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GST - Challenge to 56/2023-CT - In similar matters, Court has directed respondents not to take coercive action - Interim stay granted from execution and implementation of garnishee notice: HCGST - Denial of ITC - sub-section (5) inserted in s.16 w.e.f 1 st July 2017 - Petitioner cannot be denied benefit of amendment - Bench permits petitioner to file appropriate rectification application as mandated by Circular dt. 15 October 2024: HCRanya Rao gold seizure case - Karnataka Govt orders probe into possible role of actress’ father DGP Ramachandra RaoCus - Entertainment of the previous writ petition by the Court would neither be a precedent nor enure to the benefit of the petitioner: HCCus - Jurisdiction under Art. 226 - It is settled that the same is discretionary and has to be necessarily tempered with the doctrine of forum conveniens: HCCus - Arrival at T-3 IGI airport - Indian employed in UAE, wearing 32 grams gold chain for attending marriage ceremony in Guruvayur - If the gold items seized are personal jewellery, the same would not be liable to be confiscated: HCUS tariffs affect Japan - Trade Minister Yoji Muto claims inability to secure exemption from tariffs for JapanCus - Small Form Factor Pluggable (SFP) modules correctly classifiable under 8517 7990, qualifying for applicable exemptions under Customs Notification No. 57/2017: HCCus - Department would be liable to pay Petitioner the market value of the detained gold if auction/sale proceeds is not refunded along with simple interest @6%: HCRussian Defence Ministry claims to have downed 337 Ukrainian drones in one nightCus - Misuse of seal - When the employees against whom allegations of forgery were made have been exonerated and penalty imposed set aside, Bench finds no reason to sustain the findings of tribunal that penalise appellant: HCGovt emphasizes on steps taken to cut crude oil importsElon Musk claims X (formerly Twitter) being targeted in massive cyber-attackNITI Aayog report highlights measures for swift containment of future pandemicsGovt lists measures taken for socio-economic & educational empowerment of minoritiesUS to fine Apple, Meta for contravening provisions of Digital Markets ActUS - Canada tariff war - Canada’s Ontario province adds 25% tariff on electricity export to USAGovt showcases works of women artisans to mark International Women's DayNew Delhi considers restoring High Commissioners following new PM taking power in CanadaI-T- Assessment proceedings can be continued against a deceased assessee's legal heir only if they are initiated during the lifetime of the assessee: HCWall Street records massive fall amidst uncertainty over Trump administration's tariff wars; over USD 4 Trillion wiped outGST - Suppression of turnover - Assessment order passed without considering assessee's request for adjournment, is invalid: HCI-T - Discrepancies leading to short deduction of tax, which resulted on account of unintentional clerical mistakes, is no basis to levy penalty u/s 271 in absence of any malice: ITATI-T- Re-opening of assessment would not be permitted for a fishing or a roving inquiry as a part of requirement of main provision of section 147 of the Act: ITATI-T - Proof of delivery are irrelevant consideration to test proprietary of source of cash deposits, if neither books were rejected nor cash sales were discredited: ITATI-T - PCIT is permitted to exercise his jurisdiction u/s 263 in setting aside assessment order of AO, if same was erroneous as well as prejudicial to interest of Revenue: ITAT
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