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Judiciary

Eligibility Criteria for Recruitment Cannot Be Changed Midway: SC

November 26, 2024 2031 Views 0 comment Print

Supreme Court held that eligibility criteria, notified at the commencement of the recruitment process, cannot be changed midway through the recruitment process unless the extant Rules so permit.

Allowing Premature Redemption of Sec 54EC Bonds Beyond Court Scope: HC

November 26, 2024 1446 Views 0 comment Print

The petitioner sold his residential property and based on an advise invested the sale proceed in the bonds issued by the Respondent – Power Finance Corporation in order to avail the benefit of capital gain tax exemption.

Advance Ruling on Lithium-Ion Cell Imports for Mobile Batteries

November 26, 2024 2832 Views 0 comment Print

Analysis of CAAR Mumbai’s ruling for Sunwoda Electronics on concessional customs duty for lithium-ion cells and parts used in manufacturing mobile battery packs.

Unexplained Investment & Loss Set-Off Case Remanded to AO for Lack of Details

November 26, 2024 579 Views 0 comment Print

The assessee has not filed any return of income. As per the information, the reasons were recorded and subsequently the case was reopened u/s. 147 of the Income Tax Act. In response to the notice u/s. 148 of the Act, the assessee did not file any reply.

Hindustan Shipyard GST AAR Rectification Order Summary

November 26, 2024 861 Views 0 comment Print

A summary of the GST AAR Andhra Pradesh rectification order for Hindustan Shipyard Limited regarding equipment classification and tax rates.

Non-delivery of plots and delay is not an anti-competitive behavior: CCI  

November 26, 2024 444 Views 0 comment Print

CCI closes the case on allegations against Greenbay Infrastructure for unfair practices and non-delivery of plots under the Competition Act.

Appeal dismissed due to none appearance by assessee: ITAT Delhi

November 26, 2024 651 Views 0 comment Print

The assessee filed three appeals against order of CIT(A) for A.Y. 2010-11, 2012-13 and 2013-14. It is important to note that inspite of putting up the case of hearing several times, no one appeared on behalf of the assessee.

Date of online appeal filing be considered as date of filing GST appeal for limitation

November 26, 2024 1308 Views 0 comment Print

Kasturi & Sons Pvt. Ltd. Vs Additional Commissioner of GST & Central Excise (Appeals-1) (Madras High Court) Summary: The Madras High Court, in Kasturi & Sons Pvt. Ltd. vs Additional Commissioner of GST & Central Excise (Appeals-1) [W.P. No. 18642 of 2024], clarified that the date of online filing of a GST appeal is to […]

State GST Dept. Cannot Act if Central GST Dept. Has Initiated Proceedings on Same Matter

November 26, 2024 1626 Views 0 comment Print

The Calcutta High Court ruled that the State GST Department cannot initiate proceedings when the Central GST Department has already initiated proceedings on the same matter.

Appeal dismissed as approving authority approved assessment order as per section 153D: ITAT Delhi

November 26, 2024 840 Views 0 comment Print

A search and seizure operation u/s 132 of the Income-tax Act, 1961 was conducted on 23.07.2015 and subsequent dates in different business and residential premises of Deepak Agarwal, Mukesh Kumar and others, group of cases based at Delhi.

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