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Bombay High Court Considers Appeal Against Tribunal's Order Requiring Section 72A Approval for Amalgamated Company's Depreciation Claim. The Court Examines Whether Written Down Value of Assets Can Be Adjusted by Adding Unabsorbed Depreciation Without Central Government Approval.

This appeal under Section 260A of the Income Tax Act, 1961 arose from the order of the Income Tax Appellate Tribunal, Mumbai, concerning assessment ye...

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Bombay High Court Quashes Stamp Duty Reassessment Order Due to Violation of Natural Justice and Non-Application of Mind. Collector's order set aside for failing to consider petitioner's objections and relying on unsubstantiated ready reckoner rates without providing opportunity of hearing.

The petitioner, Crystal Construction Company, challenged an order dated 16 September 2021 passed by the Collector of Stamps, Andheri, which adjudicate...

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Bombay High Court Quashes Rule 18 of Capital Value Rules for Exceeding Delegated Authority Under Mumbai Municipal Corporation Act, 1888. Commissioner's Power to Frame Rules Under Section 154(1B) Does Not Extend to Imposing Additional Tax Liability Beyond the Act's Framework.

The petitioners, Aegis Logistics Limited and another, filed a writ petition under Article 226 of the Constitution of India challenging Rule 18 of the ...

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Supreme Court Allows NDMC Appeals in Property Tax Dispute — Upholds Unit Area Method as Valid. The impugned Bye-laws are not ultra vires the NDMC Act, 1994, as they fall within the rule-making power under Section 388 and are consistent with Section 63.

The Supreme Court allowed the appeals filed by the New Delhi Municipal Council (NDMC) against the Delhi High Court judgment dated August 10, 2017, whi...

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Bombay High Court Partly Allows Claimants' Appeal for Enhanced Compensation in Land Acquisition Case. Market Value of Irrigable Land Fixed at Rs. 1,00,000 per Acre Under Section 23 of Land Acquisition Act, 1894.

The case involves two cross-appeals arising from a land acquisition proceeding for the K.P.M.P. irrigation project in Akola, Maharashtra. The claimant...

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High Court of Karnataka Hears Appeals Against Decree for Specific Performance in Suit Involving Subsequent Purchasers. The trial court had decreed specific performance of an agreement to sell agricultural lands, directing the original vendor and later purchasers to execute a joint sale deed.

The appeal arises from a suit for specific performance of an agreement to sell agricultural lands. The first defendant, the owner, agreed to sell the ...

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High Court of Bombay Examines State's Challenge to Enhanced Compensation in Land Acquisition Matter; Determination of Market Value Under Section 23 of Land Acquisition Act, 1894 Considered. Reference Court's Valuation of Rs.500 per Square Metre Scrutinized Based on Comparability of Sale Instances.

The Bombay High Court, in a first appeal under Section 54 of the Land Acquisition Act, 1894, examined the State of Maharashtra's challenge to the Refe...

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NOTICE OF MOTION COMMERCIAL DIVISION NO. 196 OF 2018

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