Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: empanelment :: TDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: form 3cd :: cpt :: TAX RATES - GOODS TAXABLE @ 4% :: due date for vat payment :: VAT Audit :: list of goods taxed at 4% :: ACCOUNTING STANDARDS :: VAT RATES :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARD :: Central Excise rule to resale the machines to a new company :: articles on VAT and GST in India
 
 
General »
 The most thrilling idea before every Budget: No income tax
 Finance Ministry likely to tweak Minimum Alternate Tax norms to boost industry
 Income tax department warns people to keep away from benami transactions
 New helpline for income tax e-filing
 The Central Government notifies the Companies (Amendment) Act, 2017
 GST Returns: Government Relaxes Rectification Norms
 Will govt bring change in income tax slab? here's the present structure
 No income tax exemption to cooperative banks
 Bitcoin investors may have to pay capital gains tax
 What industry expected when Modi government implemented GST
  The Finance Resolution And Deposit Insurance Bill, 2017

SC terms the law to set up a National Tax Tribunal as unconstitutional
September, 25th 2014

In a jolt for the government, the Supreme Court on Thursday held as unconstitutional the law that sought to set up a National Tax Tribunal (NTT).

A Constitutional bench led by Chief Justice R M Lodha quashed the National Tax Act, saying it was bad in law and failed the test of constitutional validity.

The judgement also held that the government could not vested judicial powers with a tribunal without according to it the characteristics of a court and ensuring its autonomy.
Related

NTT was also held to be invalid as it sought to take away the jurisdiction of the High Court in deciding tax related matters.

The government had defended the NTT stating that the move was intended to reduce the pendency of cases in the High Courts.

The challenge to the NTT was made by Madras Bar Associations and others, contending the NTT could not have ousted jurisdiction of the High Courts and that it was against the basic structure of the Constitution.

It was pointed out that where parties before the NTT were always the Ministry of Finance, a quasi-judicial tribunal would not inspire confidence and it would shake the very foundation of the principles of independence of judiciary, rule of law and separation of powers.

It was argued that there was a grave danger that the judiciary would be substituted by a host of quasi-judicial tribunals which would function as departments of various ministries.

This judgement will have a direct bearing on a petition that has challenged the validity of the National Company Law Appellate Tribunal.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Bath SEO Company Birmingham SEO Company Bradford SEO Company Brighton and Hove SEO Company Bristol SEO Company Cambridge SEO Company Canterbury SEO Company Carlisle SEO Company Chester SEO Company Chichester SEO Company Coventry SEO Compan

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions