News Update

 
Page 100
New Delhi, April 22, 2018
When on date of DPC there was no criminal case pending against officer, promotion cannot be denied merely on ground that CBI had recommended penalty in DA case: HC
 
Chennai, April 21, 2018
Cus - Post 08.04.2011, in view of amendments by FA, 2011 to sections 2,17 and 27 of Customs Act, 1962, there is no necessity to challenge an assessment order while seeking refund: CESTAT
 
Mumbai, April 20, 2018
CX - Too late for Revenue to complain that there is non-compliance by Settlement Commission with mandatory provisions of law: High Court
 
Chennai, April 20, 2018
I-T- TRO cannot suo moto assume powers under Indian Contract Act, 1872 to declare a transaction of sale to be void without approaching civil court: HC
 
Mumbai, April 20, 2018
I-T - Expenses incurred for purely business purposes not being incurred on employees, would not attract Fringe Benefit Tax: HC
 
Mumbai, April 20, 2018
CX - General practice amongst masses to not consider trading as an 'exempted service' till amendment was made in CCR - assessee had no malafide intention to avail undue benefit: CESTAT
 
Vizag, April 20, 2018
I-T - Mere projection of profit statement found in loose sheets from taxpayer's premises, is no basis for levying penalty in his hands: ITAT
 
Bangalore, April 20, 2018
CX - Assessee taking credit on rejected goods, recycling same and paying duty on clearance – alleging that credit has been availed irregularly is unsubstantiated – no question of double duty : CESTAT
 
Chennai, April 20, 2018
I-T - Payments made to founder or relative of trust, if credited to trust's account immediately without taking any undue benefit from it, will not upset exemption benefit u/s 11: ITAT
 
Mumbai, April 20, 2018
CX – Mere reiteration of order of penalty imposed by original authority, who had jurisdiction, by first appellate authority, who lacked jurisdiction, does not cause grievance to appellant at that stage: CESTAT
 
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