sapphire foods
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Delhi High Court Quashes Reassessment — “Audit Objection Cannot Become a Review”; “Though the Final Assessment Order Was Silent, Detailed Queries and Replies Demonstrated Due Application of Mind”; Notice Under Sections 148A(d) & 148 Held Time-Barred Under First Proviso to Section 149

Court’s decision The Delhi High Court allowed the writ petition filed by Sapphire Foods India Ltd. and quashed the order passed under Section 148A(d) and the notice issued under Section…
tax
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Kerala High Court quashes Perinthalmanna Municipality’s property tax demands for non-compliance with statutory publication requirements under Kerala Municipality Act and Rules, reaffirms “no levy or collection of tax save by authority of law” while directing reassessment within six months

Court’s Decision The Kerala High Court dismissed a batch of writ appeals filed by the Perinthalmanna Municipality challenging a Single Judge’s order quashing property tax demand notices issued without following…
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…