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Bombay High Court Allows Appeals by Acquiring Body in Land Acquisition Compensat...
Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
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Search Results for "stake money"

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Supreme Court

Supreme Court Hears Appeal on Taxability of Capital Gains from Transfer of Shares of a Cayman Islands Company Holding Indian Telecom Assets. The core issue involves whether the offshore transaction is liable to capital gains tax in India under the Income Tax Act, 1961, given that the company's value is derived from Indian telecom assets.

1 Aug 2026

The matter concerned a tax dispute between Vodafone International Holdings BV (VIH), a Netherlands resident company, and the Indian Revenue authoritie...

Supreme Court

Supreme Court Dismisses Special Leave Petition Against Delhi High Court’s Unconditional Stay of Money Decree Under Order XLI Rule 5 CPC. Execution of Trademark Infringement Money Decree Stayed Without Deposit Pending Appeal, Upheld by Apex Court Citing Sufficient Cause.

24 Sep 2025

The dispute arose from a civil suit instituted by Lifestyle Equities C.V. and anor, claiming to be the proprietor of the Beverly Hills Polo Club trade...

Supreme Court

Supreme Court Allows Appeals in IBC Financial Creditor Classification Case — Security Deposit for Sales Promotion Not a Financial Debt. Held that a security deposit paid under a service agreement for sales promotion does not constitute a financial debt under Section 5(8) of the Insolvency and Bankruptcy Code, 2016, as there is no disbursal for time value of money or commercial effect of borrowing.

25 Apr 2024

The Supreme Court allowed appeals against NCLAT judgments that classified security deposits paid by sales promoters as financial debts under the Insol...

Supreme Court

Supreme Court Directs Full Refund for Flights Cancelled During COVID-19 Lockdown — Office Memorandum Discriminating Between Pre-Lockdown and Lockdown Bookings Held Invalid. Airlines Must Refund Full Fare Without Cancellation Charges for All Cancelled Flights, and Credit Shell Cannot Be Imposed Unilaterally.

1 Oct 2020

The judgment arises from a batch of writ petitions filed in the Supreme Court of India challenging the refusal of airlines to refund the full amount f...

High Court

Bombay High Court Upholds Removal of Director in Co-operative Bank Case for Misappropriation and Conflict of Interest. Commissioner's order under Section 78A(1) of Maharashtra Co-operative Societies Act, 1960 confirmed due to unauthorized donations to trust and contract awarded to son's firm.

3 Feb 2020

The petitioner, P. A. Inamdar, was a shareholder, director, and Chairman of the Muslim Co-operative Bank Ltd., Pune. On 19 July 2017, respondent Nos. ...

Supreme Court

Supreme Court Dismisses Anticipatory Bail Plea of Former Finance Minister in INX Media Money Laundering Case. Custodial Interrogation Required Under PMLA as Allegations of FIPB Clearance Irregularities and Receipt of Proceeds of Crime Are Serious.

5 Sep 2019

The Supreme Court dismissed an appeal by P. Chidambaram, former Finance Minister, against the Delhi High Court's refusal to grant anticipatory bail in...

High Court

Bombay High Court Dismisses Injunction Application in Share Transfer Dispute — Agreement for Sale of Shares Not Enforceable as Contract for Sale of Shares, Not Specific Performance of Immovable Property. Court holds that agreement for transfer of shares is a contract for sale of goods and not for specific performance of immovable property, and plaintiff failed to show readiness and willingness.

8 Dec 2014

The plaintiff, Swaran Salaria & Associates, filed a suit for specific performance of an agreement dated 22 November 2007 with the first defendant, Him...

High Court

High Court of Karnataka Adjudicates TDS Obligations of Turf Clubs on Stake Money Payments to Horse Owners under Income Tax Act. Interpretation of Section 194B and CBDT Circulars Central to Dispute over Characterization of Stake Money as Winnings.

26 Sep 2014

The case involved writ petitions filed by Bangalore Turf Club Limited, Mysore Race Club Limited, Karnataka Race Horse Owners Association, and an indiv...

High Court

KAHC010028192013_1

26 Sep 2014

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High Court

High Court of Karnataka Hears Petitions Against TDS Notices Issued to Turf Clubs Under Section 194B of Income Tax Act — Argued That Stake Money Is Not Winnings. Petitioners Contend That CBDT Circular No.467 Exempts Stake Money From TDS and That Such Payments Are Business Income Taxable Under Section 74A, Not Winnings Under Section 194B.

26 Sep 2014

The batch of writ petitions before the High Court of Karnataka at Bangalore arose from notices issued by the Income Tax Department to turf clubs in Ba...

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