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High Court of Bombay at Goa Dismisses State's Appeal in Land Acquisition Compensation Case — Capitalization Method Based on Net Yield Upheld. The court found that the Reference Court correctly used net yield, not gross yield, in computing compensation under the Land Acquisition Act, 1894.

The State of Goa and the Executive Engineer filed an appeal against the judgment of the Reference Court in a land acquisition matter, challenging the ...

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Supreme Court Allows Revenue's Appeal in Income Tax Case on Bonus Shares - Averaging Original Cost Over All Shares. When Bonus Shares Rank Pari Passu, the Correct Method to Compute Profit or Loss is to Spread the Cost of Original Shares Over Both Original and Bonus Shares.

This case involved the method of computing profit or loss on the sale of bonus shares in the hands of a dealer in shares. The respondent, Gold Mohore ...

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Bombay High Court Hears SEBI's Application to Recall Sanction of Composite Scheme in Fertilizers Merger Case. Securities Regulator Alleges Material Non-Disclosure and Accounting Violations in Scheme Involving Listed and Unlisted Companies Under Companies Act, 1956.

The Securities and Exchange Board of India (SEBI) filed applications on 21.02.2013 seeking recall of orders of the Bombay High Court dated 17.06.2011 ...