Tata Motors Ltd. Vs Commissioner of Central Excise (CESTAT Mumbai) We find that in the facts and circumstances of the present case the shortages and excesses if any found are theoretical due to huge quantity of inputs handling. It is not a case of the Department that the appellant have ever removed any Cenvat inputs […]
Periodic Updation of KYC – Restrictions on Account Operations for Non-compliance – In view of prevalent uncertainty due to new variant of Covid-19, the relaxation provided is hereby extended till March 31, 2022.
Tribunal held the addition to be erroneous and has considered in detail the nature and expenses in respect of which the assessee was sought to be penalized for not deducting the tax deducted at sources, holding that these expenses were in respect of the income accrued outside the territory for services rendered. With this finding the said question was rejected.
Power Weave Software Services P. Ltd. Vs Commissioner of Central Excise (CESTAT Mumbai) The appellant is in appeal against the impugned order wherein duty has been demanded from the appellant for import of the goods being 100% EOU, who obtained permission from Software Technology Parks of India (STPI in short) and goods were also liable […]
Customs officials detect around 1 kg of cocaine ingested as pellets by passenger at IGI Airport, one arrested In a display of tremendous alacrity, the Customs officers at Indira Gandhi International Airport (IGIA), New Delhi, unravelled yet another case of cocaine smuggling by detecting a case of human ingestion of specially designed pellets containing cocaine. […]
The Income Tax Department carried out search and seizure operations on 22.12.2021 on two prominent groups of Raipur and Korba, engaged in the business of manufacturing of iron & steel products, coal washery and transportation, etc. The search action covered more than 35 premises spread over Raipur, Korba, Bilaspur and Raigarh districts of Chhattisgarh.
M. k. Exim (India) Limited Vs Union of India (Rajasthan High Court) We have also perused the guidelines issued by the Directorate General of Foreign Trade under circular dated 31.12.2003 for maintaining the denied entities list. It records that most common instance of action leading to refusal of licenses occurs when firms default in export […]
Rohan Tanna Vs Union of India (Chhattisgarh High Court) Applicants are arrested for commission of offences punishable under Sections 16 & 132 (1) (b) & (c) of the GST Act. Section 138 of the GST Act deals with compounding of offences. Offence registered against applicants under Section 132 (1) of the GST Act is made […]
Mumbai Police prohibit any New Year celebration/programmed/function/gathering/party/activity/ or happening in any closed or space including restaurant, hotels, banquet halls, bars, pubs, orchestras, resorts, clubs, rooftops etc. The trains, buses and private cars may ply as per the current guidelines and norms.
CBDT sets up National Faceless Appeal Centre (NFAC), which shall have its headquarters at Delhi and shall comprise of the following Income-tax Authorities
