Courts: Supreme Court of India
3,662 articlesGoods and Services Tax
Goods and Services Tax
Bengal Finance (Sales Tax) Act, 1941- Whether show cause notice issued by respondent is illegal and defective?
Income Tax
Income Tax
No penalty for merely making an incorrect claim: SC
Income Tax
Income Tax
Roll over charges paid on foreign exchange forward contracts required to be adjusted in the carrying amount of fixed asset
Corporate Law
Corporate Law
Section 141 of Negotiable Instrument Act, 1881 does not make all the Directors liable for Dishonour of cheques
SEBI
SEBI
Provisions of section 11B of SEBI Act can be applied retrospectively
Income Tax
Income Tax
Making unsustainable claims do not amount to furnishing inaccurate particulars and Penalty u/s. 271 (1) (c) cannot be imposed
Income Tax
Income Tax
Interest earned by co-operative credit society on surplus funds invested in short-term deposits with banks and in govt. securities not eligible for deduction u/s. section 80P
Income Tax
Income Tax
Supreme Court rules write off of debt is sufficient for claiming bad debts
Income Tax
Income Tax
Taxpayer not required to demonstrate that the debt has become bad debt once it is written off in the books of account: SC
Income Tax
Income Tax
Bad debts need not be proven to be irrecoverable u/s 36(1)(vii). It is sufficient if they are written off
Income Tax
Income Tax
No capital gains when partner retires – SC
Income Tax
Income Tax
Allowability of reduction of depreciation as per Income-tax Rules while computing book profit under section 115J
Income Tax
Income Tax
Interest on surplus funds is “other income” and not eligible for deduction U/s. 80P of Income Tax Act, 1961
Income Tax
Income Tax
