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Govt appoints New Directors for 6 IITs 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 Nexus between Election Manifesto and Budget 2024 in July!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 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 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 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, December 18, 2014 CX - Banding of soap cakes with tapes pre-printed with brand & MRP of combo pack amounts to manufacture - appellant, however, paying ST on it - since appellant is in specified area of HP they are entitled for benefit of exemption - non-filing of declaration is curable defect: CESTAT

New Delhi, December 17, 2014 VAT - Whether mobile battery charger is integral part of cell phone and not an accessory and thus it is eligible of concessional rate of tax - NO: Supreme Court

Mumbai, December 17, 2014 ST - Commercialisation of practice of law - aspect that Advocate is an officer of Court and part of administration of justice has not been brushed aside by Parliament - Rather by rational differentiation it has proceeded to impose ST on legal services - Petitions dismissed: HC

Mumbai, December 17, 2014 CX - Aluminium dross and skimmings are not excisable - Tribunal has reached conclusion, which, no reasonable person in position could have reached - LB order quashed, Board Circulars of 2009 & 2011 cannot survive: HC

Mumbai, December 17, 2014 ST - Payments were made by ONGC to MPT merely for use of port limits to lay pipelines under land & seabed and not for receiving any service - Term 'wharfage' used is merely to determine compensation and not to determine nature of service: CESTAT

Bangalore, December 17, 2014 Income tax - Whether in case of Joint Development Agreement, transfer of land in lieu of developed area would crystallise only on the day developer hands over developed area - YES: ITAT

Mumbai, December 17, 2014 Cus - Steam Coal or Bituminous Coal - since Tariff defines bituminous coal by means of certain specifications and if they are satisfied, goods will have to be classified as bituminous coal only - commercial parlance cannot be adopted for classification - pre-deposit ordered: CESTAT

Allahabad, December 16, 2014 CX - Huge Shortage of finished goods found during stock taking - appellant offering no explanation but admitting shortage and paying duty - provisions of s.11AC for levy of penalty rightly attracted - appeal dismissed: High Court

New Delhi, December 16, 2014 ST - While interpretational support from later legislative developments is not to be spurned, such support is unwarranted when there exists no ambiguity - conversion of Management Consultancy into Business Consultancy Service would make no difference about appellants' liability: CESTAT

Mumbai, December 16, 2014 Wealth tax - Whether when husband gives interest-free cash loan to wife to buy residential house, such amounts are to be clubbed with net wealth of husband as it falls within purview of 'asset' as defined in Act - NO: ITAT

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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

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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