Follow Us:

Archive: 26 August 2023

Posts in 26 August 2023

Disallowance u/s 36(1)(iii) unsustainable as interest bearing funds not utilized for non-business purpose

August 26, 2023 723 Views 0 comment Print

ITAT Ahmedabad held that disallowance of interest under section 36(1)(iii) unsustainable as interest bearing funds were not utilized for non-business purpose and interest free advances were made in the course of business.

Extended period of limitation invoked as facts suppressed with intention to evade payment of tax

August 26, 2023 888 Views 0 comment Print

CESTAT Chennai held that extended period of limitation invoked as appellant suppressed provision of service falling under the category of ‘Erection, Commissioning and Installation’ service with intention to evade payment of tax.

Directions issued to Central & State Commissions for effectuating Section 4 of RTI Act

August 26, 2023 468 Views 0 comment Print

In present facts of the case, the Honble Supreme Court have given directions to the Central Information Commission and the State Information Commissions to ensure proper implementation of the mandate of Section 4 of the RTI Act,

Order passed without assigning any reasons is non-speaking order

August 26, 2023 6555 Views 0 comment Print

CESTAT Delhi held that order passed without assigning any reasons is non-speaking order and, accordingly, the same is bad-in-law and is liable to be set aside.

Merely billing customers for booking of cargo space doesn’t make one a Freight Forwarder

August 26, 2023 1950 Views 0 comment Print

CESTAT Chennai held that merely billing customers for booking of space does not make one a Freight Forwarder. Therefore, the appellant whose activity has failed to establish his credential as a Freight Forwarder is found to satisfy the classification of Business Support Service. Accordingly, demand sustained.

Enforcement of Award cannot be questioned when the Order has attained finality

August 26, 2023 963 Views 0 comment Print

In present facts of the case, the Honble High Court while dismissing the Petition have observed that the order passed in Appeal which has not been challenged by the Petitioner would attain finality, and therefore no fault can be found with the learned Tribunal seeking to enforce the Award in accordance with the law.

Communication of de-canalisation Order within time is must to substantiate non-execution of Contract

August 26, 2023 408 Views 0 comment Print

In present facts of the case, the Appeals were dismissed by Honble Supreme Court and have affirmed the Order of the Arbitral Tribunal wherein de-canalisation order by the Government was not communicated within time.

Employment Condition not a Violation of CCI Act Section 4(2)(a)(i): CCI

August 26, 2023 3186 Views 0 comment Print

Analysis of the case between Transvahan Technologies and S.R. Venkatesan regarding unfair employment conditions under the CCI Act’s Section 4.

AI’s Role in Predicting Market Volatility: What You Need to Know

August 26, 2023 1815 Views 0 comment Print

As we navigate the whirlwind of the 2023 financial landscape, Artificial Intelligence (AI) emerges as a game-changer, transforming our understanding of market volatility.

Tata Motors not guilty of coercing dealers and imposing unfair practices: CCI

August 26, 2023 3345 Views 0 comment Print

Dive deep into the Competition Commission of India’s ruling in the case between Neha Gupta and Tata Motors. Explore the allegations, analysis, and conclusions drawn.

Search Post by Date
May 2026
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031