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Supreme Court Allows Revenue's Appeal in Transfer Pricing Case — CBDT Instruction Not Mandatory. Assessing Officer's Power to Determine Arm's Length Price Under Section 92C(3) Upheld Despite Non-Reference to TPO.

The case involves an appeal by the Principal Commissioner of Income Tax-4, Mumbai against the judgment of the Bombay High Court which dismissed the Re...

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Supreme Court Dismisses Application for Clarification in AMIE Degree Equivalence Case. Institution of Mechanical Engineers (India) Cannot Claim Its Associate Membership Certificate as Equivalent to a Degree in Engineering Without UGC or AICTE Approval.

The case pertains to a Miscellaneous Application filed by the Institution of Mechanical Engineers (India) in a disposed Civil Appeal. The appellant, a...

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Supreme Court Allows Appeal in Specific Performance Suit, Restores Trial Court's Decree for Money Recovery Instead of Specific Performance. The High Court erred in granting specific performance as the transaction was found to be a loan with collateral security under the Specific Relief Act, 1963.

The Supreme Court allowed the appeal by the subsequent purchasers (appellants) against the High Court's decree granting specific performance of an agr...

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Supreme Court Allows Appeal in IBC Limitation Dispute — Application Under Section 7 Held Barred by Limitation. Acknowledgment of Debt in Balance Sheets Does Not Extend Limitation for Initiating CIRP Under IBC.

The Supreme Court allowed the appeal filed by Babulal Vardharji Gurjar, a director of Veer Gurjar Aluminium Industries Pvt. Ltd., against the order of...

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Supreme Court Allows Management's Appeal Against Reinstatement of Ad-hoc Lecturer: Termination Simpliciter for Unsatisfactory Work Upheld. The Court held that an ad-hoc employee's termination based on unsatisfactory performance is not punitive and does not require a formal inquiry.

The case involves an appeal by the management of an educational institution against the reinstatement of a lecturer appointed on an ad-hoc basis. The ...

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Supreme Court Allows Appeal by Union of India and ITBP Against High Court's Quashing of Land Acquisition Notifications for Battalion Headquarters. Urgency Clause Upheld for National Security Purposes Under Land Acquisition Act, 1894.

The Supreme Court allowed the appeal filed by the Union of India and the Director General of ITBP against the Allahabad High Court's judgment dated 10...