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Bombay High Court Dismisses Revenue's Appeal in Transfer Pricing Case — Advertisement Expenses Not Subject to Disallowance. Assessee's expenditure on promoting foreign channels held to be for its own business benefit, not requiring compensation from foreign principals.

The appeal was filed by the Commissioner of Income Tax against the order of the Income Tax Appellate Tribunal (ITAT) dated 29th July 2011, which confi...

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Supreme Court Upholds Dismissal of Employee for Accepting Hospitality from Bidder During Tender Process. Attending IEEMA Conference Without Permission and Availing Air Ticket from M/s. Secure Meters Constitutes Misconduct Under Service Regulations.

The appellant, Rathin Ghosh, was a Superintending Engineer with 22 years of unblemished service in the West Bengal State Electricity Distribution Comp...

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Bombay High Court Dismisses Appeal by Municipal Corporation in Land Acquisition Compensation Case — Upholds Reference Court's Award of Rs.5 Lakh for Sewerage Treatment Plant Land. Claimants' Restricted Claim Due to Financial Constraints Does Not Bar Higher Compensation if Justified by Potential Value.

The Deputy Director Town Planning of Amravati Municipal Corporation appealed against the judgment of the Reference Court in L.A.C. No.215/2003, which ...