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Latest Supreme Court Verdicts

  1. South East Asia Marine Engineering And Constructions Ltd (Seamec Ltd) vs. Oil India Ltd (Supreme Court) From the aforesaid discussion, it can be said that the contract was based on a fixed rate. The party, before entering the tender process, entered the contract after mitigating the risk of such an incr .....

  2. In Re Vijay Kurle & Others (II) (Supreme Court) There is not an iota of remorse or any semblance of apology on behalf of the contemnors. Since they have not argued on sentence, we have to decide the sentence without assistance of the contemnors. In .....

  3. In Re Cognizance For Extension Of Limitation (II) (Supreme Court) In case the limitation has expired after 15.03.2020 then the period from 15.03.2020 till the date on which the lockdown is lifted in the jurisdictional area where the dispute lies or where the cause o .....

Latest High Court Verdicts

  1. Anand Developers vs. ACIT (Bombay High Court) The decision in Calcutta Discount Co. Ltd in fact, assists the case of the Petitioner rather than the Respondents. In this decision, the Hon'ble Supreme Court has held that it is the duty of the asses .....

  2. In Re: Extention of Interim Orders (Bombay High Court) we fnd it appropriate to continue all interim orders which are operating till today and are not already continued by some other courts / authority including this court and the same shall remain in for .....

  3. Paradigm Geophysical Pty Ltd vs. CIT (Delhi High Court) If the nature of services rendered have a proximate nexus with the extraction of production of mineral oils, it would be outside the ambit of the definition of FTS. In the instant case, since the natu .....

Latest ITAT Verdicts

  1. DCIT vs. JSW Limited (ITAT Mumbai) In the light of the above discussions, we are of the considered view that rather than taking a pedantic view of the rule requiring pronouncement of orders within 90 days, disregarding the important fa .....

  2. Pandhes Infracon Pvt Ltd vs. ACIT (ITAT Mumbai) As all of us are traversing through one of the toughest patch of time, facing the Covid 19 pandemic, and the poorer sections of society are hardest hit. It is, therefore, all the more necessary for ev .....

  3. Aricent Technologies Holdings Ltd vs. ACIT (ITAT Delhi) In terms of section 205 of the Act, the assessee/deductee cannot be called upon to pay tax, to the extent to which tax had been deducted from the payments due. Consequently, it follows that credit for .....

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  1. CBDT Press Release Reg Reduction In Rate Of TDS And TCS The CBDT has issued a press release regarding the reduction in rate of Tax Deduction at Source (TDS) & Tax Collection at Source (TCS)
    High Court Should Resume Normal Physical Hearings As “Democratic Functioning” Is “Imperiled”: Senior Advocates Six eminent senior Advocates of the Bombay High Court, being Iqbal Chagla, Janak Dwarkadas, Fedun E De Vitre, Navroz Seervai, Darius Khambata and M P Bharucha, are planning to meet Chief Justice, Dipa .....

  2. CBDT Circular: Clarification In Respect Of Residency Under Section 6 Of The Income-tax Act, 1961 The CBDT has vide Circular 11 of 2020 dated 8th May 2020 provided important clarification on the issue of determining the residential status of persons who have been compelled to prolong their stay in .....

Latest Articles By Legal Luminaries

  1. CBDT Press Release Reg Reduction In Rate Of TDS And TCS The CBDT has issued a press release regarding the reduction in rate of Tax Deduction at Source (TDS) & Tax Collection at Source (TCS)
    High Court Should Resume Normal Physical Hearings As “Democratic Functioning” Is “Imperiled”: Senior Advocates Six eminent senior Advocates of the Bombay High Court, being Iqbal Chagla, Janak Dwarkadas, Fedun E De Vitre, Navroz Seervai, Darius Khambata and M P Bharucha, are planning to meet Chief Justice, Dipa .....

  2. CBDT Circular: Clarification In Respect Of Residency Under Section 6 Of The Income-tax Act, 1961 The CBDT has vide Circular 11 of 2020 dated 8th May 2020 provided important clarification on the issue of determining the residential status of persons who have been compelled to prolong their stay in .....

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  1. The Finance Bill 2020: Nani Palkhivala Rightly Called The Income-tax Act “A National Disgrace” Dr. K. Shivaram, Senior Advocate, has pointed out that the lament by Nani Palkhivala several decades ago regarding the 'maddening instability' of the Income-tax Act and it being a "natio .....

  2. Finance Bill 2020 – Suggestions Of Tax Consultants – Reform In Tax Law And Tax Administration – Ease Of Doing Business Dr. K. Shivaram, Senior Advocate, has offered several valuable suggestions on what reforms in tax laws and tax administration have to be implemented so as to achieve the noble objective of improving t .....

  3. A Bold Reform In The History Of Taxation Dr. K. Shivaram, Senior Advocate, has stated that the step to cut corporate tax is a much needed bold reform-tax. He has pointed out that professionals have wholeheartedly appreciated the sincere effo .....

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  1. Three Legal issues answered : FROM MY ARCHIVES-ITAT, UNREPORTED DECISIONS Part 6 FROM MY ARCHIVES-ITAT, KOLKATA UNREPORTED DECISIONS   ( Part 6)


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