Supreme Court orders status quo on Rs.617 crore tax demand from Satyam
13 years, 11 months ago

Supreme Court orders status quo on Rs.617 crore tax demand from Satyam

The Hindu  

The Supreme Court on Wednesday directed the Central Board of Direct Taxes to maintain status quo over its demand of Rs. 617 crore in income tax from the scam-hit Satyam Computers till Friday and asked it to work out the company’s actual liability. A three judges Bench headed by the Chief Justice S. H. Kapadia directed CBDT to work out the actual income tax liability of Satyam Computers, now Mahindra Satyam. The Bench also hinted that the IT firm would have to pay some parts of the actual demand: “On Friday, they would have to pay some parts of it.” The apex court’s direction came over a petition filed by the company, challenging the orders of the Andhra Pradesh High Court, which had directed the firm on March 30 to pay a banker’s cheque of Rs. What Mr. Anand Mahindra would do after all money gets attached for some reasons,” said Mr. Salve, seeking stay on the income tax demand.

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History of this topic

Tax Weekly Round-Up: January 20 - January 26, 2025
1 month, 3 weeks ago

Tax Weekly Round-Up: January 20 - January 26, 2025

Live Law  

SUPREME COURT Supreme Court Sets Aside Excise Duty Demand On Oil Marketing Companies For Inter-Supply Of Petroleum Products Case Title: Bharat Petroleum Corporation Ltd. versus Commissioner of Central Excise Nashik Commissionerate Case no. A bench comprising Chief Justice of India Sanjiv Khanna and Justice Sanjay Kumar said that the petition filed by BJP leader Ashwini Upadhyay was "badly drafted" and …

Tax Weekly Round-Up: December 09 - December 15, 2024
3 months, 1 week ago

Tax Weekly Round-Up: December 09 - December 15, 2024

Live Law  

HIGH COURTS Allahabad HC Assesee Cannot File For Requisite Documents Once Plea Is Accepted And Notice Is Issued: Allahabad High Court Case Title: M/s Laxmi Telecom v. State of U.P. Form 26B Under Income Tax Rules Not Required For Refund Once Form 5 Under 'Vivad Se Vishwas' Act Is Issued: Allahabad High Court Case Title: Dish TV India Limited v. …

Direct Tax Weekly Round-Up: 4 To 10 August 2024
7 months, 1 week ago

Direct Tax Weekly Round-Up: 4 To 10 August 2024

Live Law  

Delhi High Court Amendment In Section 153C Income Tax Act Can't Be Interpreted For Revival Of Already Time Barred Proceedings: Delhi High Court Case Title: PCIT Versus Karina Airlines International Ltd. Reopening Based On Entirely New Material Deprives Taxpayer's Right To Object To Re-Assessment: Delhi High Court Case Title: Banyan Real Estate Fund Mauritius Verses Assistant Commissioner Of Income Tax …

Tax Effect In Appeals Below Monetary Limit Of Rs.1 Crore; Kerala High Court Dismisses ​​Dept's Appeal
8 months, 1 week ago

Tax Effect In Appeals Below Monetary Limit Of Rs.1 Crore; Kerala High Court Dismisses ​​Dept's Appeal

Live Law  

The Kerala High Court has held that the tax effect in the appeals filed by the income tax department pertaining to assessment years 2006–07, 2007–08, 2008–09, 2009–10, and 2010–11 is well below the monetary limit of Rs. 3 of 2018 issued by the Central Board of Direct Taxes, appeals cannot be maintained by the revenue before the High Court if …

Indirect Tax Cases Monthly Round Up: June 2024
8 months, 3 weeks ago

Indirect Tax Cases Monthly Round Up: June 2024

Live Law  

Bombay High Court Non-Communication Of SCN To Call Book Is Fatal; Bombay High Court Quashes SCNs Against ICICI Home Finance Citation: 2024 LiveLaw 305 Case Title: ICICI Home Finance Company Ltd. Slump Sale Doesn't Amount To Sale Of Goods Within MVAT Act: Bombay High Court Citation: 2024 LiveLaw 306 Case Title: Piramal Enterprises Limited Versus The State of Maharashtra The …

Direct Tax Cases Weekly Round-Up: 5 To 11 May 2024
10 months, 1 week ago

Direct Tax Cases Weekly Round-Up: 5 To 11 May 2024

Live Law  

Supreme Court Case Name- All India Bank Officers' Confederation Vs The Regional Manager, Central Bank Of India & Others Citation : 2024 LiveLaw 352 A Division bench of the Supreme Court comprising of Justice Sanjiv Khanna and Justice Dipankar Datta while deciding a Civil Appeal in the case of All India Bank Officers' Confederation Vs The Regional Manager, Central Bank …

Supreme Court Weekly Digest With Subject /Statute Wise Index [April 1 to 13]
10 months, 2 weeks ago

Supreme Court Weekly Digest With Subject /Statute Wise Index [April 1 to 13]

Live Law  

SUPREME COURT WEEKLY DIGEST APRIL 2024 PART 1 Citations 2024 LiveLaw 269 to 2024 LiveLaw 290 Abuse of Process of Law Abuse of process of law – Collusion between parties in tender process – Held, respondent no. Pankaj Singh v. State of Haryana, 2024 LiveLaw 274 Criminal procedure Code 1973; Section 439 and National Investigation Agency Act, 2008; Section 21 …

Tax Weekly Round-Up: 30th December 2024 - 5th January 2025
10 months, 2 weeks ago

Tax Weekly Round-Up: 30th December 2024 - 5th January 2025

Live Law  

SUPREME COURT Motor Accident Claims - Tax Returns Can Be Accepted To Determine Income Only If They Are Appropriately Produced : Supreme Court Case name: New India Assurance Co. Ltd. V. Sonigra Juhi Uttamchand. Co-Accused Can Apply Separately For Compounding Of Offences Committed By Company Or HUF Under Income Tax Act: Delhi High Court Case title: Sumit Bharana v. UoI …

Direct Tax Cases Weekly Round-Up: 21 April To 27 April 2024
10 months, 3 weeks ago

Direct Tax Cases Weekly Round-Up: 21 April To 27 April 2024

Live Law  

Bombay High Court Case Title: PCIT Versus Tata Steel The Bombay High Court has held that Tata Steel is entitled to treat the contribution of Rs. Rajasthan High Court Case Title: The Income Tax Officer Versus Rajendra Prasad Vaish The Rajasthan High Court has held that for holding an assessee guilty of the offence of filing delayed income tax returns, …

Direct Tax Cases Quarterly Digest 2024
11 months, 2 weeks ago

Direct Tax Cases Quarterly Digest 2024

Live Law  

Supreme Court Case Title: Herbicides India Limited vs ACIT 2024 LiveLaw 44 While setting aside the Rajasthan High Court orders, the Supreme Court restored the assessee's appeals by condoning the delay in filing the paper-book before High Court and observed that the assessee is entitled to have his appeals heard on merits. AO Lacks Jurisdiction To Pass Draft Assessment Order …

I-T Reprieve for Congress Till Polls
11 months, 3 weeks ago

I-T Reprieve for Congress Till Polls

Deccan Chronicle  

New Delhi: In a major reprieve to the Congress, the income-tax department on Monday told the Supreme Court that it will not take coercive action against the party for the tax demand notices of over Rs.3,500 crore in view of the forthcoming Lok Sabha elections. A bench of Justices B.V. Nagarathna and Augustine George Masih recorded the statement of Solicitor-General …

I-T department raised tax demand in 2021 but you did not act, Delhi High Court tells Congress
1 year ago

I-T department raised tax demand in 2021 but you did not act, Delhi High Court tells Congress

The Hindu  

The Delhi High Court on Tuesday reserved its judgment on the Congress’s plea challenging an order of the Income Tax Appellate Tribunal that refused to stay a notice issued by the Income Tax department for recovery of outstanding dues of more than ₹100 crore. ‘Balanced view’ The High Court, however, told the Congress’s counsel that though the tax demand was …

Direct Tax Cases Weekly Round-Up:3 March To 9 March 2024
1 year ago

Direct Tax Cases Weekly Round-Up:3 March To 9 March 2024

Live Law  

Delhi High Court Case Title: PCIT Versus M/S Clix Finance India Pvt. Bombay High Court Case Title: Shell India Markets Private Limited Versus Union of India The Bombay High Court has held that business support services are not taxable as a fee for technical services, and no TDS is liable to be deducted. Patna High Court Case Title: Purnendu Shekhar …

Direct Tax Cases Weekly Round-Up: 25 February To 3 March 2024
1 year ago

Direct Tax Cases Weekly Round-Up: 25 February To 3 March 2024

Live Law  

Supreme Court Case Title: Bharti Cellular Limited v. Assistant Commissioner of Income Tax and Another Citation : 2024 LiveLaw 176 In a significant development, the Supreme Court recently held that under Section 194-H of the Income Tax Act, 1961, cellular mobile service providers are not liable to deduct tax at source on income/profit component in payments received by their franchisees/distributors …

Reopening Of Income Tax Assessments : Supreme Court Refuses To Interfere With Delhi High Court's Guidelines To Tax Dept
1 year, 1 month ago

Reopening Of Income Tax Assessments : Supreme Court Refuses To Interfere With Delhi High Court's Guidelines To Tax Dept

Live Law  

The Supreme Court has refused to interfere with a 2017 Delhi High Court judgment which issued a set of guidelines to the Income Tax Department regarding the reopening of assessments.A bench comprising Justice PS Narasimha and Justice Aravind Kumar dismissed a Special Leave Petition filed by the Income Tax Department in 2018 against the 2017 High Court verdict.The Delhi High …

Calcutta High Court Upholds Quashing Of CIT's Order Speculating Possibility Of Understatement In Closing Stock Without Specific Finding
1 year, 1 month ago

Calcutta High Court Upholds Quashing Of CIT's Order Speculating Possibility Of Understatement In Closing Stock Without Specific Finding

Live Law  

The Calcutta High Court has upheld the quashing of an order passed by the CIT speculating on the possibility of understatement in closing stock without a specific finding.The bench of Chief Justice T.S. The Calcutta High Court has upheld the quashing of an order passed by the CIT speculating on the possibility of understatement in closing stock without a specific …

Supreme Court Dismisses UP Govt.'s Appeal Against Allahabad HC Order Quashing Demand Of Rs. 235.52 Crores Against VIVO
1 year, 2 months ago

Supreme Court Dismisses UP Govt.'s Appeal Against Allahabad HC Order Quashing Demand Of Rs. 235.52 Crores Against VIVO

Live Law  

On Thursday, the Supreme Court dismissed a Special Leave Petition filed by the State of Uttar Pradesh against the order of the Allahabad High Court quashing the demand of Rs. 235.52 Crores raised against Vivo Mobile India Private Limited raised by GST Authorities vide order under Section 74 of the Goods and Service Tax Act 2017. While granting relief to …

I-T Dept Rejects Adjustment or Refund for Satyam Computers Tax Paid During Scam Years
1 year, 2 months ago

I-T Dept Rejects Adjustment or Refund for Satyam Computers Tax Paid During Scam Years

Deccan Chronicle  

HYDERABAD: The income-tax department on Thursday informed the Telangana High Court that the Income-Tax Act would not allow adjustment or refund of the tax paid by Satyam Computers for the years 2002-08. Additional solicitor-general B. Narasimha Sarma said this before a bench of Justice P. Sam Koshy and Justice N. Tukaramji, which was hearing the pleas filed by Tech Mahindra, …

Tax Cases Weekly Round-Up: 24 To 30 December, 2023
1 year, 2 months ago

Tax Cases Weekly Round-Up: 24 To 30 December, 2023

Live Law  

Delhi High Court Citation: 2023 LiveLaw 1351 Case Title: M/S Sethi Sons Versus Assistant Commissioner And Ors. Citation: 2023 LiveLaw 1352 Case Title: Triveni Enterprises Limited Versus ITO The Delhi High Court has upheld the constitutional validity of Section 115BBE of the Income Tax Act. Madras High Court Citation: 2023 LiveLaw 409 Case Title: M/s.Cognizant Technology Versus Assistant Commissioner of …

Tax Cases Weekly Round-Up: 17 To 23 December, 2023
1 year, 2 months ago

Tax Cases Weekly Round-Up: 17 To 23 December, 2023

Live Law  

Delhi High Court High-End KPO Services Provider Can't Be Compared With ITeS, Which Is BPO Services Provider: Delhi High Court Case Title: PCIT Versus Future First Info. Case Title: CIT Versus Hersh Washesher Chadha Citation: 2023 LiveLaw 1305 The Delhi High Court has held that Section 69A of the Income Tax Act can only be invoked where books of account …

Tax Cases Weekly Round-Up: 27 August To 2 September, 2023
1 year, 6 months ago

Tax Cases Weekly Round-Up: 27 August To 2 September, 2023

Live Law  

Delhi High Court Case Title: M/S. Case Title: Dattaprasad Kamat Versus Assistant Commissioner Of Income Tax The Bombay High Court has refused 50% entitlement to beneficial ownership in a husband's shareholding under the Portuguese Civil Code for 'deemed dividend' taxability. Case Citation: 2023 LiveLaw 33 The Jharkhand High Court has quashed the criminal proceedings against a petitioner who had been …

Tax Cases Weekly Round-Up: 6 August To 12 August, 2023
1 year, 7 months ago

Tax Cases Weekly Round-Up: 6 August To 12 August, 2023

Live Law  

Delhi High Court Case Title: PCIT Versus M/S Eltek Sgs Pvt. Case Title: Anokhi Realty Private Limited vs. Income Tax Officer 2023 LiveLaw 132 Case Citation: 2023 LiveLaw 132 The Gujarat High Court has quashed the income tax reassessment notice against a non-existent entity. Case Title: Commissioner Of Income Tax Versus Star Rays The Gujarat High Court has held that …

Allahabad High Court Weekly Round-Up: July 24 - July 30
1 year, 7 months ago

Allahabad High Court Weekly Round-Up: July 24 - July 30

Live Law  

NOMINAL INDEX Shweta Punj vs. Union of India and 4 others 2023 LiveLaw 224 Manorama Kuchhal And Another vs. Brijesh Narain Singh D.M./Collector NIC Dist. Lucknow And Another 2023 LiveLaw 230 ORDERS/JUDGMENTS OF THE WEEK Allahabad High Court Dismisses Challenge To Appointment Of Commissioners Of Income-Tax Case Title: Shweta Punj vs. Union of India and 4 others 2023 LiveLaw 224 …

Central tax asked to pass assessment orders
2 years ago

Central tax asked to pass assessment orders

Deccan Chronicle  

HYDERABAD: A two-judge bench of the Telangana High Court directed the commissioner of central tax to pass necessary assessment orders in a writ petition questioning attachment of bank accounts. The bench comprising Chief Justice Ujjal Bhuyan and Justice N. Tukaramji was dealing with a writ plea filed by Creative Kaven Developers seeking declaration of notice. The bench, comprising Chief Justice …

Tech Mahindra’s IT reassessment plea: HC questions CBDT\'s rejection
2 years ago

Tech Mahindra’s IT reassessment plea: HC questions CBDT\'s rejection

Deccan Chronicle  

HYDERABAD: The Telangana High Court on Wednesday questioned Central Board of Direct Taxes whether a departmental wing of the government can retain fictitious tax amounts. The division bench, comprising Chief Justice Ujjal Bhuyan and Justice N. Tukaramji, was hearing a batch of petitions filed in 2013 by Tech Mahindra challenging the actions of the Income Tax department which refused to …

HC takes up Tech Mahindra’s plea on Satyam’s IT payments
2 years, 1 month ago

HC takes up Tech Mahindra’s plea on Satyam’s IT payments

Deccan Chronicle  

Hyderabad: The Telangana High Court on Wednesday heard the arguments in the petitions filed by Tech Mahindra challenging the actions of the Income Tax department, which refused to accept the revised returns filed for the years when the former chairman of Satyam had inflated revenue figures and paid taxes on fictitious income. Tech Mahindra computers had urged the Central Board …

Tax Cases Weekly Round-Up: 18 December to 24 December 2022
2 years, 2 months ago

Tax Cases Weekly Round-Up: 18 December to 24 December 2022

Live Law  

Supreme Court Small Tax Effect: Monetary Limit To Prefer An Appeal Before The Supreme Court Is Rs. Bombay High Court Case Title: The Principal Commissioner of Income Tax Versus M/s. Bombay High Court Case Title: M/s Bhatewara Associates Versus Union Of India The Bombay High Court has condoned a year-long delay in filing the Income Tax Return over "genuine hardships." …

Tax Cases Weekly Round-Up: 28 August To 3 September, 2022
2 years, 6 months ago

Tax Cases Weekly Round-Up: 28 August To 3 September, 2022

Live Law  

Delhi High Court Case Title: Rithala Education Society Versus Union Of India Citation: 2022 LiveLaw 816 The Delhi High Court held that the significance of issuing a show cause notice prior to issuing a re-assessment notice has been lost because the order under Section 148A of the Income Tax Act was made without taking into account the detailed reply filed …

Tax Cases Monthly Round-Up: July 2022
2 years, 7 months ago

Tax Cases Monthly Round-Up: July 2022

Live Law  

Indirect Tax Supreme Court Case Title: Commissioner of Customs And Central Excise, Amritsar v. M/s. Madras High Court Case Title: M/s.Anantham Retail Private Limited Versus State Tax Officer Citation: 2022 LiveLaw 283 While quashing the assessment order, the Madras High Court held that a demand for GST, interest, and penalty on Form DRC-01A cannot be made without the issuance of …

Weekly Round-Up of Tax Cases: May 15 To May 21
2 years, 10 months ago

Weekly Round-Up of Tax Cases: May 15 To May 21

Live Law  

Supreme Court Case Title : Union of India and Anr versus M/s Mohit Minerals Through Director Citation : 2022 LiveLaw 500 In a significant verdict, the Supreme Court held that the recommendations of the GST council are not binding on the Union and the State Governments. Delhi High Court Case Title: Rahul Biala Vs ITO Citation: 2022 LiveLaw 455 The …

Weekly Round Up Of Tax Cases : 1 May To 7 May, 2022
2 years, 10 months ago

Weekly Round Up Of Tax Cases : 1 May To 7 May, 2022

Live Law  

Supreme Court Supreme Court Saves Over 90,000 Income Tax Reassessment NoticesIssued After 2021 Amendment By Deeming Them As Notices Under Section 148A Case Title: Union of India v. Ashish Agarwal Citation : 2022 LiveLaw 444 The Supreme Court, on Wednesday, directed that reassessment notices under Section 148 of the unamended Income Tax Act which were issued beyond 01.04.2021 to be …

What the new ruling on taxation entails
2 years, 10 months ago

What the new ruling on taxation entails

Hindustan Times  

Taxation laws are arguably the most complex pieces of legislation in India. It has evolved as trite law that their interpretation would not depend upon contingency — until a day ago, when justices MR Shah and BV Nagarathna created a new judicial precedent when the court invoked its extraordinary powers under Article 142 of the Constitution to prevent over 9,000 …

Monthly Digest Of Tax Cases- April 2022
2 years, 10 months ago

Monthly Digest Of Tax Cases- April 2022

Live Law  

Indirect Taxes Supreme Court 1.Plea In Supreme Court Challenges The Constitutional Validity Of Levy Of GST On Lease/ Rent Payments Case Title: Myrayash Hotels Pvt. 2.Show Cause Notice Completely Deficient In Material Particulars: Delhi High Court Quashes GST Registration Cancellation Order Case Title: Fada Trading Private Limited Versus Commissioner Goods and Service Tax Citation: 2022 LiveLaw 328 The Delhi High …

Weekly Round-Up Of Tax Cases: 24 April To 30 April, 2022
2 years, 10 months ago

Weekly Round-Up Of Tax Cases: 24 April To 30 April, 2022

Live Law  

Supreme Court Income Tax Act - Loss Suffered Due To Exchange Fluctuation While Repaying Loan Can Be Regarded As Revenue Expenditure : Supreme Court Case Title: Wipro Finance Ltd. vs Commissioner of Income Tax Citation: 2022 LiveLaw 418 Allowing the appeal filed by Wipro Finance Ltd., the Supreme Court observed that the loss suffered owing to exchange fluctuation can be …

Weekly Digest Of Tax Cases: April 10 To April 17, 2022
2 years, 11 months ago

Weekly Digest Of Tax Cases: April 10 To April 17, 2022

Live Law  

High Court Delhi High Court Case Title: Commissioner of Income Tax Delhi versus Hamdard National Foundation Citation: 2022 LiveLaw 302 The Delhi High Court has upheld the factual findings made by the CIT and ITAT that the merit-cum scholarship/financial assistance provided by Hamdard National Foundation was not confined to students of a particular religious community, and therefore exemption under Section …

Madras High Court Expunges 'Scathing' Remarks Against Actor Vijay In Entry Tax Case
3 years, 1 month ago

Madras High Court Expunges 'Scathing' Remarks Against Actor Vijay In Entry Tax Case

Live Law  

In an appeal filed by Actor Vijay to remove the scathing remarks made by the single judge bench while dismissing his petition for tax exemption on a Rolls Royce Ghost Motor Car, Madras High Court has expunged the observations made by single judge bench in paras 3,4,7,8, 11 and 12 of the original order.Today, a Division Bench of Justices Pushpa …

Income-Tax Appellate Tribunal finds no error in Jagan firm\'s value
3 years, 2 months ago

Income-Tax Appellate Tribunal finds no error in Jagan firm\'s value

Deccan Chronicle  

Hyderabad: A recent order of the Income-Tax Appellate Tribunal, Hyderabad, dealing with the flow of investments into Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy’s media house Sakshi, though indirectly, exposed the chinks in the armour of the Central Bureau of Investigation’s quid pro quo cases against him and investors in the companies. Much to the delight of the YSR …

Tax department to appeal in fewer disputes to give relief to tax payers, cut litigation
5 years, 7 months ago

Tax department to appeal in fewer disputes to give relief to tax payers, cut litigation

Live Mint  

New Delhi: The Central Board of Direct Taxes on Thursday sharply raised the threshold for filing appeals in tax disputes to reduce tax litigation and to give relief to tax payers. The CBDT said in a circular on Thursday that it has raised the monetary threshold for filing appeals at all levels—from tribunals, through High Courts to the Supreme Court. …

SAT upholds SEBI penalty of ₹2.10 crore on NDTV, ₹3 lakhs each on 3 directors for not disclosing tax demand on time
5 years, 7 months ago

SAT upholds SEBI penalty of ₹2.10 crore on NDTV, ₹3 lakhs each on 3 directors for not disclosing tax demand on time

Op India  

The Securities Appellate Tribunal has upheld two orders of SEBI imposing a penalty of ₹2 crore on NDTV and ₹20 lakh on the company and the directors of the company. Of this, ₹25 lakh was imposed for failing to furnish information on time, and ₹1.75 crore fine was imposed for failing to comply with listing conditions In 2018, SEBI had …

Delhi High Court rejects Sonia and Rahul Gandhi's pleas opposing I-T notice seeking tax reassessment
6 years, 6 months ago

Delhi High Court rejects Sonia and Rahul Gandhi's pleas opposing I-T notice seeking tax reassessment

Firstpost  

The income tax cases against Sonia and Rahul Gandhi arose from the investigation into the National Herald case. The Delhi High Court on Monday rejected Congress leaders Sonia Gandhi and Rahul Gandhi’s pleas challenging the income tax notice seeking tax reassessment for the financial year 2011-2012. The income tax cases against the Congress leaders arose from the investigation into the …

#Aadhaar Mandatory For ITR From July 1, As SC Ordered Only Partial Relief: CBDT
7 years, 9 months ago

#Aadhaar Mandatory For ITR From July 1, As SC Ordered Only Partial Relief: CBDT

Live Law  

The Central Board of Direct Taxes on Saturday has issued a clarification regarding the quoting of Aadhaar for filing IT Returns, on the basis of Supreme Court Judgment in the Binoy Viswam Case.In a press release, the CBDT explained the effect of Supreme Court Judgment as follows; From July 1, 2017 onwards, every person eligible to obtain Aadhaar must quote …

#Aadhaar Mandatory For ITR From July 1, As SC Ordered Only Partial Relief: CBDT
7 years, 9 months ago

#Aadhaar Mandatory For ITR From July 1, As SC Ordered Only Partial Relief: CBDT

Live Law  

The Central Board of Direct Taxes on Saturday has issued a clarification regarding the quoting of Aadhaar for filing IT Returns, on the basis of Supreme Court Judgment in the Binoy Viswam Case.In a press release, the CBDT explained the effect of Supreme Court Judgment as follows; From July 1, 2017 onwards, every person eligible to obtain Aadhaar must quote …

CJI Asks Finance Ministry To Give Details Of Major Tax Cases
8 years, 1 month ago

CJI Asks Finance Ministry To Give Details Of Major Tax Cases

Live Law  

Chief Justice of India Justice J S Khehar has written to the Finance Ministry to provide details of major tax cases pending with the Supreme Court, so that the decision in one case could have a cascading effect in disposing of several others. News agency PTI reported that listing out initiatives taken by the apex court in reducing the pendency …

CJI Asks Finance Ministry To Give Details Of Major Tax Cases
8 years, 1 month ago

CJI Asks Finance Ministry To Give Details Of Major Tax Cases

Live Law  

Chief Justice of India Justice J S Khehar has written to the Finance Ministry to provide details of major tax cases pending with the Supreme Court, so that the decision in one case could have a cascading effect in disposing of several others. News agency PTI reported that listing out initiatives taken by the apex court in reducing the pendency …

Setback for senior Bachchan in KBC tax case
8 years, 10 months ago

Setback for senior Bachchan in KBC tax case

ABP News  

New Delhi: In a setback to Amitabh Bachchan, the Supreme Court on Wednesday upheld a plea by income tax authorities challenging the Bombay High Court order permitted the mega star tax relief in earnings made from 'Kaun Banega Crorepati'. An apex court bench comprising Justice Ranjan Gogoi and Justice Prafulla C. Pant said: "We are of the opinion that the …

Allahabad HC stays Service Tax levy from Senior Lawyers [Read Order]
8 years, 11 months ago

Allahabad HC stays Service Tax levy from Senior Lawyers [Read Order]

Live Law  

After Delhi, Calcutta and Gujarat High Courts, now the Allahabad High Court has also stayed the levy of Service Tax from Senior Lawyers.On a petition by a Senior Lawyer practising in Allahabad High Court Mr. Shashi Nandan, the Division Bench comprising of Justices V K Shukla and U C Srivastava, has also asked the Centre and CBEC to file their …

Allahabad HC stays Service Tax levy from Senior Lawyers [Read Order]
8 years, 11 months ago

Allahabad HC stays Service Tax levy from Senior Lawyers [Read Order]

Live Law  

After Delhi, Calcutta and Gujarat High Courts, now the Allahabad High Court has also stayed the levy of Service Tax from Senior Lawyers.On a petition by a Senior Lawyer practising in Allahabad High Court Mr. Shashi Nandan, the Division Bench comprising of Justices V K Shukla and U C Srivastava, has also asked the Centre and CBEC to file their …

Delhi HC stays Service Tax on Senior Lawyers, Centre likely to approach SC for transfer of all cases to SC [Read Order]
8 years, 11 months ago

Delhi HC stays Service Tax on Senior Lawyers, Centre likely to approach SC for transfer of all cases to SC [Read Order]

Live Law  

A Division Bench of Delhi High Court Today has stayed the Central Government Notifications No.9/2016-ST, No.18/2016-ST and No.19/2016-ST all dated 01.03.2016 by which Service Tax was introduced on Senior Lawyers. Ministry of Finance has recently notified the Service Tax Rules, 2016, based on Union Budget 2016.The order of stay is passed in tune with the interim order passed by. It …

Delhi HC stays Service Tax on Senior Lawyers, Centre likely to approach SC for transfer of all cases to SC [Read Order]
8 years, 11 months ago

Delhi HC stays Service Tax on Senior Lawyers, Centre likely to approach SC for transfer of all cases to SC [Read Order]

Live Law  

A Division Bench of Delhi High Court Today has stayed the Central Government Notifications No.9/2016-ST, No.18/2016-ST and No.19/2016-ST all dated 01.03.2016 by which Service Tax was introduced on Senior Lawyers. Ministry of Finance has recently notified the Service Tax Rules, 2016, based on Union Budget 2016.The order of stay is passed in tune with the interim order passed by. It …

More trouble for Mallya as Maharashtra sales tax dept files plea seeking dues
9 years ago

More trouble for Mallya as Maharashtra sales tax dept files plea seeking dues

Firstpost  

Maharashtra sales tax department on Wednesday filed a plea in Bombay High Court seeking recovery of dues amounting to crores of rupees from Mallya Mumbai: Adding to the woes of the defunct Kingfisher Airlines boss Vijay Mallya, the Maharashtra sales tax department on Wednesday filed a plea in Bombay High Court seeking recovery of dues amounting to crores of rupees. …

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