Supreme Court of India
![Deductions U/Ss. 10A/10B for EOUs should be made while Computing Gross Total Income: Madras HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Madras-High-Court-Tax-Scan-1.jpg "Deductions U/Ss. 10A/10B for EOUs should be made while Computing Gross Total Income: Madras HC [Read Judgment]")
Deductions U/Ss. 10A/10B for EOUs should be made while Computing Gross Total Income: Madras HC [Read Judgment]
A two-judge bench of the Madras High Court has held that the deductions under sections 10A and 10B of the Income Tax Act, 1961 should be calculated...
SC stays Orders of Allahabad and Kerala High Courts restraining Govt from Recovery of Tax due COVID-19 Ourbreak
The Supreme Court has stayed the orders of the High Court of Allahabad and Kerala restraining the government from the recovery of Tax on the account of the outbreak of COVID-19. The Special Leave...
Non-Executive Directors of Company immuned from Cheque Dishonour Proceedings: Delhi HC [Read Judgment]
The Delhi High Court has held that the Non-Executive Directors of a company are exempted from Cheque Dishonour Proceedings under Section 138 of the Negotiable Instrument Act, 1881. In the case of...
![Non-Executive Directors of Company immuned from Cheque Dishonour Proceedings: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/03/site-image3-10-2-1.jpg "Non-Executive Directors of Company immuned from Cheque Dishonour Proceedings: Delhi HC [Read Judgment]")
DRAT can’t entertain Appeals under SARFAESI Act without making mandated Pre-deposit of 50% of Loan Amount: SC [Read Judgment]
The Supreme Court has ordered that the Debt Recovery Appellate Tribunal (DRAT) cannot entertain appeals under Securitisation and Reconstruction of Financial Assets and Enforcement of Security...
![DRAT can’t entertain Appeals under SARFAESI Act without making mandated Pre-deposit of 50% of Loan Amount: SC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2019/10/Service-Tax-Supreme-Court-Taxscan.jpg "DRAT can’t entertain Appeals under SARFAESI Act without making mandated Pre-deposit of 50% of Loan Amount: SC [Read Judgment]")
Supreme Court upholds Punjab & Haryana HC order directing GST Department to Re-Open Facility to File or Revise GST TRAN-1 either Electronically or Manually [Read Order]
The Supreme Court of India has upheld the Punjab and Haryana High Court order directing the GST Department to Re-Open the facility to file or revise GST Tran-1 either electronically or manually. The...
![Supreme Court upholds Punjab & Haryana HC order directing GST Department to Re-Open Facility to File or Revise GST TRAN-1 either Electronically or Manually [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/02/FORM-GST-TRAN-1-Common-Portal-Technical-Glitches-Taxscan.jpg "Supreme Court upholds Punjab & Haryana HC order directing GST Department to Re-Open Facility to File or Revise GST TRAN-1 either Electronically or Manually [Read Order]")
Newly Incorporated Trust entitled to 12AA benefits even in the Absence of any Activities: SC [Read Judgment]
While upholding the Delhi High Court Judgment, the Supreme Court of India has ruled that, Newly Incorporated Trust entitled to get Section 12AA of the Income Tax Act benefits even in the Absence of...
![Newly Incorporated Trust entitled to 12AA benefits even in the Absence of any Activities: SC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/07/Supreme-Court-of-India-1-Tax-Scan.jpg "Newly Incorporated Trust entitled to 12AA benefits even in the Absence of any Activities: SC [Read Judgment]")
Income held to be ‘Revenue Receipt’ on the Basis of Statement by Appellant that his post in Trust was not Lifetime: SC [Read Order]
The Supreme Court of India in a matter between H.S. Ramchandra Rao v CIT on the basis of statement-admission by the appellant that he was holding the impugned post in the Trust until 1996 by virtue of...
![Income held to be ‘Revenue Receipt’ on the Basis of Statement by Appellant that his post in Trust was not Lifetime: SC [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/11/High-Court-Supreme-Court-Taxscan.jpg "Income held to be ‘Revenue Receipt’ on the Basis of Statement by Appellant that his post in Trust was not Lifetime: SC [Read Order]")
Supreme Court stays Gujarat HC Ruling which partly strikes down Press Release extending Last Date to avail ITC in respect of Invoices or Debit Notes [Read Order]
The Supreme Court of India has recently stayed Gujarat High Court ruling which strikes down Press Release extending the Last Date to avail Input Tax Credit in respect of Invoices or Debit Notes. A...
![Supreme Court stays Gujarat HC Ruling which partly strikes down Press Release extending Last Date to avail ITC in respect of Invoices or Debit Notes [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/07/Supreme-Court-Tax-Scan.jpg "Supreme Court stays Gujarat HC Ruling which partly strikes down Press Release extending Last Date to avail ITC in respect of Invoices or Debit Notes [Read Order]")