Columns

JURIS HOUR’S ANALYSIS OF KEY POINTERS ON FINANCE BILL 2024

Author: Khushi J. Prajapati INTRODUCTION The Finance Minister Nirmala Sitharaman has presented her seventh straight budget on July 23 2024...
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Indirect Taxes

Excise Policy Scam: Supreme Court Grants Interim Bail To Delhi CM Arvind Kejriwal In The Money Laundering Case

The Supreme Court has granted interim bail to Delhi CM Arvind Kejriwal in the money laundering case. The Apex court...
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Transfer Pricing

ALP On Account Of Corporate Guarantee At 0.50% On Guaranteed Amount Is Proper Commission: ITAT

The Income Tax Appellate Tribunal (ITAT), Hyderabad Bench direct the Assessing Officer/learned TPO to adopt the same at 0.50% on...
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Income Tax

Relief To Axis Bank: Discount On ESOPs Is Allowable As Deduction, ITAT

In a major relief to Axis Bank, the Income Tax Appellate Tribunal (ITAT) Ahmedabad bench has ruled that the ESOP...
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GST

No GST Exemption On mutual beneficial schemes Provided By Indian Medical Association To Its Members: Kerala High Court

The Kerala High Court has held that no Goods and Service Tax (GST) exemption on mutual beneficial schemes provided by...
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International Taxation

State Is Obligated To Grant Foreign Tax Credit To Taxpayer: Sweden Supreme Court

The Sweden Supreme Court Court found that the provisions for the respective payments from the occupational pension insurance are the...
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Indirect Taxes

Import Of Gold Fall In The Category Of  “Prohibited Goods”: Delhi High Court

The Delhi High Court in its recent ruling held that the import of gold fall in the category of  “prohibited...
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Indirect Taxes

Dept. Can’t File Appeal Before CESTAT Of The Monetary Limit Below Rs. 50 lakhs: CESTAT

The Customs, Excise And Service Tax Appellate Tribunal, Chandigarh, ruled that the department can't file an appeal before CESTAT of...
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Columns GST

“Indian Economy in Pre-GST and Post-GST Era”

This Article is written by Rifat Alam, she is Pursuing her BA.LLB Honours from Department of Law, C.U. (Hazra Campus)....
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Columns IBC

IMPACT OF IBC ON MSME’s

This Article is written by Khushi. J. Prajapati who has completed her graduation from Somaiya University, Mumbai. ABSTRACTMSME’s Micro Small...
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Income Tax

Imparting Education Through Virtual Mode Or By Adoption Of New Technologies Qualifies Income Tax Exemption: Delhi High Court

The Delhi High Court ruled that imparting education through virtual mode or by adoption of new technologies qualifies Income Tax...
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Income Tax

No Income Tax Payable On Tamil Nadu Advocates welfare Fund: ITAT

The Income Tax Appellate Tribunal Chennai, ruled that no income tax payable on Tamil Nadu Advocates welfare fund.  The tribunal...
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IBC

Adjudicating Authority Empowered To Examine Entitlement Of Fee And Expenses: NCLAT

The National Company Law Appellate Tribunal, Delhi, ruled that adjudicating authority is empowered to examine the entitlement of fee and...
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IBC

Subsidiary Assets Can’t Be Included In Holding Company’s Resolution Plan Under IBC: Supreme Court

The Supreme Court ruled that the subsidiary assets can't be included in the holding company's resolution plan under IBC.  The...
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CCI

OMCs Did Not Violate Provisions Of Competition Act For Issuing  Joint Tender For Procurement Of Ethanol: CCI

The Competition Commission of India held that the OMCs did not violate provisions of competition act for issuing  joint tender...
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CCI

Imposition Of Pre-Payment Of Loan Penalty On End-Consumer By Finance Company Doesn’t Amount To Anti-Competitive Agreement: CCI

The Competition Commission of India ruled that imposition of Pre-Payment of loan penalty on end-consumer by Finance Company doesn't amount...
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Income Tax

Bandwidth Services Provided Outside India Not Taxable As Royalty: Delhi High Court

The Delhi High Court ruled that the bandwidth services provided outside India are not taxable as royalty. The court opined...
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Indirect Taxes

Liability To Pay Customs Duty In Addition To Fine Paid To Redeem Confiscated Goods: Supreme Court

The Supreme Court ruled that there is a liability to Pay Customs Duty in addition to fine paid to redeem...
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Income Tax

Whether ‘Royalty’ Is A ‘Tax’; Supreme Court Directs The Matter To Be Before Appropriate Bench

The Supreme Court has presided over the controversy of whether 'Royalty’ Is A ‘Tax’ or not. The court concluded that...
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