Search Results for "income share"

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Bombay High Court Allows Appeals by Acquiring Body in Land Acquisition Compensat...
Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Bombay High Court Dismisses Writ Petition Challenging Concurrent Findings in Sui...
Supreme Court Upholds Refusal to Eschew Proof Affidavit in Probate Proceedings. ...
Supreme Court Allows Agriculturists' Appeal for Enhanced Compensation; Condones ...

Search Results for "income share"

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High Court

Bombay High Court Pronounces Judgment in Batch of Writ Petitions Challenging Constitutional Validity of Section 295 Amendment and Demand for Unearned Income Under Maharashtra Land Revenue Code. The Lead Petition Involved Assignment of Leasehold Rights and a Demand of Over Rs. 94 Crores, With the Petitioners Alleging the Retrospective Amendment Violated Articles 14 and 19(1)(g).

3 May 2018

The judgment pertained to a batch of four writ petitions filed under Article 226 of the Constitution of India before the Bombay High Court, Ordinary O...

High Court

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.

7 Apr 2015

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

Supreme Court

Supreme Court Hears Appeals on Permanent Establishment of Formula One World Championship Limited; Revenue Accepts That No Royalty Was Payable Under Race Promotion Contract. High Court Had Reversed AAR and Held That FOWC Had a Permanent Establishment in India Under Article 5 of the India-UK Double Taxation Avoidance Agreement.

1 Aug 2026

The appeals arose from a tax dispute concerning the Formula One Grand Prix event in India. Formula One World Championship Limited (FOWC), a UK tax res...

Supreme Court

Supreme Court Allows Revenue's Appeal in Income Tax Case — Amalgamated Company Must File Return for Pre-Amalgamation Period. Section 153A Notice Validly Issued to Transferor Company Despite Amalgamation, and Failure to File Return Attracts Penalty Under Section 276CC.

1 Jan 2022

The Supreme Court allowed the appeal filed by the Principal Commissioner of Income Tax (Central) against the order of the Delhi High Court, which had ...

High Court

Bombay High Court Allows Plaintiff's Suit for Declaration and Possession in Property Identity Dispute. Plaintiff Established Use of Name Pushpa/Pushpalata Interchangeably and Held to Be True Owner of Flat Under Cooperative Society Share Certificate.

7 Aug 2015

This suit involved a dispute between two sisters-in-law over the ownership of a residential flat in Mumbai. The plaintiff, Pushpalata Sohanlal Sharma,...

High Court

Bombay High Court Allows Appeal in Income Tax Case — Reassessment Notice Invalid Beyond Four Years Without Allegation of Non-Disclosure. Arbitration Award Receipt Held as Capital Receipt, Not Income Under Section 147 of the Income Tax Act, 1961.

8 Nov 2023

The appellant, Ramona Pinto, an individual, filed an appeal under Section 260A of the Income Tax Act, 1961, against an order dated 2nd April 2018 pass...

High Court

Bombay High Court Partly Allows Appeal by NEKSRTC and Cross-Appeal by Claimants in Motor Accident Claim Case — Enhances Compensation for Death of Engineer in Bus Accident. The Court reassessed income, applied correct multiplier, added future prospects, and enhanced non-pecuniary damages under Motor Vehicles Act, 1988.

7 Dec 2023

The present appeals arise out of a judgment and award dated 10.02.2011 passed by the Motor Accident Claims Tribunal, Ambajogai, in Motor Accident Clai...

High Court

Bombay High Court Quashes Reassessment Order for Lack of Proper Opportunity of Hearing and Non-Communication of Section 151 Approval in Income Tax Reopening Proceedings. The court held that the Assessing Officer failed to grant a personal hearing as directed by the earlier order of the High Court and did not communicate the approval under Section 151 of the Income Tax Act, 1961, rendering the reassessment invalid.

20 Dec 2024

The petitioner, Wavy Construction LLP, challenged an order dated 14 October 2021 rejecting its objections against reopening of assessment under Sectio...

Supreme Court

"Supreme Court of India Resolves Complexities in Taxation of Mineral Rights" "Judgment Clarifies Legislative Powers and the Nature of Royalty in Mining Sector"

25 Jul 2024

The Supreme Court of India addressed a significant dispute regarding the distribution of legislative powers between the Union and the States, specific...

High Court

Bombay High Court Hears Reference on Validity of Penalties for Non-Payment of Advance Tax and Self-Assessment Tax by Trust Claiming Charitable Exemption. The Tribunal Upholds Penalties Under Sections 273(2)(a) and 140A(3) of Income Tax Act, 1961 Despite Assessee's Reliance on Supreme Court Precedents Regarding Charitable Purpose Exemption.

4 Aug 2017

The assessee, a trust founded in 1941, published newspapers and periodicals with stated charitable objects for the welfare of people from Kutch, Kathi...

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