Challenge on Applicability of Penalty under Amended Rule of M.P Foreign Liquor Rules: Supreme Court directs to Apply Amended Rule [Read Judgement]
In the case where the challenge on the applicability of the Amended Rule in Madhya Pradesh (MP) Foreign Liquor Rules,1996, the Supreme Court directed...
![VAT Refunds to be disbursed along with Interest u/s 42 of DVAT Act: SC dismisses SLP [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/VAT-Refunds-Disbursed-Interest-DVAT-Act-SC-SLP-taxscan.jpg "VAT Refunds to be disbursed along with Interest u/s 42 of DVAT Act: SC dismisses SLP [Read Order]")
![Re Opening of Assessment under Income Tax is not allowable in absence of Valid Satisfaction on Income Escapement: Supreme Court dismisses SLP [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/Income-Tax-Income-Tax-Assessment-Income-Escapement-Supreme-Court-SLP-Special-Leave-Petition-taxscan.jpg "Re Opening of Assessment under Income Tax is not allowable in absence of Valid Satisfaction on Income Escapement: Supreme Court dismisses SLP [Read Order]")
![Interpretation of Section 32(2) of Income Tax Act: SC disposes of SLP filed by Income Tax Dept [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/Supreme-Court-Income-Tax-Income-Tax-Department-SLP-taxscan.jpg "Interpretation of Section 32(2) of Income Tax Act: SC disposes of SLP filed by Income Tax Dept [Read Order]")
Deletion of Addition on Submission of Proper Cash Book: SC dismisses SLP filed by Income Tax Dept [Read Judgement]
The Supreme Court of India dismissed a special leave petition ( SLP ) filed by the Income Tax Department in the challenge regarding the deletion of addition on submission of proper cash book. The...
![Deletion of Addition on Submission of Proper Cash Book: SC dismisses SLP filed by Income Tax Dept [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2024/02/Deletion-of-Addition-Supreme-Court-Income-Tax-Income-Tax-department-Proper-Cash-Book-TAXSCAN.jpg "Deletion of Addition on Submission of Proper Cash Book: SC dismisses SLP filed by Income Tax Dept [Read Judgement]")
CA Misconduct: Supreme Court dismisses Decade Old Challenge, upholds Referral Powers of ICAI Board of Discipline
A Two-Judge Bench of the Supreme Court has dismissed a challenge to a rule that enables the Institute of Chartered Accountants of India ( ICAI ) Board of Discipline to refer a complaint for...
Failure to Prove Genuineness of Cash Gift of Rs. 42 Lakhs: SC Upholds Income Tax Addition [Read Order]
The Supreme Court of India upheld the order of the Allahabad High Court (HC) by which the set aside the deletion of  the Income Tax Addition. The HC upheld the addition of Rs.42 Lakhs cash received...
![Failure to Prove Genuineness of Cash Gift of Rs. 42 Lakhs: SC Upholds Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/Failure-Prove-Genuineness-Cash-Gift-SC-Income-Tax-taxscan.jpg "Failure to Prove Genuineness of Cash Gift of Rs. 42 Lakhs: SC Upholds Income Tax Addition [Read Order]")
Import of "Concrete Batching Plant" Not eligible for Customs Exemption Claim: Supreme Court rejects plea
A two member bench of Supreme Court has held that that the import of the "Concrete batching plant" by Gammon cannot be considered an import by M/s GammonAtlanta JV, "a person" awarded the contract...
Declaration by the Company of tax arrears does not cover the tax arrears of the Directors: SC upholds HC judgment [Read Order]
A two member bench of the SC has dismissed the Special Leave Petition requesting for the waiving the liability of the Directors of Seville Products Ltd. The bench has held the proposal to impose...
Service Tax on Receipts from 'Special Purpose Vehicles': Supreme Court issues Notice to ICICI [Read Order]
The Supreme Court has dismissed the claims of the assessee regarding the use of Special Purpose Vehicles. The Supreme Court has allowed the request for condonation of delay made by Revenue The...
![Service Tax on Receipts from Special Purpose Vehicles: Supreme Court issues Notice to ICICI [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Service-Tax-Special-Purpose-Vehicles-Supreme-Court-Notice-ICICI-Receipts-Taxscan.jpg "Service Tax on Receipts from Special Purpose Vehicles: Supreme Court issues Notice to ICICI [Read Order]")