TIOL - Tax News, GST, Income Tax, Service Tax, Customs, Central Excise, International Taxation, Fiscal Policy, Monetary Policy, Economy, Revenue, Judicial Decisions, Tax Rulings & Tax Videos

News Update

Arunachal cops bust sex racket; 21 including govt employees arrested Major road accidents: 8 killed in MP & 6 in Odisha NSSO reveals joblessness on decline in urban India As protests turn violent, France declares state of emergency in Caledonia Lawrence Wong assumes office as Singapore’s new PM Putin seeks greater support for war efforts in Beijing CBIC revises tariff value of edible oils, gold and silver GST - SC tells UoI - Not necessary to make arrest in every case Assassination attempt at Slovakia PM Fico; Serious injuries reported FM says PM’s active monitoring behind infra sector turnaround 6 burnt to death as bus catches fire after ramming into lorry in AP Indian exports in April month registers 6.9% growth Union Minister Jyotiraditya Scindia’ mother passes away after month-long treatment at AIIMS Govt consults stakeholders on protection of consumers from online fake reviews To promote cruise-ship tourism China allows visa-free entry of foreign tourists Erroneous Refund Modern Money Maze: Life Insurance or Annuity for Tax Advantage?I-T- Assessment order quashed where passed without considering assessee's request for adjourment seeking additional time to file reply to Show Cause Notice: HC Govt issues alert against incidents of 'Blackmail' by Cyber Criminals impersonating agencies ECI's second suo motu report on two month's enforcement of MCC Untimely demise of Sushil Modi; TIOL Knowledge Foundation loses a passionate patron

MESSAGE BOARD

Rule 37 amendment - Implications for taxpayers

Rule 37 amendment

If the recipient does not pay value to the supplier, it is a loss to the supplier. The liability to pay tax is not linked to receipt of payment but on raising invoices.

What is the morality in the Government taking interest from recipient for loss suffered by the supplier?

11/10/2022

Back

TIOL Tube

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.

May 15, 2024 | New Delhi

Indian exports in April month registers 6.9% growth

May 15, 2024 | New Delhi

Govt consults stakeholders on protection of consumers from online fake reviews

May 15, 2024 | New Delhi

Govt issues alert against incidents of 'Blackmail' by Cyber Criminals impersonating agencies

May 15, 2024 | New Delhi

ECI's second suo motu report on two month's enforcement of MCC

May 13, 2024

Evidences Required for Sustaining Penalties Imposed

May 06, 2024

Requisite Checks for Appeals - Respondent

VISION 360 - May 2024

VISION 360 -
'A Treasury of Key Tax &
Regulatory Developments!'

May 2024 Edition

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

May 15, 2024

TP - Comparable company is not good comparable where segmental data is absent; rightly excluded from list of comparables: ITAT

May 14, 2024

DTAA - Wherever Contracting States to tax treaty intend to extend treaty protection to domestic company paying dividend distribution tax, only then domestic company can claim treaty benefit: ITAT

May 15, 2024

SAFEMA - Appellant have furnished evidence which show satisfactorily that they took all reasonable steps to realise export proceeds : Tribunal

May 15, 2024

Companies Act - Winding up petition can be dismissed when contentions raised by parties constitute triable issues as Company Court cannot enter into adjudication of disputed facts of amount due and payable : HC

Income Tax	Customs	Excise	Service Tax	FEMA	DGFT	SEZ	Misc	Pitara	Budget
Faceless Scheme Direct Tax Vivad se Vishwas Black Money Basket Benami Act BM Cases e-Assessment Notifications Circulars Instructions SC Cases HC Cases ITAT Cases Advance Ruling Other Cases Directorate of Income Tax (Systems) Citizen's Charter Reports	Tariff Notfn Valid Tariff Notfn Non Tariff Notfn Valid Non-Tariff Notfn Circulars SC Cases HC Cases Cestat Cases Advance Ruling Settlement Safeguard Duty Notfn Anti-dumping Notfn Drawback Cases CVD MISC Circulars N T/CAA/DRI Customs Rules	Sabka Vishwas Scheme 2019 Valid Non Tariff Notfn CCRs - 2017 Central Excise Rules Valid Tariff Notfn Tariff Notfn Non Tariff Notfn Circulars SC Cases HC Cases Cestat Cases Advance Ruling Cesses Notifications Excise Amendment MISC Circulars Settlement Commr.(A) Order Tribunal	Sabka Vishwas Scheme 2019 Accounting Head Notifications Service Tax Rules Circulars SC Cases HC Cases Cestat Cases Advance Ruling FAQ Finance Act, 1994 Commr. (A) Orders Removal of Difficulty VCES Miscellaneous	FEO Act DIPP Notification FDI Approved Exchange Manual Fema Notifications SC Cases HC Cases RBI Notifications RBI Circulars Act Rules Regulations Master Circulars PMLA Notifications Depository Scheme Press Note	Notifications Circulars Public Notices Trade Notice FTDR Amendment 2010 MISC	Notifications Instructions Act 2005 Rules 2006 DGEP State Acts State Policy MISC	SC Cases HC Cases VAT Cases Miscellaneous	TPRU Service News Promotion Transfer Deputation Posts Cadre Review Transfer Policy Training Circulars Recruitment Rules Pay Commission Service Cases Empanelment MISC	Budget Speeches Union Budgets Economic Surveys TRU - D. O. Letter Finance Acts Finance Bill Budget Circular Finance Commission