Goods and Services Tax - Income Tax Act, 1961 defines charitable purpose as activities including providing relief to the poor promoting education and yoga, providing medical reliefs, preservation of environment and historical monuments and advancement of any other object of general public utility (GPU)...
Read MoreGoods and Services Tax - SC held that the activity of digital offset and offset printing amounts to manufacture and same is classifiable under heading chapter 4911 of Central Excise Tariff....
Read MoreGoods and Services Tax - Held in the case of [2023] 146 taxmann.com 271 (SC) Association of Old Settlers of Sikkim V Union of India the Hon’ble Supreme Court struck down the proviso of Section 10(26AAA) which denies the exemption to a sikkimese woman who marries a non-sikkimese & ruled out the proviso as unconstitutional. Section 10(26AAA) of the Income [&h...
Read MoreGoods and Services Tax - There is a marked distinction between the nature and character of the two amounts – the employer’s liability is to be paid out of its income whereas the second is deemed an income, by definition, since it is the deduction from the employees’ income and held in trust by the employer. This marked distinction has to be borne while inte...
Read MoreGoods and Services Tax - VELLORE CITIZEN WELFARE FORUM v/s UNION OF INDIA, AIR 1996(5) SCC 647 (Supreme Court) Facts : A PIL under article 32 of the Indian Constitution has been filed by an NGO named Vellore Citizens Welfare Forum about the pollution caused due to enormous discharge of untreated sewage by tanneries and other industries in Tamilnadu. The untrea...
Read MoreGoods and Services Tax - As directed by Hon'ble the Chief Justice, this is to convey for benefit of all the stakeholders that, Hon'ble the Supreme Court of India has launched a digital version of judgments of the Supreme Court of India as reported in 'Supreme Court Reports'....
Read MoreGoods and Services Tax - SC held that an appeal being the continuation of original proceedings, the provision of section 7(5)(b) of IBC Code, for intimating the Financial Creditor (FC) before rejection of a claim, would be attracted....
Read MoreGoods and Services Tax - The Hon’ble Supreme Court of India in the case of Filco Trade Centres Pvt Ltd on 22 July 2022, has awarded the order in the favour of assessee and ordered the department to provide the facility for all the registered persons to claim transitional credit from 1st September 2022 till 30th October 2022. Some of the […]...
Read MoreGoods and Services Tax - Income Tax Gazetted Officers’ Association requested CBDT to issue Clarification in respect of the judgement of Hon’ble Supreme Court in the case of Union of India Vs Ashish Agarwal ,Civil Appeal No. 3005/2022, Dated: 04/05/2022 in the matter of notices u/s 148 issued between 01-04-2021 to 30-06-2021 under the pre amended provisio...
Read MoreGoods and Services Tax - We have compiled a list of genuine reasons as to why the examination committee and the board of studies must consider an extension of attempts for Old course students, the reasons have been reproduced below in a point-wise manner:...
Read MoreGodrej Sara Lee Ltd. Vs Excise and Taxation Officer cum-Assessing Authority & Ors. (Supreme Court of India) - Though this issue is no longer res integra in view of catena of judicial decisions of the highest court of the Country, the Hon’ble Supreme Court once again considered this matter when the Punjab & Haryana High court relegated the assessee to alternative remedy in a challenge made to jurisdiction ...
Read MoreUnion Bank of India Vs Rajasthan Real Estate Regulatory Authority (Supreme Court of India) - Union Bank of India Vs Rajasthan Real Estate Regulatory Authority (Supreme Court of India) The Supreme Court upheld Rajasthan High Court judgment and held that RERA would not apply in relation to the transaction between the borrower and the banks and financial institutions in cases where security ...
Read MoreK.L. Suneja Vs Dr. (Mrs.) Manjeet Kaur Monga (D) (Supreme Court of India) - K.L. Suneja Vs Dr. (Mrs.) Manjeet Kaur Monga (D) (Supreme Court of India) An interesting question arose in this case where an apartment buyer was returned the money paid by her by way of a Pay-order by the developer instead of giving the flat. This was disputed by the flat allottee as she was willin...
Read MoreSubhash Chouhan Vs Union of India (Supreme Court of India) - SC set aside the condition imposed by Chhattisgarh HC, of depositing INR 70 Lakh for grant of bail in a matter of wrongful availment of ITC...
Read MoreESI Corporation Vs Radhika Theatre (Supreme Court of India) - Supreme Court held that insertion of sub-section (6) to section 1 is effective from 20.10.1989. Hence, on and after 20.10.1989, irrespective of number of persons employed a factory or an establishment shall be governed by the ESI Act....
Read MoreF. No. 275/11/2022-CX.8A - (04/11/2022) - GST Department has decided that it will Not file Review Petition Against the Supreme Court Decision Against IGST Levy on Ocean Freight in Civil Appeal No. 1390 of 2022 filed by Union of India & Anr. Vs. M/s. Mohit Mineral Pvt. Ltd F. No. 275/11/2022-CX.8A Government of India Ministry of Finance ...
Read MorePress release No. 556 - (01/10/2022) - Facility for filing TRAN-1/ TRAN-2 or revising the earlier filed TRAN-1/TRAN-2 on the GST common portal by aggrieved taxpayers, is now available on GSTN from 01.10.2022 till 30.11.2022....
Read MorePress Release No. 554 - (03/09/2022) - Supreme Court allows 4 weeks extension to open common portal for Tran 1 & Tran 2 Hon’ble Supreme Court while hearing an application from GSTN, has allowed extension of 4 weeks time to comply with their order dated 22/07/2022 issued in the matter of UOI & Anr. V/s Filco Trade Centre Pvt. Lt...
Read MoreITBA Step-by-Step Document No. 1 - (12/05/2022) - ITBA Step–by–Step Document No. 1 w.r.t. CBDT Instruction No. 1 of 2022Dated 12.05.2022 Steps to be followed in ITBA for the cases impacted by Hon’ble Supreme Court decision dated 04.05.2022 in the case of Union of India vs. Ashish Agarwal Dated 12.05.2022 NOTE: The AOs/ITBA users shoul...
Read MoreInstruction No. 01/2022 - (11/05/2022) - CBDT issues Instruction No. 01/2022 regarding Implementation of Hon. Supreme Court’s Judgment in Union of India vs. Ashish Agrawal dated 04.05.2022 Instruction No. 01/2022 | Dated: 11th May, 2022 F. No 279/Misc./M-51/2022-ITJ Ministry of Finance Department of Revenue Central Board of Direct T...
Read MoreGodrej Sara Lee Ltd. Vs Excise and Taxation Officer cum-Assessing Authority & Ors. (Supreme Court of India) -
Union Bank of India Vs Rajasthan Real Estate Regulatory Authority (Supreme Court of India) -
K.L. Suneja Vs Dr. (Mrs.) Manjeet Kaur Monga (D) (Supreme Court of India) -
Developer Group India Pvt. Ltd Vs Surinder Singh Marwah (Supreme Court of India) -
Subhash Chouhan Vs Union of India (Supreme Court of India) -
ESI Corporation Vs Radhika Theatre (Supreme Court of India) -
State of Punjab Vs Shiv Enterprises & Ors. (Supreme Court of India) -
Commissioner of Central Good and Service Tax Vs Venus Albums Company Pvt. Ltd. (Supreme Court of India) -
Rajaram S/O Sriramulu Naidu Vs Maruthachalam (Supreme Court of India) -