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Farmers squat on railway tracks; 54 Amritsar-route trains cancelled 4 killed & 19 hurt as truck bangs into tractor-trolley Musk defers India’s trip citing heavy Tesla obligations India needs to design legislative pills to euthanise tax-induced expatriation!I-T- Exercise of jurisdiction u/s 263 is invalid if AO has taken particular view, which though, may not be only view, but certainly can be possible view : ITAT Torrential rains cause havoc in Pakistan; 87 killed I-T- Additions framed on account of unexplained money upheld as assessee was unable to prove source of cash deposited in assessee's bank account : ITAT US imposes sanctions on 3 Chinese firms and one from Belarus for transfering missile tech to Pakistan Dubai terribly water-logged as it has no storm drains ST - When services are received from separate source & accounted separately in separate ledgers, there cannot be any question of clubbing them under one category: CESTAT EU online content rules tightened against adult content firms Cus - The continuous suspension of license of Customs Broker without either conducting an inquiry or issuing a notice for revocation of license or imposition of penalty is bad in law and needs to be set aside: CESTAT EV market cools off in US; Ford, GM eyeing gas-powered trucks Apple China tosses out WhatsApp & Threads from App store after being ordered China announces launch of new military cyber corps Railways operates record number of additional Trains in Summer Season 2024 GST - Assessing officer took into account the evidence placed on record and drew conclusions - Bench is, therefore, of the view that petitioner should present a statutory appeal: HC Nexus between Election Manifesto and Budget 2024 in July!


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Kolkata, April 16, 2018 GST - Twin test method - Preparations �Rupam' and 'Pailab'are offered for treatment or prevention of specific skin disorders and are, therefore, classifiable as Medicament, HSN 3004: AAR

Jammu, April 16, 2018 I-T - Department's whims and fancies must not prevail in realms of taxation; No income should be treated as unexplained on basis of guess or speculation: HC

Mumbai, April 16, 2018 ST - Even though some part of hotel business is not taxable, it cannot be said that construction service was used exclusively for non-taxable service as overall hotel business is rendered within same premises: CESTAT

Mumbai, April 16, 2018 CX - Denial of SSI benefit on ground that goods were not completely manufactured in rural area - assuming that such activity by job worker in urban area is manufacture, demand should be on them & not assessee: CESTAT

New Delhi, April 16, 2018 I-T - Assessee is entitled to claim bank charges & general expenses which are necessary to keep status of company active even if there is no business activity during year : ITAT

Jammu, April 16, 2018 Sales Tax - Revenue cannot deduct STDS for issuance of refund merely because assessee's application for refund as submitted to the Deputy Commissioner is pending in nature: HC

Bangalore, April 16, 2018 ST - Late disbursal of refund � Interest liability commences from date of expiry of three months of refund application till refund is granted and not from date of order of refund: CESTAT

New Delhi, April 14, 2018 The Coconut Oil Story

Chennai, April 14, 2018 I-T - 'Died in harness' can only mean that employee passed away while in service; pension paid to heirs of such deceased employee can be treated as business expenses, even without having pension policy: HC

New Delhi, April 14, 2018 I-T - Tribunal can call for assessment record in absence of date in assessment order on which notices u/s 143(2) were issued and served on assessee: ITAT

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Shri Ram Nath Kovind, Hon'ble 14th President of India, addressing the gathering at TIOL Special Awards event.

April 19, 2024

I-T- Onus of establishing receipt of services from Associated Enterprise has to be discharged on year to year basis by assessee company: ITAT

April 19, 2024

DTAA - Payment received on account of subscription, professional and training services cannot be deemed to be Fees for Technical service and be taxed as Royalty, where no technical know-how is made available: ITAT

April 19, 2024

Companies Act - Charges of professional misconduct in SCN are proved for which monetary penalty can be imposed : NFRA

April 19, 2024

PMLA - Application for anticipatory bail can be rejected as there is failure on part of applicant to appear before trial Court despite service of bailable warrant : HC

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