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Bombay High Court

No record of service of notice or order: Bombay HC set aside GST Refund rejection order

May 2, 2024 822 Views 0 comment Print

Discover the Bombay High Court’s ruling in the case of Netcore Solutions Pvt. Ltd. vs. Union of India & Ors., where the rejection order of a refund claim was set aside due to procedural irregularities.

Section 143(1) Assessment cannot be Reopened on Mere Suspicion: Bombay HC

April 28, 2024 10452 Views 0 comment Print

Explore how the Bombay High Court ruled against reopening Section 143(1) assessments without valid reasons, safeguarding taxpayers’ rights. Detailed analysis and implications.

Arbitral Tribunal can implead non-signatories to Arbitration Agreement: Bombay HC

April 28, 2024 834 Views 0 comment Print

Bombay High Court’s ruling on Cardinal Energy vs. Subramanya Construction explores the power of Arbitral Tribunals to include non-signatories to arbitration agreements.

Income from Subsequent Development Grant: Long-Term Capital Gains, Not Other Sources

April 26, 2024 1143 Views 0 comment Print

Sunil Pran Sikand Vs ACIT (Bombay High Court) In the recent case of Sunil Pran Sikand Vs ACIT before the Bombay High Court, a crucial question arose regarding the tax treatment of income derived from subsequent development grants. This case sheds light on the intricate balance between categorizing such income as long-term capital gains or […]

Negligence of tax authorities: HC Orders Income Tax Refund Credit to Petitioner

April 26, 2024 519 Views 0 comment Print

Explore the Bombay High Court’s ruling on the refund issue in Grace Associates Vs Union of India case. Detailed analysis and implications discussed.

Form 10B Filing delay due to Auditor Oversight is reasonable Cause: Bombay HC

April 25, 2024 8793 Views 0 comment Print

Learn how the Bombay High Court ruled on Al Jamia Mohammediyah Education Society vs. CIT regarding trust management’s delay in filing returns due to auditor error.

Contribution to Compensatory Afforestation Fund is revenue expenditure: Bombay HC

April 25, 2024 885 Views 0 comment Print

Bombay High Court ruling favors Tata Steel, allowing its Rs. 212.52 crores contribution to Compensatory Afforestation Fund as revenue expenditure, dismissing IT department’s appeal.

Direct Issuance of Form SVLDRS 3 violates Natural Justice Principles: Bombay HC

April 23, 2024 753 Views 0 comment Print

Bombay High Court condemns the issuance of SVLDRS Form 3, directs issuance of Form 2, affirms petitioner’s right to a personal hearing. Read the full judgment here.

Bombay HC Quashes GST Recovery Proceedings Against Company Director

April 19, 2024 2955 Views 0 comment Print

Bombay High Court quashes recovery proceedings against a company director for GST recovery from personal property, citing constitutional violations.

Bombay HC allows interest on entire Income Tax Refund to CEAT Limited

April 19, 2024 2787 Views 0 comment Print

Read about the Bombay High Court’s judgment in Ceat Limited Vs CIT, where Ceat was entitled to interest on a tax refund exceeding 10% of the tax determined on regular assessment.

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