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Amal Michael

SC condones delay in filing SLP in Kolkata Knight Riders case [Read Judgement]
The Supreme Court in its interim order condoned the delay by Revenue in filing Special Leave Petition against an order which had been filed in favor...
Supreme court upholds ITAT’s power in having a final say on reopening of investigation proceedings against assessee [Read Order]
The Supreme Court set aside assesse’s demand for re opening of assessment proceedings against her. The three member bench of the Supreme court pointed out that the tribunal itself had appropriate...
Creditors Mustn't be Included Under the Class of ‘Financial Creditors’ Merely on the Basis of the Execution of Mortgage Deeds: SC issues notice [Read Order]
The Supreme Court has ruled that the crucial requirement of disbursing funds against the consideration for the time value of money must be evident in the origin of any debt claimed as a 'financial...
Machinery Manufactured by Establishing a separate unit is eligible for Excise Duty Exemption: CESTAT [Read Order]
The appellants,M/s Savita Industries were engaged in manufacture of rings.The appellant had gone on to install separate machinery and started fabricating machinery and claimed tax exemption for the...