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Bombay High Court Upholds Capital Gains Treatment for Land Sale by Estate Administrator — Assessee Not a Trader in Land. Surplus from sale of inherited land held as capital gain, not business income, under Income Tax Act, 1961.

The case involved a reference under Section 256(1) of the Income Tax Act, 1961, at the instance of the Revenue, challenging the Tribunal's decision th...

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Supreme Court Considers Whether Lift Installation Contracts Are 'Works Contract' or 'Sale of Goods' for Sales Tax Purposes. The Matter Was Referred to a Larger Bench to Resolve Conflict Between Prior Rulings and to Determine the Applicability of the Predominant Intention Test After Recent Judgments.

The matter stems from multiple writ petitions and civil appeals challenging the classification of contracts for manufacture, supply and installation o...

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Bombay High Court Allows Writ Petition Challenging Surplus Land Determination Order. Petitioner's father's written statement cannot be used to declare petitioner surplus holder without proper notice and opportunity.

The petitioner, Vithal s/o Venkatrao alias Yenkaji Sejul, a resident of Abegaon, Taluka Majalgaon, District Beed, filed a writ petition challenging an...

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Bombay High Court Dismisses Writ Petition Challenging Deemed Conveyance Under MOFA. Lease Deed Authorizing Sublease Validates Competent Authority's Order Granting Deemed Conveyance to Cooperative Society.

The petitioner, Prakash Arun Apte, proprietor of M/s A.V. Apte & Company, challenged an order dated 28 August 2014 passed by the Competent Authority a...

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Bombay High Court Dismisses Writ Petition Challenging Allotment of Surplus Land Under Urban Land Ceiling Act; Petitioner Had No Vested Right and Allotment to Educational Institution Upheld.

The petitioner, Sunil Shamraoji Shinde, the son of the original owner of the land, filed a writ petition under Articles 226 and 227 of the Constitutio...

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Bombay High Court Allows Writ Petition Challenging Surplus Land Determination Under Maharashtra Agricultural Lands (Ceiling on Holdings) Act, 1961 — Land Tribunal's Order Set Aside for Violation of Principles of Natural Justice and Non-Compliance with Section 12(6) of the Act.

The petitioners, legal heirs of the original landholder Babasaheb Balwant Bawane, challenged the order dated 30th April 1993 passed by the Chairman, S...