News Update

Retrospective Chaos: Can We Just Move Forward?OpenEuroLLM Project backed European Commission launched to develop open-source AICX - Appellant is entitled to avail Cenvat Credit based on Certificates/statements issued by M/s. Indian Bank and based on photocopies of invoices: CESTATTrump proposes to take over & develop Gaza Strip & resettlement for PalestiniansCus - Original engineering drawings for industrial use are classifiable under CTH 49.06; cannot be treated as machinery or equipment: CESTATBengal to pass bill to impose fine for spitting tobacco in publicCX - Specifications provided before finalization of contract & not forming part of detailed engineering design cannot be treated as additional consideration: CESTAT11 killed in mass shooting at Swedish school; Gunman also killedCX - As per trite law, there is no requirement to reverse Cenvat credit if no duty is due on final product, particularly when credit is ultimately offset by higher duty payments: CESTATMounting trade tensions: In no hurry to speak to Xi Jinping, says TrumpST - Since the VAT has been paid by appellant on supply of Diesel Generator Sets and therefore, service tax is not liable to be paid under Supply of Tangible Goods service: CESTATSpiritual leader Aga Khan, 88, dies in LisbonCX - Charges not related to manufacturing and shown separately are exempt from inclusion in assessable value: CESTATUS Postal Service stops picking parcels from China; Temu & Shein retailers in panicCX - Denial of cross-examination of key witnesses violated the legal rights of appellant, matter remanded back to adjudicating authority for reconsideration : CESTATAustralia bans DeepSeek AI tool on govt devicesCX - Appellants's case remanded holding that unutilized DTA clearance limits could be carried forward, but directed verification of records before finalizing excise duty liability : CESTATSpain decides to reduce working week to 37.5 hoursI-T - Where property is held jointly but only one co-owner reaps benefit of income from such property, then other co-owner cannot be held liable to pay tax merely by virtue of co-ownership: HCSpain decides to reduce working week to 37.5 hoursI-T- Assessment order invalidated where passed by officer who is different from officer who gave assessee a personal hearing: HCBudget adds 2 types of shuttle-less looms to list of fully exempted textile machineryRobbery bid at Saibaba temple in Maharashtra - 2 employees of Trust stabbedI-T - Cash in bank account is 'property' liable for provisional attachment u/s 281B: HCIndia rises to become World's 2nd largest mobile manufacturer: VaishnawI-T - No addition can be made purely on account of assumptions, disregarding audited books of accounts: ITATGovt announces selected applicants under Category-II of Financial Incentive SchemeI-T - If assessee has brought on record voluminous details of incurring expenditure, then assessee could not be held responsible for vendors not appearing in person before AO: ITATTRAI releases recommendations on Frequency Spectrum for IMTI-T - Sec 68 can't be invoked to assail capital gain transaction unless some new material of incriminating nature has been discovered in course of search: ITATRegistration closing for TruthTell Hackathon before 21st FebI-T - Assessee's appeal be allowed in cases where there is no intentional or deliberate attempt on his part in filing the appeal belatedly: ITAT

MESSAGE BOARD


Create New Topic Back
Logged in user
Subject
Message
   



TIOL Tube Latest

Former Prime Minister, Dr Manmohan Singh, delivering his Award Acceptance Speech after receiving TIOL Fiscal Heritage Award 2022 on Nov 8 at Taj Palace, New Delhi



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