Search Results for "Section 13(2) notice"

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Supreme Court Hears Appeal Against High Court's Dismissal of Writ Petition Challenging Departmental Action in Jail Break Case. Case Involves Escape of Four Under-Trials from Burail Jail Through a 94-Foot Tunnel, Leading to FIR and Enquiry Committee Report.

The case concerns the escape of four under-trial prisoners from Model Jail, Burail, Chandigarh, on the night of 21-22 January 2004. The prisoners esca...

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High Court of Karnataka Hears Revenue's Appeals Against ITAT Decision Favoring Assessee on Deduction of Distributable Surplus Payment to Brand Owner. Court Examines Whether Payment is Allowable Under Section 37 of Income Tax Act, 1961 or Constitutes Application of Income or Diversion by Overriding Title.

The present set of five tax appeals arises under Section 260-A of the Income Tax Act, 1961, filed by the Revenue against the common order of the Incom...

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Supreme Court Upholds SEBI Order Against Corporate Giant in Futures Manipulation Case. The Court held that cornering 93.63% open interest through agents and dumping shares to depress settlement price constituted fraud under PFUTP Regulations.

The case involves appeals by Reliance Industries Limited (RIL) against orders of the Securities Appellate Tribunal (SAT) which upheld SEBI's findings ...

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High Court Pronounces Oral Judgment in Cross Appeals Involving Kidnapping, Murder, and Conspiracy Under IPC Sections 364-A, 302, 120-B, 201/34. Both State and Accused Filed Appeals Against Trial Court Conviction and Sentence, With the Accused Challenging the Sufficiency of Circumstantial Evidence.

The present matter concerns two criminal appeals arising from the judgment and order dated 30.11.2018 passed by the Additional Sessions Judge, Chandra...

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Madras High Court Quashes Assessment Order for Violation of Natural Justice in Income Tax Reassessment. Failure to Provide Documents and Cross-Examination Renders Assessment Invalid Under Section 143(3) of Income Tax Act, 1961.

The petitioner, M/s R.R. Infraa Construction, a partnership firm, challenged three orders passed by the Income Tax Department for the Assessment Year ...

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Bombay High Court Quashes Reassessment Notice Under Section 148 of Income Tax Act for Lack of Fresh Material. Reopening Based on Change of Opinion on Already Disclosed Loan Transactions is Invalid.

The petitioner, Jainam Investments, a partnership firm engaged in trading of shares and securities, filed its income tax return for Assessment Year 20...

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Bombay High Court Acquits Appellants in Murder Case Due to Unlawful Assembly Not Proved and Doubtful Identification. The court held that the prosecution failed to prove common object under Section 149 IPC and identification of accused was unreliable, leading to acquittal.

The case involves an appeal by five appellants against their conviction by the Sessions Judge, Amravati, for offences including murder under Section 3...

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High Court of Bombay Considers Interim Motions in Suit by Foreign Trustees for Recovery of Assets Allegedly Concealed in India. The Court Examines Whether Plaintiffs Have Made Out Prima Facie Case for Disclosure and Deposit Orders Based on US Bankruptcy Court Findings.

The suit was filed by ITC Ltd., acting as trustees in bankruptcy of Suresh Chitalia, Devang Chitalia, EST Fibres Inc., and Lokman Establishment, to re...