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Apple China tosses out WhatsApp & Threads from App store after being ordered China announces launch of new military cyber corps Railways operates record number of additional Trains in Summer Season 2024 GST - Assessing officer took into account the evidence placed on record and drew conclusions - Bench is, therefore, of the view that petitioner should present a statutory appeal: HC 1st phase polling - Close to 60% voter turnout recorded GST - Tax liability was imposed because petitioner replied without annexing documents - It is just and appropriate that an opportunity be provided to contest tax demand on merits, albeit by putting petitioner on terms: HC Ministry of Law to organise Conference on Criminal Justice System tomorrow GST - To effectively contest the demand and provide an opportunity to petitioner to place all relevant documents, matter remanded but by protecting revenue interest: HC Govt appoints New Directors for 6 IITs GST - Petitioner has failed to avail opportunities granted repeatedly - Court cannot entertain request for remand as there has been no procedural impropriety and infraction of any provision by assessing authority: HC Nexus between Election Manifesto and Budget 2024 in July!GST - Classification - Matter which had stood examined by Principal Commissioner is being treated differently by Additional Commissioner - Prima facie , approach appears to be perverse: HC I-T- Denial of deduction u/s 80IC can create perception of genuine hardship, where claimant paid tax in excess of what was due; order denying deduction merits re-consideration: HC Israel launches missile attack on Iran EC holds Video-Conference with over 250 Observers of Phase 2 polls Germany disfavours Brazil’s proposal to tax super-rich I-T- If material found during search are not incriminating in nature AO can not made any addition u/s 153A in respect of unabated assessment: ITAT Govt appoints Dinesh Tripathi as New Navy Chief AFMS, IIT Kanpur to develop tech to address health problems of soldiers FBI sirens against Chinese hackers eyeing US infrastructure Kenya’s top military commanders perish in copter crash CBIC notifies Customs exchange rates w.e.f. April 19, 2024 Meta shares ‘Most Intelligent’ AI assistant built on Llama model Dengue cases soaring in US - Close to ‘Emergency situation’: UN Agency


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New Delhi, May 11, 2016 Amitabh Bachchan loses income tax case; Supreme Court upholds invocation of powers u/s 263 in a case where AO failed to verify source of expenses, later withdrawn by assessee in re-revised return

New Delhi, May 11, 2016 ST - Rolling Stocks are plant as well as machinery and are to be brought into operation by applicant, meaning 'commissioning' - applicant satisfies condition of providing services by way of commissioning of original work - since said services are pertaining to metro, exemption available under notfn. 25/2012-ST: AAR

New Delhi, May 11, 2016 Service Tax - Construction Company partnering with education society to provide secondary education - service provided by the applicant (a person) to "partnering person" (another person) for consideration will be a service - AAR

Mumbai, May 11, 2016 ST - Freezing of bank accounts - In invoices raised, price charged included component of ST which was recovered - it is not that there is an uncrystallised or unascertained dues - a/c released temporarily for making deposit of Rs 5 Cr: HC

Mumbai, May 11, 2016 I-T - Whether rent paid by an entity to its directors for leasing out land for agricultural operations is liable to be disallowed u/s 14A, if it is directly attributable to earning of agricultural income - YES: ITAT

Ernakulam, May 11, 2016 Customs - Misuse of IEC code - Goods to be released to person from whose custody seizure was effected - Ownership is not relevant: HC

New Delhi, May 10, 2016 India, Mauritius finally succeed in amending DTAA today; source-based taxation of capital gains on shares allowed; LoB scissors to apply

Mumbai, May 10, 2016 VAT - Whether 'access to database relating to information of stock exchange' by a trader to its customer which can be used only after installation of a software provided by such trader, is liable to be treated as 'software' and hence leviable to VAT - YES: Sales tax Tribunal

Mumbai, May 10, 2016 I-T - Whether if assessee has earned income from sale of mutual funds whose units are not treated as shares, dealing in such units can be considered to be shares for the purpose of computation of capital gain - NO: HC

Ernakulam, May 10, 2016 Cus - Food Safety standards - Change of standards governing imports - Standards as on date of release of goods applicable - Not as on date of import : HC

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

April 19, 2024

I-T- Onus of establishing receipt of services from Associated Enterprise has to be discharged on year to year basis by assessee company: ITAT

April 19, 2024

DTAA - Payment received on account of subscription, professional and training services cannot be deemed to be Fees for Technical service and be taxed as Royalty, where no technical know-how is made available: ITAT

April 19, 2024

Companies Act - Charges of professional misconduct in SCN are proved for which monetary penalty can be imposed : NFRA

April 19, 2024

PMLA - Application for anticipatory bail can be rejected as there is failure on part of applicant to appear before trial Court despite service of bailable warrant : HC

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