SC sets framework distinguishing copyright from design protection for industrial drawings, impacting IP law. Clarifies Section 15(2) application.
ITAT Mumbai rules Section 56(2)(viia) does not apply to shares held as stock-in-trade, aligning with legislative intent for anti-abuse measures.
SC mandates reporting of cash transactions over ₹2L under Section 269ST, directing courts, IT authorities, and registrars to ensure compliance and curb violations.
Supreme Court rules overruling judgments under NDPS Act are retrospective. Clarifies scope of Section 8, Schedule I & impact on past cases.
Supreme Court judgment: Income Tax Commissioners cannot routinely remand cases if Assessing Officer finds no additions after inquiry. Section 263 explained.
CAAR Mumbai rules Interactive Flat Panels fall under Customs Tariff Item 8528 59 00, citing 2025 budget changes and CBIC circular.
CAAR Mumbai rules 5% IGST on imported marine engines, spares, and gearboxes exclusively for use in fishing vessels, citing GST circular and precedent.
CCI investigates Google’s alleged anti-competitive agreements (TADA, ACC) with smart TV OEMs in India. Settlement reached, but concerns remain.
Madras High Court rules uploading GST notices to the common portal is sufficient but often ineffective service. Court urges tax officers to use alternate methods.
Allahabad High Court quashes GST order against Laskin Engineering for denying personal hearing, violating natural justice and Section 75(4).
