News Update

Apple China tosses out WhatsApp & Threads from App store after being orderedChina announces launch of new military cyber corpsRailways operates record number of additional Trains in Summer Season 2024GST - 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: HC1st phase polling - Close to 60% voter turnout recordedGST - Tax liability was imposed because petitioner replied without annexing documents - It is just and appropriate that an opportunity be provided to contest tax demand on merits, albeit by putting petitioner on terms: HCMinistry of Law to organise Conference on Criminal Justice System tomorrowGST - To effectively contest the demand and provide an opportunity to petitioner to place all relevant documents, matter remanded but by protecting revenue interest: HCGovt appoints New Directors for 6 IITsGST - Petitioner has failed to avail opportunities granted repeatedly - Court cannot entertain request for remand as there has been no procedural impropriety and infraction of any provision by assessing authority: HCNexus 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: HCI-T- Denial of deduction u/s 80IC can create perception of genuine hardship, where claimant paid tax in excess of what was due; order denying deduction merits re-consideration: HCIsrael launches missile attack on IranEC holds Video-Conference with over 250 Observers of Phase 2 pollsGermany disfavours Brazil’s proposal to tax super-richI-T- If material found during search are not incriminating in nature AO can not made any addition u/s 153A in respect of unabated assessment: ITATGovt appoints Dinesh Tripathi as New Navy ChiefAFMS, IIT Kanpur to develop tech to address health problems of soldiersFBI sirens against Chinese hackers eyeing US infrastructureKenya’s top military commanders perish in copter crashCBIC notifies Customs exchange rates w.e.f. April 19, 2024Meta shares ‘Most Intelligent’ AI assistant built on Llama modelDengue cases soaring in US - Close to ‘Emergency situation’: UN Agency
 
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Allahabad, January 04, 2017
ST - Refund - up-gradation activity undertaken by appellant of defence aircrafts did not amount to providing of Maintenance & Repair Services - since tax was not due to Exchequer, amount deposited as ST to be refunded: CESTAT
 
Chennai, January 03, 2017
I-T - Whether dispatch register by itself is sufficient for proving deemed service of notice u/s 148, in absence of any authenticated signature of AO on same - NO: HC
 
Mumbai, January 03, 2017
CX - Rule 18 accords rebate of duties paid on goods that are exported & do not distinguish between exempted goods and dutiable goods - lower authorities have erred in adopting approach which is redolent of opportunism: CESTAT
 
Allahabad, January 03, 2017
Cus - Valuation provisions of s.14 are not applicable to goods which have already left shores & export of which has already taken place - Excess drawback allegedly disbursed not recoverable: CESTAT
 
Mumbai, January 02, 2017
I-T - Whether an issue which was never subject matter of consideration in order passed u/s 143(3) r/w/s 254, can be sought for rectification u/s 154 - NO: HC
 
New Delhi, January 02, 2017
CENVAT Credit - Amendment to Rule 6 vide No 6/2010 to exclude supplies to Power Projects is only prospective - Demand upheld -Penalty set aside: CESTAT
 
Mumbai, January 01, 2017
CX - Since s.11A amended by s. 110 of FA, 2000 making provision for reopening of approved classification list is valid piece of legislation, differential duty can be recovered even in respect of approved classification list: HC
 
New Delhi, January 01, 2017
Indian economy continues to consolidate gains in current fiscal; CAD down to 1.1% of GDP & forex kitty quite comfortable: Jaitley
 
New Delhi, December 31, 2016
PM announces interest and loan sops for MSMEs, Sr Citizens, urban poor, farmers and pregnant women; Also thanks bankers for their service to Nation
 
Mumbai, December 31, 2016
CENVAT - There was no intention to evade duty in adopting facility of payment of tax of 8%- no suppression on part of appellant, hence demand is barred by limitation: CESTAT
 
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