News Update

Cabinet approves Rs 5,281Cr investment in Ratle Hydropower Project in J&KTrump packs and leaves White House; Not to attend Biden’s inauguration ceremonyST - Since relied upon HC order has been stayed by SC, orders of lower authorities are quashed and matter remanded to Commissioner(A) with a direction to await the final order of SC and then decide appeal: HCI-T - Waiver of pre-deposit cannot be given merely because the assessee is a Government institution : HCSince HO and Liaison Office cannot be treated as separate persons, therefore, reimbursement of expenses made by HO cannot be treated as a consideration towards any service - no GST payable: AARKIA dealer - Although demo vehicles are for furtherance of business, even then they are not eligible for ITC as they are not covered by any exceptions given in clause (A), (B) or (C) of s.17(5)(a) of the Act: AARApplications invited for post of DC at Kandla SEZPM releases Rs 2,691 Cr for 6.1 lakh PMAY-G beneficiaries in UPCabinet okays India-Uzbekistan MoU in field of solar energyRailways renames Kalka Mail as Netaji ExpressIndia vaccinates 6.3 lakh health workers in four daysI-T - Cancellation of registration of State Cricket Associations due to commercial nature of activities - matter posted for hearing in Feb: SC LBI-T - Invoking machinery & process of High Court for settlement of personal scores of the petitioner is impermissible: HCUS Treasury Secretary nominee Janet Yellen’s big spending statement buoys up sentiments at stock markets worldwideI-T - Addition on account of bogus purchases cannot be made when AO has also allowed benefit u/s 10AA on the same transaction: ITATI-T - No TDS liability can be attached to any payments without examining nature & characterstic of same: ITATUN agencies work to support India's COVID-19 vaccine rolloutNo private webinars for public servantsI-T - Retrospective application of Sec 50C - Assessee seeks settlement under VsV Scheme - Competent Authority directed to consider assessee's application: HCSC-appointed committee on farm laws meets, invites farmers for talksLogistics Policy will enhance ease of doing business: GoyalGovt sets up National Startup Advisory Council for sustainable growthHypothetical questions without any facts on records need not be answered: AAR
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