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Supreme Court of India

Expenditure for Earning Exempt Income Inadmissible under Section 14A: SC

December 22, 2023 1062 Views 0 comment Print

Explore the Supreme Court judgment on PCIT Vs PNB Housing Finance. Learn why disallowance of expenditure for earning exempt income can’t be treated as business expenditure under Section 14A.

Prejudice to Defence caused Due to Denied Questions to Eye-Witness: SC

December 22, 2023 714 Views 0 comment Print

Explore Supreme Court’s landmark judgment in Chandrasekhar Patel vs Suresh & Ors, highlighting the serious prejudice caused to accused by denying relevant questions to eye-witness.

SC Dismisses Customs Appeal for huge delay in filing: Relief for Reliance Jio

December 22, 2023 1059 Views 0 comment Print

Supreme Court dismisses Customs Appeal, granting relief to Reliance Jio Infocomm. Explore the full judgment and implications of the delay in filing the appeal.

SC directs HC to rehearing due to lack of reasons in order & retirement of Presiding Judge

December 22, 2023 717 Views 0 comment Print

Manesh Dayashankar Madeka Vs ACIT: Supreme Court emphasized the need for a fresh hearing due to retirement of Presiding Judge and lack of reasons the previous disposition.

SC Ruling on Canon India Pvt Ltd: Section 96 of Finance Act, 2022 & subsequent Madras HC’s Decision

December 20, 2023 13863 Views 0 comment Print

Explore the SC ruling on Canon India Pvt Ltd, dissecting Section 96 of Finance Act, 2022, and the subsequent Madras High Court decision. Unravel the background, impact of the Finance Act, and insightful analysis, shedding light on the ongoing legal intricacies

SARFAESI Auctions Pre-Insolvency: Not Corporate Debtor’s Assets

December 20, 2023 1095 Views 0 comment Print

Supreme court in Haldiram Incorporation Pvt. Ltd. Vs Amrit Hatcheries Pvt. Ltd. & Ors. held that Properties sold under Auction Sale in SARFAESI Act before declare insolvency, could not be treated assets of Corporate Debtor.

Supreme court upheld the abrogation of Article 370

December 18, 2023 984 Views 0 comment Print

In a historic judgment, the Supreme Court of India, led by Chief Justice Dr. Justice D.Y. Chandrachud, upheld the abrogation of Article 370 of the Constitution.

SC held no Bail to Women accused u/s 45 of PMLA

December 18, 2023 996 Views 0 comment Print

Under section 45 of PMLA Act, the extent of involvement of the persons falling in such category in the alleged offences, the nature of evidence collected by the investigating agency etc., would be material considerations.

Nominee of Shares: SC Ruling on Absolute Ownership vs Succession Laws

December 17, 2023 33201 Views 1 comment Print

Explore the Supreme Court’s landmark decision on whether a nominee of shares holds absolute ownership or is subject to succession laws under the Companies Act and Indian Succession Act

ITC claimed by the Recipient cannot be denied without conducting due diligence of Supplier

December 16, 2023 52752 Views 0 comment Print

Supreme Court dismisses a petition, affirming the Calcutta High Court’s order that ITC reversal demands cannot stand without proper inquiry into the supplier’s actions.

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