Bombay High Court
Bombay High Court, Bombay HC, Mumbai High Court, High Court of Bombay
![Relief to Universal Music India: Supreme Court dismisses SLP filed by Income Tax Department on Delay of 411 Days [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2023/09/Relief-to-Universal-Music-India-Supreme-Court-SLP-filed-Income-Tax-Department-on-Delay-of-411-Days-taxscan-1.jpg "Relief to Universal Music India: Supreme Court dismisses SLP filed by Income Tax Department on Delay of 411 Days [Read Judgement]")
Relief to Universal Music India: Supreme Court dismisses SLP filed by Income Tax Department on Delay of 411 Days [Read Judgement]
The Supreme Court bench of Justice B.V. Nagarathna and Justice Ujjal Bhuyan have dismissed the Special Leave Petition (SLP) on delay of 411 days. The...
![Write-off of Bad Debt not Asset, Clause - (a) of 4th Proviso to Section 153A(1) of Income Tax Act bars Assessment: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Write-off-of-Bad-Debt-Debt-Asset-Income-Tax-Act-Assessment-Bombay-HC-taxscan.jpg "Write-off of Bad Debt not Asset, Clause - (a) of 4th Proviso to Section 153A(1) of Income Tax Act bars Assessment: Bombay HC [Read Order]")
![Failure to Pass Draft Assessment Order u/s 144C(1) of Income Tax Act renders Assessment as one without Jurisdiction: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Failure-Draft-Assessment-Order-Income-Tax-Act-Assessment-Jurisdiction-Bombay-HC-TAXSCAN.jpg "Failure to Pass Draft Assessment Order u/s 144C(1) of Income Tax Act renders Assessment as one without Jurisdiction: Bombay HC [Read Order]")
![Granting of License to Developer doesn’t Amount to possession within Meaning of Section 53A of TP Act, S. 2(47)(v) of Income Tax Act not applicable: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Granting-License-to-Developer-Amount-Possession-Meaning-Income-Tax-Act-Bombay-High-Court-taxscan.jpg "Granting of License to Developer doesn’t Amount to possession within Meaning of Section 53A of TP Act, S. 2(47)(v) of Income Tax Act not applicable: Bombay HC [Read Order]")
![Income Tax illegally levied must be Refunded: Bombay High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Income-Tax-illegally-refunded-Income-Tax-Bombay-High-Court-taxscan.jpg "Income Tax illegally levied must be Refunded: Bombay High Court [Read Order]")
Bombay HC set aside Assessment Order u/s 148 in Absence of Evidence proving Income Escapement in Assessment [Read Order]
The Bombay High Court HC set aside an assessment order under section 148 of Income ncome Tax Act,1961 in the absence of evidence proving income escapement in assessment. Vaman Prestressing Co....
![Bombay HC set aside Assessment Order u/s 148 in Absence of Evidence proving Income Escapement in Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Bombay-High-Court-assessment-order-Absence-of-Evidence-proving-Income-Escapement-in-Assessment-taxscan.jpeg "Bombay HC set aside Assessment Order u/s 148 in Absence of Evidence proving Income Escapement in Assessment [Read Order]")
Delayed Payment on Balance Amount of Self Assessment Tax not amount to Tax Arrear under DTVSV Act: Bombay HC [Read Order]
The Bombay High Court (HC) has held that delayed payment on the balance amount of self-assessment tax does not amount to tax arrears under Direct Tax Vivad Se Vishwas Act 2020 ( DTVSV Act) Pragati...
Disallowance owing to State Government Grants towards Cost of Capital Assets: Supreme Court issues Notice to Maharashtra State Electricity Distribution Co. Ltd. [Read Order]
The Supreme Court has issued notice to the respondent, Maharashtra State Electricity Distribution Co. Ltd, in an appeal preferred by the Pr. CIT with regard to the issue of disallowance owing...
![Disallowance owing to State Government Grants towards Cost of Capital Assets: Supreme Court issues Notice to Maharashtra State Electricity Distribution Co. Ltd. [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Disallowance-owing-State-Government-Grants-Cost-Capital-Assets-Supreme-Court-issues-Notice-Maharashtra-State-Electricity-Distribution-taxscan-1.jpg "Disallowance owing to State Government Grants towards Cost of Capital Assets: Supreme Court issues Notice to Maharashtra State Electricity Distribution Co. Ltd. [Read Order]")
![Damage on account of Right to Sue is a Capital Receipt not chargeable to Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Damage-account-Damage-on-account-of-Right-to-Sue-is-a-Capital-Receipt-Sue-Right-Capital-Receipt-Tax-ITAT-taxscan.jpg "Damage on account of Right to Sue is a Capital Receipt not chargeable to Tax: ITAT [Read Order]")
No Retrospective Effect on Amendment under S. 54 of Income Tax Act Restricting Investment In India: Bombay HC [Read Order]
The Bombay High Court has held that the amendment under section 54 of the Income Tax Act, 1961 has no retrospective effect on restricting investment in India as the amended provision would come into...
![No Retrospective Effect on Amendment under S. 54 of Income Tax Act Restricting Investment In India: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Retrospective-Effect-on-Amendment-Income-Tax-Act-Investment-In-India-Bombay-Highcourt-taxscan.jpeg "No Retrospective Effect on Amendment under S. 54 of Income Tax Act Restricting Investment In India: Bombay HC [Read Order]")
Failure to Prove Non-disclosure and Reasons for Reopening Assessment: Bombay HC quashes Proceedings u/s 148 of Income Tax Act [Read Order]
“There is not even a whisper in the entire communication trail as to what was not disclosed”, the Bombay High Court observed while quashing the penalty proceedings against the assessee under Section...
![Failure to Prove Non-disclosure and Reasons for Reopening Assessment: Bombay HC quashes Proceedings u/s 148 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Failure-Failure-to-Prove-Non-disclosure-and-Reasons-for-Reopening-Assessment-Non-disclosure-Bombay-High-Court-taxscan.jpeg "Failure to Prove Non-disclosure and Reasons for Reopening Assessment: Bombay HC quashes Proceedings u/s 148 of Income Tax Act [Read Order]")
Plea Challenging Constitutional Validity of Provisions on Resolution Professional: Bombay HC issues Notice to Attorney General of India [Read Order]
A Division Bench of the Bombay High Court issued notice to the Attorney General of India, R. Venkataramani, in a plea challenging the constitutional validity of provision on Resolution...
