Maini Precision Products Ltd Vs Commissioner of Central Tax (CESTAT Bangalore) In the present case, the learned Commissioner has confirmed the demand of CENVAT credit on the grounds that the appellant has failed to distribute the credit to its various units regarding common input service. The defence of the appellant that after the implementation of […]
Notification No. 88/2021-Income Tax | Dated 04.08.2021 – High Court of Meghalaya, hereby designates the court of the senior most Judicial Magistrate First Class of East Khasi Hills District, Shillong as the Special Court for the State of Meghalaya for the purposes of sub- section (1) of section 280A of the Income-tax Act, 1961 and […]
CGST authorities bust input tax credit fraud of more than Rs 31,000 crore involving more than 7,200 cases in FY 2020-21 The Goods and Services Tax authorities have unearthed over Rs 31,000 crore of tax fraud committed by misuse of input tax credit (ITC) provision under the Goods and Services Tax (GST) regime during the […]
Anti-Circumvention investigation concerning circumvention of anti-dumping duty imposed on imports of Ceramic Tableware and Kitchenware, excluding knives and toilet items” originating in or exported from China PR, by imports of Ceramic Tableware and Kitchenware, excluding Knives and Toilet Items from Malaysia.
The Tribunals Reforms Bill, 2021 is introduced in Lok Sabha on 02/08/2021. The Tribunals Reforms Bill, 2021 inter alia provides for— (i) uniform terms and conditions of service for Chairperson and Members of various tribunals, including the following, namely:— (a) Search-cum-Selection Committee for tribunals other than State Administrative Tribunals to be headed by the Chief […]
Canara Bank Vs DCIT (ITAT Delhi) The fact of this case clearly shows that original order passed u/s 201(1) and 201(1A) of the Act on 24.03.2014 where the Assessee was found to be an assessee in default and also charged interest thereon comprising all the above sum. The appeal before the ld CIT(A) was filed […]
Sitaram Pahariya (HUF) Vs I.T.O (ITAT Agra) The bare reading of section 54B,( prior to amendment ) make it abundantly clear that the benefit of section 54 are available to assessee or a parents of his. However, the assessee has been defined in section 2(7) means every person in respect of whom any proceeding under […]
Ashok Kumar B. Chowatia Vs JCIT (TDS) (Madras High Court) To the extent tax was deducted by the second respondent and not remitted by the second respondent to the Income Tax Department, recovery can be only directed against the second respondent as the second respondent is the assessee in default. The petitioner cannot be made […]
National Enterprises Vs Union of India (Patna High Court) Having heard learned counsel for the parties as also perused the record made available, we are of the considered view that this Court, notwithstanding the statutory remedy, is not precluded from interfering where, ex facie, we form an opinion that the order is bad in law. […]
Spending of CSR funds for COVID-19 vaccination for persons other than the employees and their families, Is an eligible CSR activity under item no. (i) of Schedule VII of the Companies Act, 2013 relating to promotion of health care including preventive health care and item no. (xii) relating to disaster management. General Circular No. 13/2021 […]
