CBIC clarifies Extension of Limitation under GST Law in terms of Supreme Court’s Order [Read Circular]
The Central Board of Indirect Tax and Customs (CBIC) issued the clarification extension of limitation under GST Law in terms of the Supreme Court’s Order dated April 27, 2021. “We, therefore, restore the order dated
Supreme Court rejects Eveready Industries India Ltd’s Claim for Exemption under KST Act [DOWNLOAD JUDGMENT]
The Supreme Court today refused to grant an exemption to the Eveready Industries India Ltd under the KST Act. The appellant is a registered dealer under the Karnataka Tax on Entry of Goods Act, 1979.
Bombay HC set aside order rejecting GST Refund Application as period from March 15, 2020 till Feb 28, 2022 was excluded for the Purposes of Limitation [Read Order]
The Bombay High Court directed the department to accept the GST Refund Application as the period of limitation fell between the period excluded by the Supreme Court. The Petitioner, Saiher Supply Chain Consulting filed the
Establishment of Supreme Court Bench Outside Delhi has not Found Favour with Supreme Court, says Law Ministry
The Law Ministry has announced the establishment of the Supreme Court Bench outside Delhi has not found Favour with the Supreme Court. The Eleventh Law Commission in its 125th Report titled “The Supreme Court –
Supreme Court to hear plea challenging mandates of opening primary FCRA Account at SBI New Delhi
A plea has been filed in the Supreme Court challenging Section 17 of the Foreign Contribution (Regulation) Act, 2010 which specifies mandates of opening a primary FCRA account at SBI New Delhi. The petitioner, Jeevan
Supreme Court suo moto withdraws Extension of Limitation Period for cases from Oct 2 [Read Order]
The Supreme Court said it would be recalling a previous suo motu order, which extended the limitation period for filing cases in view of the second wave of the coronavirus pandemic. The extension of the
Keep Taxation System Convenient and Simple: Supreme Court to Govt [Read Judgment]
The Supreme Court recently advised the central government to keep the taxation system convenient and simple. A two-judge bench of Justices Sanjay Kishan Kaul and Hrishikesh Roy observed that just as the Government does not
Supreme Court upholds Trust Registration Cancellation for receiving Bogus Donations [Read Judgment]
The Apex Court has upheld the cancellation of Trust Registration for receiving Bogus Donations. In a survey conducted on an entity named School of Human Genetics and Population Health, Kolkata under Section 133A of the
Supreme Court, High Courts Weekly Round-Up
This weekly round-up analytically summarizes the key stories related to the Supreme Court and High Courts reported at Taxscan.in during the previous week from October 25 to October 30, 2021. UOI Vs. Bharti Airtel In
Supreme Court and High Courts Weekly Round-Up
This weekly round-up analytically summarizes the key stories related to the Supreme Court and High Court reported at Taxscan.in during the previous week from March 13th to March 20th, 2022. PRINCIPAL COMMISSIONER OF INCOME TAX
Supreme Court quashes Recommendation To De-Register CA as ICAI didn’t assign any reason [Read Judgment]
The Supreme Court quashed the recommendation to De-Register CA as the Institute of Chartered Accountants of India (ICAI) did not assign any reason. The appellant­, D.K. Agrawal is a chartered accountant having his Office as
NCLAT not Empowered to condone delay exceeding 15 days from Period of 30 days under the provision of IBC: Supreme Court [Read Judgment]
The Supreme Court held that the National Company Law Appellate Tribunals (NCLAT) are not empowered to condone delay exceeding 15 days from the period of 30 days under the provision of the Insolvency and Bankruptcy
Supreme Court and High Courts Weekly Round-up
This weekly round-up analytically summarizes the key stories related to the Supreme Court and High Court reported at Taxscan.in during the previous week from May 1st to the 7th, 2022. Gulmuhar Silk Pvt Ltd v.
Supreme Court modifies CESTAT Order, Sets aside Penalty to the Extent of Rs. 25 Lakhs Imposed on Resort Directors [Read Judgement]
In the Interest of justice, the Supreme Court made a minor adjustment to the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) order, which nullified the penalty of Rs. 25 lakhs imposed on the directors
Demonetization and Withdrawal of 2000 Rupee Notes from Circulation: Causes and Effects
It has been almost a little more than six years since the Government demonetized the classic and much beloved 1000 and 500 rupee notes, in an attempt to curb circulation and accumulation of black money