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World Energy Congress 2024: IREDA CMD highlights need for Innovative Financing Solutions Voter turnout surpasses 50% by 4 PM in Phase 2 polls 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 XI tells Blinken - China, US ought to be partners, not rivals 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 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 NY top court quashes conviction of Harvey Weinstein in rape case


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Mumbai, September 28, 2015 ST - Supply of scaffolding on rent - Demand raised under Maintenance Service - Commnr(A) dropping demand for period 2004-05 to 15.05.2008 but confirming same for period 16.05.2008 to 31.03.2009 under 'SOTG' service - Order unsustainable: CESTAT

New Delhi, September 27, 2015 Govt sets up yet another Expert Panel to revisit IAS Exam modules: Minister

Mumbai, September 27, 2015 ST - No contradiction in order - It appears that Commissioner has filed ROM application without caring to see his own records -Application rejected: CESTAT

Mumbai, September 26, 2015 ST - Appellant borrowing, by way of 'syndicated loans' for acquisition and capital expansion, from various overseas banks - whether Service Tax is payable under reverse charge on Agent Bank fees paid by appellant-borrower to nominated Agent Bank of lenders - Supplementary questions framed & referred : CESTAT

New Delhi, September 25, 2015 I-T - Whether it is fair on part of AO to treat opening debit balance in books as loan & every payment made thereafter is to be treated as repayment of loan - NO: HC

Mumbai, September 25, 2015 Cus - Decision of adjudicating authority is an apology of an Order and is not speaking Order - AA has not even touched upon Valuation Rules, which provide legal basis of arriving at correct AV - Revenue's appeal rejected: CESTAT

New Delhi, September 24, 2015 Whether anti-dumping duty imposed with respect to imports made during period between expiry of provisional anti-dumping duty and imposition of final anti-dumping duty is legal and valid - NO: Supreme Court

Chennai, September 24, 2015 ST - Commission received by re-insurance broker between Indian and Foreign Insurance Companies - To be treated as Export of Service - Tribunal has misdirected itself in upholding demand: HC

New Delhi, September 24, 2015 Whether if Sec 17(3) pre-supposes existence of employer-employee relationship, sum received 'after cessation of employment' is capital receipt - YES: HC

Mumbai, September 24, 2015 CX - Applicability of NCCD on Motor Vehicles - Road test is to be carried on vehicles before they are released for sale - as such, MV cannot be considered as manufactured on 28.02.2003 and, therefore, NCCD is chargeable: 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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Trade Mark Act - Marks are visually phonetically and deceptively similar to Plaintiffs' trademarks : HC

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