Budget Update
I-T - High Court need not intervene in matter involving factual issues; petitioner may utilise option of appeal: HC
China asks Blinken to select between cooperation or confrontation
I-T - Unexplained cash credit - additions u/s 68 unsustainable where based on conjecture & surmise alone: ITAT
Honda to set up USD 11 bn EV plant in Canada
I-T - Re-assessment is invalid where based only on a suspicion that income escaped assessment & where not based on concrete reasons to believe for commencing such proceedings : ITAT
Imran Khan banned from flaying State Institutions
I-T - Income from sale of flats cannot be computed in assessee's hands, where legal possession of flats had not been handed over to buyers in that particular AY: ITAT
Pro-Palestine demonstration spreads across US universities; 100 arrested
I-T - Investment activities in venture capital which are not covered in negative list under Schedule III to SEBI Regulations, qualifies for deduction u/s 10(23FB): ITAT
NATO asks China to stop backing Russia if keen to forge close ties with West
Cus - When Department has not complied with time limit, the order issued for revocation of licence or order issued for continuation of suspension licence cannot sustain: CESTAT
NY top court quashes conviction of Harvey Weinstein in rape case
Weather prediction normal for phase 2 poll day
IndiGo orders 30 Airbus A350s for long hauls
ST - Appellant is an 'authorised medical practitioner' providing 'healthcare services' - services exempted in terms of clause 2(i) of notification 25/2012-ST: Commr(A)
RBI to issue fresh guidelines for banks to freeze suspected bank accounts being used for cyber crimes
REC avails SACE-Covered Green Loan for 60.5 Billion Japanese Yen
Study finds Coca-Cola accounts for 11% of branded plastic pollution worldwide
Cus - 'Small Form-factor Pluggable Optical Transceivers' are classifiable under CTH 8517 7090 and not under CTH 8517 62 90 - entitled for benefit of duty concession under 57/2017-Cus: CESTAT
DoNER discusses Development of Tourism in North East
CX - Appellant is eligible for exemption under Notfn 12/2012-CE upon fulfilling all conditions stipulated therein, thus sufficiently establishing that goods dealt with by Appellants qualify for exemption: CESTAT
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