Supreme Court of India
Assessee shall get the benefit of Initial Assessment; Change of opinion of Assessing Authority is not a ground for reopening of Assessment; SC [Read Judgment]
The Supreme Court bench comprising of Justice Dipak Misra and Justice Shiva Kirthi Singh held that, the assessee shall reap the benefit of initial...
![SC sets aside Bombay HC order that gave relief to Actor Amitabh Bachchan in a Tax dispute arising from his income from his show KBC [READ JUDGMENT]](https://www.taxscan.in/h-upload/uid/630.jpg "SC sets aside Bombay HC order that gave relief to Actor Amitabh Bachchan in a Tax dispute arising from his income from his show KBC [READ JUDGMENT]")
![Transfer of Goods to the Sister Concern will not Amount to “Sale” for the purpose of Excise Duty; SC [DOWNLOAD JUDGMENT]](/images/placeholder.jpg "Transfer of Goods to the Sister Concern will not Amount to “Sale” for the purpose of Excise Duty; SC [DOWNLOAD JUDGMENT]")
Supreme Court rejects Eveready Industries India Ltd’s Claim for Exemption under KST Act [DOWNLOAD JUDGMENT]
The Supreme Court today refused to grant an exemption to the Eveready Industries India Ltd under the KST Act. The appellant is a registered dealer under the Karnataka Tax on Entry of Goods Act, 1979....
Supreme Court grants Exemption to Sale of Goods by a dealer not holding Exemption Certificate under Rule 28A in the course of Inter-State Trade from Haryana [DOWNLOAD JUGDMENT]
The appellant- company is an assessee under the Haryana General Sales Tax Act, 1973, Haryana General Sales Tax Rules, 1975 and the Central Sales Tax Act, 1956. In the year 1995-96, the...
Transaction Charges Paid to the Stock Exchange are Fees for “Technical Services”. Thus Not deductible as TDS: Supreme Court [DOWNLOAD JUDGMENT]
The appeal was against the order of the Bombay High Court on deciding the appeal filed by the assessee, M/s Kotak Securities Ltd., in which it was held that the transaction charges paid by a member of...
Supreme Court Strikes down the Order of Commissioner of Commercial Taxes directing the Assessee to pay fine of Rs. 86 lakhs
The Supreme Court has struck down the order of Commissioner of Commercial Taxes directing the Assessee to pay fine of Rs. 86 lakhs. The highlights of the judgment are as follows. The respondent M/S...
Application of Mind is an essential thing in deciding a Case in relation to revenue; Supreme Court [DOWNLOAD JUDGMENT]
The Supreme Court recently decided that there must be application of mind by the Tribunal while deciding a case. The Bench comprising of Justice Dipak Misra and Justice N V Ramana opined this while...
