Supreme Court held that insurers impleaded as parties can raise all grounds, including quantum challenges. It remitted the case for fresh consideration by the High Court.
The SC upheld that reinsurance premiums paid to foreign entities are not taxable in India. It confirmed that absence of income accrual and PE eliminates TDS liability.
The Supreme Court rejected the appeal due to unexplained delay and upheld the finding that the reassessment notice was time-barred. The key takeaway is strict adherence to limitation timelines.
The Supreme Court refused to entertain the appeal as the delay exceeded the statutory condonable limit under IBC. The ruling reinforces strict adherence to limitation timelines.
The issue was whether income tax refunds can be appropriated for service tax dues. The High Court ruled that such adjustment violates statutory provisions and directed relief to the taxpayer. The SC dismissed the revenue’s appeal, affirming the outcome.
The case examined whether online learning services constitute technical services. The SC upheld findings that the platform only facilitated access to content. The ruling confirms that facilitation alone does not trigger FTS taxation.
The issue involved challenge to reassessment quashed by High Court. SC dismissed the appeal due to delay, leaving the quashing intact.
The issue was condonation of delay in filing returns during CIRP. The SC dismissed the appeal as time-barred, leaving intact the ruling that delay must be condoned to give effect to the resolution plan.
The Supreme Court dismissed the Revenue’s appeal citing unexplained delay and no merit in challenging the High Court ruling. The High Court had quashed reassessment for lack of facts specific to relevant assessment years.
The Supreme Court declined to interfere with the High Court’s refusal to entertain a writ petition due to availability of statutory appeal. It permitted the petitioner to file an appeal without being barred by delay.
