News Update

ISRO beams down images of Maha KumbhST - s.67 of FA, 1994 does not allow inclusion of reimbursable expenses - Bench wonders why review petitions have been filed and moreover with a delay of 305 days - Petitions dismissed on ground of delay and merits; refrains from imposing costs on Revenue: SCCus - The phrase MIMO and LTE Products in Notification No. 24/2005-Cus applies exclusively to products that integrate both MIMO technology & LTE standards; where respondent's WAPs used MIMO technology without LTE, they were entitled to exemption: HCGST - levy of interest u/s 50(3) of CGST Act unjustified, when there is no wrongful utilization of ITC before cut-off date: HCGST - Petitioner's registration was cancelled, therefore, they were not obligated to visit the portal - No evidence that offline notice was issued before order was passed - Order set aside: HCGST - Anti-profiteering case against Real Estate company - NAA orders quashed, matter remanded to CCI in keeping with judgment in Reckitt Benckiser India Pvt Ltd case: HCSimply ComplicatedWTO ties up with WCO to improve cooperation in Customs mattersI-T - Banks are entitled to deduction in respect of broken period interest paid by them on securities: HCDelhi polls - Cops seizes Rs 47 lakh cash in Sangam Vihar areaCBIC promotes 13 officers as Pr Commissioner in HAG gradeTrump hints at 10% tariff on China from 1st Feb; EU also in for tariffsI-T - Object of DTVSV Act or amnesty schemes can't be frustrated by belated expansion of disputes which were never appealed or challenged before appropriate authority: HCJaishankar confabs with US Secretary of State Marco Rubio & National Security Adviser Mike WalzDIA Scheme to support MSME diamond exportersChina develops dual-reactor to convert CO2 into protein for human foodI-T - Decision to reopen concluded assessment must be based on cogent material that can lead to conclusion that assessee's income has escaped assessment: HCTrump announces USD 500 bn AI investment by Oracle, OpenAI & SoftBankGoyal holds bilateral talks with Belgian Foreign Trade MinisterDemocrats’ pushback against Trump’s removal of birthright citizenshipI-T - Reopening notice u/s 148A shall be quashed, if allegations made in notice issued u/s 148A(b) is at variance with grounds raised in order passed u/s 148A(d): HCSpain’s Dy PM quits Musk’s X platformJNPA is largest port with 10+ million TEUs capacity: Sonowal66 charred to death at Turkish ski resortI-T - If no incriminating material is unearthed during search, then AO cannot assess/reassess material in respect of completed assessments/ unabated assessments: HCGita Gopinath at WEF says 26% of Indian workforce exposed to AISukanya Samriddhi Yojana: A decade of transforming livesI-T- Individual assessee not required to maintain books of accounts; cannot be penalised under Section 271AAB, as there was no admission of undisclosed income during search: ITATEU delegation to visit India to improve trade ties: UrsulaMandaviya urges NSFs to follow Good Governance GuidelinesWHO rues withdrawal of US from global health bodyI-T- Additions cannot be sustained where they do not correspond to reasons recorded for reopening; re-assessment quashed too: ITATUNESCO, MeitY host stakeholder consultation on AI ReadinessI-T - Wife cannot be held liable for penalty u/s 271D based on acts/omissions on behalf of her deceased husband, who was only director in company which has violated provisions of Sec 269SS: ITAT
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AR not Afar
by SK Rahman

Multiple Adjournments of Appeals, After Issue of Final Order - Attempt to Restore Them
December 18, 2024

Import of Elisa Test Kits and Reagents with Benefit of Notification
November 25, 2024

Undervaluation of Imported Aluminium Scrap (Part 4)
November 11, 2024

Undervaluation of Imported Aluminium Scrap (Part 3)
October 07, 2024

Undervaluation of Imported Aluminium Scrap (Part 2)
September 17, 2024

Undervaluation of Imported Aluminium Scrap (Part 1)
September 09, 2024

Interest on delayed payment of IGST on imported goods
August 19, 2024

Classification of 'electronic control units for electronic power steering' EPS ECU
August 05, 2024

Appeal on Denial of Cross Examination
July 22, 2024

Refund Arising out of Finalisation of Provisional Assessment
July 08, 2024

Import of goods in Completely Knocked Down (CKD) condition
July 01, 2024

Recovery of Erroneously Sanctioned Refund
June 17, 2024

Recovery of Erroneously Sanctioned Refund
June 10, 2024

Fulfilment of Export obligation of Advance Licence by attempting to export inferior goods
June 04, 2024

Suspension & Revocation of Customs Broker License PART
May 27, 2024

Suspension & Revocation of Customs Broker License
May 20, 2024

Evidences Required for Sustaining Penalties Imposed
May 13, 2024

Requisite Checks for Appeals - Respondent
May 06, 2024

Requisite Checks for Appeals - Court Fee
April 29, 2024

Requisite Checks for Appeals - Pre Deposit
April 16, 2024

Diversion of goods imported under Advance Licence to Open Market: Mens rea upheld
April 16, 2024

Hearings in CESTAT after commencement of CIRP by NCLT
April 09, 2024

Customs - Classification of Electronic Control Unit of 'Braking System' of Automobiles
April 02, 2024

Scrap import cases of Jaipur 62 appeals
March 26, 2024




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Former Prime Minister, Dr Manmohan Singh, delivering his Award Acceptance Speech after receiving TIOL Fiscal Heritage Award 2022 on Nov 8 at Taj Palace, New Delhi



Technical Session I - Ease of Doing Business: GST on Digital Economy