Bombay High Court allows revision under Section 264, addressing double taxation and rejecting the need for a revised return under Section 139(5).
Volvo Group India Pvt Ltd. Vs Union of India (Bombay High Court) Conclusion: The order of the original authority becomes merged with the order of the Revisionary Authority. Since the Revisionary Authority was located within the territorial jurisdiction of the Principal Seat of this Court, assessee had the option to file the petitions here or […]
Commissioner of GST and Central Excise (CX) was directed to recover interest from the salaries or retirement benefits of officers responsible for the non-renewal of fixed deposits (FDs) arising from seized cash during an investigation.
Bombay HC quashes trust registration cancellation for Little Sisters of the Poor Sawantwadi due to misdelivery of notice to incorrect email.
Bombay High Court remanded the matter of correct treatment of losses arising due to exchange rate fluctuation since order doesn’t deal with import of Section 43A of the Income Tax Act and its interplay with section 37(1).
Bombay High Court quashes income tax notices issued to a deceased person. Directs issuance of new notices to legal representatives and requests CBDT for procedure changes.
Explore the Bombay High Court’s ruling on Pall India Pvt Ltd’s goods classification dispute with the Union of India. Key points and implications discussed.
Bombay HC quashes notice under Section 148 for non-compliance with faceless assessment provisions in VDA Infosolutions Pvt. Ltd. Vs Union of India case.
Since upon the completion of Corporate Insolvency Resolution Process (CIRP), assessee had changed hands and commenced under a new ownership and management, the Bombay High Court held that tax proceedings pertain to period prior to the CIRP, and consequent to the approval of the resolution plan, the tax proceedings stood extinguished.
Bombay High Court held that entire process of according sanction under section 151 of the Income Tax Act for initiation of reassessment granted in a mechanical manner without application of mind is unjustified and hence reassessment proceedings quashed.
