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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 CX - Appellant has regularly filed statutory returns on monthly basis and the fact of clearance of goods and availment of credit was duly reflected in returns but same has not been examined by authorities below, impugned order is not sustainable: CESTAT 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 1st phase polling - Close to 60% voter turnout recorded Ministry of Law to organise Conference on Criminal Justice System tomorrow GST - To effectively contest the demand and provide an opportunity to petitioner to place all relevant documents, matter remanded but by protecting revenue interest: HC Govt appoints New Directors for 6 IITs Nexus between Election Manifesto and Budget 2024 in July!GST - Classification - Matter which had stood examined by Principal Commissioner is being treated differently by Additional Commissioner - Prima facie , approach appears to be perverse: HC Israel launches missile attack on Iran EC holds Video-Conference with over 250 Observers of Phase 2 polls


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Raipur, February 13, 2018 I-T - Department must not reject books of a/c solely because quantification of raw materials & finished goods shows some degree of estimation: ITAT

Mumbai, February 13, 2018 CX - Merely by adding excipient, medicine which has a character of basic drug does not get altered � benefit of notfn. 4/2006-CE cannot be denied: CESTAT

Mumbai, February 12, 2018 FEMA - Cross examination of witnesses cannot be denied, if Adjudicating authority has expressly relied on their statements while issuing SCN: HC

New Delhi, February 12, 2018 I-T - No reopening proceedings after expiry of limitation period can be proceeded with, without obtaining necessary sanction u/s 151: HC

Mumbai, February 12, 2018 CX - CENVAT - Inclusion of cess in consideration for sale price of imported goods is commercially sound -describing such transaction as 'passing on of cess' is not contemplated in law: CESTAT

Mumbai, February 11, 2018 Customs - Recasting of seniority list using 'quota rule' after following lawful procedure, is not illegal or invalid in law: HC

Bangalore, February 10, 2018 ST - CENVAT refund u/r 5 of CCR, 2004 - Relevant date is the end of the quarter in which the FIRC is received: CESTAT LB

New Delhi, February 10, 2018 Cus - There is no sanction in Customs Act for freezing bank account: HC

New Delhi, February 09, 2018 CX - Components of boilers cleared as parts but essential to put into operation boilers, would be classifiable under SH 8402.10 @10% and not as claimed by Revenue under SH 8402.90 @ 15%: SC

Mumbai, February 09, 2018 CX - Taking of wrong credit on 14 occasions cannot be termed as clerical mistake - penalty rightly imposed u/r 15(2) of CCR, 2004 - ROM dismissed: CESTAT

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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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