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Supreme Court of India Decides Revenue Appeal Against Tribunal's Order on Excise Valuation of Fiat Cars. Assessee's Price Below Cost Held as Normal Price Under Section 4(1)(a) by Tribunal, Revenue Challenges on Ground That Price Did Not Reflect Manufacturing Cost and Profit.

The dispute concerned the valuation of Fiat Uno model cars for central excise duty under Section 4 of the Central Excise Act, 1944. The assessee, M/s ...

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High Court of Bombay Determines Compensation in Land Acquisition References for MSRTC Bus Depot at Dahisar, Borivali. Comparable Land Sale Instances Analyzed to Fix Market Value Under Land Acquisition Act, 1894.

This matter involved a group of land acquisition references under Section 18 of the Land Acquisition Act, 1894, filed by land owners whose properties ...

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High Court of Bombay Hears Writ Petition in Minimum Wages Act Dispute Over Reimbursement of Labour Costs. Contractor Seeks Revision of Contract Rates After Notification Increased Minimum Wages for Sweeping and Cleaning Employment.

Background: The petitioner, A2Z Infraservices Limited, a company engaged in providing mechanized cleaning and housekeeping services, entered into thre...

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Bombay High Court Dismisses Petition Challenging Forfeiture of Bank Guarantees in Tender Dispute. Earnest Money Deposit Forfeited as Bidder's Unilateral Discount Offer After Bid Opening Violated Tender Terms.

The petitioner, Knowledge Infrastructure Systems Pvt. Ltd., a company engaged in coal trading, along with its shareholder, filed a writ petition under...

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Bombay High Court Enhances Compensation for Landowners in MSRTC Bus Depot Acquisition Relying on Prior Award. Market Value Determined Based on Prior Award in Identical Acquisition Proceedings Under Section 18 of Land Acquisition Act, 1894.

The case involved three land acquisition references under Section 18 of the Land Acquisition Act, 1894, filed by the landowners claiming enhanced comp...

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Supreme Court Upholds Jurisdiction of Civil Court to Determine Fair Rent in Government Lease Renewal Dispute. Lease Renewal Clause Requiring 'Fair and Equitable' Enhancement by Lessor Held Unenforceable Without Judicial Review of Fairness.

In 1909, the Government of Bombay leased plots of land to the appellants for residential purposes on payment of a premium and an annual rent of Rs. 3-...