Follow Us:

Revenue should ensure that it is properly represented by appointing meritorious Advocates: HC

September 15, 2019 1905 Views 0 comment Print

CIT­ Vs M/s. TCL India Holdings Pvt. Ltd. (Bombay High Court) Hon’ble High Court Observed that The issues which arise before this Court have at times huge tax implications and as the decision rendered in one case would have a bearing on all similar matters across the State, the importance of proper appointment is paramount. […]

Anti-dumping duty on imports of Electrical Insulators from China

September 14, 2019 4308 Views 0 comment Print

Notification No. 37/2019-Customs (ADD)- Seeks to impose the definitive anti-dumping duty on the imports of Electrical Insulators originating in, or/and exported from China PR GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) NOTIFICATION No. 37/2019-Customs (ADD) New Delhi, the 14th September, 2019 G.S.R.657(E). – Whereas, the designated authority, vide notification No. 7/44/2018- DGTR, dated the […]

CBI arrests CGST Superintendent for accepting bribe of Rs. 3 Lakh

September 13, 2019 3012 Views 0 comment Print

Central Bureau of Investigation has arrested a Superintendent, working in the office of Central Goods and Services Tax, Meerut (Uttar Pradesh) for demanding and accepting a bribe of Rs. three lakh from the complainant.

Reimbursement of SGST applicable on tickets of Mission Mangal movie

September 13, 2019 1863 Views 0 comment Print

You are aware that Mission Mangal movie which is based on the Mangalyan mission of Indian Space Research Organisation (ISRO) is released throughout India. Our scientists, mainly women scientists, have given their valuable contribution to the success of this mission.

Revised Norms for Execution of Bank Guarantee under Advance Authorisation, DFIA and EPCG Schemes

September 13, 2019 6906 Views 0 comment Print

Clarification as to what should be the basis for waiver of Bank Guarantee to be executed with Customs in the Goods and Services Tax (GST) regime under AA, DFIA and EPCG schemes in respect of manufacturer exporters/service providers.

GST not payable on damages/compensation paid for a legal injury

September 13, 2019 20670 Views 0 comment Print

Bai Mamubai Trust Vs Suchitra (Bombay High Court) In the present case, where the Plaintiff has made out a strong prima facie case and the Defendant has not been able to demonstrate any semblance of right to occupy the Suit Premises, it cannot be said that the Defendant’s occupation pursuant to an Order of the […]

Diamond, base metals & alloys in liquid assets list by SEBI

September 13, 2019 474 Views 0 comment Print

Currently the list of commodities/commodity groups permitted as Liquid Assets consists of Bullion, Steel and Agricultural commodities. Considering the introduction of compulsory delivery based Diamond and Base metal derivatives contracts and feedback received from the stakeholders, it has been decided to include Diamond, Base metals and Alloys in the list of permissible liquid assets, subject […]

Penalty u/s 271(1)(c) cannot be levied if more than one legal view is possible

September 13, 2019 4824 Views 0 comment Print

M/s. Nortel Networks India Pvt. Ltd. Vs DCIT (ITAT Delhi) In the instant case, the assessee has offered Explanation as why the transaction of loss of security was claimed as business loss. This Explanation has not found to be false by the Assessing Officer. Further, the assessee substantiated the Explanation by way of filing relevant […]

No GST Leviable on Services Provided by Court Receiver

September 13, 2019 10584 Views 1 comment Print

Bai Mumbai Trust Vs Suchitra (Bombay High Court) Issue raised whether GST is applicable on services or assistance rendered by the Court receiver appointed by the Court under order XL of CPC. Court observed that schedule III provides that services provided by any court or tribunal established under any law is neither a supply of […]

In case of Limited scrutiny AO cannot make additions or disallowances on other issues

September 12, 2019 2376 Views 0 comment Print

Shri Vijay Kumar Vs ITO (ITAT Chandigarh) The main contention of the Ld. Counsel for the assessee is that the Assessing Officer while making the impugned additions has exceeded his jurisdiction. That the case of the assessee was selected for limited scrutiny issue i.e. regarding security transaction. The Assessing Officer could not find any reason […]

Search Post by Date
April 2026
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
27282930