Bombay HC rules GST not applicable to Goa University’s affiliation, prospectus, migration fees, deeming them non-commercial statutory charges.
Bombay High Court held that demand in respect of the duty drawbacks post approval of resolution plan is liable to be waived off in terms of section 31A of the Insolvency and Bankruptcy Code, 2016. Accordingly, writ stand allowed.
The petitioner filed its return of income u/s 139(1) of the Act on 24 November 2014 which was subsequently revised on two occasions namely on 17 March 2016 and 25 March 2016 which was further modified on 29 November 2016.
Bombay HC confirms ITAT decision setting aside PCIT’s Section 263 revision, holding AO took a valid view on interest disallowance under Section 14A.
Bombay HC rules on GST applicability to developer agreements, distinguishing them from TDR/FSI transfers under Entry 5B of GST notification.
Bombay High Court grants interim relief in GST dispute on land development rights under a revenue-sharing agreement between Nirmal Lifestyle and L&T Realty.
Bombay High Court declines to quash reassessment notice against Sanjay Patel, citing incomplete information and liberty to appeal.
Bombay HC permits Optra Health to correct ITR name error for AY 2017-18 after delay due to internal issues. Court emphasizes justice over technicalities.
The plaintiff entity is a company engaged in the business of constructing and redeveloping immovable properties, either on a contractual or collaborative basis, and subsequently selling such properties.
Bombay High Court held that Court cannot exercise its discretionary jurisdiction to restrain income tax officers from proceedings with assessment proceedings where huge unaccounted income in accommodation entry has been detected.