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IndiGo orders 30 Airbus A350s for long hauls Filing of Form 10A & 10AB: CBDT extends due date to June 30 RBI to issue fresh guidelines for banks to freeze suspected bank accounts being used for cyber crimes CPGRAMS recognized as best practice in Commonwealth Secretaries of public service Israel-Iran War: A close shave for Global Economy but for how long?KABIL, CSIR ink MoU for Advancing Geophysical Investigations I-T - If income from stock-in-trade are held as investments, then provisions of section 14A would apply to such income: ITAT TRAI recommends on Infra Sharing, Spectrum Sharing & Spectrum Leasing I-T- Revisionary powers u/s 263 can't be exercised when AO has neither assumed facts incorrectly nor there is incorrect application of law : ITAT Technology Board okays funding of Dhruva Space's Solar Array Project I-T- Issue of interest is debatable issue on which two views are possible and AO accepted one of views for which PCIT cannot assume revisional jurisdiction: ITAT Health Secy visits Bilthoven Biologicals, discusses production of Polio Vaccine I-T - Estimation of profit element from purchases should be done reasonably if assessee could not conclusively prove that purchases made are from parties as claimed, in absence of confirmations from them: ITAT Study finds Coca-Cola accounts for 11% of branded plastic pollution worldwide I-T- Triplex flats purchased are interconnected and can be considered as 'a residential unit'' as per definition of section 54F of Act : ITAT Delhi HC says conspiracy against PM is a crime against State I-T- AO omitted to probe issue of cash payments made over specified limit; revisionary power u/s 263 is rightly exercised: ITAT Brazil makes new rules to streamline consumption taxes I-T-Power of revision unnecessarily exercised where AO had no scope to examine creditworthiness & genuineness of assessee's creditors: ITAT Biden signs rules mandating airlines to give automatic refunds for delayed or cancelled flights I-T-As per settled law, in absence of enabling powers, no disallowance can be made : ITAT BYD trying to redefine luxury for new EV variants GST - On the one hand, the order states registration is liable to be cancelled retrospectively and on the other hand mentions that there are no dues - Order modified: HC SC asks EC to submit more info on reliability of EVMs Right to Sleep - A Legal lullaby


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Kolkata, June 22, 2015 Suspension of CHA licence - redressals provided in regulation 21 of CBLR, 2013 by way of filing appeal before CESTAT is efficacious alternative remedy - Court ought not to exercise its extraordinary power: HC

Mumbai, June 21, 2015 Import of Memory cards by post parcels - Order of Commissioner does not elaborate as to how goods were prohibited - SCN has not brought out any discrepancy in declared quantity - confiscation does not sustain: CESTAT

Mumbai, June 20, 2015 ST - Construction of Market-cum community hall and park - Revenue could have at the most taxed only that part of the contract which involves site formation and related earthwork, but that has not been done - Appeal dismissed: CESTAT

Mumbai, June 20, 2015 CX - Having not complied with order of Stay resulting in dismissal of his appeal, appellant cannot insist on an unconditional adjudication of his appeal on merits as that would be putting a premium on his negligent and intentional act: HC

Mumbai, June 19, 2015 CX - Cutting and slitting of jumbo rolls of imported self-adhesive film and self-adhesive paper as per requirement of customer does not amount to manufacture u/s 2(f) of CEA, 1944 - Assessee could not have paid duty on same: CESTAT

Mumbai, June 19, 2015 ST - Refund - Whether services of software maintenance which includes corrective, adoptive & perfective maintenance, or enhancement & preventive maintenance or re-engineering can be categorized under repair service of 'goods' - Difference of opinion: CESTAT

Chennai, June 19, 2015 I-T - Whether Sec 80-IA allows Revenue to look backward and find out if there is any loss of earlier years and bring forward notionally even though same were set off against other income - NO: HC

Mumbai, June 19, 2015 ST - Society running canteen in factory premises - appellant is separate entity & engages various persons for preparation of food, though, in premises of their client and for serving food - appellant cannot claim that they are not provider of catering service: CESTAT

Mumbai, June 19, 2015 Cus - Department has reopened matter on different issue of valuation after Settlement Commission had passed its final order - In view of s. 127J of Customs Act decision of Customs in re-opening case is questionable: CESTAT

New Delhi, June 18, 2015 Customs - Valuation - imported goods - Related Person - No interference with order of Tribunal's findings of fact: Supreme Court

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