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Bombay High Court Upholds Capital Gains Treatment for Land Sale by Estate Administrator — Assessee Not a Trader in Land. Surplus from sale of inherited land held as capital gain, not business income, under Income Tax Act, 1961.

The case involved a reference under Section 256(1) of the Income Tax Act, 1961, at the instance of the Revenue, challenging the Tribunal's decision th...

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High Court of Bombay Confirms Death Sentence for Accused in Rape and Murder of Four-Year-Old Girl. Conviction under Sections 302, 376(2)(i), 377, 363, 366, 201 read with 34 of Indian Penal Code Upheld for Acts Committed in Furtherance of Common Intention.

The case arises from a reference under Section 366 of the Code of Criminal Procedure, 1973 for confirmation of the death sentence and an appeal agains...

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Bombay High Court Allows Condonation of One-Day Delay in Filing Income Tax Return Due to Technical Glitch. Delay of One Day in E-Filing Held to Be Beyond Assessee's Control, Entitling Condonation Under Section 119(2) of Income Tax Act, 1961.

The judgment concerns two writ petitions filed by M/s. Cosme Matias Menezes Pvt. Ltd. and M/s. CMM Logistics Pvt. Ltd. against the Commissioner of Inc...