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Bombay High Court Quashes Reassessment Notices Under Section 148 of Income Tax Act, 1961 for Lack of Reason to Believe — Amount Received on Retirement from Partnership Firm Held to be Capital Receipt Not Chargeable to Tax.

The petitioners, Prashant S. Joshi and Dattaram Shridhar Bhosale, were partners in a real estate development partnership firm. They retired from the p...

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Bombay High Court Acquits Appellants in Murder Case Due to Unreliable Sole Eyewitness Testimony. Conviction under Section 302 read with 34 IPC set aside as evidence of sole eyewitness was inconsistent and uncorroborated.

The case involves an appeal against conviction under Section 302 read with 34 IPC for murder. The prosecution case relied heavily on the testimony of ...