Explore Bombay High Court’s ruling on Hasmukh Estates Pvt. Ltd. vs. ACIT, challenging reassessment based on internal audit objections and a ‘change of opinion.
The Bombay High Court restrains the GST department from issuing final orders on demand notices against Delta Corp Limited. Get the details of the case and implications.
Bombay High Court acquits CA Gordhanbhai Madhabhai Savalia, citing inordinate delay, lack of evidence, and legal complexities in professional misconduct case.
Admission fees paid to a club towards corporate membership would be a revenue expenditure because it had been incurred wholly and exclusively for the purposes of business and not towards capital account.
Bombay High Court has cautioned tax officers for significant delays in serving assessment orders on taxpayers. The court quashed an assessment order due to lack of diligence and emphasized principles of natural justice.
Bombay High Court remands 11 refund appeals, instructs petitioner to provide details. A clerical error led to the initial rejection.
Bombay High Court held that the reopening notice can be sustained only on the basis of the ground mentioned in the reasons recorded. It is not open to the revenue to add and/or supplement later the reasons recorded at the time of reopening notice. Accordingly, reassessment proceedings set aside.
Bombay High Court held that taking recourse to the provisions of Section 166A of the Code of Criminal Procedure, 1973 for issuance of the Letter of Rogatory by the Magistrate without following procedure prescribed under section 155(2) cannot be sustained and deserved to be quashed.
Learn about the Bombay High Court’s ruling on the State Tax Officer’s authority to block ITC Ledger and the implications for businesses. Get the full judgment here.
High Court’s decision to set aside a 2016 ex-parte order, impacting best judgment assessment for Parina Laboratories Pvt. Ltd. Get insights into case and its implications.
