Corporate Law : Supreme Court rules in Ashish Kakkar case that an arrest memo does not fulfill the legal requirement of furnishing grounds of arre...
Corporate Law : The Supreme Court quashed an FIR against MP Imran Pratapgadhi, emphasizing courts' and police's duty to protect freedom of speech ...
Corporate Law : Supreme Court acquits six in post-Godhra riots case, citing lack of incriminating evidence and wrongful conviction by the Gujarat ...
Corporate Law : Supreme Court advises High Courts to prioritize criminal appeals of elderly accused on bail, especially in old cases, to ensure fa...
Company Law : SC rules that NCLT cannot decide on public law matters under MMDR Act in IBC cases, reaffirming High Court jurisdiction under Arti...
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...
Corporate Law : SC held that a duly signed cheque, even if filled by someone other than drawer, can invoke Section 138 of Negotiable Instruments A...
Corporate Law : Supreme Court rules in Batliboi v HPCL that arbitral damages must reflect actual loss, not be a windfall. Discusses formulae flaws...
Income Tax : Supreme Court sets aside High Court ruling in S.M. Overseas tax case, restores ITAT order on reassessment under Sections 147/148 o...
Service Tax : Supreme Court allows Fork Media's exemption plea, seeks clarity on Cenvat Credit usage rejected earlier by High Court due to lack ...
Custom Duty : Supreme Court grants benefit of doubt to Gastrade International due to inconclusive evidence in HSD vs Base Oil classification dis...
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...
In the case of Commissioner, Central Excise and Customs and Another vs Reliance Industries Ltd., Supreme Court of India held that reliance on a judgment later overturned does not constitute suppression of facts.
Read this critical analysis of the new reassessment provisions introduced by the Finance Act, 2021. Understand the changes in Section 148, 148A, and 149 of the Income Tax Act and their impact on taxpayers. Find an in-depth analysis, interpretations, and a conclusive assessment of the validity of reassessment proceedings.
Supreme Court held that where a statute contains both a general provision as well as a specific provision, the latter must prevail. Accordingly, Taxation Entry No.61 is relatable to ‘starch’ of any kind whereas Exemption Entry No.8 relates to products of ‘millet’. Hence, maize starch is covered by taxation entry and not by exemption entry.
Stay updated with the latest judgments by the Supreme Court of India on Goods and Services Tax (GST). Explore important rulings that impact GST administration, field formations, taxpayers, and professionals.
Read about the Supreme Court’s decision on whether penalty can be imposed on self-assessment returns for alleged suppression of facts. Analysis of the case involving Commissioner, Central Excise And Customs vs Reliance Industries Ltd. Learn about the implications for GST and Income-tax matters.
Explore the detailed analysis of the landmark case A.K. Roy and Ors. vs. Union of India and Ors., focusing on the National Security Act, 1980. This examination covers key arguments, observations, and the constitutional validity of provisions, shedding light on the complex legal aspects surrounding preventive detention.
A recent judgment by the Supreme Court of India has set a precedent, ruling that the issuance of a corporate guarantee on behalf of group companies by a director without consideration is not a taxable service. Discover the insights and implications of this judgment in our comprehensive analysis.
Supreme Court of India has recently issued an order requiring all revenue appeals before the Income Tax Appellate Tribunal (ITAT) to be filed exclusively through the e-filing mode. This directive aims to streamline the appeal process and improve efficiency. The Central Board of Direct Taxes (CBDT) has already instructed its field formations to comply with […]
upreme Court in Coal India Limited v. CCI (SC), CIVIL APPEAL NO. 2845 of 2017, June 15, 2023 categorically held that the Competition Act does apply to Coal India Limited, providing the rationale for its decision.
Read the analysis of the Supreme Court of India’s verdict in the case of Hasmukhlal Madhavlal Patel And Anr. vs Ambika Food Products Pvt. Ltd. And Ors. regarding disproportionate allotment of shares in a right issue by a private limited company. The court’s ruling examines the applicability of Section 81 of the Companies Act, 1956 and its implications for directors’ responsibilities.
