![Once Income Disclosure Certificate is Validly Issued, Revenue Cannot Reopen Assessment Unless It is Cancelled: Bombay HC [Read Order]](https://images.taxscan.in/h-upload/2025/10/20/500x300_2098198-income-disclosure-certificate-validly-issued-revenue-reopen-assessment-unless-cancelled-bombay-hc.webp "Once Income Disclosure Certificate is Validly Issued, Revenue Cannot Reopen Assessment Unless It is Cancelled: Bombay HC [Read Order]")
Once Income Disclosure Certificate is Validly Issued, Revenue Cannot Reopen Assessment Unless It is Cancelled: Bombay HC [Read Order]
In a recent ruling, the Bombay High Court held that once an Income Disclosure Certificate is validly issued under the Income Disclosure Scheme...
![S. 144(C)(13) Timeline Mandatory: Bombay HC rules Transfer Pricing Addition Non Est for Delay in DRP Directions Implementation [Read Order]](https://images.taxscan.in/h-upload/2025/10/16/250x150_2097030-transfer-pricing-taxscan.webp "S. 144(C)(13) Timeline Mandatory: Bombay HC rules Transfer Pricing Addition Non Est for Delay in DRP Directions Implementation [Read Order]")
![Secured Creditor’s Rights u/s 26E of SARFAESI Override State Sales Tax Claims: Bombay HC Clears Auction Sale in Canara Bank Case [Read Order]](https://images.taxscan.in/h-upload/2025/08/19/250x150_2078406-secured-creditors-rights-us-26e-sarfaesi-state-sales-tax-claims-bombay-hc-clears-auction-sale-canara-bank-case-.webp "Secured Creditor’s Rights u/s 26E of SARFAESI Override State Sales Tax Claims: Bombay HC Clears Auction Sale in Canara Bank Case [Read Order]")
![No Constitutional Violation in GST RCM u/s 17(2) and 17(3) of CGST Act on Security Services: Bombay HC [Read Order]](https://images.taxscan.in/h-upload/2025/08/19/250x150_2078306-constitutional-violation-gst-cgst-services-bombay-hc-taxscan.webp "No Constitutional Violation in GST RCM u/s 17(2) and 17(3) of CGST Act on Security Services: Bombay HC [Read Order]")
![Interim Protection to Continue for Sameer Dyandev Wankhede: Bombay HC frowns over repeated Adjournment Requests from CBI [Read Order]](https://images.taxscan.in/h-upload/2025/07/16/250x150_2064263-interim-protection-continue-sameer-dyandev-wankhede-bombay-hc-adjournment-requests-cbi-taxscan.webp "Interim Protection to Continue for Sameer Dyandev Wankhede: Bombay HC frowns over repeated Adjournment Requests from CBI [Read Order]")
Amalgamated Company Can Adjust Asset Value and Claim Depreciation Without Central Govt Approval: Bombay HC [Read Order]
In a recent ruling, the Bombay High Court held that an amalgamated company can adjust the written down value (WDV) of assets acquired from its amalgamating companies and claim depreciation on such...
![Amalgamated Company Can Adjust Asset Value and Claim Depreciation Without Central Govt Approval: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Amalgamated-Company-Adjust-Asset-Value-and-Claim-Depreciation-Central-Govt-Approval-Bombay-HC-TAXSCAN.jpg "Amalgamated Company Can Adjust Asset Value and Claim Depreciation Without Central Govt Approval: Bombay HC [Read Order]")
Mere delay in Filing Applications For Recall or Review Cannot be a Reason for Rejecting Petition on Technical Ground of Delay: Bombay HC [Read Order]
In a recent case, the Bombay High Court held that mere delay in filing applications for recall or review cannot be a reason for rejecting petition on the technical ground of delay. Shaila Clubs...
![Mere delay in Filing Applications For Recall or Review Cannot be a Reason for Rejecting Petition on Technical Ground of Delay: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Filing-applications-Bombay-HC-taxscan.jpg "Mere delay in Filing Applications For Recall or Review Cannot be a Reason for Rejecting Petition on Technical Ground of Delay: Bombay HC [Read Order]")
Income Tax Refund adjusted Despite 20% Pre-deposit and Pending Appeal: Bombay HC directs to Refund Adjusted Amount [Read Order]
The Bombay High Court has directed the Income Tax Department to pay back the refund amount, which was erroneously adjusted against the tax demand on grounds that the appeal against the disputed year...
![Income Tax Refund adjusted Despite 20% Pre-deposit and Pending Appeal: Bombay HC directs to Refund Adjusted Amount [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Income-tax-refund-bombay-HC-taxscan.jpg "Income Tax Refund adjusted Despite 20% Pre-deposit and Pending Appeal: Bombay HC directs to Refund Adjusted Amount [Read Order]")
![Bogus Purchases: Bombay HC Sustains ₹6 Crore Income Tax Addition using Peak of Purchases [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Bogus-Purchases-Bombay-HC-Income-Tax-Addition-Peak-of-Purchases-taxscan.jpg "Bogus Purchases: Bombay HC Sustains ₹6 Crore Income Tax Addition using Peak of Purchases [Read Order]")
Bombay HC Rules SASF is a "Deemed Dealer" Under MVAT Act, Liable for VAT on Movable Asset Sales [Read Order]
In a recent ruling, the Bombay High Court held that the Stressed Assets Stabilization Fund (SASF) qualifies as a “deemed dealer” under the Maharashtra Value Added Tax (MVAT) Act, 2002, making it...
![Bombay HC Rules SASF is a Deemed Dealer Under MVAT Act, Liable for VAT on Movable Asset Sales [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/bombay-hc.jpg "Bombay HC Rules SASF is a Deemed Dealer Under MVAT Act, Liable for VAT on Movable Asset Sales [Read Order]")
$1.4 billion Tax Demand Order against VW for Import of "Unassembled Car" reaches Bombay HC [Read Order]
Skoda Auto Volkswagen India Pvt. Ltd., the Indian subsidiary of German automobile giant Volkswagen and allied brands had recently landed itself in hot water following a tax demand order of $1.4...
No Misreporting in PF and Cess Deduction Claims Made in Good Faith: ITAT quashes 84 Lakhs S.270 Penalty under Income Tax [Read Order]
Recently in a ruling the Income Tax Appellate Tribunal (ITAT) Bangalore quashed an ₹84 lakh penalty imposed on a company for under-reporting income under the Income Tax Act 1961 (ITA), specifically...
![No Misreporting in PF and Cess Deduction Claims Made in Good Faith: ITAT quashes 84 Lakhs S.270 Penalty under Income Tax [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Misreporting-PF-Cess-Deduction-Claims-ITAT-Penalty-Income-Tax-taxscan.jpeg "No Misreporting in PF and Cess Deduction Claims Made in Good Faith: ITAT quashes 84 Lakhs S.270 Penalty under Income Tax [Read Order]")