The Supreme Court in Mahabir Industries vs. Principal Commissioner of Income Tax, held that the periods for which deductions were availed earlier by an assessee under Section 80-IA and Section 80-IB of the Income Tax

After 25 Years, the Delhi High Court has acquitted Assistant Commissioner-V, Sales Tax for allegedly demanding Rs.4,000 as illegal gratification. The case stems from a complaint made by one Gulshan Kumar Sikri against the then

The Central Board of Direct Taxes ( CBDT ) has introduced a New Column for Transgenders in PAN Application Form i.e., Form 49A and Form 49AA by amending the Income Tax Rules, 1962. In a

A two-judge bench of the Supreme Court has upheld the order of the Delhi High Court wherein the Court observed that section 2(22)(e) of the Income Tax Act, 1961 would not attract in a case

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.

The Supreme Court has dismissed the Revenue department’s appeal against Delhi High Court verdict holding Arrest of MakeMyTrip officials by DGCEI without Show Cause Notice (SCN) is unconstitutional. The Supreme Court was considering the question

In a recent Judgment of Jayam & Co. vs Assistant Commissioner and Anr, the division bench of Supreme Court has struck down retrospective effect given to Amendment of Sub-section(20) of Section 19 of the Tamil

The Supreme Court, on Monday, reversed the Delhi High Court order allowing the taxpayer to file an income tax return without linking PAN with Aadhaar and the rule must be compulsorily followed from the assessment

In a recent ruling, the Apex Court held that the income from sub-letting Shop Rooms and Stalls are assessable under the head “Income from House Property” under the Income Tax Act when the assessee has

In a recent judgment, the Supreme Court of India quashed the anticipatory bail filed under section 438 of the Criminal Procedure Code, 1973 against the investigation initiated for non-disclosure of PAN number and Tax Deducted

While upholding the provision imposing levy of tax under the Bihar Motor Vehicles Taxation Act, 1994, a two-judge bench of the Supreme Court has held that the manufacturer is liable to pay tax for the

In the case of Sky Light Hospitality LLP vs Assistant Commissioner of Income Tax, the Supreme Court dismissed the special leave petition filed by the Sky Light Hospitality LLP firm linked to Mr. Robert Vadra,

The division bench of the Supreme Court has held that Section 12A of the Commercial Courts Act, which mandates pre- institution mediation, is mandatory and suits which are filed violating this mandate are liable to

A two-judge bench of the Supreme Court has today upheld the validity of the Goods and Services Tax (Compensation to States) Act, 2017 enacted by Parliament as well as the Goods and Services Tax Compensation

The Supreme Court last week held that the amounts paid as part of the lease premium or biannual or annual payments for a limited/specific period towards the acquisition of leasehold rights are not subject to