News Update

RBI alerts against misuse of banking channels for facilitating illegal forex tradingEC censures Jagan Reddy & Chandrababu Naidu for MCC violationsFrance tells Xi Jinping EU needs protection from China’s cheap importsUK military personnel’s data hackedOxygen valve malfunction delays launch of Boeing’s first crewed spacecraftPulitzer prize goes to Reuters & NYTDutch, Belgian students join Gaza sit-ins by US Univ studentsIndia-Ghana Joint Trade Committee meeting held in AccraGhana agrees to activate UPI links in 6 monthsGST - Record does not reflect that any opportunity was given to petitioner to clarify its reply or furnish further documents/details - In such scenario, proper officer could not have formed an opinion - Matter remitted: HCED seizes about 20 kg gold from locker of a cyber scammer in HaryanaGST - Mapping of PAN number with GST number - No fault of petitioner - Respondent authorities directed to activate GST number within two weeks: HCGST - Circular 183/2022 - Petitioner to prove his case that he had received the supply and paid the tax to the supplier/dealer - Matter remitted: HCGST -Petitioner to produce all documents as required under summons -Petitioner to be heard by respondent and a decision to be taken, first on the preliminary issue raised with regard to applicability of CGST/SGST: HCGST - s.73 - Extension of time limit for issuance of order - Notifications 13/2022-CT and 09/2023-CT are not ultra vires s.168A of the Act, 2017: HCRequisite Checks for Appeals - RespondentInheritance Tax row - A golden opportunity to end 32-years long Policy Paralysis on DTCThe Heat is on: Preserving Earth's Climate in the Face of Global WarmingVAT - Timeline for frefund must be followed mandatorily while recovering dues under Delhi VAT Act: SCIndia, Australia to work closely for collaborative projects
 
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Ahmedabad, April 29, 2013
CX - If it is case of Revenue that appellant has used imported polyester chips for clandestine manufacturing and clearing of polyester yarn, it is for them to provide evidences regarding consignment which were imported and consigned to appellant - matter remanded: CESTAT
 
New Delhi, April 28, 2013
FDI requirement as percentage of GDP ratio is diminishing: MoS Meena
 
New Delhi, April 28, 2013
National Water Policy calls for commissioning of Water Regulator
 
New Delhi, April 27, 2013
Illegal raising of deposits: Collective investment schemes are under probe from SEBI, I-T, MCA & RBI
 
New Delhi, April 27, 2013
PSC calls for new tax initiatives; considers budgeted tax receipts an under-estimate
 
New York, April 27, 2013
On 'Girls In ICT Day', UN calls for more jobs for girls in IT world
 
New Delhi, April 26, 2013
ST - Free phones to employees - Bharti Airtel directed to deposit Rs 80 Cr out of demand of Rs 119 Cr - Stay granted up to 3.12.2013 or disposal whichever is earlier: CESTAT
 
Bangalore, April 26, 2013
Karnataka VAT – Dispensing of medicines by doctors not sale; no tax: Tribunal
 
Mumbai, April 25, 2013
Cus - Valuation - Since a replicated CD contains intellectual inputs, cost of same has to be considered while charging Customs duty: CESTAT
 
Pune, April 25, 2013
I-T - Whether when assessee originally a sub-contractor, but becomes direct party to pact, cannot claim benefit of deduction u/s 80IA, merely because they have not developed entire project - NO: ITAT
 
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Shri N K Singh, recipient of TIOL FISCAL HERITAGE AWARD 2023, delivering his acceptance speech at Fiscal Awards event held on April 6, 2024 at Taj Mahal Hotel, New Delhi.


Shri Ram Nath Kovind, Hon'ble 14th President of India, addressing the gathering at TIOL Special Awards event.