The Supreme Court allowed the appellant, Sterlite Optical Technologies to withdraw appeal in respect of the excise component under Sabka Vishwas (Legacy Dispute Resolution) (SVLDR) Scheme, 2019. The appellant, went under the Sabka Vishwas (Legacy...
The Supreme Court has recommended the Central Government to consider the efficacy of the advance tax ruling system and make it more comprehensive as a tool for settlement of disputes rather than battling it through...
The Supreme Court held that for application of subsequent legislation retrospectively it is necessary to show that the previous legislation had any omission or ambiguity or it was intended to explain an earlier act. The...
The Gujarat Authority of Advance Ruling (AAR) ruled that the educational assessment examination, Assessment of Scholastic Skills Through Educational Testing (ASSET) provided to school/educational organizations is exempted from the payment of GST. The Applicant, M/s....
The Supreme Court held that Approval of Resolution Plan (RP) not to be interfered with, if the Committee of Creditors (CoC) considered all factors. The Appellant, Karad Urban Cooperative Bank Ltd., which is the financial...
The Supreme Court held that Bangalore Club is not liable to pay wealth tax under the Wealth Tax Act, 1957. The Appellant, Bangalore Club founded in 1868 by a group of British officers with the...
The Supreme Court held that the levy of Anti-dumping duty can only be for a limited period. The Andhra Petro applied to the Central Government, seeking imposition of anti-dumping duty on imports of normal Butanol...
The Karnataka Authority of Advance Ruling (AAR) ruled that 12% Goods and Service Tax (GST) is applicable on the security excise adhesive labels. The applicant, M/s Marketing Communication & Advertising Ltd. has sought an advance...
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 natural gas, Compressed Natural Gas (CNG)...
The National Company Law Appellate Tribunal (NCLAT) ordered the National Company Law Tribunal (NCLT) to constitute a bench consisting of Judicial Member and Technical Member for disposal of matter as per the directions of the...
The Supreme Court while upholding the assessment of AO held that the date of award is the date of accrual of capital gains for the purpose of Section 45 of the Act of 1961. The...
The Central Board of Indirect Taxes and Customs (CBIC), on Friday, issued the revised guidelines for conducting the personal hearing by virtual mode under CGST Act, 2017; IGST Act, 2017, Customs Act, 1962, Central Excise...
The Supreme Court laid down detailed principles to keep in mind while determining the value of the Excisable Goods. The appeals were disposed of by the Supreme Court, confirming the impugned orders of CESTAT setting...
The PM Cares Fund is a voluntary fund registered as a public charitable trust necessitated due to the emergent situation borne out of COVID-19 pandemic, the Supreme Court said on Tuesday, ruling that it is...
The Supreme Court on Tuesday dismissed a petition seeking the transfer of money in PM CARES Funds to the National Disaster Relief Fund. The Apex Court said that a fresh national disaster plan for COVID-19...
In the light of the Supreme Court’s decision, the Madras High Court reaffirmed that amendment relaxing the disallowance under Section 40(a)(ia) of the Income Tax Act is retrospective and curative in nature. The revenue filed...
The Supreme Court on Monday dismissed the plea filed by the TMC MP Mahua Moitra challenging Central Government’s circular excluding Chief Minister’s Relief Fund from the purview of Corporate Social Responsibility (CSR). The plea stated...
The Supreme Court on Wednesday sought response from the Centre on a plea against a notification which exempts public and private companies, having paid-up capital of less than Rs 10 crore, from appointing a full-time...
The Supreme Court, while upholding the order of the Punjab and Haryana High Court, dismissed the appeal of a former Patwari, an official Revenue Department of State of Punjab, who was convicted for demanding a...
The Supreme Court, while setting aside the judgment of the Delhi High Court held that the High Court must formulate the substantial question of law and only thereafter hear an appeal on merits. The revenue...
The Supreme Court while quashing the order of the ITAT, held that the office of Samsung Heavy Industries at Mumbai, India which is established merely for the sake of communication is not covered under the...
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