#supreme court judgements
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Income Tax
Income Tax
Section 80HHC – Face value of the DEPB will be ‘cash assistance’ against export and will fall under Section 28(iiib) of the Act -Supreme Court
Custom Duty
Custom Duty
Custom Duty – Electronic Automatic Regulators would fall under Chapter sub-heading 9032.89 – SC
Excise Duty
Excise Duty
SC rejects revenue Appeal on the ground that the Revenue has not filed the appropriate papers
Excise Duty
Excise Duty
Departmental circulars not binding, Classification Which is beneficial to assesse should be Applied – Supreme Court
DGFT
DGFT
DEPB – Whether aluminium grills can be termed as Extruded aluminium products, and if so, Whether assessee can take benefit of Item 7 of Code 61 – No, rules SC
Income Tax
Income Tax
Banks eligible to claim both deduction for bad debts and provision for bad and doubtful debts
Excise Duty
Excise Duty
Valuation of goods manufactured on job-work basis – Tribunal did not consider whether the parties were related – Matter remanded – SC
Income Tax
Income Tax
DVO opinion could not be regarded as information for the purpose of reopening an assessment U/s. 147
Income Tax
Income Tax
For Calculating 90% of Commission, Brokerage etc under Expl (baa) to section 80HHC netting of income from expenditure is allowed
Income Tax
Income Tax
S. 80HHC – SC reverses Bomaby HC judgment in Kalpataru case, DEPB Face value covered U/s. 28(iiib)
Income Tax
Income Tax
For section115JA/JB Deduction U/s. 80HHC to be computed with reference to the net profits in the profit and loss account – SC
Corporate Law
Corporate Law
In motor vehicles accident compensation claims entire amount may be disbursed to the claimant if he or she is literate – SC
Goods and Services Tax
Goods and Services Tax
No VAT on Goods Sold by Duty Free Shops – SC
Corporate Law
Corporate Law
Proceedings in bounced cheque cases under Negotiable Instruments Act will continue even if there is a scheme to revive the sick company
Explore the latest supreme court judgements on TaxGuru with coverage of important judicial decisions, legal principles and case-law developments across taxation, corporate and commercial laws. The page helps professionals, taxpayers and businesses follow significant rulings, understand the reasoning adopted by courts and tribunals, and assess the practical impact on compliance and litigation.
