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The Jharkhand High Court has held that the circulars or instructions issued by the Central Board of Indirect Taxes and Customs are legally binding on the department, and their violation will make the actions of the respondent illegal and ex-facie bad in law.The bench of Justice Rongon Mukhopadhyay and Justice Deepak Roshan has observed that the Department has violated Clauses …

Karnataka High Court Permits State Board To Conduct Board Exams For 5th And 8th Class Students After Two Weeks, Results Subject To Final Outcome

The Karnataka High Court on Wednesday by an interim order stayed a single bench order which quashed three circulars issued by the State government prescribing a Board like Examination for students of Standards 5 and 8th in schools affiliated to the state board. A division bench of Justice G Narendar and Justice Ashok S Kinagi stayed the order dated March …

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No Board Exams For 5th And 8th Class Students In State Board: Karnataka High Court Quashes Govt Circulars

The Karnataka High Court on Friday quashed three circulars issued by the State government by which it prescribed a Board Examination for students of Standards 5 and 8th in schools affiliated to the state board. The bench orally said “The State government can follow the procedure and do it for the next academic year.” The petitioners had questioned the circular …

The Insolvency and Bankruptcy Board of India vide its circular dated 23.05.2022 has rescinded various earlier circulars issued by IBBI by exercising its power under Section 196 of the Insolvency and Bankruptcy Code, 2016. As per circular dated 23.05.2022, IBBI conducted an exercise of review of its circulars and withdrew its earlier circulars as these circulars are no longer required …

The Telangana High Court held that the CIT is a quasi judicial authority and is not bound by the administrative circulars issued by the Central Board of Direct Taxes. For the assessment year 2017–18, the department passed an assessment order under Section 143 of the Income Tax Act, 1961, making certain additions under Section 69A of the Income Tax Act, …