News Updates
Supreme Court Rules States Cannot Cite Financial Burden To Delay Judges Retiring At Sixty-Two
06 Aug 2026
Rajasthan High Court Demands Comprehensive Affidavit To Remove Encroachments Affecting Critical Ramgarh Dam Water Flow
06 Aug 2026
How Does Algorithmic Bias In Forest Governance Impact Adivasi Rights In Modern India Today?
06 Aug 2026
Christ University Pune Lavasa Hosts International Conference On Indian Knowledge Systems And Global Governance
06 Aug 2026
Bombay High Court Rules Pre-2015 Unilateral Arbitrator Appointments Valid if Contractually Authorized by Agreement
06 Aug 2026
Madras High Court orders TASMAC to issue bills for every liquor sale amid overcharging row
07 Aug 2026
Why Does Institutional Paralysis Persist Within India’s Lower Judiciary Recruitment Processes Across All State Boards?
07 Aug 2026
Ernst & Young Announces Applications for Senior Associate Role in Legal Practice
08 Aug 2026
Kerala High Court Salutes R. Rajesh's Supreme Sacrifice, Urges Vigilance in Kochi Flood Prevention
08 Aug 2026
Search Results for "Taxation Laws News | Supremetoday AI"
Fixed 35% Gross Receipts Share from AOP is Revenue, Not Profit; Taxable in Member's Hands: Supreme Court
#IncomeTaxReassessment #AOPTaxation
When 35% Meant Revenue, Not Profit: Supreme Court Redefines AOP Income TaxationIn a landmark tax ruling, the Supreme Court on May 12, 2026, held that a fixed 35% share of gross sale receipts from an Association of Persons (AOP)—untouched by business ...
Entry in Register of Members Not Mandatory for Locus Standi under Sections 397-398 Companies Act: Supreme Court
#CompaniesAct #OppressionMismanagement
Supreme Court Widens Doors for Investors: No Register Entry Needed to Fight Company OppressionIn a significant boost for minority stakeholders, the Supreme Court has ruled that a formal entry in a company's register of members isnot a prerequisite
JAOs Retain Authority for Sections 148/148A IT Notices Despite Faceless Scheme: Supreme Court Remits HC Verdicts Post Finance Act 2026 Clarification
#TaxReassessment #FacelessAssessment
Supreme Court Punts Massive Tax Clash Back to High Courts: JAO Powers Clarified by Parliament?In a pivotal move amid a storm of tax litigation, the Supreme Court of India has set aside High Court judgments that invalidated thousands of income tax reassessment not...
Consolidated SCNs under Sections 73/74 CGST Act Permissible Across Multiple FYs: Karnataka HC
#GSTSCN #Sections7374
Karnataka HC Greenlights Consolidated GST Notices Spanning Years – A Win for Revenue EfficiencyIn a landmark ruling, the Karnataka High Court Division Bench of Justices S.G. Pandit and K.V. Aravind has declared that show cause notices (SCNs) under
Litigation Rights of Tax Officials: Madras High Court Examines R. Kumaravel Plea Against DGIT Investigation
#IncomeTaxLaw #MadrasHighCourt
Assessing Due Process: Madras High Court Reviews Income Tax Investigation Dispute The High Court of Judicature at Madras, presided over by the Honourable The Chief Justice, has recently come under the spotlight regarding a legal challenge initiated by R. Kumaravel. The petition, brought again...
Vijay Appeals Madras HC Ruling on ₹1.5 Cr IT Penalty
#IncomeTaxAct #TaxAppeals
Vijay Appeals Madras HC Ruling on ₹1.5 Cr IT PenaltyIn a significant escalation of his ongoing tax dispute, actor-turned-politician C. Joseph Vijay, leader of the Tamilaga Vettri Kazhagam (TVK), has filed a writ appeal before a Division Bench of the Madras High Court
Supreme Court Dismisses IT Appeal Against NDTV Quashing
#SupremeCourt #TaxLitigation
Supreme Court Dismisses IT Appeal Against NDTV QuashingIn a significant victory for taxpayers challenging aggressive reassessments, theSupreme Court of Indiahas dismissed theIncome Tax Department's appeal against aDelhi High Courtorder quashing a reassessment notice issued to RRPR Holdings Pr...
Provisional Attachment of Bank Accounts Requires Written Opinion on Tangible Material: Bombay High Court
#ProvisionalAttachment #GSTDisputes
Bombay High Court Slams 'High-Handed' GST Officials for Attaching Bank Accounts Without Legal Basis In a sharp rebuke to tax authorities, the Bombay High Court has quashed two provisional attachment orders that froze the bank accounts of Nivara Infradevelopers LL...
States Can Withdraw Electricity Duty Exemptions Under Section 5A in Public Interest But Must Give One-Year Notice: Supreme Court
#TaxExemptions #PublicInterest
Supreme Court Greenlights Tax Exemption Withdrawals—But Only After a Fair WarningIn a nuanced verdict blending fiscal pragmatism with principles of fairness, the Supreme Court of India has ruled that states hold the power to withdraw tax exemptions granted to industries, provid...
Receivables from Reimbursements Qualify as 'Assets' u/s 153A Expl.2 Allowing Extended Reassessment: Delhi HC
#ITReassessment #SpecialAudit142(2A)
Huawei's Tax Tug-of-War: Delhi HC Delivers Split Verdict in Post-Search Reassessment BattleIn a nuanced ruling, theDelhi High Courtprovided partial relief toHuawei Telecommunications (India) Company Pvt. Ltd., quashing reassessment notices and special audit directions for Assessment Year (AY)...
