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Bombay High Court Upholds Revenue in Block of Assets Case — Industrial Gala Sale Taxed as Short Term Capital Gain Under Section 50. Non-Use of Asset Does Not Remove It from Block of Assets; Depreciation History Determines Tax Treatment.

The case involves an income tax reference by the Income Tax Appellate Tribunal, Mumbai Bench, at the instance of the assessee, Smt. Meena v. Pamnani, ...

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Bombay High Court Dismisses Landlords' Petition in Eviction Suit Based on Non-User and Bonafide Requirement. Tenant's Non-User of Suit Premises for Six Years Held to Be with Reasonable Cause Due to Landlords' Conduct.

The petitioners, landlords of a shop premises, filed a suit for eviction against the respondent tenant on grounds of non-user for six years without re...

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Bombay High Court Dismisses Land Owners' Challenge to 1953 Acquisition for Mumbai Airport Due to Inordinate Delay. Petition filed after 62 years challenging acquisition under Requisitioning and Acquisition of Immovable Property Act, 1952 dismissed as grossly belated.

The petitioners, original land owners of properties in Villages Marol and Sahar, Taluka Andheri, Mumbai, filed a writ petition in 2015 seeking quashin...

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Supreme Court Upholds Eviction Decree in Rent Control Case — Concurrent Findings of Default and Non-User Not Interfered With. Tenant's Failure to Pay Rent and Non-User of Premises for Stated Purpose Justify Eviction Under Bombay Rents, Hotel & Lodging Houses Rates Control Act, 1947.

The Supreme Court dismissed two civil appeals arising from a landlord-tenant dispute over eviction. The plaintiff purchased the suit property in 1986 ...