Search Results for "Fifth Schedule"

15 result(s) found

Scroll Down To Discover

Found 15 result(s)

© Image Copyrights Juris Services & Technology

Supreme Court Allows NALCO's Appeal, Sets Aside Injunction in Arbitration Dispute — Civil Suit for Declaration and Injunction Not Maintainable When Arbitration Agreement Exists. Objections to Arbitration Agreement Must Be Raised Under Section 16 of Arbitration and Conciliation Act, 1996.

The Supreme Court allowed the appeal filed by National Aluminium Company Limited (NALCO) against the order of the High Court of Punjab & Haryana which...

© Image Copyrights Juris Services & Technology

Supreme Court Allows Appeal in Arbitration Appointment Dispute — CMD's Ineligibility to Act as Arbitrator Renders Appointment Void Ab Initio. Express Agreement in Writing Under Section 12(5) Proviso Must Be Post-Dispute and Cannot Be Inferred from Pre-Dispute Conduct.

The Supreme Court allowed the appeals filed by Bharat Broadband Network Limited (BBNL) against the judgment of the Delhi High Court, which had rejecte...

© Image Copyrights Juris Services & Technology

Supreme Court Dismisses Appeal of Manufacturer Challenging Turnover Tax Assessment Under Karnataka Sales Tax Act. Levy of turnover tax on total turnover including interstate sales for classification purposes is constitutionally valid and does not exceed legislative competence.

The appellant, M/s. Achal Industries, a manufacturer and registered dealer of cashew kernels and cashew shell oil, was assessed for turnover tax under...

© Image Copyrights Juris Services & Technology

Supreme Court Allows Deduction Under Section 80HH on Gross Profits Without Deducting Depreciation and Investment Allowance. The Court Overruled Motilal Pesticides and Held That Section 80HH Deduction Is Computed on 'Profits and Gains' Not 'Income'.

The Supreme Court considered a batch of civil appeals concerning the interpretation of Section 80HH of the Income Tax Act, 1961, for the Assessment Ye...