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High Court Quashes Income Tax Reassessment Notice for Assessment Year 2015-16 as Time-Barred Under Amended Finance Act Provisions -- Petitioner Challenges Notice Under Section 148 of Income Tax Act, 1961 Based on Search Documents

The High Court of Gujarat allowed a writ petition challenging a reassessment notice under Section 148 of the Income Tax Act, 1961 for Assessment Year ...

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High Court Allows Writ Petition Quashing Income Tax Reassessment Notice Under Section 148 of Income Tax Act, 1961 Due to Time-Barred Proceedings -- Reassessment Based on Search Documents Found Invalid Under Amended Provisions

The petitioner filed a writ petition under Article 226 of the Constitution of India to quash a reassessment notice issued under Section 148 of the Inc...

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High Court Quashes Income Tax Reassessment Notice Under Section 148 Due to Lack of Tangible Material. Reassessment Based on Seized Documents from Unrelated Entities Declared Invalid

The High Court of Gujarat allowed the writ petitions challenging reassessment notices under Section 148 of Income Tax Act, 1961. The petitioner, an in...

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High Court Quashes Reassessment Notice Under Income-tax Act as Time-Barred -- Reassessment for Assessment Year 2015-16 Held Invalid Due to Limitation Under Sections 148, 149, 153A, and 153C

The High Court of Gujarat allowed a writ petition challenging a reassessment notice under Section 148 of the Income-tax Act, 1961 for Assessment Year ...

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Supreme Court Enhances Compensation for Motor Accident Death - Widow and Six Dependents Granted Additional Rs. 2,22,180/- Over High Court Award - Income Reassessment, Multiplier Correction, and Conventional Heads Properly Awarded Under Motor Vehicles Act

The Supreme Court enhanced the compensation awarded to the dependents of Sobran Singh who died in a motor accident at age 33. The Court reassessed the...

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Supreme Court Allows Deductions Under Sections 80-IA and 80-HHC of Income Tax Act Without Restriction Under Section 80-IA(9) — Holds That Each Deduction Is Computed on Eligible Profits Separately and Cumulative Deduction Is Permissible Up to Gross Total Income.

The case involved a group of appeals concerning the interpretation of Section 80-IA(9) of the Income Tax Act, 1961, specifically whether an assessee w...

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Supreme Court Partially Allows Appeal in Motor Accident Claim — Mother of Deceased Entitled to Dependency Compensation, Married Daughter Only Entitled to No-Fault Liability Under Section 140 of Motor Vehicles Act, 1988

The case arises from a motor accident claim under the Motor Vehicles Act, 1988. On 26 January 2008, the deceased, Paras Sharma, was riding a two-wheel...

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Supreme Court Enhances Compensation for Deceased’s Family in Motor Accident Claim. Assessment of Just Compensation—Multiplier & Future Prospects Revisited—MACT & High Court Orders Modified

Monthly Income Adjusted: ₹7,000 was considered, including notional income and family pension. Multiplier Increased: Held at 14 instead of 9,...