Supreme Court Archive

Deemed Dividend u/s 2(22)(e) do not extend to non-shareholders-Supreme Court agrees with High Court

Deemed Dividend u/s 2(22)(e) do not extend to non-shareholders. The fiction not to be extended further for broadening the concept of shareholders – Supreme Court agrees with High Court ABCAUS Case Law Citation: ABCAUS 2099 (2017) (10) SC  Deemed Dividend u/s 2(22)(e) do not extend to non-shareholders In a

 

Supreme Court explains concept of JDA and tax liability us 2(47), Section 45 and 48

Supreme Court explains the concept of income tax on Joint development agreement and applicability u/s 2(47) and section 45 and 48 where the JDA was not registered and was abandoned   ABCAUS Case Law Citation: ABCAUS 2093 (2017) (10) SC Important Case Laws Cited/relied upon by the parties: Commissioner of

 

Proceeding u/s 7A of EPF Act are deemed judicial proceeding -Supreme Court

Author: | Categories: EPFO, Judgments, Supreme Court No comments
Proceeding u/s 7A of the Employees Provident Funds and Miscellaneous Provisions Act, 1952 are deemed judicial proceeding within the meaning of Sections 193 and 228 IPC -Supreme Court   ABCAUS Case Law Citation: ABCAUS 2083 (2017) (09) SC The Substantial Question of Law framed/urged for determination: Whether complaint under

 

Front running prohibited practice under SEBI Regulations -Supreme Court

Author: | Categories: Judgments, SEBI, Supreme Court No comments
Front running prohibited practice under SEBI Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market Regulations 2003-Supreme Court ABCAUS Case Law Citation: ABCAUS 2079 (2017) (09) SC The Substantial Question of Law framed/urged for determination: Whether ‘front running by non-intermediary’ is a prohibited practice under regulations 3

 

Exercise of sales tax revisional power after repeal of Act was unsustainable-Supreme Court

Author: | Categories: Judgments, Sales Tax, Supreme Court No comments
Exercise of sales tax revisional power after repeal of Act unsustainable-SC. If new Act manifests different intention General Clauses Act stands excluded.    ABCAUS Case Law Citation: ABCAUS 2073 (2017) (09) SC The Substantial Question of Law framed/urged for determination: A common question of law in the present batch

 

Acting beyond authority constitutes a misconduct – Supreme Court

Author: | Categories: Judgments, Supreme Court No comments
Acting beyond authority constitutes a misconduct. Dereliction in discharge of duties whether by negligence or deliberate intention or with casualness constitutes misconduct on the part of such employee/officer.  ABCAUS Case Law Citation: ABCAUS 2068 (2017) (09) SC The Substantial Question of Law framed/urged for determination: Whether the charges leveled

 

Every Hindu family is legally presumed to be joint in food worship and estate – SC

Author: | Categories: Judgments, Supreme Court No comments
Every Hindu family is legally presumed to be joint in food worship and estate as per settled principle of Hindu law – Supreme Court ABCAUS Case Law Citation: ABCAUS 2062 (2017) (09) SC The Issue: The sole dispute was between the members of one Hindu family, i.e., uncle, aunt