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.
Margarine is edible oil and eligible for concessional tax of 4 percent – SC
Pnealty can not be imposed without adjudication by any authority – SC
Service of notice on assessee U/s. 143(2) within prescribed period of time is a pre-requisite for framing block assessment
ICAI and Other Examining bodies should get tuned to RTI Act – SC
M/s M.R. Tourist Home & Ors. Vs. Sales Tax Officer & Ors. (Supreme Court)
Marketability is essential criteria for charging excise duty and product must be marketable in the condition in which it emerges – SC
Helium Gas purchased in bulk, processed and sold in cylinders – liable to excise duty – Supreme Court
Circular specifying monetary limit for appeal filing should not be applied ipso facto, when the matter has a cascading effect – SC
Dividend income derived by assessee from a company in Malaysia not liable to be taxed in the hands of the assessee in India under any of the provisions of the Act – SC
No Penalty in case of interpretational nature – Supreme Court
New partners can not be held guilty for cheque issued by old partners – SC
SC upholds tax and penalty on Multi System Operators
Earnest money forfeited as per terms of tender for not entering into contract can not be refunded – SC
Compensation to be awarded should not be measured by the nature, location or degree of the injury, but rather by the extent or degree of the incapacity resulting from the injury – SC
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.
