![Supreme Court Decision saving around 90,000 Re-Assessments: CBDT issues Instruction [Read Circular]](https://www.taxscan.in/wp-content/uploads/2022/05/Supreme-court-Re-Assessments-CBDT-taxscan.jpg "Supreme Court Decision saving around 90,000 Re-Assessments: CBDT issues Instruction [Read Circular]")
Supreme Court Decision saving around 90,000 Re-Assessments: CBDT issues Instruction [Read Circular]
The Central Board of Direct Taxes (CBDT) has issued an instruction in pursuance of the recent significant ruling of the Supreme Court saving around...
![Supreme Court denies ITC for availing Outdoor Catering Services to Employees [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/12/Toyota-Supreme-Court-ITC-Outdoor-Catering-Service-catering-Taxscan.jpg "Supreme Court denies ITC for availing Outdoor Catering Services to Employees [Read Order]")
![Relief to NDTV Promoters: Supreme Court stays recovery of Rs 27 cr Penalty imposed by SEBI [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Relief-NDTV-Promoters-SC-penalty-SEBI-taxscan.jpg "Relief to NDTV Promoters: Supreme Court stays recovery of Rs 27 cr Penalty imposed by SEBI [Read Order]")
Supreme Court bars Charging Compound Interest/Penal Interest On Borrower During Moratorium [Read Judgment]
The Supreme Court has directed that for installments that were due during the loan moratorium period from March 1 to August 31 last year, there should be no charging of compound interest, interest on...
![Supreme Court bars Charging Compound Interest/Penal Interest On Borrower During Moratorium [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/03/Supreme-Court-Compound-Interest-Penal-Interest-Borrower-Moratorium-Taxscan.jpeg "Supreme Court bars Charging Compound Interest/Penal Interest On Borrower During Moratorium [Read Judgment]")
![Supreme Court upholds validity of imposing of GST on Lotteries & Gambling [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/12/casino-gambling-GST.jpeg "Supreme Court upholds validity of imposing of GST on Lotteries & Gambling [Read Judgment]")
Agreement to Transfer of Right to use the Vessel would amount to a ‘Deemed Sale’, liable to be Taxed: SC [Read Judgment]
In a recent ruling, the Supreme Court of India has ruled that, agreement to Transfer of Right to use the Vessel would amount to a 'Deemed Sale' and hence liable to be taxed under Karnataka Sales Tax...
![Agreement to Transfer of Right to use the Vessel would amount to a ‘Deemed Sale’, liable to be Taxed: SC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2019/12/Deemed-Sale-Supreme-Court-Taxscan.jpg "Agreement to Transfer of Right to use the Vessel would amount to a ‘Deemed Sale’, liable to be Taxed: SC [Read Judgment]")
Exemption of Particular Duty does not Automatically Exempt Other Duty or Cess imposed by Different Legislation for a Different Purpose: SC [Read Judgment]
The Supreme Court of India ruled that when a particular kind of duty is exempted, other types of duty or cess imposed by different legislation for a different purpose cannot be said to have been...
![Exemption of Particular Duty does not Automatically Exempt Other Duty or Cess imposed by Different Legislation for a Different Purpose: SC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/05/Finance-Act-Supreme-Court-Taxscan.jpg "Exemption of Particular Duty does not Automatically Exempt Other Duty or Cess imposed by Different Legislation for a Different Purpose: SC [Read Judgment]")
Assessment Notice Sent to Wrong Address of the Assessee due to Non Updating of New Address in PAN is not Bad in Law: SC [Read Judgment]
The Supreme Court of India in the case of Principal Commr of Income Tax v M/s I-Ven Interactive Ltd holding in favour of the department, ruled that notice sent to wrong address of the assessee due to...
![Assessment Notice Sent to Wrong Address of the Assessee due to Non Updating of New Address in PAN is not Bad in Law: SC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/05/Transgenders-PAN-Card-Taxscan.jpg "Assessment Notice Sent to Wrong Address of the Assessee due to Non Updating of New Address in PAN is not Bad in Law: SC [Read Judgment]")