![No TDS applicable u/s 194H in B2B Transactions if assessee not responsible for paying Income Tax or Filing Returns: Supreme Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/Supreme-Court-B2B-transactions-TDS-exemption-Tax-deduction-on-payments-Filing-returns-for-TDS-exemption-taxscan.jpg "No TDS applicable u/s 194H in B2B Transactions if assessee not responsible for paying Income Tax or Filing Returns: Supreme Court [Read Order]")
No TDS applicable u/s 194H in B2B Transactions if assessee not responsible for paying Income Tax or Filing Returns: Supreme Court [Read Order]
The Supreme Court of India has held that, “the assessees would not be under a legal obligation to deduct tax at source on the income/profit component...
![Relief to ZTE Corporation: SC dismisses Review Petition filed by Income Tax Dept [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/ZTE-Corporation-Income-Tax-Dept-Supreme-Court-TAXSCAN.jpg "Relief to ZTE Corporation: SC dismisses Review Petition filed by Income Tax Dept [Read Order]")
Non modification of Figures in Instructions issued by CBEC even after Lapse of 12 years: Supreme Court directs to file Affidavit of Secretary, Ministry of Finance [Read Order]
The Supreme Court of India directed to file affidavit of the Secretary of Ministry of Finance as there was non-modification of figures in the instructions issued by the Central Board of Excise and...
Relief to Asian Paints: Supreme Court upholds Bombay HC's Decision to Quash Reassessment Proceedings; Dismisses SLPs of Income Tax Dept [Read Order]
The Supreme Court, in favour of Asian Paints, has affirmed the Bombay High Court's ruling, which invalidated the reassessment proceedings initiated against the company. The bench has rejected the...
![Relief to Asian Paints: Supreme Court upholds Bombay HCs Decision to Quash Reassessment Proceedings; Dismisses SLPs of Income Tax Dept [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Relief-Asian-Paints-Supreme-Court-upholds-Bombay-HCs-Quash-Reassessment-Proceedings-SLPs-Income-Tax-Dept-taxscan-1.jpg "Relief to Asian Paints: Supreme Court upholds Bombay HCs Decision to Quash Reassessment Proceedings; Dismisses SLPs of Income Tax Dept [Read Order]")
Transformer Dispute: Supreme Court Directs SPML Infra to Submit Affidavit Disclosing ITC Benefits and Transformer Usage Details with Balance Sheet [Read Judgement]
The Supreme bench, while entertaining the appeal filed by the East India Udyog Ltd, has directed the SPML Infra Ltd (respondents) to submit the affidavit disclosing the Goods and Services Tax (GST)...
![Transformer Dispute: Supreme Court Directs SPML Infra to Submit Affidavit Disclosing ITC Benefits and Transformer Usage Details with Balance Sheet [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2023/10/Transformer-Dispute-Supreme-Court-Directs-SPML-Infra-Affidavit-Disclosing-ITC-Supreme-Court-Balance-Sheet-taxscan.jpg "Transformer Dispute: Supreme Court Directs SPML Infra to Submit Affidavit Disclosing ITC Benefits and Transformer Usage Details with Balance Sheet [Read Judgement]")
Disallowance owing to State Government Grants towards Cost of Capital Assets: Supreme Court issues Notice to Maharashtra State Electricity Distribution Co. Ltd. [Read Order]
The Supreme Court has issued notice to the respondent, Maharashtra State Electricity Distribution Co. Ltd, in an appeal preferred by the Pr. CIT with regard to the issue of disallowance owing...
![Disallowance owing to State Government Grants towards Cost of Capital Assets: Supreme Court issues Notice to Maharashtra State Electricity Distribution Co. Ltd. [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Disallowance-owing-State-Government-Grants-Cost-Capital-Assets-Supreme-Court-issues-Notice-Maharashtra-State-Electricity-Distribution-taxscan-1.jpg "Disallowance owing to State Government Grants towards Cost of Capital Assets: Supreme Court issues Notice to Maharashtra State Electricity Distribution Co. Ltd. [Read Order]")
Special Audit u/s 142(2A) of Income Tax Act 1961 can be conducted by Relying on Earlier Notice or A Fresh Notice: Supreme Court [Read Order]
The Division Bench of the Supreme Court comprising Justice Sanjiv Khanna and Justice M.M.Sundresh has held that the special audit under Section 142(2A) of the Income Tax Act 1961 could be conducted...
![Special Audit u/s 142(2A) of Income Tax Act 1961 can be conducted by Relying on Earlier Notice or A Fresh Notice: Supreme Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Special-Audit-Income-Tax-Notice-Fresh-Notice-Supreme-Court-TAXSCAN.jpg "Special Audit u/s 142(2A) of Income Tax Act 1961 can be conducted by Relying on Earlier Notice or A Fresh Notice: Supreme Court [Read Order]")
![Supreme Court to decide Applicability of Service Tax on Secondment of Employees [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Supreme-Court-Service-Tax-Employees-taxscan.jpeg "Supreme Court to decide Applicability of Service Tax on Secondment of Employees [Read Order]")
Supreme Court directs to Erase Personal Remarks by Director of Income Tax against Founder of Trust from Order [Read Order]
In a recent order, the Supreme Court has directed to erase the personal remarks made against the authors-cum-Founder Chairman of the assessee-trust in the order passed by the Director of Income Tax...
![Supreme Court directs to Erase Personal Remarks by Director of Income Tax against Founder of Trust from Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Supreme-Court-Personal-Remarks-Income-Tax-E-Trust-Order-taxscan.jpeg "Supreme Court directs to Erase Personal Remarks by Director of Income Tax against Founder of Trust from Order [Read Order]")