Burden of Proof on accused to prove Cheque was not issued for discharge of Debt or Liability: Supreme Court interprets NI Act [Read Judgment]
The Supreme Court has reaffirmed that under the Negotiable Instruments Act (NI Act), the burden of proof is on the accused to show that a cheque was...
![Collusive or Sham Transactions with a Corporate Debtor won’t amount to ‘Financial Debt’: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/02/Collusive-Sham-Transactions-Corporate-Debtor-Financial-Debt-Supreme-Court-Taxscan.jpg "Collusive or Sham Transactions with a Corporate Debtor won’t amount to ‘Financial Debt’: Supreme Court [Read Judgment]")
Supreme Court saves Importers from 200% enhanced Customs Duty on Pakistan imports post-Pulwama attack [Read Judgment]
The Supreme Court rescued importers who were required to pay an elevated customs duty of 200% on import of products from Pakistan due to the Centre’s unexpected tariff enhancement on imports after...
![Supreme Court saves Importers from 200% enhanced Customs Duty on Pakistan imports post-Pulwama attack [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/09/Supreme-Court-customs-duty-importers-Pulwama-Attack-Taxscan.jpeg "Supreme Court saves Importers from 200% enhanced Customs Duty on Pakistan imports post-Pulwama attack [Read Judgment]")
Gas regulating measuring Equipment installed at Customers site is Taxable service, says Supreme Court [Read Judgment]
The Supreme Court held that gas regulating measuring equipment installed at customers’ sites is taxable service. The respondent company, M/s Adani Gas Ltd. was in the business of distributing...
![Gas regulating measuring Equipment installed at Customers site is Taxable service, says Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/08/taxable-service-equipment-installed-Customers-Taxscan.jpg "Gas regulating measuring Equipment installed at Customers site is Taxable service, says Supreme Court [Read Judgment]")
Supreme Court expunges Personal Remarks made against Commercial Tax Officer in Karnataka HC Order [Read Order]
The Supreme Court expunged personal remarks made against Commercial Tax Officers in an order passed by Karnataka High Court. An order of reassessment passed by the petitioner, Sujata K.C. who was the...
Revised Return can be Filed Belatedly by the Companies Incorporated under Schemes of Arrangement and Amalgamation: Supreme Court [Read Judgment]
In a significant ruling, the Supreme Court of India held that the companies incorporated under Schemes of Arrangement and Amalgamation can file revised return after the due date because delay occurred...
![Revised Return can be Filed Belatedly by the Companies Incorporated under Schemes of Arrangement and Amalgamation: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/08/Supreme-Court-of-India-Taxscan-min.jpg "Revised Return can be Filed Belatedly by the Companies Incorporated under Schemes of Arrangement and Amalgamation: Supreme Court [Read Judgment]")
![No Recall of Ex-parte Order If in-person notice was served to Company’s CA: SC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/08/Chartered-Accountant-CA-Taxscan.jpg "No Recall of Ex-parte Order If in-person notice was served to Company’s CA: SC [Read Judgment]")
![Supreme Court dismisses Hundreds of Cases after Hike in Monetary Limit for Tax Appeals [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/09/Aadhaar-Supreme-Court-of-India-Taxscan.jpg "Supreme Court dismisses Hundreds of Cases after Hike in Monetary Limit for Tax Appeals [Read Order]")