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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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Mumbai, March 28, 2014 Income tax - Whether any loss made on last date of accounting year on account of derivative contract outstanding is allowable as business loss as per provisions of Sec 37(1) - YES: ITAT

Mumbai, March 28, 2014 CX - It is a well settled position that while considering various decisions on matter, latest decision should be preferred as that would have taken into account all the previous decisions on subject: CESTAT

New Delhi, March 27, 2014 Service Tax - Vocational training in areas such as export-import management, retail management and merchandising - Exempted for period 01.07.2003 to September, 2008: High Court

Chandigarh, March 27, 2014 Income tax - Whether when close relative of assessee has been working with him for several years, huge payment of commission in particular year can be construed as subterfuge to reduce tax liablity - YES: HC

Bangalore, March 27, 2014 Service Tax - Amount collected from customers not paid to Government but kept in escrow account - whether provisions of Section 73A are attracted - NO: CESTAT

Ahmedabad, March 26, 2014 Income tax - Whether for availing exemption u/s 54EC, period of investment of six months should be reckoned after the date of transfer or from end of British Calendar month in which transfer of capital asset took place - verdict favours assessee: ITAT Special Bench

New Delhi, March 26, 2014 NDPS - Transhipment is for import or export - Section 23 not applicable for transport of Indian ganja: Supreme Court

Mumbai, March 26, 2014 CX - Whether machinery supplied have key characteristic of lift when assembled - Panel of Engineers appointed, now disassembled - Member(T) recuses himself, new Member(T) appointed to preside and matter to be heard finally by Tribunal itself by hearing on two consecutive days: CESTAT

Hyderabad, March 26, 2014 ST - Waiver of Pre-deposit - Tribunal wrong on proposition of law that financial difficulty is subordinate criterion - Prima facie case is not only criterion, but financial hardship is to be considered side by side: HC

New Delhi, March 26, 2014 Income tax - Whether booking rights or right to purchase apartment is also a transferable capital asset - YES: Delhi HC

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September 26, 2024

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September 26, 2024

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

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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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