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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 01, 2018 CX - Renting of Immovable property service and Telephone services can be exclusively identified as used wholly by one unit - mischief of Rule 7(c) of CCR, 2004 attracted: CESTAT

Mumbai, February 01, 2018 I-T - When shares were allotted by assessee against which share application money was received in preceeding year, any addition based on such credit balance is legally not sustainable: ITAT

New Delhi, January 31, 2018 I-T - Operation of Rule 8D for allocating expenditure in relation to exempt income is prospective in nature: SC

Chennai, January 31, 2018 Income Tax - When Revenue official is found to be usurper of office under provisions of Benami Act, 'defacto doctrine' does not come to his rescue: HC

Mumbai, January 31, 2018 CX - Costs of Rupees One lakh imposed on Revenue for pursuing frivolous and vexatious litigation and wasting precious judicial time: High Court

Mumbai, January 31, 2018 I-T - Failure to establish with necessary evidence regarding transportation of goods can lead to addition in assessee's income on account of purchases made from grey market: ITAT

Mumbai, January 31, 2018 CX - Bench remands matter 'with a heavy heart': CESTAT

New Delhi, January 30, 2018 ST - Invocation of extended limitation period does not refer to scenario where there is mere omission or failure to pay duty or take out licence without presence of an intention to evade tax: HC

Mumbai, January 30, 2018 CX - Discretion vesting in tribunal must be exercised judiciously and not capriciously - It is improper to throw out a litigant on technical ground after appeal is entertained and kept pending: HC

New Delhi, January 30, 2018 I-T - Power of revision can be exercised u/s 263 where particular issue is not examined in its entirety by AO: HC

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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

PMLA - Considering money trail and involvement of applicant in crime he is not entitled for anticipatory bail : HC

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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