Category: Supreme Court
Winding up Petition after secured creditor obtained decree from DRT and recovery certificate issued upheld by the Supreme Court ABCAUS Case Law Citation: ABCAUS 2758 (2019) (01) SC Important Case Laws Cited/relied upon by the parties Allahabad Bank v. Canara Bank, (2000) 4 SCC 406 Amalgamated Commercial Traders …
Carry forward of unabsorbed depreciation beyond 8 years for periods prior to amendment to section 32(2)- SC dismisses SLP of the ITD ABCAUS Case Law Citation: ABCAUS 2746 (2019) (01) SC The Hon’ble Supreme Court has dismissed the Special Leave Petition (SLP) of the Income Tax Department against …
Reopening for verification of purchases from hawala dealer-Supreme Court dismisses SLP of the Department challenging dismissal of appeal by High Court ABCAUS Case Law Citation:ABCAUS 2745 (2019) (01) SC The Hon’ble Supreme Court has dismissed the Special Leave Petition (SLP) of the Income Tax Department against the decision …
Supreme Court upheld Constitutional Validity of various provisions of the Insolvency and Bankruptcy Code, 2016 ABCAUS Case Law Citation: ABCAUS 2744 (2019) (01) SC Important Case Laws Cited/relied upon: Madras Bar Association v. Union of India, (2015) 8 SCC 583 The Petitioners had challenged the constitutional validity of …
Supreme Court stays arrest of petitioner under GST Act, directs release on bail in the event of arrest ABCAUS Case Law Citation: ABCAUS 2741 (2019) (01) SC The Hon’ble Supreme Court has stayed the arrest of the petitioner under GST Act on the condition that he appears before …
Acceptance of loans by passing journal entries in books of accounts not in violation of section 269SS hence no penalty u/s 271D imposable – SC dismisses SLP of ITD ABCAUS Case Law Citation: ABCAUS 2735 (2019) (01) SC Important Case Laws Cited/relied upon: Commissioner of Income Tax Vs. Triumph International Finance (I) Ltd. Premier Breweries Ltd. Vs. Commissioner of Income Tax, 372 ITR 180. Commissioner of Income Tax Vs. Noida Toll Bridge Co. Ltd. 262 ITR 260 Sunflower Builders Vs. Dy.CIT, 1997 (61) ITD (Pune) 227, Asst.CIT …
When ITAT inspected documents furnished in response to show-cause notice u/s 263 and found transactions not bogus, no interference was called. Supreme Court dismissed SLP of the Revenue ABCAUS Case Law Citation: ABCAUS 2729 (2019) (01) SC Important Case Laws Cited/relied upon: The Revenue had filed an Income …
Refund of service tax to flat owners-SLP admitted against recent judgment of Delhi High Court directing Commissioner to make refund within 4 months ABCAUS Case Law Citation: ABCAUS 2720 (2019) (01) SC The Hon’ble Delhi High Court, in 2016, had declared Section 65(105)(zzzh) of the Finance Act 1994 …
Gypsum board is covered in amended Entry 56 Schedule IV of RVAT, read as ‘gypsum in all its forms’-Supreme Court ABCAUS Case Law Citation: ABCAUS 2704 (2019) (01) SC Important Case Laws Cited/relied upon: Commissioner of Sales Tax, Mumbai v. India Gypsum Ltd. Trutuf Safety Glass Industries v. …
Higher Court cannot stay /quash orders in anticipation of being passed by an appellate authority. Supreme Court quashes High Court direction ABCAUS Case Law Citation:ABCAUS 2702 (2019) (01) SC Important Case Laws Cited/relied upon:Awani Kumar Upadhyay vs. High Court of Judicature of Allahabad & Ors., (2013) 12 SCC 392 An FIR was registered by the State Excise Department …