![Clarificatory Circular aiding Parent Provision can be Retrospective: Supreme Court sustains 1% AIR Customs Duty on Soyabean Meal [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Supreme-Court-Customs-Duty-on-Soybean-Meal-TAXSCAN.jpg "Clarificatory Circular aiding Parent Provision can be Retrospective: Supreme Court sustains 1% AIR Customs Duty on Soyabean Meal [Read Order]")
Clarificatory Circular aiding Parent Provision can be Retrospective: Supreme Court sustains 1% AIR Customs Duty on Soyabean Meal [Read Order]
The Supreme Court of India recently clarified the retrospective applicability of clarificatory circulars issued against a statute, while proceeding...
![Supreme Court Upholds Gujarat HC Verdict: Pre-Deposit via Electronic Credit Ledger Valid for GST Appeals, Rejects Dept’s SLP [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2025/05/Supreme-Court-Supreme-Court-Upholds-Gujarat-HC-taxscan.jpg "Supreme Court Upholds Gujarat HC Verdict: Pre-Deposit via Electronic Credit Ledger Valid for GST Appeals, Rejects Dept’s SLP [Read Judgement]")
![Supreme Court remands Income Tax Matter for Determination of Purpose of Short Term FD Accounts, Nature Of Income [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2024/10/Supreme-Court-Income-Tax-Matter-Determination-of-Purpose-FD-Accounts-Nature-Of-Income-TAXSCAN.jpg "Supreme Court remands Income Tax Matter for Determination of Purpose of Short Term FD Accounts, Nature Of Income [Read Judgement]")
No Formal Notice to Income Tax Dept in High Court Hearing: Supreme Court allows Petitioner to Raise Jurisdictional Error w.r.t. Limitation Period [Read Order]
The Supreme Court has allowed a petitioner to raise the issue of jurisdictional error vis-Ã -vis limitation period, as a formal notice of hearing was not issued to the Income Tax Department standing...
![No Formal Notice to Income Tax Dept in High Court Hearing: Supreme Court allows Petitioner to Raise Jurisdictional Error w.r.t. Limitation Period [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/Supreme-Court-Income-Tax-Jurisdictional-Error-Limitation-Period-TAXSCAN.jpg "No Formal Notice to Income Tax Dept in High Court Hearing: Supreme Court allows Petitioner to Raise Jurisdictional Error w.r.t. Limitation Period [Read Order]")
Formation of Trust for Compliance of CSR Requirements not Reason for Denying Registration u/s 12AA of Income Tax Act: SC condones Delay of 265 Days [Read Order]
The Supreme Court condoned delay of 265 days in the challenge regarding the judgment that the formation of trust for compliance of corporate social responsibility ( CSR ) requirements not reason for...
![Formation of Trust for Compliance of CSR Requirements not Reason for Denying Registration u/s 12AA of Income Tax Act: SC condones Delay of 265 Days [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/Supreme-Court-Income-Tax-Formation-of-Trust-Denying-Registration-TAXSCAN.jpg "Formation of Trust for Compliance of CSR Requirements not Reason for Denying Registration u/s 12AA of Income Tax Act: SC condones Delay of 265 Days [Read Order]")
Monetary Limits for Filing of Income Tax Appeals by Department: SCÂ dismisses Revenue Appeal w.r.t low Tax Effect [Read Order]
In a recent case, the Supreme Court while observing the monetary limits for filing of income tax appeals by the department dismissed the revenue appeal with respect to the low tax effect. The...
![Monetary Limits for Filing of Income Tax Appeals by Department: SCÂ dismisses Revenue Appeal w.r.t low Tax Effect [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/Supreme-Court-SC-Income-Tax-Appeals-Revenue-Appeal-Monetary-Limits-Income-Tax-Appeals-Taxscan.jpg "Monetary Limits for Filing of Income Tax Appeals by Department: SCÂ dismisses Revenue Appeal w.r.t low Tax Effect [Read Order]")
ITR Filed without Regular Balance Sheet and Profit & Loss Account is Defective, not invalid; AO holds Responsibility for Notifying Defects: Supreme Court [Read Judgement]
The Supreme Court has asserted that Income Tax Returns ( ITRs ) filed without a regular balance sheet and profit and loss account may be deemed defective but are certainly not invalid. The decision,...
![ITR Filed without Regular Balance Sheet and Profit & Loss Account is Defective, not invalid; AO holds Responsibility for Notifying Defects: Supreme Court [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2024/01/itr-income-tax-returns-supreme-court-ITR-filing-defects-Supreme-Court-ruling-on-ITR-taxscan.jpg "ITR Filed without Regular Balance Sheet and Profit & Loss Account is Defective, not invalid; AO holds Responsibility for Notifying Defects: Supreme Court [Read Judgement]")
