The Bombay High Court in State of Maharashtra Vs Suresh Vitthal Mule, R/o. Kasheli, Tal. Rajapur, Dist. Ratnagiri has held that merely driving a vehicle at a high speed is not enough to attract the offence of rash and negligent driving while dismissing the state government's application to overturn the acquittal of a Ratnagiri resident accused of running his vehicle over the legs of a woman resulting in amputation of her left leg.
The division Bench of the Delhi High Court in Pr.Commissioner of Wealth Tax vs. Raghu Hari Dalmia held that a valuation report made by a registered valuer once adopted shall be in effect for four assessment years unless an event has occurred whereby the value is increased or decreased. The High Court made it clear that the event of “search” under Section 132 of the Income Tax Act, 1961 cannot compel the assessee to undertake a fresh valuation.
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