Tag: High Court conflict

Supreme Court Forms Supervisory Committee to Monitor CBI Investigation in Stampede Case
28Dec By The Legal ChamberNo Comments
Supreme Court

Supreme Court Forms Supervisory Committee to Monitor CBI Investigation in Stampede Case

In the Special Leave Petitions concerning the Karur stampede, the Supreme Court exercised its extraordinary constitutional powers under Article 32. It ordered the transfer of investigation to the CBI, citing the necessity to ensure credibility, impartiality, and public confidence in the probe, which involves serious allegations and impacts fundamental rights. Facts Of The Case: This case stems from a tragic stampede on September 27, 2025, during a political rally organized by the Tamilaga Vettri Kazhagam (TVK) in Karur, Tamil Nadu, resulting in 41 deaths and over 100 injuries. Multiple writ petitions were subsequently filed before the Madras High Court, primarily at its Madurai Bench, seeking a CBI investigation, compensation for victims, and the formulation of safety guidelines ...
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No Double Benefits: Supreme Court Clarifies Double Deduction Rules Under Income Tax Act
3Jun By The Legal ChamberNo Comments
Supreme Court

No Double Benefits: Supreme Court Clarifies Double Deduction Rules Under Income Tax Act

The Supreme Court ruled that Section 80-IA(9) of the Income Tax Act, 1961, bars double deductions on the same profits under both Sections 80-IA and 80-HHC. It held that while deductions can be computed separately under different provisions, the total deduction cannot exceed the eligible profits of the business. The Court upheld the Bombay High Court’s interpretation, clarifying that Section 80-IA(9) restricts the allowability—not computation—of deductions, ensuring taxpayers do not claim overlapping benefits under Chapter VI-A. Facts Of The Case: The case involved Shital Fibers Limited, which filed its income tax return for the Assessment Year 2002-03, declaring a taxable income of ₹46,99,293 and claiming deductions under Sections 80-HHC (export profits) and 80-IA (industrial undertaking...
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