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High Court of Karnataka Dismisses Revenue Appeal in Income Tax Block Assessment Case — Export of Exhibition Rights Not Undisclosed Income. Amount declared in belated regular return for AY 1994-95 does not constitute undisclosed income under Section 158B(b) of the Income Tax Act, 1961.

The appeal was filed by the Revenue under Section 260-A of the Income Tax Act, 1961 against the order of the Income Tax Appellate Tribunal (ITAT) date...

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Karnataka High Court Allows Appeal in Property Dispute — Plaintiff Fails to Prove Title and Possession. Suit for Declaration and Possession Dismissed as Plaintiff's Title Not Established and Defendant's Adverse Possession Upheld.

The case involves a property dispute where the plaintiff, Smt. Anusuyamma, claimed absolute ownership of a residential site in Mathikere, Bangalore, p...

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Bombay High Court Quashes Nullity Award Against Deceased Claimant and Allows Impleadment of Legal Heirs in Land Acquisition Reference. Proceeding Against Dead Person Held Void; Appeal Dismissed as Not Maintainable Under Section 18 of Land Acquisition Act, 1894.

The matter arose from the acquisition of land belonging to Mahadeo Mali under Section 4 notification dated 11.05.2000. He accepted the compensation un...

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Supreme Court Upholds International Arbitral Award in Coal Supply Dispute — Damages Awarded for Breach of Contract. Division Bench of Delhi High Court Erred in Setting Aside Majority Award Under Section 37 of Arbitration and Conciliation Act, 1996 as Findings Were Plausible and Not Perverse.

The Supreme Court of India heard an appeal against a Division Bench judgment of the Delhi High Court that had set aside a majority international arbit...

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Bombay High Court Dismisses Petition Challenging Search Warrant Under Section 132 of Income Tax Act, 1961 — No Violation of Natural Justice as Assessee Was Heard Before Assessment Orders Were Passed.

The petitioner, Hemendra Ranchhoddas Merchant, an erstwhile partner of a dissolved firm and now proprietor of M/s. Sriram Warehousing Corporation, fil...