Supreme Court

  • Income Tax

Amendment to Section 153C by Finance Act 2015 applicable to searches done before 01.06.2015 – SC

Amendment to Section 153C vide Finance Act, 2015 applicable to searches conducted u/s 132 before 01.06.2015 - Supreme Court ABCAUS…

1 year ago
  • Bank

Borrower to be given opportunity of hearing before classifying their account as fraud – SC

Banks to offer opportunity of hearing to borrowers before classifying their account as fraud – Supreme Court ABCAUS Neutral Case…

1 year ago
  • Income Tax

Period of limitation for block assessment starts from the date of last Panchnama – SC

Period of limitation for block assessment u/s 158BC/158BE commences from the date of last Panchnama, not the date of last…

1 year ago
  • Income Tax

It is not necessary that assessment order should contain discussions to disclose satisfaction.

Validity of Notice u/s 148. It is not necessary that original assessment order should contain discussion to disclose satisfaction. ABCAUS…

1 year ago
  • Income Tax

Refund of amount wrongly transferred to an entry provider declined- SC dismisses SLP

Refund of amount wrongly transferred to an entry provider party whose bank account was attached by Income Tax Department declined-…

1 year ago
  • Income Tax

Contents of assessment order not decisive if reopening is change of opinion – SC

Manner and contents of assessment order framed not determinative whether or not reopening is a case of change of opinion…

1 year ago
  • Income Tax

Non searched persons liable to pay interest on late filing of return u/s 158BC – Supreme Court

Non searched persons liable to pay interest on late filing of return u/s 158BC even in absence of a notice…

1 year ago
  • contract-law

Party to contract can’t question amount of consideration after signing it – Supreme Court

A party to contract not entitled to question amount of consideration after signing the contract – Supreme Court ABCAUS Case…

1 year ago
  • Income Tax

SC amends section 10(26AAA), extends to all Sikkimese & women who marries non Sikkimese

Supreme Court amends section 10(26AAA) to extend exemptions to Sikkimese and women who marries non Sikkimese ABCAUS Case Law Citation…

1 year ago
  • Income Tax

Entrance fee received by Club capital receipt not revenue. SC dismissed SLP of Department

Entrance fee received by Club capital receipt not revenue. Supreme Court dismissed SLP of the Income Tax Department ABCAUS Case…

1 year ago