Search Results for "Finance Act 1956"

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Bombay High Court Allows Writ Petition Challenging Reopening of Assessment Under Section 148 of Income Tax Act, 1961 — Notice Issued Beyond Limitation Period. Reopening Based on Non-Escapement of Income as Assessee Had Already Disclosed Full Details During Original Assessment.

The petitioner, Bajaj Energy Limited, a company engaged in energy business, filed its return of income for Assessment Year 2014-15 on 30th November 20...

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Bombay High Court Allows Appeal in Carriage of Goods by Sea Case — Sets Aside Ex-Parte Decree Due to Non-Service of Summons. Service of summons on agent of foreign principal held insufficient to bind the principal under Order 5 Rule 12 of CPC, 1908.

The appeal arises from a judgment and decree dated 18 October 2014 passed by the City Civil Court, Bombay in SC Suit No.7175 of 1997. The plaintiff, D...

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Bombay High Court Dismisses Appeals Against Rejection of Arbitration Petitions as Time-Barred. Service of Arbitral Award Under Section 31(5) of Arbitration and Conciliation Act, 1996 Held Valid When Sent by Registered Post to Correct Address.

The appellants, Apex Encon Projects Pvt. Ltd. and Padmavati Nekkanti, filed appeals against a common order dated 16th July 2014 passed by a learned Si...

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Bombay High Court Allows Writ Petition in MEIS Export Incentive Case — Policy Relaxation Committee's Rejection Set Aside Due to Non-Application of Mind. Amendment of Shipping Bills Under Section 149 of Customs Act, 1962 Held Valid and Binding on DGFT for Grant of MEIS Benefits.

The petitioner, Technocraft Industries (India) Limited, a company incorporated under the Companies Act, 1956, manufactures scaffolding steel products ...

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Bombay High Court Dismisses Petition Challenging Arbitral Award in Loan Dispute — Upholds Award of Rs.51 Crores with Interest. Facility Agreement and Guarantee Enforced; No Grounds for Interference Under Section 34 of Arbitration and Conciliation Act, 1996.

The petitioners, Reid & Taylor (I) Limited, S.Kumars Nationwide Ltd., and Nitin S. Kasliwal, filed a petition under Section 34 of the Arbitration and ...