Search Results for "Foreign currency income"

83 result(s) found

Scroll Down To Discover

Found 83 result(s)

© Image Copyrights Juris Services & Technology

High Court of Gujarat Enhances Compensation for Injured Motorcyclist in Motor Accident Claim — Tribunal's Award of Rs.10,44,212/- Modified to Rs.25,00,000/- with 9% Interest. Future Loss of Income Recalculated Based on Notional Income of Rs.4,500/- per Month and 40% Disability.

The appellant, Ambala Muljibhai Makwana (since deceased, represented by legal heirs), was driving a motor cycle on 18.01.2003 when a tanker bearing re...

© Image Copyrights Juris Services & Technology

Bombay High Court Quashes Reassessment Notice in Income Tax Case Due to Lack of Fresh Material. Reopening of Assessment Under Section 148 of Income Tax Act, 1961 Held Invalid When Income Was Already Subject of Block Assessment and Regular Assessment.

The petitioners, Audhut Timblo and Anju Timblo, challenged a notice dated 18.10.2006 issued under Section 148 of the Income Tax Act, 1961 for the asse...

© Image Copyrights Juris Services & Technology

Bombay High Court Upholds Acquittal of Assessee in Perjury Case — Inconsistent Statements Not Sufficient for Conviction Under Section 193 IPC. Income Tax Department's Appeal Dismissed as Prosecution Failed to Prove Deliberate Falsehood in Statement Under Section 132(4) of Income Tax Act, 1961.

The case arises from a criminal appeal filed by the Income Tax Department against the acquittal of the respondent, Dev Kumar Agarwal, for alleged perj...

© Image Copyrights Juris Services & Technology

Bombay High Court Dismisses Petition Challenging FEMA Show Cause Notices Against BCCI President. Section 42 of FEMA applies to persons in charge of and responsible for the conduct of business of a company, and the petitioner as President is covered.

The petitioner, Shashank Vyankatesh Manohar, was the President of the Board of Control for Cricket in India (BCCI) from 2008 to 2011. During this peri...

© Image Copyrights Juris Services & Technology

Bombay High Court Dismisses Petition Challenging Rejection of TDS Refund Under Section 264 of Income Tax Act, 1961. Assessee Failed to Establish That Payments to Foreign Collaborator Were Not Royalty Under Section 9(1)(vi) Read with DTAA.

The petitioners, M/s BASF (India) Limited and Mr. P.A. Ramasamy, filed a writ petition challenging the order dated 28th February 2001 passed by the Co...