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Bombay High Court Quashes Reassessment Notices in Income Tax Case Due to Lack of Independent Application of Mind by AO. Dividend Stripping Provision Under Section 94(7) of Income Tax Act, 1961 Not Applicable Where Assessee Suffered Net Loss on Sale of Mutual Fund Units Exceeding Dividend Received.

The petitioner, Karan Maheshwari, an individual investor in shares, stocks, securities, and mutual funds, challenged a show cause notice dated 20 Augu...

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Bombay High Court Quashes Reopening Notice Under Section 148 of Income Tax Act, 1961 for Lack of Valid Reason to Believe. Notice Issued Beyond Four-Year Limit Without Allegation of Failure to Disclose Material Facts Held Invalid.

The petitioner, a partnership firm engaged in government contracts for water supply schemes, filed its return of income for Assessment Year 2016-17 on...

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Bombay High Court Quashes Land Acquisition Award Due to Lapse Under Section 11A of Land Acquisition Act, 1894 — Failure to Pass Award Within Two Years from Section 6 Declaration Renders Acquisition Proceedings Void.

The petitioners, legal heirs of Maruti Genba Veer and others, filed a writ petition under Article 226 of the Constitution of India challenging the Awa...

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Bombay High Court Quashes Demolition Notice Against Tenants in Municipal Corporation Dispute — Notice Issued Without Hearing Tenants Violates Principles of Natural Justice. Section 264(1) of Maharashtra Municipal Corporations Act, 1949 Requires Notice to Occupants Before Demolition.

The petitioners, who are tenants of various shops in a building owned by the respondent no. 3 (since deceased), challenged a notice dated 05.03.2021 i...

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High Court of Bombay at Goa Dismisses Petitioners' Challenge to Demolition of Illegal Structures in CRZ Area. Petitioners failed to establish legal right to retain unauthorized constructions violating CRZ Notification 2011 and Environment Protection Act, 1986.

The judgment pertains to two writ petitions filed by 30 individuals challenging the demolition of their structures by the Goa Coastal Zone Management ...