![Taxability of Issuance of Bonus Shares: Supreme Court to Hear Matter [Read Judgement]](https://images.taxscan.in/h-upload/2025/11/10/500x300_2103909-taxability-of-issuance-bonus-shares-supreme-court-taxscan.webp "Taxability of Issuance of Bonus Shares: Supreme Court to Hear Matter [Read Judgement]")
Taxability of Issuance of Bonus Shares: Supreme Court to Hear Matter [Read Judgement]
The Supreme Court of India is set to examine the question of whether the issuance of bonus shares amounts to taxable income under the Income Tax...
![Failure to Pass on GST Rate Reduction on Movie Tickets Amounts to Profiteering: GSTAT upholds ₹16.50 Lakh Liability [Read Order]](https://images.taxscan.in/h-upload/2025/11/10/250x150_2103885-supreme-court-entertainment-tax-supreme-court-on-entertainment-tax-entertainment-tax-on-cinema-tickets-.webp "Failure to Pass on GST Rate Reduction on Movie Tickets Amounts to Profiteering: GSTAT upholds ₹16.50 Lakh Liability [Read Order]")
![GST Anti-Profiteering Proceedings Unsustainable Post IBC Resolution: GSTAT Sets Aside DGAP Notice u/s 171(1) [Read Order]](https://images.taxscan.in/h-upload/2025/11/10/250x150_2103798-gst-anti-profiteering-proceedings-post-ibc-resolution-gstat-dgap-notice-taxscan.webp "GST Anti-Profiteering Proceedings Unsustainable Post IBC Resolution: GSTAT Sets Aside DGAP Notice u/s 171(1) [Read Order]")
![GST ITC Blocked over Purchases from Non-Existent Dealers: Madras HC Orders to Debit 50% of 4-Months Tax Liability from Negative Block [Read Order]](https://images.taxscan.in/h-upload/2025/11/10/250x150_2103736-gst-itc-blocked-non-existent-dealers-madras-hc-debit-tax-liability-negative-block-taxscan.webp "GST ITC Blocked over Purchases from Non-Existent Dealers: Madras HC Orders to Debit 50% of 4-Months Tax Liability from Negative Block [Read Order]")
![Gujarat HC Prevents Levy of VAT on Hospital Supplies as Unsustainable by Constitutional Limits [Read Order]](https://images.taxscan.in/h-upload/2025/11/07/250x150_2103090-gujarat-hc-prevents-levy-vat-on-hospital-supplies-constitutional-limits-taxscan.webp "Gujarat HC Prevents Levy of VAT on Hospital Supplies as Unsustainable by Constitutional Limits [Read Order]")
Supreme Court to Re-examine Income Tax S.12AA Registration Mandate for Section 80G Benefits [Read Judgement]
The Supreme Court of India has agreed to re-examine the question of whether registration under Section 12AA of the Income Tax Act, 1961, automatically qualifies a charitable trust for tax benefits...
![Supreme Court to Re-examine Income Tax S.12AA Registration Mandate for Section 80G Benefits [Read Judgement]](https://images.taxscan.in/h-upload/2025/11/07/500x300_2102980-supreme-court-re-examine-income-tax-taxscan.webp "Supreme Court to Re-examine Income Tax S.12AA Registration Mandate for Section 80G Benefits [Read Judgement]")
Supreme Court Backs Byju's, rejects US Lender Glas Trust's Plea against NCLT’s Order on Aakash’s Equity Rights Issue
In a recent ruling, the Supreme Court of India has dismissed appeals filed by US-based lender GLAS Trust Company LLC and the Insolvency Resolution Professional of Byju's, upholding an NCLAT order...
Classification Dispute of 'Engineered Quartz Stone': Supreme Court considers Revenue’s Challenge [Read Judgement]
The Supreme Court of India has admitted civil appeals filed by the Commissioner Customs (Preventive) Jaipur against M/s Pelican Quartz Stone in a dispute concerning the classification of exported ...
![Classification Dispute of Engineered Quartz Stone: Supreme Court considers Revenue’s Challenge [Read Judgement]](https://images.taxscan.in/h-upload/2025/11/05/500x300_2102511-ngineered-quartz-stone-engineered-quartz-supreme-court-revenues-challenge-taxscan.webp "Classification Dispute of Engineered Quartz Stone: Supreme Court considers Revenue’s Challenge [Read Judgement]")
Supreme Court Puts NCLAT's Approval on Hold to Decide on Co-op Society's Role Under IBC [Read Order]
The Supreme Court has sought clarification from the Central Registrar of Multi State Cooperative Societies in a matter involving M/S. Nirmal Ujjwal Credit Co-operative Society Ltd.'s appeal against...
![Supreme Court Puts NCLATs Approval on Hold to Decide on Co-op Societys Role Under IBC [Read Order]](https://images.taxscan.in/h-upload/2025/11/05/500x300_2102389-supreme-court-taxscan.webp "Supreme Court Puts NCLATs Approval on Hold to Decide on Co-op Societys Role Under IBC [Read Order]")
Preference Shareholders Not Financial Creditors Under IBC: Supreme Court Upholds NCLAT Verdict in EPC Constructions [Read Order]
The Supreme Court has dismissed the appeal filed by EPC Constructions India Limited through its Liquidator by upholding the National Company Law Appellate Tribunal (NCLAT) and National Company Law ...
![Preference Shareholders Not Financial Creditors Under IBC: Supreme Court Upholds NCLAT Verdict in EPC Constructions [Read Order]](https://images.taxscan.in/h-upload/2025/11/05/500x300_2102379-shareholders-ibc-sc-taxscan.webp "Preference Shareholders Not Financial Creditors Under IBC: Supreme Court Upholds NCLAT Verdict in EPC Constructions [Read Order]")
Supreme Court to Decide Customs Appeal for Dispute of Classification of Fish Oil Ethyl Esters [Read Judgement]
The Supreme Court of India has admitted a Civil Appeal filed by the Revenue, the Commissioner of (GST and Central Excise), which challenges the CESTAT order that reclassified the product 'Fish Oil...
![Supreme Court to Decide Customs Appeal for Dispute of Classification of Fish Oil Ethyl Esters [Read Judgement]](https://images.taxscan.in/h-upload/2025/11/04/500x300_2102270-supreme-court-customs-appeal-fish-oil-ethyl-esters-taxscan.webp "Supreme Court to Decide Customs Appeal for Dispute of Classification of Fish Oil Ethyl Esters [Read Judgement]")