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India-Ghana Joint Trade Committee meeting held in Accra Ghana agrees to activate UPI links in 6 months GST - 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: HC ED seizes about 20 kg gold from locker of a cyber scammer in Haryana GST - Mapping of PAN number with GST number - No fault of petitioner - Respondent authorities directed to activate GST number within two weeks: HC GST - Circular 183/2022 - Petitioner to prove his case that he had received the supply and paid the tax to the supplier/dealer - Matter remitted: HC GST -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: HC GST - 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: HC Sun releases two solar storms - Earth has come in its way Requisite Checks for Appeals - Respondent Inheritance Tax row - A golden opportunity to end 32-years long Policy Paralysis on DTC The Heat is on: Preserving Earth's Climate in the Face of Global Warming VAT - Timeline for frefund must be followed mandatorily while recovering dues under Delhi VAT Act: SC India, Australia to work closely for collaborative projects CX - 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: HC Powerful voices of amazing women leaders resonated at UN Hqs 75 International visitors from 23 countries arrive to watch world's largest elections unfold Centre asks States to improve organ donation frequency Cus - 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: HC Adani Port to develop port in Philippines US Nurse convicted of killing 17 patients - 700 yrs of jail-term awarded


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New Delhi, July 19, 2018 I-T - Undisclosed income can be assessed as 'Income from other sources' and against same assessee can claim set off of unabsorbed depreciation : ITAT

Mumbai, July 19, 2018 Cus - Transitional arrangement which has been clarified by Trade notice does not contravene substantive provisions of notification or section 3 of FTDR Act: High Court

Mumbai, July 19, 2018 I-T - No taxpayer can be prevented from netting off interest received on income tax refund, against interest payable on delayed deposit of tax, same being tax neutral exercise: ITAT

New Delhi, July 18, 2018 GST - When delivery challan is issued u/r 55, it is a mandate under sub-rule (3) that there should be a declaration u/r 138 - fact that there was no such declaration, raises a reasonable presumption of attempt to evade tax - s.129 definitely operates: HC

New Delhi, July 18, 2018 I-T - Delayed deposit of TDS in govt A/c can be forgiven, if such default was backed by severe financial crises: ITAT

Mumbai, July 17, 2018 I-T - If assessee fails to establish urgent nature of business necessities for taking loans from its Directors in cash, such transaction warrants levy of penalty u/s 271D: ITAT Special Bench

Bangalore, July 17, 2018 ST - If GOI department could be treated as using 'Residential Complex' constructed by NBCC for its 'personal use', how another Corporate body could be denied benefit of that type of user of 'Residential Complex' to be occupied by its Managerial Staff: HC

Bangalore, July 17, 2018 CX - On being pointed out, Assessee immediately reversed CENVAT Credit wrongly availed by it - there cannot be said to be any fraud through which it wanted to evade Excise Duty - setting aside of interest and penalty cannot be faulted: HC

New Delhi, July 17, 2018 I-T - Complaint received against assessee is a reason to suspect but it is not a reason to believe that some income has escaped assessment untill AO verifies content of information before initiating re-assessment: ITAT

Hyderabad, July 16, 2018 I-T - Even if soil separated from land and put in containers it continues to be specie of land and income from growing mushrooms in such containers under controlled environment is agri income exempt u/s 10(1): ITAT Special Bench

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