Search Results for "Assessment Year"

51 result(s) found

Scroll Down To Discover

Found 51 result(s)

© Image Copyrights Juris Services & Technology

Assessment proceedings cannot be reopened based on change of opinion within 4 years – Notice under Section 148 declared without jurisdiction.

Bombay High Court Quashed Reassessment Notice Issued Under Section 148 of the Income Tax Act, 1961 Constitution of India, 1950 – Article 226 – Wr...

© Image Copyrights Juris Services & Technology

Assessment Orders Passed in Name of Non-Existent Entities Post-Amalgamation Held Void Ab Initio – Reliance Industries Limited vs. Commissioner of Income Tax. Jurisdictional Ground Raised After Three Decades Upheld – Supreme Court Precedents on Amalgamation Applied

Jurisdictional Issue:– Assessment orders passed against non-existent entities post-amalgamation are void ab initio, as the entities cease to exist a...

© Image Copyrights Juris Services & Technology

Compounding of Offences – Definition of First Offence – Discretion of Tax Authorities.

Income Tax Act, 1961 – Section 276CC – Compounding of Offences – Discretionary Relief – Interpretation of Guidelines – Supreme Court’s Rev...

© Image Copyrights Juris Services & Technology

"Faceless Tax Assessments: Bombay High Court Quashes Order Violating Natural Justice" Ensuring procedural compliance under Section 144B of the Income Tax Act.

The legality of an income tax assessment order passed in violation of Section 144B of the Income Tax Act, 1961. The Bombay High Court held the order t...

© Image Copyrights Juris Services & Technology

Accident Compensation Appeal Dismissed by Tribunal Based on Annual Income and Dependency Considerations. Tribunal dismisses appeal against assessed income and compensation in motor accident claim, considering dependency and multiplier principles.

An appeal was filed challenging the Tribunal’s assessment of the deceased’s income and the calculated compensation for his family due to his untim...

© Image Copyrights Juris Services & Technology

Income Tax Assessment of Rental Income for Leasing Companies: A Judicial Review. Evaluating the Taxable Nature of Leasing Income: Business Gains or House Property Income?

The Bombay High Court evaluated whether rental income from leasing properties should be classified as "Income from House Property" or "Income from Bus...

© Image Copyrights Juris Services & Technology

A Judicial Analysis of Bogus Purchases and Disallowances.

The Bombay High Court addressed three income tax appeals filed by Appellant challenging the findings of the Income Tax Appellate Tribunal (ITAT) and t...

© Image Copyrights Juris Services & Technology

High Court Upholds Exemption for Shirdi Sai Baba Trust's Anonymous Donations Religious and Charitable Trust Entitled to Tax Exemption Under Section 115BBC(2)(b)

The Bombay High Court, involves the appeals by the Commissioner of Income Tax (CIT) challenging the Income Tax Appellate Tribunal's (ITAT) decision in...

© Image Copyrights Juris Services & Technology

Double Taxation Due to Inadvertent Mistake Rectified: Bombay High Court Allows Revision Under Section 264. Commissioner’s Rejection of Revision Applications Overruled; Powers Under Section 264 Applied to Correct Over-Assessment.

This case involves three petitions filed by the assessee challenging the rejection of its revision applications under Section 264 of the Income Tax Ac...