![Bombay HC grants Bail to Income Tax Officer Convicted by CBI Court for 3 Years RI for Accepting Bribe of Rs. 1 Lakh [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Bombay-HC-Bail-Income-Tax-Officer-CBI-Court-TAXSCAN.jpg "Bombay HC grants Bail to Income Tax Officer Convicted by CBI Court for 3 Years RI for Accepting Bribe of Rs. 1 Lakh [Read Order]")
Bombay HC grants Bail to Income Tax Officer Convicted by CBI Court for 3 Years RI for Accepting Bribe of Rs. 1 Lakh [Read Order]
The Bombay High Court has granted bail to an income tax officer convicted by the CBI Special Court last month for three rigorous years for accepting...
![Transfer of Residential Property need not include Transfer of Land in order to claim Capital Gain Exemption u/s 54: Bombay HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/04/Development-Agreement-Capital-Gain-Taxscan.jpg "Transfer of Residential Property need not include Transfer of Land in order to claim Capital Gain Exemption u/s 54: Bombay HC [Read Judgment]")
![Channel Subscription Fee paid to Cable Operator under Contract not FTS, attract TDS u/s 194C: Bombay High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/12/Finance-Charges-TDS-Taxscan-1.jpg "Channel Subscription Fee paid to Cable Operator under Contract not FTS, attract TDS u/s 194C: Bombay High Court [Read Judgment]")
![Bombay HC asks CBDT to reconsider Its Proposal to Incentivise CIT (Appeals) to enhance Assessments [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2019/04/CBDT-Bombay-High-Court-Taxscan.jpg "Bombay HC asks CBDT to reconsider Its Proposal to Incentivise CIT (Appeals) to enhance Assessments [Read Judgment]")
![Income Tax Re-Assessment Notice to a Dead Person is Invalid: Bombay High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2019/04/Income-Tax-Re-Assessment-Bombay-High-Court-Taxscan.jpg "Income Tax Re-Assessment Notice to a Dead Person is Invalid: Bombay High Court [Read Judgment]")
No Capital Gain when new Partner bring Cash by way of Capital Contribution and Retiring Partners take Cash and Retire: Bombay HC [Read Judgment]
The Bombay High Court on March 26th earlier this year ruled that when new Partner brings Cash by way of Capital Contribution and Retiring Partners take Cash and Retire, No Capital Gain happens. The...
![No Capital Gain when new Partner bring Cash by way of Capital Contribution and Retiring Partners take Cash and Retire: Bombay HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/04/Capital-Gain-Sale-of-SHares-Taxscan.jpg "No Capital Gain when new Partner bring Cash by way of Capital Contribution and Retiring Partners take Cash and Retire: Bombay HC [Read Judgment]")
Large Investments in Aditya Birla Telecom through Mauritius Entity not a Colorable Device to evade Tax: Bombay HC [Read Judgment]
The High Court of Bombay has ruled that Large investments in Aditya Birla Telecom through Mauritius Entity is not an instance of a colourable device to evade tax. While granting relief to the...
![Large Investments in Aditya Birla Telecom through Mauritius Entity not a Colorable Device to evade Tax: Bombay HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2019/04/Aditya-Birla-Telecom-Bombay-High-Court-Taxscan.jpg "Large Investments in Aditya Birla Telecom through Mauritius Entity not a Colorable Device to evade Tax: Bombay HC [Read Judgment]")
Condition for Depositing 20% Tax on pending Appeal is not Rigid One, can’t be implemented in all Cases: Bombay HC [Read Judgment]
A two-judge bench of the Bombay High Court has held that the requirement of 20% pre deposit of tax pending appeal is not rigid one and cannot be implemented in all cases of outstanding dues. The...
![Condition for Depositing 20% Tax on pending Appeal is not Rigid One, can’t be implemented in all Cases: Bombay HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2019/03/Redemption-Fine-Bombay-High-Court-Taxscan.jpg "Condition for Depositing 20% Tax on pending Appeal is not Rigid One, can’t be implemented in all Cases: Bombay HC [Read Judgment]")
Non-Competent Fee received from sale of Business Asset taxable as Long Term Capital Gain: Bombay HC [Read Judgment]
A two-judge bench of the Bombay High Court has held that the non-competent fee received by the assessee from the sale of the business assets was not assessable as profits of business under Section...
![Non-Competent Fee received from sale of Business Asset taxable as Long Term Capital Gain: Bombay HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/08/Non-Compete-Fee-Taxscan.jpg "Non-Competent Fee received from sale of Business Asset taxable as Long Term Capital Gain: Bombay HC [Read Judgment]")