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1st phase polling - Close to 60% voter turnout recorded Railways operates record number of additional Trains in Summer Season 2024 Govt appoints New Directors for 6 IITs Ministry of Law to organise Conference on Criminal Justice System tomorrow 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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Mumbai, August 01, 2014 CENVATTED Moulds & dies sent to vendor for production of final products - such clearances permitted only after amendment of rule 4(5)(b) - if appellant also utilizing these Moulds, infraction is only procedural warranting penalty rather than denial of credit: CESTAT

Mumbai, August 01, 2014 ST - In SCN, demand in respect of Break Bulk Fees is made under transportation of goods by air - Appellant is not an aircraft operator so demand not sustainable - also order confirming demand under Cargo Handling is beyond scope of SCN: CESTAT

Mumbai, August 01, 2014 ITAT grants relief to Bollywood Star Salman Khan; sets aside penalty imposed for claiming legal expenses incurred on criminal cases as business expenditure

Mumbai, August 01, 2014 Import of Poppy Seeds - undervaluation - DRI not recorded any statement of any individual who had been conduit through whom Hawala deal took place - although prima facie there is strong case for appellant no other option as third Member, but either to agree with one of differing views - Pre-deposit ordered: Tribunal by Majority

Mumbai, July 31, 2014 ST - Telecom Infrastructure Services are more appropriately classifiable under Business Support Service - demand under BAS is not sustainable: CESTAT

Mumbai, July 31, 2014 CENVAT - Rule 3(3) of CCR, 2004 - Duty paid on any input can be utilized for payment of any duty of excise on any final product - no one-to-one correlation required - availment of duty paid on Molasses for payment of duty on Sugar not barred: CESTAT

Ahmedabad, July 31, 2014 Income tax - Whether profit relatable to sale of unutilized FSI is also eligible for Sec 80IB(10) benefits - NO: HC

Mumbai, July 31, 2014 Cus - if statutory provision is capable of two interpretations, taking one such interpretation cannot give rise to an error apparent from record even if one is of view that other interpretation is more correct in context - ROM dismissed: CESTAT

Mumbai, July 30, 2014 ST - Construction of retention wall on bank of Sabarmati river can be considered in a broad sense as renovating or restoring of water bodies - activity falls under exclusion clause of "site formation and clearance, excavation and earth moving and demolition service" - No ST chargeable: CESTAT

Mumbai, July 30, 2014 ST - Renting of Immovable property - lease amount was collected as premium and rental at time of agreement - expressions �other similar arrangements' and �any other service in relation to such renting' used in s. 65 are expressions of width & amplitude - Pre-deposit Rs 20 Cr ordered: CESTAT

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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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