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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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New Delhi, April 24, 2015 NDPS - Appellant picked up from his house and charged with carrying poppy - convicted under NDPS - more stringent punishment, more heavy is burden upon prosecution to prove offence: Supreme Court

New Delhi, April 24, 2015 CX - Exemption to goods supplied to Universities, National Labs - Matter remanded to consider evidence whether goods were used for research purposes: SC

New Delhi, April 23, 2015 Central Excise - Valuation - value of administrative overheads, bonus, gratuity, interest, conversion charges and depreciation charges, includible - Extended period not applicable as no intentional misdeclaration with purpose to avoid payment of correct excise duty: Supreme Court

New Delhi, April 23, 2015 Income tax - Whether income from use of terrace licensed for mounting radio tower is to be treated as income from house property - YES: HC

Allahabad, April 23, 2015 ST - If a sovereign/public authority provides a service which is not in nature of statutory activity and same is undertaken for consideration (not a statutory fee), then in such cases, service tax would be leviable as long as activity undertaken falls within scope of a taxable service as defined : High Court

Mumbai, April 23, 2015 CX - Denying SSI exemption & confirming demand by holding that brand name does not belong to respondent on ground that earlier company was under different management is absurd - finding of Commnr(A) is proper and legal - Revenue appeal dismissed: CESTAT

Mumbai, April 22, 2015 ST - Appellant, franchisee of Aptech Ltd, imparting training - Fee paid by cheques & appellant receiving 80% of fees on which they discharged ST - no cause for ST demand on 20% sum retained by Aptech: CESTAT

Mumbai, April 22, 2015 I-T - Whether when interim order entitles assessee to receive damages and settles suit for claim of specific performance, it is to be construed as relinquishment of right in property - YES: HC

Mumbai, April 22, 2015 Action of Customs to seek BG now when matter was settled in 2011 is unwarranted and amounts to harassment - Action is also contrary to spirit of Litigation Policy which aims at reducing litigation: CESTAT

Patna, April 21, 2015 CST - Whether where no demand is made after scrutiny, it is open to Revenue at time of issuance of Form-C, to discover something beyond what is required and refuse to issue Form-C, even if assessee has paid tax - NO: HC

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