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Bombay High Court Quashes Reassessment Notice Under Section 148 of Income Tax Act, 1961 for Lack of Reasonable Belief and Change of Opinion. Reassessment Beyond Four Years Invalid Without Allegation of Failure to Disclose Material Facts.

The petitioner, Nivi Trading Limited, a private limited company, filed its return of income for Assessment Year 2010-11 on 15th September 2010 declari...

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High Court of Bombay Considers Challenge to Arbitral Award in Construction Subcontract Dispute. Petition filed by main contractor against subcontractor's award under Section 34 of Arbitration and Conciliation Act, 1996.

Patel Engineering Co. Ltd (PEC) challenged an arbitral award dated 25 January 2010 under Section 34 of the Arbitration and Conciliation Act, 1996 in t...

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Bombay High Court Directs Strict Compliance with Child Victim Rights in POCSO Cases. Court Mandates Implementation of Section 40 POCSO Act and Section 439(1-A) CrPC to Ensure Child Participation and Legal Assistance.

The petitioner, a social worker assisting child victims of sexual abuse, filed a Public Interest Litigation before the Bombay High Court seeking enfor...

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KAHC010000842011_1

The matter comprised a batch of writ petitions filed before the High Court of Karnataka at Bangalore, listed under Writ Petition No. 32186 of 2010 and...

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Madras High Court Allows Assessee's Appeal in Income Tax Case — Unabsorbed Depreciation Set-off Against Section 69 Addition Upheld. Addition of Unaccounted Stock Treated as Business Income Under Section 32(2) of Income-Tax Act, 1961.

The case involves an appeal by M/s.Sivasakthi Threads (assessee) against the order of the Income-Tax Appellate Tribunal which upheld the rejection of ...