Judgments

  • Sales Tax

“Total turnover” under KST Act not refer to taxable  turnover for levy of turnover tax – SC

Total turnover u/s 6B(1) of Karnataka Sales Tax Act does not mean taxable turnover for levy of turnover tax – Supreme Court ABCAUS Case Law Citation:ABCAUS…

5 years ago
  • Excise/Custom

Entity exempt from excise duty not liable to pay NCCD, Education/ SHE Cess – Supreme Court

Entity exempt from excise duty not liable to pay NCCD, Education Cess and Secondary & Higher Education Cess – Supreme…

5 years ago
  • Companies Act

SIFO investigation not ends after expiry of period prescribed for submission of report

SIFO investigation does not come to an end even after expiry of period within which a report has to be…

5 years ago
  • EPFO

Excluded employee under EPF Act/Scheme 1952-Supreme Court explains the Law

Excluded employee under EPF Act/Scheme 1952-Supreme Court explains that employee who withdraw accumulations from GPF/ other Funds not covered in…

5 years ago
  • VAT

Mobile Crane Wire Rope fall in entry 155 under Rajasthan VAT being essential part of Mobile Crane–SC

Mobile Crane Wire Rope an essential part of Mobile Crane and therefore, taxable at the rates prescribed for the Mobile…

5 years ago
  • Income Tax

Compensation paid to flat allottees for surrendering rights allowed as business expenditure

Compensation made to the flat allottees for surrendering rights allowed as business expenditure of the assessee in view of Completed…

5 years ago
  • Income Tax

Lack of full disclosure in Form 10 of accumulation u/s 11(2) not fatal- SC dismisses SLP of Revenue

Lack of full declaration in Form 10 of accumulation u/s 11(2) by itself would not be fatal to the claim.…

5 years ago
  • Income Tax

Issue of notice u/s 143(2) on the same day, return was filed made entire assessment illegal

Issue of notice u/s 143(2) on the same day return was filed made the entire assessment illegal for being non…

5 years ago
  • Income Tax

Mere agreeing to increased net profit rate by itself no ground for penalty u/s 271(1)(c)

Mere agreeing to increased net profit rate, by itself was no ground to levy penalty u/s 271(1)(c) when it was…

5 years ago
  • bankruptcy

Pendency of criminal proceedings u/s 498A of IPC makes a person not fit and proper to become IP

Pendency of criminal proceedings u/s 498A of IPC makes a person not fit and proper to become an Insolvency Professional.…

5 years ago