bad Debt Reserve. Held That Crediting Reserve for Doubtful Debts Constitutes Write-Off Under Section 36(1)(vii) of Income Tax Act, 1961, and Rule 5(a) of First Schedule Does Not Apply.

In this appeal before the Bombay High Court, the assessee, a general insurance corporation, challenged the Income Tax Appellate Tribunal's decision re...

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Bombay High Court Adjudicates Public Interest Litigation on Encroachments on Public Utility Land in Nagpur. Petition Treated as PIL and Notice Issued to Authorities for Removal of Encroachments on Reserved Lands.

The matter involves a public interest litigation filed before the High Court of Judicature at Bombay, Nagpur Bench, by social workers Madhukar Sampatr...

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High Court of Judicature at Bombay Nagpur Bench Adjudicates Public Interest Litigation Seeking Removal of Encroachments on Public Utility Lands in Bezanbag Area; Petition Highlighted Apathy of Authorities in Removing Encroachments on Lands Reserved for Garden, Dispensary, and Educational Purposes.

The Writ Petition (PIL) No. 1515 of 2008, along with Contempt Petition No. 168 of 2014 and Writ Petition No. 123 of 2019, was filed in the High Court ...

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Interpretation Of Manufacturing Process Under Factories Act, 1948 – Business Of Laundry Held To Constitute Manufacturing Process – Premises Deemed A Factory – Order Issuing Process Restored.

a. Definition of manufacturing process under Section 2(k) includes washing and cleaning for delivery and use – Laundry service falls squarely within...