From our Legal Corner - tomorrow's cases
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By Vijay Kumar

Central Excise

Marketability is essentially a question of fact - Gold Chloride solution that emerges as an intermediate product is not marketable, hence not excisable : Tribunal

Service Tax

CESTAT orders Idea Mobile Communications to pay Rs 50 lakhs for getting stay in Service Tax case

THE CCE, Meerut, passed an order in January 2007 confirming a demand of Rs.1.74crores on the ground that the mobile communication company had wrongly taken/availed/utilized Cenvat credit on the inputs service received on the basis of documents issued prior to 10.9.2004 or without having date of issue.

Hopefully, when the final order comes, we will be in a better position to tell you what the case was all about. As of now we have no IDEA!

Income Tax

Block assessments cannot be initiated without a valid search : HC

CAN block assessment proceedings under XIV-B be initiated on its own or there are conditions precedent to its invocation? This was the issue which came up before the court in a writ petition, and the court decided it in favour of the assessee by holding that the block proceedings within Ch.XIV-B can be initiated only in consequence of a valid search u/s 132 or requisition u/s 132A which in turn can be authorised on the basis of information with the authorising authority to form a reasonable belief that there is undisclosed income or assets with the person or he fails to produce or will not produce the relevant books of accounts.

See our columns tomorrow for the judgements