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Govt appoints New Directors for 6 IITs 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 Nexus between Election Manifesto and Budget 2024 in July!GST - 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: HC 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 GST - 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: HC 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 I-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: HC Israel launches missile attack on Iran EC holds Video-Conference with over 250 Observers of Phase 2 polls Germany disfavours Brazil’s proposal to tax super-rich I-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: ITAT Govt appoints Dinesh Tripathi as New Navy Chief AFMS, IIT Kanpur to develop tech to address health problems of soldiers FBI sirens against Chinese hackers eyeing US infrastructure Kenya’s top military commanders perish in copter crash CBIC notifies Customs exchange rates w.e.f. April 19, 2024 Meta shares ‘Most Intelligent’ AI assistant built on Llama model Dengue cases soaring in US - Close to ‘Emergency situation’: UN Agency


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Chennai, September 15, 2015 Cus - When duty was directed to be re-computed & only amount quantified is amount of penalty u/s 114AA, appellant was right in contending that his application was not actually application for waiver of pre-deposit condition, but for waiver of penalty imposed u/s 114AA: HC

Mumbai, September 14, 2015 Cus - DEPB scrip - Circular 72/2002-Cus is binding on Revenue authorities - Insisting that re-export should take place from same port is not legal & proper - Appeal allowed: CESTAT

Mumbai, September 14, 2015 Cus - Claim of appellant that information on CD is nothing but IT Software merits acceptance as data on CD can be manipulated using AUTOCAD software - Designs & drawings contained in CD are correctly classifiable under heading 8523 8020 attracting Nil rate of duty: CESTAT

Bangalore, September 14, 2015 I-T - Whether when pursuant to Search operation, assessee fails to pay taxes but does so after coercive measures are taken, its petition seeking waiver of interest u/s 220(2) deserves to be entertained - NO: HC

Mumbai, September 14, 2015 ST - Matters which raise essentially disputed questions of fact cannot be decided by High Court - entertaining petition would amount to scuttling inquiry and delaying adjudication: HC

Chennai, September 13, 2015 Cus - Phones valued at Rs.11.7 lacs seized - Proceedings dropped & therefore Petitioner seeking release of goods but informed that goods have been disposed and paid Rs.7.3 lakhs - Petition filed for balance - HC directing Revenue to consider representation

Mumbai, September 12, 2015 ST - Consulting Engineer - Appellants are experts in shipping & were called upon by Lakshadweep to aid them in finalising kind of ship that may be required for movement of men & material from island to mainland - ST not payable during material period as appellant not an engineering firm: CESTAT

Mumbai, September 12, 2015 Cus - Royalty can be added to price of goods only if same is condition of sale of imported goods - Interestingly, there is no import of goods on value of which amount of royalty is sought to be added: CESTAT

Chennai, September 11, 2015 Mandatory pre-deposit for demands before 06.08.2014 - Pending consideration of provisions of Sec 35F, Madras HC allows filing appeal before Tribunal with waiver petition

Mumbai, September 11, 2015 I-T - Whether it is open to assessee to raise additional grounds before appellate authority to effect that capital gain should not be included in total income for purposes of taxation, even though it has offered the same to tax in subject AY - YES: HC

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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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