Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/lassi-jaisi-koi-nahi-flavoured-milk-is-not-milk-but-flavoured-lassi-is-lassi-says-aar-rulings/articleshow/85918328.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Under the Goods and Services Tax (GST) framework, both milk and lassi are exempt from any tax.But, while flavoured lassi continues to remain
Category: Legal
Flipkart founder Sachin Bansal moves Madras HC challenging ED’s ₹10,600-cr FEMA violation notice – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/flipkart-founder-sachin-bansal-moves-madras-hc-challenging-eds-10600-cr-fema-violation-notice/article36272591.ece?homepage=true Notice violates the petitioner’s fundamental rights guaranteed under the Constitution, says petition Flipkart founder Sachin Bansal on Friday moved the Madras High Court
Will not haul up RBI for declaring loans as NPAs, says Apex Court – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/will-not-haul-up-rbi-for-declaring-loans-as-npas-says-apex-court/article36279830.ece?homepage=true We are not inclined to exercise our contempt jurisdiction since it is not in the interest of justice: SC Bench “Economy is booming
VPN installations skyrocket over seven times since Dec – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/vpn-installations-skyrocket-over-seven-times-since-dec/article36296392.ece?homepage=true India ranks fourth in Global VPN Adoption Index with remote working on the rise Virtual Private Network (VPN) adoption jumped manifold in India
Explained: How Supreme Court judges are appointed | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/explained-how-supreme-court-judges-are-appointed-7487796/ A record 9 judges have taken oath at one go, taking the SC strength to 33, of whom 4 are women. How has
CJI calls it right: Print’s credibility in contrast to social media’s dangers
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/cji-calls-it-right-prints-credibility-in-contrast-to-social-medias-dangers/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
Madras High Court sets aside order questioning effectiveness of E-Proceeding facility
Clipped from: https://taxguru.in/income-tax/madras-high-court-sets-order-questioning-effectiveness-e-proceeding-facility.html DCIT Vs Salem Sree Ramavilas Chit Company Private Limited (Madras High Court) The Deputy Commissioner of Income Tax (Appellant) has filed the current appeal against Order
Bail denied to Petitioner for receiving bogus tax refunds–taxguru.in
Clipped from: https://taxguru.in/goods-and-service-tax/bail-denied-petitioner-receiving-bogus-tax-refunds.html In Rakesh Arora v. State of Punjab [CRM-M- 1511 OF 2021 dated January 28, 2021], the current bail application has been filed by Rakesh
SC asks Amrapali home buyers to clear their dues, warns failure may result in cancellation of flats – The Economic Times
clipped from: https://economictimes.indiatimes.com/news/india/sc-asks-amrapali-home-buyers-to-clear-their-dues-warns-failure-may-result-in-cancellation-of-flats/articleshow/85906066.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis A special bench of Justice U U Lalit and Ajay Rastogi observed that the home buyers are under the impression that the court
NCLAT issues notice over PNB’s plea against Jet Airways resolution plan – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/nclat-issues-notice-over-pnbs-plea-against-jet-airways-resolution-plan/articleshow/85901145.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis PNB has challenged the approval of the Resolution Plan by Kalrock-Jalan Consortium on June 22, 2021, by the Mumbai bench of the NCLT.
CBDT notifies rules to calculate taxable interest in provident fund accounts | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/cbdt-income-tax-rule-provident-fund-7484731/ According to the Income-tax (25th Amendment) Rules, 2021, for the purpose of calculation of taxable interest, separate accounts within the provident fund account
Denial of ITC in case of normal manufacturing loss under GST
Clipped from: https://taxguru.in/goods-and-service-tax/denial-itc-case-normal-manufacturing-loss-gst.html Hello friends greetings for the, in the current article we will discuss blocking of input tax credit (ITC) under section 17 in case of input
Country is going to get bad name: SC concerned over fake & communal news (Ld) | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/country-is-going-to-get-bad-name-sc-concerned-over-fake-communal-news-ld-121090200641_1.html The top court emphasized if this were to continue unchecked then it may get a bad name for the country The Supreme Court on Thursday
Speaking truth to power | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/first-edit/speaking-truth-to-power-1025623.html Truth is the weapon to counteract power and obviate the predisposition to tyranny Justice D Y Chandrachud arrives to attend Chief Justice of
Madras HC puts order on bumper-to-bumper cover for new vehicles on hold | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/madras-hc-puts-order-on-bumper-to-bumper-cover-for-new-vehicles-on-hold-121090101399_1.html The Madras High Court on Wednesday has put its order mandating bumper-to-bumper cover for new vehicles sold from September 1 in abeyance for
What the IBC needs to become better – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/what-the-ibc-needs-to-become-better/2321401/ More accountability across the chain would further strengthen the most effective insolvency law India has had so far It wants liquidators to be
Enforcing contracts key to ‘ease of business’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/enforcing-contracts-is-key-to-ease-of-business/article36231997.ece?homepage=true Progress on this front will go a long way in attracting foreign investments in the evolving geopolitical situation One of Prime Minister Narendra
Name, shape not to distinguish GST exemption on papad, says CBIC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/name-shape-not-to-distinguish-gst-exemption-on-papad-says-cbic/article36223467.ece?homepage=true Whether ‘unfried fryums’ will be taxed at 18 per cent is yet to be clarified The Central Board of Indirect Taxes and Customs
Supreme Court orders demolition of Supertech twin 40-storey towers | Business Standard News
Clipped from: https://www.business-standard.com/article/pti-stories/sc-orders-demolition-of-twin-40-storeys-towers-of-supertech-on-home-buyers-plea-121083101198_1.html Nine years after taking up the cudgels against Supertech Ltd, home buyers finally got relief from the Supreme Court on Tuesday as it
Proposed e-commerce rules could dampen super app plans of many Indian players – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/proposed-e-commerce-rules-could-dampen-super-app-plans-of-many-indian-players/article36204502.ece?homepage=true New guidelines do not allow related parties or associated enterprises to sell in the same marketplace The proposed Consumer Protection (e-commerce) Rules, 2020
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