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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

RawlawJuly 6, 20255 min read
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Bombay High Court Dismisses Section 34 Challenge to Arbitral Award: “Jurisdiction Cannot Be Reopened After Full Participation – Once the Tribunal has considered the issue of jurisdiction and passed a reasoned order, the same cannot be reopened under the guise of challenge under Section 34

RawlawJune 21, 20255 min read
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