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Bombay High Court Dismisses Revenue's Appeal in Income Tax Penalty Case. Journal Entry Set-off for Loan Repayment Does Not Violate Section 269T of Income Tax Act, 1961, as It Is Not a Repayment but an Adjustment of Mutual Claims.

The case involves an appeal by the Commissioner of Income Tax against the order of the Income Tax Appellate Tribunal (ITAT) which deleted the penalty ...

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Bombay High Court Dismisses PILs Challenging Appointment of Vice Chancellor of University of Mumbai. Court upholds appointment process under Maharashtra Universities Act, 1994, finding no illegality or mala fides.

The judgment pertains to two Public Interest Litigations (PILs) and a Writ Petition challenging the appointment of Dr. Rajan Welukar as the Vice Chanc...

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High Court of Karnataka Allows Writ Petition, Sets Aside Trial Court Order Rejecting Application to Place Arbitration Award on Record. The limitation under Section 34(3) of the Arbitration and Conciliation Act, 1996 applies only to filing of application to set aside award, not to filing of award itself.

The petitioner, M/s. Karnataka State Electronics Development Corporation Limited (KEONICS), a Government of Karnataka undertaking, filed a writ petiti...

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High Court of Karnataka Allows Writ Petition Challenging Rejection of Application to Place Additional Documents in Arbitration Proceedings — Petitioner's Application Under Rule 4(b) of the High Court of Karnataka Arbitration Rules, 2001 Read with Section 151 CPC Wrongly Dismissed as Not Maintainable.

The petitioner, M/s. Karnataka State Electronics Development Corporation Limited, a Government of Karnataka undertaking, filed a writ petition under A...

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Bombay High Court Dismisses Arbitration Petition Challenging Award Rejecting Claim for Unauthorised Transactions in Stock Broker Account. Court upholds arbitral finding that claim was barred by limitation and lacked merit due to acknowledgments of contract notes.

The petitioner, a constituent of the respondent stock broker, filed an arbitration petition challenging an award dated 7th January 2011 that rejected ...

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Supreme Court Dismisses Appeal in Criminal Complaint Case for Lack of Jurisdiction Under Section 195 CrPC. Private Complaint Not Maintainable for Offences Under Sections 191-192 IPC Committed in Judicial Proceedings.

The case arises from two criminal complaints filed by M/s Bandekar Brothers Pvt. Ltd. and another against Prasad Vassudev Keni and others under Sectio...

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Bombay High Court Allows Reference in Sales Tax Case, Holding Tribunal Must Adjudicate on Exim Scrips Levy Despite Ground Not Raised in Appeal Memo. Section 55 of Bombay Sales Tax Act, 1959 Confers Wide Appellate Powers to Consider Any Necessary Ground.

The case involves two Sales Tax References filed by M/s Bombay Dyeing & Mfg. Co. Ltd. against the Commissioner of Sales Tax, Maharashtra State. The ap...