Search Results for "Section 69B"

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Bombay High Court Dismisses Petition Challenging Use of Section 69B of Maharashtra Cooperative Societies Act, 1960 After Deletion of Section 69A. Court holds that Section 69B is an independent provision and its survival does not depend on Section 69A.

The petitioner, The Akola District Central Cooperative Bank Limited, filed a writ petition under Article 226 of the Constitution of India challenging ...

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Madras High Court Allows Assessee's Appeal in Income Tax Case — Unabsorbed Depreciation Set-off Against Section 69 Addition Upheld. Addition of Unaccounted Stock Treated as Business Income Under Section 32(2) of Income-Tax Act, 1961.

The case involves an appeal by M/s.Sivasakthi Threads (assessee) against the order of the Income-Tax Appellate Tribunal which upheld the rejection of ...

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Supreme Court Allows Revenue's Appeal in Income Tax Case on Unexplained Investment in Silver Bullion. Section 69A of Income Tax Act, 1961 Applicable Where Assessee Fails to Explain Source of Acquisition of Silver Found in Possession.

The present appeals were filed by the Revenue against the judgment of the Rajasthan High Court which allowed the appeals of the assessee, Prakash Chan...

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Bombay High Court Quashes Reassessment Notices for Lack of Reasonable Belief of Income Escapement — Section 148 Income Tax Act, 1961. Reopening of assessments based on mere change of opinion without tangible material is invalid.

The petitioner, Amar Hotchand Nagpal, a finance and estate broker, challenged three notices dated 23rd September 1997 issued under Section 148 of the ...

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Bombay High Court Allows Writ Petition Challenging CBDT Circular Denying Adjustment of TDS Against Tax Payable Under Voluntary Disclosure Scheme. Circular No. 755 dated 25-07-1997 Held Ultra Vires as It Imposed Restriction Not Found in Finance Act, 1997 or Income Tax Act, 1961.

The petitioner, Earnest Business Services Pvt. Ltd., a company incorporated under the Companies Act, 1956, and its director, filed a writ petition und...

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Disqualification in Cooperative Housing Societies Under Maharashtra Co-operative Housing Societies Act

The disqualification of a petitioner from the Managing Committee of a Cooperative Housing Society under the Maharashtra Cooperative Societies Act, 196...

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Bombay High Court Allows Petition in Cooperative Housing Society Dispute — Developer Directed to Pay Occupation Charges and Hand Over Possession of Amenity Space. Society's claim for amenity space upheld under Maharashtra Cooperative Societies Act, 1960 and Development Control Regulations.

The petitioner, Shivraj Nagar Co-op. Hsg. Soc. Ltd., a cooperative housing society, filed a writ petition against the developer, M/s. Mexttech Realty ...