Gujarat High Court clarifies precedence of secured assets between a bank and the Income Tax Department in Alok Agarwal’s case. Read the judgment details.
Maniar Associates LLP Vs Vijay Niwas Co-op. Hsg. Soc. Ltd. & Ors. (Bombay High Court) he fact remains that as respondent no.3 is in possession of the tenement in question and would now be handing over possession of such tenement to the petitioner/society. Hence considering the consistent view taken by this Court in Heritage Lifestyles and […]
Purna Chandra Rout Vs ITO (ITAT Delhi) In case of the difference between the Assessee’s books of account and as per Form No. 26AS, then on the said difference, only embedded portion of the profits is to be taken into consideration and the addition is to be made thereon but entire turnover cannot be added […]
RKS Agencies Vs State Tax Officer (Madras High Court) The petitioner purchased goods called cement from Andhra Pradesh, whereas, the petitioner is having the Branch office at Coimbatore which is the destination where the purchased goods has to reach. When the goods were transported, the vehicle was intercepted by the respondent Revenue Squad and they […]
National Faceless Assessment Centre Vs Mantra Industries Limited (Supreme Court of India) Mr. Balbir Singh, learned ASG, has vehemently submitted that, against the assessment order, the High Court ought not to have entertained the Writ Petition and ought to have relegated the original writ petitioner to avail statutory remedy of appeal before the CIT(A). It […]
Explore the CESTAT Delhi ruling in Anheuser Busch InBev India vs. Commissioner. Learn about excisability, duty, and Notification No.67/95 implications.
Grievance Redressal Mechanism Q.1 What are the grievance redressal channels in UIDAI? Ans. UIDAI has setup a multi-channel grievance handling mechanism for resident’s queries and grievances related to Aadhaar Enrolment, Updation and other services. Resident can reach UIDAI through multiple channels viz. Phone, Email, Chat and Web Portal. For quick disposal of complaints resident must […]
We would like to bring to your urgent attention that e-pharmacy marketplaces are not only operating without valid pharmacy licenses but have also been failing to undertake reasonable due diligence gravely compromising consumer safety and health. It must also be noted that e-pharmacy marketplaces often hide behind intermediary protection provisions like Section 79 of the Information Technology Act, 2000 in the event of an adverse incident where the consumer receives a counterfeit or adulterated or spurious or incorrect drug.
Cabinet approves Bilateral Memorandum of Understanding between Securities and Exchange Board of India and Manitoba Securities Commission, Canada The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the signing of Bilateral Memorandum of Understanding between Securities and Exchange Board of India and Manitoba Securities Commission, Canada. Benefits: The MoU, inter alia, […]
With a view to enhance ease of doing business and reduce the compliance burden, certain provisions of Chapter 5 related to the Export Promotion Capital Goods Scheme of the Handbook of Procedures (2015-20) are amended for EPCG authorizations issued under Foreign Trade Policy (2015-20). GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE […]
