On May 19, 2022, the Supreme Court of India delivered two significant judgments that have altered the landscape of indirect taxation. One of these rulings […]
Supreme Court
Supreme Court Decisions on Tax Reassessment Notices: What Taxpayers Must Know
Reassessment notices are a crucial tool in the enforcement of tax compliance. They allow tax authorities to reopen completed assessments when they suspect that income […]
Validity of Income Tax Reassessment Notices: Insights from Supreme Court Decisions
Reassessment under the Income Tax Act is a vital tool enabling tax authorities to revisit assessments where income has escaped scrutiny. However, the validity of […]
Finance Act 2023: Key Changes and Supreme Court Rulings on Charitable and Religious Trusts
The amended registration scheme under the Finance Act 2023 has made a significant distinction between trusts or institutions that have commenced their activities and those […]
Top 25 Landmark Corporate Law Judgments of 2021
In a significant judgment, the Supreme Court ruled that borrowers do not have an inherent right to claim benefits under the One Time Settlement (OTS) […]
Electoral Bonds Case Verdict: How the Supreme Court Reshaped Transparency in Politics
Political funding has always been a contested space in Indian democracy. The need for resources to contest elections, run political campaigns, and sustain party operations […]
CBDT Responds to SC in Abhisar Buildwell: A Critical Perspective
This instruction was issued to standardize the implementation process of the Supreme Court’s decision, especially in cases involving completed or unabated assessments under sections 153A […]
Supreme Court Rules: High Court Stays Not Subject to Automatic Vacation
Stay orders are one of the most crucial tools in the Indian judicial system. They are temporary orders issued by a court to suspend the […]