Supreme Court

  • Supreme Court

Encashment of BG of contractor against disputed damages claim not permitted unless adjudicated by Court -Supreme Court

Encashment of Bank Guarantee of contractor against disputed claim of damages not permitted unless adjudicated by Court of law in judicial…

8 years ago
  • Income Tax

Special Audit u/s 142(2A) Stay Period to be excluded for Limitation concluding Block Assessment u/s 158BE-Supreme Court

In a recent judgment, Supreme Court has upheld that special audit u/s 142(2A) was an integral step towards assessment proceedings and…

8 years ago
  • Income Tax

Tips collected by hotel from customers and distributed to employees not salary for the purpose of TDS u/s 192-Supreme Court

The Supreme Court in its recent judgment has held that tips collected by the hotel from customers and distributed to employees…

8 years ago
  • Income Tax

Exemption 10(23C)(iiiab)-Fee collection by Universities not Government funding because it is authorized under Act or fees rates fixed by Govt. Agencies-SC

Supreme Court in a latest judgment has held that Fees collection by Universities does not amount to Government funding for exemption…

8 years ago
  • huf

Joint family property distributed on intestacy principles under Section 8 of Hindu Succession Act ceases to be joint family property-Supreme Court

In a recent judgment Supreme Court has held that prior to 2005 amendment, after joint family property has been distributed…

8 years ago
  • Supreme Court

5 judge Bench of SC recalls its 2013 controversial judgment which quashed National Eligibility Entrance Test as unconstitutional

The Supreme Court recalls its judgment delivered on 28-07-2013 delivered by a three judge Bench which had quashed the National…

8 years ago
  • Income Tax

Stock Exchange transaction charges payment by members not for technical services requiring TDS u/s 194J -SC

In its latest judgment, the Supreme Court has held that the transaction charges paid to the Bombay Stock Exchange by its…

8 years ago