The Supreme Court has ruled that Section 44C applies to all head office expenditure of non-residents, whether common or exclusive. The judgment enforces the statutory deduction cap and blocks attempts to bypass it under Section 37.
The Supreme Court granted NewsClick a one-week protection from any coercive action over a tax demand. A bench led by Chief Justice of India Sanjiv Khanna, however, rejected a writ petition filed by PPK Newsclick Studio Pvt Ltd. The petition was filed directly under Article 32 of the Constitution. The court’s decision provides temporary relief but does not settle the tax dispute.
A PIL filed in the Supreme Court Today (Dec 26) sought to scrap the TDS system calling it “arbitrary and irrational” and violative of various fundamental rights, including equality. The PIL challenged the tax deducted at source or TDS framework under the Income Tax Act, which mandates the deduction of tax at the time of payment by the payer and its deposit with the income tax department. The deducted amount is adjusted against the payee’s tax liability.
![[Chhattisgarh Liquor Scam] "Statements Under Section 50 of PML Act, 2002 Can Be Used to Initiate Criminal Cases": HC Denies Relief to Ex-IAS Anil Tuteja](https://i0.wp.com/lawchakra.in/wp-content/uploads/2024/10/image-9-2.png?resize=447%2C350&ssl=1)
The Allahabad High Court denied former IAS officer Anil Tuteja relief concerning the Chhattisgarh liquor scam, ruling the Uttar Pradesh FIR valid despite the Supreme Court quashing a related money laundering case. The court emphasized that ED witness statements can support ongoing criminal proceedings against Tuteja and others accused of involvement in a Rs. 2,000 crore syndicate.
Today, On 3rd October, the Supreme Court upheld the tax department’s position, confirming that updated Income Tax Act provisions from April 1, 2021, must be applied. This ruling affects approximately 90,000 reassessment notices issued during the pandemic, resolving conflicts between old and new laws and setting precedents for future tax disputes and limitations.
![[Union Budget 2024] FM Nirmala Sitharaman Announces 6-Month Review of 'Income Tax Act' to Reduce Disputes & Litigation](https://i0.wp.com/lawchakra.in/wp-content/uploads/2024/07/image-3-4.png?resize=447%2C367&ssl=1)
Today, On 23rd July, Finance Minister Nirmala Sitharaman presented the Union Budget for 2024-25, her seventh consecutive budget, surpassing Morarji Desai’s record. She highlighted key proposals including a review of the Income Tax Act, reduction in customs duties, and the Modi 3.0 roadmap. The budget aims to revamp the income tax system and expand the tax base.
The Supreme Court directed Mercedes to refund Rs. 36 lakh to M/s Controls and Switchgear Company Limited for selling a defective car. The court upheld the decision of the National Consumer Disputes Redressal Commission, citing the discomfort and inconvenience caused to the respondent and the lack of evidence from Mercedes to support its claims.
The Supreme Court waived interest on telecom companies’ outstanding license fee dues, providing relief amid financial struggles. Ruling impacts major firms, aiming to stabilize the industry and support growth. This decision follows a classification change, deeming yearly license fees not a revenue expense. Telecommunications companies petitioned for review citing concerns over taxable income. Supreme Court refused reconsideration but expressed willingness to explore exempting post-1999 interest.