Judgement

High Court ruled that Section 8B of the Agricultural Income Tax Act applies to income from the 2008-09 financial year.

HC Upholds Validity of Section 8B for Assessment Year 2009-10

Orders

ROC Chennai waives penalty for delayed annual return filing due to pre-notice compliance.

ROC Chennai Waives Penalty for Delay in Filing Annual Return

ITAT Mumbai remands Shilpa Shetty’s Rs. 12.54 crore gift case to the Assessing Officer for fresh examination, citing lack of proof of genuineness and creditworthiness under Section 68

ITAT Remands Rs. 12.54 Cr Gift Case of Shilpa Shetty to AO for Fresh Examination

Notifications

The Finance Ministry amended FERA and FEMA enforcement rules to revise monetary limits.

ED amends Monetary Limits of Designated Officers for adjudicating cases

CESTAT ruled that a consignment note is a mandatory prerequisite for levying service tax under the Goods Transport Agency (GTA) category.

Activity cannot be taxed as GTA services without issuance of consignment note: CESTAT

The CBI has questioned Anil Ambani in a Rs2900 crore bank loan case linked to SBI, alleging misuse of funds by Reliance communication,

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HC Upholds Validity of Section 8B for Assessment Year 2009-10

ROC Chennai Waives Penalty for Delay in Filing Annual Return

ITAT Remands Rs. 12.54 Cr Gift Case of Shilpa Shetty to AO for Fresh Examination

ED amends Monetary Limits of Designated Officers for adjudicating cases

Activity cannot be taxed as GTA services without issuance of consignment note: CESTAT

CBI Questions Anil Ambani In Rs 2900 Crore Bank Loan Case, Jai Anmol Ambani Also Under scrutiny