arrear payment
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Bombay High Court Partially Allows Educational Institution’s Challenge, Restricting Payment of Arrears Under Pay Commissions to Three Years Prior to Retirement, While Upholding 9% Interest, Clarifies Stale Claims Barred Without Timely Assertion

Court’s Decision The Bombay High Court (Nagpur Bench) partially allowed the petitions filed by the educational institution, holding that while the employees were entitled to arrears under the 5th, 6th,…
July 6, 2025
narcotics case
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Bombay High Court Quashes Income Tax Reassessment Against Bharat Petroleum Corporation Limited for Alleged Wrong Dividend Exemption, Holding No Failure to Disclose Material Facts and Reopening Beyond Limitation is Invalid Under First Proviso to Reassessment Powers

Court’s Decision The Bombay High Court quashed reassessment notices and orders issued against Bharat Petroleum Corporation Limited for Assessment Years 2013-14 and 2014-15, holding that the Income Tax Department could…
July 6, 2025