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Bombay High Court Allows Petition Quashing Reopening of Assessment Under Section 147 of Income Tax Act, 1961 — Reopening Based on Incorrect Information Regarding Cash Deposit. Bank Statement Showing Only Rs.18,000 Cash Deposit Contradicts AIR/CIB Data of Rs.13,40,000, Rendering Reopening Invalid.

The petitioner, Yashoda Shivappa Nagangoudar, received a notice dated 16 March 2019 under Section 148 of the Income Tax Act, 1961 for the assessment y...

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Supreme Court Allows Appeal and Remands Writ Petition to High Court for Fresh Disposal on Merits. The Court set aside the High Court's order which was based on an incorrect statement made by the Union of India's counsel, restoring the writ petition for merits determination.

The Supreme Court of India heard an appeal against the High Court of Delhi's order dated 09.11.2017 in Writ Petition No.5734 of 2016. The writ petitio...

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KAHC010102062008_1

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KAHC010366622012_1

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Supreme Court Dismisses Application for Perjury Proceedings Against Respondent for Inadvertent Error in Affidavit. Court finds no prima facie case for criminal prosecution under Section 340 CrPC when error was explained and unconditional apology tendered.

The Supreme Court dismissed an application filed by M/s New Era Fabrics Ltd. under Section 340 read with Section 195(1)(b) of the Criminal Procedure C...

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KAHC010480352008_1

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