Bombay High Court
Bombay High Court, Bombay HC, Mumbai High Court, High Court of Bombay
![Pre-Operative Expenses are ‘Revenue’ in Nature though It was Shown as Capital in the Books of Accounts: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/07/Revenue-Expenditure-Bombay-HC-Taxscan.jpg "Pre-Operative Expenses are ‘Revenue’ in Nature though It was Shown as Capital in the Books of Accounts: Bombay HC [Read Order]")
Pre-Operative Expenses are ‘Revenue’ in Nature though It was Shown as Capital in the Books of Accounts: Bombay HC [Read Order]
A division bench of the Bombay High Court recently held that pre-operative expenses incurred by the assesse-Companies are ‘revenue’ in nature even if...
![Rental Income and Service Charges from Leasing Out Malls/Commercial Complex constitute ‘Business Income’: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/07/Malls-Rental-Income.jpg "Rental Income and Service Charges from Leasing Out Malls/Commercial Complex constitute ‘Business Income’: Bombay HC [Read Order]")
![Tenant is Eligible for Depreciation in respect of Expenditure incurred on Leased Premise: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/07/Leasing.jpg "Tenant is Eligible for Depreciation in respect of Expenditure incurred on Leased Premise: Bombay HC [Read Order]")
TDS not Applicable to ‘Octroi’ Collected by Municipal Corporations through its Agents: Bombay HC [Read Judgment]
While upholding an order passed by the Mumbai ITAT, the Nagpur bench of the Bombay High Court held that TDS provisions of section 206C(1C) of income Tax Act, 1961 is not applicable to ‘Octroi’...
![TDS not Applicable to ‘Octroi’ Collected by Municipal Corporations through its Agents: Bombay HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/09/Tax-dedution-at-source-TDS-Tax-Scan.jpg "TDS not Applicable to ‘Octroi’ Collected by Municipal Corporations through its Agents: Bombay HC [Read Judgment]")
No Provision for Delay Condonation in Filing Rectification Application under Customs Act: HC directs CESTAT to Rectify the Error [Read Judgment]
A division bench of the Bombay High Court in M/s Allied Fibers Ltd v. Commissioner of Customs & Anr, observed that there is no provision for condonation of delay in filing rectification...
HC cannot Entertain an Appeal wherein ‘Rate of Duty’ or ‘Value of Goods’ is Disputed: Bombay HC [Read Judgment]
While dismissing an appeal filed by the Commissioner of Central Excise & Service Tax, Kolhapur, a division bench of the Bombay High Court observed that in view of Section 35G of the Central Excise...
Share Transaction cannot be treated as Bogus when Assessee produced all Relevant Documents but Parties are not Traceable: Bombay HC [Read Judgment]
In CIT v. M/s. Orchid Industries Pvt. Ltd, a division bench of the Bombay High Court held that share transactions cannot be treated as bogus under section 68 of the Income Tax Act when Assessee...
![Share Transaction cannot be treated as Bogus when Assessee produced all Relevant Documents but Parties are not Traceable: Bombay HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Sale-of-Shares-Tax-Scan.jpg "Share Transaction cannot be treated as Bogus when Assessee produced all Relevant Documents but Parties are not Traceable: Bombay HC [Read Judgment]")
No Interest for the Period of Delay in Supplying Copies of Documents to Assessee: Bombay HC [Read Judgment]
A division bench of the Bombay High Court in Mahavir Manakchand Bhansali v. CIT held that Interest cannot be charged for the period of delay in supplying copies of accounts and relevant record and...
![No Interest for the Period of Delay in Supplying Copies of Documents to Assessee: Bombay HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/05/Interest-Taxscan.jpg "No Interest for the Period of Delay in Supplying Copies of Documents to Assessee: Bombay HC [Read Judgment]")
Cash Payments made in a Village which does not have Banking Facility are not allowable as Expenditure unless Genuineness of Same is proved: Bombay HC [Read Judgment]
Recently in Ellora Paper Mills Ltd v. CIT, the Bombay High Court held that the assessee cannot avail the benefit of Section 40A(3) of the Income Tax Act in respect of Cash payments made in a Village...
![Cash Payments made in a Village which does not have Banking Facility are not allowable as Expenditure unless Genuineness of Same is proved: Bombay HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/03/Cash-Transaction-Limit.jpg "Cash Payments made in a Village which does not have Banking Facility are not allowable as Expenditure unless Genuineness of Same is proved: Bombay HC [Read Judgment]")