![Bombay HC deletes addition on Interest Expenditure on availability of Interest-Free Surplus Fund to make Investment [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Bombay-HC-Interest-Expenditure-Interest-Free-Surplus-Fund-Investment-TAXSCAN.jpg "Bombay HC deletes addition on Interest Expenditure on availability of Interest-Free Surplus Fund to make Investment [Read Order]")
Bombay HC deletes addition on Interest Expenditure on availability of Interest-Free Surplus Fund to make Investment [Read Order]
The Bombay High Court deleted the addition made on account of interest expenditureas the assessee, Godrej & BoyceMfg. Co. Ltd, had sufficient...
![Non-completion of Assessment as per ITAT Order within Time: Bombay HC directs Refund of Income Tax Paid and Seized Jewellery [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/ITAT-Bombay-HC-refund-of-Income-Tax-Jewellery-TAXSCAN.jpg "Non-completion of Assessment as per ITAT Order within Time: Bombay HC directs Refund of Income Tax Paid and Seized Jewellery [Read Order]")
![Disputed Income Tax Calculation based on FAQ from CBDT Circular invalid if Specific Provision exists in Act: Bombay HC remands matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/DIncome-Tax-Calculation-FAQ-CBDT-Circular-Bombay-HC-TAXSCAN.jpg "Disputed Income Tax Calculation based on FAQ from CBDT Circular invalid if Specific Provision exists in Act: Bombay HC remands matter [Read Order]")
Tax Payment Delayed due to failure of Designated Committee to issue Sanction in an Electronic Form SVLDRS-3,No Interest on Tax Dues: Bombay HC [Read Order]
Recently, the High Court (HC)of Bombay has held that no interest shall be paid by the assessee when the respondent failed to issue thesanction through an electronic form SVLDRS -3 under the Sabka...
![Tax Payment Delayed due to failure of Designated Committee to issue Sanction in an Electronic Form SVLDRS-3,No Interest on Tax Dues: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Tax-Payment-Electronic-Form-SVLDRS-3-Tax-Bombay-HC-TAXSCAN.jpg "Tax Payment Delayed due to failure of Designated Committee to issue Sanction in an Electronic Form SVLDRS-3,No Interest on Tax Dues: Bombay HC [Read Order]")
“Action on the Part of a Constituent of State has to be with responsibility and not Caprice”: Bombay HC Quashes Service Tax Demand on Ground of 7 Years Delay [Read Order]
Bombay High Court bench of Justice Abhay Ahuja and Justice Nitin Jamdar quashed and set aside the service tax show cause demand notice on the grounds of 7 years delay. The National Company Law...
![“Action on the Part of a Constituent of State has to be with responsibility and not Caprice”: Bombay HC Quashes Service Tax Demand on Ground of 7 Years Delay [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Action-Constituent-of-State-responsibility-Bombay-HC-Service-Tax-Demand-TAXSCAN.jpg "“Action on the Part of a Constituent of State has to be with responsibility and not Caprice”: Bombay HC Quashes Service Tax Demand on Ground of 7 Years Delay [Read Order]")
![Unsigned Re-Assessment Notice is Invalid: Bombay HC quashes Income Tax Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Re-Assessment-Notice-Bombay-HC-Income-Tax-Proceedings-TAXSCAN.jpg "Unsigned Re-Assessment Notice is Invalid: Bombay HC quashes Income Tax Proceedings [Read Order]")
Customs Dept can demand bank guarantee for differential duty of Rs. 213.79 Cr on import of Concentrates of Alcoholic Beverages: Bombay HC [Read Order]
A division bench of the Bombay High Court recently observed that, the Customs can demand bank guarantee in lieu of the differential duty on import of concentrates of alcoholic beverages, denying...
![Customs Dept can demand bank guarantee for differential duty of Rs. 213.79 Cr on import of Concentrates of Alcoholic Beverages: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Customs-Dept-import-Alcoholic-Beverages-Bombay-HC-TAXSCAN.jpg "Customs Dept can demand bank guarantee for differential duty of Rs. 213.79 Cr on import of Concentrates of Alcoholic Beverages: Bombay HC [Read Order]")
Settlement Commission has No Jurisdiction to grant immunity from Liability of Interest: Bombay HC quashes Order [Read Order]
Bombay High Court (HC) chaired by Justice Nitin Jamdar and Justice Gauri Godse quashed the order of the settlement commission as there was no jurisdiction to grant immunity for liability of interest...
![Settlement Commission has No Jurisdiction to grant immunity from Liability of Interest: Bombay HC quashes Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Settlement-Commission-immunity-Liability-Interest-Bombay-HC-TAXSCAN.jpg "Settlement Commission has No Jurisdiction to grant immunity from Liability of Interest: Bombay HC quashes Order [Read Order]")
Certificate under Rule 145(2) of GST Rules Sufficient to Condone Delay in filing Appeal: Bombay HC [Read Order]
A division bench of the Bombay High Court has held that a certificate under Rule 145(2) of the Central GST Rules, 2017 is sufficient to condone delay in filing of appeal due to non-establishment of...
![Certificate under Rule 145(2) of GST Rules Sufficient to Condone Delay in filing Appeal: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/GST-Rules-Bombay-High-Court-Central-GST-Rules-taxscan.jpg "Certificate under Rule 145(2) of GST Rules Sufficient to Condone Delay in filing Appeal: Bombay HC [Read Order]")
Levy of Service Tax is an Issue relating to 'Rate of Tax', High Court has No Jurisdiction: Bombay HC [Read Order]
A division bench of the Bombay High Court has held that the levy of service tax is an issue relating to “rate of tax” and therefore, the Supreme Court has jurisdiction to decide the matter under...
![Levy of Service Tax is an Issue relating to Rate of Tax, High Court has No Jurisdiction: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Levy-of-Service-Tax-Rate-of-tax-Bombay-High-Court-taxscan.jpg "Levy of Service Tax is an Issue relating to Rate of Tax, High Court has No Jurisdiction: Bombay HC [Read Order]")