#supreme court judgements
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Whether the scrap imported by the appellants is chargeable to ‘NIL’ rate of additional customs duty under Section 3 of the Customs Tariff Act 1975

Intel Design Systems (India) P. Ltd Vs. Commissioner of Customs & Central Excise (Supreme Court)

hit fund following the ‘completed contract method of accounting’ and offering income at the end of the chit, held, approving the method

Power to condone the delay beyond the prescribed period

Allowability of Interest on capital to Partners is subject to satisfaction of requirements of s. 36(1)(iii)

Whether the adjudicating authority entitled to load royalty/licence fee payment on to the price of the imported goods, viz, the shuttle(s) by taking its peak price?

Payments of service tax as also VAT are mutually exclusive

No disallowance for interest free advance given to sister concern out of own funds

Validity of sale agreement executed on two stamp papers purchased on different dates and more than six months prior to date of execution

Recent Income Tax Judgements 15.02.2008

SC ruling on I-T deductions on interest paid on loan

Anis Ahmad and Sons Versus Commissioner of Income Tax (Appeals),Kanpur & Anr. (Supreme Court)

Income Tax – It is impermissible to convert assets to cash and thereafter impound the same;

"Surcharge in block will be leviable even before the insertion of provisio" SC
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.
