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Bombay High Court Quashes Reopening Notices Under Section 148 of Income Tax Act for Lack of Reasonable Belief of Income Escaping Assessment. Reassessment Initiated Beyond Four Years Without Fresh Material or Failure to Disclose by Assessee is Invalid.

The judgment concerns two writ petitions filed by M/s German Remedies Ltd., a public limited company engaged in manufacturing pharmaceutical products,...

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Bombay High Court Partly Allows Insurance Company's Appeal Reducing Compensation in Motor Accident Claim Due to Lack of Income Proof. Deceased's income assessed notionally at Rs.15,000/- per month as documentary evidence was insufficient and not proved.

The appeal was filed by Cholamandalam MS General Insurance Co. Ltd. challenging the judgment and order dated 03.08.2015 passed by the Motor Accident C...

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Bombay High Court Dismisses Petition Seeking OBC Candidature in MBBS Admission Due to Incorrect Caste Category Selection. Petitioner's claim for OBC category rejected as she selected 'General' category in application form despite possessing OBC certificate.

The petitioner, Pranjali Bhalchandra Shirsat, filed a writ petition under Article 226 of the Constitution of India before the Bombay High Court seekin...

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Gujarat High Court Allows Appeal in Motor Accident Claim Due to Incorrect Income Assessment and Deduction of Personal Expenses. Compensation Enhanced from Rs.13,31,000/- to Rs.22,14,200/- for Deceased Driver's Legal Heirs Under Section 173 of Motor Vehicles Act, 1988.

The present appeal arises from a motor accident claim petition filed by the legal heirs of the deceased Sikandar Jusab Dharas, who died in a vehicular...

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Bombay High Court Allows Writ Petitions Challenging Rejection of Declaration under Income Declaration Scheme, 2016. The court quashed reassessment and prosecution notices under Section 276CC of Income Tax Act, 1961, holding that valid declaration under the Scheme grants immunity.

The petitioners, Umesh D. Ganore and Mangesh D. Ganore, filed two writ petitions challenging the decision of the Revenue Authority in not accepting th...

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Bombay High Court Quashes Reassessment Notice Under Section 148 of Income Tax Act, 1961 for Lack of Fresh Material. Reopening Based on Mere Change of Opinion on Disallowance Under Section 40(a)(ia) is Invalid.

The petitioner, M/s. NDT Systems, a partnership firm engaged in non-destructive testing business, filed its return of income for assessment year 2007-...

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Bombay High Court Quashes Reopening Notice Under Section 148 of Income Tax Act for Lack of Fresh Material. Reimbursement of Expenses Disclosed in Return and Application Under Section 195(2) Sought, No Failure to Disclose Material Facts.

The petitioner, Monitor India Pvt. Ltd., a subsidiary of a Dutch company, challenged a notice dated 22 March 2011 issued under Section 148 of the Inco...