Supreme Court of India
![SC stays High Court proceedings on Petitions relating to GST on Sanitary Napkins: To Examine If Cases fit for Apex Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/07/Sanitary-Napkins-GST.jpg "SC stays High Court proceedings on Petitions relating to GST on Sanitary Napkins: To Examine If Cases fit for Apex Court [Read Order]")
SC stays High Court proceedings on Petitions relating to GST on Sanitary Napkins: To Examine If Cases fit for Apex Court [Read Order]
The Supreme Court today stayed all the petitions relating to exempting sanitary napkins from the ambit of Goods and Services Tax which are pending...
![Subsidy in the form of Exemption from Entertainment Duty to Newly Established Multiplex Theatres under State’s Scheme is Capital Receipt: SC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/08/Supreme-Court-of-India-Taxscan.jpg "Subsidy in the form of Exemption from Entertainment Duty to Newly Established Multiplex Theatres under State’s Scheme is Capital Receipt: SC [Read Judgment]")
Trust Is Eligible for Depreciation Even though the Entire Expenditure Incurred for Acquisition of Capital Assets was treated as Application of Income: SC [Read Order]
The Supreme Court of India held that, there is no double benefit while allowing the depreciation of Assets when the Capital Expenditure is treated as application of Income for Charitable Purposes...
![Trust Is Eligible for Depreciation Even though the Entire Expenditure Incurred for Acquisition of Capital Assets was treated as Application of Income: SC [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/08/Depreciation-Taxscan.jpg "Trust Is Eligible for Depreciation Even though the Entire Expenditure Incurred for Acquisition of Capital Assets was treated as Application of Income: SC [Read Order]")
Disciplinary Proceedings can’t be initiated against a Lawyer for the acts not related to Professional Conduct: SC [Read Judgment]
A two-judge bench of the Supreme Court, while quashing the disciplinary actions against a lawyer, observed that no disciplinary proceedings can be initiated against lawyers for their acts unrelated to...
Selling of Bottled Water by Hotels/ Restaurants charging above MRP is not Illegal, says SC [Read Judgment]
A two-judge bench of the Supreme Court on Tuesday while allowing the hotels/ restaurants to sell bottled water above MRP, held that the provisions of the Standards of Weights and Measures Act, 1976,...
![Selling of Bottled Water by Hotels/ Restaurants charging above MRP is not Illegal, says SC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/12/Bottled-Water-Taxscan.jpg "Selling of Bottled Water by Hotels/ Restaurants charging above MRP is not Illegal, says SC [Read Judgment]")
An Industry which Ceases to be a SSI is not Eligible for Income Tax Deduction, says Supreme Court [Read Judgment]
The Supreme Court of India recently held that benefit of deduction under Section 80 IB(3) of the Income Tax Act 1961 cannot be given to an industry if it ceases to be a small scale industry. Assessee...
![An Industry which Ceases to be a SSI is not Eligible for Income Tax Deduction, says Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/09/Income-Tax-Deduction-Taxscan-1.jpg "An Industry which Ceases to be a SSI is not Eligible for Income Tax Deduction, says Supreme Court [Read Judgment]")
SC Allows Income Tax Deduction on Excise Duty Paid in Advance in the Personal Ledger Account [Read Judgment]
A two-judge bench of the Supreme Court of India, while dismissing a departmental appeal against M/s Modipon Ltd, categorically held that the advance deposit of central excise duty constitutes actual...
![SC Allows Income Tax Deduction on Excise Duty Paid in Advance in the Personal Ledger Account [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/08/Supreme-Court-of-India-Taxscan-min.jpg "SC Allows Income Tax Deduction on Excise Duty Paid in Advance in the Personal Ledger Account [Read Judgment]")
Advocates Who are Provisionally allowed to Participate in Election would face Action If their Law Degrees found Fake: SC Modifies earlier Order [Read Order]
While modifying the order passed on 23.08.2017, a two-judge bench of the Supreme Court said that appropriate orders will be taken against Advocates who are provisionally allowed to participate in...
