Judgements and Orders, Supreme Court and High courts of India



AO has no power to start fresh assessment in a case ,in which Hon’ble Tribunal has set aside order of AO, unless specific directions has been given in the order setting aside by appellate authority.

Posted in Income Tax |   937 Views



This appeal arises from a decision rendered by the National Consumer Disputes Redressal Commission ("NCDRC") on 19 September 2018. The NCDRC partly allowed the appeal filed by the insurer against a decision of the State Consumer Disputes Redressal Co

Posted in Corporate Law |   456 Views



This court is of the view that the impugned order passed by the Tribunal does not suffer from any legal infirmity warranting interference. The substantial question framed by this court while issuing notice is answered in the affirmative, that is, in

Posted in Income Tax |   603 Views



The Mumbai Tribunal has allowed relief to BCCI and directed CIT to grant registration under Section 12A citing that BCCI is still promoting the game of cricket.

Posted in Income Tax |   2259 Views



From above decision it is clear that if a reinsurance broker deduction it’s commission and remit balance commission to the foreign re-insurers with the permission of Reserve Bank of India ad according to the terms and conditions of an agreement with

Posted in Income Tax |   356 Views



In that view of the matter, whatever meagre amount is permissible under the statute must reach the victim's family without any loss of time when the compensation is sought for before the Court. The statute has taken care of the sufferings and pains o

Posted in Others |   744 Views



It is clear that confidential information submitted before Settlement Commission cannot be basis of addition in the assessment proceedings. The AO must have with him some incriminating materials in hand to substantiate addition made on the basis of i

Posted in Income Tax |   426 Views



The Supreme Court of India has passed the verdict on an appeal of Vodafone by which the Company had challenged the order of NCDRC (National Consumer Disputes Redressal Commission) by which it had firmed the view of State Consumer Disputes Redressal C

Posted in Corporate Law |   345 Views



Sale of a technical concept, that the assessee developed on his own, with respect to website malware monitoring, assessable as business income.

Posted in Income Tax |   622 Views



The Adjudicating Authority, the National Company Law Tribunal, Hyderabad Bench (NCLT), on January 21, 2019 approved MSL's resolution plan, which among other things involved an upfront payment of Rs 477 crores. While approving the resolution plan, the

Posted in Corporate Law |   558 Views




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