Bombay high court 148a
WebJul 18, 2024 · An interim order is passed by the Hon’ble High Court and a stay on notice issued under section 148 of the Act after March 31, 2024 without following the procedure … WebMar 2, 2024 · The Bombay High Court has held that the reopening of Income Tax Assessment cannot be allowed on grounds of future contingencies. The division bench of Justice N.J.Jamadar and Justice K.R.Shriram ...
Bombay high court 148a
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WebThe Hon’ble Bombay High Court in the case of Piramal Enterprises Ltd. v. ACIT [2024] 129 taxmann.com 18 (Bom) (HC) held that where during assessment proceedings show … WebMay 12, 2024 · In a recent decision of Union of India vs. Ashish Agarwal[1], the Supreme Court ( “SC”) effectively overturned several High Court decisions which had quashed reassessment notices issued under Section 148 (as it existed prior to the amendments introduced through the Finance Act, 2024). The decision has a significant impact for …
WebApr 1, 2024 · Prakash Tatoba Toraskar Vs ITO (Bombay High Court) - Prakash Tatoba Toraskar Vs ITO (Bombay High Court) In this case initial notice under Section 148 was …
WebIN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION WRIT PETITION NO.9835 OF 2024 Prakash Krishnavtar Bhardwaj …. Petitioner Versus 1. Income Tax Officer, Ward 2(1) ... 148A of the Act, rejecting the petitioner’s submission and holding the petitioner’s case to be one fit for issuing notice u/s.148 of the Act. WebApr 10, 2024 · 2.5 On 10th July, 1990, following the search conducted on 15th March, 1990 at the premises of M/s Rattan Gupta & Co., CA at Daryaganj, New Delhi, notices were issued by the Assistant Commissioner of Income Tax (for short, 'ACIT') (Investigation), Circle 7 (1), New Delhi to each of the assessees under Section 148 of the Act, in respect …
WebDec 21, 2024 · In a significant relief to thousands of taxpayers, a division bench of the Delhi High Court has asked the Income Tax (I-T) department to quash all notices issued under section 148 of the I-T Act after 1 April 2024. ... 1897 offers no assistance to the respondents as the new Section 148A demonstrates an intent 'to destroy' the old procedure ...
WebJul 15, 2024 · Notice issued under section 148 without complying with the provisions of section 148A is challenged before the Calcutta High Court in the case of Bagaria Properties and Investments Private Limited vs. … northern goldfields waWebApr 1, 2024 · The Bombay High Court bench of Justice K.R. Shriram and Justice N.J. Jamadar has quashed the ... there was no requirement to follow the procedure laid down under Section 148A of the Income Tax Act ... how to roast standing prime rib roastWebHon'ble Bombay High Court Income Tax Act, 1961 A.Y. 2013-14 Section 148 notice dated 31st July, 2024 relevant to the Assessment Year 2013-14 issued under Section 148 of the Income Tax Act ... northern gold granola honey almondWebbeen issued under Section 148A of the Act as substituted by the Finance Act, 2024 and construed or treated to be a show-cause notice in terms of Section 148A (b) of the Act. The Central Board of Direct Tax (CBDT) issued Instruction No.1/2024 dated 11.05.2024 for implementation of the aforesaid judgment passed by the Apex Court. 2.4. northern gold foods ltdWeb2 days ago · Bombay High Court held that initiation of re-assessment proceedings in violation of the procedure prescribed under section 148A (b) of the Income Tax Act i.e. without supplying requisite material is bad in law and liable to be set aside. Facts- The Petitioner challenges the notice under Section 148 of the Income Tax Act, 1961 (“the Act ... how to roast squash seeds in ovenWebFeb 25, 2024 · HC: Frequent violations of natural justice in reassessment proceedings warrant immediate attention at highest level; Imposes Rs.50,000/- cost. Aug 08, 2024. northern gold foods jobsWebOct 25, 2014 · to the Court in any proceedings, it shall bear an endorsement from the. o.fficeofthe Court whether a Caveat has or has notbeenfiled. '. 4. (1) Acopyofthe Caveat shall be served alongwith the notice required. to be served under section 148A (2). 1 Order XL-Awas inserted by Bombay High Court Notification No. P.O1O2I77,dated. how to roast suckling pig