The Supreme Court while upholding the decision of the High Court, held that the purchase turnover of the empty bottles purchased by the assessee from the unregistered dealers under the bought note is exigible to purchase...
The Supreme Court of India on Monday said that the Institute of Chartered Accountant of India (ICAI) must be flexible on the Chartered Accountant (CA) Exam ‘Opt-Out’ option and directed the institute to modify the...
The Finance Ministry has extended the deadline of the Aadhaar-PAN linking till 31st March 2021. Earlier, the Ministry had extended the due date for linking Aadhaar with PAN from March 31, 2020, to June 30th,...
This article aims to set a premise pertaining to the ongoing lockdown in the nation and to test the same on two facets of privacy. One, privacy as understood by the American Courts under the...
The Supreme Court of India, while dismissing the appeal held that the appellant has failed to bring any material on record to show if it had received any specific consideration from foreign enterprises to the...
The Supreme Court of India recently directed the Debt Recovery Tribunal (DRT) to transmit the rent which they have received from property that has been attached to the Amrapali Account maintained by the Registry of...
The Ministry of Statistics &Programme Implementation (MoSPI) invites applications from willing and eligible candidates for 3 positions of Young Professionals (YPs) and 3 positions of Consultants in the Legal field. The Ministry of Statistics and...
The constitutional bench of the Supreme Court of India held that the cooperative banks under the State legislation and Multi State co-operative banks are ‘banks’ under section 2(1)(c) of Securitisation and Reconstruction of Financial Assets...
The Supreme Court of India issued notice to the Tamil Nadu Government returnable in two weeks on the Korean nationals alleged for Goods and Service Tax (GST) offense and were denied bail by the High...
The Supreme Court of India held that Rule 9 (1)(e) of Customs Valuation (Determination of Price) of Imported Goods Valuation Rules, 1988 can not be automatically applied to every import which has surface features of...
In a significant ruling, a two-judge bench of the Supreme Court has granted relief to UAE Exchange by holding that its liaison office in India would not constitute a “Permanent Establishment” for the purpose of...
The Supreme Court of India held that the industrial policies or notifications cannot be hit by the doctrine of promissory estoppel. The court was of the view that industrial policies or notifications are issued in...
The High Court of Madras on Friday issued the additional guidelines for the E-filings and E-stamping amid COVID-19 lockdown. The notification is issued as a measure by the Chief Justice of Madras High Court to...
In the wake of the outbreak of pandemic Coronavirus (COVID-19), the Rajasthan High Court enabled the E-Filing facility for urgent matters. It is notified that the facility of e-filing of urgent cases in Rajasthan High...
A two-judge bench of the Madras High Court has held that the deductions under sections 10A and 10B of the Income Tax Act, 1961 should be calculated while the computation of gross total income and...
The Supreme Court of India issued guidelines for courts to shift to video conferencing during the coronavirus (COVID-19) pandemic. The Supreme Court on Monday directed all district courts in the country to switch to video...
With the introduction of the Prevention of Money Laundering ( PMLA ) Act, 2002 (‘Act’), which was made effective from 01.07.2005, a number of legal issues arose, which required adjudication in various courts and competent...
To overcome the pandemic disease COVID-19 the Supreme Court of India removed the limitation period from the proceedings from March 15, 2020, till further orders are passed. The Supreme Court of India consisting of the...
The Supreme Court of India, in the fight against Coronavirus (COVID-19), forbids the physical entry into court premises, encouraged video conferencing as the mode of hearing and ordered for the sealing of Lawyer’s chambers. The...
The Supreme Court has stayed the orders of the High Court of Allahabad and Kerala restraining the government from the recovery of Tax on the account of the outbreak of COVID-19. The Special Leave Petition...
The Delhi High Court has held that the Non-Executive Directors of a company are exempted from Cheque Dishonour Proceedings under Section 138 of the Negotiable Instrument Act, 1881. In the case of Sunita Palta vs....
© 2020 Taxscan | Simplifying Tax Laws
