24 February 2020


Search Results for Tag : Sale

Judgments

Levy of VAT on the sale price of transaction yet to take place not sustainable in law(04.08.2015)

The Delhi High Court struck down Explanation 2 to Section 2 (1) (zd) of the Delhi Value Added Tax (Fourth Amendment) Act, 2012 as being ultra vires t.....

Tags : value added tax, delhi, sale, ultra vires

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Property becoming more valuable subsequent to conclusion of sale by liquidator is not a relevant consideration in determining the legality of the sale(13.08.2015)

If a higher offer is received in respect of the sale of property of a company in liquidation, the Court is not justified in reopening the concluded pr.....

Tags : liquidation, sale, higher offer, conclusion

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Court to not compel specific performance of contract unless the whole contract can be executed(21.08.2015)

In a case where the Defendant agreed to sell property in its entirety but it later emerged that he had only a third of the share in the property, the .....

Tags : Specific performance, sale, property, part share

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Difference between sales tax charged and NPV paid not includible as transaction value(06.10.2015)

Distinguishing three judgments of the Supreme Court that the difference between amounts collected by Assessee from its customers as sales tax and the .....

Tags : excise, sales tax, net present value, transaction value

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No duty of Defendant to disprove Plaintiff’s unsubstantiated case(09.09.2015)

Plaintiff asserting illegal and in-operative deed for sale of land must prove as such and establish its own right, interest and possession over the la.....

Tags : Sale of land, burden of proof, plaintiff

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Magnasound and Sony ordered to hand over music to liquidator(21.10.2015)

The Bombay High Court ordered Magnasound, Sony Music and another to hand over Magnasound’s repository of music and other materials to its Official Liq.....

Tags : sony, asha bhosale, wind up, employees

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Name of person selling SIM card not required on form(11.03.2016)

Customer Acquisition Forms for acquiring a SIM card, completed at the Point of Sale, do not require the name of the person verifying the document.

Tags : Telecom operator, subscription form, point of sale

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CCI lets Wiley India off the hook(28.06.2016)

The Competition Commission of India dismissed a complaint against pre-eminent publisher of scientific, technical and medical journals, Wiley India, fo.....

Tags : wiley india, journal, distribution, authorised agent, resale price maintenance

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CCI begins nosing around fishy Uttarakhand alcohol wholesaling(19.07.2016)

The Competition Commission of India ordered an investigation into claims that the State-owned wholesalers in Uttarakhand are indulging in one-sided a.....

Tags : wholesale, india made foreign liquor, uttarakhand, discrimination

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When parties mutually agreed for jurisdiction of Delhi Courts and fact that, goods were supplied from Delhi, Delhi High Court has jurisdiction(30.08.2016)

Appellants-Defendants were appointed as Clearing and Forwarding Agents and Stockists of respondents-Plaintiffs and on account of appellants-defendants.....

Tags : Contract, Privity, Sale of goods, Jurisdiction

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Larger bench to resolve dilemma over sales tax on club F&B(04.06.2016)

A Division Bench of Justices Dipak Misra and Shiva Kirti Singh referred to a larger Bench of the Supreme Court to decide if food and beverage sold by .....

Tags : sales tax, club, permanent members, f&b

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Article 134 of Limitation Act, 1963 applicable “when sale becomes absolute” and not when sale was confirmed(11.01.2017)

Instant appeal arises out of order passed by High Court of Kerala allowing revision and thereby dismissing application filed by Appellant under Order .....

Tags : Sale, Possession, Delivery, Limitation

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Sale could be set aside only when material irregularity or fraud results in causing substantial injury to judgment-debtor(02.05.2017)

Instant appeal is filed by auction purchaser against final judgment passed by High Court of Judicature, Andhra Pradesh whereby High Court allowed appe.....

Tags : Auction, Sale, Validity

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True nature of document has to be determined in facts of each case; precedents, in abundance, will not suffice alone(24.10.2017)

The Plaintiff's suit for redemption of mortgage, decreed by the trial Court and affirmed in first appeal, having been reversed by the High Court, the .....

Tags : Document, Nature, Sale deed, Option to repurchase

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Profits on sale of shares were liable to taxed under the head capital gains(27.11.2017)

This appeal has been filed by the Revenue for challenging the order of CIT(A) for treating the profit earned by the Assessee from the sale of shares u.....

Tags : Capital Gains, Sale of shares

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An under-raiyat is prohibited from transferring his interest as under-raiyat in any land though this interest is a heritable interest(08.12.2017)

Ramkrishna Datta, Dhirendra Chandra Ghosh and Lalit Mohan Ghosh, filed a suit in the trial court for declaration of their title on the suit land with .....

Tags : Sale deed, Execution, Raiyat, Rights

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Only because signature of one of parties is missing in a document, it cannot be concluded that such person did not join in execution of instrument(10.04.2018)

The question arises in present appeal is, as to whether a registered sale deed which does not bear signature of the vendor at the place where his name.....

Tags : Sale Deed, Execution, Validity

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Once factum of existence of legal necessity stood proved, no co-coparcener (son) has a right to challenge sale made by Karta of his family(20.08.2018)

Present appeal is filed by the legal representatives of the original Plaintiff against the final judgment passed by the High Court. By impugned order,.....

Tags : Sale, Legal necessity, Proof

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When the application for appointment of Receiver or for permission for sale is moved, Trial Court shall consider the same expeditiously(23.12.2019)

The present petition has been preferred by the Petitioner/Plaintiff ("Bank") challenging the impugned order by which Trial Court has simply adjourned .....

Tags : Vehicle, Sale, Auction

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Benefit extended under Customs Act waiving customs duty cannot be taken as waiver of sales tax under state and central laws(21.01.2020)

The admitted factual position in the present cases is that, after importing foreign made cigarettes, the Appellants stored the same in the customs bon.....

Tags : Sales tax, Levy, Legality

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‘Undue influence’ in execution of a contract cannot be inferred merely because a family member was looking after his family elder(11.09.2019)

In present matter, the Plaintiff and Defendant No. 2 are brothers. Defendant No. 1 was the wife of Defendant No. 2. Respondents Nos. 1 to 3 are sons o.....

Tags : Sale deed, Execution, Undue Influence

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Only expressly created statutory first charges under Central and State laws can take precedence over claims of secured creditors(04.12.2019)

Present appeal arises out of judgment passed by High Court. Vide the impugned judgment, the High Court has directed the issuance of a recovery certifi.....

Tags : Sale, Secured assets, Proceeds

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Notifications & Circulars

Sale of goods and display of prices at duty free shops in Indian currency - amendment of circular 31/2016 - Customs dated 6th July 2016(18.12.2017)

1. Representations have been received regarding lack of clarity in use of INR credit cards/debit cards for making payments by passengers at duty free .....

Tags : Goods, Sale, Duty free shops

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Import and Sale of Sub-Standard Goods(07.01.2019)

Import of sub-standard goods and their sale have come to the notice of the Government in Indian market. Appropriate action under the Customs Act, 1962.....

Tags : Import, Sale, Sub-Standard Goods

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Sale of Securities held in Held to Maturity (HTM) Category - Accounting treatment(10.06.2019)

Please refer to Para 16.2 of Master Circular DCBR.BPD.(PCB).MC.No.4/16.20.000/2015-16 dated July 01, 2015 on Investments by Primary (Urban) Co-operati.....

Tags : Securities, Sale, Accounting treatment

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Finalization of Draft Rules on Sale of Drugs by E-Pharmacies(25.06.2019)

The Government has published draft rules vide G.S.R. 817 (E) dated 28th August 2018 for inviting public/stakeholder comments for amendment to the Drug.....

Tags : Draft Rules, Finalization, Sale of Drugs, E-Pharmacies

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Acceptance of e-BRC of DGFT Towards Proof of Realization of Sale Proceeds for Exports with LEO Date Upto 31.03.2014 under Drawback Scheme(28.02.2017)

Attention is invited to Board's Circular No. 5/2009-Customs dated 2.2.2009 which prescribes Bank Realization Certificate (BRC) as one of the documents.....

Tags : Acceptance, E-brc, Proof, Sale proceeds

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Point of Sale (POS) Devices and Goods required for their manufacture exempted from Central Excise Duty till March 31, 2017(29.11.2016)

The Government has demonetised the currency notes of Rs 500 and Rs 1,000 with effect from mid-night of 8th-9th November, 2016. Along with this, the Go.....

Tags : Exemption, Sale, Goods

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Proceeds from unlisted share sale to default to ‘Capital Gain’ head(05.05.2016)

The Central Board of Direct Taxes directed its offices that income from transfer of unlisted shares irrespective of period of holding would be taxable.....

Tags : Unlisted shares, sale, capital gain, income tax

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CENVAT Credit (Second Amendment) Rules, 2016(03.02.2016)

The Ministry of Finance notified rules amending the CENVAT Credit Rules, 2004. The amendment incorporates Explanation to Rule 2(l)(C), "Explanation.-F.....

Tags : Cenvat, rules, sales promotion, swachh bharat

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Review of Offer for Sale of Shares through stock exchange mechanism(15.02.2016)

The Securities and Exchange Board of India has modified the guidelines on sale of shares through Offer for Sale mechanism in response to suggestions f.....

Tags : Offer for sale, shares, notification, timeframe

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News

CCI Dismisses Complaint Against 6 Individuals in Land Sale Case(18.03.2016)

Competition Commission of India (CCI) has rejected a complaint against six individuals pertaining to sale of land plots in Dehradun, saying it is a di.....

Tags : Competition Commission of India , Land Sale Case

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Online Sales to be Considered as Exports(13.04.2016)

Government has said all sales by Indian sellers to foreign buyers through digital platforms would be classified as export. It will allow the domestic .....

Tags : Government, MEIS, Online Sales

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Bombay High Court to Maharashtra: Will You Stop Online Sale of Drugs ?(29.10.2015)

Bombay High Court has asked Maharashtra Government to inform what steps it would take to stop online sale of drugs specially mentioned under Schedule .....

Tags : Bombay High Court, Sale of Drugs ,Maharashtra Government

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Bombay High Court to Committee: Study Online Drug Sale Laws Abroad(30.10.2015)

Bombay HC has ordered State Government to consider taking steps in law to regulate the sale of medicines through websites, until a proper law is enfor.....

Tags : Bombay HC , Online Drug Sale

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Delhi High Court Junks Plea Seeking Enactment of Law Banning Cow Slaughter(06.11.2015)

Delhi High Court has junked a plea seeking enactment of law prohibiting slaughter of cows, sale of beef and such products across national capital regi.....

Tags : Delhi High Court, sale of beef

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Madras HC Makes Production of Life Certificates of Principal Landowners Must for Registration(02.12.2015)

Madras HC has upheld authority of Inspector General of Registration (IGR) to issue circular instructing Sub-Registrars across State to insist on produ.....

Tags : Madras HC ,Inspector General of Registration , sale deeds for registration

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Rajasthan HC: No Sale of Flats Without Completion Certificate(14.12.2015)

Rajasthan High Court has ordered that no registration of flats in multi-storey buildings will be allowed in the state without issuance of completion c.....

Tags : Rajasthan High Court , Sale of Flats

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Bombay High Court Stays Ban on Sale of Meat in Mumbai on September 17(14.09.2015)

Bombay High Court on petition challenging ban imposed in name of Jain community's 'Paryushan' fasting period, has stayed ban on sale of meat in Mumbai.....

Tags : Bombay High Court,Paryushan,Ban on Sale of Meat

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Madras HC Comes Down Heavily on Tobacco Sale Near Schools(14.06.2016)

Madras High Court has directed public health department and police officers to crack down on tobacco sale and use in the vicinity of schools and said,.....

Tags : Madras High Court, Tobacco Sale Near Schools

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Delhi HC Seeks Government’s Opinion over Private Sale of Army Apparels, Gears(07.12.2016)

Delhi High Court has said that private sale of army apparel and gear was a "serious issue" since these have been used by terrorists to strike at milit.....

Tags : Delhi High Court , army apparel, Private Sale, terrorists

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Bombay HC Quashes State’s Demand Order Claiming 111.78 Crore Sale Tax From BrahMos(11.01.2017)

Bombay High Court has quashed and set aside a demand order issued to BrahMos Aerospace Pvt Ltd by Maharashtra Sales Tax Department, demanding Rs 117.7.....

Tags : Bombay High Court, BrahMos Aerospace, Sales Tax

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Madras HC Questions Centre, TN Govt Over Liquor Sale(07.02.2017)

Madras High Court, while expressing concern over drinking and offences committed due to it, has posed a set of questions to Centre and Tamil Nadu Gove.....

Tags : Madras High Court, Liquor Sale

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Bombay HC Directs SEC to Consider Reshma Bhosale As Independent Candidate(09.02.2017)

Bombay High Court has directed State Election Commission (SEC) to consider Reshma Bhosale as an independent candidate, contradicting decision of Retur.....

Tags : Bombay High Court, Reshma Bhosale, Election Commission

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Madras HC: No Registration of Sale Deed in Unauthorised Layouts(12.09.2016)

Madras HC, while seeking to prevent further development of unauthorised layouts and conversion of agricultural areas for non-agriculture use in an unp.....

Tags : Madras HC, Sale Deed

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Bombay HC Orders Tighter Norms on Long-Term Capital Gains from Property Sale(15.09.2016)

Bombay HC has held that an exemption from long-term capital gains where sale proceeds of original asset are invested in a new residential property, wi.....

Tags : Bombay HC, long-term capital gain, Property Sale

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Madras HC: Amendment to Additional Sales Tax Act Unconstitutional(03.10.2016)

Madras HC has declared unconstitutional inclusion of Explanation V to Section 2(1)(aa) of TN Additional Sales Tax Act, 1970, in 2002 to levy additiona.....

Tags : Madras HC , TN Additional Sales Tax Act, works contractors

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Centre Notifies Standard House Purchase Agreement(03.11.2016)

Centre has notified a Standard House Purchase Agreement that builders all over India will have to sign with home buyers, which will result in automati.....

Tags : Standard House Purchase Agreement, Notification, sale agreement

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Supreme Court Stays High Court's Order Banning Alcohol Sale in Three Districts of Uttarakhand(03.04.2017)

Supreme Court has stayed a Uttarakhand HC order directing closure of all liquor shops and consumption of intoxicants in Rudraprayag, Chamoli and Uttar.....

Tags : Supreme Court, Uttrarakhand, Alocohol Sale

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Madras High Court: Registration of Sale Deed Cannot Be Refused Summarily(10.04.2017)

Madras High Court has made it clear that registration authorities cannot simply refuse to register a sale deed merely on ground that it was objected t.....

Tags : Madras High Court, Sale Deed

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Kerala HC Rejects Plea To Retain Authorised Wholesale Distributors In PDS(12.04.2017)

Kerala HC has rejected plea of Kerala Ration Wholesale Distributors Federation to retain Authorised Wholesale Distributors (AWD) and not to shut them .....

Tags : Kerala HC, Authorised Wholesale Distributors

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Allahabad HC: Writ Court Can’t Revise Order Passed in Revision u/s 11 of U.P. Sales Tax Act(01.11.2017)

Allahabad High Court has held that Writ Court cannot revise order passed in Revision under Section 11 of the U.P Sales Tax Act, 1948.

Tags : Allahabad High Court, Sales Tax

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Routers, Hubs, Switches Are ‘Computer Peripherals’, Attracts 4% Sales Tax: Madras HC(24.11.2017)

Madras High Court has held that routers, hubs and switches would come within the meaning of ‘computer peripherals’ for which lower rate of 4% VAT is a.....

Tags : Madras High Court, Sales Tax

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Wife Not Personal Possession, Husband Cannot be Guardian, Supreme Court Tells Hadiya(29.11.2017)

Wife Not Personal Possession, Husband Cannot be Guardian, Supreme Court Tells Hadiya

Tags : When the bench asked Hadiya to name any relative or any near acquaintance to be named as her local guardian in college at Salem in Tamil Nadu, she said her husband could be her guardian and she does not want anyone else in that role.

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Bombay High Court to State: Amicably Settle Dispute on Ban on Meat Sale During Festivals(09.05.2017)

Bombay High Court has asked Maharashtra Government to decide in six weeks time the days on which there would be a ban on slaughter of animals and sale.....

Tags : Bombay High Court, Meat Sale

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IRDA Specifies Procedure to be Followed to Deal with Resignation of ISPs of IMFs(29.05.2017)

Insurance Regulatory and Development Authority of India has issued procedure to be followed to deal with resignation of ISPs of IMFs which says that s.....

Tags : Insurance Regulatory and Development Authority of India, Insurance Sales Persons (ISPs), Insurance Marketing Firms (IMFs)

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1993 Mumbai Serial Blasts Case: TADA Court Convicts Abu Salem, Five Others; Abdul Qayyum Acquitted(16.06.2017)

A Special Terrorism and Disruptive Activities Act (TADA) court has convicted Abu Salem and five others in 1993 Mumbai serial blast case and acquitted .....

Tags : Special Terrorism and Disruptive Activities Act, Abu Salem, Abdul Qayyum

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Calcutta HC Confirms Sales Tax Dept’s order Denying Online Generation of C-Forms(26.07.2017)

Calcutta High Court has confirmed the action of Sales Tax Department denying online generation of C forms while directing the petitioner to file the f.....

Tags : Calcutta HC, Sales Tax

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Karnataka HC Allows CST Refund to Wipro for Period Covered by Foreign Trade Policy(08.08.2017)

Karnataka High Court has allowed Wipro GE Healthcare Private Limited's refund claim of around 20 crores paid as Central Sales Tax (CST) for the period.....

Tags : Karnataka High Court, Central Sales Tax

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SC: Words Like ‘Repay’, ‘Return’, ‘Subject to this Condition’ Imply Agreement is Not of Absolute Sale(17.08.2017)

Supreme Court has observed that words like “repay”, “return” and “subject to this condition” in an agreement are not commensurate with a deed of absol.....

Tags : Supreme Court, sale

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Oklahoma Supreme Court Rules Sales Tax is Constitutional(01.09.2017)

Oklahoma Supreme Court has ruled that automobile sales tax implemented this year is constitutional.

Tags : Oklahoma Supreme Court, Sales Tax

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Special Court Sentences Abu Salem To Life, 2 Get Death In Mumbai Blasts Case(07.09.2017)

A Special Court has sentenced to life in jail Gangster Abu Salem in the 1993 Mumbai blasts case, while two other convicts, Tahir Merchant and Feroz Kh.....

Tags : Special Court, Gangster Abu Salem

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GST: Retail Sale Price Declared on the Footwear Package is Inclusive of Goods and Service Tax(04.10.2017)

Central Government has clarified that Retail Sale Price declared on the Foot ware Package is inclusive of Goods and Services Tax (GST).

Tags : Goods and Services Tax, Retail Sale Price

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Madras HC: Sales Tax is Leviable on Sale of REP License(17.10.2017)

Madras High Court has upheld the levy of sales tax on sale of REP license under the provisions of the Tamil Nadu General Sales Tax Act.

Tags : Madras High Court, Tamil Nadu General Sales Tax Act, REP license

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Chennai-Salem Project: Madras High Court Asks Government Not to Create Problem(21.09.2018)

Madras High Court has directed the state government not to precipitate any problem, pursuant to the proposed acquisition of land for the multi-crore C.....

Tags : Madras High Court, Chennai-Salem Project

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Supreme Court Bans Online Sale of Firecrackers(23.10.2018)

Supreme Court has banned online sale of firecrackers, restraining e-commerce websites from carrying out its sale.

Tags : Supreme Court, Online sale of Fire Crackers

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Madras High Court Grants Interim Injunction Against Online Medicine Sale(01.11.2018)

Madras High Court has granted interim injunction restraining online sale of medicines till November 9 on a petition filed by the Tamil Nadu Chemists a.....

Tags : Madras High Court, Online Sale of Medicines

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Bombay High Court Rejects PIL Seeking Stay on Cattle Sale(12.11.2018)

Bombay High Court has rejected PIL challenging the union government’s decision of selling around 20,000 cattle in 39 military farms across the country.....

Tags : Bombay High Court, Cattle sale

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No Service Tax on Sale/Purchase of Property on a Principal to Principal Basis: CESTAT(07.12.2018)

Customs, Excise and Service Tax AppellateTribunal (CESTAT), Delhi has held that there cannot be any service tax liability under the category “Real Est.....

Tags : CESTAT, Service Tax, Sale/Purchase of Property on a Principal to Principal Basis

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Delhi High Court Bans Online Medical Sales Across Country(13.12.2018)

Delhi High Court has ordered a ban on sale of online medicines by e-pharmacists across the country and directed the Centre and the State government to.....

Tags : Delhi High Court, Online Medical Sales

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Madras High Court Bans Online Sales of Medicines(18.12.2018)

Madras High Court has restrained online business in drugs and cosmetics until Central Rules in this regard are notified.

Tags : Madras High Court, Online sale of medicines

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Madras High Court Lifts Ban on Online Sale of Medicines(03.01.2019)

Madras High Court has stayed an order passed by a single judge on December 17 that banned the sale of medicines online and said that interim stay will.....

Tags : Madras High Court, Online Sale of Medicines

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Delhi High Court Upholds Stay on Sale by Online Pharmacies(09.01.2019)

Delhi High Court has refused to vacate the stay on sale of drugs and prescription medicines by online pharmacies.

Tags : Delhi High Court, Stay on Sale by Online Pharmacies

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Colorado Supreme Court Upholds Legality of Taxes for Special Districts(24.04.2018)

Colorado Supreme Court has upheld the constitutionality of a state law that added sales taxes to some items to benefit public transportation and cultu.....

Tags : Colorado Supreme Court, Sales Tax

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Registering Authority Cannot Cancel/Set Aside An Already Registered Sale Deed: Allahabad HC(28.05.2018)

Allahabad High Court has held that a registered sale deed cannot be cancelled or set aside by registering authority or by any authority invoking admin.....

Tags : Allahabad High Court, Sale Deed

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Old Newspapers Sold as Waste Paper Not Liable to State Sales Tax: Madras High Court(28.05.2018)

Madras High Court has held that old newspapers when sold as such would be covered by the exemption provided in the Constitution and sale thereof would.....

Tags : Madras High Court, Newspapers, Sales Tax

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Advance Payment of Sales Tax Credited under ‘Sales-Tax Recoverable A/c’ is not Deductible: Delhi HC(20.12.2017)

Delhi High Court has ruled that Advance Payment of Sales Tax credited under ‘Sales-tax Recoverable A/c’ is not deductible from the taxable income.

Tags : Delhi High Court, Sales Tax

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No Sales Tax on Drugs, Med., Equipment Used in Course of Treatment at Hospital: Sales Tax Tribunal(18.12.2017)

Maharashtra Sales Tax Tribunal has ruled that no sales tax can be levied on drugs, medicines, stents and other goods used in the course of medical tre.....

Tags : Maharashtra Sales Tax Tribunal

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Gujarat High Court Slams Sales Tax Authority on Grounds of Revenue Collection from Private Firm(21.08.2019)

Gujarat High Court has slammed Sales Tax Authority for collecting revenue from a private firm Micromax Informatics Limited. The High Court has termed .....

Tags : Gujarat High Court, Sales Tax Authority

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No Sales Tax to be Levied on Medicines and Surgical Tools Used in Medical Procedures: Kerala HC(21.01.2019)

Kerala High Court has ruled that medicines, implants and other materials used during procedures at hospitals do not constitute sale of goods, and henc.....

Tags : Kerala High Court, No Sales Tax to be Levied on Medicines and Surgical Tools

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Sales Tax Subsidy is Capital Receipt, Not Taxable: ITAT, Kolkata(20.02.2018)

Kolkata bench of Income Tax Appellate Tribunal has held that sales tax subsidy is capital receipt and it is not taxable.

Tags : Income Tax, Sales Tax

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US Supreme Court Says States Can Collect Online Sales Tax(22.06.2018)

US Supreme Court has said that states can collect sales taxes on purchases from online retailers even if that company doesn't have a physical presence.....

Tags : US Supreme Court, Online Sales Tax

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Bombay High Court Rejects Abu Salem's Plea for Parole to Marry(08.08.2018)

Bombay High Court has rejected 1993 serial blasts convict Abu Salem's plea for parole to get married.

Tags : Bombay High Court, Abu Salem

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No Interest Where No Liability Was Admitted Under UP Sales Tax Act: Allahabad High Court(27.08.2018)

Allahabad High Court has held that no interest can be levied under the U.P. Sales Tax Act where the assessee did not admit tax liability by paying the.....

Tags : Allahabad High Court, Sales Tax

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AAAR: Pre-Sales Marketing Services by Indian Subsidiary to Foreign Parent Co is Intermediary Service(28.01.2020)

Appellant Authority for Advance Ruling (AAAR), Karnataka has ruled that Pre-sale and Marketing Services by Indian Subsidiary to Foreign Parent Company.....

Tags : Appellate Authority for Advance Rulings, Pre- Sale Marketing Service

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Supreme Court Rejects Plea Seeking Extension of Deadline for Sale of BS-IV Vehicles(17.02.2020)

Supreme Court has rejected a plea seeking an extension of the 1st April, 2020 deadline by one more month to sell Bharat Stage-IV (BS-IV) norms complia.....

Tags : Supreme Court, Deadline for Sale of BS-IV Vehicles

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CESTAT, New Delhi: Importer Not Obliged to Pay Any Amount on Advertisement and Sale Promotion(18.02.2020)

Custom, Excise, and Service Tax Appellate Tribunal (CESTAT), New Delhi has held that the expenditure incurred on the activities of advertisement and s.....

Tags : Customs Excise and Service Tax Appellate Tribunal, Advertisement and Sale Promotion

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Sales Tax Tribunal, Mumbai: 4% Tax Levied on Turnover of Sales in Respect of Charter Hire of Vessels(19.02.2020)

Sales Tax Tribunal, Mumbai has held that the levy of tax on the turnover of sales in respect of the charter hire of Vessels is confirmed and has to be.....

Tags : Sales Tax Tribunal, Charter Hire of Vessels

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Allahabad HC Seeks Reply from Centre/ State in Plea for Regulation of Sale and Distribution of Acid(15.01.2020)

Allahabad High Court has sought replies from the Centre and the Uttar Pradesh State Governments in a Public Interest Litigation seeking the implementa.....

Tags : Allahabad High Court, Regulation and Sale of Acid

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Supreme Court Dismisses Appeal by Delhi Sales Tax Authorities(20.01.2020)

Supreme Court has dismissed an appeal by Delhi Sales Tax Authorities and upheld the final judgment and order passed by the Delhi High Court that sales.....

Tags : Supreme Court, Delhi Sales Tax Authorities

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SC: Section 32, Registration Act Does Not Require the Presence of Parties During Registration of Sale(27.01.2020)

Supreme Court has observed that Section 32 of the Registration Act, 1908, does not require the presence of both parties to a deed of sale when the sam.....

Tags : Supreme Court, Registration of Sale Deed

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Madras HC Extendes Permission Given for Online Sale of Medicine till March 20(30.01.2019)

Madras High Court has extended permission given for online sale of pharmaceuticals till the 20th of March.

Tags : Madras High Court, Online Sale of Medicine

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Tax Benefit can be Availed on Multiple Flats' Sale, Says ITAT(12.02.2019)

Income Tax Appellate Tribunal (ITAT) has held that a taxpayer can avail of the tax benefits where long-term capital gains arising on sale of more than.....

Tags : ITAT, Tax Benefit can be Availed on Multiple Flats' Sale

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CIVIL - Auction Sale can't be Held 3 Years After End of FY in which Recovery Certificate was Issued: Kerala H(22.02.2019)

Kerala High Court has set aside an auction sale held for recovery of arrears due to a bank on ground that it was done beyond the period of three years.....

Tags : Kerela High Court, Auction Sale, Debt Recovery Tribunal

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CIVIL - Auction Sale can't be Held 3 Yrs After End of FY in which Recovery Certificate was Issued: Kerala HC(22.02.2019)

Kerala High Court has set aside an auction sale held for recovery of arrears due to a bank on ground that it was done beyond the period of three years.....

Tags : Kerela High Court, Auction Sale, Debt Recovery Tribunal

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PROPERTY - Minor's Property Sale by Guardian is Avoidable if Suit Filed Within Period U/A.60 Limitation Act: SC(26.02.2019)

Supreme Court has held that a sale of minor's property by guardian can be avoided only by filing a suit to set aside the deed within the period of lim.....

Tags : Supreme Court, Minor's Property Sale by Guardian

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PROPERTY - Minor's Property Sale by Guardian is Avoidable if Suit Filed Within Period U/A.60 Limitation Act: SC(26.02.2019)

Supreme Court has held that a sale of minor's property by guardian can be avoided only by filing a suit to set aside the deed within the period of lim.....

Tags : Supreme Court, Minor's Property Sale by Guardian

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PROPERTY - Minor's Property Sale by Guardian is Avoidable if Suit Filed Within Period U/A-60 Limitation Act: SC(26.02.2019)

Supreme Court has held that a sale of minor's property by guardian can be avoided only by filing a suit to set aside the deed within the period of lim.....

Tags : Supreme Court, Minor's Property Sale by Guardian

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TDSAT Directs DoT to Reconsider RCom's Plea Seeking Nod for Sale to Jio(27.02.2019)

Telecom Disputes Settlement and Appellate Tribunal (TDSAT) directed the Department of Telecommunications (DoT) to reconsider Reliance Communications (.....

Tags : TDSAT, RCom's Plea Seeking Nod for Sale to Jio

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CIVIL - TDSAT Directs DoT to Reconsider RCom's Plea Seeking Nod for Sale to Jio(27.02.2019)

Telecom Disputes Settlement and Appellate Tribunal (TDSAT) directed the Department of Telecommunications (DoT) to reconsider Reliance Communications (.....

Tags : TDSAT, RCom's Plea Seeking Nod for Sale to Jio

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SALES TAX/VAT - State can Include Proceeds from Inter-State Sale in Turnover to Classify Dealers for Sales Tax: SC(29.03.2019)

Supreme Court has repelled challenge to constitutionality of Section 6B of Karnataka Sales Tax Act 1957 on ground that it permitted State to include p.....

Tags : Supreme Court, Karnataka Sales Tax Act 1957

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Delhi HC Stays Notification Cancelling F Forms Issued by Dealers(08.04.2019)

Delhi High Court has stayed notification issued by the State Government cancelling form F issued by a dealer in Delhi and cancellation was under rule .....

Tags : Delhi High Court, Sales Tax, Form F

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Delhi HC Stays Notification Cancelling F Forms Issued by Dealers(08.04.2019)

Delhi High Court has stayed notification issued by the State Government cancelling form F issued by dealers in Delhi and cancellation was under rule 8.....

Tags : Delhi High Court, Sales Tax, Form F

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Sale of Client Relationship and Goodwill by CA Firm Constitute Capital Gain: ITAT(10.04.2019)

Income Tax Appellate Tribunal (ITAT), Delhi bench has held that sale of client relationship and goodwill by firm is capital asset under section 2(14),.....

Tags : ITAT, CA Firm, Sale of Client Relationship and Goodwill

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Madras HC Quashes Land Acquisition Proceedings for Chennai-Salem Expressway(23.04.2019)

Madras High Court has quashed land acquisition proceedings initiated by Centre as well as State Government for ambitious ?10,000 crore Chennai-Salem e.....

Tags : Madras High Court, Chennai-Salem Expressway

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Madras HC Quashes Land Acquisition Proceedings for Chennai-Salem Expressway(23.04.2019)

Madras High Court has quashed land acquisition proceedings initiated by Centre as well as State Government for ambitious Rs. 10,000 crore Chennai-Sale.....

Tags : Madras High Court, Chennai-Salem Expressway

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Transfer of Shares of Subsidiary Not a Slump Sale: Bombay HC(29.04.2019)

Bombay High Court has held that transfer of a subsidiary’s share cannot be ‘slump sale’ of an undertaking.

Tags : Bombay High Court, Slump Sale

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Apex Court: For Sales Tax on Transfer of Right to Use Goods, Place of Contract is Relevant(09.12.2019)

Apex Court has clarified that for the purposes of levy of sales tax the place of the contract for transfer of right to use of goods is relevant than t.....

Tags : Apex Court, Sales Tax

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International Cases

Injunction is available to prevent an executor distributing whole or part of a deceased estate and in such case standard principles applicable to interlocutory injunctions apply(22.01.2019)

The Plaintiff is seeking relief under the Family Provision Act 1972 (WA) from the estate of Christoniki James (the deceased). The matter is well advan.....

Tags : Property , Sale, Injunction, Grant

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Buyers/resellers (whether dealers, distributors, or retailers) must remain free to determine their resale price(30.03.2018)

In facts of present case, Respondent was a company engaged in manufacturing and supply of paints and allied products in Karachi and interior Sindh. Co.....

Tags : Re-sale price, Fixation, Contravention

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Top Story

No Sale of Fire Crackers in Delhi-NCR with immediate effect: Supreme Court(25.11.2016)

In an unprecedented move, the Supreme Court has ordered complete ban on the sale of fire crackers in Delhi and National capital region. The Order came.....

Tags : Ban, Crackers, Sale

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Claiming time of essence in property sale? Prove it!(16.02.2016)

Bangalore High Court set a high threshold for claims that time was of the essence in a contract for sale of immovable property. Onus, however, was pla.....

Tags : reasonable, time of essence, immovable property, sale, income tax clearance

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Others

Parameters for Splitting of GST Revenue Between Centre and States(11.08.2015)

Under the proposed General Sales Tax regime, the Centre would levy and collect Central Goods and Services Tax, and States would levy and collect the S.....

Tags : general sales tax, levy, apportion

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