Search Results for "Income Tax Act, 1961"

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Bombay High Court Nullifies Faceless Assessment Notices Issued Without Jurisdiction. Court Upholds the Faceless Assessment Mechanism, Invalidates Notices Issued by Non-Faceless Officers.

The Bombay High Court, in the case of Abhin Anilkumar Shah vs. Income-tax Officer, International Tax Ward Circle 4(2)(1), Mumbai & Ors., quashed t...

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High Court Quashes Reassessment Proceedings Against Uttam Galva Metallics Ltd. Resolution Plan Under IBC Precludes Tax Reassessment for Pre-Resolution Period, Rules Bombay High Court.

The Bombay High Court quashed the reassessment proceedings initiated by the Income Tax Department against Uttam Galva Metallics Ltd. for the assessmen...

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Transfer of Jurisdiction in Income Tax Case Challenged by Petitioner. Bombay High Court Rules on the Transfer of NRI Businessman’s Case from Mumbai to Delhi for Coordinated Investigation

The petitioner, a Non-Resident Indian (NRI) living in Dubai, challenges the transfer of his income tax case from Mumbai to New Delhi under Section 127...

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High Court Quashes Reassessment Notice Against Bank for AY 2015-16; Holds Notice Based on "Change of Opinion" Invalid. Failure to demonstrate non-disclosure of material facts renders reassessment notice issued after four years unsustainable.

The High Court quashed a reassessment notice issued to a bank for the Assessment Year 2015-16, holding that the notice was based solely on a change of...

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Assessment Order Quashed Due to Violation of Principles of Natural Justice

The Bombay High Court quashed the assessment order dated March 27, 2024, passed against Cheftalk Food and Hospitality Services Pvt. Ltd. under Section...

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Bombay High Court Quashes Income Tax Notice Against Kairos Properties Pvt. Ltd. Faceless Scheme Violations Render Notice Invalid

The Bombay High Court quashed the income tax notice issued against Kairos Properties Pvt. Ltd. for the assessment year 2017-18. The court found that t...

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High Court Quashes Income Tax Reassessment Notice. Reassessment Blocked Due to Audit Objection Constituting Change of Opinion.

The Bombay High Court at Goa quashed a notice issued under Section 148-A(b) of the Income Tax Act, 1961, to Shri Dilip Laximan Powar. The court found ...

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High Court of Bombay at Goa Quashes Reassessment Notice Issued to Shri Dilip Laximan Powar. Court rules that the notice under Section 148-A(b) of the Income Tax Act was invalid due to the change of opinion, emphasizing the importance of consistent and fair application of tax law.

The High Court of Bombay at Goa, quashed a reassessment notice issued under Section 148-A(b) of the Income Tax Act, 1961. The petitioner, Shri Dilip L...

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Court Sets Aside Customs Order Confiscating Imported Medical Equipment. High Court rules in favor of Hemant Surgical Industries Ltd., finding no violation of hazardous waste regulations in the import of used haemodialysis machines.

The petitioner,  challenged the impugned order dated 21st April 2021 issued by the Customs Department, which had confiscated used haemodialysis machi...

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Court Upholds Tax Collection Obligation on Mysore Sales Under Section 206C. Excise Contractors Deemed "Buyers" in Karnataka Liquor Vending Case, Appeal Dismissed

The application of Section 206C of the Income Tax Act, 1961, regarding tax collection at source on the sale of alcoholic liquor, particularly focusing...