The legislature can pass laws, but it cannot directly overturn a court decision: CJI
Chief Justice of India D Y Chandrachud discussed the division of powers among the administration, legislature, and judiciary. She stated
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Legal Corner
No service tax on Corporate guarantees provided by firms to arms: SC
The Supreme Court has ruled that no service tax would be levied on corporate guarantees provided by a parent company
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Liquidated damages in certain cases to draw 18% GST: AAR
Liquidated damages received by a service receiver from a service provider for not meeting terms of contract would attract 18
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NCLAT upholds Rs. 1,338-crore fine on Google, grants partial relief
An appellate tribunal handed out a mixed verdict on Google’s alleged anti-competitive practices in the android mobile devise case –
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53-yr old officer gets 4-yr RI for Rs. 75k bride to reduce firm’s tax
Observing that the dishonest intention and abuse of official position to grab money as gratification is alarming, a special CBI
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SC rejects BIFR cases
The Supreme Court recently disposed of a bunch of cases in which the basic legal question was whether, after the
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Evidence against 3rd parties subject to tax proceedings, rules SC
The Supreme Court upheld an amendment that allows income tax officials to proceed against “third parties” against whom incriminating evidence
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Delay in TDS remit shall not attract penalty: SC
The Supreme Court (SC) held that the delay in remitting tax deducted at source (TDS) by assessee is not liable
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HC: Bank can’t bar loan defaulter from foreign trip
The high court authorised a city-based businessman to travel to (UAE) and Saudi Arabia for business purposes, pointing out that
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Inherited assets tax: ITAT bats for legal heir
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has settled in a recent order the contentious issue relating
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