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Supreme Court of India

SC Upholds Raised Monetary Limits: Dismisses Customs Appeal by Revenue

December 1, 2023 666 Views 0 comment Print

Explore the Supreme Court judgment on Commissioner of Customs vs. Godavari Drugs Ltd. as it dismisses the customs appeal, citing increased monetary limits according to the CBIC Circular.

Title Can’t be transferred based on General Power of Attorney and Agreement to Sell: SC

December 1, 2023 2640 Views 0 comment Print

Supreme Court’s ruling against property transfer through Power of Attorney and Agreement to Sell. Understand the legal implications and constraints.

NDPS Act: Independent Witnesses Not Solely Required for Charge Proof: SC

November 30, 2023 903 Views 0 comment Print

SC decision clarifies that proving charges under the NDPS Act doesn’t solely depend on the presence of independent witnesses and underscores the importance of procedural compliance.

Supreme Court Dismisses Bharat International’s Entry Tax Appeal

November 30, 2023 669 Views 0 comment Print

The Supreme Court dismisses Bharat International’s appeal on entry tax, citing the precedent in Jindal Steel. Learn about the ruling and its implications on trade and commerce

Exact Cause Of Fire Immaterial If Insured Was Not Responsible For Initiating Fire: SC

November 29, 2023 1302 Views 0 comment Print

Insurance disputes often unfold as legal mazes, and in a recent case, we find a compelling narrative. A warehouse fire triggered a claim, met with a swift repudiation by the insurance company. But why? This article peels back the layers, exploring issues of coverage, alterations, and the elusive cause of the fire.

Bail rejected as applicant failed to prove him clean-handed in economic offences covering crores of proceeds

November 27, 2023 2229 Views 0 comment Print

Supreme Court of India rejected the bail application as applicant failed to prove him not guilty of the alleged economic offences wherein crores of proceeds of crime were transferred to the shell companies without any genuine business transaction.

Deduction u/s 80HHC not available on profits earned on account of foreign exchange fluctuation

November 27, 2023 1023 Views 0 comment Print

Supreme Court held that profits earned on account of foreign exchange fluctuation cannot be included/ treated as derived from the business of export income. Accordingly, deduction under section 80HHC of the Income Tax Act not available.

Adopted Son vs. Daughter’s Son: Will Validity & Adoption Principles – SC

November 23, 2023 3954 Views 0 comment Print

Explore key legal nuances in the Supreme Court’s landmark judgment on will validity and adoption principles in Moturu Nalini Kanth vs. Gainedi Kaliprasad.

Supreme Court Upholds IBC Waterfall Mechanism for CBIC Dues

November 17, 2023 1611 Views 0 comment Print

SC reinforces Insolvency and Bankruptcy Code’s priority mechanism for CBIC, Department of Revenue dues. Key insights from Principal Commissioner of Customs Vs Rajendra Prasad Tak case.

Supreme Court: Resolution Professional Appeals Dismissed

November 12, 2023 1233 Views 0 comment Print

In a recent Supreme Court judgment, Resolution Professional appeals have been dismissed. Find out why and the implications of this decision.

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