Half Yearly Digest of Tax Cases: Supreme Court and High Court Judgments [Part 1]
This half-yearly round-up analytically summarizes the key Direct and Indirect Tax Judgments of the Supreme Court and all High Courts of India...
![Legality of revision of Order of ITAT u/s 254 on Ground of Retrospective Overruling: Supreme Court directs to approach prescribed authority under ITAT Order [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2024/05/4e60af3b-7a03-4266-9af0-10c290be80c0.jpg "Legality of revision of Order of ITAT u/s 254 on Ground of Retrospective Overruling: Supreme Court directs to approach prescribed authority under ITAT Order [Read Judgement]")
![SC issues Notice to Income Tax Settlement Commission on Application Seeking Condonation of Delay [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2023/11/SC-issues-Notice-Income-Tax-Settlement-Commission-Application-Seeking-Condonation-of-Delay-TAXSCAN.jpg "SC issues Notice to Income Tax Settlement Commission on Application Seeking Condonation of Delay [Read Judgement]")
Delay of 408 Days: Supreme Court Refuses to hear SLP by Revenue having Low Tax Effect of Rs. 37 Lakhs [Read Judgement]
The Supreme Court of India has dismissed a Special Leave Petition (SLP) filed by the Commissioner of Commercial Taxes for vagueness in reasons stated for condonation of delay and low tax effect. ...
![Delay of 408 Days: Supreme Court Refuses to hear SLP by Revenue having Low Tax Effect of Rs. 37 Lakhs [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2023/10/Supreme-Court-of-india-SLP-Revenue-low-tax-effect-taxscan.jpg "Delay of 408 Days: Supreme Court Refuses to hear SLP by Revenue having Low Tax Effect of Rs. 37 Lakhs [Read Judgement]")
CBEC Circular on Valuation in case of Sale of Goods Partly to Related and Independent Parties Not Violative of Central Excise Laws: Supreme Court [Read Order]
The Supreme Court, on Monday upheld the validity of the circular issued by the Central Board of Excise and Customs (CBEC), now CBIC, and held that the circular dated 1.7.2002 regarding valuation of...
![CBEC Circular on Valuation in case of Sale of Goods Partly to Related and Independent Parties Not Violative of Central Excise Laws: Supreme Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/CBEC-CBEC-Circular-Central-Excise-Laws-Central-Excise-Excise-Law-Supreme-Court-taxscan.jpg "CBEC Circular on Valuation in case of Sale of Goods Partly to Related and Independent Parties Not Violative of Central Excise Laws: Supreme Court [Read Order]")
GST Dept will Not file Review Petition Against Supreme Court Decision Against IGST Levy on Ocean Freight: CBIC [Read Circular]
The Central Board of Indirect Taxes and Customs (CBIC) has declared that the GST department will not challenge the Supreme Court decision in Mohit Minerals wherein the Apex Court has quashed the levy...
![GST Dept will Not file Review Petition Against Supreme Court Decision Against IGST Levy on Ocean Freight: CBIC [Read Circular]](https://www.taxscan.in/wp-content/uploads/2022/11/GST-Dept-Supreme-Court-IGST-CBIC-TAXSCAN.jpg "GST Dept will Not file Review Petition Against Supreme Court Decision Against IGST Levy on Ocean Freight: CBIC [Read Circular]")
Airlines Liable to Deduct TDS u/s 194H of Income Tax Act on Supplementary Commission: Supreme Court [Read Judgment]
In a significant ruling having an impact against the airlines, the Supreme Court has held that TDS under section 194H of the Income Tax Act, 1961 is attracted in the case of Supplementary Commission...
![Airlines Liable to Deduct TDS u/s 194H of Income Tax Act on Supplementary Commission: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/11/Airlines-TDS-Income-Tax-Act-Supplementary-Commission-Supreme-Court-TAXSCAN.jpg "Airlines Liable to Deduct TDS u/s 194H of Income Tax Act on Supplementary Commission: Supreme Court [Read Judgment]")
![Foreign Exporter cannot claim ITC in India as per Sec 12 of GST Act: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/05/Foreign-Exporter-ITC-IGST-Act-Supreme-Court.jpeg "Foreign Exporter cannot claim ITC in India as per Sec 12 of GST Act: Supreme Court [Read Judgment]")
![No TDS u/s 194A on Interest Payments to Agra Development Authority: Supreme Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/No-TDS-Interest-Payments-Agra-Development-Authority-Supreme-Court-Taxscan.jpeg "No TDS u/s 194A on Interest Payments to Agra Development Authority: Supreme Court [Read Order]")
Money Deposited in Bank not held by it as Trustee but it becomes part of Banker's Fund payable on-demand with agreed Interest Rate: Supreme Court [Read Judgment]
The Supreme Court has held that the Money deposited in a bank not held by it as Trustee but it becomes part of banker's fund payable on-demand with agreed interest rate. The Appellant, N....
![Money Deposited in Bank not held by it as Trustee but it becomes part of Bankers Fund payable on-demand with agreed Interest Rate: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/12/Supreme-Court-Taxscan.jpeg "Money Deposited in Bank not held by it as Trustee but it becomes part of Bankers Fund payable on-demand with agreed Interest Rate: Supreme Court [Read Judgment]")