Bureaucratic delays can’t be condoned for Filing Appeal beyond Limitation Period, reiterates SC [Read Order]
The Apex Court reiterated that Bureaucratic delays can not be condoned for filing appeal beyond limitation period. The petitioner, Pr....
![ITAT allows Section 80P Deduction to Advocates Mutually Aided Co-op Societies despite Loans to Non-Agriculture Members [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/ITAT-Section-80P-Deduction-Advocates-Mutually-Aided-Co-op-Societies-despite-Loans-Non-Agriculture-Members-Taxscan.jpg "ITAT allows Section 80P Deduction to Advocates Mutually Aided Co-op Societies despite Loans to Non-Agriculture Members [Read Order]")
Supreme Court orders Absolute Confistication of Peas and Pulses, re-export only after recovery of necessary Redemption Fine [Read Judgment]
The Supreme Court ordered the absolute Confistication of Peas and Pulses and directed that re-export be allowed only after recovering the necessary redemption fine. The appellant, Custom...
TDS on Indirect Transfer of Capital Assets deriving Value substantially from Assets situate in India prior to Retrospective Amendments hit by Doctrine of Impossibility: ITAT
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench ruled that the TDS on indirect transfer of capital assets deriving value substantially from assets situated in India prior to retrospective...
Relief to Dreamz Infra India: Karnataka High Court quashes Parallel Proceedings by State Govt. as IBC to override State Act [Read Order]
The Karnataka High Court while quashing the parallel Proceedings by the State Government against Dreamz Infra India ruled that the Insolvency and Bankruptcy Code, (2016 (IBC) will have an overriding...
![Relief to Dreamz Infra India: Karnataka High Court quashes Parallel Proceedings by State Govt. as IBC to override State Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/Dreamz-Infra-India-Karnataka-High-Court-State-Govt-IBC-State-Act-Taxscan.jpg "Relief to Dreamz Infra India: Karnataka High Court quashes Parallel Proceedings by State Govt. as IBC to override State Act [Read Order]")
SC stays Delhi HC order declaring IGST Imposition on Oxygen Concentrators Imported by Individuals as Unconstitutional
The Apex Court on Tuesday stayed the Delhi High Court order declaring the imposition of Integrated Goods and Services Tax (IGST) on the import of oxygen concentrators as gifts for personal use to be...
![Supreme Court upholds provisions of IBC on Corporate Debt Recovery from Personal Guarantors [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/05/Supreme-Court-IBC-Corporate-Debt-Recovery-Personal-Guarantors-taxscan.jpg "Supreme Court upholds provisions of IBC on Corporate Debt Recovery from Personal Guarantors [Read Judgment]")
Relief to Reliance: Deductions for Profits and Gains from Industrial Undertakings not to be confined to 'Business Income' Only, rules Supreme Court
The Supreme Court of India has ruled that the Deductions for profits and gains from industrial undertakings under Section 80-IA must not be confined to 'Business Income' only. The Assessing...
High Court not to use Inherent power to undermine statutory dictate under Sections 14 and 17 IBC: Supreme Court [Read Judgment]
The Supreme Court has ruled that the inherent power of the High Court under Section 482 of the Code of Criminal Procedure should not be used to undermine statutory dictate under Sections 14 and 17 of...
![High Court not to use Inherent power to undermine statutory dictate under Sections 14 and 17 IBC: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/04/High-Court-Inherent-power-statutory-dictate-Sections-14-and-17-IBC-Supreme-Court-Taxscan.jpg "High Court not to use Inherent power to undermine statutory dictate under Sections 14 and 17 IBC: Supreme Court [Read Judgment]")