Taxation cases

3 verified cases involving Taxation, newest first.

Judgment delivered·1 hour ago

Breach Candy Hospital Trust vs Chief Commissioner of Income Tax

The Bombay High Court ruled that charging patients and generating a surplus does not disqualify a hospital from its philanthropic character for tax exemption purposes. The court set aside the Income Tax Department's orders rejecting the hospital's exemption applications for assessment years 2002-03 through 2021-22.

TaxationCharitable Trust

Maharashtra·2·Court matter

Judgment delivered·4 hours ago

In re: Constitutionality of Section 147A of the Income Tax Act, 1961

The Andhra Pradesh High Court has declared Section 147A of the Income Tax Act, 1961, unconstitutional. The ruling provides relief to taxpayers by invalidating reassessment notices issued under this provision.

TaxationConstitutional law

Andhra Pradesh·2·Court matter

Judgment delivered·2 weeks ago

Mineral Area Development Authority vs Steel Authority of India

A nine-judge Constitution Bench of the Supreme Court delivered a majority 8:1 judgment regarding the power of states to tax mineral-bearing lands. The court is currently considering whether this ruling should have prospective or retrospective application.

FederalismTaxation

3·Court matter