Search Results for "Section 148 Income Tax Act"

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Bombay High Court Quashes Reassessment Notice Under Section 148 of Income Tax Act for Lack of Failure to Disclose Material Facts. Reassessment initiated beyond four years without establishing that assessee failed to fully and truly disclose all material facts is invalid.

The petitioner, Vodafone Idea Ltd., successor in interest of M/s Idea Cellular Ltd., filed a writ petition challenging a notice dated 2nd August 2019 ...

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Special Court Convicts Broker and Beneficiaries in BMC Bank Securities Fraud; Acquits Employees and Other Brokers. Broker Held Liable for Dishonest Receipt of Stolen Property Under Section 411 IPC, While Beneficiaries Convicted of Cheating Under Section 420 IPC.

The case involved a criminal trial before the Special Court under the Special Court (Trial of Offences Relating to Transactions in Securities) Act, 19...

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Karnataka High Court Considers Quashing of FIR Alleging Extortion Racket in Electoral Bond Scheme. Former BJP State President Challenges Registration of Crime Under Sections 384, 120B, 34 IPC Based on Private Complaint.

The petitioner, a former Member of Parliament and State President of BJP, filed a petition under Section 482 CrPC seeking to quash FIR No. 224/2024 re...

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Bombay High Court Quashes Reassessment Notice Under Section 148 of Income Tax Act Due to Change in Law After Finance Act, 2021. Notice Issued Under Old Regime Held Invalid as Proceedings Must Conform to Amended Provisions, with Liberty to Initiate Fresh Proceedings.

The petitioner, Nitinkumar S/o Rishiram Agrawal, filed a writ petition under Article 226 of the Constitution of India challenging a notice dated 31.03...

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Madras High Court Sets Aside MSME Facilitation Council Award for Lack of Jurisdiction — BSNL Not Liable for Interest Under MSMED Act as Council Had No Territorial Authority Over Dispute Arising from Contract with Chennai Seat of Arbitration.

The petitioner, M/s. Bharat Sanchar Nigam Limited (BSNL), filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996, challenging...

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High Court of Karnataka Allows Appeal for Enhancement of Compensation in Motor Vehicle Accident Case — Multiplier Corrected from 15 to 16 and Future Prospects Added at 50%. Parents of Deceased Software Engineer Awarded Enhanced Compensation of Rs.25,51,500/- Under Motor Vehicles Act, 1988.

The present appeal was filed by the parents of a deceased 35-year-old software engineer who died in a motor vehicle accident. The appellants sought en...

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Bombay High Court Dismisses Petition Challenging Income Tax Reassessment Notice Under Section 148 of Income Tax Act, 1961 — Petitioner Failed to Show That No Income Escaped Assessment.

The petitioner, Darshana Anand Damle, filed a writ petition under Article 226 of the Constitution of India before the Bombay High Court challenging a ...