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CBIC amends tariff value of silver; No change for other commodities High Level Official Delegation from Mauritius visits National Centre for Good Governance Govt hikes Minimum Wages vide enhanced VDA for unorganised workers TRAI mandates whitelisted URLs, APKS, or OTT links for SMS Traffic GST - Rule 86A is not a machinery provision for recovery of tax - Order can be passed only if ITC is available in the taxpayer's ECL - No negative blocking: HC France backs India’s membership to Security Council GST - No opportunity of personal hearing as was requested while replying to SCN was given - Order set aside: HC Jaishankar calls for reforms of WTO, G20 & UN GST - Goods were purchased from SAIL by a third party who sold to petitioner and who subsequently re-sold to consignee - No justification for detention on ground that correct documents were not travelling with truck: HC Family of 5 found dead in car in TN; Suicide suspected Alternative Global Value Chain - Is India going to be 'Next China'!IMF okays USD 7 bn loan to support Pak’s sinking economy Cus - Unreasoned order - Order spoke for itself - Revenue counsel tries his best to justify order but in the end had to throw in the towel: HC Bombay HC quashes govt clearance given after construction in Coastal area Prevent misuse of s.114AA of Customs Act Brazil keen to ink trade deal with EU GST - Existence or otherwise of principal place of business - A taxpayer's registration cannot be cancelled solely on the basis of some general queries/enquiries from random persons, of which there is no record: HC Harris promises tax credit and investments to US manufacturers CBIC notifies HAG benefits to 22 IRS officers Nukes may deflect asteroid threatening earth: Scientists After Iranian death threat, Trump says Iran should be torn into pieces India, Australia working to strengthen ECTA through CECA: Goyal US Intel suggests Russia has secret war drones factory in China Survey reveals 31% Indians now use e-com platforms for ordering grocery India's coal imports see marginal increase amid surge in Power Generation


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New Delhi, September 24, 2014 Income tax - Whether when assessee fails to produce PAN numbers of parties and also pays no interest on huge loans taken from them, it goes to establish that loan transactions were not genuine - YES: HC

Mumbai, September 24, 2014 ST - Visual images of 'Bruce Lee' received by appellant from foreign service provider for which they pay royalty - property embodied in visual images falls within definition of copyright as 'artistic work' and is excluded from IPR Service: CESTAT

Bangalore, September 24, 2014 Used capital goods cleared by DTA unit to EHTP under CT 3 certificates without reversing credit - Demand on ground that CT 3 clearance is allowed only if goods are obtained directly from manufacturer - HC answers question of law in favour of assessee

Bangalore, September 23, 2014 CENVAT Credit is admissible on fuel used for manufacture of power supplied to neighboring EOU situated in same premises - factory means more than one premises - No error in order of Tribunal: HC

Mumbai, September 23, 2014 ST - Observations of adjudicating authority are quite naive & cannot be accepted - there are mistakes in order - There cannot be double demand, once by denying credit taken & second by demand of credit utilized - Matter remanded: CESTAT

Mumbai, September 23, 2014 ST - Prima facie no ST liability arises on construction of low cost housing & Vipassana Kendra for Nagpur Improvement Trust & Municipal Council: CESTAT

Mumbai, September 23, 2014 Income tax - Whether Clause (d) of Sec 80IB(10), condition linked to date of approval of housing project, will not apply to any project sanctioned prior to Mar 31, 2005 - YES: HC

Mumbai, September 23, 2014 CX - Notfn 6/2006 - Certificate has to be issued only post supply as condition requires certificate to effect that 'such goods are cleared for intended use' - Commissioner has misconceived that certificate is required prior to clearance: CESTAT

Mumbai, September 22, 2014 ST - Leasing of land by Corporation on own account to pvt individuals on commercial consideration cannot be said to be sovereign function at all as normally understood - land given on lease is amenable to ST under Renting of Immovable property w.e.f 1.7.2010 - Pre-deposit ordered of Rs185 cr: CESTAT

New Delhi, September 22, 2014 CENVAT - Merely because supplier's name is Surya Roshni it is absurd to infer that they had supplied "tube lights" & not MS Tubes without taking slightest effort by checking from their website as to whether they have a steel division: CESTAT

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Shri Ram Nath Kovind, Hon'ble 14th President of India, addressing the gathering at TIOL Special Awards event.

September 26, 2024

TP - Assessment order quashed where TPO omits to follow directions given by DRP & ITAT; order erroneously includes non-AE revenue & non-AE cost for computing TP adjustment: ITAT

September 26, 2024

TP - Company merits being discarded as comparable for benchmarking purposes, where its products are entirely different from the products manufactured by assessee-company: ITAT

September 26, 2024

Constitution of India-Court acting under Article 226 doesnot have power to pass order without proper tangible material : HC

September 26, 2024

Trade Mark- Infringement of registered trademark is required to be considered by examining the overall commercial impression of two marks from standpoint of person of average intelligence and imperfect recollection: HC

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