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Bombay High Court Dismisses Revenue's Reference in Income Tax Rectification Case Due to Low Tax Effect. Instructions of CBDT fixing monetary limit for filing references are binding on the Department.

The case involves a reference under Section 256(1) of the Income Tax Act, 1961, by the Income Tax Appellate Tribunal to the Bombay High Court. The que...

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Bombay High Court Dismisses Appeal Against Arbitral Award on Retention Money Refund. Jurisdictional Objection Under Section 16(2) of Arbitration and Conciliation Act, 1996 Must Be Raised at Earliest Opportunity.

The case involves an appeal against a judgment of a Learned Single Judge of the Bombay High Court, which affirmed an arbitral award granting refund of...

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High Court Allows Petitioner in School Grant Case Due to Lack of Power in District Level Committee to Alter Finalized Placement. Committee Cannot Reverse Merit List After Objections Are Disposed Under Section 6 of Maharashtra Self-Financed Schools (Establishment and Regulation) Act, 2012.

The petitioner, Rehmaniya Urdu Education Society, and respondent no.5, Shah Babu Education Society, both applied for grant of an unaided school at vil...

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Bombay High Court Directs Pay Parity for Section Officers in High Court Administration with Mantralaya Staff. The court upheld the principle of parity of pay scales between High Court staff and State Government staff based on a 1965 agreement.

The petitioner, Shri Mahendra F. Rupwate, a Section Officer (Class II) in the office of the Registrar General of the Bombay High Court, filed a writ p...

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Supreme Court Dismisses Appeals of Beneficiaries of Wakf Estate in Wealth Tax Matter, Upholding Assessment as 'Asset'. Right to Receive Income Share from Wakf-alal-aulad is Property Assessable Under Section 2(e) of Wealth Tax Act, 1957.

The Supreme Court of India heard appeals by the beneficiaries of a wakf-alal-aulad against the inclusion of their right to receive a share of the net ...

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Bombay High Court Decrees Ownership of 800 ITC Shares to Plaintiffs, Finding Transfers Forged and Broker's Claim Unproven. Defendant No.14 Failed to Discharge Burden Under Section 106 of the Indian Evidence Act, 1872, and Forged Transfer Deeds Are Void; Register of Members Ordered to Be Rectified.

The suit concerned a declaration of ownership and rectification of the register of members of ITC Ltd. (Defendant No.1) in respect of 800 shares. Plai...