INCOME TAX APPEAL NO.626 OF 2010
12 Aug 2010The assessee, Godrej & Boyce Mfg. Co. Ltd., filed its income tax return for Assessment Year 2002-03 declaring a loss of Rs. 45.90 crores and claimed a...
Search Results for "Section 14-A"
219 result(s) found
Found 219 result(s)
High Court
High Court of Bombay Answers Reference on Applicability of Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act, 1989 and Bench Composition for Section 14-A Appeals. Reference Arises from Multiple Criminal Appeals Concerning Bail Orders in Atrocities Act Cases.
1 Sep 2023Background: The High Court of Bombay was seized of multiple criminal appeals arising under the Scheduled Castes and Scheduled Tribes (Prevention of At...
Supreme Court
Supreme Court Allows Assessee Banks in Income Tax Act Section 14A Dispute Over Disallowance of Interest Expenditure. Court held that when assessee banks have sufficient interest-free own funds exceeding investments in tax-free bonds and shares, no proportionate disallowance of interest under Section 14A is permissible, as investments are presumed to be made from interest-free funds.
9 Sep 2021The Supreme Court of India addressed a batch of civil appeals concerning the interpretation of Section 14A of the Income Tax Act, 1961, in the context...
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High Court
Bombay High Court Considers Whether Section 14A Applies to Dividend Income and Examines Constitutional Validity of Rule 8D. The Court analyzed whether income excluded under Section 10(33) of the Income Tax Act, 1961 constitutes 'income which does not form part of the total income' under Section 14A, and whether subsections (2) and (3) and Rule 8D apply retrospectively.
12 Aug 2010The matter involved an income tax appeal and a writ petition before the Bombay High Court arising out of disallowance under Section 14A of the Income ...
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High Court
Bombay High Court Dismisses Revenue's Appeal in Section 14A Disallowance Case — Upholds ITAT's Finding of No Satisfaction Recorded by AO. The Court held that the Assessing Officer must record satisfaction regarding the correctness of the assessee's claim before invoking Rule 8D for disallowance under Section 14A of the Income Tax Act, 1961.
20 Feb 2023The appeal was filed by the Revenue (Pr. Commissioner of Income Tax-14) against the order of the Income Tax Appellate Tribunal (ITAT) dated 5th April ...
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High Court
Bombay High Court Dismisses Revenue's Appeal in Income Tax Case — Disallowance Under Section 14A Not Applicable When No Exempt Income Earned. The court held that Section 14A of the Income Tax Act, 1961 cannot be invoked to disallow expenditure where the assessee has not earned any exempt income during the relevant assessment year.
3 Apr 2024The case pertains to an appeal filed by the Principal Commissioner of Income Tax-2, Mumbai, under Section 260A of the Income Tax Act, 1961, against an...
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Supreme Court
Supreme Court Allows Secured Creditors' Appeals in SARFAESI Act Case on Appointment of Advocate as Commissioner. The Court held that a District Magistrate or Chief Metropolitan Magistrate can appoint an advocate to take possession of secured assets under Section 14(1A) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, as an advocate is considered an officer of the court subordinate to the Magistrate.
25 Feb 2022The dispute centered on the interpretation of Section 14(1A) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security ...
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High Court
Bombay High Court Dismisses Petition Challenging Disqualification of Village Panchayat Member for Being Servant of Agricultural Produce Market Committee. Agricultural Produce Market Committee Held to be a Local Authority Under Section 14(1)(i) of Bombay Village Panchayat Act, 1958, and Section 3(31) of General Clauses Act, 1897.
22 Jul 2011The petitioner, Babasaheb Devram Sathe, was elected as a member of the Gram Panchayat, Jalgaon Budruk, in 2010 and also functioned as Sarpanch. The fi...
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High Court
Bombay High Court Quashes Criminal Proceedings Against Chairman of Sugar Factory in Provident Fund Embezzlement Case Due to Lack of Sanction Under Section 14A of Employees' Provident Funds Act, 1952. Non-deposit of provident fund contributions cannot be prosecuted under IPC without prior sanction under the EPF Act.
26 Oct 2018The petitioner, Dr. Ramprasad Ganeshlal Bajaj, was the Chairman of Jai Mahesh Sugar Industries, a private sugar factory. The factory deducted providen...
- 128
High Court
Bombay High Court Allows Revenue's Appeals in Part in Income Tax Dispute Involving Disallowances Under Section 14A, Section 37, and Section 10B. The court held that Section 14A disallowance requires satisfaction of AO, scientific research expenditure not allowable, demurrage is business expenditure, and Section 10B deduction remanded.
7 May 2021The case involves appeals by the Commissioner of Income Tax against the order of the Income Tax Appellate Tribunal (ITAT) which had partly allowed the...
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