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Bombay High Court Dismisses Petition Challenging Rejection of Waiver of Interest Under Sections 234A, 234B, 234C of Income Tax Act, 1961. Petitioner Failed to Deposit Unutilized Capital Gains in Specified Account, Disentitling Waiver.

The petitioner, Humayun Suleman Merchant, filed a writ petition challenging an order dated 5th October 2004 passed by the Chief Commissioner of Income...

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KAHC010259352010_1

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Karnataka High Court Allows Appeal in Income Tax Case on Capital Gains Liability of Firm on Partner's Retirement. Full Bench resolves conflict under Section 45(4) of Income Tax Act, 1961 regarding liability when retiring partner receives only money for his share without distribution of assets.

The case involves an appeal under Section 260-A of the Income Tax Act, 1961, arising from an order dated 02.03.2006 in ITA No.1295/BANG/2004 for the a...

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Bombay High Court Division Bench Hears Writ Petitions Challenging Municipal Corporation's Power to Regulate Hoardings on Railway Property. Petitions seek declaration that Railway Properties exempt from local authority jurisdiction under Railways Act, 1989.

The Bombay High Court heard a batch of writ petitions filed by the Union of India (Western Railway) and numerous private advertising entities. The pet...

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Bombay High Court Upholds Constitution of Special Bench by ITAT President on CBDT Request in Income Tax Appeal. Power under Section 255(3) of Income Tax Act is Administrative and Not Subject to Prior Hearing or Natural Justice.

The petitioner, M/s Jagati Publications Ltd., a public limited company publishing a Telugu newspaper, filed a writ petition in the Bombay High Court c...

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KAHC010364002010_1

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