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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, September 09, 2015 I-T - Whether there should be actual receipt of income, which is not includible in total income during relevant previous year, for purpose of disallowing any expenditure u/s 14A incurred in relation to said income - YES: HC

Chennai, September 09, 2015 While allowing revenue's appeal on merits, Tribunal did not interfere with findings of lower authority that there was no suppression - Order of Tribunal set aside as issue of limitation is in favour of assessee: HC

Mumbai, September 09, 2015 ST - No sum can be collected from assessee if it is not as per law, as has been provided under Article 265 of Constitution - Amount of tax credited to exchequer on which admittedly no ST is leviable takes nature of deposit and Commr(A) is in error in refusing refund of same: CESTAT

Mumbai, September 08, 2015 CX - Product is obtained from chemicals; therefore Heading 2309 which covers products of kind used in animal feeding, can by no means include Niacin -Niacin (Feed Grade) correctly classifiable under TI 2936 2920 and chargeable to duty: CESTAT

Chennai, September 08, 2015 Benefit of conditional Notification No 30/2004 is admissible for Silk Yarn & Silk Fabric imported - No error in Commissioner (A) order dropping demand - CESTAT dismisses revenue's appeals - Asks CBEC to include Notification in EDI

Ahmedabad, September 08, 2015 I-T - Whether it is optional for assessee to claim depreciation and also to claim it only on certain blocks of asset and if assessee is not desirous of claiming, it cannot be foisted on him - YES: HC

Ahmedabad, September 08, 2015 ST - For same activity and overlapping period, AC demanding ST under 'BAS' and DGCEI demanding ST under category 'C&F Agency service' - both SCNs issued a month apart adjudicated by CCE six years apart and demands confirmed - Adjudicating authority should have decided both SCNs together - Matter remanded: CESTAT

Mumbai, September 07, 2015 CX - HLL clearing soap in bulk to job-worker for packing as multi-piece packages - while paying duty, valuation derived based on comparable AV of similar goods - allowing adjustment on account of cost of packing material appears reasonable: CESTAT

Chennai, September 07, 2015 Construction of Water supply pipelines - Madras High Court dismisses revenue appeal against much cited Indian Hume Pipes Co Ltd order

Mumbai, September 07, 2015 I-T - Whether capacity of donor of gift has to be examined with reference to time when donor subscribed to Bonds and not capacity at time of maturity of Bonds - YES: High Court

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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

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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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