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ED Cannot make PMLA arrest after Cognizance without Consent of Court: Supreme Court
The Supreme Court ruled that the Enforcement Directorate ( ED )cannot directly arrest a person under the Prevention of Money Laundering Act ( PMLA )...
![Section 143(1D) can’t detract the Discretionary Power of AO to process the Returns even if a Notice u/s 143(2) is Issued: Bombay HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Bombay-High-Court-Tax-Scan.jpg "Section 143(1D) can’t detract the Discretionary Power of AO to process the Returns even if a Notice u/s 143(2) is Issued: Bombay HC [Read Judgment]")
Breakdown and Technical Snags of Machineries during Trial runs cannot be a reason for denying Depreciation: Bombay HC grants relief to L & T [Read Judgment]
The Bombay High Court, while granting relief to Larsen And Turbo, nearly more than a decade of facing disputes in its Clinker/Cement Factory in Gujarat, held that breakdown and technical snags of...
![Breakdown and Technical Snags of Machineries during Trial runs cannot be a reason for denying Depreciation: Bombay HC grants relief to L & T [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/12/Larsen-Turbo-Taxscan.jpg "Breakdown and Technical Snags of Machineries during Trial runs cannot be a reason for denying Depreciation: Bombay HC grants relief to L & T [Read Judgment]")
Bombay HC upholds Amendment in Bombay Sales Tax Act treating ‘Port Trusts’ as Deemed Dealers [Read Judgment]
The State of Maharashtra on November 7th got green flag from the High Court of Bombay to treat the Port Trusts as deemed dealers. A division bench of the Bombay High Court, has upheld the...
![Bombay HC upholds Amendment in Bombay Sales Tax Act treating ‘Port Trusts’ as Deemed Dealers [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Bombay-High-Court-2-Tax-Scan.jpg "Bombay HC upholds Amendment in Bombay Sales Tax Act treating ‘Port Trusts’ as Deemed Dealers [Read Judgment]")