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Apple China tosses out WhatsApp & Threads from App store after being ordered China announces launch of new military cyber corps Railways operates record number of additional Trains in Summer Season 2024 GST - Assessing officer took into account the evidence placed on record and drew conclusions - Bench is, therefore, of the view that petitioner should present a statutory appeal: HC 1st phase polling - Close to 60% voter turnout recorded GST - Tax liability was imposed because petitioner replied without annexing documents - It is just and appropriate that an opportunity be provided to contest tax demand on merits, albeit by putting petitioner on terms: HC Ministry of Law to organise Conference on Criminal Justice System tomorrow GST - To effectively contest the demand and provide an opportunity to petitioner to place all relevant documents, matter remanded but by protecting revenue interest: HC Govt appoints New Directors for 6 IITs GST - Petitioner has failed to avail opportunities granted repeatedly - Court cannot entertain request for remand as there has been no procedural impropriety and infraction of any provision by assessing authority: HC Nexus between Election Manifesto and Budget 2024 in July!GST - Classification - Matter which had stood examined by Principal Commissioner is being treated differently by Additional Commissioner - Prima facie , approach appears to be perverse: HC I-T- Denial of deduction u/s 80IC can create perception of genuine hardship, where claimant paid tax in excess of what was due; order denying deduction merits re-consideration: HC Israel launches missile attack on Iran EC holds Video-Conference with over 250 Observers of Phase 2 polls Germany disfavours Brazil’s proposal to tax super-rich I-T- If material found during search are not incriminating in nature AO can not made any addition u/s 153A in respect of unabated assessment: ITAT Govt appoints Dinesh Tripathi as New Navy Chief AFMS, IIT Kanpur to develop tech to address health problems of soldiers FBI sirens against Chinese hackers eyeing US infrastructure Kenya’s top military commanders perish in copter crash CBIC notifies Customs exchange rates w.e.f. April 19, 2024 Meta shares ‘Most Intelligent’ AI assistant built on Llama model Dengue cases soaring in US - Close to ‘Emergency situation’: UN Agency


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Allahabad, September 20, 2013 I-T - Whether advertisement expenses which were considered by Revenue as revenue expenditure were rightly disallowed merely because in books of account same were considered as deferred revenue expenditure - NO, rules HC

Mumbai, September 20, 2013 CX - Notfn 11/97 amending Notfn. 67/95 for exemption to intermediate products used in manufacture of goods supplied under exemption to Intl Organization as per Notfn. 108/95 is to be considered clarificatory in nature - Appeal allowed: CESTAT

New Delhi, September 20, 2013 Mere extraction of entire provisions of Sec 65(19) of Finance Act does not fulfill requirement of Show Cause Notice - Such infirmity is incurable - Show Cause Notice quashed: CESTAT

Allahabad, September 19, 2013 I-T - Whether assessee has case even if he pays higher stamp duty as per valuation of stamp authority and claims lower capital gains as per report of approved valuer - YES: HC

Ahmedabad, September 19, 2013 Cus - Valuation - for period from 02.03.01 to 26.09.06, ship demurrage charges cannot be included for discharge of customs duty on imported goods even if assessments are made provisionally: CESTAT LB

Mumbai, September 19, 2013 ST - Data furnished by appellant is used by foreign entity Reuters Ltd., UK for inclusion in their products for dissemination to customers situated worldwide - prima facie, service is 'BSS' and transaction would amount to exports - ST not attracted - Stay granted: CESTAT

New Delhi, September 18, 2013 I-T - Whether power to waive interest u/s 215 is judicial discretion vested in tax authorities and cannot be challenged in writ - YES: Delhi HC

Mumbai, September 18, 2013 ST - appellant imported helium gas in reusable and returnable containers - rental charged for use of containers whether liable to ST - supply of cylinders is part of sale of gas and it is not separate activity in itself - rental is part of value of goods sold - stay granted: CESTAT

Bangalore, September 18, 2013 CX - By not taking Cenvat Credit, Revenue realisation is more than Rs 10 lakh extra - No Suppression: CESTAT

Mumbai, September 17, 2013 I-T - Whether when assessee purchased shares for a lock-in period of three years and for acquiring management rights in a company, there cannot be a presumption that shares were acquired with object of trading and not investment - YES: Bombay HC

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I-T- Onus of establishing receipt of services from Associated Enterprise has to be discharged on year to year basis by assessee company: ITAT

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