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Supreme Court Upholds High Court in Capital Gains Tax Case — Accrual Occurs on Date of Award, Not Notification. Transfer of Capital Asset Under Section 45 of Income-tax Act, 1961 Is Complete Only When Compensation Is Determined by Collector's Award, Even if Possession Taken Earlier.

The case concerns the assessment year 1971-1972 for the assessee Amrik Singh HUF, whose land was acquired by the Haryana Government for a college play...

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High Court of Karnataka Hears Criminal Appeal Against Conviction Under IPC and Prevention of Corruption Act. Alleged Misappropriation of Seeds and Funds by Public Servants in National Seeds Corporation Leads to Conviction, but Accused Challenges Evidence and Conspiracy Charge.

The appellant, who was accused no. 2, challenged his conviction by the trial court for offences of criminal conspiracy, cheating, criminal breach of t...

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Bombay High Court Dismisses Petitions Challenging Land Reservation for Sports Complex in Development Plan. Court upholds reservation of land for a multipurpose sports complex under the Maharashtra Regional and Town Planning Act, 1966, rejecting claims of non-implementation and lack of public purpose.

The Bharatiya Adhyatmic Society, a public charitable trust, owned land in Chembur, Mumbai. The land was reserved for a 'Chembur Multipurpose Complex' ...

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Bombay High Court Quashes FIR in Share Dispute Due to Civil Nature. Dispute over share purchase agreement held to be purely contractual, not constituting criminal breach of trust or cheating under Sections 406, 420, 120B IPC.

The petitioners, Rohan Dukle and Sudhir Gudal, filed a writ petition under Article 226 of the Constitution of India and Section 482 of the Code of Cri...

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Bombay High Court Allows Revision in Suit for Possession Under Section 6 of Specific Relief Act — Plaintiff Failed to Prove Prior Possession Within Six Months. The court held that the plaintiff did not establish possession within the statutory period, and the decree for possession was set aside.

The case involves a civil revision application filed by the defendants (petitioners) against a decree passed by the 7th Joint Civil Judge, Jr. Divisio...

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Bombay High Court Quashes 'C' Summary Report in Cheating Case — Directs Further Investigation Under Section 173(8) CrPC. Court finds that the investigating officer failed to examine crucial documents and witnesses, rendering the summary report premature and based on incomplete investigation.

The petitioner, Dharmil Anil Bodani, filed a criminal writ petition under Article 227 of the Constitution of India and Section 482 of the Code of Crim...

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High Court of Karnataka Considers Petition to Quash FIR Against Bookies for Offences Under Karnataka Police Act and IPC. Allegations Pertain to Unauthorized Collection of Betting Amounts and Tax Evasion Within Bangalore Turf Club Premises.

The High Court of Karnataka heard a petition under Section 482 of the Code of Criminal Procedure, 1973 filed by twenty-six individuals or entities (th...

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Supreme Court Upholds Farmers' Insurance Claim in Cold Storage Fire — Insurer Liable Despite No Privity of Contract. Farmers are Consumers Under Consumer Protection Act, 1986, and Insurance Company Must Pay for Loss of Stored Agricultural Produce.

The case involves multiple appeals arising from a common order of the National Consumer Disputes Redressal Commission regarding a fire that occurred o...