SEBI Penalties
Indirect Taxes
CENVAT Credit Can’t Be Denied Solely Because Plant And Machinery Are Embedded In Earth: Karnataka High CourtÂ
The Karnataka High Court has held that CENVAT credit on capital goods used to...
Indirect Taxes
Unjust Enrichment Doesn’t Apply to Customs Refunds From Assessments Finalised Before July 13, 2006: Gujarat High CourtÂ
The Gujarat High Court has held that the principle of unjust enrichment does not...
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Indirect Taxes
CENVAT Credit Can’t Be Denied Solely Because Plant And Machinery Are Embedded In Earth: Karnataka High CourtÂ
The Karnataka High Court has held that CENVAT credit on capital goods used to...
Indirect Taxes
Unjust Enrichment Doesn’t Apply to Customs Refunds From Assessments Finalised Before July 13, 2006: Gujarat High CourtÂ
The Gujarat High Court has held that the principle of unjust enrichment does not...
Company & PMLA
Money Laundering Case Can’t Continue Once Underlying FIR Is Quashed: Bombay High CourtÂ
The Bombay High Court at Goa has quashed money laundering proceedings holding that the...
Direct Tax
S. 263 Exception Can’t Justify Every Low-Tax Appeal: Allahabad High Court
The Allahabad High Court has dismissed two Income Tax Department appeals involving a tax...