SIGN IN SUBSCRIBE

News Update

Mahashtra election: Cash of Rs 86 lakh recovered from car in MumbaiCBDT clarifies on CoD for returns claiming deduction u/s 80P for AY 2023-24 + specifies Forms for rollback of APA & applications u/s 35CCCCBIC revises tariff value of edible oils, gold and silverUK Budget to mop up 40 bn pound from tax hikes for wealthy BritonsVietnamese, Philippine exports to America surge for second consecutive quarter as global supply chain shiftsUN calls for probe of killings in Bangladesh protestsChina’s factory output & services perk up in Oct monthChina initiates probe against AstraZenca chief in ChinaN Korean troops to return in body bags if they enter Ukraine: USUS economy grows by 2.8% in Q3National Internet Exchange of India unveils new office at World Trade Centre, New DelhiCus - CBIC appoints adjudicators for 60 casesIndian Railways signs MoU with Switzerland's DETEC to enhance Technological CollaborationGST - Working of Rule 96(10) has resulted in hostile discrimination amongst exporters who opt to apply for a refund u/s 16(3)(a) of IGST Act r/w Rule 89 of the CGST Rules and those who opt to apply for a refund in the manner contemplated by s.16(3)(b) - Rule 96(10) is manifestly arbitrary, hence ultra vires: HC51 killed in devastating flooding in SpainGST - Circular 231 prevails over the impugned order - ITC benefit available on demo vehicles: HCIndia-China border disengagement enters into last stretchGST - Secondment of employees - IGST demand - SCNs are rendered impotent in view of Board Circular 210/4/2024 - When value of services is accepted as Nil, no further tax implication would arise: HCUN says West Asia is at ‘most dangerous juncture’ amid rising Israel-Iran mercuryGST - It is not for this Court to be boggled by or question the wisdom of the CBIC as the Circular in any case binds the respondents: HCGST - Establishing that Appeal memo was signed by authorised signatory - Bench does not approve of the appellate authorities adopting shortcuts and dismissing the appeals: HCGST - Plea of the petitioner having an alternative remedy cannot be accepted as violation of principles of natural justice is an exception to the said plea: HCCX - Cash refund is not permissible where an assessee is unable to utilize credit on Inputs upon closure of unit - CESTAT orders are not error-prone: HCWheeling and Dealing: The Taxing Tale of Demo VehiclesCus - CBIC releases revised list of high-end refurbished medical equipmentCX - Govt notifies concessional excise duty for operators under UDANMudra Yojana: Loan Limit raised to Rs 20 Lakh from Rs 10 LakhGST & Customs relief to reduce MRP of 3 Anti-cancer Drugs: GovtI-T - Purchase of rights shares which does not contribute to income of assessee, can't be taxed: HCESIC network up from 393 Districts to 674 Districts now: Union Minister

MESSAGE BOARD

   

GST on Online Gaming - A game in danger


Whose Skill is it

With due regard to authors it seems that it is the skill of the players who are playing the game in the ground be it cricket or hockey or football. The skill of these players ultimately decides the fate/prize money of a person who include them in his team by taking a chance. Imagine on a particular day one person include world best players in his team but they fail to perform, can he be called a skilled player. In a Just opposite situation he took some worst out of form players but they perform then on that particular day and he will be called a skilled player. So taking some players in a team does not seems to be one's skill but a pure chance which depends on the skill/performance of the player on field. So Betting on a Dream 11 team by including some players seems to be more as a game of chance then game of skill but as the matter is before Apex Court we have to wait.

Thanks & Regards

deepak joshi 14/04/2023

 

Back

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