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Supreme Court Allows Revenue's Appeal in Income Tax Case on Unexplained Investment in Silver Bullion. Section 69A of Income Tax Act, 1961 Applicable Where Assessee Fails to Explain Source of Acquisition of Silver Found in Possession.

The present appeals were filed by the Revenue against the judgment of the Rajasthan High Court which allowed the appeals of the assessee, Prakash Chan...

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Supreme Court Allows Appointment of Arbitrator in Dispute Over Encashment of Performance Bank Guarantee After Full Contractual Performance. Arbitration Clause Covers Dispute Despite Completion of Contract and Payment.

The petitioner, M/S Glock Asia-Pacific Ltd., filed an application under Section 11(6) of the Arbitration and Conciliation Act, 1996, seeking appointme...

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Supreme Court Allows Appeals of Forest Guards in Promotion Dispute — Circular Revocation Invalid Without Proper Rescission. State Government's Order Dated 14.05.2009 Did Not Revoke Earlier Circular of 17.10.1977; Subsequent Revocation Order Dated 11.06.2012 Was Not Given Retrospective Effect.

The case involves two appeals by Forest Guards, Omkar Sinha and another, against the State of Chhattisgarh and others, concerning their entitlement to...

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Supreme Court Allows Insured's Appeal in Motor Insurance Claim Case — Policy Extended to Nepal Covers Accident Occurring Therein. Insurer Liable to Indemnify Third-Party Claims Under Motor Vehicle Insurance Policy Despite Territorial Extension Clause.

The appellant, Hem Raj, owned a Mahindra Pick-up vehicle insured with The New India Assurance Co. Ltd. under policy No.36060231130100003910 for the pe...