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Madras High Court Dismisses Revenue's Appeal in Customs Valuation Case — Confirms CESTAT's Finding That Transaction Value of Imported Goods Is Acceptable Under Section 14 of Customs Act, 1962. Burden of Proof on Revenue to Show Fraud or Misdeclaration Not Discharged.

The case involves four Civil Miscellaneous Appeals filed by the Commissioner of Customs (Port-Export), Chennai, under Section 130 of the Customs Act, ...

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Supreme Court Upholds Revenue in Income Tax Reassessment Case on Limitation and Computation Grounds. Reassessment under Sections 147 and 148 of Income Tax Act, 1961 Held Valid as Assessee Failed to Disclose Material Facts, and Notice Served on Partnership Firm Was Proper Despite Section 282(2) Argument.

The dispute arose from reassessment proceedings under the Income Tax Act, 1961, involving a partnership firm engaged in publishing newspapers and peri...

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Bombay High Court Quashes FIR in Theft Case for Lack of Prima Facie Evidence. Section 482 CrPC invoked to prevent abuse of process where allegations did not disclose essential ingredients of theft under Section 379 IPC.

The applicant, Sandeep Sadashiv Bhalerao, was arraigned as accused No.8 in Crime No.100/2016 registered at Police Station Hatta, Tq. Vasmat, Dist. Hin...

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High Court of Karnataka Acquits Accused in Counterfeit Currency Case Due to Lack of Evidence of Criminal Conspiracy. Conviction under Sections 256, 259 read with 120B IPC set aside as prosecution failed to prove meeting of minds or knowledge of counterfeit nature.

The appellant, A. Nizamuddin, was convicted by the Special Judge, Bengaluru, under Sections 256 (possession of counterfeit currency), 259 (delivery of...

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Bombay High Court Quashes State Order on Solvent Licensing for Repugnancy with Central Order. Maharashtra Solvent Raffinate and Slop (Licensing) Order 2007 struck down as ultra vires the Essential Commodities Act, 1955 due to conflict with Central Order of 2000.

The Petitioner, Indian Small Scale Paint Association Society, challenged the Maharashtra Solvent Raffinate and Slop (Licensing) Order 2007 as being re...

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High Court of Karnataka Partly Allows Partition Appeal in Family Property Dispute — Modifies Trial Court's Decree on Self-Acquired Properties. The court upheld the trial court's finding on joint family property but excluded certain items from partition due to lack of evidence of jointness.

The case involves a partition suit filed by the respondents (daughters and widow) against the appellants (sons) for partition of suit schedule propert...

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High Court of Karnataka Dismisses Revenue's Appeal in Income Tax Reassessment Case — Tribunal's Order Restoring Assessment Set Aside. Reassessment Notice Under Section 148 Held Invalid as No Failure to Disclose Material Facts Was Established.

The revenue appealed against the order of the Income Tax Appellate Tribunal, Bangalore Bench, which had set aside the reassessment order passed under ...