Deposit of 15% of Outstanding Dues: SC quashes Deposit of Additional Amount as Condition Precedent for Continuation of Stay
The Supreme Court quashed deposit of additional amount as condition precedent for continuation of stay as there was deposit of 15% of the outstanding...
![SC imposes stay on implementation of order against Anant Automobiles under Section 42(5) of the OVAT Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Supreme-Court-OVAT-Supreme-Court-stay-order-Anant-Automobiles-case-update-Anant-Automobiles-Implementation-stay-on-OVAT-Act-Anant-Automobiles-legal-challenges-TAXSCAN.jpg "SC imposes stay on implementation of order against Anant Automobiles under Section 42(5) of the OVAT Act [Read Order]")
![Relief to Blackberry: Supreme Court Upholds Rs. 8.55 Cr Excise Duty Refund along with Interest u/s 11BB [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Supreme-Court-Excise-Duty-Excise-Duty-Refund-Blackberry-Supreme-Court-ruling-Excise-duty-refund-with-interest-Blackberry-India-legal-update-Blackberry-India-Refund-TAXSCAN.jpg "Relief to Blackberry: Supreme Court Upholds Rs. 8.55 Cr Excise Duty Refund along with Interest u/s 11BB [Read Order]")
No Property Tax as Business on Advocates Office at Residence: Supreme Court upholds Delhi HC Ruling
The Supreme Court has upheld a Delhi High Court ruling, maintaining that an advocate's office situated in a residential building is exempt from property tax under the Delhi Municipal Corporation Act,...
Administrative Circular will not Operate as Fetter on Commissioner of Income Tax, remands to Consider Matter Afresh: Telangana HC allows to Operate Bank Account as Interim Measure [Read Order]
The Telangana High Court has held that administrative circular will not operate as a fetter on the commissioner of Income Tax and remanded the matter to be afresh. The Court allowed the operation of...
![Administrative Circular will not Operate as Fetter on Commissioner of Income Tax, remands to Consider Matter Afresh: Telangana HC allows to Operate Bank Account as Interim Measure [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Telangana-High-Court-Commissioner-of-Income-Tax-Administrative-circular-Telangana-High-Court-decision-Commissioner-of-Income-Tax-discretion-Operate-bank-account-as-interim-measure-TAXSCAN.jpg "Administrative Circular will not Operate as Fetter on Commissioner of Income Tax, remands to Consider Matter Afresh: Telangana HC allows to Operate Bank Account as Interim Measure [Read Order]")
ITR Filed without Regular Balance Sheet and Profit & Loss Account is Defective, not invalid; AO holds Responsibility for Notifying Defects: Supreme Court [Read Judgement]
The Supreme Court has asserted that Income Tax Returns ( ITRs ) filed without a regular balance sheet and profit and loss account may be deemed defective but are certainly not invalid. The decision,...
![ITR Filed without Regular Balance Sheet and Profit & Loss Account is Defective, not invalid; AO holds Responsibility for Notifying Defects: Supreme Court [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2024/01/itr-income-tax-returns-supreme-court-ITR-filing-defects-Supreme-Court-ruling-on-ITR-taxscan.jpg "ITR Filed without Regular Balance Sheet and Profit & Loss Account is Defective, not invalid; AO holds Responsibility for Notifying Defects: Supreme Court [Read Judgement]")
Determination of value of excisable goods for assessment falls within Exclusive Jurisdiction of SC u/s 35L of CEA: Jharkhand HC [Read Order]
In a significant ruling the Jharkhand High Court observed that the determination of value of excisable goods for assessment falls within exclusive jurisdiction of the Supreme Court of India under...
