The Supreme Court rules on the nature of Section 3(2)(v) of the SC/ST Act, as well as intersectional gender abuse.
By treating ‘qualified corporation’ as the ‘only source of profits,’ the Supreme Court determined that sub-section (5) of Section 80-IA of the Act is limited to determining the quantum of deduction under sub-section (1) of Section 80-IA of the Act. The bench of Justices L. Nageswara Rao and Vineet Saran observed that this clause could …