Clipped from: https://www.taxscan.in/statement-made-during-investigation-before-central-excise-officer-not-reliable-unless-examined-as-witness-cestat-sets-aside-penalty-imposed/448073/ The Delhi Bench of Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) has held that statement made during investigation before a central excise
Category: Legal
Kerala HC Holds Rectification Order is Invalid If It Fails to Provide Reasons in exercise of Rectification Power
Clipped from: https://www.taxscan.in/rectification-order-is-invalid-if-it-fails-to-provide-reasons-in-exercise-of-rectification-power-kerala-hc-read-order/448932/ It was observed that the personal hearing notice does not indicate that any reason justifying the exercise of power of rectification was pointed
Cyber insurance is crucial for modern business but coverage has limits | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/cyber-insurance-is-crucial-for-modern-business-but-coverage-has-limits-124102000672_1.html It provides financial protection and access to critical resources, such as expert legal counsel and incident response teams In today’s digital age, where
👌👌👌Family Pension Rules Update: Here’s how pension between 2 wives of a deceased govt servant to be distributed! – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/family-pension-rules-update-heres-how-pension-between-2-wives-of-a-deceased-govt-servant-to-be-distributed-3644856/ If a deceased pensioner has more than one widow, the family pension will be shared equally between them. If one widow passes away
Facing pension delays? File a consumer complaint for quick resolution | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/facing-pension-delays-file-a-consumer-complaint-for-quick-resolution-124101300552_1.html National Commission observed the dispute was for pension benefit for which consideration in the form of contribution had been paid, so the complaint
Star Health receives $68,000 ransom demand from cyberhacker after data leak | Company News – Business Standard
lipped from: https://www.business-standard.com/companies/news/star-health-receives-68-000-ransom-demand-from-cyberhacker-after-data-leak-124101200427_1.html The company, whose shares have declined 11 per cent, has launched internal investigations and has taken legal action against Telegram and the hacker
👌👌👌A provision fraught with practical problems – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/a-provision-fraught-with-practical-problems/article68675007.ece Section 107 of the BNSS gives unbridled powers to the court to not only attach any property (on the request of the police
GST demand orders cannot be passed without issuance of SCN: Jharkhand HC
Clipped from: https://taxguru.in/goods-and-service-tax/gst-demand-orders-passed-issuance-scn-jharkhand-hc.html Prity Dokania sole proprietor of M/s Samridhi Enterprises Vs State of Jharkhand (Jharkhand High Court) In the case of Prity Dokania Vs State of
👌👌👌Bombay HC strikes down changes to IT rules allowing Fact Check Unit – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/bombay-hc-strikes-down-changes-to-it-rules-allowing-fact-check-unit/article68664759.ece Comedian Kunal Kamra petitioned to the Bombay Court against the FCU stating that the new rules announced by the Centre could potentially lead
Order passed against dead person liable to be set aside: Madras HC
Clipped from: https://taxguru.in/income-tax/order-passed-dead-person-liable-set-aside-madras-hc.html S. R. Steels Vs Deputy State Tax Officer (Madras High Court) Madras High Court held that order passed against the dead person, who
👌👌👌👌👌Income Tax tribunal paves way for double deduction claims – The Hindu BusinessLine
https://www.thehindubusinessline.com/business-laws/income-tax-tribunal-paves-way-for-double-deduction-claims/article68557951.ece Clipped from: https://www.thehindubusinessline.com/business-laws/income-tax-tribunal-paves-way-for-double-deduction-claims/article68557951.ece Income Tax Appellate Tribunal allows simultaneous deduction claims under Section 54 and 54F in Ramdas Sitaram Patil vs ACIT case In Ramdas Sitaram
👌👌👌Deduction u/s. 80P inadmissible as return filed after due date prescribed u/s. 139(1): ITAT Ahmedabad
https://taxguru.in/income-tax/deduction-u-s-80p-inadmissible-return-filed-due-date-prescribed-u-s-139-1-itat-ahmedabad.html Clipped from: https://taxguru.in/income-tax/deduction-u-s-80p-inadmissible-return-filed-due-date-prescribed-u-s-139-1-itat-ahmedabad.html Dared Seva Sahkari Mandali Ltd Vs Assessment Unit (ITAT Ahmedabad) ITAT Ahmedabad held that claim of deduction u/s 80P is admissible only
👌Madras HC: GST dept has to Verify Correctness of Returns and Particulars before Initiating Action u/s 73
Clipped from: https://www.taxscan.in/gst-dept-has-to-verify-correctness-of-returns-and-particulars-before-initiating-action-u-s-73-madras-hc-read-order/438238/ The Madras High Court has ruled that the Goods and Services Tax ( GST ) Department should thoroughly verify the correctness of tax
Who is a ‘workman’? – The Hindu BusinessLine
https://www.thehindubusinessline.com/business-laws/who-is-a-workman/article68456824.ece Clipped from: https://www.thehindubusinessline.com/business-laws/who-is-a-workman/article68456824.ece Supreme Court rules that mere absence of managerial powers is insufficient to confer ‘workman’ status In the case of Bharti Airtel vs
👌👌👌👌👌Corporate guarantee: A ‘yearly’ quandary – The Hindu BusinessLine
https://www.thehindubusinessline.com/business-laws/corporate-guarantee-a-yearly-quandary/article68456741.ece Clipped from: https://www.thehindubusinessline.com/business-laws/corporate-guarantee-a-yearly-quandary/article68456741.ece Amendment threatens to dent the working capital of businesses offering corporate guarantees to related parties The 53rd Goods and Services Tax (GST)
Create, register partition deed for legally binding property division | Personal Finance – Business Standard
https://www.business-standard.com/finance/personal-finance/create-register-partition-deed-for-legally-binding-property-division-124091800888_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/create-register-partition-deed-for-legally-binding-property-division-124091800888_1.html To make the division legally binding, the partition deed must be registered with the relevant authority Photo: Shutterstock The Supreme Court ruled
👌👌👌Some caveats to job creation claims – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/some-caveats-to-job-creation-claims/article68626940.ece Clipped from: https://www.thehindubusinessline.com/opinion/some-caveats-to-job-creation-claims/article68626940.ece Most of the jobs have been created in agriculture and ‘self-employment’ in the informal sector In recent times, the Centre has claimed
Nearly 62,000 cases pending in High Courts over 30 years old, shows data | India News – Business Standard
https://www.business-standard.com/india-news/nearly-62-000-cases-pending-in-high-courts-over-30-years-old-shows-data-124090700328_1.html lipped from: https://www.business-standard.com/india-news/nearly-62-000-cases-pending-in-high-courts-over-30-years-old-shows-data-124090700328_1.html According to the National Judicial Data Grid (NJDG), nearly 2.45 lakh cases are pending in high courts which are 20 to 30