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The Supreme Court has clarified the legal requirements for claiming a share in ancestral property. Claimants must establish the existence of a joint family nucleus with sufficient joint property before seeking partition. This ruling provides clear guidelines for handling complex property disputes across the country.
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The Supreme Court has ruled that Section 106 of the Evidence Act cannot relieve the prosecution of its primary duty to prove guilt. Authorities must independently establish every element of a charge before shifting the evidentiary burden to the defense.
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The tribunal quashed a major excise duty demand because the digital storage device used as proof lacked a valid certification under the Evidence Act. Adjudicating authorities cannot rely on electronic records without meeting mandatory admissibility safeguards. Tax professionals must ensure proper compliance when handling digital evidence in disputes.
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The customs and excise appellate tribunal has dismissed a substantial tax demand against an assessee. The ruling emphasizes that electronic printouts lacking mandatory statutory validation cannot serve as valid legal evidence for tax liabilities. Finance professionals must ensure strict documentary compliance during departmental audits.
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The Orissa High Court has granted permission for the continued operation of steel manufacturing units previously attached under the Prevention of Money Laundering Act. This conditional clearance ensures industrial activity continues while legal proceedings remain active. Strict operational safeguards have been put in place to monitor compliance.
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CESTAT Kolkata set aside an excise demand, ruling that allegations of clandestine removal must be supported by corroborative evidence. Assumptions regarding hidden production cannot replace concrete proof.
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The appellate tribunal has cancelled a tax liability exceeding forty-nine crore rupees because the department relied on electronic printouts that lacked statutory certification. Adjudicating authorities cannot sustain tax demands based on computer records without meeting specific evidentiary requirements under the law. Tax professionals must ensure strict adherence to procedural prerequisites when managing electronic evidence during departmental litigation.
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The Bombay High Court has sustained a revision order issued under Section 263 concerning unexamined under-invoicing issues. The court confirmed that tax authorities can intervene when assessing officers fail to investigate critical valuation details. This judgment emphasizes the necessity of thorough scrutiny during income tax assessments.
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The Delhi bench of CESTAT has set aside an excise duty demand that was raised purely on the basis of production ratios recorded in ER-5 returns. The tribunal emphasized that tax demands cannot be sustained without tangible evidence of actual clandestine removal of goods. This ruling offers relief to manufacturers facing similar arbitrary assessments.
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The Chandigarh bench of CESTAT has canceled a second customs valuation and associated penalties imposed on used machinery imports. This ruling provides relief to importers facing repeated valuation challenges from revenue authorities. The decision clarifies administrative limits on reassessing import values.
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The newly introduced Bengaluru-Mumbai Vande Bharat Sleeper completes the trip in approximately 16 hours, saving 6 to 12 hours compared to traditional trains like Udyan, Chalukya, and Coimbatore expresses. While air travel takes under two hours with fares ranging from Rs 5,000 to Rs 10,000 or more, the sleeper bridges the gap with a 3AC fare priced near Rs 2,700 to Rs 3,000.
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Flipkart has issued a statement emphasizing its dedication to ethical business practices and robust corporate governance following reports of a Walmart probe into alleged employee kickbacks. The company reiterated that integrity and compliance are non-negotiable pillars of its operations. Investigations of this nature target internal procedural adherence.
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