Statutory Functionary Cannot Assume powers not Conferred Upon It: Supreme Court Directs Refund of Unduly Retained Stamp Duty [Read Judgement]
In a notable judgment, the Supreme Court of India directed a real-estate developer to issue refund of an amount of ₹27,00,000 received from a buyer,...
![Supreme Court & High Courts Weekly Round-up [Jan 18th to Jan 24th,2025]](https://www.taxscan.in/wp-content/uploads/2025/01/Supreme-Court-High-Courts-Weekly-Round-up-Supreme-Court-High-Courts-Supreme-Court-High-Courts-Weekly-Round-up-Weekly-round-Up-in-2025-taxscan.jpg "Supreme Court & High Courts Weekly Round-up [Jan 18th to Jan 24th,2025]")
![Price not Sole Sale Consideration: Supreme Court axes Excise Duty Demands against BPCL [Read judgement]](https://www.taxscan.in/wp-content/uploads/2025/01/Price-not-Sole-Sale-Sole-Sale-Sole-Sale-Consideration-Consideration-Supreme-Court-Excise-Duty-Excise-Duty-Demands-BPCL-taxscan.jpg "Price not Sole Sale Consideration: Supreme Court axes Excise Duty Demands against BPCL [Read judgement]")
Challenge on Interest under sub-section (1) of Section 42 of DVAT Act can be granted when VAT refund is withheld: SC condones delay [Read Order]
The Supreme Court of India condoned delay in the matter regarding the challenge on interest under sub-section (1) of section 42 of the Delhi Value Added Tax ( DVAT ) Act, 2004 can be granted when...
Monetary Limits for Filing of Income Tax Appeals by Department: SCÂ dismisses Revenue Appeal w.r.t low Tax Effect [Read Order]
In a recent case, the Supreme Court while observing the monetary limits for filing of income tax appeals by the department dismissed the revenue appeal with respect to the low tax effect. The...
![Monetary Limits for Filing of Income Tax Appeals by Department: SCÂ dismisses Revenue Appeal w.r.t low Tax Effect [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/Supreme-Court-SC-Income-Tax-Appeals-Revenue-Appeal-Monetary-Limits-Income-Tax-Appeals-Taxscan.jpg "Monetary Limits for Filing of Income Tax Appeals by Department: SCÂ dismisses Revenue Appeal w.r.t low Tax Effect [Read Order]")
Claim submitted by RP under CIRP with Proof cannot be Overlooked on mere submission in Wrong Form: Supreme Court [Read Judgement]
In a significant ruling the Supreme Court held that the claim submitted by the Resolution Professional ( RP ) under the Corporate Insolvency Resolution Process ( CIRP ) with proof cannot be...
Extended Period of Limitation to Central Excise Dept for Recovery of Dues and Receiving Penalty: SC directs to Hear Parties [Read Order]
The Supreme Court of India directed to hear the parties in a matter related to the extended period of limitation to the Central Excise Department for the recovery of dues and receiving penalty. ...
![Extended Period of Limitation to Central Excise Dept for Recovery of Dues and Receiving Penalty: SC directs to Hear Parties [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Extended-Period-Limitation-to-Central-Excise-Dept-for-Recovery-of-Dues-and-Receiving-Penalty-SC-Directs-to-Hear-Parties-TAXSCAN.jpg "Extended Period of Limitation to Central Excise Dept for Recovery of Dues and Receiving Penalty: SC directs to Hear Parties [Read Order]")
Validity of Reassessment Order passed U/s 148 of Income Tax Act: Supreme Court Dismisses SLP [Read Order]
The Supreme Court of India dismissed the Special Leave Petition (SLP)which was against the order  Validity of Reassessment Order passed U/s 148 of the Income Tax Act passed by the High Court of...
![Validity of Reassessment Order passed U/s 148 of Income Tax Act: Supreme Court Dismisses SLP [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Validity-of-Reassessment-Order-Reassessment-Order-Income-Tax-Act-Supreme-Court-SLP-taxscan.jpg "Validity of Reassessment Order passed U/s 148 of Income Tax Act: Supreme Court Dismisses SLP [Read Order]")