![Claim of Breach under Article 265 cannot be from a interlocutory order by Assessing Officer: Bombay HC [Read Order]](https://images.taxscan.in/h-upload/2025/06/20/500x300_2050885-bombay-hc-forum-conveniens-doctrine-dismiss-trustcaps-income-tax-matter-cause-of-action-at-kolkata-taxscan.webp "Claim of Breach under Article 265 cannot be from a interlocutory order by Assessing Officer: Bombay HC [Read Order]")
Claim of Breach under Article 265 cannot be from a interlocutory order by Assessing Officer: Bombay HC [Read Order]
The Bombay High Court held that a claim of breach of Article 265 of the constitution cannot be alleged or sustained based upon a preliminary, prima...
![Relief to Mahindra & Mahindra Ltd, AO Has No Jurisdiction to Alter Net Profit in P & L Account Except Under S. 115J of Income Tax Act: Bombay HC [Read Order]](https://images.taxscan.in/h-upload/2025/06/20/250x150_2050839-mba-vacancy-at-mahindra-mba-vacancy-mahindra-taxscan-1.webp "Relief to Mahindra & Mahindra Ltd, AO Has No Jurisdiction to Alter Net Profit in P & L Account Except Under S. 115J of Income Tax Act: Bombay HC [Read Order]")
![NCLAT Allows Appeal, Approves Resolution Plan for Appellant: Held NCLT Overstepped by Interfering in CoC’s Commercial Wisdom [Read Order]](https://images.taxscan.in/h-upload/2025/06/18/250x150_2050096-nclat-resolution-plan-appellant-taxscan.webp "NCLAT Allows Appeal, Approves Resolution Plan for Appellant: Held NCLT Overstepped by Interfering in CoC’s Commercial Wisdom [Read Order]")
Cash on Hand in Real Estate Business Not Unusual, Cannot Be Taxed Solely for Demonetization Deposits: ITAT [Read Order]
The Surat Bench of the Income Tax Appellate Tribunal (ITAT) partly allowed the appeal in a case concerning the addition of cash deposits made during the demonetization period, ruling that cash on...
![Cash on Hand in Real Estate Business Not Unusual, Cannot Be Taxed Solely for Demonetization Deposits: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/18/500x300_2050082-real-estate-business.webp "Cash on Hand in Real Estate Business Not Unusual, Cannot Be Taxed Solely for Demonetization Deposits: ITAT [Read Order]")
Cash on Hand in Real Estate Business Not Unusual, Cannot Be Taxed Solely for Demonetization Deposits: ITAT [Read Order]
The Surat Bench of the Income Tax Appellate Tribunal (ITAT) partly allowed the appeal in a case concerning the addition of cash deposits made during the demonetization period, ruling that cash on...
Cash Credit Account Not Attachable u/s 83 of MGST Act as It Is Not Account Holder's Property: Bombay HC [Read Order]
The High Court of Bombay held that a cash credit account is not the property of the account holder and therefore cannot be provisionally attached under Section 83 of the Maharashtra Goods and ...
![Cash Credit Account Not Attachable u/s 83 of MGST Act as It Is Not Account Holders Property: Bombay HC [Read Order]](https://images.taxscan.in/h-upload/2025/06/18/500x300_2050080-cash-credit-cash-credit-account-account-not-attachable-taxscan.webp "Cash Credit Account Not Attachable u/s 83 of MGST Act as It Is Not Account Holders Property: Bombay HC [Read Order]")
“Proceedings to Reopen Assessment not akin to Review Proceedings”: Bombay HC quashes Delayed Reopening due to Change of Opinion [Read Order]
The Bombay HighCourt, in yet another instance has underscored the requisite jurisdictional parameters to be satisfied by the Income Tax Department to effectuate reopening of an income tax assessment...
![“Proceedings to Reopen Assessment not akin to Review Proceedings”: Bombay HC quashes Delayed Reopening due to Change of Opinion [Read Order]](https://images.taxscan.in/h-upload/2025/06/18/500x300_2050069-assessment-bombay-high-court-bombay-hc-quashes-taxscan.webp "“Proceedings to Reopen Assessment not akin to Review Proceedings”: Bombay HC quashes Delayed Reopening due to Change of Opinion [Read Order]")
Rejecting GST ITC Refund on Basis of Extraneous Material: Patna HC Directs Rejection Order be treated as SCN for pursuing Proceedings [Read Order]
The Patna High Court recently dealt with the principles of natural justice under the Goods and Services Tax (GST) regime, setting aside an assessment order that rejected the refund of Input Tax...
![Rejecting GST ITC Refund on Basis of Extraneous Material: Patna HC Directs Rejection Order be treated as SCN for pursuing Proceedings [Read Order]](https://images.taxscan.in/h-upload/2025/06/18/500x300_2050059-gst-itc-refund-taxscan.webp "Rejecting GST ITC Refund on Basis of Extraneous Material: Patna HC Directs Rejection Order be treated as SCN for pursuing Proceedings [Read Order]")
Loan Not Utilised for Business Purposes: ITAT upholds PCIT's Decision Directing AO to Verify Exemption u/s 14A [Read Order]
The Cochin Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the order of the Principal Commissioner of Income Tax (PCIT) and confirmed that the deduction claimed for interest paid on a...
![Loan Not Utilised for Business Purposes: ITAT upholds PCITs Decision Directing AO to Verify Exemption u/s 14A [Read Order]](https://images.taxscan.in/h-upload/2025/06/18/500x300_2050053-itat-kolkata-income-tax-act-tax-news-increases-in-short-term-loans-taxscan.webp "Loan Not Utilised for Business Purposes: ITAT upholds PCITs Decision Directing AO to Verify Exemption u/s 14A [Read Order]")
