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Bombay High Court Quashes Building Tax Assessment Orders Against Company in Panchayat Tax Dispute — Violation of Natural Justice. Orders Passed Without Hearing Set Aside, Matter Remanded for Fresh Consideration Under Maharashtra Zilla Parishads and Panchayat Samitis Act, 1961.

The petitioner, Weikfield Agro Products Ltd., filed a writ petition under Article 226 of the Constitution of India challenging the orders dated 21.12....

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Bombay High Court Quashes Reassessment Notice for Lack of Jurisdiction and Limitation — Income Tax Act, 1961 Sections 147, 148, 148A, 149, 151. Reassessment notice issued beyond limitation period and without fresh information under Explanation 1 to Section 148 is invalid.

The petitioner, Godrej Industries Ltd., challenged a show cause notice dated 24th May 2022 under Section 148A(b), an order dated 31st July 2022 under ...

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Bombay High Court Dismisses Revenue's Appeal in Income Tax Classification Dispute. Income from Hotel Management Agreement Held to be Business Income Under Section 28 of Income Tax Act, 1961.

The case involved an appeal by the Revenue under Section 260-A of the Income Tax Act, 1961, against the order of the Income Tax Appellate Tribunal. Th...

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Bombay High Court Dismisses Petition Challenging Tax Deduction at Source on Land Acquisition Compensation. Section 194LA of Income Tax Act, 1961 Held Applicable at Time of Payment, Not Award Date.

The petitioners, owners of land acquired under the Land Acquisition Act, 1894, were aggrieved by the deduction of tax at source under Section 194LA of...