Case: Perizad Zorabian Irani v. PCIT Court: Bombay High Court Judgement Summary: The petitioner is an actress shown her professional income and also remuneration from two partnership firms in her return of income. The professional income being less than prescribed limit petitioner has not obtained the tax Audit report. The Assessing Officer held that though …
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In the case of Pankaj s/o Roshan Dhawan vs National E-Assessment Centre and Others, the Bombay High Court has held that: It is true that an alternate remedy by way of statutory appeal is available to the petitioner. However in view of the fact that it is apparent that the assessment order has been issued …
In the case of Pawan Morarka Vs ACIT, the Bombay High Court has held that: On the submissions of Mr. Pardiwalla that respondent had issued impugned notice under Section 148 relying on the Delhi High Court order and judgment despite agitating the conclusion of the Delhi High Court before the Apex Court, Mr. Suresh Kumar …
In the writ petition no. 3581 of 2021, the Bombay High Court has held on December 20, 2021 that: 4.) In the affidavit in reply, the same Mr. Suryavanshi states “as Annexure – 2 is the copy of the approval u/s 151 of the Act ”. There is no annexure – 1 mentioned anywhere. Moreover, …
SRC Chemicals Private Limited & Anr. v. Central Board of Indirect Taxes and Customs & Ors. The Petitioner made certain exports on 28th June 2017, on which date the CGST Act and the IGST were not in force. However, due to reasons beyond the control of the Petitioner, the Shipping Bill did not get printed …
COURT: Bombay High Court CORAM: Akil Kureshi J, M. S. Sanklecha J SECTION(S): 9(1)(vi) GENRE: International Tax CATCH WORDS: India-Netherlands DTAA, Retrospective amendment, royalty COUNSEL: J.D. Mistri DATE: February 5, 2019 (Date of pronouncement) DATE: June 8, 2019 (Date of publication) CITATION: Section 9(1)(vi) ‘Royalty’: The insertions of Explanations 5 & 6 to s. 9(1)(vi) …
COURT: Bombay High Court CORAM: Akil Kureshi J, S. J. Kathawallla J SECTION(S): 32(1)(ii) GENRE: Domestic Tax CATCH WORDS: Depreciation, intangible asset COUNSEL: Atul Jasani, Mehul Agarwal DATE: June 11, 2019 (Date of pronouncement) DATE: June 20, 2019 (Date of publication) CITATION: [ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”2″ ihc_mb_template=”1″ ] Section 32(1)(ii)- Depreciation on Intangible asset: Rights acquired …
COURT: Bombay High Court CORAM: Akil Kureshi J, S. J. Kathawallla J SECTION(S): 40A(9) GENRE: Domestic Tax CATCH WORDS: business expenditure, disallowance COUNSEL: Atul Jasani, Nitesh Joshi, P.J. Pardiwalla DATE: June 18, 2019 (Date of pronouncement) DATE: June 24, 2019 (Date of publication) CITATION: [ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”2″ ihc_mb_template=”1″ ] Section 40A(9): The provision is not …
COURT: Bombay High Court (Goa Bench) CORAM: M. S. Jawalkar J, M. S. Sonak J SECTION(S): 68 GENRE: Domestic Tax CATCH WORDS: Section 68 cash credit COUNSEL: Dr. P. Daniel DATE: February 14, 2020 (Date of pronouncement) DATE: February 24, 2020 (Date of publication) AY: 2008-09 CITATION: [ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”2″ ihc_mb_template=”1″ ] Section 68- Bogus …
Bombay High Court’s Judgement on Section 68 of the Income Tax Act: Ivan Singh vs ACIT Read More »
COURT: Bombay High Court CORAM: Milind D. Jadhav J, Ujjal Bhuyan J SECTION(S): 68 GENRE: Domestic Tax CATCH WORDS: Bogus Accomodation Entries COUNSEL: Suresh Kumar DATE: June 12, 2020 (Date of pronouncement) DATE: June 13, 2020 (Date of publication) AY: 2003-04 CITATTION: Section 68- Bogus Cash Credits: In the case of an assessee engaged in providing …
Bombay High Court’s Judgement on Bogus Cash Credits: PCIT vs Alag Securities Pvt. Ltd Read More »
COURT: Bombay High Court CORAM: Milind D. Jadhav J, Ujjal Bhuyan J SECTION(S): 28(iv) GENRE: Domestic Tax CATCH WORDS: subsidy, waiver of loan COUNSEL: P. C. Chhotaray, P. C. Tripathi, Subhash S. Shetty DATE: March 5, 2020 (Date of pronouncement) DATE: June 26, 2020 (Date of publication) AY: 1984-85 CITATION: [ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”2″ ihc_mb_template=”1″ ] …
COURT: Bombay High Court CORAM: Milind D. Jadhav J, Ujjal Bhuyan J SECTION(S): 69C GENRE: Domestic Tax COUNSEL: Akhileshwar Sharma DATE: January 29, 2020 (Date of pronouncement) DATE: July 3, 2020 (Date of publication) AY: 2010-11 CITATION: [ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”2″ ihc_mb_template=”1″ ] Section 69C- Bogus Purchases: (i) The onus is on the revenue to prove …
CASE: Gateway Leasing Pvt. Ltd vs. ACIT COURT: Bombay High Court CORAM: Milind D. Jadhav J, Ujjal Bhuyan J SECTION(S): 10(38), 147, 148, 45 GENRE: Domestic Tax COUNSEL: Jas Sanghvi, Madhur Agrawal, Suresh Kumar DATE: March 11, 2020 (Date of pronouncement) DATE: July 13, 2020 (Date of publication) AY: 2012-13 CITATION: [ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”2″ ihc_mb_template=”1″ …
Bombay High Court’s Judgement on Reopening for Bogus Capital Gains from Penny Stocks Read More »
COURT: Bombay High Court (Goa Bench) CORAM: Dama Seshadri Naidu J, M. S. Sonak J SECTION(S): 68 GENRE: Domestic Tax COUNSEL: Nikhil Pai, S. S. Kantak, Susan Linhares DATE: October 14, 2020 (Date of pronouncement) DATE: October 31, 2020 (Date of publication) AY: 2006-07 CITATION: Section 68- Bogus Cash Credits: The Revenue can examine the …
Bombay High Court’s Judgement on Section 68 of the Income Tax Act: CIT vs Sadiq Sheikh Read More »
COURT: Bombay High Court CORAM: Milind N. Jadhav J, Ujjal Bhuyan J SECTION(S): Vivad Se Vishwas Scheme GENRE: Domestic Tax COUNSEL: Jas Sanghavi, prakash Shah, V. Sridharan DATE: March 25, 2021 (Date of pronouncement) DATE: March 27, 2021 (Date of publication) AY: 2015-16 [ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”2″ ihc_mb_template=”1″ ] CITATION: Vivad se Vishwas Act: The CBDT’s …
Court: Bombay High Court CORAM: Abhay Ahuja J, Sunil P. Deshmukh J SECTION(S): 245 of the Income Tax Act GENRE: Domestic Tax COUNSEL: Atul Jasani, Harsh Kapadia, J.D. Mistri, Suresh Kumar DATE: April 6, 2021 (Date of pronouncement) DATE: April 24, 2021 (Date of publication) A.Y.: 2019-20 [ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”2″ ihc_mb_template=”1″ ] Section 245 Adjustment …
Bombay HC (Division Bench) today presided over matter pertaining to constitutional validity of Section 13(8)(b) dealing with ‘place of supply’ in case of ‘Intermediary service’; While Justice Ujjal Bhuyan held 13(8)(b) of the IGST Act to be ultra vires besides being unconstitutional, Justice Ahuja likely to pronounce a differing view on June 16, 2021. Bombay …
A.T.E. Enterprises Pvt Ltd vs Union of India & Others- Bombay High Court Read More »
In the case of Ritul Jewels Private Limited v/s National Faceless Assessment Centre & Ors., Hon’ble Bombay High Court stays order passed under Faceless Assessment Scheme due to following reasons: (1.) Order passed without considering adjournment request, (2.) Order passed without granting personal hearing, (3.) Submissions of the assessee not considered. To download the copy …
Bombay High Court Stays Order Passed under Faceless Assessment Scheme. Know the Reasons Read More »
Holding Hands of Minor Girl & Opening Pants Zip Not ‘Sexual Assault’ Under POCSO Act But ‘Sexual Harassment’ Under Section 354A IPC: Bombay High Court The Bombay High Court (Nagpur Bench) has held that the act of holding a minor girl’s hands and opening the zip of pants will not come under the definition of …
A division bench of Bombay High Court today heard Habeas Corpus plea of senior journalist Arnab Goswami, who was arrested yesterday in a connection with abetment to suicide case by Raigad Police. Journalist’s advocate submitted before the court that the arrest is illegal and argued that opening a case by Police through suo Moto action …
Bombay High Court hears Arnab Goswami’s habeas corpus plea Read More »