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Supreme Court Dismisses Appeal of NBFC in Income Tax Dispute on Set-off of Speculation Loss. Principal Business Determined by Actual Activities, Not Registration; Amendment to Explanation to Section 73 Held Prospective.

The appeal arose from a judgment of the Calcutta High Court in an appeal under Section 260A of the Income Tax Act, 1961, concerning the assessment yea...

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Supreme Court Dismisses Appeal of Convict in Murder Case Based on Circumstantial Evidence and Motive. Conviction under Section 302 read with Section 34 IPC upheld as chain of circumstances including last seen evidence, motive, and forensic evidence proved guilt beyond reasonable doubt.

The Supreme Court dismissed the appeal of Sadayappan @ Ganesan (appellant) against his conviction under Section 302 read with Section 34 IPC for the m...

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Supreme Court Dismisses Bank's Appeal Against Reinstatement of Messenger Convicted Under Section 324 IPC. Simple Hurt Offence Does Not Involve Moral Turpitude Under Section 10(1)(b)(i) of Banking Regulation Act, 1949.

The respondent, P. Soupramaniane, was employed as a Messenger in the State Bank of India at Puducherry. On 17.06.1983, he voluntarily stabbed two indi...

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Supreme Court Dismisses Contempt Petitions Against RBI for Alleged Disobedience of RTI Directions. RBI's Disclosure Policy and Individual Information Requests Held Not in Contempt of Court's Earlier Judgment.

The Supreme Court dismissed three contempt petitions filed against the Reserve Bank of India (RBI) alleging wilful disobedience of its judgment dated ...

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Supreme Court Dismisses Appeal Against Refusal to Discharge Accused in Fake Currency Case. Prima Facie Evidence of Involvement Found Sufficient for Trial Under Sections 489B and 489C IPC.

The appellant, Dipakbhai Jagdishchandra Patel, was implicated in a case involving the possession and sale of counterfeit Saudi Arabian Riyal currency ...

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Supreme Court Dismisses Appeal, Upholds Life Conviction for Murder Under Section 302 IPC — Multiple Stab Wounds on Unarmed Deceased Negate Right of Private Defence and Sudden Fight Plea.

The Supreme Court dismissed the appeal filed by Nagji Odhavji Kumbhar and another against the judgment of the Gujarat High Court which upheld their co...