Search Results for "Assessment Year"

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Bombay High Court Upholds Partial Relief to Assessee in Bogus Purchases Case. Court emphasizes the need for concrete evidence before labeling transactions as bogus.

The Bombay High Court delivered its judgment on appeals filed by the Revenue and SVD Resins & Plastics Pvt. Ltd. concerning the genuineness of cer...

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Bombay High Court Quashes Income Tax Notice Against Kairos Properties Pvt. Ltd. Faceless Scheme Violations Render Notice Invalid

The Bombay High Court quashed the income tax notice issued against Kairos Properties Pvt. Ltd. for the assessment year 2017-18. The court found that t...

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High Court Quashes Income Tax Reassessment Notice. Reassessment Blocked Due to Audit Objection Constituting Change of Opinion.

The Bombay High Court at Goa quashed a notice issued under Section 148-A(b) of the Income Tax Act, 1961, to Shri Dilip Laximan Powar. The court found ...

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High Court of Bombay at Goa Quashes Reassessment Notice Issued to Shri Dilip Laximan Powar. Court rules that the notice under Section 148-A(b) of the Income Tax Act was invalid due to the change of opinion, emphasizing the importance of consistent and fair application of tax law.

The High Court of Bombay at Goa, quashed a reassessment notice issued under Section 148-A(b) of the Income Tax Act, 1961. The petitioner, Shri Dilip L...

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Court Upholds Tax Collection Obligation on Mysore Sales Under Section 206C. Excise Contractors Deemed "Buyers" in Karnataka Liquor Vending Case, Appeal Dismissed

The application of Section 206C of the Income Tax Act, 1961, regarding tax collection at source on the sale of alcoholic liquor, particularly focusing...

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Search Action Under Section 132 of the Income Tax Act, 1961. Unveiling the Controversy Surrounding the Unconstitutional Search and Seizure of Cash, Jewelry, and Documents by Revenue Authorities

Presents two petitions challenging a search action conducted under Section 132 of the Income Tax Act, 1961. The petitioners, including a private limit...