Detention of Petitioner Would Amount to Pre-Trial Punishment: Karnataka High Court Grants Bail in Dowry Harassment Case Evidence Insufficient to Support Claims: Orissa High Court Affirms Appellate Court’s Reversal in Wrongful Confinement and Defamation Case Harmonious Interpretation of PWDV Act and Senior Citizens Act is Crucial: Kerala High Court in Domestic Violence Case Welfare of the Child is Paramount: Allahabad High Court Awards Custody to Biological Mother in Habeas Corpus Petition Due Process Followed Under Rule 3(b); No Error in Appointment Procedure: Calcutta High Court Denies Review in Temporary MMR Case Legitimacy Conferred by Section 16(1) of HMA: Madras High Court Upholds Partial Partition Claim Kerala High Court Voids Property Tax Demand Notices on Telecom Towers for Exceeding Limitation Period” Karnataka High Court directs government to pay compensation to long-term contractual employees in lieu of reinstatement and regularization. Execution Reports Are Crucial Before Issuing Non-Bailable Warrants: High Court of Jharkhand Quashes Warrants High Court Affirms J&K Bank’s Autonomy in Recruitment Policies, Suggests Inclusion of Ex-Servicemen” IT Act - Non-Issuance of Draft Assessment Order Renders Final Order Void, Delhi High Court Bombay High Court Quashes Rs. 2500 Crore Land Demand, Slams State for 'Commercialization Over Public Interest "Amendments Must Be Based on New Evidence, Not Repetitive Objections," Rules Himachal High Court

"TAXATION LAW" Digest

Income Tax – Deduction under Section 80P(2)(a)(i) – The appeals involved the interpretation of Section 80P(2)(a)(i) and Section 80P(4) of the Income Tax Act, concerning the eligibility of cooperative societies providing credit facilities to their members. The Supreme Court held that the benevolent provisions of Section 80P must be read liberally and in favor of the assessee. The Court ...

Background: The present appeal was filed against the judgment and order passed by the High Court and ITAT in a tax dispute between the appellant (Commissioner of Income Tax, Mumbai) and the respondent (Kunal Constructions) relating to the nature of a certain transaction in the assessment year 2010-11. Issue: Whether the transaction in question was a sale of capital assets or a sale of stock in ...