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, March 26, 2013
I-T - Whether Explanation in Sec 80IA(4) having retro-operation is unconstitutional, although it only attempts to clarify that deduction would not be available in case of execution of works contracts - NO: HC
 
Mumbai, March 26, 2013
S. 153 of Customs Act, 1962 - Appellant absconding in view of COFEPOSA detention order - such a person cannot be given benefit of condonation of any delay - Appeal time barred: CESTAT
 
Mumbai, March 26, 2013
CX - Valuation - Whether u/s 4 or 4A of CEA, 1944 - third schedule to Tariff does not cover toilet papers - pre-deposit of duty of Rs.1.19 Crores waived & stay granted: CESTAT
 
Mumbai, March 25, 2013
Whether when particular asset is not included in definition of 'assets', but rental income from said asset has been offered as income from house property, same can be treated as income from business - NO: ITAT
 
Mumbai, March 25, 2013
ST - Erection of sluice gates in agricultural dams - Maharashtra Govt are not commissioning agency as they do not undertake such activities for anybody else except themselves - stay granted: CESTAT
 
Mumbai, March 25, 2013
CENVAT - duty paying documents lost in transit - Powers of adjudication are given to quasi judicial authorities to sub-serve justice and not to deny them - appeal allowed: CESTAT
 
New Delhi, March 24, 2013
Cabinet Committee on Investment revamps procedures; speeds up approval for projects of Rs 1000 Cr or more
 
Paris, March 24, 2013
OECD Economic Survey of China calls for deregulation of macro economic parameters for inclusive growth
 
New York, March 23, 2013
UN calls for urgent action to tackle global sanitation crisis
 
New Delhi, March 23, 2013
Special Valuation Branch in Customs - The Great Indian Customs Loot!!
 
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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.