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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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Mumbai, January 29, 2016 I-T - Whether when income as well as expenditure incurred by assessee are governed by specific provision which have an overriding effect, in that case it is still open for AO to invoke other provisions to make disallowance - NO: ITAT

Bangalore, January 29, 2016 VAT - Whether relevance placed on Central Excise notification could be considered as basis to conclude that Rubber Process Oil could be classified as a petroleum product falling under 'Tar and others' - NO: HC

Mumbai, January 28, 2016 I-T - Whether mere purchase of BMW car in name of trustee can be considered as sufficient ground for cancellation of registration u/s 12AA(3) - NO: ITAT

Chennai, January 28, 2016 VAT - Department collects data from Customs and passes Order relying on data - Relied upon documents not furnished to Dealer - Principles of Natural Justice not followed - Order set aside and matter remanded: HC

Mumbai, January 28, 2016 ST - In garb of Rule 6 of CCR, 2004 provisions of s.93 cannot be overridden and/or exemption provided under s.93 cannot be negated by CCR, which is a delegated legislation and subservient to main Act: CESTAT

Mumbai, January 28, 2016 CX - There is nothing on record to show that impure dowthermdiphyl; old and damaged PTA scrap, wash water - 50% concentration of lactum, old and used sludge oil; old and used all types of oil, spin finish oil and old assorted bearings are manufactured products - No CE duty liability arises thereon: CESTAT

New Delhi, January 27, 2016 I-T - Whether during pendency of suit against enhancement of licence fee, assessee�s claim of payment towards licence fee and interest on arrears of licence fee is an ascertained liability - YES: HC

Chennai, January 27, 2016 Customs - Sec 113(d) is applicable for goods already exported - Consequential penalty u/s 114 is upheld - Order of CESTAT holding contrary is erroneous and is set aside: HC

Mumbai, January 27, 2016 ST - Appellant rendering intermediary service to Postal department - If ST is paid, same shall be available as Cenvat credit and to that extent net liability of ST shall stand reduced while paying ST by postal department - Therefore, it is an exercise of revenue neutrality & for this reason demand does not exist: CESTAT

New York, January 26, 2016 El Ni�o threatens 60 mm people in high-risk developing countries: WHO

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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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