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Bombay High Court Allows Revenue Appeal in Gift Tax Case — NRI Gift in Srinagar Held Not Exempt Under Section 5(ii) of Gift Tax Act, 1958. Court finds transaction colourable as gift was made by NRI in Srinagar where Gift Tax Act was not applicable, but donor was not resident of Jammu and Kashmir.

The Revenue appealed against the order of the Income Tax Appellate Tribunal which had allowed the assessee's claim for exemption from Gift Tax under S...

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Bombay High Court Allows Landlord's Revision in Rent Control Case for Bonafide Requirement. Landlord's need for premises for himself, aged parents, and children held bonafide under Section 31F of Bombay Rents, Hotel and Lodging House Rates Control Act, 1947.

The case involves four Civil Revision Applications under Section 31F of the Bombay Rents, Hotel and Lodging House Rates Control Act, 1947, arising fro...

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Supreme Court Dismisses Appeals Challenging Wakf Board Notification Including Service Inam Lands in Dargah Property. Errata Notification Adding Lands to Wakf Property Upheld as Valid Exercise of Power Under Wakf Act, 1995.

The Supreme Court dismissed a batch of civil appeals challenging an order of the Andhra Pradesh High Court that upheld an Errata Notification issued b...

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Bombay High Court Quashes Slum Acquisition Notice Against Cooperative Housing Society for Non-Compliance with Section 14(1) of Maharashtra Slum Act. Failure to Consider Petitioner's Compliance and Lack of Proper Inquiry Renders Acquisition Invalid.

The petitioner, The Reserve Bank Employees' Snehdhara Cooperative Housing Society Ltd., filed a writ petition under Articles 226 and 227 of the Consti...

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Supreme Court Allows Assessee's Appeal in Income Tax Dispute Over Non-Compete Fee Taxability. Amount Received Under Deed of Covenant Held as Capital Receipt Not Taxable Under Section 28(ii)(a) of Income Tax Act, 1961, Due to Separate Genuine Transaction and Procedural Error in High Court's Judgment.

The appeal concerned the assessment year 1995-96 involving Shri Shiv Raj Gupta, Chairman and Managing Director of Central Distillery and Breweries Ltd...

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Bombay High Court Grants Interim Injunction in Copyright Infringement Case Over Hair Colour Product Trade Dress. L'Oreal's artistic work in label/trade dress held entitled to protection against alleged imitation by Henkel.

The plaintiffs, L'Oreal India Pvt. Ltd. and its parent company, filed a suit seeking a permanent injunction against the defendants, Henkel Marketing I...