Agricultural Land Cultivated Only For A Few Days: ITAT Allows Exemption

The Pune Bench of the Income Tax Appellate Tribunal (ITAT) has allowed the income tax exemption under Section 54B even when the land was cultivated only for a few days during the relevant years.The two-member bench of S.S. Vishwanethra Ravi (Judicial Member) and Inturi Rama Rao (Accountant Member) has observed that part of the land could not be used for agricultural purposes but grass was...

Service Tax Exemption Available On Rendering Transmission Of Electricity: CESTAT

The Chattisgarh Customs, Excise and Service Tax Appellate Tribunal (CESTAT), consisting of Justice Dilip Gupta (President) and P. Anjani Kumar (Technical Member), has held that the service tax exemption is available on the transmission of electricity.The appellant/assessee is in the business of manufacturing power transmission towers and parts and accessories. The appellant was also engaged...

'Navratri A Festival Dear To People': Bombay High Court Junks PIL Challenging Falguni Pathak's Program At Sports Ground

The Bombay High Court on Friday dismissed a journalist's PIL against the commercial exploitation of a recreational ground in Kandivali for holding singer Falguni Pathak's annual Navratri program between September 26 to October 5. "We can take judicial notice of fact that similar such events are organised during Navratri but the petitioner seems to have targeted only the present event … of...

AO Not Justified In Disallowing The Claim Of Interest Expense : ITAT

The Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) has held that the AO is not justified in disallowing the claim of interest expense and treating it for capitalization in the project cost.The two-member bench of Rajpal Yadav (Vice President) and Girish Aggarwal (Accountant Member) has directed the AO to allow the claim of interest expenses of Rs.41,06,890.The appellant/assessee is...

Breaking: Satyendar Jain Moves Delhi High Court Against Transfer Of PMLA Proceedings To New Judge

Aam Aadmi Party leader Satyendar Jain has moved the Delhi High Court challenging the transfer of proceedings against him in a money laundering proceedings being probed by the Enforcement Directorate from a Special Court to another judge, earlier today.A division bench comprising of Chief Justice Satish Chandra Sharma and Justice Subramonium Prasad allowed urgent mentioning of the matter by...

High Court Issues Notice To Karnataka Govt On Plea To Limit Weight Of School Bags

The Karnataka High Court on Friday issued notice to the state government on a PIL seeking measures to minimise the weight of school bags carried by students of primary education. A division bench of Acting Chief Justice Alok Aradhe and Justice S Vishwajith Shetty issued notice on a petition filed by Advocate Ramesh Naik. L. The plea has been filed with a concern about children's...

Objectionable Retweet: Madras HC Orders Action Against IO For Six Days Delay In Producing BJP Functionary's Seized Mobile Before Magistrate

While dealing with a petition by BJP functionary Sowdha Mani seeking return of her phone which was seized in connection with an investigation following objectionable retweets, the Madras High Court observed that delay in production of material objects before the Jurisdictional Magistrate would vitiate the entire prosecution.In the present case, the material (phone) was produced before...

Ola Not Liable To Deduct Withholding TDS On Payments To Drivers: ITAT

The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) has held that Ola is not liable to deduct withholding TDS on the payments to drivers.The two-member bench of Sudhanshu Shrivastava (Judicial Member) and Vikram Singh Yadav (Accountant Member) has observed that the AO and the CIT(A) erred in concluding that the assessee was providing transportation services which were...

High Court Directs Delhi Govt To Install Advanced Cardiac Life Support Facility At Court Premises

The Delhi High Court has directed the Delhi Government to ensure that an Advanced Cardiac Life Support (ACLS) facility is installed in its premises before December 6. A division bench comprising of Justice Manmohan and Justice Manpreet Pritam Singh also directed the Delhi Government to explore the possibility of either stationing ACLS ambulances in every District Court or allowing setting up...

"If Husband/Accused Is Convicted Then Victim/Wife's Future Would Be Ruined" : Allahabad High Court Quashes POCSO Case

The Allahabad High Court recently quashed an FIR and criminal proceedings in a POCSO case registered against a man as it noted that the accused man and victim-wife (who was a minor at the time of the incident) married the applicant/accused out of her own sweet will and is living a happy married life with him."To punish the offenders for a crime, involved in the present case, is in the interest...

Kingfisher Radler Attracts 28% GST and 12% Cess: AAR

The Karnataka Authority of Advance Ruling (AAR) has ruled that the Kingfisher Radler attracts 28% GST and 12% Cess.The two-member bench of M.P. Ravi Prasad and T. Kiran Reddy has observed that the product "Kingfisher Radler" has different variants and all the variants merit classification as carbonated beverages of fruit drinks, all covered under tariff heading 2202 99 90.The applicant is...

Export Of Software Embedded Into Hardware; Sale Proceeds From Export Of Hardware Eligible For Deduction : Karnataka High Court

The Karnataka High Court has ruled that where a software embedded into a hardware is exported by the assessee, the proceeds from export of the hardware component is eligible for deduction under Section 10A of the Income Tax Act, 1961, despite the fact that the hardware was separately invoiced and was not manufactured by the assessee, if the software cannot be used independently. Taking...