Suspicion of Speedy Loan Sanction alone not enough to Credit Misuse: Supreme Court discharges Ex-Central Bank Chairman [Read Judgement]
In a recent ruling, the Supreme Court of India ruled that mere suspicion of speedy loan sanction alone was insufficient proof of credit facility...
![Relief to Ericsson: Supreme Court upholds deletion of ₹64.43 Cr Penalty u/s 271G of Income Tax Act [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2024/09/Supreme-Court-Ericsson-Income-Tax-Income-Tax-Act-Ericsson-India-penalty-Section-271G-Income-Tax-Act-Ericsson-India-tax-penalty-case-taxscan.jpg "Relief to Ericsson: Supreme Court upholds deletion of ₹64.43 Cr Penalty u/s 271G of Income Tax Act [Read Judgement]")
![Confiscation Fine under Excise Rules Reduces on Lack of Evidence on Excess SSI Exemption Limit: Supreme Court List Matter on Miscellaneous Day [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2024/05/Supreme-Court-CESTAT-Confiscation-Fine-under-Excise-Rules-Excess-SSI-Exemption-Limit-Taxscan.jpg "Confiscation Fine under Excise Rules Reduces on Lack of Evidence on Excess SSI Exemption Limit: Supreme Court List Matter on Miscellaneous Day [Read Judgement]")
Labelling or Re-labelling Cartons Constitute 'Manufacture' under Central Excise Act for Cenvat Credit and Rebate: Supreme Court [Read Judgement]
The Supreme Court has ruled that the labelling or re-labelling or putting additional labels to the containers amounted to ‘Manufacture’ for Cenvat Credit and rebate under Central Excise Act, 1944....
![Labelling or Re-labelling Cartons Constitute Manufacture under Central Excise Act for Cenvat Credit and Rebate: Supreme Court [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2024/05/Supreme-Court-Labelling-cartons-Cenvat-Credit-Re-labelling-cartons-taxscan.jpg "Labelling or Re-labelling Cartons Constitute Manufacture under Central Excise Act for Cenvat Credit and Rebate: Supreme Court [Read Judgement]")
Amounts covered by Security deposits under Agreements Constitute Financial Debt: Supreme Court Upholds NCLAT order [Read Judgement]
The Supreme Court upheld the National Company Law Appellate Tribunal ( NCLAT ) order affirming that amounts covered by security deposits under agreements constitute financial debt. Justices Abhay...
Import of Cameras Stabilizer different than mentioned in Bill of Entry Amounts to Mis Declaration: Supreme Court upholds Penalties Imposed by CESTAT [Read Order]
In a recent case, the Supreme Court of India upheld the order of Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) and penalties and viewed that the import of cameras stabilizer...
![Import of Cameras Stabilizer different than mentioned in Bill of Entry Amounts to Mis Declaration: Supreme Court upholds Penalties Imposed by CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Supreme-Court-CESTAT-Import-of-Cameras-Stabilizer-Bill-of-Entry-TAXSCAN.jpg "Import of Cameras Stabilizer different than mentioned in Bill of Entry Amounts to Mis Declaration: Supreme Court upholds Penalties Imposed by CESTAT [Read Order]")
![Challenge on Income Tax Appeal: Supreme Court dismisses SLP [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2024/02/Income-Tax-Supreme-Court-Income-Tax-Appeal-SLP-Special-Leave-Petition-TAXSCAN.jpg "Challenge on Income Tax Appeal: Supreme Court dismisses SLP [Read Judgement]")
Challenge on Disallowance u/s 14A of Income Tax Act to be restricted to exempt Income Earned: SC Condones delay in SLP filed by Income Tax Dept [Read Oder]
The Supreme Court condoned delay in special leave petition ( SLP ) filed by Income Tax Department in the matter regarding a challenge on disallowance under Section 14A of the Income Tax Act, 1961 to...
![Challenge on Disallowance u/s 14A of Income Tax Act to be restricted to exempt Income Earned: SC Condones delay in SLP filed by Income Tax Dept [Read Oder]](https://www.taxscan.in/wp-content/uploads/2024/02/Income-Tax-Supreme-Court-Special-leave-petition-SLP-Income-Tax-Department-Delay-condonation-taxscan.jpg "Challenge on Disallowance u/s 14A of Income Tax Act to be restricted to exempt Income Earned: SC Condones delay in SLP filed by Income Tax Dept [Read Oder]")
Penalty Due to Incorrect Classification of Service u/s Section 76 of GST Act: SC Rejects Review Petition in 3i Infotech Case [Read Order]
The Supreme Court has found no reason to take up the review petition filed by the assessee. the review petition for listing the review. The two judge bench rejected the review petition filed by the...
![Penalty Due to Incorrect Classification of Service u/s Section 76 of GST Act: SC Rejects Review Petition in 3i Infotech Case [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/Supreme-Court-GST-Penalty-Due-to-Incorrect-Classification-of-Service-Penalty-Supreme-court-rejects-review-TAXSCAN.jpg "Penalty Due to Incorrect Classification of Service u/s Section 76 of GST Act: SC Rejects Review Petition in 3i Infotech Case [Read Order]")
SLP against Sale Tax Demand: Supreme Court stays Sales Tax Recovery Proceedings until Final Order [Read Order]
The Supreme Court of India stayed the sales tax recovery proceedings until the final hearing of Special Leave Petition ( SLP ) Against Sale Tax Demand. The SLP arose out of the impugned final...
