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Bombay High Court Allows Writ Petition in Sabka Vishwas Scheme Case — Petitioner Entitled to Interest on Delayed Refund Under Section 127 of Finance Act, 2019. The court held that the respondents' delay in refunding the amount under the scheme attracts interest liability.

The petitioner, Quant Broking Pvt Ltd, a stock broker and member of various stock exchanges, filed a declaration under the Sabka Vishwas (Legacy Dispu...

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Bombay High Court Dismisses Petition Challenging Refusal of Special Voluntary Retirement Scheme Benefit to Development Officer. Court holds that the Scheme's eligibility conditions are clear and the petitioner's application was rightly rejected as he did not meet the qualifying service requirement.

The petitioner, K.G.H. Dodhiya, joined the New India Assurance Company Limited as a Development Officer on 16 April 1977 and later became an Administr...

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Bombay High Court Dismisses Petition Challenging Denial of Industrial Park Scheme Benefits. Interpretation of Section 80IA(4)(iii) of Income Tax Act, 1961 and Industrial Park Scheme 2002 requires strict compliance with conditions for deduction.

The petitioners, M/s. Silver Land Developers Pvt. Ltd. and others, filed a writ petition under Article 226 of the Constitution challenging an order da...