Supreme Court

  • Income Tax

CBDT cannot issue circular with retrospective effect-Supreme Court

CBDT cannot issue circular with retrospective effect-Supreme Court. Revised monetary limits for appeals to apply prospectively. CBDT vide Instruction No.…

7 years ago
  • Income Tax

Supreme Court explains scope and interpretation of Section 44BB of the Income Tax Act 1961

Supreme Court explains scope and interpretation of Section 44BB of the Income Tax Act 1961. Provisions of Sections 5 and…

7 years ago
  • Income Tax

Mere outsourcing business to Indian subsidiary do not constitute Permanent Establishment -SC

Mere outsourcing business to Indian subsidiary do not constitute Permanent Establishment within the meaning of Double Taxation Avoidance Agreement - Supreme…

7 years ago
  • Income Tax

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…

7 years ago
  • Income Tax

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…

7 years ago
  • EPFO

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

Proceeding u/s 7A of the Employees Provident Funds and Miscellaneous Provisions Act, 1952 are deemed judicial proceeding within the meaning…

7 years ago
  • SEBI

Front running prohibited practice under SEBI Regulations -Supreme Court

Front running prohibited practice under SEBI Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market Regulations 2003-Supreme Court…

7 years ago
  • Sales Tax

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

Exercise of sales tax revisional power after repeal of Act unsustainable-SC. If new Act manifests different intention General Clauses Act…

7 years ago
  • Supreme Court

Acting beyond authority constitutes a misconduct – Supreme Court

Acting beyond authority constitutes a misconduct. Dereliction in discharge of duties whether by negligence or deliberate intention or with casualness…

7 years ago
  • Supreme Court

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

Every Hindu family is legally presumed to be joint in food worship and estate as per settled principle of Hindu…

7 years ago