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High Court of Bombay, Nagpur Bench, Hears Two Writ Petitions Regarding Regularisation of Gunthewari Layout Under Maharashtra Gunthewari Developments Act. Petitioners Seek Quashing of Order Dated 20.10.2005 Passed by Nagpur Improvement Trust.

Two writ petitions were filed before the High Court of Bombay, Nagpur Bench, challenging an order dated 20.10.2005 passed by the Chairman, Nagpur Impr...

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Bombay High Court Quashes Reassessment Notice in Income Tax Case Due to Change of Opinion. Notice under Section 148 of Income Tax Act, 1961 for reassessment of derivative transaction loss set aside as Assessing Officer had already examined the issue during original assessment.

The petitioner, Shrikant Phulchand Bhakkad (HUF), through its Karta, filed a writ petition under Article 226 of the Constitution of India challenging ...

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Bombay High Court Allows Petition in Income Tax Reassessment Case Due to Change of Opinion. Reassessment under Section 148 of the Income Tax Act, 1961 cannot be based on a mere change of opinion on the same facts already examined.

The petitioner, Knight Riders Sports Pvt. Ltd., which operates the Kolkata Knight Riders team in the Indian Premier League, challenged a notice dated ...

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Bombay High Court Dismisses Arbitration Petition as Time-Barred Under Section 34(3) of Arbitration and Conciliation Act, 1996. Service of Arbitral Award Deemed Complete Upon Acknowledgment by Relative at Petitioner's Address.

The petitioners, Francisco A. D'Souza and the legal heirs of Oscar de Souza, filed an arbitration petition under Section 34 of the Arbitration and Con...

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High Court of Karnataka Allows Appeal in Cheque Dishonour Case — Acquittal Set Aside Due to Improper Appreciation of Evidence. Presumption Under Section 139 of NI Act Not Rebutted by Accused.

The appellant, Srinidhi Finance & Investment Corporation, filed a criminal appeal against the acquittal of the respondent, Basavanthappa, for the offe...

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Supreme Court Dismisses Power Trust's Appeal Against CIRP Initiation for Appellant(s), Upholds NCLAT Order Admitting Section 7 IBC Application Due to Default and Non-Compliance with Restructuring Conditions

The Supreme Court dismissed an appeal challenging the initiation of corporate insolvency resolution process (CIRP) against Hiranmaye Energy Ltd. under...

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Gujarat High Court Quashes Section 153C Notices for Lack of Valid Satisfaction Note in Search Case. Satisfaction Note Must Record Assessing Officer's Independent Application of Mind to Incriminating Material Before Issuing Notice Under Section 153C of Income-tax Act, 1961.

The petitioners, including Devang Hiralal Vaghasia, filed multiple writ petitions challenging notices issued under Section 153C of the Income-tax Act,...

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Bombay High Court Quashes Reassessment Notice Under Section 148 of Income Tax Act, 1961 for Non-Compliance with Procedural Requirements. Notice Issued Beyond Four-Year Limit Without Proper Sanction and Without Disclosing Reasons for Alleged Income Escaping Assessment.

The petitioner, Chennai Container Terminal Pvt. Ltd., challenged a notice dated 26 March 2021 issued under Section 148 of the Income Tax Act, 1961 by ...

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Bombay High Court Dismisses Revision Against Rejection of Plaint Rejection Application in Suit Challenging Tahsildar's Order for Approach Road. Suit for Perpetual Injunction Not Barred Despite Exhaustion of Appeal Remedy Under Section 143(3) of Maharashtra Land Revenue Code, 1966.

The case arises from a dispute over an approach road granted by the Nayab Tahsildar, Latur, under Section 143 of the Maharashtra Land Revenue Code, 19...