Supreme Court

  • Income Tax

Mere affidavits of typo-error by typist/CA not enough as assessee maintained duplicate accounts

Mere affidavits of typographical error by typist & CA in Audit Report not enough when assessee was found to maintain…

12 months ago
  • Companies Act

Section 327(7) of Companies Act 2013 not violative of Article 21 of the Constitution – SC

Section 327(7) of the Companies Act, 2013 not arbitrary / violative of Article 21 of the Constitution of India –…

12 months ago
  • Supreme Court

Supreme Court publishes list of proposed neutral citation numbers from 01.01.2014 to 31.03.2023 

Supreme Court publishes list of proposed neutral citation numbers from 01.01.2014 to 31.03.2023  The Supreme Court of India has published a…

1 year ago
  • Income Tax

Loss for purpose prohibited or offence not deductible irrespective of legality of business

Loss incurred for any purpose which is an offence or which is prohibited by law is not deductible irrespective of…

1 year ago
  • Income Tax

No additions u/s 153A in absence of incriminating material – Supreme Court judgment

No additions can be made u/s 153A for completed/unabated assessments in absence of any incriminating material found during search u/s…

1 year ago
  • Supreme Court

Supreme Court Advocates-on-Record Exam to be held on 12th, 13th, 14th and 15th June, 2023

Next Examination for the Supreme Court Advocates-on-Record will be held at New Delhi on 12th, 13th, 14th and 15th June,…

1 year ago
  • Income Tax

Arm’s length price determined by ITAT not final and is appealable u/s 260A – SC

There is no absolute proposition of law that arm’s length price determined by ITAT is final and cannot be subjected…

1 year ago
  • Income Tax

No Penalty leviable u/s 271C on mere delay in remittance of TDS after deduction – Supreme Court

No Penalty leviable u/s 271C on mere delay in remittance/deposit of the TDS after deduction subject to provisions of Section…

1 year ago
  • Income Tax

Sale of Agricultural land converted into commercial non taxable if operations continued

Sale of Agricultural land converted into commercial land held non taxable as agricultural operations were continued – SC dismisses SLP…

1 year ago
  • Income Tax

Arbitration award paid by sale of property not cost of improvement – Supreme Court

Arbitration award paid by sale of property not cost of improvement – Supreme Court holds assessment order as erroneous and…

1 year ago