#supreme court judgements
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SC JUDGEMENT-Recovery of Debts Due to Banks and Financial Institutions

Supreme Court on 194-A
![CIT v. Thayaballi Mulla Jeevaji Kapasi [1967] 66 ITR 147 (SC)](https://taxguru.in/wp-content/uploads/2026/07/Categories_SUPREME-Court.jpg)
CIT v. Thayaballi Mulla Jeevaji Kapasi [1967] 66 ITR 147 (SC)

Interest paid on borrowed capital allowable if used for commercial expediency

Even in absence of a provision, Beneficial statute may be held to be retrospective in nature
![CIT v. Kurban Hussain Ibrahimji Mithiborwala [1971] 82 ITR 821 (SC)](https://taxguru.in/wp-content/uploads/2026/07/Categories_SUPREME-Court.jpg)
CIT v. Kurban Hussain Ibrahimji Mithiborwala [1971] 82 ITR 821 (SC)

Doctrine of fairness also to be considered for construing a statute – SC

Time barred Excise duty Refund claim paid under Protest by buyer & manufacturer

Court cannot amend or alter statutory provisions: SC

CIT Vs. Sunil J. Kinariwala (Supreme Court of India)

CIT vs Suresh Chandra Mittal – Supreme Court of India

SC Decision on Limitation of Companies Act in case of oppression and mismanagement

Hindu personal law requires presence of a male for constitution of HUF: SC

ACC Ltd. Vs. Commissioner of Customs- Supreme Court of India
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.
