Supreme Court: In Absence of Incriminating Material No Additions can be levied to Taxable Income The Supreme Court while adjudicating batch of appeals has observed that, in the case of...
Supreme Court: High Courts are not Precluded from Considering ITAT’s Determination of Arm’s Length Price under Section 260A of Income Tax Act, 1961 The Supreme Court in a significant ruling has held...
Supreme Court: SLP on Constitutional Validity of GST On Lease/Rent Payments to be heard after Disposal of the Matter Pending 9 judges Constitution Bench The Supreme Court has clarified that the...
Supreme Court: Question of Mens Rea Not to be Considered when Levying Penalties Under Section 45 of the Gujarat Sales Tax Act, 1969 The Supreme Court while considering an appeal filed against...
Supreme Court validates Orissa High Court ruling quashing land acquisition for Vedanta University The verdict came in an appeal by Anil Agarwal Foundation, the beneficiary for whom the area was...
Supreme Court: Profit Earned from DEPB / Duty Drawback Schemes is not elgibile for Deduction under Section 80-IB of Income Tax Act The Supreme Court by its coram compisring of Justices M.R. Shah and...
Supreme Court Upholds Levy of Service Tax on Engineering Design & Drawings: Same Activity can be Taxed as ‘Goods & Services’ The Supreme Court has held that the import of “Engineering Design...
Supreme Court: No Penalty Leviable on Belated Remittance of TDS after Deduction under Section 271C of Income Tax Act The Supreme Court by its division bench of Justices M.R. Shah and C.T. Ravikumar...
Supreme Court: Under Section 263 of Income Tax Act, CIT has Revision Powers Over Erroneous Order Issued by AO Causing Prejudice to Revenue The Supreme Court by its division bench of Justices M.R....
Citing mistake, Supreme Court recalls money disbursing order in Unitech case Notes the amount was handed out to the two individuals solely on the basis of the Justice Dhingra Committee report ...
Supreme Court: Panchnama Last Drawn Date is the Starting Point of Limitation of Two Years for Completing Block Assessment Under Income Tax Act The Supreme Court by its coram comprising of Justices...
Supreme Court: Writ Petition Under Article 226 for Recovery of Money Ought Not to be Entertained when Petitioners have Availed Civil Remedy The Supreme Court ruled that writ petitions filed for...
