Supreme Court of India
Supreme Court & High Courts Weekly Round Up
This weekly round-up analytically summarizes the key tax judgments of the Supreme Court and all High Courts reported at Taxscan.in during March 10th...
![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]")
![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]")
No provision for Calculation of ITC Apportionment under UP VAT as that of Karnataka VAT: Supreme Court restores Order of Commercial Tax Tribunal allowing ITC [Read Judgement]
The Supreme Court of India restored the order of the Commercial Tax Tribunal allowing Input Tax Credit (ITC) as there was no provision for calculation of ITC apportionment under Uttar Pradesh...
![No provision for Calculation of ITC Apportionment under UP VAT as that of Karnataka VAT: Supreme Court restores Order of Commercial Tax Tribunal allowing ITC [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2023/11/Karnataka-VAT-Karnataka-Value-Added-Tax-Supreme-Court-restores-Order-Commercial-Tax-Tribunal-Commercial-Tax-Tribunal-allowing-ITC-TAXSCAN.jpg "No provision for Calculation of ITC Apportionment under UP VAT as that of Karnataka VAT: Supreme Court restores Order of Commercial Tax Tribunal allowing ITC [Read Judgement]")
Supreme Court strikes down Retrospective Application to Amendment on Telangana VAT Act on Initiation of GST Regime [Read Judgement]
The Supreme Court of India struck down the retrospective application to amendment on Telangana (Value Added Tax) VAT Act on initiation of GST Regime. The VAT amendment was through an Ordinance,...
![Supreme Court strikes down Retrospective Application to Amendment on Telangana VAT Act on Initiation of GST Regime [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2023/10/Supreme-Court-strikes-down-Retrospective-Amendment-on-Telangana-VAT-Act-GST-TAXSCAN.jpg "Supreme Court strikes down Retrospective Application to Amendment on Telangana VAT Act on Initiation of GST Regime [Read Judgement]")
License fee for License under the Telegraph Act cannot be partly revenue and Partly Capital by Dividing into Two periods: SC rules Against Bharti Hexacom Ltd [Read Order]
The Supreme Court of India in the case of Bharti Hexacom Ltd held that the license fee for a License under the Telegraph Act 1885 cannot be partly revenue and Partly Capital by Dividing into Two...
![License fee for License under the Telegraph Act cannot be partly revenue and Partly Capital by Dividing into Two periods: SC rules Against Bharti Hexacom Ltd [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/License-under-the-Telegraph-Act-License-fee-License-fee-for-License-under-the-Telegraph-Act-cannot-be-partly-revenue-revenue-SC-rules-Against-Bharti-Hexacom-Ltd-SC-taxscan.jpg "License fee for License under the Telegraph Act cannot be partly revenue and Partly Capital by Dividing into Two periods: SC rules Against Bharti Hexacom Ltd [Read Order]")
Rejection of Invoice Price of Imported Goods and Enhancement of Value should be Done in Accordance with Rule 8 of Customs Valuation Rules: Supreme Court [Read Order]
In a recent case, the Supreme Court of India held that the rejection of invoice price of imported goods and enhancement of the value of the imported goods should be done under Rule 8 of Customs...
Exemption Availed on Capital Goods Imported Without Fulfilling Export Obligation: Customs Duty is Payable on Export Commitment Fulfilled: Supreme Court [Read Order]
The Supreme Court of India has clarified that where an importer assessee has availed a 100 per cent exemption from paying customs duty for the import of capital goods but failed to fulfil its export...
Purchase of Shares in company under Liquidation not deemed Benami Property Ownership: Supreme Court condones delay in filing Civil Appeal [Read Judgement]
The Supreme Court of India has held that the purchase of shares in a company under liquidation does not automatically confer ownership of benami property to the company itself. The ruling came in...
![Purchase of Shares in company under Liquidation not deemed Benami Property Ownership: Supreme Court condones delay in filing Civil Appeal [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2023/10/Purchase-of-Shares-in-company-Liquidation-Benami-Property-Ownership-Benami-Property-Civil-Appeal-condones-delay-Supreme-Court-taxscan.webp "Purchase of Shares in company under Liquidation not deemed Benami Property Ownership: Supreme Court condones delay in filing Civil Appeal [Read Judgement]")