![Change of Opinion does not Constitute Justification to Believe Escapement of Income: Bombay HC quashes Assessment Order against Knight Riders Sports [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Change-of-Opinion-Constitute-Justification-Believe-Escapement-Income-Bombay-HC-Assessment-Order-Knight-Riders-Sports-TAXSCAN.jpg "Change of Opinion does not Constitute Justification to Believe Escapement of Income: Bombay HC quashes Assessment Order against Knight Riders Sports [Read Order]")
Change of Opinion does not Constitute Justification to Believe Escapement of Income: Bombay HC quashes Assessment Order against Knight Riders Sports [Read Order]
The Bombay High Court quashed assessment order against Knight Riders Sports Pvt. Ltd, the petitioner and noted that the change of opinion does not...
![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]](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]")
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]")
DTAA Benefits allowable to Assessee acts as Intermediary between Indian Subscribers and Alibaba.com Hongkong: Bombay HC [Read Order]
In a recent judgment, the panel composed of Justice K.R. Shriram and Justice Firdosh P. Pooniwalla provided relief to the assessee, Alibaba.com, Singapore E-Commerce Private Limited. The panel...
![DTAA Benefits allowable to Assessee acts as Intermediary between Indian Subscribers and Alibaba.com Hongkong: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/DTAA-allowable-Assessee-acts-Intermediary-Indian-Subscribers-Albaba.com-�Hongkong-Bombay-HC-.jpg "DTAA Benefits allowable to Assessee acts as Intermediary between Indian Subscribers and Alibaba.com Hongkong: Bombay HC [Read Order]")
Bombay High Court Quashes Income Tax Recovery against Directors upon Proving Lack of Control on Financial Affairs of Company [Read Order]
The Division Bench of Justice K.R.Shriram and Justice M.M.Sathaye of Bombay High court has quashed the income tax recovery against directors upon proving lack of control on financial affairs of...
![Bombay High Court Quashes Income Tax Recovery against Directors upon Proving Lack of Control on Financial Affairs of Company [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Bombay-High-Court-Income-Tax-Recovery-Directors-Proving-Lack-of-Control-on-Financial-Affairs-of-Company-TAXSCAN.jpg "Bombay High Court Quashes Income Tax Recovery against Directors upon Proving Lack of Control on Financial Affairs of Company [Read Order]")
Time Limit to File Appeal initiates only after Signature of Proper Officer is made: Bombay HC directs Re-adjudication [Read Order]
The Bombay High Court chaired by Justice A S Doctor and K R Shriram directed to re-adjudicate the case and ordered a personal hearing before passing necessary orders. The bench agreed with the...
![Time Limit to File Appeal initiates only after Signature of Proper Officer is made: Bombay HC directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Appeal-File-Appeal-Signature-of-Proper-Officer-Bombay-Highcourt-Re-adjudication-taxscan.jpg "Time Limit to File Appeal initiates only after Signature of Proper Officer is made: Bombay HC directs Re-adjudication [Read Order]")
![Bombay HC directs to Refund of amounts paid during the Course of the Investigation [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Bombay-HC-Refund-Investigation-taxscan.jpg "Bombay HC directs to Refund of amounts paid during the Course of the Investigation [Read Order]")
Non-Consideration of Reply to SCN: Bombay HC says 'One More Case Where GST Dept Passed an Order Without Applying Mind' [Read Order]
A division bench of the Bombay High Court, while allowing a plea of the taxpayer aggrieved by the non-consideration of reply to the show-cause notice, has quashed the order and directed the GST...
![Non-Consideration of Reply to SCN: Bombay HC says One More Case Where GST Dept Passed an Order Without Applying Mind [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/SCN-Bombay-HC-One-Case-GST-TAXSCAN.jpg "Non-Consideration of Reply to SCN: Bombay HC says One More Case Where GST Dept Passed an Order Without Applying Mind [Read Order]")
GST Order Passed without providing Adequate Time to Respond to SCN is 'Patently Illegal': Bombay HC Advises Training to Officers
In a significant ruling to provide relief to the taxpayers, a division bench of the Bombay High Court has held that a GST order passed by tax authorities, which granted only seven days to file a...
