News Update

US imposes sanctions on 3 Chinese firms and one from Belarus for transfering missile tech to PakistanCX - Appellant has regularly filed statutory returns on monthly basis and the fact of clearance of goods and availment of credit was duly reflected in returns but same has not been examined by authorities below, impugned order is not sustainable: CESTATDubai terribly water-logged as it has no storm drainsST - When services are received from separate source & accounted separately in separate ledgers, there cannot be any question of clubbing them under one category: CESTATEU online content rules tightened against adult content firmsCus - The continuous suspension of license of Customs Broker without either conducting an inquiry or issuing a notice for revocation of license or imposition of penalty is bad in law and needs to be set aside: CESTATEV market cools off in US; Ford, GM eyeing gas-powered trucksApple China tosses out WhatsApp & Threads from App store after being orderedChina announces launch of new military cyber corpsRailways operates record number of additional Trains in Summer Season 2024GST - 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: HC1st phase polling - Close to 60% voter turnout recordedMinistry of Law to organise Conference on Criminal Justice System tomorrowGST - To effectively contest the demand and provide an opportunity to petitioner to place all relevant documents, matter remanded but by protecting revenue interest: HCGovt appoints New Directors for 6 IITsNexus 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: HCIsrael launches missile attack on IranEC holds Video-Conference with over 250 Observers of Phase 2 polls
 
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New Delhi, March 09, 2014
Upswing in political sensitivity in India: Number of unrecognised political parties goes up by more than 100% since 2004
 
New Delhi, March 09, 2014
India earns Rs 11355 Cr from tourism in February; Tourist arrivals up by 7.2%
 
New York, March 08, 2014
Women's Day: UN launches 'He for She' Drive; urges Men to stand for rights of women
 
New Delhi, March 08, 2014
Panel defers decision on more coal supply to NTPC
 
New Delhi, March 07, 2014
Illegal import of toxic wastes - Issue pending since 1995 - Customs directed to complete destruction by incineration in 60 days - there is complete apathy on part of officers - Disciplinary action to be initiated: Supreme Court
 
New Delhi, March 07, 2014
Income tax - Reassessment u/s 147 - Whether Revenue is on sound legal footing if it denies to share 2G Spectrum Investigation Report on ground of confidentiality - YES: Delhi HC
 
Mumbai, March 07, 2014
ST - If appellant had indeed rendered multiple services, charges would have varied every month - From statements of employees, service rendered was only security services and nothing else - appeal dismissed: CESTAT
 
New Delhi, March 07, 2014
CX - Valuation - buyer agreed for interest free advance to assessee to help set up factory with promise that assessee would supply 90% of production to buyer - such 'compensation' is not includible in AV: CESTAT by Majority
 
Ahmedabad, March 06, 2014
Income tax - Whether when assessee is public limited company, recovery of tax dues cannot be initiated against Directors and no proceedings u/s 179 can be initiated - YES: HC
 
Mumbai, March 06, 2014
ST - Merely because appellant collected only 75% of salary paid to employees, it does not take appellant out of purview of ST liability - Even if activity undertaken is one-time transaction, conforming to legal definition of supply of manpower, tax liability would accrue: CESTAT
 
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