News Update

Apple China tosses out WhatsApp & Threads from App store after being orderedChina announces launch of new military cyber corpsRailways operates record number of additional Trains in Summer Season 2024GST - 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: HC1st phase polling - Close to 60% voter turnout recordedGST - 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: HCMinistry of Law to organise Conference on Criminal Justice System tomorrowGST - To effectively contest the demand and provide an opportunity to petitioner to place all relevant documents, matter remanded but by protecting revenue interest: HCGovt appoints New Directors for 6 IITsGST - 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: HCNexus 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: HCI-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: HCIsrael launches missile attack on IranEC holds Video-Conference with over 250 Observers of Phase 2 pollsGermany disfavours Brazil’s proposal to tax super-richI-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: ITATGovt appoints Dinesh Tripathi as New Navy ChiefAFMS, IIT Kanpur to develop tech to address health problems of soldiersFBI sirens against Chinese hackers eyeing US infrastructureKenya’s top military commanders perish in copter crashCBIC notifies Customs exchange rates w.e.f. April 19, 2024Meta shares ‘Most Intelligent’ AI assistant built on Llama modelDengue cases soaring in US - Close to ‘Emergency situation’: UN Agency
 
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New Delhi, August 04, 2013
Cus - Making of endorsement on Shipping Bills for claiming export incentive under VKGUY were effected - Whether permissible u/s 149 - Difference of Opinion - Matter referred to President: CESTAT
 
Lyon, August 04, 2013
Carbon trading faces threat of exploitation by criminals: INTERPOL
 
New Delhi, August 03, 2013
ST - Prima facie, it does not appear that commission received by petitioner from M/s Amadeus for using its software and hardware, falls outside pale of BAS - Pre-deposit ordered: CESTAT
 
New Delhi, August 03, 2013
UPA Cabinet decides to do the predictable - to amend RTI Act to exempt political parties from definition of Public Authority
 
New Delhi, August 02, 2013
Refund - Unjust enrichment - Whether amount in dispute charged as expenditure in P & L account constitutes cost of manufacture absorbed by sale value and refund is hit by unjust enrichment - Matter referred to Third Member
 
New Delhi, August 02, 2013
I-T - Whether when assessee writes off security deposits paid against leased premises as ordinary business loss it can be construed as revenue expenditure - YES: ITAT
 
Ahmedabad, August 02, 2013
ST - Penalty - Legislation is operative proprio vigore on enactment - No person therefore, could reasonably harbour any manner of doubt that when legislation is under challenge, challenged legislation is in eclipse to be upheld - s. 73(3) cannot be invoked to not impose penalty: CESTAT
 
New Delhi, August 01, 2013
CX - Notf. 6/2001 - For purpose of computing exempted first clearance of 3500 MT of Paper, weight of manufactured wrapping paper used to wrap Duplex board is required to be included - Revenue interest cannot be buried - Order set aside and duty confirmed: CESTAT by Majority
 
New Delhi, August 01, 2013
I-T - Whether income earned from betting placed on live telecast of horse race falls within the purview of royalty, and hence, is liable to TDS - NO: ITAT
 
New Delhi, August 01, 2013
ST - BAS - since appellants are providing various services to IBP Company and are covered under Clause (i), (iii) & (iv) of definition of BAS apart from being Commission Agent, benefit of Notification 13/2003 has rightly been denied: CESTAT
 
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