Bombay High Court confirms full disallowance of expenses on unproven purchases, citing failure to prove genuineness and reliance on precedent.
Bombay HC dismisses tax appeals below new monetary limits (Circular 9/2024), finding exceptions (Circular 5/2024) apply prospectively, not to pending cases.
Bombay High Court upholds disallowance of short-term capital loss in Trends Pharma case, finding the share transaction a sham to avoid tax.
Bombay High Court dismisses Sawai Fragrances’ writ plea over GST order, citing alternate remedy and suppression of facts. Cost of ₹1 lakh imposed.
Bombay High Court quashes income tax notices to Srimani Basu due to improper service from address discrepancy, grants fresh hearing opportunity.
Bombay High Court permits challenge to 153C jurisdiction, ruling cross-objections not required to support favorable order.
Bombay High Court disposed of tax appeals related to IPL Loan Trust, citing CBDT circulars on low tax effect and legal precedent.
Bombay HC stayed a GST order against Grainotch Industries, questioning the legality of a consolidated notice and double taxation.
Bombay HC disposes of Sai Service case after CBIC clarifies input tax credit eligibility for demo vehicles via a circular issued on 10.09.2024.
Bombay HC condones delay in electronic filing of Form 10B for Borivli Education Society, ruling that manual submission within time was substantial compliance.
