Orissa HC set aside customs duty demand on a Port Trust, holding Section 45(3) applies to pilfered goods, not cargo lost in a super cyclone.
CESTAT Delhi held liquidated damages and late delivery charges are not consideration for a declared service under Section 66E(e) of the Finance Act, 1994.
The Supreme Court held that direct recruitment does not automatically confer regular employment where the governing rules permit tenure appointments. It ruled that an employee who accepted a tenure appointment could not later claim continuation until superannuation after accepting its terms.
The ITAT Pune held that the option exercised under Section 115BAC continues for subsequent years unless it is withdrawn or becomes invalid under the Act. It directed the AO/CPC to allow the new tax regime for AY 2023-24.
The Bombay High Court held that the customs authority failed to follow a binding CESTAT decision classifying glucometers under Tariff Heading 9027. It quashed the demand order and reaffirmed the importance of judicial discipline.
CESTAT Mumbai held that imported glucose monitoring devices are classifiable under CTH 9027 by following the Bombay High Courts ruling. The Revenues appeal was dismissed and the exemption under Notification No. 24/2005-Cus. was upheld.
CESTAT Bangalore held that omission of input services from the SEZ Approved List was only a procedural lapse. It allowed the refund as the services were used for authorised operations.
CESTAT Kolkata held compensation under the Coal Mines Act is not consideration for tolerating an act, setting aside service tax, interest and penalties.
A consolidated guide to Income-tax Act threshold limits for AY 2026-27 covering exemptions, deductions, TDS, TCS, compliance and penalties. It serves as a comprehensive statutory reference.
Bombay HC disposed of Revenue appeals below ₹50 lakh, holding the CBDT exception added on 20 August 2018 applies prospectively, not retrospectively.
