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Supreme Court of India

SC Upholds CA Rule on Referring Misconduct to Disciplinary Committee

February 10, 2024 1737 Views 0 comment Print

Naresh Chandra Agrawal Vs Institute of Chartered Accountants of India And Others (Supreme Court of India) In a landmark judgment, the Supreme Court of India delivered a significant ruling in the case of Naresh Chandra Agrawal vs. Institute of Chartered Accountants of India (ICAI) and Others. This case brought into focus the legal and ethical […]

SC upholds order quashing section 148 notice issued after time lapse of 16 years

February 9, 2024 1143 Views 0 comment Print

Supreme Court dismisses SLP challenging Delhi HC’s order quashing notice issued under section 148 of Income Tax Act after 16 years, citing low tax effect.

Interest entitled if duty drawback not paid within 3 months from date of filing of claim: Supreme Court

February 8, 2024 939 Views 0 comment Print

Supreme Court held that where duty drawback is not paid within a period of three months from the date of filing of claim, the claimant would be entitled to interest in addition to the amount of drawback.

Supreme Court Dismisses Service Tax Appeal: Low Tax Effect

February 8, 2024 885 Views 0 comment Print

Read about the Supreme Court’s dismissal of Service Tax Appeal due to low tax effect, citing Circular No. 17 of 2019. Insights on Commissioner of Customs And Central Excise vs P And C Constructions Pvt. Ltd.

SC Quashes Additional Deposit Requirement in Tax Evasion Case

February 3, 2024 2400 Views 0 comment Print

In a landmark judgment, the Supreme Court cancels the condition of an extra deposit for stay continuation in Sambhu Prasad Agarwal’s tax evasion case. Full analysis here.

Transportation of goods After expiry of E Way bill: SC reduces penalty to 50%

February 2, 2024 27954 Views 1 comment Print

Explore the Supreme Court judgment on penalties for goods transportation after E-way bill expiry. Detailed analysis of Vardan Associates Pvt. Ltd. vs Assistant Commissioner case.

SC dismisses Challenge to Rule 8A of Companies (Appointment & Remuneration) Rules

January 31, 2024 1155 Views 0 comment Print

Explore the Supreme Court judgment in Suman Kumar Vs Union of India, dismissing challenges to amended rules for company secretaries and corporate governance.

SC Directs Reevaluation of Extended Limitation and GST Penalty Issues

January 29, 2024 1101 Views 0 comment Print

Supreme Court’s directive to reassess extended limitation and penalty imposition issues in the case of Commissioner Vs Gujarat State Petronet Ltd.

Supreme Court set asides NCLAT order allowing adjustment against Performance Bank Guarantee instead of payment

January 25, 2024 1329 Views 0 comment Print

Explore the Jet Airways case: NCLAT’s key decision, SBI’s appeal, and the intricacies of the Resolution Plan, including conditions precedent and financial implications.

Celir LLP v. Bafna Motors: An Analysis of SC Judgment

January 24, 2024 2367 Views 0 comment Print

Recently, in the case of Celir LLP v. Bafna Motors the court has iterated that, if the law is clear then there is no need to interpret the statute and the precedence must be given to the literal interpretation of the law.

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