Category: Supreme Court
SC upheld that merely producing audit objection in order u/s 148A(d) ignoring reply of assessee is non application of mind In a recent judgment, the Hon’ble Supreme Court upheld the judgment of Gujarat High Court in holding that merely producing of audit objection in the order under Section …
In an insurance claim if it is established that damage was caused by fire, then reasons by which the fire took place becomes irrelevant. In a recent judgment, Hon’ble Supreme Court has held that in an insurance claim if damage is caused by fire, then the reason by …
Section 44C applies to exclusive expenditure on head office for the Indian branches incurred by non resident assessee’s. In a recent judgment, Hon’ble Supreme Court has held that Section 44C of Income Tax Act is not limited to mere common expenditure incurred by the head office attributable to …
Compensation under motor vehicle Act to parents of child died attract a less multiplier than from that of a claim filed by a disabled child. In a recent judgment, Hon’ble Supreme Court has held that compensation under motor vehicle Act by parents of child died would definitely attract …
Liability under the Motor Vehicles Act can’t be decided on the grounds of sympathy alone but must be established by credible evidence – SC In a recent judgment, Hon’ble Supreme Court has stated that the principles of law cannot be set aside on the grounds of sympathy alone. …
Even if a receipt is classified as Business Income u/s 28, it does not automatically qualify for the special deduction u/s 36(1)(viii) unless it is derived from the specific activity of long-term finance. In a recent judgment, Hon’ble Supreme Court has held that under section 36(1)(viii) of the …
Depreciation on goodwill in the hands of amalgamated company upheld as Assessing Officer had taken a plausible view in line with supreme court judgment. In a recent judgment, Hon’ble Supreme Court has dismissed the appeal of the Revenue against the judgment of Gujarat High Court upholding depreciation on …
Whether a prohibited claim in a contract applies only to the employer and not to the Arbitral Tribunal – Matter to be decided by larger bench of Supreme Court In a recent judgment, the Hon’ble Supreme Court has held that in Bharat Drilling case is not an authority …
Where a contractual employee is terminated on the sole ground of ineligibility, the Court is entitled to examine its correctness – SC In a recent judgment, Hon’ble Supreme Court has held that where a contractual employee is terminated on the sole ground of ineligibility, the Court is entitled …
Upon deceased acquiring family, GPF nomination in favour of mother became invalid and in absence of fresh nomination, mother and spouse had equal claim – SC In a recent judgment, the Hon’ble Supreme Court has held that upon the deceased acquiring family his earlier GPF nomination in favour …
