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India takes part in 'Institutionalization of SMART Government for Improving Service Delivery' in London Gadkari faints during campaign; Heat takes toll on his health 'Sunflowers were the first ones to know' - film by FTII student selected at Cannes SARFAESI Act - Award of interest on auction money at rate applicable to fixed deposits is not a correct view and rate of interest deserves to be enhanced: SC (See 'TIOLCorplaws')ST - Chit Funds - Tax was not paid under mistake of law but upon demand by tax authorities - Refund not having been filed within time was rightly rejected: HC SC asks EC to submit more info on reliability of EVMs GST - Without considering reply on merits, proper officer has held that reply is unsatisfactory and, therefore, he is left with no alternative but to create demand - Order set aside: HC GST - Cancellation of registration retrospectively - Show Cause Notice and the impugned order are bereft of any details, accordingly the same cannot be sustained: HC GST - Registration could not have been cancelled retrospectively for the period for which returns were filed and taxpayer was compliant: HC GST - Notfn 11/2017-CTR amended by 03/2022 - Work contracts executed before 18 July 2022 - Petitioners should file refund claims before respondent agitating grievance and same be examined and orders passed within 4 months: HC Italy imposes USD 10 mn fine on Amazon for unfair business practices GST - Entire tax liability has been realised by appropriating the amount from the petitioner's bank account, therefore, Revenue interest stands fully secured - Since tax proposal was confirmed without participation of petitioner, order set aside and matter remanded: HC Caste Census is my mission, says Rahul Right to Sleep - A Legal lullaby US warns Pak of punitive sanctions against trade deal with Iran I-T- Income surrendered before approaching Settlement Commission not covered u/s 115BBE, where this provision did not exist during relevant AYs: HC Chinese companies decry anti-subsidy probe by EU I-T- Entire interest expenditure is allowable as deduction if loan funds is not diverted for non-income earning activities/personal purposes : ITAT UK to send military aid package worth USD 619 mn to Ukraine US regulator bans non-compete agreements by employees Air India, Nippon Airways join hands for travel between India and Japan SC grills Baba Ramdev & Balkrishna in misleading ad case


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Chandigarh, December 30, 2016 I-T - Whether grant of registration u/s 12A & exemption u/s 10(23C)(vi) would by itself, entitle trust for allowance of exemption u/s 80G - NO: HC

Allahabad, December 30, 2016 CX - Rly. Authorities have provided general information in r/o entire Gutkha booked at Agra Rly Stn and it does not indicate that said goods were manufactured by appellant and cleared without payment of CE duty - Rs 13 crores demand set aside: CESTAT

Chandigarh, December 30, 2016 CHALR - Commissioner has no power to appoint second enquiry officer - Regulation 22(7) only gives power to consider report submitted by enquiry officers - Order revoking license set aside: CESTAT

Ahmedabad, December 29, 2016 Penalty - Respondent authority is not justified to levy penalty upon petitioners u/r 17 of Medicinal &Toilet Preparations Rules, 1956 as documents for claiming rebate have been furnished: HC

Mumbai, December 29, 2016 Service Tax - Irrigation projects or lift irrigation would get covered under CICS prior to January 2007 but eligible for exemption: CESTAT

Chandigarh, December 29, 2016 I-T - Whether annual value of every second property owned by individual, which remained vacant, would be assessable u/s 23 - YES: HC

Mumbai, December 29, 2016 On inputs received u/r 4(5)(a) of CCR, Jobworker manufactures intermediate parts & sends to supplier who clears under exemption - whether job worker liable to pay duty as Notfn No. 214/86 is not available - matter referred to LB: CESTAT

Mumbai, December 28, 2016 ST - Requirement of accounting standards which mandates that financials of overseas branch are to be included in financials of corporate entity is not sufficient to conclude that services were rendered by foreign service providers to Indian HQ - not liable to tax u/s 66A: CESTAT

Ahmedabad, December 28, 2016 I-T - Whether membership fees received by club, which are refundable on occurence of contingencies mentioned in byelaws, should be treated as capital receipt � YES: HC

Mumbai, December 28, 2016 CX - Benefit of 'payment of duty under protest' made by manufacturer cannot be extended to buyer: CESTAT

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Shri Ram Nath Kovind, Hon'ble 14th President of India, addressing the gathering at TIOL Special Awards event.

April 24, 2024

TP - Arm's length computation of corporate guarantees issued by assessee in favour of its AEs abroad taken at 1% which has been approved for earlier A.Ys, cannot be disturbed in absence of contrary: ITAT

April 24, 2024

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April 24, 2024

PMLA - Considering money trail and involvement of applicant in crime he is not entitled for anticipatory bail : HC

April 24, 2024

Competition Act - Informant has neither referred to any particular agreement nor provided any document which suggest existence of anti-competitive agreement : CCI

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