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"Bombay High Court Quashes Tax Proceedings Against Uttam Value Steels Ltd. Post-Resolution Under IBC" "Resolution Plan Approval Under IBC Shields Corporate Debtor from Pre-Insolvency Tax Claims."

  1. Background of the Case: The petition was filed by Uttam Value Steels Ltd. and Mr. Subodh Karmarkar challenging multi...

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Bombay High Court Nullifies Faceless Assessment Notices Issued Without Jurisdiction. Court Upholds the Faceless Assessment Mechanism, Invalidates Notices Issued by Non-Faceless Officers.

The Bombay High Court, in the case of Abhin Anilkumar Shah vs. Income-tax Officer, International Tax Ward Circle 4(2)(1), Mumbai & Ors., quashed t...

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Court Quashes Order Allowing Witness to Refresh Memory During Examination-in-Chief. Court clarifies limits on refreshing witness memory under the Evidence Act and Cr.P.C.

The High Court quashed the trial court's order permitting a witness to refresh his memory using a statement recorded under Section 161 of the Code of ...

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High Court Quashes Reassessment Proceedings Against Uttam Galva Metallics Ltd. Resolution Plan Under IBC Precludes Tax Reassessment for Pre-Resolution Period, Rules Bombay High Court.

The Bombay High Court quashed the reassessment proceedings initiated by the Income Tax Department against Uttam Galva Metallics Ltd. for the assessmen...

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High Court Quashes 12-Year-Old Proceedings Due to Procedural Irregularities. Bombay High Court (Goa Bench) sets aside Sub-Divisional Magistrate’s order in a land dispute case, citing lack of adherence to Section 145 of the Criminal Procedure Code.

The Bombay High Court, Goa Bench, quashed an order passed by the Additional Sessions Judge, which had remanded a 2012 land dispute case back to the Su...

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High Court Quashes Reassessment Notice Against Bank for AY 2015-16; Holds Notice Based on "Change of Opinion" Invalid. Failure to demonstrate non-disclosure of material facts renders reassessment notice issued after four years unsustainable.

The High Court quashed a reassessment notice issued to a bank for the Assessment Year 2015-16, holding that the notice was based solely on a change of...

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Bombay High Court Quashes Reassessment Notice for AY 2013-14 Citing Lack of Proper Grounds. Court rules that reassessment cannot be initiated after four years without evidence of the assessee’s failure to disclose material facts during original scrutiny assessment.

  The reassessment proceedings initiated against the petitioner for the Assessment Year (AY) 2013-14, after scrutiny assessm...

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Bombay High Court Rules in Admiralty Jurisdiction Case: Cockette Marine Oil vs. OSV Beas Dolphin. Court Rejects Summary Judgment Amidst Insolvency Proceedings, Highlights Impact of IBC Moratorium on Maritime Claims.

The Bombay High Court, under the Admiralty jurisdiction, considered an application for summary judgment filed by Cockette Marine Oil DMCC against OSV ...

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Assessment Order Quashed Due to Violation of Principles of Natural Justice

The Bombay High Court quashed the assessment order dated March 27, 2024, passed against Cheftalk Food and Hospitality Services Pvt. Ltd. under Section...

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Bombay High Court Upholds Partial Relief to Assessee in Bogus Purchases Case. Court emphasizes the need for concrete evidence before labeling transactions as bogus.

The Bombay High Court delivered its judgment on appeals filed by the Revenue and SVD Resins & Plastics Pvt. Ltd. concerning the genuineness of cer...