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Jio turns world’s top telco in terms of data traffic India takes part in 'Institutionalization of SMART Government for Improving Service Delivery' in London Gadkari faints during campaign; Heat takes toll on his health 'Sunflowers were the first ones to know' - film by FTII student selected at Cannes SARFAESI Act - Award of interest on auction money at rate applicable to fixed deposits is not a correct view and rate of interest deserves to be enhanced: SC (See 'TIOLCorplaws')ST - Chit Funds - Tax was not paid under mistake of law but upon demand by tax authorities - Refund not having been filed within time was rightly rejected: HC SC asks EC to submit more info on reliability of EVMs GST - Without considering reply on merits, proper officer has held that reply is unsatisfactory and, therefore, he is left with no alternative but to create demand - Order set aside: HC GST - Cancellation of registration retrospectively - Show Cause Notice and the impugned order are bereft of any details, accordingly the same cannot be sustained: HC GST - Registration could not have been cancelled retrospectively for the period for which returns were filed and taxpayer was compliant: HC GST - Notfn 11/2017-CTR amended by 03/2022 - Work contracts executed before 18 July 2022 - Petitioners should file refund claims before respondent agitating grievance and same be examined and orders passed within 4 months: HC Italy imposes USD 10 mn fine on Amazon for unfair business practices GST - Entire tax liability has been realised by appropriating the amount from the petitioner's bank account, therefore, Revenue interest stands fully secured - Since tax proposal was confirmed without participation of petitioner, order set aside and matter remanded: HC Caste Census is my mission, says Rahul Right to Sleep - A Legal lullaby US warns Pak of punitive sanctions against trade deal with Iran I-T- Income surrendered before approaching Settlement Commission not covered u/s 115BBE, where this provision did not exist during relevant AYs: HC Chinese companies decry anti-subsidy probe by EU I-T- Entire interest expenditure is allowable as deduction if loan funds is not diverted for non-income earning activities/personal purposes : ITAT UK to send military aid package worth USD 619 mn to Ukraine US regulator bans non-compete agreements by employees Air India, Nippon Airways join hands for travel between India and Japan SC grills Baba Ramdev & Balkrishna in misleading ad case


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Mumbai, February 16, 2018 CX - Table Diaries manufactured by appellant for Life Insurance Corporation of India with logo of LIC are not traded - Goods not 'branded goods' - SSI available: CESTAT

Allahabad, February 15, 2018 I-T - Allahabad High Court suspends retrospective withdrawal of registration u/s 12A, in absence of express legislative intent or adverse inference: HC

Allahabad, February 15, 2018 I-T - Firm's partner cannot claim deduction u/s 36(1)(iii) in respect of shares received towards partnership itself but not forming any part of capital account of firm: HC

Mumbai, February 15, 2018 CX - No co-relation between allegations made in body of SC N and computation of duty liability - demand itself is without any basis, hence unsustainable: CESTAT

New Delhi, February 14, 2018 CX - Notfn.30/2004 - Markings on jute bags are by compulsion of law only in order that PDS officials may identify & segregate aforesaid jute bags - no 'brand name' involved: SC

Kolkata, February 14, 2018 I-T - Accountancy Firms are not prone to Fringe Benefit tax, in respect of audit expenses incurred on their Articled Clerks: ITAT

Bangalore, February 14, 2018 ST - Once an activity is exempted u/s 66B in terms of Notfn. 25/2012, question of invoking Notfn 30/2012 dealing with reverse charge mechanism does not arise at all: CESTAT

Mumbai, February 14, 2018 CX - Cranes supplied for setting up a water supply facility for thermal power plant is entitled for exemption in terms of notfn 3/2004-CX: CESTAT

Bangalore, February 13, 2018 I-T - Huge capital fee mopped up by medical institutions to provide admission to applicants is to be construed as voluntary donation by parents for charitable purposes - NO: HC

Mumbai, February 13, 2018 CX - If only genus is covered by exemption and not the individual species, in that case no exemption would be available: CESTAT

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April 24, 2024

TP - Arm's length computation of corporate guarantees issued by assessee in favour of its AEs abroad taken at 1% which has been approved for earlier A.Ys, cannot be disturbed in absence of contrary: ITAT

April 24, 2024

I-T- DTAA does not get triggered at all when a domestic company pays DDT u/s 115-O of the Act : ITAT

April 24, 2024

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April 24, 2024

Competition Act - Informant has neither referred to any particular agreement nor provided any document which suggest existence of anti-competitive agreement : CCI

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