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ST - Amendment made to FA, 1994 on 14.05.2015 making service tax applicable retrospectively on chit-fund business is only prospective - Refund payable of tax paid between 01.07.2012 to 13.05.2015: HC ST - SVLDRS, 2019 - Amnesty Scheme, being of the nature of an exemption from the requirement to pay the actual tax due to the government, have to be considered strictly in favour of the revenue: HC CX - Issue involved is valuation of goods u/r 10A of CE Valuation Rules, 2000 - Appeal lies before Supreme Court: HC Cus - Smuggling - A person carrying any article on his belonging would be presumed to be aware of the contents of the articles being carried by him: HC Cus - Penalty that could be imposed for smuggling 3.2 kg of gold was Rs.88.40 lakhs, being the value of gold, but what is imposed is Rs.10 lakhs - Penalty not at all disproportionate: HC Cus - Keeping in mind the balance of convenience and irreparable injury which may be caused to Revenue, importer to continue indemnity bond of 115 crore and possession of confiscated diamonds to remain with department: HC Cus - OIA was passed in October 2022 remanding the matter to adjudicating authority but matter not yet disposed of - Six weeks' time granted to dispose proceedings: HC I-T - High Court need not intervene in matter involving factual issues; petitioner may utilise option of appeal: HC China asks Blinken to select between cooperation or confrontation I-T - Unexplained cash credit - additions u/s 68 unsustainable where based on conjecture & surmise alone: ITAT Honda to set up USD 11 bn EV plant in Canada I-T - Re-assessment is invalid where based only on a suspicion that income escaped assessment & where not based on concrete reasons to believe for commencing such proceedings : ITAT Imran Khan banned from flaying State Institutions I-T - Income from sale of flats cannot be computed in assessee's hands, where legal possession of flats had not been handed over to buyers in that particular AY: ITAT Pro-Palestine demonstration spreads across US universities; 100 arrested I-T - Investment activities in venture capital which are not covered in negative list under Schedule III to SEBI Regulations, qualifies for deduction u/s 10(23FB): ITAT NATO asks China to stop backing Russia if keen to forge close ties with West Cus - When Department has not complied with time limit, the order issued for revocation of licence or order issued for continuation of suspension licence cannot sustain: CESTAT NY top court quashes conviction of Harvey Weinstein in rape case Weather prediction normal for phase 2 poll day IndiGo orders 30 Airbus A350s for long hauls ST - Appellant is an 'authorised medical practitioner' providing 'healthcare services' - services exempted in terms of clause 2(i) of notification 25/2012-ST: Commr(A)RBI to issue fresh guidelines for banks to freeze suspected bank accounts being used for cyber crimes REC avails SACE-Covered Green Loan for 60.5 Billion Japanese Yen Study finds Coca-Cola accounts for 11% of branded plastic pollution worldwide Cus - 'Small Form-factor Pluggable Optical Transceivers' are classifiable under CTH 8517 7090 and not under CTH 8517 62 90 - entitled for benefit of duty concession under 57/2017-Cus: CESTAT DoNER discusses Development of Tourism in North East CX - Appellant is eligible for exemption under Notfn 12/2012-CE upon fulfilling all conditions stipulated therein, thus sufficiently establishing that goods dealt with by Appellants qualify for exemption: CESTAT


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Mumbai, April 18, 2017 CX - Once Dept. has assessed Sales Tax as paid, CE dept. cannot contend that since State Govt has remitted amount as incentive, Sales Tax was not paid: CESTAT

Mumbai, April 18, 2017 Cus - Export of infringed copies of books is not prohibited under any law - Goods not liable for confiscation, no penalty: CESTAT

Hyderabad, April 17, 2017 I-T - Income derived by Primary Agricultural Co-operative Credit Society, by way of interest on FDs made with nationalized banks, is allowable business income: HC

Mumbai, April 17, 2017 ST - As per MPCB norms, Maintenance of sewage treatment plant and garden is a statutory requirement for operating Port - are Input services : CESTAT

Chennai, April 15, 2017 ST - After expiry of more than six years, appellant cannot be permitted to challenge order-in-original via Writ appeal: High Court

Mumbai, April 14, 2017 ST - Broadcasting services rendered in State of J&K - no justification for invoking rule 6 (3) of CCR, 2004 to disallow any portion of availed credit: CESTAT

Chandigarh, April 14, 2017 I-T - No capital gains tax can be attached in respect of land sold under JDA, if no consideration was received and JDA stood cancelled

Mumbai, April 14, 2017 Cus - Conclusion that revocation of CHA licence for two years was sufficient punishment cannot be termed as perverse: HC

Mumbai, April 14, 2017 ST - VCES, 2013 - Claim of CENVAT Credit crystallizes only when assessee files return - total liability cannot be reduced by alleged credit entitlement: CESTAT

Mumbai, April 14, 2017 CX - Mandatory pre-deposit is applicable even in those cases where proceedings have been initiated prior to enactment: CESTAT

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April 26, 2024

I-T - Assessee cannot be prevented from claiming that receipts from sale of software were wrongly offered as royalty, merely because such income was wrongly offered in ROI and which was not revised: ITAT

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April 26, 2024

Trade Mark Act - Marks are visually phonetically and deceptively similar to Plaintiffs' trademarks : HC

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