News Update

CBIC goes for fresh allocation of charge with Zonal charge; New Member Shashank Priya gets Delhi’s zonal chargeRs 10 lakh fine imposed on Go First for leaving behind 54 pax on wheelsEoI to be invited for the International Transhipment Port at Great Nicobar IslandIndia’s forex kitty swells to about USD 574 bnMeitY Startup Hub & Meta shortlists 120 for XR Startup ProgramNetherlands slaps Coinbase crypto exchange with USD 3.5 mn fineAadhaar e-KYC transactions jump 18.53% to 84.8 crore in Q3Govt tells SC: India has 2967 tigers in reservesI-T - High Court's intervention is not needed where net tax effect is far below monetary limit specified in relevant Circular of CBDT: HCGST - Petitioner is having efficacious remedy to contest the show cause notice before the adjudicating authority - Petition dismissed: HCST - SVLDRS, 2019 - There is nothing on record to show that last date was extended beyond 30.06.2020 - Rebated amount paid on first/second July, 2020 is of no avail since it was after the last date statutorily mandated: HCCus - CESTAT order dated June 2022 to be complied by Adjudicating Authority by passing detailed speaking order within a period of two months, without fail: HCLay-off bug now bites SAP, Dow & IBMGST - Notice is issued without application of mind as well as in breach of principles of natural justice qua suspension of registration: HCSouth Africa to ship 100 Cheetahs to IndiaGST - Neither the SCN nor the order of demand clearly sets out the reason for imposing the tax liability as well as penalty - Matter remanded: HCMummy draped in gold found in sealed Egyptian tombGST - No confiscation without seizure - Once the goods are to be treated as seized u/s 67(2), the same would be liable to be provisionally released: HCI-T - Re-assessment - SCN passed u/s 148A in name of deceased person is invalid; such defect cannot be cured u/s 292BB: HCGoogle complies with CCI order; announces amendment to AndroidDavos: A chill in Alps air & A peep into Affare Nabob!Budget prep - Challenges Many & Fiscal Options FewPaytm karo
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