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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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Kolkata, June 02, 2018 I-T- When statute contains express prohibition on availing Sec 80IB benefits in case of failure to file return u/s 139(1) within prescribed period, assessee cannot avail benefits during extended period as per Sec 139(4): HC

New Delhi, June 01, 2018 I-T - Mere declaration of undisclosed income without specifying its source is no ground to claim benefits u/s 271AAA(2): ITAT

Ahmedabad, June 01, 2018 I-T - Additional sale consideration discovered during search, if invested in residential property within limitation period, does not take away eligibility to benefit u/s 54: ITAT

Kolkata, June 01, 2018 I-T - Captive consumption of infrastructure developed by assessee is not an impediment for manufacturers in seeking beneficial deduction u/s 80IA: ITAT

Mumbai, June 01, 2018 CX - Goods actually manufactured were not declared which amounts to willful suppression of material facts with intention of evading duty - Extended period of limitation rightly invoked: HC

Mumbai, June 01, 2018 Cus - Custodianship carries with it responsibility that is acknowledged in contract law - liability to duty on pilfered goods arises from this responsibility and not by any express provision in CA, 1962: CESTAT

Bangalore, May 31, 2018 I -T - Commissioner is not allowed to re-examine assessee's claim by invoking powers u/s 263 when such claim was already discussed by both AO and Appellate Commissioner: HC

New Delhi, May 31, 2018 I-T - When merchant banker did nothing to test veracity of financial data furnished by assessee, no fault is to be found with AO if DCF method adopted to compute FMV was rejected: ITAT

New Delhi, May 31, 2018 I-T - When limited company transfers shares to group company as Gift but fails to prove that it was a part of family settlement, then it cannot escape from claws of capital gains: ITAT

Chennai, May 31, 2018 I- T - When assesee is not an owner of power generating plant & merely takes care of maintenance work on behalf of owner for certain consideration, it is not eligible for Sec 80IA benefits: HC

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