Judgments

  • Prevention of Money Laundering Act 2002

Attachment of Property under PMLA & bonafide third party claim – High Court explain the law

Attachment of Property under PMLA and bonafide third party claim – High Court explain the law and Prerequisites for a…

5 years ago
  • RBI

RBI Circular on revised framework for resolution of stressed assets declared ultra vires

Supreme Court declares RBI Circular on revised framework for resolution of stressed assets ultra vires . All cases proceeded declared…

5 years ago
  • ICAI

Non Members not “aggrieved person” so as to have right to challenge Disciplinary order of ICAI

Non Members not aggrieved person so as to have a right to challenge the Disciplinary order of ICAI. Supreme Court…

5 years ago
  • Income Tax

SC dismisses SLP of ITD against Radhika Roy, wife of NDTV founder Prannoy Roy 

Supreme Court dismisses SLP of Income Tax Department against Radhika Roy, wife of NDTV founder Prannoy Roy  ABCAUS Case Law…

5 years ago
  • Income Tax

Deduction u/s 80IB when assessee was not owner of the land – SC dismisses SLP of Department

Deduction u/s 80IB allowed when assessee was not owner of the land and undertook housing project at their own risk…

5 years ago
  • Excise/Custom

SCN issued for change in excise classification of goods barred by limitation being known to deptt.

The Show cause notice issued for change in excise classification of goods was barred by limitation, as it was intimated…

5 years ago
  • Income Tax

Interest cost for the period capital asset was held prior to sale not deductible u/s 48 – ITAT

Interest cost for the period for which capital asset was held by the assessee prior to sale not deductible u/s…

5 years ago
  • Law and Justice

Appointment of independent arbitrator by HC overlooking the contract procedure quashed by SC

High Court was not justified in appointing independent arbitrator without resorting to procedure for appointment of  arbitrator under the contract as agreed by the parties.- SC ABCAUS Case Law Citation:ABCAUS 2851 (2019)…

5 years ago
  • Income Tax

Make My Trip was not liable to deduct TDS on payment gateway charges paid to Banks – HC

Make My Trip was not liable to deduct TDS on gateway charges payments to Banks – High Court upheld ITAT…

5 years ago
  • Income Tax

Share application money in excess of authorized capital a valid reasons to issue reassessment notice

Share application money received vastly in excess of the authorized capital was valid reasons to issue reassessment notice u/s 148…

5 years ago