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Landmark Rulings

Bombay High Court — Direct Tax

1,071 rulings

  1. Bombay High Court · 15 May 2024
    HC - Bombay High Court Quashes Reopening of Assessment, Holds AO's Change of Opinion Not a Valid Reason to Believe Income Escaped Assessment.

    UPESI VENTURES LTD., VERSUS THE ASSISTANT COMMISSIONER OF INCOME TAX, (INTERNATIONAL TAXATION) , CIRCLE-4 (3) (1) , MUMBAI, THE COMMISSIONER OF INCOME TAX (INTERNATIONAL TAXATION) -4, MUMBAI, THE UNION OF INDIA.

    (2024) TaxCorp(LJ) 33894 (HC-BOMBAY) · https://taxcorp.in/FileOpenDT.aspx?ID=92483&Category=Judgment&CategoryType=Zip

  2. Bombay High Court · 15 May 2024
    HC - Bombay High Court Quashes Notices Issued by JAO Under Section 148, Extends Benefit of Hexaware Technologies Judgment.

    HITESH RAMNIKLAL SHAH VERSUS THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-23 (1) , MUMBAI & ORS.

    (2024) TaxCorp(LJ) 33893 (HC-BOMBAY) · https://taxcorp.in/FileOpenDT.aspx?ID=92484&Category=Judgment&CategoryType=Zip

  3. Bombay High Court · 15 May 2024
    HC - Bombay High Court Upholds ITAT's Decision to Delete Addition of Share Application Money, Holds Assessee Discharged Burden of Proving Genuineness.

    THE COMMISSIONER OF INCOME TAX “CENTRAL CIRCLE”, PANAJI, GOA. VERSUS M/S PRIMESLOTS PROPERTIES PVT. LTD.

    (2024) TaxCorp(LJ) 33891 (HC-BOMBAY) · https://taxcorp.in/FileOpenDT.aspx?ID=92486&Category=Judgment&CategoryType=Zip

  4. Bombay High Court · 10 May 2024
    HC - Bombay High Court Quashes Search Proceedings Due to Pretentious and Unrelated Reasons in Satisfaction Note, Allows Use of Unearthed Information

    Echjay Industries Pvt Ltd Vs Director of Income Tax-II

    (2024) TaxCorp(LJ) 33872 (HC-BOMBAY)

  5. Bombay High Court · 09 May 2024
    HC - Bombay High Court Upholds Denial of Section 80-O Deduction Despite CCIT Approval Due to Unfulfilled Conditions.

    Hindustan Export & Import Corporation Private Limited Vs The Deputy Commissioner of Income-tax

    (2024) TaxCorp(LJ) 33863 (HC-BOMBAY) · Section 80-O

  6. Bombay High Court · 08 May 2024
    HC - Bombay High Court Condones Delay in Filing Revised ITR Based on NCLT-Ordered Recast of Accounts, Finds CBDT's Rejection Unreasonable.

    CG Power And Industrial Solutions Ltd Vs Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 33853 (HC-BOMBAY)

  7. Bombay High Court · 08 May 2024
    HC - Bombay High Court Quashes Reassessment Notice, Holds Gift of Shares Not Liable for Capital Gains Tax

    Jai Trust Vs The Union of India

    (2024) TaxCorp(LJ) 33852 (HC-BOMBAY)

  8. Bombay High Court · 07 May 2024
    HC - Bombay High Court Quashes Assessment Order Over Disparity in Show Cause Notice and Final Order, Holds SCN Not an 'Empty Formality'

    Vivek Jaisingh Asher Vs Income Tax Officer

    (2024) TaxCorp(LJ) 33850 (HC-BOMBAY)

  9. Bombay High Court · 04 May 2024
    Bombay HC Upholds Quashing of Reassessment Order, Citing Mere Change of Opinion as Grounds

    HDFC Bank Ltd. (Successor to Business of Centurion Bank of Punjab Ltd.) Vs The Principal Commissioner of Income Tax-2

    (2024) TaxCorp(LJ) 33832 (HC-BOMBAY)

  10. Bombay High Court · 03 May 2024
    HC - Bombay High Court Quashes JAO's Reassessment Notice Issued Post-Ashish Agarwal, Agrees with Telangana HC on Section 151A.

    Hexaware Technologies Limited Vs Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 33830 (HC-BOMBAY) · Section 151A

  11. Bombay High Court · 03 May 2024
    HC - Directives from the Bombay HC: Revenue Reassessed on Residential Status Amidst Procedural Irregularity

    Aldrin Alberto Araujo Soares Vs Deputy Commissioner of Income Tax

    (2024) TaxCorp(LJ) 33826 (HC-BOMBAY) · Section 144C

  12. Bombay High Court · 03 May 2024
    HC - Bombay HC Quashes Assessment Notices Issued Prior to Effective Date of NCLT-Approved Resolution Plan.

    AMNS KHOPOLI LIMITED (FORMERLY KNOWN AS UTTAM GALVA STEELS LIMITED) , VERSUS ASSISTANT COMMISSIONER OF INCOME TAX (INTERNATIONAL TAX) , CIRCLE 1 (1) (1) , DELHI, UNION OF INDIA.

    (2024) TaxCorp(LJ) 33825 (HC-BOMBAY) · https://taxcorp.in/FileOpenDT.aspx?ID=92407&Category=Judgment&CategoryType=Zip

  13. Bombay High Court · 03 May 2024
    Bombay High Court: Section 147 Bars Reassessment of Income Subject to Appeal, Reassessment Notice Set Aside.

    M/S. POONAM BUILDERS VERSUS ACIT, CENTRAL CIRCLE - 8 (4) , MUMBAI, PR. COMMISSIONER OF INCOME TAX, CENTRAL - 4, MUMBAI, UNION OF INDIA

    (2024) TaxCorp(LJ) 33823 (HC-BOMBAY) · https://taxcorp.in/FileOpenDT.aspx?ID=92409&Category=Judgment&CategoryType=Zip

  14. Bombay High Court · 03 May 2024
    HC - Bombay High Court Quashes Reopening Notices Based on Borrowed Material from DRI and Justice M.B. Shah Commission Report.

    BALAJI MINES AND MINERALS PVT. LTD., THR. ITS DIRECTOR MUKESH MATHURADAS SAGLANI., SALITHO ORES PVT. LTD. VERSUS THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1 AND 3 ORS.

    (2024) TaxCorp(LJ) 33822 (HC-BOMBAY) · https://taxcorp.in/FileOpenDT.aspx?ID=92410&Category=Judgment&CategoryType=Zip

  15. Bombay High Court · 30 Apr 2024
    Bombay HC Nullifies Reassessment Proceedings for AYs 2009-10, 2010-11, and 2011-12 Based on Inadequate Justification from DRI Reports

    Balaji Mines And Minerals Pvt. Ltd Vs The Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 33802 (HC-BOMBAY)

  16. Bombay High Court · 29 Apr 2024
    Bombay High Court Nullifies Reassessment Proceedings Against Patanjali Foods, Affirming Legal Precedent

    Patanjali Foods Ltd. (formerly known as Ruchi Soya Industries Ltd.) Vs The Principal Commissioner of Income Tax

    (2024) TaxCorp(LJ) 33796 (HC-BOMBAY) · Section 148

  17. Bombay High Court · 27 Apr 2024
    Bombay HC Conditionally Grants Condonation of Delay in Filing Form 10B for Assessee-Trust Due to Auditor's Oversight

    Al Jamia Mohammediyah Education Society Vs Commissioner Of Income Tax

    (2024) TaxCorp(LJ) 33785 (HC-BOMBAY)

  18. Bombay High Court · 13 Apr 2024
    HC - Bombay HC Quashes Reassessment Proceedings Initiated Solely on Basis of Set Aside Revisionary Order for Subsequent AY, Holds it as Change of Opinion.

    MFE Formwork Technology SDN.BHD Vs Deputy Commissioner of Income Tax

    (2024) TaxCorp(LJ) 33709 (HC-BOMBAY)

  19. Bombay High Court · 30 Mar 2024
    HC - Bombay HC Quashes Reassessment Proceedings Against Investor in JM Financial Mutual Fund, Finds No Nexus Between Reasons Recorded and Belief of Income Escapement.

    Karan Maheshwari Vs Assistant Commissioner of Income Tax

    (2024) TaxCorp(LJ) 33647 (HC-BOMBAY)

  20. Bombay High Court · 30 Mar 2024
    HC - Bombay HC Quashes Reassessment Proceedings Against Vibrant Securities, Holds 'Change of Opinion' and Lack of 'Live Link' Between Material and Belief.

    Vibrant Securities Pvt. Ltd Vs Income Tax Officer

    (2024) TaxCorp(LJ) 33644 (HC-BOMBAY)

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