Tag: Section 138

Jitender Singh Sodhi and Anr. vs. Deputy Commissioner of Income Tax and Anr

INTRODUCTION The Punjab & Haryana High Court Single Bench presided by Hon’ble Justice Mahabir Singh Sindhu, vide Judgment dated 13.05.2024 in Jitender Singh Sodhi and Anr. vs. Deputy Commissioner of Income Tax and Anr. held

Top 5 I&B Code Supreme Court Landmark Judgments, 2023

Top 5 I&B Code Supreme Court Landmark Judgments, 2023

1. Supreme Court clarified position on limitation period barring operational claims arising out of multiple invoices In March 2023, the Supreme Court (SC) division bench in M/s. Next Education India Pvt. Ltd. Vs. M/s. K12

Section 148 NI Act-Deposit of Minimum 20% Amount Is Not An Absolute Rule; Can Be Relaxed If Exceptional Case Is Made Out: Supreme Court

INTRODUCTION The Division Bench of the Hon’ble Supreme Court Comprising of Justice Abhay S. Oka and Justice Pankaj Mithal in the matter of Jamboo Bhandari v. M.P State industrial Development Corporation Ltd, has held that