Indian Navy inks MoU with Geological Survey of India for sharing off-shore data on seabed sediments & Oceanographye-NAM - Govt holds workshop to bolster agri logistics (See 'TOG News')Boeing extends 737 Max aircraft return to JulyInnovative technology holds key to bridging economic gap: MoS (See 'TOG News')Consumers prefer plastic bottles; will try to recycle more, says Coca ColaDTAA - Interest income earned by Foreign bank which is beneficial owner as per respective Treaty provision, is not taxable in India: ITAT (See 'TOG Latest')I-T - When there is no inordinate delay on part of the Revenue in issuing refund order, payment of interest u/s 244A is not warranted: ITAT (See 'TOG Latest')Customs - Forged scrip - Duty liability cannot be fastened on the appellant being a bona fide purchaser of such DEPB scrips: CESTAT (See 'TOG Latest')Central Excise - Two SCNs issued on the basis of the same EA-2000 report but contrary to each other - Orders set aside & matter remanded: CESTAT (See 'TOG Latest')Technology should be low-cost & inclusive: Prasad (See 'TOG News')Atal Innovation Mission & UNDP host Youth Co:Lab Innovation Challenge (See 'TOG News')TP - Transfer pricing adjustment which does not hold test of legal sanctity as per provisions of Section 144C(10), is invalid: ITAT (See 'TOG Latest')I-T - Section 46A is charging provision for gains arising from buy-back of shares & would prevail over general provision u/s 45 for taxing capital gains arising on transfer of capital asset: ITAT (See 'TOG Latest')Customs - When penalty is imposed on partnership firm, separate penalty cannot be imposed on its partner: CESTAT (See 'TOG Latest')Central Excise - Fraudulent availment of credit without receipt of inputs - There is an entry at Information Collection Centre of the State VAT showing that goods passed through it to reach assessee's factory - Credit cannot be denied: CESTAT (See 'TOG Latest')SVLDRS, 2019 needs to be extended further (See 'THE INSIGHT')
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Case Law

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