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Voter turnout surpasses 50% by 4 PM in Phase 2 polls ST - Amendment made to FA, 1994 on 14.05.2015 making service tax applicable retrospectively on chit-fund business is only prospective - Refund payable of tax paid between 01.07.2012 to 13.05.2015: HC XI tells Blinken - China, US ought to be partners, not rivals ST - SVLDRS, 2019 - Amnesty Scheme, being of the nature of an exemption from the requirement to pay the actual tax due to the government, have to be considered strictly in favour of the revenue: HC CX - Issue involved is valuation of goods u/r 10A of CE Valuation Rules, 2000 - Appeal lies before Supreme Court: HC Cus - Smuggling - A person carrying any article on his belonging would be presumed to be aware of the contents of the articles being carried by him: HC Cus - Penalty that could be imposed for smuggling 3.2 kg of gold was Rs.88.40 lakhs, being the value of gold, but what is imposed is Rs.10 lakhs - Penalty not at all disproportionate: HC Cus - Keeping in mind the balance of convenience and irreparable injury which may be caused to Revenue, importer to continue indemnity bond of 115 crore and possession of confiscated diamonds to remain with department: HC Cus - OIA was passed in October 2022 remanding the matter to adjudicating authority but matter not yet disposed of - Six weeks' time granted to dispose proceedings: HC I-T - High Court need not intervene in matter involving factual issues; petitioner may utilise option of appeal: HC China asks Blinken to select between cooperation or confrontation I-T - Unexplained cash credit - additions u/s 68 unsustainable where based on conjecture & surmise alone: ITAT Honda to set up USD 11 bn EV plant in Canada Imran Khan banned from flaying State Institutions I-T - Income from sale of flats cannot be computed in assessee's hands, where legal possession of flats had not been handed over to buyers in that particular AY: ITAT Pro-Palestine demonstration spreads across US universities; 100 arrested I-T - Investment activities in venture capital which are not covered in negative list under Schedule III to SEBI Regulations, qualifies for deduction u/s 10(23FB): ITAT NATO asks China to stop backing Russia if keen to forge close ties with West NY top court quashes conviction of Harvey Weinstein in rape case


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Hyderabad, May 04, 2014 Income tax - Whether oral arrangements made between coparceners of family members have binding force under Hindu Law - YES: ITAT

New York, May 04, 2014 UN Report on antibiotic resistance indicates 'serious threat' to global public health

Ahmedabad, May 03, 2014 ST - Amounts paid after 01.03.2013 but before enactment of VCES, 2013 on 10.05.2013 cannot be excluded from declaration as such a stand would substantially mutilate the term 'tax dues' - Writ allowed: HC

New Delhi, May 03, 2014 Income tax - Whether gains made out of investment in shares through a portfolio management scheme are to be taxed only as business income - NO: HC

Allahabad, May 02, 2014 ST - Appeal - Maintainability - Dispute relating to classification - whether activities fall within term Banking services is a question having relation to rate of tax and appeal lies to Supreme Court - HC dismisses appeal filed by Bank of Scotland

Kolkata, May 02, 2014 ST - SCN issued under Commercial Construction service and demand confirmed under Works Contract service - Writ Petition against order of pre-deposit by CESTAT - Pre-deposit reduced from 25% to 10%: High Court

Mumbai, May 02, 2014 No member is above law - At one time this Tribunal was known for expertise - It was one of best Tribunals and its example was cited even during course of imparting training to Judicial Officers - It is expected that Member (T) and Member (J) work in coordination and in tandem: Bombay HC

Mumbai, May 02, 2014 ST - Promotion of branded goods - ROM filed against reference to TM dismissed on ground that since M(J) has given findings on merit, he is not required to address other issues of export of service dealt by M(T) - no question of law: HC

Chennai, May 02, 2014 Income Tax - Whether interest on refund u/s 244A, is to be granted on sum after adjustment of MAT credit first and then TDS - Case remanded: HC

Mumbai, May 02, 2014 CX - Rs 42 Cr unaccounted income - Director admits amount was realized from Sale & Marketing of Tobacco products � CE duty & ST demand under BAS confirmed - transaction cannot amount to Service, manufacture & sale at same time - Stay granted: CESTAT

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April 26, 2024

I-T - Assessee cannot be prevented from claiming that receipts from sale of software were wrongly offered as royalty, merely because such income was wrongly offered in ROI and which was not revised: ITAT

April 26, 2024

I-T- Proceedings commenced subsequent to exercise of revisionary power u/s 263, are unsustainable, where the revisionary order itself came to be quashed: ITAT

April 26, 2024

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April 26, 2024

Trade Mark Act - Marks are visually phonetically and deceptively similar to Plaintiffs' trademarks : HC

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