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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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Allahabad, December 14, 2017 I-T - Cheque which is subsequently cancelled & returned without encashment, will not constitute 'real payment' and hence will not attract notional provision of Sec 2(22)(e): HC

Mumbai, December 14, 2017 CX � Merely because assessees name is not appearing on certificate will not debar them from benefit of exemption notification 3/2004-CX: CESTAT

Jodhpur, December 13, 2017 I-T - Income from sale of agri land is to be taxed as business income if assessee's business as per MoA is to carry on sale and purchase of land: HC

Mumbai, December 13, 2017 Cus - Law is to be applied in its letter and spirit without any will and pleasure of authorities below: CESTAT

Mumbai, December 13, 2017 CX - Grounds made by revenue in appeal are superfluous, which is neither flowing from SCN nor from adjudication order: CESTAT

Mumbai, December 12, 2017 CX - Since principal manufacturer did not pay duty & did not follow conditions of Notifn 214/86, jobworker is liable to duty: CESTAT LB

Mumbai, December 12, 2017 ST - Denial of CENVAT credit on ground of failure to deposit tax by service provider is not correct in equity : CESTAT

Mumbai, December 12, 2017 I-T - Reopening of concluded assessment by invoking provision of section 147 will not fall under ambit of change of opinion where AO formed an opinion contrary to binding decision of Apex Court: ITAT

Mumbai, December 12, 2017 Cus - A court is expected to make an overall assessment of fact situation and test same on touchstone of law to reach to its conclusion: CESTAT

Chennai, December 11, 2017 I-T - Assessees cannot avail Post decisional hearing if their case is transferred u/s 127 to some other I-T Officer located in same city: 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

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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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