Corporate Law : A detailed analysis of the Supreme Court's verdict on the Tata Sons vs. Cyrus Mistry case, covering corporate governance, minority...
Corporate Law : Calls for a High Court Bench in West UP remain ignored. SC urged to intervene in judicial disparities affecting millions. Know the...
Corporate Law : Supreme Court quashes rape case, stating consensual relationship, even with breach of promise, doesn't automatically constitute ra...
Corporate Law : The Supreme Court emphasizes strict scrutiny of FIRs under stringent laws like the UP Gangsters Act to prevent misuse in property ...
Custom Duty : The Supreme Court rules DRI officers as proper officers for customs under Section 28, overturning past judgments and reshaping tax...
Corporate Law : Key IBC case law updates from Oct-Dec 2024, covering Supreme Court and High Court decisions on CoC powers, resolution plans, relat...
Income Tax : Government addresses Supreme Court judgment on tax exemptions for clergy and its implications on Hindu Undivided Families (HUFs) u...
Corporate Law : Supreme Court rejects regularisation of illegal constructions, irrespective of occupancy or investments, and calls for action agai...
Corporate Law : The Supreme Court Collegium recommends three advocates—Ajay Digpaul, Harish Vaidyanathan Shankar, and Shwetasree Majumder—for ...
Corporate Law : SC rules on Special Court jurisdiction; NCLAT redefines financial debt; HC upholds IBBI regulations and addresses various insolven...
Service Tax : Supreme Court held that activity of lottery distributor doesn’t constitute a service and hence imposition of service tax on dist...
Corporate Law : Supreme Court clarified procedures for summons, warrants, and bail under the Prevention of Money Laundering Act (PMLA), emphasizin...
Income Tax : Supreme Court emphasizes reasonable cause for TDS non-deduction under Section 271C. Highlights interplay of Sections 4, 5, 9, and ...
Income Tax : Supreme Court reaffirms that charitable trust registration under Section 12AA of the Income Tax Act should be based on proposed ac...
Corporate Law : Smt. Syeda Rahimunnisa and Syed Hyder Hussaini are wife and husband whereas the respondent no. 1(a) to 1(f) are the legal heirs of...
Income Tax : CBDT raises monetary limits for tax appeals: Rs. 60 lakh for ITAT, Rs. 2 crore for High Court, and Rs. 5 crore for Supreme Court, ...
Corporate Law : No restrictions on joint bank accounts or nominations for the queer community, as clarified by the Supreme Court and RBI in August...
Corporate Law : Supreme Court of India introduces new procedures for case adjournments effective 14th February 2024, detailing strict guidelines a...
Corporate Law : Explore the updated FAQs on the implementation of the EPFO judgment dated 04.11.2022. Understand proof requirements, pension compu...
Income Tax : Comprehensive guide on CBDT's directives for AOs concerning the Abhisar Buildwell Supreme Court verdict. Dive into its implication...
SC held that Parties cannot rely upon the definitions of ‘terrorism’ in penal statutes since the Exclusion Clause contains an exhaustive definition.
SC held that when 90% or more of the creditors decide that it will be in the interest of all the stake¬holders to permit Settlement Plan filed by promoter of the Corporate Debtor and withdraw Corporate Insolvency Resolution Process as per Section 12A of IBC, 2016, NCLT or NCLAT cannot sit in appeal over such commercial wisdom of Committee of Creditors.
Safire Technologies Pvt. Ltd Vs Regional Provident Fund Commissioner (Supreme Court) An appeal against the order of NCLT shall be preferred within a period of 30 days from the date on which the order was passed by the NCLT. The Appellate Tribunal has the power to extend the period of limitation by another 15 days. […]
Delve into the analysis of the recent Supreme Court judgment dated June 3, 2022, in Vallal RCK Vs. M/s Siva Industries and Holdings Limited. Explore insights on the objective of section 12A and whether the Adjudicating Authority can question the commercial wisdom of the Committee of Creditors. Stay informed about key observations and conclusions from this significant case in the Insolvency and Bankruptcy Code context.
Explore the recent Supreme Court decision on secondment of employees, addressing the characterization of the relationship, revenue neutrality, and limitation. Understand the controversial case of CCE Northern Operating Systems and the court’s application of the doctrine of substance over form. Delve into critical aspects and critique the court’s approach, shedding light on revenue neutrality and the limitation period for tax demands.
Explore the Supreme Courts landmark decision in Shrikant G. Mantri vs. Punjab National Bank, affirming that a person purchasing goods or services exclusively for self-employment qualifies as a consumer. Delve into the legal nuances of the case, emphasizing the distinction between consumer and commercial purposes. Stay informed with the latest judicial insights.
Female heirs of a Hindu governed by the Dayabhaga School of Hindu Law dying intestate could not impress upon their inherited property the character of joint family property. The properties inherited from her husband was assessable in the hands of the assessee in the status of individual. It means that female members of a HUF cannot form HUF on the basis of contract among themselves.
M. Ravindran Vs Intelligence Officer (Supreme Court of India) Can Default Bail be denied on filing of additional complaint subsequent to filing of Bail Application? In common legal parlance, the right to bail under the Proviso to Section 167(2) of the Code of Criminal Procedure, 1973 (‘CrPC’) is commonly referred to as ‘default bail’ or […]
Explore the nuanced interpretation of exemption notifications in tax statutes by the Hon’ble Supreme Court, emphasizing the distinction between general exemptions and those with a beneficial purpose. The case analysis involves the eligibility of buildings used for religious or educational purposes, shedding light on the pivotal role of user, dominant object, and the broader scope of ‘used principally for.
Understanding the impact of SC decision & CBDT instruction on reassessment notices u/s 148A. Learn how to reply to these notices for AYs 2013-14 & 2014-15.
