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Bombay High Court Allows Section 9 Petition for Interim Relief and Appoints Sole Arbitrator in Waste Management Contract Dispute — Petitioner Granted Protection Against Termination and Bank Guarantee Invocation Pending Arbitration.

The petitioner, PMP Infratech Pvt Ltd, an AA Class Government Registered Civil Contractor, was engaged by the respondent, Bharat Petro Resources Ltd (...

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Supreme Court Allows Appeal in Income Tax Deduction Case for Pharmaceutical Freebies. Expenses on Gifting Freebies to Medical Practitioners Are Deductible Under Section 37(1) of Income Tax Act, 1961, as Indian Medical Council Regulations Only Prohibit Acceptance, Not Gifting, Under Explanation 1.

The dispute involved a pharmaceutical company, referred to as Apex, appealing against a High Court judgment that upheld orders disallowing part of its...

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Bombay High Court Dismisses Insurer's Appeal in Motor Accident Claim — Upholds Compensation for Death of Third Party. Insurer Liable Under Section 166 of Motor Vehicles Act, 1988 Despite Stationary Vehicle, as Negligence of Other Driver Proved.

The case arises from a motor accident claim filed by the sons of the deceased, Rukminibai Ramayya Kamtam, who died in a road accident on 16 April 2010...

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Bombay High Court Fixes Interim Compensation for Tenant Pending Eviction Revision — Mesne Profits Determined Based on Valuer Reports and Rental Market. Tenant Ordered to Pay Rs.25,000 Per Month as Interim Compensation Under Section 12 of Maharashtra Rent Control Act, 1999.

The case involves a civil revision application filed by the tenant, Previn Govind Sharma, against an eviction decree passed by the Appellate Bench of ...

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High Court of Karnataka Quashes Reassessment Order in KVAT Case Due to Violation of Natural Justice — Assessee Not Given Opportunity to Cross-Examine Third Party. Section 39(1) Reassessment Set Aside as Assessing Authority Relied on Ex-Parte Statements Without Providing Opportunity to Rebut.

The petitioner, M/s. TTP Technologies Pvt. Ltd., a registered company represented by its Director Sri. M. Devarajaiah, filed writ petitions under Arti...

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High Court of Karnataka Dismisses Revenue's Appeal in Block Assessment Case — Unexplained Investments Not Proven as Income. The court held that the Assessing Officer failed to establish that the cash credits and investments belonged to the assessee, and the ITAT correctly deleted the additions.

The case involves appeals by the Revenue under Section 260A of the Income Tax Act, 1961, against the common order of the Income Tax Appellate Tribunal...

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High Court of Bombay at Nagpur Dismisses Writ Petition Challenging Tender Award in Cleaning Contract Dispute. Court upholds employer's right to reject non-responsive bids and award contract to lowest bidder meeting tender conditions.

The petitioners, two contractors working with respondent no.1 (Maharashtra State Power Generation Co. Ltd.), challenged the rejection of their bids an...