Category: Supreme Court
Re-assessment of Sonia/Rahul Gandhi in connection with Young Indian share allotment to be completed within limitation period but order not to be given effect till next hearing – Supreme Court. The Division Bench has adjourned the hearing to 08.01.2019 as the as the Bench was not sitting in the …
No restriction on Courts to award compensation exceeding claimed amount. The compensation under Motor Vehicles Act, 1988 has to be just – Supreme Court ABCAUS Case Law Citation:ABCAUS 2656 (2018) (11) SC Important Case Laws Cited/relied upon:Nagappa v. Gurudayal Singh (2003) 2 SCC 274Magma General Insurance v. Nanu Ram (2018) SCC Online SC 1546Ibrahim v. Raju (2011) 10 SCC 634 The claimants in the instant appeal had sought further enhancement of compensation awarded by the High …
Mentioning “decentralization of cases” not sufficient Reason for transfer of cases u/s 127 –Supreme Court dismissed SLP of Income Tax Department ABCAUS Case Law Citation: ABCAUS 2649 (2018) (11) SC The Hon’ble Supreme Court has dismissed the Special Leave Petition ( SLP ) of the Income Tax Department …
Disallowance u/s 14A can not exceed exempt income – Supreme Court dismisses SLP of the Department against the judgment of Delhi High Court ABCAUS Case Law Citation: ABCAUS 2639 (2018) (11) SC Important Case Laws Cited/relied upon: Commissioner of Income Tax v. Joint Investment Pvt. Ltd. 372 ITR …
ITAT jurisdiction to consider rectification application is extremely limited. Supreme Court dismisses SLP of the Petitioner ABCAUS Case Law Citation: ABCAUS 2624 (2018) (11) SC Earlier, the petitioner had approached High Court against the order of the Income Tax Appellate Tribunal (ITAT) in declining to rectify its previous …
Not striking off penalty notice SC dismisses assessee’s SLP against High Court order holding that it had caused no prejudice to the assessee ABCAUS Case Law Citation: ABCAUS 2597 (2018) (10) SC Important Case Laws Cited/relied upon: Commissioner of Income Tax Vs. Jindal Equipments Leasing and Consultancy Services …
Supreme Court bans Bharat Stage-IV compliant vehicle’s sale or registration in India from 01.04.2020. Only BS-VI compliant vehicles to be sold after cut of date ABCAUS Case Law Citation: ABCAUS 2590 (2018) (10) SC In 2003, the Government of India had announced the National Auto Policy based on the recommendations of the Mashelkar Committee constituted in 2001. BS-IV compliant vehicles were made compulsory for four …
Supreme Court bans fire crackers except green crackers or crackers with reduced emission. Joined firecrackers, series crackers or laris also banned. e-commerce websites, including Flipkart, Amazon etc., also banned from online sales ABCAUS Case Law Citation: ABCAUS 2587 (2018) (10) SC The judgment was made in a Writ Petition …
Urban Improvement Trust constituted under the Rajasthan Urban Improvement Act, 1959 not a Municipal Committee hence not exempted u/s 10(20) of the Income Tax Act, 1961 – SC ABCAUS Case Law Citation: ABCAUS 2585 (2018) (10) SC Important Case Laws Cited/relied upon by the parties: New Okhla Industrial …
Limitation Act applicable to IBC 2016 from its inception for CRIP applications filed under Sections 7 and 9 – Supreme Court ABCAUS Case Law Citation: ABCAUS 2569 (2018) (10) SC The present case laws deals with Section 238A of the Insolvency and Bankruptcy Code, 2016 (Code), which was inserted …
