Tax Judgment of HC Annual Digest 2023 (Part-12)
This Annual Case Digest analytically summarizes the key stories related to Tax judgements of various High Courts in India reported in Taxsca.in...
![Notices And Proceedings Under Income Tax Act for Deceased Assessee as Null and Void: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Notices-Proceedings-Income-Tax-Act-Deceased-Assessee-Null-Bombay-High-Court-taxscan.jpeg "Notices And Proceedings Under Income Tax Act for Deceased Assessee as Null and Void: Bombay HC [Read Order]")
![Works by Government Agencies would not Complete if Entire Purchases were held as Non-genuine: Bombay HC upholds ITAT’s order on Bogus Purchases [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Works-by-Government-Agencies-Complete-if-Entire-Purchases-Non-genuine-Bombay-HC-ITATs-order-on-Bogus-Purchases-TAXSCAN.jpg "Works by Government Agencies would not Complete if Entire Purchases were held as Non-genuine: Bombay HC upholds ITAT’s order on Bogus Purchases [Read Order]")
![No New Tangible Material available on record to Prove Escapement of Income: Bombay HC quashes Re -Opening of Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Tangible-Material-Prove-Escapement-of-Income-Bombay-Highcourt-Re-Opening-of-Assessment-Assessment-taxscan.jpg "No New Tangible Material available on record to Prove Escapement of Income: Bombay HC quashes Re -Opening of Assessment [Read Order]")
![Relief to Milton Plastics: Bombay HC quashes Re Assessment Notice in absence of material for basis for Assumption of Jurisdiction [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Milton-Plastics-Re-Assessment-Notice-Assumption-Jurisdiction-TAXSCAN.jpg "Relief to Milton Plastics: Bombay HC quashes Re Assessment Notice in absence of material for basis for Assumption of Jurisdiction [Read Order]")
Debits and Credits Can in no way Lead to Inference of Income Escaped Assessment: Bombay HC [Read Order]
In a recent decision the Bombay High Court observed that debits and credits can in no way lead to an inference of income escaped assessment. The petitioner, Digi1 Electronics Pvt Ltd, challenged...
![Debits and Credits Can in no way Lead to Inference of Income Escaped Assessment: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Debits-Credits-Income-Escaped-Assessment-Income-Bombay-High-Court-Taxscan.jpg "Debits and Credits Can in no way Lead to Inference of Income Escaped Assessment: Bombay HC [Read Order]")
![Bombay High Court quashes Reassessment against Jetair [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Bombay-High-Court-Reassessment-Jetair-Taxscan.jpg "Bombay High Court quashes Reassessment against Jetair [Read Order]")
Re-Assessment based on Change of Opinion: Bombay HC Quashes Income Tax Proceedings against Mumbai Postal Employees [Read Order]
In a significant case the Bombay High Court quashed income tax proceedings against Mumbai Postal Employees and observed that re-assessment initiated based on the change of the opinion. ...
![Re-Assessment based on Change of Opinion: Bombay HC Quashes Income Tax Proceedings against Mumbai Postal Employees [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Re-Assessment-Bombay-Highcourt-Income-Tax-Proceedings-Mumbai-Postal-Employees-Income-Tax-taxscan.jpg "Re-Assessment based on Change of Opinion: Bombay HC Quashes Income Tax Proceedings against Mumbai Postal Employees [Read Order]")
Action against Director u/s 179 only to be taken after failure of steps to Recover Income Tax Due by Company: Bombay HC [Read Order]
A Division Bench of the Bombay High Court has recently quashed impugned show cause notices and the order issued under Section 179 of the Income Tax Act, 1961, to the petitioner, as the said order did...
![Action against Director u/s 179 only to be taken after failure of steps to Recover Income Tax Due by Company: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Director-Recover-Income-Tax-Due-Company-Bombay-HC-TAXSCAN.jpg "Action against Director u/s 179 only to be taken after failure of steps to Recover Income Tax Due by Company: Bombay HC [Read Order]")
Bombay HC deletes addition on Interest Expenditure on availability of Interest-Free Surplus Fund to make Investment [Read Order]
The Bombay High Court deleted the addition made on account of interest expenditureas the assessee, Godrej & BoyceMfg. Co. Ltd, had sufficient interest-free surplus funds to make the investment. ...
![Bombay HC deletes addition on Interest Expenditure on availability of Interest-Free Surplus Fund to make Investment [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Bombay-HC-Interest-Expenditure-Interest-Free-Surplus-Fund-Investment-TAXSCAN.jpg "Bombay HC deletes addition on Interest Expenditure on availability of Interest-Free Surplus Fund to make Investment [Read Order]")
Reopening of Assessment after 4 years based on change of opinion without stating any reason is not valid : Bombay HC set aside Re-assessment Order [Read Order]
In a matter of reopening of assessment after 4 years based on a change of opinion without stating any reason, the Bombay High Court (HC) set aside the re-assessment order being void. The...
