Discounts and Rebates not part of ‘Sale Price’ | Refund of tax paid on excess amount
The Supreme Court’s latest judgement in Universal Cylinders Limited vs. Commercial Taxes Officer interpreted Section 2(39) of the Rajasthan Sales Tax Act, 1994, which defines...
S. 143(1)(a) Adjustment For Section 36(1)(viii) bad debts disallowance
The latest Bombay High Court judgement considers whether an adjustment u/s 143(1)(a) of the Income-tax Act, 1961, relating to disallowance of the claim for bad...
Law On Oppression Or Mismanagement U/s 397, 398 Companies Act
The latest Bombay High Court judgement in Abdul Wahid Abdul Gaffor Khatri vs. Safe Heights Developers Pvt. Ltd COMPANY APPEAL NO.22 OF 2013 explains the...
Divorce By Mutual Consent: Supreme Court Grants Custody Of Child
By this judgement, the Supreme Court held that the marriage between Sudarsana Rao Gadde and Karuna Gadde is dissolved by a decree of divorce by...
Latest Judgement On Public Premises (Eviction of Unauthorised Occupants) Act, 1971 By Supreme Court
The Supreme Court judgement considers the seminal question whether the order passed by the City Civil Court in exercise of power under Section 9 of...
Right to Information Act, 2005 Interpreted By Supreme Court
The Supreme Court has held in the latest judgement that indiscriminate and impractical demands or directions under the Right to Information Act, 2005 (RTI Act)...
Supreme Court Explains SC/ST Prevention Of Atrocities Act In Latest Judgement
The Supreme Court judgement considers a case where a complaint was filed before the jurisdictional police station under Sections 420, 467, 468, 471, 120B,...
Supreme Court Explains SARFAESI Act In Latest Judgement
In the latest judgement, the Supreme Court has analyzed the provisions of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act,...
Supreme Court Judgement Against Multi-National Chartered Accounting Firms
The Supreme Court judgement lays down law on the exercise of power under Section 21 of the Chartered Accountants Act, 1949 (‘CA Act’) to initiate...
Grant of bail is the rule and refusal is the exception: Supreme Court Judgement
The Supreme Court has held in the latest judgement that the historical background of the provision for bail has been elaborately and lucidly explained in...