Tax Guru50m
Rejection of application for registration u/s. 10(23C) for acts not yet undertaken is not justifiable
ITAT Nagpur held that rejecting application for registration u/s. 10 (23C) of the Income Tax Act for the acts which have not ...
Tax Guru14m
Delhi HC Criticizes DGFT for Canceling DEPB License 15 Years After SCN
Saha Traders Vs Zonal Joint Director General of Foreign Trade(CLA) (Delhi High Court) Delhi High Court ruled against the Directorate General of Foreign Trade (DGFT) for canceling ...
Tax Guru14m
Empty Atomizers Seized; Delhi HC Examines E-Cigarette Act Applicability
Counsel for the petitioner, Vikas Pahwa, argued before Justice that since the final product (atomizers filled with the herbal substance) is licensed as a Class A medical device, the imported empty ...
Tax Guru18m
Scam in Noida Sports City Scheme referred to CBI for investigation
Allahabad High Court referred the investigation in matter of Noida Sports City Scheme 2010-2011 to CBI to unearth scam since dirty nexus of the builders and the officials of the Noida Authority was ...
Tax Guru53m
Sec. 115BBE special rates not applied to income surrendered during survey
ITAT Pune held that additional income surrendered during the course of survey is taxable at normal rates and not at special rates as per section 115BBE of the Income Tax Act. Accordingly, appeal of ...
Tax Guru1h
ITAT Indore Deletes Addition for Property Investment, Accepts Loan from Brother & Wife’s Payment as Sources
The Indore Bench of the Income Tax Appellate Tribunal (ITAT) has allowed an appeal filed by Shoukat Mohd. Khan against an order of the Commissioner of Income-Tax (Appeals)-3, Bhopal [“CIT (A)”]. The ...
Tax Guru1h
Delhi HC direct Customs to Release Engraved Gold Kada of Indian Tourist
2. The present petition has been filed by the Petitioner- Mr. Sai Kiran Goud Tirupathi under Article 226 of the Constitution of India inter alia seeking setting aside of the seizure of the gold Kada ...
Tax Guru1h
Mining Without EC Not Automatically Illegal; IT Dept May Invoke Sec 37(1) If Declared Illegal – Orissa HC
Orissa High Court has dismissed an appeal filed by the Principal Commissioner of Income Tax (Central) against Tarini Minerals Pvt. Ltd., pertaining to assessment years 2008-2009 to 2010-2011. The ...
Tax Guru1h
Orissa HC reduces GST Appeal Pre-deposit to 10% for GSTAT Constitution Delay
The petitioner further informed the court that subsequent notifications from both the Central and State revenue authorities had modified the deposit requirement for the stay, reducing it to 10% of the ...
Tax Guru1h
ITAT Hyderabad Directs CIT(A) to Reconsider ₹3.56 Cr Undisclosed Transactions
The learned Departmental Representative (DR) argued for the dismissal of the assessee’s appeal, citing the assessee’s consistent failure to appear or submit any written submissions before both the ...
Tax Guru1h
Declared Import Value Cannot Be Rejected Arbitrarily: CESTAT Chennai
Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has ruled in favor of Sri Aisvaresvaraya Imports, setting aside an order by the Commissioner of Customs that had ...
Tax Guru1h
Calcutta HC Stays Customs Show-Cause Notice Against Hinduja Global Solutions
Hinduja Global Solutions Limited & Anr. Vs Union of India & Ors. (Calcutta High Court) Calcutta High Court has granted an interim stay on a show-cause notice issued by the Princip ...