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Bombay High Court Dismisses Student's Petition Challenging Unfair Means Penalty in Veterinary Exam. Court upholds University's decision to declare student failed and disentitled from compartmental examination for using unfair means during 3rd year B.V.Sc. & A.H. examination.

The petitioner, Chaitanya Haridas Tirpude, a 23-year-old student in the 3rd year of the Bachelor of Veterinary Science and Animal Husbandry (B.V.Sc. &...

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Bombay High Court Dismisses Revenue's Appeals in Royalty and Advance Tax Case — Payments for Equipment and Spare Parts Not Taxable as Royalty Under Section 9(1)(vi) of Income Tax Act, 1961. No Advance Tax Liability When Entire Income Subject to TDS.

The Revenue filed five appeals under section 260A of the Income Tax Act, 1961, challenging the order of the Income Tax Appellate Tribunal (ITAT), Mumb...

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Bombay High Court Quashes Reopening of Assessment for UK Insurance Company in Income Tax Case — Lack of Fresh Material and Change of Opinion. Reopening under Section 147 of Income Tax Act, 1961 based on mere change of opinion without new tangible material is invalid.

The petitioner, The Prudential Assurance Company Ltd., a UK-incorporated insurance company registered as a sub-account of a Foreign Institutional Inve...