Search Results for "section 43B"

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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...

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High Court Dismisses Review Petition in Property Partition Case - Husband's Inheritance Rights Upheld Under Hindu Succession Act Section 15(1) Despite Property Being Inherited from Father

The High Court dismissed a review petition challenging its earlier judgment in a Hindu succession case. The petitioners sought review of a judgment th...

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Madras High Court Allows Writ Petitions Seeking Compliance with BIFR Rehabilitation Scheme and Waiver of Pre-Deposit in Customs Dispute. BIFR Scheme Binding on Government Departments; Pre-Deposit Condition Quashed for Sick Industrial Company Under Section 35F of Central Excise Act, 1944.

The petitioner, SMS Lifesciences India Limited, filed two writ petitions. The first sought a mandamus directing respondents 1 to 3 (Director General o...

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Madras High Court Allows Writ Petitions Seeking Compliance with BIFR Rehabilitation Scheme and Quashes Pre-deposit Order in Customs Dispute. Merger of Sick Company with Petitioner Under SICA Extinguishes Pre-deposit Liability, and Revenue Authorities Are Bound by the BIFR Scheme.

The petitioner, SMS Lifesciences India Limited, filed two writ petitions. The first sought a writ of mandamus directing respondents 1 to 3 (Director G...

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Bombay High Court Dismisses Revenue's Application for Reference in Income Tax Case Involving Government Audit Fees and PF Payments. Government Audit Fees Held Not a Duty, Cess or Tax Under Section 43-B of Income Tax Act, 1961.

The Commissioner of Income Tax, Kolhapur, filed an application under the Income Tax Act, 1961, seeking a direction to the Income Tax Appellate Tribuna...

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Supreme Court Dismisses Appeals in Land Acquisition Compensation Case, Upholding High Court's Market Value Assessment. The Court affirmed the compensation rates based on sale exemplars, growth factor enhancements, and appropriate deductions for development charges under the Land Acquisition Act, 1894.

The Supreme Court of India dealt with multiple civil appeals arising from a land acquisition dispute in Haryana. The proceedings were initiated for ac...