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AA Can consider Application filed by Liquidator or Successful Auction Purchaser

October 26, 2022 714 Views 0 comment Print

Adjudicating Authority is empowered to consider any application filed by the Liquidator or Successful Auction Purchaser, which may arise with regard to terms and conditions of auction sale or sale as going concern as per the Liquidation Regulation

Imposition of penalty on the basis of mathematical variation is unsustainable

October 26, 2022 675 Views 0 comment Print

Siba International Vs Commissioner of Customs (CESTAT Mumbai)  Facts of the case, in a nutshell, is that Appellant-Exporter Siba International was engaged in export of processed buffalo meat after procuring the same from M/s. Al-Azlan Frozen Foods, Moradabad (UP) an approved processing plant for export of boneless buffalo meat as a prescribed condition under Chapter […]

Advisory on Filing TRAN forms for Taxpayers from Daman and Diu & Ladakh

October 25, 2022 3798 Views 0 comment Print

Taxpayers of Daman and Diu & Ladakh are hereby informed that they can file or revise their TRAN-1 or TRAN-2 Forms only through their newly allotted GSTINs. Kindly do not use the old GSTIN for filing of TRAN forms.

ITAT condone delay as notice & penalty order was not served on assessee

October 25, 2022 1221 Views 0 comment Print

Dinesh Babu Saxena Vs ITO (ITAT Delhi) As against the penalty order dated 30/09/2016, the assessee has preferred the Appeal before the CIT(A) with a delay of more than 12 months. It is the specific case of the assessee before the CIT(A) that the assessee has not received any notice u/s 271(1)(c) or the order […]

Collector cannot blacklist manpower service provider without hearing him properly

October 25, 2022 888 Views 0 comment Print

Mind Mart Vs State Of Odisha & Anr. (Orissa High Court) he core issue involved herein involving the impugned order involving the Petitioner has been blacklisted from providing manpower in respect of the Jajpur District if suffers on account of natural justice and further if based on justified ground ? Keeping in view the contentions […]

HC allows rectification of Mistake of GSTIN in bills of entries

October 25, 2022 3495 Views 0 comment Print

Hindustan Unilever Limited Vs Union of India And Ors (Bombay High Court) Petitioner is impugning an order dated 29th October 2021 passed by respondent no.3 rejecting petitioner’s application for amendment of the 13 bills of entry that petitioner had filed when importing certain goods. It is petitioner’s case that in the bills of entry as […]

Commutation value for Government servant whose date of birth is first of a month and who retires on afternoon of last day of preceding month

October 25, 2022 2661 Views 0 comment Print

Clarification regarding commutation value for Government servant whose date of birth is the first of a month and who retires on the afternoon of the last day of the preceding month-reg

Format of communication to the previous Cost Auditor

October 25, 2022 2046 Views 0 comment Print

Council of Institute Of Cost Accountants Of India notifies Format of Communication to Previous Cost Auditor alongwith consequences of non-compliance

Section 14A not apply if no exempt income was received or receivable during relevant previous year

October 25, 2022 1650 Views 0 comment Print

PCIT  Vs Delhi International Airport Pvt. Ltd. (Delhi High Court)  present case is covered by the Division Bench judgment in Cheminvest Ltd. vs. CIT, [2015] 61 com 118 (Delhi), wherein this Court has held that the expression ‘does not form part of the total income’ in Section 14A of the Act means that there should […]

CIT(A) considered issue not forming part of appeal – ITAT remit matter back to CIT(A)

October 25, 2022 960 Views 0 comment Print

ITAT Pune remands to CIT(A) for discrepancy issue in Sanjay Dayal vs ITO. Assessee’s appeal partly allowed for statistical purposes.

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