Bombay High Court held that re-opening of assessment under section 148 of the Income Tax Act, without indicating basis for having a reason to belief that income has escaped assessment, merely based on change of opinion is unsustainable in law and liable to be quashed.
Bombay High Court held that failure to pass a draft assessment order under section 144C(1) of the Income Tax Act results in rendering the final assessment as one without jurisdiction.
Bombay High Court held that rejection of benefit under Direct Tax Vivad Se Vishwas Act 2020 (DTVSV) unjustified as pendency of prosecution was in respect of any issue and not in respect of tax arrears.
Learn about the Bombay High Court’s ruling on the retrospective application of an amendment to Section 54F in the case of Hemant Dinkar Kandlur vs CIT
Discover groundbreaking People Interactive v. Gaurav Jerry case where Bombay High Court deems trademark use in meta-tags illegal, protecting brand integrity.
Bombay High Court directs Senior Intelligence Officer and Directorate of Revenue Intelligence to respond in a custom seizure case involving valuable gold bars and coins.
Bombay High Court held that the provisions of the Civil Code could not create any right in a spouse, who is not registered shareholder of the company, by operation of law, in relation to other shareholders of that company including her spouse. Accordingly, beneficial ownership held by one spouse cannot be taxed on the basis of 50% to each.
Read the full text of the judgment/order of the Bombay High Court in the case of Schindler India Pvt. Ltd. vs. State of Maharashtra concerning VAT assessment.
Explore intricate case of Putzmeister Concrete Pumps GmbH vs. Putzmeister India Pvt. Ltd. in Bombay High Court involving bank guarantees, joint ventures, and complex financial transactions
Bombay High Court held that Dispute Resolution Panel (DRP) could give directions only in pending assessment proceedings. Once assessment order is passed, DRP has not power to pass any direction.
