Supreme Court

  • bankruptcy

If part amount of auctioned property received by bank after CIRP started, sale incomplete – SC  

Since part amount of the auctioned property was received by bank after start of CIRP, and order of moratorium, the…

2 years ago
  • negotiable instrument act

SC explains law of conviction u/s 138 of NI Act of authorised signatories/guarantors

Supreme Court explains law of conviction u/s 138 of NI Act on authorised signatories of firm/companies. civil liability vs Vicarious…

2 years ago
  • Service Tax

Krishi Upaj Mandi Samiti liable to service tax on renting of immovable property prior to Negative List Regime

Krishi Upaj Mandi Samiti liable to service tax on renting of immovable property prior to Negative List Regime. These activities…

2 years ago
  • Income Tax

Supreme Court uphold quashing of reassessment notice issued beyond four years

Supreme Court uphold quashing of reassessment notice issued beyond four years without failure of assessee to disclose fully & truly…

2 years ago
  • Service Tax

Service tax can not be invoked if VAT liability paid towards same transaction – SC

Regime of service tax can not be invoked if assessee had regularly paid amount of VAT liability towards the same…

2 years ago
  • Limitation

Supreme Court excludes period from 15.03.2020 till 28.02.2022 for limitation purpose

Supreme Court excludes period from 15.03.2020 till 28.02.2022 for limitation purpose   In March, 2020, the Hon'ble Supreme Court had…

3 years ago
  • Income Tax

Prosecution for late deposit of TDS. For non-deposit, necessary consequences shall follow -SC

Prosecution for late deposit of TDS after 11 months. Once   there   was a non-deposit, necessary consequences shall follow including prosecution-…

3 years ago
  • bankruptcy

No modifications or withdrawals in approved Resolution Plans once submitted – Supreme Court

No modifications or withdrawals of CoC-approved Resolution Plans at behest of successful Resolution Applicant once plan submitted to Adjudicating Authority-…

3 years ago
  • GST

Formula for Refund of ITC u/s 89(5) is not ultra vires. Supreme Court

Formula for Refund of ITC u/s 89(5) is not ultra vires. Supreme Court urges GST Council to reconsider formula and…

3 years ago
  • Income Tax

Power to grant personal hearing under Faceless Appeal Scheme 2020- SC to decide

Power to grant personal hearing under Faceless Appeal Scheme 2020- Supreme Court to decide if discretion be limited to Chief…

3 years ago