SC: Dismisses SLP against HC holding recovery u/s 226(3) from assessee-debtor as arbitrary

SC dismisses Revenue's SLP against HC directing refund of tax to assessee (settlee for sand Ghats) against Income-tax department's illegal and arbitrary recovery; On account of failure to collect and

Nov 23,2018

SC: Dismisses assessee's SLP against re-assessment upheld despite improper service of notice

SC dismisses assessee's SLP against Delhi HC ruling upholding re-assessment; HC had quashed ITAT order holding that service of Sec. 148 notice on a person other than 'principal officer' as

Nov 23,2018

SC: Dismisses SLP against grant of Sec. 10(23C) benefit on satellite schools franchisee fees

SC dismisses Revenue's SLP challenging Delhi HC judgement in case of Delhi Public School Society (assessee) for AY 2003-04; HC had held that assessee running 11 schools and over 100

Nov 15,2018

SC: Dismisses SLP against HC order rejecting TDS applicability on Hockey World Cup reimbursements

SC dismisses Revenue's SLP against Delhi HC judgement holding that no tax was deductible u/s 195 on payment made by assessee (Organizing Committee Hero Honda World Cup) to Federation of

Nov 15,2018

SC: Dismisses SLP against HC-order holding compensation for 'ROFR' breach as capital receipt

SC dismisses Revenue's SLP against Bombay HC ruling in case of a Parle group company (assessee); HC had held that compensation received by assessee in AY 1998-99 for breach of

Oct 24,2018

SC: Reverses HC; Assessee not 'local authority' post 2002 amendment; Denies exemption u/s 10(20)

SC allows Revenue's appeals, denies Sec. 10(20) exemption to assessee (constituted under Rajasthan Urban Improvement Act, 1959) as it is no longer covered by the definition of local Authority as

Oct 15,2018

SC: Dismisses SLP against Manjula Shah ruling on indexation benefit, cites low tax effect

SC dismisses Revenue's SLP against Bombay HC ruling in Manjula J. Shah on account of low tax effect; HC had upheld ITAT Special Bench ruling to hold that while computing

Sep 27,2018

SC: Constitution Bench: Sec. 139AA meets 'triple test' of right to privacy; Upholds constitutional validity

SC Constitution Bench (majority view) upholds constitutional validity of Sec.139AA of the Income Tax Act, that makes Aadhaar mandatory for I-T returns and PAN cards; Examines validity of Section 139AA in the

Sep 26,2018

SC: Dismisses SLP against Sec. 68 addition confirmation considering ITAT's minute examination on 'genuineness'

SC dismisses assessee-individual's SLP challenging Gujarat HC order which upheld unexplained cash credit addition u/s 68; Addition was made with respect to receipt of unsecured loan despite confirmation from lender; HC had

Sep 07,2018

SC: Dismisses Revenue's SLP against HC upholding Settlement Commission order granting immunity from penalties

SC dismisses Revenue's SLP 'on the ground of delay as well as on merit' against Delhi HC order upholding Settlement Commission's order granting immunity to assessee (engaged in liquor manufacturing

Aug 31,2018