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Bombay High Court Quashes Reopening Notice in HDFC Bank Bad Debts Case — No Failure to Disclose Material Facts. Section 148 notice under Income Tax Act, 1961 set aside as reassessment based on change of opinion and lack of tangible material.

The petitioner, HDFC Bank Ltd., a scheduled bank registered with RBI, filed its return of income for assessment year 2006-07 and claimed deductions un...

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Bombay High Court Allows Writ Petition Challenging MRT Order Setting Aside SDO's Possession Order Under Section 120(c) of MTAL Act — MRT Exceeded Jurisdiction by Entertaining Revision Beyond Limitation and Allowing Amendment Without Notice.

The petitioner, a Public Trust registered under the Bombay Public Trust Act, owned agricultural land survey 209 admeasuring 35 acres at mouza Umarkhed...

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Bombay High Court Quashes Cancellation of Caste Validity Certificate for Violation of Natural Justice — Committee Cannot Cancel Certificate Without Issuing Show Cause Notice and Providing Hearing

The petitioner, Anil Shivram Bandawar, was issued a Caste Validity Certificate on 17/12/2009 by the Scrutiny Committee certifying that he belongs to Z...

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Bombay High Court Dismisses Revenue's Appeal in Income Tax Case Regarding Prospective Application of Section 234D. Interest Under Section 234D of the Income Tax Act, 1961 Cannot Be Charged for Assessment Year 2002-03 as the Provision Applies Only From Assessment Year 2004-05.

The appeal by the revenue under section 260A of the Income Tax Act, 1961 challenged an order dated 24/11/2010 of the Income Tax Appellate Tribunal in ...

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Bombay High Court Quashes Allotment of Gairan Land to Sugar Factory in Public Interest Litigation — Grazing Land Cannot Be Diverted for Industrial Use Without Following Procedure Under Maharashtra Land Revenue Code, 1966.

The Bombay High Court disposed of a Public Interest Litigation (PIL) and a connected Writ Petition concerning the allotment of gairan (grazing) land t...

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Bombay High Court Dismisses Revenue's Appeal in Income Tax Exemption Case. Assessee Held Eligible for Exemption Under Section 10(20A) as Development Authority and Business Commenced in Relevant Year.

The appeal was filed by the Revenue under Section 260-A of the Income Tax Act, 1961, challenging the order of the Income Tax Appellate Tribunal dated ...

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Bombay High Court Allows Appeal by Municipal Corporation in Property Dispute Over Road Widening Compensation. Promise to Sanction Additional FSI Held Not Binding Without Consideration and Formal Approval.

The Thane Municipal Corporation (appellant) appealed against a judgment and decree dated 10.3.2005 passed by the Civil Judge Senior Division, Thane in...

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Supreme Court Allows Assessee in Income Tax Case — Receipt for Construction of Cinema House Not Advance Rent. Lease Lacked Stipulation for Adjustment of Payment Toward Rent; Premium Prima Facie Capital Not Taxable Under Income Tax Act.

The case involves an assessee who, on July 19, 1945, took a lease of certain premises in Calcutta on monthly rent. He made alterations to convert the ...