Category: Supreme Court
Sales Tax liability on free replacement of defective parts in motor vehicles during warranty period. Matter to be decided by Larger Bench of SC ABCAUS Case Law Citation: ABCAUS 2773 (2019) (02) SC Important Case Laws Cited/relied upon by the parties Mohd. Ekram Khan & Sons v. Commissioner …
High Court erred in holding that one bogus donation would not establish that activities of trust not genuine – Supreme Court ABCAUS Case Law Citation: ABCAUS 2765 (2019) (02) SC The Commissioner of Income tax (Exemptions) was aggrieved by the Order passed by the High Court in quashing …
No arrest for non payment of service tax without show cause notice – Supreme Court upholds Delhi High Court Judgment ABCAUS Case Law Citation:ABCAUS 2763 (2019) (01) SC The Delhi High Court had quashed the arrest for non payment of service tax without show cause notice. The High …
Members of suspended Board of Directors of corporate debtor entitled to insolvency resolution plans presented at COC meetings under Section 25(2)(i) – SC ABCAUS Case Law Citation: ABCAUS 2762 (2019) (01) SC The Petitioner was aggriebed by the order of the Appellate Tribunal rejecting the prayer for directions …
Supreme Court new pattern of case listing from 04.02.2019 for quick listing of fresh matters, publication of final cause list The revised norms as per circular issued are as under: (a) fresh matters verified on Friday in the post lunch session, Saturday, Monday and Tuesday in the …
Depreciation to be computed only on sum insured in the absence of fraud, coercion or misrepresentation. Parties in insurance contract bound by sum insured – SC In an important judgment, the Hon’ble Apex Court has held that Depreciation to be computed only on sum insured in the absence of …
Appellate forum for appeals against order u/s 51 of FERA whether filed prior or after 01.06.2000 is Appellate Tribunal under FEMA – SC ABCAUS Case Law Citation:ABCAUS 2759 (2019) (01) SC The Foreign Exchange Regulation Act, 1973 (FERA) was repealed with effect from 01.06.2000 and replaced by Foreign Exchange Management Act, 1999 (FEMA). The issue involved in this case was …
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 …
