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Supreme Court Allows Appeal in Customs Valuation Case — Sequential Application of Valuation Rules Mandatory. Rule 7 and Rule 9 of Customs Valuation Rules, 2007 Cannot Be Applied Without First Considering Rules 4 and 5 for Identical or Similar Goods.

The case involves appeals by M/s. Diyas Mantra Lighting Private Limited and its directors against orders of the Principal Commissioner of Customs (Pre...

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Supreme Court Dismisses Appeals of Irregularly Appointed Forest Officers in Seniority Dispute. Appointments Beyond Advertised Vacancies Held Illegal, Seniority Counts Only From Regularisation Date.

The case pertains to the seniority of Assistant Conservators of Forests (ACFs) in the Bihar Forest Service. The appellants were appointed on 13.04.198...

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Supreme Court Allows Appeal on Parity Grounds in Bank Loan Misconduct Case. Converts Removal from Service to Compulsory Retirement for Bank Officer Where Co-Delinquents Received Lesser Punishment for Similar Misconduct.

The appellant, Naresh Chandra Bhardwaj, was a Scale II Officer with the Bank of India. While posted at the Lal Bangla Branch, Kanpur, he sanctioned th...

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Supreme Court Remands FEMA Case to High Court for Fresh Consideration Due to Failure to Examine Material Evidence. High Court's Assumption That No Evidence Was Filed Was Contrary to Record, Requiring Remand Under Section 8 and Section 42 of FEMA, 1999.

The Supreme Court dealt with appeals arising from a High Court judgment that had allowed appeals by the Union of India and dismissed a writ petition b...

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Supreme Court Disposes of Appeal Against Interim Order in Entry Tax Interest Dispute. No Further Recovery of Interest on Arrears of Entry Tax Pending Final Decision of Writ Petition Under U.P. Act 2007.

The appeal arose from an interim order of the Allahabad High Court dated 11.07.2018 in a writ petition filed by VST Industries Limited challenging a d...

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Supreme Court Remands Tax Appeal to ITAT Due to Erroneous Factual Finding by Tribunal. Revenue Expenditure Dispute Under Income Tax Act, 1961 Requires Re-adjudication.

The appeal arose from a dispute concerning the assessment year 1993-94, where the respondent-assessee, Ballarpur Industries Ltd., claimed a deduction ...

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Supreme Court Remands Tax Appeal to ITAT for Fresh Adjudication Due to Erroneous Factual Findings. Revenue Expenditure Dispute Over Rs. 3.25 Crore Payment to Promoter Requires Re-examination by Tribunal.

The Supreme Court heard an appeal by the Pr. Commissioner of Income Tax, Nagpur against the judgment of the Bombay High Court (Nagpur Bench) which had...