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Tuesday , May 21, 2013 | Updated : May 21, 14:53 IST
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NEWS FLASH
 
Hardwork pays; CBDT issues fresh notices to non-filers; collects Rs 600 Cr from notices issued earlier (See 'Breaking News') SC agrees to hear PIL to stay IPL matches on ground of spot-fixing ACC appoints Anil Swarup as Addl Secy in Ministry of Labour + Vinod Kr Thakral as Addl Secy in Ministry of Steel Justice K J Sengupta of Uttarakhand HC is promoted as Chief Justice of AP High Court (See 'Mixed Buzz') I-T - Whether submission of audited accounts per se would oust jurisdiction of AO to pass a direction for special audit u/s 142 - NO: HC (See 'Breaking News') Service Tax - Pre-deposit - Bharti Airtel gets relief of Rs 55 Cr from High Court (See 'DDT' Column) ST - CENVAT Credit on common area management, maintenance or repair service; employee mediclaim insurance; cab services; and car parking - eligible: CESTAT (See 'Breaking News') CBEC allows filing of revised return for the period July to September 2012 (See 'DDT') Can a 100% EOU export finished goods on payment of duty under claim of rebate under Rule 18? - Madras High Court orders cash refund of duty paid See 'Breaking News') Shashi Kant Sharma, Defence Secy, all set to be Next CAG DVAT - Whether multifunctional printers are to be taxed as per unclassified rate of 12.5 per cent (See '2013-TIOL-424-HC') Transaction Cost - Constitution of 2nd Task Force (See 'DDT') I-T - Whether an assessment can be reopened on basis of valuation relating to another assessee (See '2013-TIOL-417-HC') FM's word of wisdom for Competition Commission - Beware of predatory behaviour (See 'Mixed Buzz') India, China resolve to take measures to overcome trade imbalance (See 'Mixed Buzz') DGCEI Hqs books Bhushan Steels for excise duty evasion (See 'Mixed Buzz') Sahar Airport Customs seizes 26 kg of methaqualone worth Rs 13 Cr; arrests South African pax India, UK ink pact to promote Health Sector (See 'Mixed Buzz') I-T - Whether additional reasons recorded after date of issuance of notice u/s 148 can be looked into for purposes of determining validity of proceedings initiated u/s 14& - NO: Delhi HC (See 'Breaking News') Relevance of relevant date for refund under Rule 5 for export of services (See 'DDT' Column) ST - IPO financing fees, Processing fees and Recovery of common expenses from co-user of premises are not leviable to Service Tax under BAS or BSS category - Appeal allowed: CESTAT (See 'Breaking News') Notfn 5(RE-2013) - Import policy of cars - A National security concern (See 'Guest' Column) Whether interlocutory orders passed by CESTAT are appealable to High Court - Matter referred to Larger Bench (See 'Breaking News') Oil Exploration Sector - Exemption Notification 12/2012-Cus Amended - Clarification precedes Notification (See 'DDT') Infosys receives Rs 577 Cr income tax demand notice for AY 2009-10 Centre mulling over New Law to deal with betting in sports SC tries to insulate cooperative banks from political interference by laying down guidelines Labour Conclave resolves to provide Universal Social Security coverage (See 'Breaking News') TNVAT - Whether a transporter can claim release of goods after payment of taxes, even if he is not real owner of goods (See '2013-TIOL-408-HC') Eight countries furnish Action Plans to UN to combat illegal trade in elephant ivory (See 'Mixed Buzz') S&P reiterates Negative credit rating; India protests Usher in Tax & Allied Reforms in tourism-transport field to create jobs (See 'TIOL Edit') ST - Rate of tax applicable is one prevailing at time of providing service, not receipt of payment: Delhi HC (See 'Breaking News')
 


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