Receipt of immovable property requires actual possession or enjoyment; redevelopment allotments exchanged for tenancy rights fall outside deemed incom...
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Transfer-pricing benchmarking and capital-receipt principles sustained taxpayer relief, while unsupported property-advance write-offs remained disallo...
SC upheld the HC's decision rejecting the application under Order VII Rule 11 of CPC. The court established a two-pronged test for determining whether a work qualifies as a 'design' under the Designs Act, focusing on: (i) the nature of the artistic work and its industrial application, and (ii) the functional utility of the work. The Commercial Court was directed to conduct a comprehensive trial within one year, independently assessing the infringement claims and the true nature of the Proprietary Engineering Drawings, and to decide on the interim injunction application within two months.
SC upheld the HC's decision rejecting the application under Order VII Rule 11 of CPC. The court established a two-pronged test for determining whether a work qualifies as a 'design' under the Designs Act, focusing on: (i) the nature of the artistic work and its industrial application, and (ii) the functional utility of the work. The Commercial Court was directed to conduct a comprehensive trial within one year, independently assessing the infringement claims and the true nature of the Proprietary Engineering Drawings, and to decide on the interim injunction application within two months.
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