(1) COMMISSIONER OF INCOME TAX-VI Vs. VIRTUAL SOFT SYSTEMS LTD. .....Respondent D.D 24/04/2018

Facts:The appellant, Commissioner of Income Tax-VI, contested the allowance of deduction for lease equalization charges claimed by the respondent, Virtual Soft Systems Ltd., under the Income Tax Act, 1961.The respondent filed its return of income for the Assessment Year 1999-2000, declaring a loss and claiming deduction for lease equalization charges.The Assessing Officer disallowed the deduction ...

REPORTABLE # CIVIL APPEAL NO. 4358 OF 2018 (ARISING OUT OF SPECIAL LEAVE PETITION (C) NO. 25006 OF 2012) Docid 2018 LEJ Civil SC 369195

(2) COMMISSIONER OF INCOME TAX-IV, AHMEDABAD Vs. M/S. SHREE RAMA MULTI TECH LTD. .....Respondent D.D 24/04/2018

Facts:The case pertains to M/S. Shree Rama Multi Tech Ltd., engaged in manufacturing.Dispute related to Assessment Years 1999-2000, 2000-2001, and 2001-2002.Initial assessment by the Assessing Officer modified based on a Tribunal decision.Appeals filed before the Commissioner of Income Tax (Appeals) and reassessment proceedings initiated.Tribunal allowed respondent's claim regarding deduction...

REPORTABLE # CIVIL APPEAL NO. 6391 OF 2013 Docid 2018 LEJ Civil SC 260258

(3) CHERAN PROPERTIES LIMITED Vs. KASTURI AND SONS LIMITED AND ORS .....Respondent D.D 24/04/2018

Facts: The case involved Cheran Properties Limited (Appellant) v. Kasturi and Sons Limited and Ors., where disputes arose between the parties regarding a business transaction. An agreement was entered into between various entities, including Kasturi and Sons Limited (KSL), Cheran Properties Limited (appellant), and others. The transaction involved the allotment of shares and subsequent disputes le...

REPORTABLE # CIVIL APPEAL NOS 10025-10026 OF 2017 Docid 2018 LEJ Civil SC 249542

(4) B.L. PASSI Vs. COMMISSIONER OF INCOME TAX, DELHI .....Respondent D.D 24/04/2018

Facts:B.L. Passi filed an income tax return claiming a deduction under Section 80-O for income received from Sumitomo Corporation, Japan, for providing specialized industrial and commercial knowledge about the Indian automobile industry.The Income Tax Department disallowed the deduction, leading Passi to appeal through various levels of adjudication, ultimately reaching the Supreme Court.Issues:Wh...

REPORTABLE # CIVIL APPEAL NO. 3892 OF 2007 Docid 2018 LEJ Civil SC 287237

(5) ADDL. COMMISSIONER OF INCOME TAX Vs. BHARAT V. PATEL .....Respondent D.D 24/04/2018

Facts:Bharat V. Patel, Chairman and Managing Director of Procter and Gamble (P&G) India, received an amount on redemption of SARs issued by P&G USA.Assessment proceedings were conducted under Section 143(3) of the Income Tax Act, 1961, determining Patel's total income.Patel appealed to the Commissioner of Income Tax (Appeals) and then to the Tribunal.The High Court upheld Patel's...

REPORTABLE # CIVIL APPEAL NO.4380 OF 2018 (ARISING OUT OF SPECIAL LEAVE PETITION (C) NO. 24888 OF 2015) Docid 2018 LEJ Civil SC 107525

(6) UNION OF INDIA & ORS Vs. PIRTHWI SINGH & ORS .....Respondent D.D 24/04/2018

Facts: The Union of India filed multiple appeals despite clear precedents and guidelines, leading to the dismissal of these appeals. The Court observed a pattern of non-compliance with the National Litigation Policy and a disregard for efficient and responsible litigation practices.Issues:Whether the conduct of the Union of India in filing frivolous appeals and not adhering to the National Litigat...

REPORTABLE # CIVIL APPEAL NO. 4415 OF 2018 (ARISING OUT OF DIARY NO. 8754 OF 2018) Docid 2018 LEJ Civil SC 764811

(7) GAUHATI HIGH COURT THROUGH THE REGISTRAR GENERAL Vs. GOTO ETE & OTHERS .....Respondent D.D 23/04/2018

Facts: Respondent Nos. 1 to 3 were appointed as Additional Deputy Commissioners with the powers of Additional Sessions Judge on a contract basis to man Fast Track Courts (FTC). They sought regularisation to the said posts invoking the provisions of Rule 7 of the Arunachal Pradesh Judicial Service Rules, 2006. However, a Committee of High Court Judges rejected their claim. Subsequently, the High Co...

REPORTABLE # CIVIL APPEAL NO. 4298 OF 2018 (ARISING OUT OF SPECIAL LEAVE PETITION (C) NO. 23780 OF 2016) Docid 2018 LEJ Civil SC 845561

(8) CANARA BANK Vs. N.G. SUBBARAYA SETTY & ANR .....Respondent D.D 20/04/2018

Facts: The respondent, in order to repay dues of the bank, signed an assignment deed with the Bank Manager for the assignment of a trademark. After several months, the bank cancelled the assignment deed. Litigation ensued between the parties in two proceedings. The trial court and the first appellate court erroneously treated the statutory prohibition contained in s.45(2) of the Trade Marks Act as...

REPORTABLE # CIVIL APPEAL NO.4233 OF 2018 (ARISING OUT OF SLP (C) NO.25649 OF 2017) Docid 2018 LEJ Civil SC 913951

(9) APOLLO ZIPPER INDIA LIMITED Vs. W. NEWMAN AND CO. LTD. .....Respondent D.D 20/04/2018

Facts:The case involved a summary eviction suit filed by the appellant, Apollo Zipper India Limited, against the respondent, W. Newman and Co. Ltd., regarding a business premises known as the "Great Eastern Hotel" in Kolkata.The respondent was originally a tenant of the Great Eastern Hotel Limited (GEHL), but due to legislative acts, the ownership of the hotel premises was transferred to...

REPORTABLE # CIVIL APPEAL NO. 4249 OF 2018 (ARISING OUT OF S.L.P.(C) NO. 27775 OF 2017) Docid 2018 LEJ Civil SC 378363