![Comparison has to be made between Two Equals: Bombay HC upholds ITAT order directing to Remand Matter to TPO [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Bombay-High-Court-Bombay-HC-ITAT-Income-Tax-TPO-Transfer-Pricing-Officer-TPO-Remand-Order-Taxscan.jpg "Comparison has to be made between Two Equals: Bombay HC upholds ITAT order directing to Remand Matter to TPO [Read Order]")
Comparison has to be made between Two Equals: Bombay HC upholds ITAT order directing to Remand Matter to TPO [Read Order]
The Bombay High Court upheld the order of the Income Tax Appellate Tribunal ( ITAT ) directing to remand matter to Transfer Pricing Officer ( TPO )...
![[BREAKING] Wrongful Remittance of GST to Old and New GSTINs by CA: Bombay HC directs Refund of Tax Deposited in Old Registration [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/GSTIN-GST-Chartered-Accountant-GST-Refund-TAXSCAN.jpg "[BREAKING] Wrongful Remittance of GST to Old and New GSTINs by CA: Bombay HC directs Refund of Tax Deposited in Old Registration [Read Order]")
![Interest paid on borrowed Funds for Investment in Shares hit by Section 14A of Income Tax Act if Dividend received on Shares not part of total Income: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Bombay-High-Court-Income-Tax-Interest-on-Borrowed-Funds-Investment-in-Shares-taxscan.jpg "Interest paid on borrowed Funds for Investment in Shares hit by Section 14A of Income Tax Act if Dividend received on Shares not part of total Income: Bombay HC [Read Order]")
Ex-gratia Bonus Paid Over And Above Eligible Bonus To Employees allowable As Business Expenditure of Indian Express: Bombay HC [Read Order]
The Bombay High Court recently ruled that ex gratia bonuses provided to employees, exceeding the eligible bonus under the Payment of Bonus Act, qualify as permissible business expenditures. The...
ITAT directs to Examine allowability of claim for Deduction of Service Tax made during Assessment Proceedings [Read Order]
The Pune bench of Income Tax Appellate Tribunal ( ITAT ) directed to examine the allowability of the claim for the deduction of service tax made during the assessment proceedings. The assessee,...
![ITAT directs to Examine allowability of claim for Deduction of Service Tax made during Assessment Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-Pune-ITAT-Income-Tax-ITAT-Service-Tax-Deduction-Tax-Deduction-Claim-Examination-Service-Tax-ITAT-Directive-Taxscan.jpg "ITAT directs to Examine allowability of claim for Deduction of Service Tax made during Assessment Proceedings [Read Order]")
![No Service Tax payable on Ocean Freight/Sea Transportation Services: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Bombay-High-Court-Service-Tax-Transportation-Services-Service-Tax-payable-taxscan.jpg "No Service Tax payable on Ocean Freight/Sea Transportation Services: Bombay HC [Read Order]")
Actual Agricultural Operation not necessary condition to qualify as Agricultural Land: Bombay HC directs to pass Fresh Assessment Order under Income Tax Act [Read Order]
The Bombay High Court recently ruled that actual agricultural operation is not necessary condition to qualify as agricultural land and directed to pass fresh assessment order. The Assessing...
![Actual Agricultural Operation not necessary condition to qualify as Agricultural Land: Bombay HC directs to pass Fresh Assessment Order under Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Bombay-High-Court-Income-Tax-Assessment-Order-Agricultural-land-assessment-taxscan.jpg "Actual Agricultural Operation not necessary condition to qualify as Agricultural Land: Bombay HC directs to pass Fresh Assessment Order under Income Tax Act [Read Order]")
No TDS deductible on Business Support Services, not Taxable as FTS: Bombay HC grants relief to Shell India [Read Order]
In a major relief to Shell India Markets Private Limited, the Bombay High Court ruled that no TDS deductible on Business Support Services and it is not taxable as fees for technical services ( FTS )....
![Relief to Godrej: Bombay HC quashes Time-Barred Income Tax Reassessment Notice [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Income-Tax-Bombay-High-Court-Income-Tax-Reassessment-Notice-Godrej-taxscan.jpg "Relief to Godrej: Bombay HC quashes Time-Barred Income Tax Reassessment Notice [Read Order]")
TDS Deductible on Storage Charges: Bombay HC Rules Storage Tanks not Classifiable as Land or Building [Read Order]
The Bombay High Court ruled that storage tanks not classifiable as land or building and that TDS is deductible on storage charges. Assessee used to pay storage charges. Therefore, assessee had...
