High Court of Bombay Adjudicates Income Tax Appeal Filed by Revenue. Appeal Concerns Assessment Year 2007-08 and Arises from Income Tax Appellate Tribunal Order.
1 Apr 2025...
Search Results for "income tax depreciation"
266 result(s) found
Found 266 result(s)
Supreme Court
Supreme Court Allows Appeals in Electricity Tariff Dispute — Gujarat Urja Vikas Nigam Limited v. Renew Wind Energy (Rajkot) Pvt Ltd. Renewable Energy Certificate (REC) Scheme does not override State Commission's power to determine tariff for wind energy under Section 62 of the Electricity Act, 2003.
13 Apr 2023The case involves appeals under Section 125 of the Electricity Act, 2003, by Gujarat Urja Vikas Nigam Limited and other distribution licensees against...
- 152
High Court
Bombay High Court Quashes Reassessment Notice Under Section 148 of Income Tax Act for Lack of Independent Application of Mind by AO. Reassessment based on borrowed satisfaction from investigation wing without forming own belief is invalid.
4 Dec 2021The petitioner, Skoda Auto Volkswagen India Private Limited, challenged a notice dated 23rd March 2011 issued under Section 148 of the Income Tax Act,...
- 29
High Court
High Court of Bombay at Goa Allows Assessee's Appeal in Income Tax Deduction Case Under Section 10B — CIT Cannot Revise Assessment Under Section 263 Without Proper Inquiry. The court held that the Commissioner must record satisfaction that the assessment order is both erroneous and prejudicial to the interest of revenue, and mere lack of discussion does not make it erroneous if the Assessing Officer has made due inquiries.
2 Nov 2020The case involves two tax appeals filed by Sesa Starlite Limited (formerly Sesa Goa Ltd.) against the Commissioner of Income Tax (CIT) concerning the ...
- 40
Supreme Court
Supreme Court Dismisses Revenue's Appeal in Service Tax Dispute on Gas Connection Charges. Measuring Equipment Installed for Supplier's Billing Purposes Not Taxable Under 'Supply of Tangible Goods Service' as Customer Does Not Use the Equipment.
28 Aug 2020The appeal arose from a judgment of the Customs, Excise & Service Tax Appellate Tribunal which set aside a demand for service tax on gas connection ch...
- 83
High Court
Bombay High Court Allows Claimant's Appeal for Enhanced Compensation in Motor Accident Case — Functional Disability of Barber Assessed at 100% Due to Leg Injury. Compensation Enhanced from Rs.2,38,100 to Rs.9,96,000 Under Section 166 of Motor Vehicles Act, 1988.
16 Aug 2018The appellant, Sunil @ Bapu Damodar Jagtap, a barber aged 49 years, sustained a permanent disability due to a leg injury in a motor vehicle accident. ...
- 64
High Court
Bombay High Court Dismisses Revenue's Appeal in Income Tax Case Regarding Set Off of Unabsorbed Business Loss Against Profits of Erstwhile 10A Unit. Tribunal's Order Allowing Set Off of Brought Forward Loss of Assessment Year 2002-03 Against Profits of 10A Unit in Assessment Year 2005-06 Upheld.
7 Apr 2015The case involves two appeals by the Revenue under Section 260A of the Income Tax Act, 1961, against the order of the Income Tax Appellate Tribunal, M...
- 71
High Court
Bombay High Court Dismisses Revenue's Appeal in Income Tax Revision Case — Tribunal's Order Not Erroneous or Prejudicial to Revenue. Transfer of Shares for Debt Settlement and Lease Premium Income Treated as Capital Receipts, Not Revenue.
22 Oct 2012The appeal by the revenue under Section 260A of the Income Tax Act, 1961 challenged the order of the Income Tax Appellate Tribunal (Tribunal) dated 21...
High Court
Bombay High Court Dismisses Petition Challenging Tribunal's Refusal to Recall Order on Depreciation of Stock Exchange Membership Card. Court Holds That Reliance on Uncited Precedent Without Hearing Does Not Constitute a Mistake Apparent on Record Under Section 254(2) of the Income Tax Act, 1961.
5 May 2010The petitioner, M/s Inventure Growth & Securities Limited, filed a writ petition under Article 226 of the Constitution challenging an order of the Inc...
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High Court
Bombay High Court Allows Writ Petition Challenging Reassessment Notices for Non-Disclosure of Reasons. Failure to Supply Recorded Reasons Under Section 147 of Income Tax Act, 1961 Violates Natural Justice and Renders Reopening Invalid.
16 Aug 2005The petitioner, Ajay Oxycholoride Floorings, a partnership firm, challenged two notices dated 20th February 1990 and 3rd June 1991 issued by the Assis...
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