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World Energy Congress 2024: IREDA CMD highlights need for Innovative Financing Solutions Voter turnout surpasses 50% by 4 PM in Phase 2 polls ST - Amendment made to FA, 1994 on 14.05.2015 making service tax applicable retrospectively on chit-fund business is only prospective - Refund payable of tax paid between 01.07.2012 to 13.05.2015: HC XI tells Blinken - China, US ought to be partners, not rivals ST - SVLDRS, 2019 - Amnesty Scheme, being of the nature of an exemption from the requirement to pay the actual tax due to the government, have to be considered strictly in favour of the revenue: HC CX - Issue involved is valuation of goods u/r 10A of CE Valuation Rules, 2000 - Appeal lies before Supreme Court: HC Cus - Smuggling - A person carrying any article on his belonging would be presumed to be aware of the contents of the articles being carried by him: HC Cus - Penalty that could be imposed for smuggling 3.2 kg of gold was Rs.88.40 lakhs, being the value of gold, but what is imposed is Rs.10 lakhs - Penalty not at all disproportionate: HC Cus - Keeping in mind the balance of convenience and irreparable injury which may be caused to Revenue, importer to continue indemnity bond of 115 crore and possession of confiscated diamonds to remain with department: HC Cus - OIA was passed in October 2022 remanding the matter to adjudicating authority but matter not yet disposed of - Six weeks' time granted to dispose proceedings: HC I-T - High Court need not intervene in matter involving factual issues; petitioner may utilise option of appeal: HC China asks Blinken to select between cooperation or confrontation I-T - Unexplained cash credit - additions u/s 68 unsustainable where based on conjecture & surmise alone: ITAT Honda to set up USD 11 bn EV plant in Canada Imran Khan banned from flaying State Institutions I-T - Income from sale of flats cannot be computed in assessee's hands, where legal possession of flats had not been handed over to buyers in that particular AY: ITAT Pro-Palestine demonstration spreads across US universities; 100 arrested I-T - Investment activities in venture capital which are not covered in negative list under Schedule III to SEBI Regulations, qualifies for deduction u/s 10(23FB): ITAT NATO asks China to stop backing Russia if keen to forge close ties with West NY top court quashes conviction of Harvey Weinstein in rape case


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Bangalore, April 13, 2018 CX - Any amount deposited during investigation is to be treated as pre-deposit - principle of unjust enrichment will not be applicable: CESTAT

Mumbai, April 12, 2018 I-T - No adjustment of tax dues against refunds accrued to assessee, without considering objections to such adjustment & in defiance of a High Court precedent on same issue: HC

Mumbai, April 12, 2018 I-T - SCN issued u/s 179(1) against delinquent Private Limited Company stating details of failure to recover tax dues is sine-qua non to put forth proceedings: HC

Thiruvananthapuram, April 12, 2018 GST - Severed rubber trees are 'goods' - Tax on rubber wood is 18% under HSN 4403: AAR

New Delhi, April 12, 2018 I-T - CIT cannot assume jurisdiction u/s 263 in case of inadequate verification of details produced by assessee before AO during assessment proceeding: ITAT

Thiruvananthapuram, April 12, 2018 GST - As goods are not imported into India at any point, no IGST liability on sale of goods procured from China and directly supplied to USA: AAR

Thiruvananthapuram, April 12, 2018 GST - Recovery of food expenses from employees for canteen services provided by company is an 'outward supply', hence taxable: AAR

Mumbai, April 12, 2018 CX - No demand of interest could be made beyond period of limitation when Revenue has failed to show any malafide: CESTAT

Mumbai, April 12, 2018 ST - Appellant had informed department that they have adjusted excess payment of tax by filing revised ST returns�SCN issued after three years for recovery of tax is time barred: CESTAT

Mumbai, April 11, 2018 ST - Deeming fiction u/s 65(105)(zzzz) - Scope of said section/clause is restricted only in those cases when same property is used partly for residence & partly for use of business or commerce: CESTAT

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April 26, 2024

I-T - Assessee cannot be prevented from claiming that receipts from sale of software were wrongly offered as royalty, merely because such income was wrongly offered in ROI and which was not revised: ITAT

April 26, 2024

I-T- Proceedings commenced subsequent to exercise of revisionary power u/s 263, are unsustainable, where the revisionary order itself came to be quashed: ITAT

April 26, 2024

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April 26, 2024

Trade Mark Act - Marks are visually phonetically and deceptively similar to Plaintiffs' trademarks : HC

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