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Courtroom Kudos: High Court Hails Assistant Commissioner's VerdictCongress whistles Delhi poll campaign with 400 units of free electricityI-T - AO cannot assess or reassess other material in respect of completed assessments/unabated assessments if no incriminating material is unearthed during search: ITATPM hails growing population of tigers in IndiaI-T - Agricultural income, even when accumulated in cash and deposited later, retains its exempt status under Section 10(1): ITATGovt erases 59K WhatsApp accounts in drive against digital fraudsI-T - Mere allegation that assessee's own unaccounted money was introduced & accommodated under bogus customers' name during demonetization period, is no basis for addition u/s 69A: ITATNamibia elects first female PresidentI-T - If the assessee has an interest income as well as expenditure, then net amount is to be worked out for considering the disallowance: ITATHorrified by Trump’s policy, hundreds of immigrants tented in Mexico going back home11,855 companies ejected out of MCA database in current fiscal till date: MoSBiden’s parting gift to Africa - USD 1 billion aidI-T - When commission agents did not have any permanent establishment in India, then liability of TDS u/s 195 does not apply to commission payments: ITATCoca-Cola rapped after it dilutes environmental targetsSupply Chain Council formed with USA as Chair & India as Vice-ChairMeta exploring nuclear reactor option to power data centresI-T - Concessionaire for Airport Metro Express Project is eligible for depreciation on, fare from commercial operations of metro project, which is not handed over to DMRC: ITATSouth Korean President retreats after lawmakers defy Martial LawPilot launched under PMIS to provide 1.25 lakh internship in current fiscalST - As per settled position in law, refund proceedings are considered execution proceedings & cannot modify prior assessments: CESTAT5 MBBS students perish as car rams into bus in KeralaIndia consolidating lead in Global Trade CompetitivenessRBI closely monitoring dormant bank accountsST - Self-assessment constitutes an assessment order, which is appealable - Ergo, refund claims cannot proceed without modification of original assessment: CESTATBernard Qunitin appointed as new PM of BelgiumMoS invites Israeli Startups to collaborate on National Quantum MissionISRO to launch PROBA-3 mission satellites from SriharikotaST - Amount received as EX-GRATIA is component of job work charges only and is not given for refraining appellants or tolerating any act, it is not a consideration for any service at all, hence there is no application of Section 66E of Finance Act, 1994: CESTAT
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