SIGN IN SUBSCRIBE

News Update

Will China's trade pre-eminence survive with its kicking-away-the-ladder approach?China alleges American hacks stole trade secrets from tech firmsI-T - If assessee while passing entries in books, had reduced sales turnover & tax liability, but not allowed genuine trade discount to customers, then its claim towards trade discount is not maintenable: ITATPentagon says China expanding N-forces at swift paceI-T - If assessee has voluntarily surrendered income in good faith to buy peace and to cooperate with Department, said voluntary surrender of income cannot be considered as concealment of income: ITATFed lowers interest rate by 25 basis pointsI-T- Additions framed u/s 68 on grounds of bogus transactions are invalid, where the transactions in question appear to be genuine: ITATUS sanctions 4 entities for aiding Pakistan’s missile programmesI-T - Compensation received by assessee from builder for delayed handing over of property, is not chargeable to tax in hands of assessee: ITATAmazon workers to strike work during peak holiday seasonsI-T - Written down value of block of assets cannot be increased by amount of insurance claim not received by assessee: ITATUK Prime Minister invites Indian investors at Downing StreetI-T - Penal interest charged by bank for overdue payment of loan instalments, being crystallised in relevant year and recovered from assessee, is allowable expense covered by provisions of Sec 43B: ITATMusk says Starlink is inactive in India as security concerns remain unresolvedI-T - Interest derived from co-operative banks, which are co-operative societies, is allowable as deduction u/s. 80P(2)(d): ITAT13 drown as boat capsizes in Arabian Sea off MumbaiMandatory QR codes on Crash Barriers to provide Installation SOP at Project SitesI-T- Penalty u/s 271(1)(c) cannot be sustained where imposed on grounds of concealment of income & where upheld on a different ground of furnishing inaccurate particulars of income : ITAT3.52 lakh female employees enrolled in ESI Scheme in Oct monthCus - Ex parte order passed is valid where demand is upheld on merits as well as due to assessees' failure to appear for hearing despite being given 7 opportunities: CESTATCCPA imposes penalties of Rs 1.2 Cr for misleading adsST - Service Tax on sale of coal rejects, not payable, where such value is already included in taxable value for beneficiation service: CESTATIndian Navy's 2nd State-of-the-Art Survey vessel INS Nirdeshak commissionedCus - Specific description of 'prepared additives for cements, mortars or concretes' under heading 3824 will prevail over more general category of modified starches under heading 3505: CESTAT
Please login to view this page

Username
Password
Please Solve Math Captcha Below:

 
  Forgot Password!
New User
Register Here!

TIOL Tube Latest

TIOL Tube
Conferment of TIOL Awards 2024. The event was held on October 1, 2024 at Taj Palace, New Delhi

TOP NEWS


AR not Afar by SK Rahman

VISION 360



Technical Session I - Ease of Doing Business: GST on Digital Economy

TII LATEST

TIOLCORPLAWS LATEST