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Bombay High Court Hears Writ Petition Challenging Taxability of Interest Received on Enhanced Motor Accident Compensation. Petitioner Claims Interest is Capital Receipt and Not Taxable; Revenue Relies on Sections 56(2)(viii) and 145A(b) of Income Tax Act, 1961.

The petitioner, a 48-year-old man rendered paraplegic and bedridden since a road accident at age 8, filed a writ petition challenging the taxability o...

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Bombay High Court Decides Reference on Difference of Opinion in Municipal Tax Assessment Case. Question of law regarding determination of annual letting value under Section 154 of Mumbai Municipal Corporation Act, 1888 for premises exempt under Maharashtra Rent Control Act, 1999.

This judgment is a reference to a third judge following a difference of opinion in an appeal against a Single Judge's decision in a writ petition conc...

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Bombay High Court Quashes Prosecution of Directors for Delayed TDS Deposit Under Section 276B Income Tax Act — Delay Not Equivalent to Failure to Pay. Vicarious Liability Requires Specific Averments of Being In-Charge and Responsible; No Notice Under Section 2(35) or Order Under Section 201(1) Passed.

The petitioners, directors of M/s. Hubtown Ltd., challenged the issuance of process against them under Section 276B r/w 278B of the Income Tax Act, 19...

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Bombay High Court Quashes Reassessment Notices for Non-Resident Taxpayer Due to Lack of Jurisdictional Satisfaction. Section 148 notices under Income Tax Act, 1961 set aside as Assessing Officer failed to record reasons and obtain sanction before issuing notices beyond four years.

The petitioner, a non-resident Indian residing in Dubai, was regularly assessed to tax in India on income accruing or arising in India. He had investe...

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Bombay High Court Allows Writ Petitions Challenging Levy of Stamp Duty on Mining Lease Deeds — Stamp Duty on Mining Lease Deeds Must Be Computed Under Article 35(a) of Schedule I of the Maharashtra Stamp Act, 1958 Based on Average Annual Royalty, Not on Dead Rent or Total Consideration.

The petitioners, who are holders of mining leases for minor minerals in the State of Maharashtra, challenged the levy of stamp duty on their mining le...

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Bombay High Court Dismisses Writ Petition Challenging Eviction Notice Under Slum Act — Petitioner Failed to Show Cause. Petitioner did not respond to show cause notice under Section 33 of Maharashtra Slum Areas (Improvement, Clearance and Redevelopment) Act, 1971, making writ petition premature.

The petitioner, Ashok Mahadeo Palvankar, filed a writ petition in the Bombay High Court challenging a notice dated 2.12.2004 issued under Section 33 o...

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National Consumer Disputes Redressal Commission Dismisses Appeal Seeking Substitution of Director in Consumer Execution Proceedings During CIRP. Moratorium under Section 14 of IBC does not bar substitution of director as the corporate debtor remains liable.

The case involves an appeal filed by Sudheschandra Gupta against an order dated 01.10.2021 of the State Consumer Disputes Redressal Commission, Mahara...