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Supreme Court & High Courts Weekly Round-up - Weekly Round-up - Supreme Court - High Courts - Supreme Court & High Courts - Supreme Court weekly round Up - High court weekly round up - taxscan

Supreme Court & High Courts Weekly Round-up [Feb 8th to Feb 14th,2025]

This weekly round-up analytically summarizes the key stories related to the Supreme Court and High Court reported at Taxscan.in during the previous...

CBIC - CBIC network failure - CBIC portal down - taxscan

CBIC Operations Ceased since 9 Feb; Network Failure to Blame

Assessee Entitled to S. 80IA(4)(iii) Deduction as No Violation of Scheme Conditions Found: ITAT...

Reduction in Subsidiary’s Share Capital Constitutes ‘Transfer’ u/s 2(47) of Income Tax Act: Supreme...

4000+ Day Delay: ITAT Slams Trust for 9-Year Inaction, Dismisses Appeal [Read Order]

CASE DIGEST: Order under Section 149 of Customs Act, 1962

The Customs Act, 1962, is the primary law that governs the import, export, and transit of goods in India. It provides a clear legal framework for managing customs duties, rules, and procedures at...

ITC on Motor Vehicles: Avoid Costly Mistakes and Claim it Right

Introduction This article is for business owners, especially those who have purchased a vehicle or are planning to buy one. A common question that many business owners have is: When I buy a...

Income Tax Bill 2025: 30% Tax on Transfer of Cryptoassets and NFTs [Read Bill]

Union Finance Minister Nirmala Sitharaman tabled the Income Tax Bill 2025 in the Lok Sabha yesterday, 13 February, 2025. The proposed Bill stays in consonance with the existing Income Tax Act, 1961,...

Income Tax Department Releases Utility to Compare Old vs New Income Tax Act Sections

The Income Tax Department has introduced a new utility that allows taxpayers and professionals to compare sections of the Income Tax Act, 1961, with the corresponding clauses of the Income Tax Bill,...

Govt to Amend Advocates Act, Invites Public Suggestions

In a significant move to reform the legal profession in India, the Government has proposed amendments to the Advocates Act, 1961. The Department of Legal Affairs has drafted the Advocates (Amendment)...

Govt - Amend Advocates Act - Invites Public Suggestions - TAXSCAN

Income Tax Bill 2025: Officers Granted Overarching Powers to Demand Computer and VDA Access Codes during Search and Seizure [Read Bill]

The Union Finance Minister Nirmala Sitharaman tabled the New Income Tax Bill, 2025 in the Lok Sabha yesterday, 13 February, 2025. A controversial revision of powers vested on tax officers, granting...

Relief to Works Contractor Hi-LITE Projects: Kerala HC allows lower 4% tax rate under KVAT Act [Read Order]

In a significant ruling, the Kerala High Court has provided a relief of Rs. 1.2 Crore to M/s Hi-Lite Projects Pvt. Ltd., a works contractor, by allowing them to avail a lower 4% tax rate under the...

Works Contractor Hi-LITE Projects- Kerala HC - lower tax rate under KVAT Act over Central Sales Tax Act - TAXSCAN

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