The assessee imported certain quantity of crude degummed soyabean oil of edible grade in bulk at Jamnagar and filed bill of entry on 02.09.2002 seeking clearance of the imported goods for home consumption.
The Supreme Court clarifies its earlier order in the Elora Tobacco case, directing the return of original seized documents and certified copies of lost files to the assessee.
Supreme Court held that no priority of interest can be claimed by the Secured Creditors against the properties attached under Maharashtra Protection of Investors and Depositors Act, 1999 [the MPID Act].
Supreme Court clarifies Article 229(2) approval for High Court staff salaries. Chief Justice’s decision needs Governor’s reasoned consideration, not arbitrary rejection
Supreme Court held that reopening of assessment under section 148 of the Income Tax Act for making a fishing inquiry without any live link or fresh material is not permissible under the law. Accordingly, notice u/s. 148 quashed and set aside.
Supreme Court reverses Telangana High Court’s order in a 53-acre land dispute, emphasizing the necessity of valid title and proven possession, amidst a complex history of land ceiling laws and disputed agreements.
Supreme Court in Laljibhai Mandalia case upholds tax search, clarifies reasons to believe and limits judicial review over the sufficiency of grounds for raids.
SC upheld Gujarat HC’s decision to quash reassessment notice issued by Income Tax Department, citing lack of new material & change of opinion
The Supreme Court of India dismissed petitions from major telecom companies seeking relief on AGR dues, including interest and penalties, following previous adverse rulings.
SC affirms Karnataka HC ruling on GST Rule 86A, reinforcing need for pre-decisional hearings and independent evidence before blocking Electronic Credit Ledgers.