Sponsored
    Follow Us:

Supreme Court of India

SC explains Effect of repeal of a statute u/s 6 of General Clauses Act on pending proceedings

October 30, 2018 10641 Views 0 comment Print

Sushila N. Rungta Vs TRO (Supreme Court) What has been argued by Mr. R. Venkataramani, learned senior counsel appearing on behalf of the appellant, is that considering that the Gold Control Act itself has been repealed without a saving clause, Section 6 of the General Clauses Act would not apply for the reason that the […]

Urban Improvement Trust is not a local authority & not eligible for exemption U/s. 10(20): SC

October 29, 2018 5343 Views 0 comment Print

ITO Vs Urban Improvement Trust (Supreme Court of India) “The High Court based its decision on the fact that functions carried out by the assessee are statutory functions and it is carrying on the functions for the benefit of the State Government for urban development. The said reasoning cannot lead to the conclusion that it is […]

Home Buyer cannot reap benefits of her own delay in taking possession: SC

October 25, 2018 1311 Views 0 comment Print

M/s. Supertech Ltd. Vs Rajni Goyal (Supreme Court) The Appellant – Builder inter alia submitted that – Possession of the flat was offered to the Respondent – Purchaser in December 2015 after obtaining the Completion Certificate for the building. Even though the Agreement provided for delivery of possession by 31.10.2013, the delay occurred because of […]

SC issues Guideline on Sale of Fire Cracker & Duration of Bursting

October 24, 2018 3165 Views 0 comment Print

(i) The crackers with reduced emission (improved crackers) and green crackers, as mentioned in Suggestion Nos. II and III above only would be permitted to be manufactured and sold. (ii) As a consequence, production and sale of crackers other than those mentioned in Suggestion Nos. II and III is hereby banned.

Time limit to claim ITC in a statute not violates right guaranteed under Constitution

October 12, 2018 9153 Views 0 comment Print

ALD Automotive Pvt. Ltd. Vs Commercial Tax Officer (Supreme Court) The input credit is in nature of benefit/ concession extended to dealer under the statutory scheme. The concession can be received by the beneficiary only as per the scheme of the Statute. Reference is made to judgment of this Court in Godrej and Boyce Mfg. […]

Limitation Act applicable to applications filed U/s. 7 & 9 of IBC since its Inception: SC

October 12, 2018 7533 Views 1 comment Print

It is thus clear that since the Limitation Act is applicable to applications filed under Sections 7 and 9 of the Code from the inception of the Code, Article 137 of the Limitation Act gets attracted.

270 Days Time Limit to Complete Insolvency Resolution Process Mandatory: SC

October 4, 2018 1581 Views 0 comment Print

Arcelormittal India Private Limited Vs Satish Kumar Gupta & Ors. (Supreme Court of India)  Any person who wishes to submit a resolution plan, if he or it does so acting jointly, or in concert with other persons, which person or other persons happen to either manage or control or be promoters of a corporate debtor, […]

GST (Compensation To States) Act, 2017 is Constitutionally Valid: SC

October 4, 2018 2616 Views 0 comment Print

Union of India Vs Mohit Mineral Pvt. Ltd. (Supreme Court of India) (1) Whether the Compensation to States Act, 2017 is beyond the legislative competence of Parliament? Ans. 1 -The Compensation to States Act, 2017 is not beyond the legislative competence of the Parliament. (2) Whether Compensation to States Act, 2017 violates Constitution (One Hundred […]

SC dismisses 100s of Appeal having tax effect of less than Rs. 1 Crore

September 29, 2018 1566 Views 0 comment Print

CIT Vs M/S C. C. Chokshi And Co. (Supreme Court of India) The Registry has listed these matters on the ground that the tax effect is less than Rs. 1 Crore and, therefore, as per the Circular of the CBDT, these are not pressed by the Income tax Department and are to be dismissed on […]

Co-coparcener cannot challenge sale made by Karta of HUF due to legal necessity

September 27, 2018 8244 Views 0 comment Print

Kehar Singh (D) Thr. L.Rs. & Ors.Vs Nachittar Kaur & Ors. (Supreme Court of India) Once the factum of existence of legal necessity stood proved, then, in our view, no co­-coparcener (son) has a right to challenge the sale made by the Karta of his family. The plaintiff being a son was one of the co­-coparceners along with his father­-Pritam Singh. He […]

Sponsored
Sponsored
Search Post by Date
February 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
2425262728