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NEWS FLASH

Revised DTC Bill to be tabled in House during Monsoon Session: FM

I-T - Whether a particular decision of Commissioner loses legality automatically, after passing of a subsequent order by same authority (See '2013-TIOL-436-HC')

EU Council calls for tougher stance on tax evasion (See 'Breaking News')

Cus - on one hand, Commissioner(A) has recorded that confiscation u/s 111(m) is not sustainable but at same time directed appellant to pay duty on enhanced value - Matter remanded: CESTAT (See 'Breaking News')

India, Australia wrap up another round of FTA talks (See 'Mixed Buzz')

870 terror agents nabbed with INTERPOL help since 2004 (See 'Mixed Buzz')

BCCI President Srinivasan under pressure to quit after son-in-law, owner of Chennai Super King, allegedly found involved in IPL fixing

CBDT issues transfer order of 27 ACIT/DCITs + reviews posting order of 67 AC/DCITs + also issues transfer order of 56 Addl / JCITs & Reviews posting order of 30 Addl /JCITs (See 'Transfer' in Pitara)

British Airways plane engine catches massive fire; makes emergency landing at Heathrow; Airport shut down

US stimulus withdrawal issue not to impact capital inflows into India: Montek

Cadre Review: CBDT ki gaddi chal pari but CBEC ki ... (See 'Insider' in Pitara)

Duty Free Shops at Airports to Sell Indigenous Goods - duty free (See 'DDT' Column)

Service tax on AC Restaurants - A peep into Legal Interpretation (See 'ST se GST tak' Column)

CX - S. 35B - Committee wisdom - Mere appending signatures in note sheet is not review - Revenue appeal rejected: CESTAT (See 'Breaking News')

Sending order-in-original through Speed Post is not proper service (See 'DDT')

Government notifies Narcotic Drugs and Psychotropic Substances (Regulation of Controlled Substances) Order, 2013 (See 'DDT')

I-T - Whether expenditure on furniture and fixtures at office of Director in rented premises can be considered as capital in nature (See '2013-TIOL-388')

CBEC Ombudsman at Ahmedabad (See 'DDT')

Union Cabinet okays CBDT's Cadre-restructuring Proposal; sanctions 1349 more posts for IRS, including at Apex level + 19402 non-IRS posts at additional cost of Rs 449.7 Cr annually

CBEC allows sale of excise duty-free goods manufactured in India through Duty-free shops at airports (See 'Breaking News')

Cabinet approves proposal to classify Malayalam as 'Classical Language'

Govt hikes MDA quota for export promotion (See 'Mixed Buzz')

Bottlenecks in development of road sector removed: CCI (See 'Mixed Buzz')

President administers oath to New CAG Shashi Kant Sharma at Rashtrapati Bhawan

India takes steps to synergise norms with EU New Standards for Import of Bulk Drugs (See 'Mixed Buzz')

Service Tax & the Cart before the bullock story (See 'DDT' Column)

Vodafone Tax Bill: A Good Case for Settlement by Agreement! (See 'The Cob(Web) Column)

Delhi Lokayukta indicts CM Sheila Dixit for govt fund misuse

60 Acts govern Indian financial sector; Need for New Financial Code: FM (See 'Mixed Buzz')

Holy grail of Tax avoidance - Ireland, a Tax Haven? (See 'DDT' Column)

CX - Valuation - Principal to principal sale - no jobwork - Rule 10A of Valuation Rules not applicable: CESTAT (See 'Breaking News')

Hydro Power: 534 MW commissioned out of 10900 MW targetted during 12th Plan (See 'Mixed Buzz')

IPL-fixing case: Income Tax probe begins in illegal cash transactions

PM says Indian economy is turning around; may exceed 6%

Ponzi Scam: FM admits regulatory gaps; says efforts on to tailor New Law

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