Search Results for "Form 37I"

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Search Results for "Form 37I"

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High Court

Bombay High Court Dismisses Suit Challenging Income Tax Order for Lack of Jurisdiction Under Section 269UN of Income Tax Act, 1961. Jurisdiction of Civil Court Barred as Appropriate Authority's Order Under Chapter XXC Is Final and Conclusive.

7 Apr 2014

The plaintiff, Sasmita Investments Ltd., filed a suit in the Bombay High Court challenging an order passed by the Appropriate Authority under Chapter ...

High Court

Bombay High Court Dismisses Petition Challenging Compulsory Purchase of Property Under Chapter XXC of Income Tax Act — Delay in Passing Order Does Not Invalidate Acquisition. The period of two months under Section 269UD(2) of the Income Tax Act, 1961 for passing an order for compulsory purchase is directory, not mandatory, and the order passed after 16 years was upheld.

30 Jul 2013

The petitioners, Satish Balan, Ratish Balan, Janki Balan, and Adarsh Sehtty, entered into an agreement for purchase of a property admeasuring 555 sq. ...

High Court

Bombay High Court Quashes Preemptive Purchase Orders Under Chapter XXC of Income Tax Act — Difference in Valuation Below 15% Threshold. The Appropriate Authority's orders under section 269UD(1) were set aside as the difference between fair market value and apparent consideration was less than 15%, and no opportunity of hearing was given.

23 Dec 2011

The petitioners, Pandharinath Bhikaji Telge and Dattaram Bhikaji Telge, were owners of a property in Chembur, Mumbai. They entered into an agreement t...

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