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Bombay High Court Upholds Section 10B Benefit and Section 14A Relief for EOU
Bombay High Court dismisses Revenue appeals, upholding Section 10B benefits for a 100% EOU and sustaining the deletion of Rule 8D disallowance.
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CENVAT Credit Cannot Be Denied After Accepting Broadcasting Status: Bombay HC
In a significant legal development, the Bombay High Court has ruled that Central Value Added Tax (CENVAT) credit cannot be denied to an entity once its status as a broadcaster…
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Stamp Duty Cannot Be Levied Before Issuance of SARFAESI Sale Certificate: Bombay HC
The Bombay High Court rules that stamp duty cannot be charged before a SARFAESI sale certificate is issued, bringing clarity to auction purchasers.
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Bombay High Court Rules Ambiguous Tax Notice Invalidates Penalty Proceedings
Discover how a landmark Bombay High Court ruling protects taxpayers by invalidating penalty proceedings initiated through ambiguous tax notices.
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Bombay High Court Rules Bogus Purchases Insufficient for Section 69C Additions
The Bombay High Court has delivered a significant ruling concerning Indian tax law, holding that the mere identification of bogus purchases does not automatically justify additions under Section 69C of…
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Bombay High Court Rules Assessee Cannot Claim Relief on Amount Already Disallowed
The Bombay High Court ruled that taxpayers cannot claim relief on tax amounts they have already voluntarily disallowed in their original filings.