Search Results for "interest disallowed"

480 result(s) found

Scroll Down To Discover

Found 480 result(s)

© Image Copyrights Juris Services & Technology

Gujarat High Court Allows Appeal in Motor Accident Claim Case — Interest Awarded for Interregnum Period Despite Dismissal for Non-Prosecution. Claimants entitled to interest at 7.5% per annum from date of filing till restoration as no fault attributable to them.

The present appeal arises from a judgment and award dated 18.08.2006 passed by the Motor Accident Claims Tribunal (Auxiliary), Nadiad in MACP No.186/1...

© Image Copyrights Juris Services & Technology

Bombay High Court Allows Writ Petition of Charitable Trust Against Rejection of Condonation of Delay in Filing Form 9A Under Section 119(2)(b) of Income Tax Act, 1961. CBDT Circulars Must Be Liberally Construed to Grant Relief When Delay Is Due to Change in Procedure from Manual to Electronic Filing.

The petitioner, Nav Chetna Charitable Trust, is a trust registered under Section 12A of the Income Tax Act, 1961, and runs educational institutions. F...

© Image Copyrights Juris Services & Technology

Bombay High Court Upholds Reopening of Assessment Under Section 147(a) for Income Tax on Minimum Guarantee Receipts from Film Sale. Assessee's Failure to Disclose Full Consideration for Sale of Movie 'Charas' Justifies Reassessment Despite Partial Acceptance of Addition.

The case involves an income tax reference at the instance of the assessee, who sold a movie titled 'Charas' to M/s. Prakash Pictures on a minimum guar...

© Image Copyrights Juris Services & Technology

Bombay High Court Allows ESIC Appeal for Interest and Damages in Contribution Recovery Case. Employer's Liability for Delayed Payment of ESI Contributions Attracts Statutory Interest and Damages Under Sections 39(5)(a) and 85-B of ESI Act, 1948.

The appellant, Employees' State Insurance Corporation (ESIC), filed an appeal under Section 82 of the Employees' State Insurance Act, 1948, challengin...

© Image Copyrights Juris Services & Technology

High Court of Bombay at Aurangabad Dismisses Revenue's Challenge to Tribunal Order Quashing Penalty on Directors in Central Excise Case — No Vicarious Liability Without Evidence of Personal Involvement Under Central Excise Act, 1944.

The Commissioner of Central Excise and Customs, Aurangabad, filed a Writ Petition challenging the order of the Customs, Excise and Gold (Control) Appe...

© Image Copyrights Juris Services & Technology

Bombay High Court Quashes Reassessment Notice in Income Tax Case Due to Change of Opinion. Reopening of Assessment Under Section 148 of Income Tax Act, 1961 Based on Mere Change of Opinion Without New Material is Invalid.

The petitioner, M/s. Rabo India Finance Limited, a non-banking financial company, challenged a notice dated 28.3.2011 issued under Section 148 of the ...

© Image Copyrights Juris Services & Technology

Bombay High Court Dismisses Union of India's Appeal Against Arbitral Award in Railway Construction Contract Dispute. Court Upholds Arbitrator's Award of Compensation for Underutilization of Resources Due to Railway's Delays.

The Union of India, representing the South-East-Central Railway, appealed against an order of the District Judge, Nagpur, refusing to set aside an arb...