Category: Supreme Court
DRT has jurisdiction to entertain appeal us 17 of SRFAESI Act even if the amount involved is less than Rs. 10 lakh. ABCAUS Case Law Citation: 1049 (2016) (11) SC Important Case Laws Cited: Mardia Chemicals Ltd. and others v. Union of India and others 2004(4) SCC 311 …
Public offer made under SEBI takeover regulations cannot be withdrawn. Mere Delay by SEBI, alienation of assets by Board no ground for withdrawal-Supreme Court ABCAUS Case Law Citation: 1048 (2016) (11) SC The Grievance: This appeal was preferred under Section 15 Z of the Securities and Exchange Board …
Concurrent running of sentence us 138 Negotiable Instrument Act 1988 in two cheque dishonour complaint cases. Court empowered with discretion u/s 427 of CPC -Supreme Court ABCAUS Case Law Citation: 1044 (2016) (10) SC Important Case Law Cited: V.K. Bansal vs. State of Haryana and Another (2013) 7 …
Concessional trade tax rate against Form III-B Penalty leviable u/s 4B(6) not u/s 3B of the U. P. Trade Tax Act for failure to sell the goods within the State, export them or sell them in the course of inter-State trade or commerce-SCÂ Â ABCAUS Case Law Citation: 1043 …
Polished granite slab used on floor is not tile under Karnataka Sales Tax Act Entry 8. that there is a distinction between polished granite stone or slabs and tiles-Supreme Court ABCAUS Case Law Citation: 1038 (2016) (10) SC Important Case Law Referred: M/s. Vishwakarma Granites v. Commissioner of …
Expenses on issue of shares eligible deduction us 35D. Deduction for payment of bonus to employees eligible u/s 36 and section 43B or 40A(9) does not come into play-Supreme Court ABCAUS Case Law Citation: 1029 (2016) (10) SC Assessment Year: 2001-02 Questions of Law framed: Whether expenditure incurred on …
Supreme Court stays Delhi HC judgment on Service Tax Audit by Departmental Officer or CAG The Supreme Court has stayed the judgment/decision of the Delhi High Court in the case of Mega Cabs Private Limited. In the said judgment, the Delhi High Court had declared ultra vires and struck down that …
No contempt of Court for direction to do something impossible. The Supreme Court deplores High Court in holding appellant guilty and imposing sentence. ABCAUS Case Law Citation: 1019 (2016) (09) SC Brief Facts of the Case: In the instant case, the appellant was held guilty of contempt of Court by …
Work assigned to sub-contractors or payments made to them not part of total turnover us 6B of the Karnataka Sales Tax Act 1957 – Supreme Court ABCAUS Case Law Citation: 1009 2016 (09) SC Important Judgments Cited: State of Andhra Pradesh & Ors. v. Larsen & Toubro Limited …
Excise duty refund for trade-turnover discounts not allowable unless duty passed on to the ultimate consumer  else it would result in unjust enrichment – Supreme Court ABCAUS Case Law Citation: 1004 2016 (08) SC Important Judgments cited: Mafatlal Industries Ltd. and Others Vs. Union of India And Ors., (1997) …
