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Great Wealth Migration: China continues to be perennial loser!DGTR recommends definitive anti-dumping duty on Isoprene Rubber from China & other countriesI-T- Power u/s 119(2)(b) has to be exercised liberally and delay in filing Audit Report is condonable where assessee would suffer genuine hardship otherwise: HCCalcutta HC orders to release man jailed for lambasting Bengal Minister on social mediaI-T- Re-assessment invalidated where based on change of opinion & where no failure to make full & true disclosure of facts is attributed to assessee: HCGermany blocks sale of turbine unit to Chinese groupI-T- Proceedings against deceased person are null & void; penalty imposed on deceased assessee for non-compliance with SCNs & orders stands quashed: HCLeading investment banks retreating from China; lays off jobsI-T - Mere execution of sale deed without complete transfer of consideration does not constitute transfer of property for purpose of levying capital gains: ITATExcess emissions: GM to pay USD 146 mn penaltyI-T - Denial of deduction u/s 80P is valid only upto income earned by cooperative societies through non-members: ITATUK goes to poll on Friday; Labour to win with largest majority in modern history: SurveysParliament Session concludes as both Houses adjourn sine dieWhite House says Biden not to chicken out of raceI-T - Reassessment - failure of AO to issue notice u/s 143(2) prior to finalizing reassessment order cannot be condoned by referring Section 292BB: ITATYogi orders Judicial Probe into Hathras tragedyATMS & RajmaargYatra App to disseminate information to assist NH usersBengal Governor gripes about protocol lapses during Siliguri visit; writes to State GovtCus - The exporter becomes entitled to MEIS benefits once it exported the notified goods to notified market and this benefit cannot be deprived except by cancellation of said scrips by DGFT itself after following due procedure: CESTATWIPO data shows Chinese inventors filing highest number of AI patentsGovt extends Smart Cities Mission till March 2025Manish Sisodia’s judicial custody further extendedCus - Import of Semiconductor fabrication systems - Value declared by importer is same as proforma invoice value declared by supplier; no mis-declaration or suppression is made out; confiscation of goods unwarranted: CESTATGovt proposes to amend Geographical Indication of Goods Rules; Draft issued for feedbackNITI Aayog to launch 'Sampoornata Abhiyan'Warehousing Authority notifies several agri goods to be stored in only registered warehousesCX - The demand raised and confirmed denying Cenvat credit availed on CVD paid on imported Steam Coal cannot sustain: CESTAT


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