Supreme Court

  • Service Tax

Service tax can not be invoked if VAT liability paid towards same transaction – SC

Regime of service tax can not be invoked if assessee had regularly paid amount of VAT liability towards the same…

2 years ago
  • Limitation

Supreme Court excludes period from 15.03.2020 till 28.02.2022 for limitation purpose

Supreme Court excludes period from 15.03.2020 till 28.02.2022 for limitation purpose   In March, 2020, the Hon'ble Supreme Court had…

2 years ago
  • Income Tax

Prosecution for late deposit of TDS. For non-deposit, necessary consequences shall follow -SC

Prosecution for late deposit of TDS after 11 months. Once   there   was a non-deposit, necessary consequences shall follow including prosecution-…

2 years ago
  • bankruptcy

No modifications or withdrawals in approved Resolution Plans once submitted – Supreme Court

No modifications or withdrawals of CoC-approved Resolution Plans at behest of successful Resolution Applicant once plan submitted to Adjudicating Authority-…

3 years ago
  • GST

Formula for Refund of ITC u/s 89(5) is not ultra vires. Supreme Court

Formula for Refund of ITC u/s 89(5) is not ultra vires. Supreme Court urges GST Council to reconsider formula and…

3 years ago
  • Income Tax

Power to grant personal hearing under Faceless Appeal Scheme 2020- SC to decide

Power to grant personal hearing under Faceless Appeal Scheme 2020- Supreme Court to decide if discretion be limited to Chief…

3 years ago
  • Income Tax

Technology Upgradation Fund Subsidy received was capital receipt and not taxable

Technology Upgradation Fund Subsidy received was capital receipt and not taxable. Supreme Court dismisses the SLP of the Department In…

3 years ago
  • Income Tax

Debentures issued in lieu of interest liability allowable expenditure u/s 43B – Supreme Court

Debentures issued in lieu of interest liability allowable expenditure u/s 43B read with Explanation 3C - Supreme Court ABCAUS Case…

3 years ago
  • Income Tax

Cancellation of Registration u/s 12AA & 80G for bogus donations was right – Supreme Court

Cancellation of Registration of trust u/s 12AA and 80G for bogus donations was right. Entity misusing status conferred upon u/s…

3 years ago
  • SEBI

Supreme Court lays down guidelines for Compounding of Offences u/s 24 of SEBI Act

Supreme Court lays down guidelines for Compounding of Offences u/s 24 of SEBI Act by Securities Appellate Tribunal (SAT) and…

3 years ago