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Supreme Court Dismisses Assessee's Appeal in Income Tax Rebate Case Due to Non-Satisfaction of Section 15(1) Conditions. Children’s Deferred Endowment Assurance Policy Premium Not Eligible for Rebate as Insurance Not on Assessee’s Own Life Under Income Tax Act, 1922....

The case arose from an income-tax assessment for the year 1960-61, where the assessee, a minor, claimed rebate under Section 15(1) of the Income-tax Act, 1922 for premium paid on a Children’s Deferr...

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Supreme Court Upholds Assessee Bank in Tax Dispute Over Appreciation of Blocked Foreign Exchange. Appreciation in Value of Pakistani Rupee Remittances Due to Devaluation Held Capital Receipt, Not Revenue Under Section 10 of Indian Income-tax Act, 1922....

The litigation concerned the tax treatment of appreciation in the value of foreign exchange held by a bank abroad, which arose upon devaluation of the Indian rupee. The respondent bank, Canara Bank Lt...

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Supreme Court Sets Aside Divorce Decree in Hindu Marriage Act Case Due to Procedural Error and Condonation. U.P. Amendment to Section 13(1)(viii) Requires Prior Judicial Separation Decree Before Divorce, and Husband's Cohabitation After Knowledge of Wife's Adultery Amounted to Condonation Under Section 23(1)(b) of Hindu Marriage Act, 1955....

The dispute arose from a matrimonial petition filed by the respondent husband under the Hindu Marriage Act, 1955, seeking dissolution of marriage by divorce and alternatively judicial separation from ...

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Supreme Court Upholds Landlord's Appeal in U.P. Rent Act Eviction Dispute Over Material Alterations. Tenant's Unauthorized Construction That Altered Form and Structure of Shops Constituted Material Alterations Under Section 3(1)(c) of U.P. (Temporary) Control of Rent and Eviction Act, 1947, Enabling Landlord to Sue Without District Magistrate's Permission....

The Supreme Court of India allowed a landlord's appeal against the Allahabad High Court's judgment which had dismissed an eviction suit under Section 3(1)(c) of the U.P. (Temporary) Control of Rent an...

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Supreme Court Upholds Appellant in Arbitration Award Filing Dispute Under Section 14(2) of Indian Arbitration Act, 1940. Certified Correct Copy Signed by Umpire Constitutes Signed Copy for Filing Under Section 14(2) of Indian Arbitration Act, 1940....

The dispute arose from a contract between Hindustan Construction Company Ltd. and the Union of India for the construction of certain highway bridges. Differences during execution led to arbitration be...

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Supreme Court Sets Aside Patna High Court Judgment Barring Civil Court Jurisdiction in Co-operative Society Dispute Against Bank for Forged Withdrawal. Non-Financing Bank Not Within Clause (e) of Section 48(1) of Bihar and Orissa Co-operative Societies Act, 1935; Bank Liable for Paying Forged Cheque Without Valid Mandate....

The dispute arose from the encashment of a forged cheque drawn on the account of Bihta Co-operative Development Cane Marketing Union Ltd., a society registered under the Bihar and Orissa Co-operative ...

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Supreme Court Dismisses Appeal by Sales Tax Officer, Jabalpur in Reassessment Limitation Case. Reassessment Notice Under MP General Sales Tax Act, 1958 Held Time-Barred as Proviso to Section 19(1) Preserved Limitation Period of Three Years Under Repealed Central Provinces and Berar Sales Tax Act, 1947....

The dispute arose from reassessment proceedings initiated under the Madhya Pradesh General Sales Tax Act, 1958, which had repealed the Central Provinces and Berar Sales Tax Act, 1947. The assessee, Ha...

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Supreme Court Upholds Assessee Firm in Income Tax Dispute Over Speculation Loss Set-Off. Speculation Loss of Registered Firm Cannot Be Apportioned Among Partners Under Second Proviso to Section 24(1) of Income-tax Act, 1922, and Must Be Carried Forward to Set Off Against Future Speculation Profits....

The dispute arose from the assessment of a firm registered under Section 26A of the Indian Income-tax Act, 1922, for the assessment years 1958-59, 1959-60, and 1960-61. The firm earned income from pro...

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Supreme Court Allows Revenue in Section 23A Income Tax Act Dispute — Family Shareholding and Control Block Test Misapplied. Court Rules That Inference of Concerted Action from Family Relationship and Common Interest Is Sufficient to Deem Company One in Which Public Are Not Substantially Interested Under Section 23A, Income Tax Act, 1922....

The dispute arose from income tax proceedings under section 23A of the Income-tax Act, 1922, concerning the respondent company, East Coast Commercial Co. Ltd., a public limited company with a paid-up ...

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Supreme Court Dismisses Accused's Appeal in Section 198 CrPC Complaint Substitution Case. Death of Complainant After Filing Complaint Under Section 198 CrPC Does Not Abate Proceedings; Court Can Substitute Prosecution Agency Under Section 495 CrPC....

The dispute arose from a criminal complaint filed under Section 198 of the Code of Criminal Procedure, 1898, before the Presidency Magistrate's 4th Court at Girgaon, Bombay. The appellant, Ashwin Nanu...