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Bombay High Court Quashes Transfer of NRI Assessee's Case Under Section 127 of Income Tax Act, 1961 Due to Violation of Natural Justice. Show-Cause Notice Not Served and Reply Not Considered Before Centralization of Case from Mumbai to Delhi.

The petitioner, Rajiv Saxena, a Non-Resident Indian living in Dubai since 1992, filed a writ petition under Article 226 of the Constitution of India c...

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High Court Quashes Reassessment Notice Against Co-operative Bank for Lack of Fresh Material. Notice under Section 148 of Income Tax Act, 1961 held invalid as Assessing Officer failed to record any new tangible material after completion of original scrutiny assessment.

The petitioner, Gandhibag Sahakari Bank Limited, a co-operative bank, challenged a notice dated 31.03.2021 issued under Section 148 of the Income Tax ...

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Supreme Court Allows Filing of Revised Income Tax Returns After Due Date in Amalgamation Case — Holds That NCLT-Approved Scheme Overrides Procedural Timelines Under Income Tax Act. Clause 64(c) of the Scheme Permitting Revised Returns Has Statutory Force and Department Cannot Reject Them as Invalid.

The Supreme Court allowed the appeals filed by M/s Dalmia Power Limited and M/s Dalmia Cement (Bharat) Limited against the judgment of the Division Be...

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Bombay High Court Dismisses State's Appeal in Land Acquisition Compensation Case, Upholds Enhanced Compensation as Per Precedent. Market value of acquired land fixed at Rs.82,500/- per hectare with additional benefits under Sections 23(1A) and 28 of the Land Acquisition Act, 1894.

The State of Maharashtra, through the Collector and other officers, filed an appeal under the Land Acquisition Act, 1894 challenging the judgment of t...

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Bombay High Court Dismisses State Appeal in Land Acquisition Compensation Case — Enhanced Compensation Upheld as Per Earlier Judgment. Market value of acquired land fixed at Rs.82,500 per hectare with modifications to additional component and interest under Land Acquisition Act, 1894.

The State of Maharashtra, through the Collector and other officers, filed an appeal under the Land Acquisition Act, 1894, challenging the judgment of ...

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Bombay High Court Dismisses State's Appeal in Land Acquisition Compensation Case — Confirms Enhanced Compensation for Land and Trees. Reference Court's valuation of Rs.82,500 per hectare upheld as consistent with earlier judgment in connected appeal covering same notification and project.

The State of Maharashtra, through the Collector and other officers, filed an appeal under the Land Acquisition Act challenging the judgment of the Ref...

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Bombay High Court Upholds Validity of Section 21(5) of Bombay Sales Tax Act, 1989 Allowing Non-Judicial Member as President of Tribunal. Challenge to Appointment of IAS Officer as President Dismissed as Provision Does Not Violate Basic Structure.

The Sales Tax Tribunal Bar Association and its President filed a writ petition before the Bombay High Court challenging the constitutional validity of...

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Bombay High Court Dismisses Sales Tax Reference by Dealer in Setoff Disallowance Case. Rule 41D of Bombay Sales Tax Rules, 1959 restricts setoff to raw materials and consumable stores, not capital assets like scientific equipment used for research and development.

The case is a sales tax reference under Section 61 of the Bombay Sales Tax Act, 1959, arising from an order of the Maharashtra Sales Tax Tribunal date...