Tax Law

Supreme Court Allows Appeal, Grants Time to File Before Sales Tax Tribunal: M/S Gennex Laboratories Ltd. vs. The Commercial Tax Officer (2017)

LEGAL ISSUE: Whether the High Court was correct in dismissing the writ petition on the ground that the appellant had not availed the statutory remedy of appeal before the Sales Tax Tribunal. CASE TYPE: Tax Law Case Name: M/S Gennex Laboratories Ltd. vs. The Commercial Tax Officer, Hyderabad & Anr. Judgment Date: July 10, 2017 […]

Supreme Court Allows Appeal, Grants Time to File Before Sales Tax Tribunal: M/S Gennex Laboratories Ltd. vs. The Commercial Tax Officer (2017) Read Post »

Supreme Court clarifies interest on delayed excise refunds: Union of India vs. Shreeji Colour Chem Industries (2008)

Introduction Date of the Judgment: September 15, 2008 Judges: Dr. Arijit Pasayat, J., Dr. Mukundakam Sharma, J. When does the government have to pay interest on delayed refunds of excise duties? The Supreme Court of India addressed this question in a case involving Shreeji Colour Chem Industries. The core issue was whether the company was

Supreme Court clarifies interest on delayed excise refunds: Union of India vs. Shreeji Colour Chem Industries (2008) Read Post »

Supreme Court settles deduction on guest house expenses under Section 37 of Income Tax Act: Britannia Industries vs. Commissioner of Income Tax (2005)

Introduction Date of the Judgment: 05/10/2005 Citation: Appeal (civil) 2415 of 2004 Judges: B.P. Singh, Tarun Chatterjee & Altamas Kabir Can expenses incurred on a guest house be claimed as a deduction under the Income Tax Act, given the specific provisions regarding guest houses? The Supreme Court of India addressed this question in a case

Supreme Court settles deduction on guest house expenses under Section 37 of Income Tax Act: Britannia Industries vs. Commissioner of Income Tax (2005) Read Post »

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