Search Results for "low tax effect"

165 result(s) found

Scroll Down To Discover

Found 165 result(s)

© Image Copyrights Juris Services & Technology

Bombay High Court Quashes Reassessment Notices Under Section 148 of Income-tax Act for A.Y. 2012-13 Based on Search Action — Held That Section 153C Overrides Section 147 for Search-Related Assessments

The Bombay High Court disposed of a batch of writ petitions challenging notices issued under Section 148 of the Income-tax Act, 1961 for the assessmen...

© Image Copyrights Juris Services & Technology

Supreme Court Validates Sub-Classification of Scheduled Castes in Landmark Judgment. Upholding Equality Within Equality: Supreme Court Endorses State's Power to Sub-Classify Scheduled Castes for Targeted Reservation.

The Supreme Court of India, in a significant ruling, has upheld the constitutionality of sub-classifying Scheduled Castes for the purpose of reservati...

© Image Copyrights Juris Services & Technology

Supreme Court Upholds Ban on Apartmentalisation in Chandigarh Residential Plots to Preserve City's Original Character. Fragmentation of single dwelling units into multiple apartments violates Rule 16 of Chandigarh Estate Rules, 2007 and the Chandigarh Master Plan 2031.

The case involves a Public Interest Litigation filed by the Chandigarh Citizens Forum (appellants) against the Chandigarh Administration and others, s...

© Image Copyrights Juris Services & Technology

Supreme Court Upholds Service Element of Disability Pension for Sailor Discharged After 10 Years in Low Medical Category. Regulation 107 of Navy (Pension) Regulations, 1964 Entitles Personnel with Less Than 15 Years Service to Proportional Service Element.

The case involves an appeal by the Union of India against the order of the Armed Forces Tribunal, Regional Bench, Kochi, which held that the responden...

© Image Copyrights Juris Services & Technology

Bombay High Court Allows Assessees in Income Tax Reference Regarding Gold Bonds Profit as Capital Gain. Profit from sale of National Defence Gold Bonds held not taxable as business income under Income Tax Act, 1961, as transaction was not an adventure in the nature of trade.

The case involves three income tax references arising from a common order of the Income Tax Appellate Tribunal, Mumbai, for the assessment year 1980-8...