The court ruled that the reassessment notice was invalid, emphasizing that once an authority determines that reassessment is unnecessary, it cannot reverse its decision arbitrarily without a valid ...

Bombay High Court finds Income Tax Department's restriction on rebate claims for certain income types to be unfair and ...

Tax Rebate under Section 87A is given to reduce your taxable income to nil. It is a better option to give tax relief through ...

The Bombay High Court on Friday quashed an Income Tax order ... in other cases due to pandemic-related challenges. The Income ...

Parmar (Jain), the Bombay High Court addressed an appeal concerning alleged bogus purchases. The Revenue argued that the ...

You can now claim 87A tax rebate on special income but the Income Tax Department may not honour this claim without scrutiny ...

The Supreme Court has upheld a Bombay High Court order directing the Income Tax Department to refund Rs 1,128 crore to Vodafone Idea (Vi), along with interest of Rs 500 crore, the telco informed the ...

With only two days to go before the deadline to file revised income tax ... of Bombay High Court, I-T Department has updated the ITR utility to claim the benefit of rebate under New Tax Regime ...

Nagpur: The Nagpur bench of the Bombay High Court has granted furlough to Arun Gulab Gawli, a former underworld figure. The court’s decision follows Gawli’s petition challenging the denial of ...

directed to put on hold the order issued by the Bombay High Court that quashed the lender's write-off of bonds. The high court had on January 20 quashed Yes Bank’s March 2020 decision to write ...