News Update

ISRO beams down images of Maha KumbhST - s.67 of FA, 1994 does not allow inclusion of reimbursable expenses - Bench wonders why review petitions have been filed and moreover with a delay of 305 days - Petitions dismissed on ground of delay and merits; refrains from imposing costs on Revenue: SCCus - The phrase MIMO and LTE Products in Notification No. 24/2005-Cus applies exclusively to products that integrate both MIMO technology & LTE standards; where respondent's WAPs used MIMO technology without LTE, they were entitled to exemption: HCGST - levy of interest u/s 50(3) of CGST Act unjustified, when there is no wrongful utilization of ITC before cut-off date: HCGST - Petitioner's registration was cancelled, therefore, they were not obligated to visit the portal - No evidence that offline notice was issued before order was passed - Order set aside: HCGST - Anti-profiteering case against Real Estate company - NAA orders quashed, matter remanded to CCI in keeping with judgment in Reckitt Benckiser India Pvt Ltd case: HCSimply ComplicatedWTO ties up with WCO to improve cooperation in Customs mattersI-T - Banks are entitled to deduction in respect of broken period interest paid by them on securities: HCDelhi polls - Cops seizes Rs 47 lakh cash in Sangam Vihar areaCBIC promotes 13 officers as Pr Commissioner in HAG gradeTrump hints at 10% tariff on China from 1st Feb; EU also in for tariffsI-T - Object of DTVSV Act or amnesty schemes can't be frustrated by belated expansion of disputes which were never appealed or challenged before appropriate authority: HCJaishankar confabs with US Secretary of State Marco Rubio & National Security Adviser Mike WalzDIA Scheme to support MSME diamond exportersChina develops dual-reactor to convert CO2 into protein for human foodI-T - Decision to reopen concluded assessment must be based on cogent material that can lead to conclusion that assessee's income has escaped assessment: HCTrump announces USD 500 bn AI investment by Oracle, OpenAI & SoftBankGoyal holds bilateral talks with Belgian Foreign Trade MinisterDemocrats’ pushback against Trump’s removal of birthright citizenshipI-T - Reopening notice u/s 148A shall be quashed, if allegations made in notice issued u/s 148A(b) is at variance with grounds raised in order passed u/s 148A(d): HCSpain’s Dy PM quits Musk’s X platformJNPA is largest port with 10+ million TEUs capacity: Sonowal66 charred to death at Turkish ski resortI-T - If no incriminating material is unearthed during search, then AO cannot assess/reassess material in respect of completed assessments/ unabated assessments: HCGita Gopinath at WEF says 26% of Indian workforce exposed to AISukanya Samriddhi Yojana: A decade of transforming livesI-T- Individual assessee not required to maintain books of accounts; cannot be penalised under Section 271AAB, as there was no admission of undisclosed income during search: ITATEU delegation to visit India to improve trade ties: UrsulaMandaviya urges NSFs to follow Good Governance GuidelinesWHO rues withdrawal of US from global health bodyI-T- Additions cannot be sustained where they do not correspond to reasons recorded for reopening; re-assessment quashed too: ITATUNESCO, MeitY host stakeholder consultation on AI ReadinessI-T - Wife cannot be held liable for penalty u/s 271D based on acts/omissions on behalf of her deceased husband, who was only director in company which has violated provisions of Sec 269SS: ITAT

MESSAGE BOARD

   

Costly Commissioners


Judicial Indiscipline - A bugbear to fair Adjudication

Judicial discipline is not a virtue inculcated by the adjudicating authorities. Most of the orders passed by the departmental authorities, including the officers in the appellate hierarchy, completely turn blind to the judicial precedents and pass unfair and unconscionable orders. The adjudicating authorities do not mend their ways even when the Courts and Tribunals pass scathing strictures. This is because no administrative action is taken by the Department against such erring officials. Until the government strictly disciplines such erring officials this saga of unfair orders and judicial indiscipline will continue.

Chakravarthi Bommakanti 01/12/2023

 

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Technical Session I - Ease of Doing Business: GST on Digital Economy