2010 (9) TMI 1004 - HC - Income Tax

Summary

The Bombay High Court heard a case involving substantial questions of law related to reassessment action, tax liability on a deposit, and disallowance of brokerage and legal fees. The Tribunal's approval of reassessment action was questioned, along with the taxability of a deposit received from Spectrum and the confirmation of disallowance of brokerage and legal fees. The Respondent waived notice.