Supreme Court Remands Water Usage Fee Dispute Between TISCO and Bihar Government
The Supreme Court of India, in the case of Tata Iron and Steel Co. Ltd. (TISCO) & Another vs. State of Bihar & Others, ruled on…
Income Tax Treatment of Government Subsidies: Supreme Court Rules on Entertainment Tax Exemption for Multiplexes
The Supreme Court of India recently ruled on an important income tax case concerning the classification of government subsidies for multiplex theaters. The judgment was delivered…
Income Tax Deduction and Small Scale Industry Status: Analysis of Deputy Commissioner of Income Tax vs. M/S. Ace Multi Axes Systems Ltd.
The case of Deputy Commissioner of Income Tax vs. M/S. Ace Multi Axes Systems Ltd. revolves around the interpretation of Section 80-IB of the Income Tax…
Auction Dispute: Supreme Court Upholds SARFAESI Tribunal’s Jurisdiction Over Forfeiture Claims
The Supreme Court of India recently ruled on a significant legal dispute in the case of Agarwal Tracom Pvt. Ltd. vs. Punjab National Bank & Ors…..
Tax Deduction on Advance Excise Duty: Supreme Court Upholds High Court Rulings
The Supreme Court of India recently ruled on the case of Commissioner of Income Tax II vs. M/S Modipon Ltd., addressing the issue of whether an…
Income Tax Litigation: Supreme Court Rules on Applicability of Monetary Limits for Appeals
The Supreme Court of India recently delivered a crucial judgment in the case of Director of Income Tax, New Delhi vs. S.R.M.B. Dairy Farming (P) Ltd…..
Gold Confiscation and Redemption: Supreme Court Rules on 50-Year-Old Dispute
The Supreme Court of India recently delivered a landmark judgment in the case of Gunwantlal Godawat vs. Union of India & Another. The case involved a…
Indian Oil Corporation’s Battle Over Entry Tax: Supreme Court Ruling Explained
The dispute over the imposition of Entry Tax on petroleum products sold by Indian Oil Corporation Limited (IOCL) in Bihar reached the Supreme Court, raising key…
Excise Duty and Education Cess Refund: Supreme Court Clarifies Tax Exemption for Manufacturers
Taxation policies often lead to complex legal battles, especially when exemptions and refunds are involved. A significant case in this regard is M/s. SRD Nutrients Private…
Supreme Court Upholds Government’s Policy on Diesel Pricing for Bulk Consumers
The Supreme Court of India delivered a crucial judgment in the case of Indian Oil Corporation Limited & Anr. vs. Kerala State Road Transport Corporation &…