Bombay High Court
Bombay High Court, Bombay HC, Mumbai High Court, High Court of Bombay
![Provision for Capital Gain Exemption u/s 54F are Beneficial Provision, Substantial Compliance would Entitle Assessee to Claim Full Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Capital-Gain-Exemption-Beneficial-Provision-Substantial-Compliance-Assessee-Full-Deduction-Deduction-ITAT-Taxscan.jpg "Provision for Capital Gain Exemption u/s 54F are Beneficial Provision, Substantial Compliance would Entitle Assessee to Claim Full Deduction: ITAT [Read Order]")
Provision for Capital Gain Exemption u/s 54F are Beneficial Provision, Substantial Compliance would Entitle Assessee to Claim Full Deduction: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai Bench, has recently, in an appeal filed before it, held that the provision for capital gain...
![Contravention of general directions issued by Court where Notice u/s 148 for Reopening Assessment: Bombay HC remands matter to AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Bombay-High-Court-Bombay-HC-High-Court-Notice-Reopening-Assessment-Assessing-Officer-AO-taxscan-.jpg "Contravention of general directions issued by Court where Notice u/s 148 for Reopening Assessment: Bombay HC remands matter to AO [Read Order]")
![True and Full Disclosure regarding Valuation of Equity Shares: Bombay HC quashes Re-Assessment Notice [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Valuation-of-Equity-Shares-Equity-Shares-Shares-Bombay-High-Court-Re-Assessment-Notice-Re-Assessment-Notice-taxscan.jpg "True and Full Disclosure regarding Valuation of Equity Shares: Bombay HC quashes Re-Assessment Notice [Read Order]")
![Remand back of matter to AO to calculate Disputed Tax and not Fresh Adjudication: Bombay HC quashes action of PCIT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/AO-disputed-tax-fresh-adjudication-Bombay-High-Court-PCIT-Taxscan.jpg "Remand back of matter to AO to calculate Disputed Tax and not Fresh Adjudication: Bombay HC quashes action of PCIT [Read Order]")
Bombay HC rules CBDT Circular disallowing Expenses associated with Doctor Freebies, not applicable to AY 2008-09 [Read Order]
In a major ruling the Bombay High Court ruled that Central Board of Direct Taxes (CBDT) Circular disallowing Expenses associated with Doctor Freebies, not applicable to Assessment Year 2008-09. A...
Permission under Development Agreement for Construction, not Transfer under Income Tax Act: Bombay HC quashes Re-Assessment Notice [Read Order]
A Division Bench of the Bombay High comprising Justice Kamal Khata and Justice Dhiraj Singh Thakur quashed re assessment notice on the ground that permission under Development Agreement was given...
![Permission under Development Agreement for Construction, not Transfer under Income Tax Act: Bombay HC quashes Re-Assessment Notice [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Permission-Development-Agreement-Construction-Transfer-Income-Tax-Act-Bombay-High-Court-Re-Assessment-Notice-Taxscan.jpg "Permission under Development Agreement for Construction, not Transfer under Income Tax Act: Bombay HC quashes Re-Assessment Notice [Read Order]")
No Tangible Material for AO to have ‘reason to believe’ for Escapement of Income: Bombay HC quashes Re-Assessment Notice [Read Order]
The Bombay High Court quashed re assessment notice on the ground that no tangible material for Assessing Officer (AO) to have ‘reason to believe’ for escapement of income. A return of income was...
![No Tangible Material for AO to have ‘reason to believe’ for Escapement of Income: Bombay HC quashes Re-Assessment Notice [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Tangible-material-AO-Escapement-of-Income-Escapement-of-Income-Income-Bombay-High-Court-Re-Assessment-Notice-Re-Assessment-taxscan-.jpg "No Tangible Material for AO to have ‘reason to believe’ for Escapement of Income: Bombay HC quashes Re-Assessment Notice [Read Order]")
Mere Change of Opinion does not provide Jurisdiction to AO to Initiate Proceeding u/s 147: Bombay HC [Read Order]
The Bombay High Court observed that mere change of opinion does not provide jurisdiction to Assessing Officer (AO) to initiate proceeding under Section 147 of the Income Tax Act, 1961. The main...
![Mere Change of Opinion does not provide Jurisdiction to AO to Initiate Proceeding u/s 147: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Change-of-Opinion-Jurisdiction-AO-Proceeding-Bombay-High-Court-taxscan-.jpg "Mere Change of Opinion does not provide Jurisdiction to AO to Initiate Proceeding u/s 147: Bombay HC [Read Order]")
![Income Tax Notice Against Dead Person is Invalid: Bombay HC Quashes Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Income-Tax-Notice-Dead-Person-Bombay-High-Court-Proceedings-Taxscan.jpg "Income Tax Notice Against Dead Person is Invalid: Bombay HC Quashes Proceedings [Read Order]")
![Notice issued u/s 148 of Income Tax Act towards a Non-Existent Company is not valid: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Bombay-High-Court-Notice-Income-Tax-Act-Non-Existent-Company-Bombay-HC-Income-Tax-Taxscan.jpg "Notice issued u/s 148 of Income Tax Act towards a Non-Existent Company is not valid: Bombay HC [Read Order]")
Gross delay in Adjudicating SCN seeking Payment of Service Tax on Freight difference: SC confirms Order of Bombay HC quashing SCN [Read Judgement]
The Supreme Court of India confirmed order of the Bombay High Court quashing Show Cause Notice (SCN) due to gross delay in adjudicating Show Cuse Notice seeking payment of service tax on freight...
![Gross delay in Adjudicating SCN seeking Payment of Service Tax on Freight difference: SC confirms Order of Bombay HC quashing SCN [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2023/02/SCN-Adjudicating-SCN-Payment-Payment-of-Service-Tax-Service-Tax-Service-Tax-on-Freight-SC-Supreme-Court-Bombay-High-Court-taxscan.jpg "Gross delay in Adjudicating SCN seeking Payment of Service Tax on Freight difference: SC confirms Order of Bombay HC quashing SCN [Read Judgement]")