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High Court Quashes Income Tax Reassessment Notice Under Section 148 Due to Lack of Tangible Material. Reassessment Based on Seized Documents from Unrelated Entities Declared Invalid

The High Court of Gujarat allowed the writ petitions challenging reassessment notices under Section 148 of Income Tax Act, 1961. The petitioner, an in...

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Bombay High Court Quashed Notice Issued Under Section 148 of the Income Tax Act, 1961. Reassessment Proceedings Deemed Invalid Due to Lack of New Material and Reopening on Same Grounds as Section 263 Proceedings

Reopening of assessment is not permissible when the issues have already been adjudicated in revisional proceedings under Section 263 and no fresh mate...

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Motor Vehicles Act, 1988 – Code of Civil Procedure, 1908 – Indian Penal Code, 1860 – Compensation Enhanced by Supreme Court for Motor Accident Victim on Appeal

Supreme Court of India Enhanced Compensation for Motor Accident Victim Citing 100% Disability and Reassessing Monthly Income – Civil Appeal No. 2322...

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Enhanced Compensation for Functional Disability. Constitution of India – Code of Civil Procedure, 1908 – Motor Vehicles Act, 1988.

Compensation in Motor Accident Claims – Functional Disability – Just Compensation Held: The Supreme Court enhanced the compensation granted to th...

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"High Court Invalidates Reassessment Notice Against Shri Saibaba Sansthan Trust Shirdi" "Reassessment quashed due to lack of new tangible material."

The Bombay High Court held that reopening of assessments under Section 147 of the Income Tax Act, 1961, based on material already scrutinized during t...

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Accident Compensation Appeal Dismissed by Tribunal Based on Annual Income and Dependency Considerations. Tribunal dismisses appeal against assessed income and compensation in motor accident claim, considering dependency and multiplier principles.

An appeal was filed challenging the Tribunal’s assessment of the deceased’s income and the calculated compensation for his family due to his untim...

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"Bombay High Court Quashes Tax Proceedings Against Uttam Value Steels Ltd. Post-Resolution Under IBC" "Resolution Plan Approval Under IBC Shields Corporate Debtor from Pre-Insolvency Tax Claims."

  1. Background of the Case: The petition was filed by Uttam Value Steels Ltd. and Mr. Subodh Karmarkar challenging multi...

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Bombay High Court Nullifies Faceless Assessment Notices Issued Without Jurisdiction. Court Upholds the Faceless Assessment Mechanism, Invalidates Notices Issued by Non-Faceless Officers.

The Bombay High Court, in the case of Abhin Anilkumar Shah vs. Income-tax Officer, International Tax Ward Circle 4(2)(1), Mumbai & Ors., quashed t...