Supreme Court and High Court Weekly Round-Up
This weekly round-up analytically summarises the key tax judgments of the Supreme Court and all High Courts reported at Taxscan.in during the...
![Supreme Court upholds Calcutta HC Verdict granting GST ITC to Purchaser except in Exceptional Cases [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/supreme-Court-ITC-GST-Calcutta-High-Court-TAXSCAN.jpg "Supreme Court upholds Calcutta HC Verdict granting GST ITC to Purchaser except in Exceptional Cases [Read Order]")
![Supreme Court Condones Delay of SLP filed by Income Tax Dept [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Supreme-Court-Condones-Delay-SLP-Income-Tax-TAXSCAN.jpg "Supreme Court Condones Delay of SLP filed by Income Tax Dept [Read Order]")
![Relief to Ad2pro Media: SC dismisses SLP by Income Tax Dept [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/site-image-13.jpg "Relief to Ad2pro Media: SC dismisses SLP by Income Tax Dept [Read Order]")
![No Income Tax payable on Amount of Profit Transferred u/s 29(2)of SIDBI Act: Supreme Court Grants Leave [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Income-Tax-payable-Amount-of-Profit-Profit-Transferred-Profit-Supreme-Court-Grants-Leave-TAXSCAN.jpg "No Income Tax payable on Amount of Profit Transferred u/s 29(2)of SIDBI Act: Supreme Court Grants Leave [Read Order]")
![525 Days Delay in filing SLP by Income Tax Commissioner: Supreme Court Dismisses SLP [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/filing-SLP-Income-Tax-Commissioner-Income-Tax-Supreme-Court-Dismisses-SLP-Supreme-Court-taxscan.jpg "525 Days Delay in filing SLP by Income Tax Commissioner: Supreme Court Dismisses SLP [Read Order]")
Interim Relief to Flipkart: Supreme Court stays Patna HC's Rejection of GST Appeal for Pre-Deposit from ECRL instead of ECL, issues Notice
In a major relief to Flipkart Internet, The Supreme Court has issued a stay to the rejection of appeals by Patna High Court as non-maintainable for payment of Pre-Deposit for Goods and Services Tax...
[BREAKING] Supreme Court upholds Adoption of Written Down Value Method for Computing Depreciation of Assets used by Jindal Steel & Power for Power Generation [Read Order]
The Supreme Court of India, in a major relief to Jindal Steel and Power, upheld the adoption of Written Down Value (WDV) method in place of the straight line method while computing depreciation on...
[BREAKING] Supreme Court refuses to decide Revenue/Capital Nature of Carbon Credit Receipts as not raised by Department in Jindal Steel & Power Case [Read Order]
The Apex Court has refused to give a verdict on the issue whether Carbon Credit is a revenue or capital receipt as not pressed by the department in a batch of Income tax appeals against Jindal Steel...
[BREAKING] Relief to Jindal Steel: Supreme Court dismisses Revenue Appeal, upholds computation of Market Value of Electricity for Deduction u/s 80IA [Read Judgement]
In a major relief to Jindal Steel and Power, the Supreme Court has upheld the computation of market value of electricity for deduction under Section 80IA of the Income Tax Act, 1961. The issue at...
