Supreme Court

  • Government

No encashment of Indira Vikas Patra purchased in cash and lost – Supreme Court

Indira Vikas Patra purchased in cash and lost then Post office rightly refused to encash Certificates as identity of initial…

4 years ago
  • Income Tax

Reversal of earlier order by ITAT based on judgment of non jurisdictional HC – SLP dismissed

Reversal of earlier order  by ITAT based on judgment of non jurisdictional High Court. Question kept open though SLP dismissed…

4 years ago
  • Income Tax

Foreign exchange forward contract incidental to export business held not speculative activity

Foreign exchange forward contract incidental to export business to cover up losses due to foreign exchange rate variation not speculative…

4 years ago
  • Supreme Court

Cheque not filled though signed by drawer no defence in trial of offence u/s 138 of NI Act

Cheque not filled though signed by drawer no defence in trial of offence u/s 138 of NI Act. Accused must…

4 years ago
  • GST

Opening GST Portal to allow filing/Revision of TRAN-1. Supreme Court dismisses SLP of Govt.

Opening GST Portal to allow filing/Revision of TRAN-1. Supreme Court dismisses SLP of the Government against order of Punjab &…

4 years ago
  • Income Tax

Denial of Registration 12AA for not spending income by trust. CIT to consider issue u/s 12AA(3) – SC

Denial of Registration 12AA for not spending income by trust. CIT to consider issue u/s 12AA(3) if the facts justify…

4 years ago
  • Income Tax

Registration u/s 12AA can not be denied for non-commencement of activities – Supreme Court

Registration u/s 12AA can not be denied for non-commencement of activities. Registration can be applied for by a new trust.…

4 years ago
  • Income Tax

Non striking of limb of penalty u/s 271(1)(c). Appeal to be restored on favourable judgment by SC

Non striking of applicable limb of penalty u/s 271(1)(c) in notice. ITAT permits restoration of appeal if issue is decided…

4 years ago
  • Income Tax

Godown used for storage of explosives qualifies for exemption u/s 54G

Godown used for storage of explosives qualifies for exemption u/s 54G being a place used for purpose of business of…

4 years ago
  • GST

No penal action on filing of belated GSTR-9/GSTR-9C returns-SC declines to interfere Rajasthan HC Judgment

No penal action on filing of belated GSTR-9/GSTR-9C returns-SC declines to interfere Rajasthan High Court Judgment In a recent judgment,…

4 years ago