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3 Indian women from Gujarat died in mega SUV accident in US JNU switches to NET in place of entrance test for PhD admissions GST - fake invoice - Patanjali served Rs 27 Cr demand notice I-T - Bonafide claim of deduction by assessee which was accepted in first round of proceedings does not tantamount to furnishing of inaccurate particulars, simply because it was disallowed later: ITAT India-bound oil tanker struck by Houthi’s missiles in Red Sea SCO Defence Ministers' Meeting endorses 'One Earth, One Family, One Future'RBI issues draft rules on digital lending I-T - In order to invoke revisionary jurisdiction u/s 263, twin conditions of error in order and also prejudice to interest of Revenue must be established independently: ITAT CRPF senior official served notice of dismissal on charges of sexual harassment Indian Air Force ushers in Digital Transformation with DigiLocker Integration Columbia faculty blames leadership for police action against protesters CX - When process undertaken by assessee does not amount to manufacture, even then CENVAT credit is admissible if such inputs are cleared on payment of duty which would amount to reversal of credit availed: CESTAT Google to inject USD 3 bn investment in data centre in Indiana Cus - The equipments are teaching accessories which enable students in a class to respond to queries and these equipments are used along with ADP machine, same merits classification under CTH 8471 60 29: CESTAT UN says clearing Gaza mounds of rubble to take 14 yrs ST - When issue is of interpretation, appellant should not be fastened with demand for extended period, the demand confirmed for extended period is set aside: CESTAT Blinken says China trying to interfere US Presidential polls World Energy Congress 2024: IREDA CMD highlights need for Innovative Financing Solutions


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Mumbai, December 01, 2013 Penalty - Customs official in his statement admitting that he had accepted gratification and granted LET order in respect of consignments which were overvalued to claim undue DEPB benefits - Pre-deposit ordered: CESTAT

New Delhi, November 30, 2013 I-T - Whether when Indian subsidiary enters into agreement with parent for right to duplication and imports of master copy, expenditure incurred on import of new versions of master copy having short shelf-life is to be construed as revenue in nature - YES: Delhi HC

Mumbai, November 30, 2013 CX - Notfn. 19/2004-CE(NT) granting rebate of duty specifically excludes goods which have been cleared by availing exemption notifications 56 & 57 of 2002 - in order to overcome this condition, appellant appears to have resorted to ‘deception' -Pre-deposit ordered in cash of Rs.13.22 Crores.: CESTAT By Majority

Chennai, November 29, 2013 CX - Manufacture - cutting of carpet rolls into smaller sizes and subjecting such cut sizes to process of stitching linings at edges would not amount to manufacture: CESTAT LB

New Delhi, November 29, 2013 I-T - Whether doctrine of 'source of source' and 'origin of origin' can be applied universally - NO, not without reference to factual matrix: Delhi HC

Bangalore, November 29, 2013 Service Tax - Stay and Waiver of pre-deposit: EPC need not be whole project, it can also be a part - Person includes Government - Pre-deposit ordered: CESTAT

Chennai, November 28, 2013 CX - CENVAT Credit - Capital Goods cleared as such - assessee would be entitled to reverse whatever Cenvat credit availed on value to be assessed on date of such subsequent sale as capital goods: CESTAT LB

Bangalore, November 28, 2013 I-T - Whether when Indian subsidiary turns its business losses into profit with financial aid coming from parent, such payment is to be treated as capital subsidy - YES: High Court

Mumbai, November 28, 2013 ST - Appellant MSRTC providing buses for excursions, site seeing, marriages, election duty etc - Appellant merely renting their vehicles - appellant cannot be termed as Tour Operators – as demand not sustainable penalties also do not survive – MSRTC appeal allowed and Revenue appeal dismissed: CESTAT

Chennai, November 27, 2013 ST - Whether cost of 'deemed sale' goods to be excluded from value for computing Tax - Larger Bench declines to answer reference in view of HC order - Matter remanded to Division Bench

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April 26, 2024

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