Category: Supreme Court
ICSI can not charge fee higher than prescribed under RTI Rules to supply certified copy of answer sheet where application made under RTI Act – Supreme Court ABCAUS Case Law Citation: ABCAUS 2894 (2019) (04) SC The instant appeal was filed by the Institute of Companies Secretaries of …
Order passed by the Tribunal in remand proceedings during pendency of SLP-Remedy available was filing ITA before High Court ABCAUS Case Law Citation: ABCAUS 2892 (2019) (04) SC In the instant case, the Hon’ble High Court had remanded the case to the Tribunal on the issue of deduction …
Custom valuation rules for imported goods operate sequentially-Supreme Court. Once statutory Rules exist and provide for sequential implementation, the assessing authority has no option but to proceed accordingly. ABCAUS Case Law Citation: ABCAUS 2888 (2019) (04) SC Important Case Laws Cited/relied upon by the parties Collector of Customs, …
Rule 8D can not be applied without giving reasons. Unless AO rejects explanation of the assessee with some reasoning, mere rejection per se not accepted – Supreme Court rejects Revenue’s SLP ABCAUS Case Law Citation: ABCAUS 2873 (2019) (04) SC Important Case Laws Cited/relied upon by the parties …
Merely giving financial assistance by father to sons to purchase properties it could not be said to benami transaction – SC ABCAUS Case Law Citation: ABCAUS 2872 (2019) (04) SC Important Case Laws Cited/relied upon by the parties Thakur Bhim Singh v. Thakur Kan Singh (1980) 3 SCC 72 Binapani Paul v. …
Retraction from the surrender without having evidence or proof not permissible in the eyes of law. Supreme Court quashed SLP of the assessee ABCAUS Case Law Citation: ABCAUS 2871 (2019) (04) SC Important Case Laws Cited/relied upon by the parties CIT, Bikaner Vs. Ravi Mathur CIT Vs. Sunil …
Dharmada collected as optional payment by buyer not part of transaction value for the sale of goods –Supreme Court quashes CESTAT Order ABCAUS Case Law Citation: ABCAUS 2869 (2019) (04) SC Important Case Laws Cited/relied upon by the parties Collector vs. Panchmukhi Engineering Works 2003 (158) ELT 550 …
Validity of notice u/s 148 where assessment was made u/s 143(1)- Supreme Court quashed High Court order that no substantial question of law arises ABCAUS Case Law Citation: ABCAUS 2868 (2019) (04) SC The respondent Assessee had filed its return of income for the AY in question declaring the taxable income …
AO had inherent powers u/s 142(2C) to suo moto extend time for submission of special audit report directed u/s 142(2A), without an application by assessee – SC ABCAUS Case Law Citation: ABCAUS 2860 (2019) (04) SC Important Case Laws Cited/relied upon by the parties Sahara India v Commissioner …
Supreme Court declares RBI Circular on revised framework for resolution of stressed assets ultra vires . All cases proceeded declared to be non-est ABCAUS Case Law Citation:ABCAUS 2857 (2019) (04) SC Important Case Laws Cited/relied upon by the parties RBI by Notification/circular dated 12.02.2018 had promulgated a revised …
