![Share Valuation for Gift Tax Purposes shall be in accordance with Restrictions on Transfer: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/10/Share-Valuation-Gift-Tax-Restrictions-Transfer-Supreme-Court-taxscan.jpg "Share Valuation for Gift Tax Purposes shall be in accordance with Restrictions on Transfer: Supreme Court [Read Judgment]")
Share Valuation for Gift Tax Purposes shall be in accordance with Restrictions on Transfer: Supreme Court [Read Judgment]
The Supreme Court of India, in a recent ruling, has held that the valuation of shares shall be done taking into consideration the restrictions and...
![5% Customs Duty applicable to Pomegranate Seeds: Supreme Court directs Centre to Consider Import Policy [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Customs-Duty-Pomegranate-Seeds-Supreme-Court-Centre-Import-Policy-taxscan.jpg "5% Customs Duty applicable to Pomegranate Seeds: Supreme Court directs Centre to Consider Import Policy [Read Order]")
![Resolution Process has to be Completed Time Limit prescribed under IBC, any deviation would defeat object, purpose of providing Time Limit: SC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/12/Resolution-Process-IBC-Supreme-Court-Taxscan.jpg "Resolution Process has to be Completed Time Limit prescribed under IBC, any deviation would defeat object, purpose of providing Time Limit: SC [Read Judgment]")
![Date of Award is the Date of Accrual of Capital Gains: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/08/accrual-capital-gains-Supreme-court-award-Taxscan.jpg "Date of Award is the Date of Accrual of Capital Gains: Supreme Court [Read Judgment]")
![Deposits collected by Finance Company are Capital Receipts: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2019/07/Capital-Receipts-Supreme-Court-Taxscan.jpg "Deposits collected by Finance Company are Capital Receipts: Supreme Court [Read Judgment]")
Supreme Court refuses to stay HC Order quashing Criminal Proceedings against Chidambaram’s Kin [Read Order]
The Supreme Court has, today refused to stay Madras High Court order quashing criminal prosecution against Karti Chidambaram and Nalini Chidambaram, son and wife of Congress leader P Chidambaram. The...
![Supreme Court refuses to stay HC Order quashing Criminal Proceedings against Chidambaram’s Kin [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/04/Chidambaram-Kin-Madras-High-Court-Taxscan.jpg "Supreme Court refuses to stay HC Order quashing Criminal Proceedings against Chidambaram’s Kin [Read Order]")
Amendment to 80A (5) does not bar the Assessee from Revising the Computation for Deduction made under the provision: Delhi HC [Read Judgment]
The Delhi High Court by its single judge bench of Justice Sanjiv Khanna held that the amended 80A (5) cannot be read as a stipulation barring and restricting the assessee from revising the...
![Amendment to 80A (5) does not bar the Assessee from Revising the Computation for Deduction made under the provision: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/02/Delhi-High-Court-Taxscan.jpg "Amendment to 80A (5) does not bar the Assessee from Revising the Computation for Deduction made under the provision: Delhi HC [Read Judgment]")
Amendment to S. 80A(5) does not bar Assessee from revising Computation for Deduction: Delhi High Court [Read Judgment]
The Delhi High Court has held that the amended 80A (5) cannot be read as a stipulation barring and restricting the assessee from revising the computation/claim for deduction made in accordance with...
![Amendment to S. 80A(5) does not bar Assessee from revising Computation for Deduction: Delhi High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/05/Technical-Service-Charges-Delhi-High-Court-Taxscan.jpg "Amendment to S. 80A(5) does not bar Assessee from revising Computation for Deduction: Delhi High Court [Read Judgment]")
Loss on Forfeiture of Deposit on Surrender of Industrial Plot is Capital Loss: Delhi High Court [Read Judgment]
A two-judge bench of the Delhi High Court has held that the loss occurred on the forfeiture of deposit/ advances suffered by the assessee- Company while surrendering the industrial plot cannot be...
![Loss on Forfeiture of Deposit on Surrender of Industrial Plot is Capital Loss: Delhi High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/09/Security-Deposit-Delhi-High-Court-Taxscan.jpg "Loss on Forfeiture of Deposit on Surrender of Industrial Plot is Capital Loss: Delhi High Court [Read Judgment]")
Delhi High Court upholds Addition for receiving Bogus Share Premium from Fake Companies formed by CA [Read Judgment]
A two-judge bench of the Delhi High Court has upheld an income tax addition made under Section 68 of the Income Tax Act wherein the assessee- Company was found receiving bogus share premium from seven...
![Delhi High Court upholds Addition for receiving Bogus Share Premium from Fake Companies formed by CA [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/08/Delhi-High-Court-Tax-Scan.jpg "Delhi High Court upholds Addition for receiving Bogus Share Premium from Fake Companies formed by CA [Read Judgment]")