News Update

Terror attack in Turkey; Many killed & several injured in blastsModi, Jinping hail disengagement along LACMisc - Phrase intoxicating liquor cannot be restricted to potable alcoholic liquor, that is, alcohol that is sold as a beverage: SC CBMisc - Industrial alcohol & medicinal and toilet preparations which contain alcohol can be taxed as per Entry 84- List I by Central Govt through Central Excise duty: SC CBCBIC amends tariff value of silver in all formsIBC - When there is specific procedure provided for withdrawal of insolvency applications, then NCLAT cannot invoke its inherent powers: SC LB (See 'TIOLCorplaws')IBC - If debt entries exist in corporate debtor's balance sheet, then debtor could not deny its liability merely on ground that there were no specific entries of particular creditor in their balance sheet: SC (See 'TIOCorplaws')Department of Posts starts proof of concept for transmission of mail through droneGovt notifies Min export price of USD 490/ tonne for non-Basmati white riceCrPC - For bringing out case under criminal breach of trust, it shall be pointed out that person with whom entrustment of property is made, has dishonestly misappropriated it: SCScindia unveils BSNL's new logo and seven customer centric servicesGST - Provisional attachment of bank account u/s 83 - Rule 159 confers a right to file objections and seek revocation of such attachment - Petitioner permitted to move such application: HCSC quashes NCLAT order winding up insolvency proceedings against ByjuGST - Refund - s.54 - COVID-19 - In view of notification 13/2022-CT excluding the period 01.03.2020 to 28.02.2022 from computing the limitation period, authority to reconsider the claim: HCPM says BRICS is not divisive; it is for public goodSC rules States have legislative power to tax industrial alcohol liquorVAT - If payment of refund was delayed, then assessee automatically becomes entitled to interest u/s 42 of DVAT Act: HCNCLAT okays Central Govt taking over Delhi Gymkhana ClubRoad to Refund: Potholes, Pitfalls, and Peculiar OfficersCyclone Dana - Schools shut down for 3 days in West BengalI-T- Notice issued u/s 148A(b) without conducting requisite inquiry, is contrary to mandate of Section 148A: HCUP Police seizes 12 kg gold from car on Yamuna ExpresswayScindia launches 'International Incoming Spoofed Calls Prevention System'
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GST - Agenda for the second year - Part 35 - ROD Orders - Law-making by administration
Dr G Gokul Kishore
April 29 2019
Retrospective reversal of ITC for real estate sector - An 'unreal' welfare?
Puneet Bansal
April 26 2019
GST - Agenda for the second year - Part 34 - Representation before GST Council - Not amenable to writ?
Dr G Gokul Kishore
April 23, 2019
Residential Realty Sector - Can basic prices be increased to offset loss?
S Sivakumar
April 22, 2019
GST - Agenda for the second year - Part 33 - Input Tax Credit-Time to relax time-limit
Dr G Gokul Kishore
April 15, 2019
New GST regime for Realty - need to relook at existing business models
S Sivakumar
April 09, 2019

GST - Agenda for the second year - Part XXXII - Realty show - Transition to complex GST regime
Dr G Gokul Kishore
April 08, 2019

GST Rate changes for Real Estate - An overview
Ankit Kanodia
April 05, 2019
Pay in lieu of serving notice period - ST/GST implication
Abhijit Saha
April 03, 2019

GST levy on Realty Sector w.e.f 1st April - some major ramifications
S Sivakumar & R Vaidyanathan
April 02, 2019

GST - Agenda for the second year - Part XXXI - Loyalty schemes - Actionable claim under GST?
Dr G Gokul Kishore
April 01, 2019

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Shri K C Tyagi addressing the gathering at the TIOL Awards 2024.



Dr. P Thiaga Rajan addressing the gathering at the TIOL Awards 2024.