Tag: Tax Law
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Bombay High Court Upholds ITAT Order, Says Tata Power’s Broadband Trial Run Income, Scrap Sale Not Taxable
The Bombay High Court has dismissed the Income Tax Department's appeal against Tata Power Company Ltd. In this Tata Power Tax Ruling, the Court...
Karnataka High Court Strikes Down Health and National Security Cess on Pan Masala: Here’s Why
The Karnataka High Court has ruled in favor of several pan masala manufacturers by declaring key provisions of the Health Security and National Security...
Allahabad High Court Sitting Judge Challenges CBDT Order Denying Tax Exemption On Statutory Allowances Under New Regime
A sitting Allahabad High Court judge has challenged the CBDT's decision to deny tax exemptions on statutory judicial allowances under the new tax regime....
Supreme Court Upholds Legislative Competence Behind Karnataka’s Retrospective Withdrawal of Sugar Tax Exemption
The Supreme Court has upheld the Karnataka sugar tax exemption amendment, ruling that the Karnataka Legislature had the constitutional authority to retrospectively withdraw the...
Reliance KG Basin Gas Supply To UP Is Inter-State Sale, VAT Not Applicable: Supreme Court
The Supreme Court dismissed appeals filed by the State of Uttar Pradesh and upheld the Allahabad High Court’s ruling quashing VAT assessment orders against...
