News Update

India-Ghana Joint Trade Committee meeting held in AccraGhana agrees to activate UPI links in 6 monthsGST - Record does not reflect that any opportunity was given to petitioner to clarify its reply or furnish further documents/details - In such scenario, proper officer could not have formed an opinion - Matter remitted: HCED seizes about 20 kg gold from locker of a cyber scammer in HaryanaGST - Mapping of PAN number with GST number - No fault of petitioner - Respondent authorities directed to activate GST number within two weeks: HCGST - Circular 183/2022 - Petitioner to prove his case that he had received the supply and paid the tax to the supplier/dealer - Matter remitted: HCGST -Petitioner to produce all documents as required under summons -Petitioner to be heard by respondent and a decision to be taken, first on the preliminary issue raised with regard to applicability of CGST/SGST: HCGST - s.73 - Extension of time limit for issuance of order - Notifications 13/2022-CT and 09/2023-CT are not ultra vires s.168A of the Act, 2017: HCSun releases two solar storms - Earth has come in its wayRequisite Checks for Appeals - RespondentInheritance Tax row - A golden opportunity to end 32-years long Policy Paralysis on DTCThe Heat is on: Preserving Earth's Climate in the Face of Global WarmingVAT - Timeline for frefund must be followed mandatorily while recovering dues under Delhi VAT Act: SCIndia, Australia to work closely for collaborative projectsCX - All the information was available to department in 2003 itself, therefore, SCN issued four years after gathering information is not sustainable and is highly barred by limitation: HCPowerful voices of amazing women leaders resonated at UN Hqs75 International visitors from 23 countries arrive to watch world's largest elections unfoldCentre asks States to improve organ donation frequencyCus - Revenue involved in the appeal filed by Commissioner is far below the threshold monetary limit fixed by the CBEC, therefore, department cannot proceed with this appeal - Appeal stands disposed of: HCAdani Port to develop port in PhilippinesUS Nurse convicted of killing 17 patients - 700 yrs of jail-term awarded
 
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Chennai, August 10, 2017
I-T - Surplus arising upon amalgamation of subsidiary with its parent company, is non-taxable u/s 28(iv): ITAT
 
Ahmedabad, August 10, 2017
I-T - Tax Recovery Officer cannot prevent Bank as a secured creditor from realizing their unpaid dues through sale of secured assets: HC
 
Mumbai, August 10, 2017
Cus - Once LOP is obtained by EOU, no further license is required as LOP is authorization for all purposes: CESTAT
 
Mumbai, August 10, 2017
CX - EOT Cranes received in two parts under two invoices cannot be treated as two different items for denying credit: CESTAT
 
Ahmedabad, August 09, 2017
Gujarat HC Larger Bench upholds Division Bench decision in Vodafone MAT case; rules if assessee provisions amount for bad debts and reduces corresponding sum from loans in books, it amounts to write-off and it is not hit by Clause(i) to Explanation 1 to Sec 115JB
 
New Delhi, August 09, 2017
I-T - Reopening merely at behest of Superior officer, can be challenged for lack of jurisdiction: ITAT
 
Kolkata, August 09, 2017
I-T - No attachment notice u/s 281 can be issued, if no proceeding was initiated within seven months of noticing undisclosed income: HC
 
Mumbai, August 09, 2017
Cus - Market enquiries showing that product can be sold at much higher price does not prove that goods have been undervalued: CESTAT
 
Mumbai, August 09, 2017
ST - Tax paid on insurance services is an Input service: CESTAT
 
Mumbai, August 08, 2017
Cus - Parties cannot be remediless: HC
 
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Shri N K Singh, recipient of TIOL FISCAL HERITAGE AWARD 2023, delivering his acceptance speech at Fiscal Awards event held on April 6, 2024 at Taj Mahal Hotel, New Delhi.


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