News Updates
Why CBI Court Acquitted Sooraj Pancholi And Held Jiah Khan's Mother Responsible For Demolishing Prosecution's Case
Sooraj Pancholi cannot be held responsible for Jiah Khan's inability to overcome her own sentiments, a Special CBI Court in Mumbai said today while acquitting the actor in an abetment of suicide case in connection with Khan's death."No doubt, it is an unfortunate incidence that young girl has committed suicide. The available evidence on record reflects that the deceased was a victim for...
Liquor Policy: Delhi Court Denies Bail To Manish Sisodia In Money Laundering Case
A Delhi Court on Friday denied bail to Aam Aadmi Party (AAP) leader and former Deputy Chief Minister Manish Sisodia in a money laundering case connected to implementation of the national capital's excise policy of 2021-22.Special judge MK Nagpal of Rouse Avenue Courts pronounced the order. Senior Advocate Dayan Krishnan represented Sisodia whereas Zoheb Hossain represented...
Order Prescribing Conditions Of Provisional Release Is Too Harsh: CESTAT Directs Release Seized Goods
The Mumbai Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has held that the order prescribing conditions of provisional release was too harsh and the assessee has already paid duty amounting to Rs. 1,18,94,536.The bench of Dr. Suvendu Kumar Pati (Judicial Member) and Sanjiv Srivastava (Technical Member) modified the conditions in the order of provisional...
Entitlement Of ITC After Cancellation Of GST Registration Can Be Considered During Revocation: Rajasthan High Court
The Rajasthan High Court has held that the assessee is entitled to lodge an ITC claim when the department considers the issue of revocation of GST registration cancellation.The bench of Justice Vijay Bishnoi and Justice Praveer Bhatnagar has directed the firm to file an application for restoration of its GST registration before the competent authority, which shall consider and decide...
Material Triggering Reassessment Must Be Furnished To The Assessee: Bombay High Court
The Bombay High Court has held that providing information to the assessee without furnishing the material based upon which the information is provided would render an assessee handicapped in submitting an effective reply to the show cause notice.The bench of Justice Dhiraj Singh Thakur and Justice Valmiki Sa Menezes has observed that the reassessment proceedings initiated are unsustainable on...
Tax Deposited During Search Can't Be Retained By Department Till Adjudication Of Notice: Punjab and Haryana High Court
The Punjab and Haryana High Court has held that deposits of tax during searches cannot be retained by the department until the adjudication of the notice.The bench of Justice Ritu Bahri and Justice Kuldeep Tiwari has directed the department to return the amount of Rs. 2.54 crores to the petitioner along with simple interest at the rate of 6% per annum from the date of deposit until the payment...
Breaking | Jiah Khan Death: Mumbai CBI Court Acquits Actor Sooraj Pancholi In Abetment Of Suicide Case
Nearly a decade after actor Jiah Khan (26) was found dead in her Juhu apartment, a Special CBI Court in Mumbai acquitted her then beau Sooraj Pancholi, charged with. Special Judge AS Sayyad pronounced the judgement, citing "paucity of evidence" in the case. Sooraj is the son of actors Zarina Wahab and Aditya Pancholi. He was arrested on June 10, 2013, seven days after Jiah’s...
Bar Council Of Delhi’s Special Committee Finalizes Advocates Protection Bill
A special committee of Bar Council of Delhi has finalized the Delhi Advocates (Protection) Bill, 2023 for providing safety and security to lawyers from incidents of assaults, killings, intimidation and threats. The resolution passed today by the coordination committee of All District Courts Bar Association of Delhi states that the special committee was headed by BCD member K.C. Mittal;...
Altruistic Surrogacy Should Mean Surrogacy By Outsider, 'Genetically Related' Clause In 2021 Act Defeats Logic: Karnataka High Court
The provision of Surrogacy (Regulation) Act 2021 which mandates that a surrogate mother should be "genetically related" to the intending couple defeats both altruism and logic, the Karnataka High Court has observed."The words “genetically related” appearing in Section 2(1)(zg) can only mean that the child to be born through surrogacy should be genetically related to the intending...
Functionality For Bank Account Validation Is Now Integrated With The GST System: GSTN
The Goods and Service Tax Network (GSTN) has issued an advisory on bank account validation.The functionality for bank account validation is now integrated with the GST system.The feature is introduced to ensure that the bank accounts provided by the taxpayer are correct.The bank account validation status can be seen under the Dashboard→My Profile→Bank Account Status tab in the FO...
Employee Remuneration, Legal Expenses, Board Meeting Expenses etc. , Can’t Be Attributable To Interest From FDs: ITAT
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT), while refusing to allow the income tax deduction, has held that employee remuneration, salary, legal expenses, board meeting expenses, and director sitting fees cannot be attributable to the interest earned from the fixed deposits.The bench of C. M. Garg (Judicial Member) and Dr. B. R. R. Kumar (Accountant Member) has observed that...
Service Tax Not Leviable On Incentives For Achieving Sales Target: CESTAT
The Delhi Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has held that the service tax is not leviable on incentives for achieving sales targets.The two-member bench of Justice Dilip Gupta (President) and Hemambika R. Priya (Technical Member) has relied on the decision of the CESTAT in the case of M/s DD Motors vs. Commissioner of Central Excise, Uttar Pradesh,...












