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Govt hosts International Sugar Organisation meet; balancing consumers' & farmers' interests on agendaWikiLeaks founder Julian Assange pleads guilty in plea bargain deal with US; secures freedom after years of hidingHub & spoke model in textiles industry could enhance manufacture: Giriraj SinghLok Sabha Speaker’s election to be held today; Om Birla, K Suresh in frayGovt inaugurates Quantum Security Lab for enhanced R&D in cyber security, cryptology, quantum & network securityIsraeli Supreme Court overturns exemption from military service for ultra-orthodox Jewish seminary studentsCouncil for Ayurvedic Sciences inks MoU with WHO on research in traditional medicineProtests in Kenya over tax rate hike turns violent; 5 killed as protestors breach parliamentPoland launches ‘Holiday with Army’ recruitment drive; eye on RussiaThanneer ThanneerShinde directs Pune cops to demolish all illegal pubsI-T - Assessee's additional income is taxable as 'Business Income and no addition is needed u/s 69: ITATTax protests intensify in Nairobi - 5 killed & 30 wounded in police crackdownI-T- Assessee is entitled to claim of deduction u/s 80P(2)(d) towards interest earned on deposits with cooperative banks : ITATChennai Airport Customs arrests 10 pax for smuggling gold worth Rs 8 CrI-T- Section 69A is not applicable to transactions which are recorded in books of accounts maintained by assessee : ITATManhattan Judge eases gag order against Trump in hush-money caseI-T- Order rejecting approval u/s 80G is valid where the same is cryptic in nature & where it omits to make any reference to Section 80G or rules thereunder : ITATBrazil court rules possession of marijuana for personal consumption not a crimeI-T- The benefit of indexed cost of acquisition is applicable to an assessee while computing capital gain for the purpose of computation of book profit u/s 115JB of the Act: ITATTrudeau’s party loses by-polls in strongholdsI-T- Since assessee has filed audit report much after assessee had e-filed Form 10CCB, therefore, claim of deduction ought to have been granted : ITATPhilippines warns of region-wide conflict over South China SeaI-T- Once the timeline prescribed for filing in Form No.10AB for recognition u/s.12A of the Act, has been extended, same need to be treated as extended for forms viz., Form No.10AB for renewal of approval/recognition/registration under Clause (iii) of first proviso to sub- sec.(5) of Sec.80G of Act: ITATRussia, Ukraine exchange 90 prisoners of warCus - The refund was granted within 3 months as prescribed under Section 18 (4) of the Act, appellant is not entitled to any interest in view of statutory provisions: CESTAT50 drugs including paracetamol fail quality standardsCX - Appellant is eligible for Cenvat Credit of input and input services which are used in export of goods and are exempted from payment of Central Excise Duty: CESTAT
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