Rajasthan HC rules on N.H. Lubricants case involving fake firms and ITC claims. Court directs petitioner to seek alternative remedies and dismisses petition.
CESTAT Delhi held that imposition of penalty and revocation of customs broker license justified as customs broker abetted the illegal export and also failed to comply with the provisions of CBLR, 2018.
Rajasthan High Court orders adjudicating authority to reconsider the dual classification of Aerosol Valves under Customs Tariff Headings.
ITAT Pune remands the case of Suhas Maruti Dhankude for re-adjudication due to non-adjudication of jurisdictional grounds and failure to state point of determination.
ITAT Pune held that the DTAA does not get triggered at all when a domestic company pays DDT u/s. 115O of the Income Tax Act. In nut-shell, domestic company doesn’t enter domain of DTAA at all.
ITAT Delhi rules against Instronics Limited’s bad debt claim, asserting NBFC loan was merely fund transfer, upholding Rs. 53.11 lakh disallowance.
Customs brokers must perform their duties with diligence, they should not be held responsible for penalties arising from misdeclarations made by importers if there is no clear evidence of their deliberate misconduct.
Learn about income tax deductions on home loans, including benefits under Sections 24, 80C, 80EE, and 80EEA. Understand eligibility and maximize your savings.
SEBI proposes omitting technical defaults from CRA guidelines to improve rating accuracy and consistency, preventing unintended market consequences.
Delhi High Court recent judgment highlights the alarming misuse of the POCSO Act, where cases are filed due to family objections to romantic relationships. The court emphasized that young boys, genuinely in love, are unjustly imprisoned. Lawmakers must now address this misuse to ensure justice.
