Supreme Court sets aside reassessment notices for AY 2015-16 issued after April 1, 2021, based on Revenue’s concession in the Rajeev Bansal case.
Supreme Court rejects resolution plan of JSW since Successful Resolution Applicant (JSW) did not implement the Resolution Plan for about two years since its approval by the NCLAT, though there was no legal impediment in implementing the same.
Supreme Court held that a married daughter may be considered a legal representative, but, she will not be eligible for loss of dependency compensation unless it is proven by the daughter that she was financially dependent on the deceased.
Supreme Court sets aside customs duty on imported crude degummed soyabean oil, ruling it’s not an agricultural product under the exemption. Your Taxguru Consultancy & Online Publication
India’s Supreme Court dismisses appeals in a family property dispute, upholding prior decrees and clarifying rights under Hindu Succession Act.
Levy of purchase tax is governed by the provisions and stipulations of Sections 5A or 7A. They are independent and in a way constitute charging sections. Purchase tax is leviable on and payable by the purchaser.
Supreme Court rules unilateral changes to a sale deed after execution but before registration are invalid, reaffirming Section 47 of Registration Act.
Supreme Court dismisses tax department appeal, affirming Andhra Pradesh High Court ruling classifying flavoured milk under lower 5% GST rate.
Supreme Court dismisses Centre’s appeal against Siddhi Vinayak Syntex, citing low tax demand per departmental circular, limits assessee’s future arguments.
Supreme Court rules internal excise orders on jurisdiction/manufacture aren’t appealable; challenges must follow Section 11A adjudication.