Clipped from: https://www.taxscan.in/ready-to-eat-popcorn-attracts-18-gst-aar/166226/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=PopCorn Top Stories By Jwala K.P – On April 4, 2022 7:51 pm The Telangana State Authority for Advance Ruling ( AAR ) has held that ready-to-eat
Category: Legal
*****Cheque and honor – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-others/cheque-and-honor/article65288027.ece The reach of Section 138 of the Negotiable Instruments Act, which deals with dishonoring of cheques, was put to test in a case
*****All liabilities extinguished – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-others/all-liabilities-extinguished/article65288031.ece Dollar heap in thumbs down shape, dollar rate falling | Photo Credit: Makhbubakhon Ismatova It is an established principle of law that once
*Re-Assessment solely based on Information from Investigation Wing is Invalid without Independent Inquiry by AO: ITAT
Read More: https://www.taxscan.in/re-assessment-solely-based-on-information-from-investigation-wing-is-invalid-without-independent-inquiry-by-ao-itat/164250/ Clipped from: https://www.taxscan.in/re-assessment-solely-based-on-information-from-investigation-wing-is-invalid-without-independent-inquiry-by-ao-itat/164250/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Delhi%20bench%20of%20the%20ITAT Top Stories By Rasheela Basheer – On March 28, 2022 10:44 am The Delhi bench of the ITAT comprising Shri R. K. Panda, Accountant Member
*Raising Objection is a Valuable Legal Right of Assessee, Dept cannot deny it: ITAT–TAXSCAN
Read More: https://www.taxscan.in/raising-objection-is-a-valuable-legal-right-of-assessee-dept-cannot-deny-it-itat/164399/ Clipped from: https://www.taxscan.in/raising-objection-is-a-valuable-legal-right-of-assessee-dept-cannot-deny-it-itat/164399/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Objection Top Stories By Taxscan Team – On March 28, 2022 7:02 pm The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the
supreme court: ‘Very sorry state of affairs’: SC over delay in execution of arbitral awards – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/very-sorry-state-of-affairs-sc-over-delay-in-execution-of-arbitral-awards/articleshow/90608117.cms Synopsis The apex court said this case is a glaring example of frustrating the arbitration proceedings under the Arbitration Act. It noted that
property dispute: How to prevent sale of disputed property without your knowledge or signature – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/how-to-prevent-sale-of-disputed-property-without-your-knowledge-or-signature/articleshow/90425730.cms SynopsisA lot of foul play happens due to disputes related to property. It may happen that property is sold without your knowledge. This
online game ban: Karnataka moves SC challenging HC judgment, seeks restoration of ban on online games – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/karnataka-moves-sc-challenging-hc-judgment-seeks-restoration-of-ban-on-online-games/articleshow/90533791.cms Synopsis In its special leave petition (SLP) before the apex court, the Karnataka government has said that the state requires the law to
Ceat | Apollo | Continental : CCI raids on tyre companies Ceat, Apollo, Continental: Sources
Clipped from: https://economictimes.indiatimes.com/industry/auto/tyres/india-conducts-antitrust-raids-on-tyre-companies-ceat-apollo-continental-sources/articleshow/90537197.cms Synopsis The raids were being conducted by the Competition Commission of India (CCI) officers across multiple cities, the sources said. Apollo and Continental
What is ransomware? | Business Standard News
Clipped from: https://www.business-standard.com/podcast/technology/what-is-ransomware-122032900041_1.html People, organizations and the government are always on the guard against malware. And, of the lot, ransomware is among the most notorious. Watch
Partnership Firm not liable to Explain Source of Capital Introduced by Partners: ITAT
Clipped from: https://www.taxscan.in/partnership-firm-not-liable-to-explain-source-of-capital-introduced-by-partners-itat/164223/ Top Stories By Rasheela Basheer – On March 27, 2022 12:00 pm The Delhi bench of the ITAT, on Friday held that the partnership firm would
Assessing Officer doesn’t have Jurisdiction to Travel Beyond Issues found during Scrutiny Assessment: ITAT quashes Revisional Order [Read Order]–TAXSCAN
Read More: https://www.taxscan.in/assessing-officer-doesnt-have-jurisdiction-to-travel-beyond-issues-found-during-scrutiny-assessment-itat-quashes-revisional-order/162718/ Clipped from: https://www.taxscan.in/assessing-officer-doesnt-have-jurisdiction-to-travel-beyond-issues-found-during-scrutiny-assessment-itat-quashes-revisional-order/162718/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Scrutiny%20Assessment Top Stories By Rasheela Basheer – On March 22, 2022 2:07 pm The ITAT, Kolkata bench has recently held that the Commissioner, while invoking
Pr. Commissioner does not conduct Independent Inquiry before invoking Revisional Jurisdiction: ITAT quashes Order–TAXSCAN
Clipped from: https://www.taxscan.in/pr-commissioner-does-not-conduct-independent-inquiry-before-invoking-revisional-jurisdiction-itat-quashes-order/163893/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Pr.%20Commissioner Top Stories By Rasheela Basheer – On March 25, 2022 12:51 pm The Chandigarh bench of the ITAT, while quashing a revisional order under section 263
Re-Assessment is Invalid when Assessee disclosed All Material facts to complete Assessment: ITAT–TAXSCAN
Clipped from: https://www.taxscan.in/re-assessment-is-invalid-when-assessee-disclosed-all-material-facts-to-complete-assessment-itat/163927/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Re-Assessment Top Stories By Rasheela Basheer – On March 25, 2022 1:26 pm The Chennai bench of the ITAT has deleted a re-assessment passed under section 147
Failure to consider Objections of Assessee: Calcutta HC quashes Revision Order-TAXSCAN
Clipped from: https://www.taxscan.in/failure-to-consider-objections-of-assessee-calcutta-hc-quashes-revision-order/163529/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Calcutta%20HC Top Stories By Rasheela Basheer – On March 24, 2022 6:30 am While quashing an order for revision under section 263 of the Income Tax Act,
Penalty cannot be solely based on Addition without proving Concealment: ITAT–TAXSCAN
Clipped from: https://www.taxscan.in/penalty-cannot-be-solely-based-on-addition-without-proving-concealment-itat/162729/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Penalty Top Stories By Rasheela Basheer – On March 22, 2022 2:34 pm The Income Tax Appellate Tribunal, Jaipur bench has held that the penalty under section
Expenses towards Gifts purchased for Sales Promotion allowable as Income Tax Deduction Even If List of Recipients are not provided: ITAT–TAXSCAN
lipped from: https://www.taxscan.in/expenses-towards-gifts-purchased-for-sales-promotion-allowable-as-income-tax-deduction-even-if-list-of-recipients-are-not-provided-itat/163215/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=gift Top Stories By Rasheela Basheer – On March 23, 2022 7:20 am The Ahmedabad bench of the ITAT has held that the expenses towards gifts purchased
Service Tax Demand cannot be based on Statement recorded u/s 132 of Income Tax Act: CESTAT–TAXSCAN
Clipped from: https://www.taxscan.in/service-tax-demand-cannot-be-based-on-statement-recorded-u-s-132-of-income-tax-act-cestat/162293/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Service%20Tax%20Demand Top Stories By Rasheela Basheer – On March 21, 2022 6:03 am While quashing a service tax demand, the CESTAT, Ahmedabad bench has held that the
Income Tax Practitioner misled Assessee in making False Refund: ITAT deletes Penalty against Assessee [Read Order]–TAXSCAN
Read More: https://www.taxscan.in/income-tax-practitioner-misled-assessee-in-making-false-refund-itat-deletes-penalty-against-assessee/162053/ Clipped from: https://www.taxscan.in/income-tax-practitioner-misled-assessee-in-making-false-refund-itat-deletes-penalty-against-assessee/162053/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Income%20Tax%20Practitioner Top Stories By Rasheela Basheer – On March 18, 2022 6:16 pm The Income Tax Appellate Tribunal (ITAT) Chennai bench has deleted penalty under
Mere Digital Signing on Re-Assessment Notice won’t be Valid: Allahabad High Court–TAXSCAN
Clipped from: https://www.taxscan.in/mere-digital-signing-on-re-assessment-notice-wont-be-valid-allahabad-high-court/162133/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Digital%20Signing Top Stories By Rasheela Basheer – On March 18, 2022 8:10 pm A division bench of the Allahabad High Court has held that mere digitally signing