Supreme Court

  • bankruptcy

Limitation period for application for initiation of CIRP is three years from date of default

Limitation period for making application for initiation of CIRP is three years from date of default. IBC not a money…

4 years ago
  • Hindu-law

Daughters have coparcenary rights by birth even if father not alive on 9.9.2005

Daughters have coparcenary rights from birth even if father not alive on commencement of Hindu Hindu Succession (Amendment) Act 2005…

4 years ago
  • Income Tax

Deeming provision u/s 68 not apply if no sum received in money i.e. cash or cheque- SC dismissed SLP

Deeming provision of section 68 not apply if no sum is received in terms of any money, i.e., in cash…

4 years ago
  • Family Settlement

Memorandum of Family Settlement not required to be registered – Supreme Court

Memorandum of Family Settlement not required to be registered – Supreme Court. Read essentials ingredients of a Family Settlement ABACUS…

4 years ago
  • Income Tax

Liability of TDS u/s 194C(2) of Transporters for payments to trucks owners/operators. SC explains the Law

Liability of TDS u/s 194C(2) of Transporters for further payments to trucks owners/operators. Supreme Court explains the Law ABCAUS  Case…

4 years ago
  • FEMA

Proceeding against Company Director for FERA contravention – Necessary ingredients

Proceeding against Company Director for FERA contravention. Necessary ingredients are similar to section 141 of Negotiable Instrument Act - SC…

4 years ago
  • Income Tax

Non compete fee paid under deed of covenant held not taxable. Revenue can not guess commercial expediency

Non compete fee paid under deed of covenant held not taxable. Revenue has no business to second guess commercial or…

4 years ago
  • Income Tax

Project office used as auxiliary office for liaison not PE unless used for core business – SC

Project office used as auxiliary office for liaison not a PE unless core business is carried on therefrom - SC…

4 years ago
  • Companies Act

Question of right, title, interest is domain of civil court & cannot be decided by NCLT – SC

Question of right, title, interest is domain of civil court and cannot be decided by NCLT in proceedings u/s 241…

4 years ago
  • Income Tax

Non-rejection of explanation in Assessment Order amounts to AO accepting it

Non-rejection of explanation in Assessment Order amounts to AO accepting it hence no reopening on change of opinion. SC upholds…

4 years ago