Income Tax Deduction on Lease Rent: Supreme Court Remands Case for Fresh Consideration
The case of Commissioner of Income Tax, Cochin vs. M/s Travancore Cochin Udyoga Mandal involved a dispute over the deduction of lease rent under the Income…
Supreme Court Rules on Court Fee Applicability in Income Tax Appeals
The case of K. Raveendranathan Nair & Anr. v. Commissioner of Income Tax & Ors. revolved around the applicability of court fees in income tax appeals…
Service Tax on Commission to Overseas Agents: Supreme Court Clarifies Legal Position
The case of M/S Shoeline vs. Commissioner of Service Tax & Ors. revolves around the applicability of service tax on commission paid to overseas agents under…
Income Tax Deduction Under Section 80P: Co-operative Society vs. Co-operative Bank
The case revolves around the denial of income tax deductions under Section 80P of the Income Tax Act, 1961, to The Citizen Co-operative Society Limited, Hyderabad….
LPG Bottling as Manufacturing: Supreme Court Grants Tax Deduction Benefits
The case of Commissioner of Income Tax – 1, Mumbai vs. M/s. Hindustan Petroleum Corporation Ltd. revolved around the tax deduction benefits under Sections 80HH, 80-I,…
SARFAESI Act and Cooperative Banks: Supreme Court Allows Asset Recovery for Loan Default
The Supreme Court’s judgment in Girish Sangappa Jaggal vs. Union of India & Anr., delivered on July 21, 2017, addressed an important legal issue regarding the…
Sales Tax Tribunal Appeal: Supreme Court Grants Relief to Gennex Laboratories
The Supreme Court of India recently ruled in favor of Gennex Laboratories Ltd., granting them the right to appeal before the Sales Tax Tribunal. The case…
Chit Fund Taxation: Supreme Court Rules Service Tax Not Applicable
The Supreme Court’s judgment in Union of India & Ors. vs. M/s Margadarshi Chit Funds (P) Ltd., delivered on July 4, 2017, addressed the contentious issue…
Supreme Court Clarifies Anti-Dumping Duty on Imported Stainless Steel Products
The case of Commissioner of Customs (Export) Nhava Sheva v. M/S Mascot International revolves around the interpretation and applicability of anti-dumping duties imposed on specific stainless…
Honda Siel Cars vs. Commissioner of Income Tax: Supreme Court Rules on Technical Know-How Taxation
The Supreme Court’s judgment in Honda Siel Cars India Ltd. vs. Commissioner of Income Tax, Ghaziabad, delivered on June 9, 2017, addresses a crucial tax dispute…