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Supreme Court of India

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

October 12, 2018 7902 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 1809 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 3054 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 1788 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 8604 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 […]

SC Judgment on Validity of Aadhaar for Telephone, ITR etc

September 27, 2018 1692 Views 0 comment Print

Justice K.S. Puttaswamy (Retd.) & Another Vs. Union Of India & Others (Supreme Court) (1) Whether the Aadhaar Project creates or has tendency to create surveillance state and is, thus, unconstitutional on this ground? Incidental Issues: (a) What is the magnitude of protection that need to be accorded to collection, storage and usage of biometric […]

No 100% deduction on ‘substantial expansion’ for remaining 5 A.Ys U/s. 80IC in HP

September 25, 2018 1371 Views 0 comment Print

CIT Vs Classic Binding Industries (Supreme Court)  In the instant case, we are concerned with the assessees who had established their undertakings in the State of Himachal Pradesh. Sub-section (3), as noted above, mentions the period of 10 years commencing with the initial Assessment Year. Sub-section (6) puts a cap of 10 years, which is […]

SC orders release of goods when Appellant has paid all taxes except disputed dues

September 23, 2018 2499 Views 0 comment Print

M/s. Gati Kintetsu Express Pvt. Ltd. Vs Commissioner Commercial Tax of Madhya Pradesh & Ors. (Supreme Court of India) Having regard to the facts of the case, more particularly when the petitioner has already paid the tax and insofar as other dues are concerned, which are being demanded, a dispute is raised in this special leave petition in […]

AO & CIT can grant stay on payment of amounts lesser than 15%/ 20%

September 20, 2018 7305 Views 0 comment Print

Hon’ble Supreme Court held that CBDT’s Office Memorandum (‘OM’) dated 29th February, 2016 & 31.07.2017 by which AO’s have been directed to grant stay of disputed demand on payment of 20%/ 15% does not fetter the power of the AO & CIT to grant stay on payment of amounts lesser than 15%/ 20%.

Tenants can be evicted for not Paying Municipal Taxes under West Bengal Tenancy Act

September 14, 2018 10398 Views 1 comment Print

M/s popat & Kotecha property & ORS. Vs Ashim Kumar Dey (Supreme Court of India) Issue- Whether after the amendment of the West Bengal premises Tenancy Act by  Amendment Act No. 14 of 2001 with effect from 10th July, 2001 [which had incorporated sub-section (8) to Section 5] whether a tenant who defaults in payment of his/her share of municipal […]

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