Bombay HC rescinds ED’s PMLA case against Jet Airways founder and wife
Naresh Goyal, the founder of Jet Airways, a prominent Indian Airways and his wife escaped from the case filed by the Enforcement Department (ED) under  Prevention of Money Laundering Act, 2002. The Bombay High Court
Relief to Universal Music India: Bombay HC upholds ITAT Order Quashing Revisional Order [Read Order]
In a major relief to Universal Music India, a division bench of the Bombay High Court has upheld an order of the Income Tax Appellate Tribunal (ITAT) quashing a revisional order passed under section 263
Subsidy received as Excise Duty Reimbursement is a Capital Receipt, not Taxable: Bombay HC [Read Judgment]
The division bench of the Bombay High Court in Commissioner of Income Tax 4 v. M/s. Harinagar Sugar Mills Ltd, held that the subsidy received from the Bihar Government in the form of excise duty
VAT Assessment Made Without Considering C-Forms & F-Forms: Bombay High Court Directs AO for Afresh Assessment and Release of Bank A/c Attachment [Read Order]
The High Court of Bombay has directed the Assessing Officer (AO) to conduct a fresh assessment in a case where the Value Added Tax (VAT) assessment was allegedly made without considering crucial C-Forms and F-Forms
Debt owed to Financial Institutions Under SARFAESI Act is Arbitrable: Bombay HC [Read Order]
In a recent ruling the Bombay High Court has held that the debt owed to financial institutions under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act), is
Interest Earned Out of Bank FDs before the Commencement of Business is ‘Business Income’ of a Company: Bombay HC [Read Order]
The division bench of the Bombay High Court in CIT v. M/s Green Infra Ltd held that the interest amount received by the assessee-Company out of Bank Fixed Deposits before the commencement of business is 'business
Bombay HC upholds Validity of Provision mandating Pre-Deposit on Customs Appeals [Read Order]
A three-judge bench of the Bombay High Court comprising Justice R.D. Dhanuka, Justice Nitin W. Sambre, and Justice Abhay Ahuja has upheld the validity of the provisions of section 129E of the Customs Act mandating
Bills of Entry can be amended with the Documentary Evidence used for Customs Clearance: Bombay HC permits Hindustan Unilever to amend Bills [Read Order]
A Division Bench of the Bombay HC comprising Justice K R Shriram and Justice A S Doctor held that Bills of Entry can be amended by submission of documents used for customs clearance and permitted
Proper Opportunity shall be given to Assesse to pass Order: Bombay HC directs AO to re-consider Income Tax Faceless Assessment [Read Order]
The Bombay High Court has held that proper opportunity shall be given to the assessee to pass an order and direct the Assessing Officer to consider the income tax faceless assessment. The petitioner, Pankaj filed
Bombay High Court allows Parellel GST Proceedings in Two States [Read Order]
The Bombay High Court has allowed parallel Goods and Services Tax ( GST ) proceedings in two states. This petitioner has challenged an enquiry initiated by The Superintendent of CGST & Central Excise (AE) Mumbai.
Entertainment Duty is not leviable on Billiard Tables, being Exclusively provided to Club-Members: Bombay HC [Read Order]
The Bombay High Court has held that the entertainment duty cannot be levied on Billiard Tables as the services are exclusively provided to the Members of the Club. The division bench comprising Justice K. R.
Constitutional Validity of GST Provision for Place of Supply relating to Intermediary Services: Bombay HC Judges pronounces Split Views [Read Order]
The Bombay High Court judges split on the constitutional validity of GST Provision for Place of Supply relating to Intermediary services. The petitioner, Dharmendra M. Jani is a proprietor of a proprietorship firm M/s. Dynatex
Deposit under IDS neither refunded nor adjusted against any Outstanding Demand: Bombay HC directs Income Tax Authorities to Refund [Read Order]
In a recent ruling, a Division Bench of Bombay High Court directed the Income Tax Authorities to issue a fresh Form-3 subsequent refund of the amount paid under the Income Declaration Scheme (IDS) and the
Bombay HC criticizes Liberal Approach of Authorities in Granting Adjournments [Read Judgment]
In a recent Judgment, the division bench of the Bombay High Court criticized the revenue authorities for not adjudicating the matters within a reasonable time. While directing the authorities, to complete the proceedings expeditiously, the
Bombay HC refuses to grant Bail to MD of IL&FS Transportation Networks accused of Money Laundering to the tune of INR 27.78 Crores [Read Order]
The Bombay High Court refused to grant bail to Ramchand Karunakaran, Managing Director of IL&FS Transportation Networks accused of Money Laundering to the tune of INR 27.78 Crores. The applicant, Ramchand Karunakaran has seeked his