Posted inBlog Supreme Court Upholds Section 10B Exemption for New EOU in Landmark RulingLearn how the Supreme Court dismissed the Revenue's SLP and upheld the Bombay High Court ruling allowing Section 10B exemption for a new EOU. Posted by Prasenjit Bhowmik September 11, 2026
Posted inBlog Supreme Court Rules Partner Rights in Unsold Firm Assets Last Until SettlementSupreme Court holds that partner shares in unliquidated partnership assets cannot be frozen at dissolution value, protecting rights until settlement. Posted by Prasenjit Bhowmik September 11, 2026
Posted inBlog Does IBC Moratorium Apply to Section 138 NI Act Cases? Supreme Court ExaminesExplore the Supreme Court examination on whether the IBC Part III moratorium applies to Section 138 Negotiable Instruments Act proceedings. Posted by Prasenjit Bhowmik September 10, 2026
Posted inBlog Supreme Court Rules Security Advance Is Earnest Money Liable To ForfeitureSupreme Court rules security advance is earnest money, upholding a 20 lakh forfeiture and denying refunds without a specific Section 22 prayer. Posted by Prasenjit Bhowmik September 7, 2026
Posted inBlog Supreme Court Upholds Section 16(2)(c): Mandatory Supplier Tax Payment for ITCExplore the Supreme Court ruling upholding Section 16(2)(c) of the CGST Act, making supplier tax payment a strict condition for claiming ITC. Posted by Prasenjit Bhowmik September 4, 2026
Posted inBlog Supreme Court Rules Pre-1 June 2007 Indivisible Turnkey Contracts Exempt From Service TaxSupreme Court dismisses Revenue appeals, ruling that pre-June 1, 2007 indivisible turnkey ATM contracts cannot be split for service tax. Posted by Prasenjit Bhowmik September 4, 2026
Posted inBlog Supreme Court Leaves Open Buyer Right to Arbitrate Against MSMEExplore the recent Supreme Court ruling regarding a buyer's right to invoke arbitration against micro, small, and medium enterprises outside the MSMED Act. Posted by Prasenjit Bhowmik September 4, 2026
Posted inBlog Supreme Court Rules Non-Signatory Shareholder Can Face ArbitrationLearn how the Supreme Court ruled that a non-signatory shareholder can be referred to arbitration as a veritable party under corporate law. Posted by Prasenjit Bhowmik September 4, 2026
Posted inBlog Supreme Court Upholds Section 16(2)(c) of CGST Act as ConstitutionalDiscover how the Supreme Court ruling on CGST Section 16 2 c impacts your input tax credit eligibility and business compliance. Posted by Prasenjit Bhowmik August 25, 2026
Posted inBlog Supreme Court Emphasizes Fair Hearings in GST Show Cause NoticesDiscover how the Supreme Court is protecting taxpayers by demanding fair hearings and unbiased decisions in GST show cause notice cases. Posted by Prasenjit Bhowmik August 25, 2026