Category: Supreme Court
Payment to non-resident for consideration for resale/use of computer software through EULAs/distribution agreements not liable to TDS u/s 195 ABCAUS Case Law CitationABCAUS 3464 (2021) (03) SC Important case law relied referred:CIT vs. Samsung Electronics Co. Ltd. (2012) 345 ITR 494Transmission Corpn. of A.P. Ltd. v. CIT …
IBC is special statute, must prevail over Companies Act 2013. Section 7 IBC Petition maintainable post admission of winding up Petition – SC ABCAUS Case Law CitationABCAUS 3461 (2021) (03) SC Important case law relied referred:Action Ispat and Power Pvt. Ltd. vs Shyam Metalics and Energy Ltd. 2020 …
Supreme Court fixes banks liability on locker operation. Banks cannot wash off hands and claim no liability towards their customers–Supreme Court ABCAUS Case Law CitationABCAUS 3456 (2021) (02) SC Important case law relied referred:UCO Bank v. RG Srivastava 1996 (1) CPR 97Charan Singh v. Healing Touch Hospital & …
SC directs defreezing of bank account seized under PMLA to pay statutory dues due to non observance of procedure prescribed ABCAUS Case Law CitationABCAUS 3446 (2021) (02) SC Important case law relied referred:Chandra Kishor Jha vs. Mahavir Prasad and Ors. (1999) 8 SCC 266Mohinder Singh Gill & …
Plurality of transactions no condition to be classified as Casual Trader under Rajasthan Sales Tax Act – Supreme Court. Grammatical construction may be departed from to avoid anomaly – Supreme Court ABCAUS Case Law CitationABCAUS 3444 (2021) (01) SC Important case law relied referred:Tirath Singh vs. Bachittar Singh …
Deduction u/s 80P(2)(a)(i) allowable despite loans by co-operative societies to members not related to agriculture. ABCAUS Case Law CitationABCAUS 3440 (2021) (01) SC Important case law relied referred:Chirakkal Service Co-operative Bank Ltd. v. CIT (2016) 384 ITR 490 (Ker.)Perinthalmanna Service Co-operative Bank Ltd. v. ITO and Anr.(2014) 363 …
Levy of GST on lotteries not ultra vires to the Constitution, prize money not to be abated for determining value of taxable supply– Supreme Court ABCAUS Case Law CitationABCAUS 3427 (2020) (12) Important case law relied upon by the parties:Sunrise Associates Vs. Govt. of NCT of Delhi and …
Non striking of applicable limb of penalty clause u/s 271(1)(c) in notice-Supreme Court dismisses SLP of the Income Tax Department ABCAUS Case Law CitationABCAUS 3426 (2020) (11) Important case law relied upon by the parties:Commissioner of Income Tax v/s Shri Samson PerincheryPrincipal Commissioner of Income Tax v/s New …
CENVAT credit of service tax paid on transport of goods from place of removal to the buyer’s premises – Supreme Court admits SLP ABCAUS Case Law CitationABCAUS 3421 (2020) (11) Important case law relied upon by the parties:CCE vs Ispat Industries Ltd 2015 (324) ELT 670 (SC)CCE vs …
Registration of Project under RERA no bar to initiate proceedings under Consumer Protection Act. Its choice or discretion of the allottees ABCAUS Case Law CitationABCAUS 3418 (2020) (11) SC Important case law relied upon by the parties:Malay Kumar Ganguli vs. Dr. Sukumar MukherjeeSecretary, Thirumurugan Cooperative Agricultural Credit Society …