Courts: Supreme Court of India
Read latest Supreme Court of India judgments and orders on Income Tax, GST, Customs, Company Law and other taxation, corporate and commercial laws.
Excise duty is to be excluded from value of closing stock of finished goods
In case of foreign gift, Assessee to prove Credit worthiness of donor
HC to decide reduction of 90 per cent of net commission received by assessee from profits of business for computation of deduction u/s. 80HHF
HC Cannot set aside reopening of assessment without giving the reason
In absence of illegality in procedure adopted, appeal is allowed – SC
Transfer of Flat After issue of notice u/s. 6(1) of SAFEMA is null & void
SC remit the case to CIT(A) as Cash Flow Statement filed by assessee isn’t supported by relevant documents
Excise duty not to be included in valuation of closing stock – Supreme Court
Pondicherry Act for protecting interests of small depositors is Valid – SC
Interest cannot be charged u/s. 234B on brought forward MAT credit balance -SC
Property seller can forfeit buyer’s earnest money – SC
Taxability of Compensation for cancellation of right issue of fully convertible debentures & allotment of shares
Deduction u/s. 80-IA is not allowable on duty drawback amount- SC
Taxability of goods manufactured – ‘Parts of Television Receivers’ falling under Tariff Entry 8529 OR ‘Television Receivers’ under Tariff Entry 8528
Supreme Court of India brings together Supreme Court judgments and orders published on TaxGuru concerning taxation, corporate, commercial and regulatory laws. The archive covers Income Tax, GST, Customs, Company Law, insolvency, constitutional and other legal issues relevant to taxpayers, businesses and professionals. Readers can research authoritative rulings on statutory interpretation, substantial questions of law, constitutional issues and appeals from High Courts and tribunals. Chartered Accountants, advocates, tax professionals, companies and legal researchers can use this category to follow important Supreme Court jurisprudence relevant to taxation and business laws.
