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Transfer, Posting Orders of Commissioner, ADC, JC PM flags off Bharat Mobility Global Expo 2025; Goyal urges first-time auto buyers to choose EVs Budget Session to commence from Jan 31; Budget to be presented on Feb 1 12 Indian nationals fighting for Russian Armed Forces KIA in Ukraine; 16 remain MIA: Ministry for External Affairs Gaza conflict - Netanyahu’s office confirms first lot of Israeli hostages to be released on Jan 19 Lokpal of India celebrates first anniversary; CJI urges citizens to promptly report corruption e-Vitara - Maruti Suzuki unveils first electric SUV; set to export to 100 nations RBI announced liberalised norms to encourage settlement of cross-border transactions using INR currency Pak ex-PM Imran Khan & wife Bushra Bibi convicted in trust case for embezzling 190 Million Pounds GRAP-IV revoked across NCR as AQI shows slight improvement PM says India working towards autonomous driving Kejriwal seeks PM’s nod for 50% concession in metro fare for students CBIC notifies GST rates, confessional rates, exemptions and other changes recommended by last GST Council GST - Personal hearing - Mandate of s.75(4) are safeguards provided to the assessees so that they can have a say in the hearing process: HC China claims 5.4% growth in Q4 & 5% in 2024 GST - If in decision making, procedure adopted by the authority is de hors the provisions of the Act or rules framed thereunder, it is liable to be rendered as flawed one: HC SpaceX’s Starship splits in space after launch; Flights diverted GST - There is no bar in law in issuing two show cause notices for the same period with a different/distinct subject matter: HC 119-yr-old Brazilian woman is oldest person GST - Fraudulent ITC availment - Petitioner is sought to be arrested after more than 05 years and 06 months from filing FIR - Anticipatory bail granted: HC Gaza ceasefire deal stuck as Israel yet to approve it fully GST - Extension of limitation - Petitioner challenges proceedings on the ground that notification parallel to 56/2023-CT has not been issued by State government - This cannot be ground for seeking declaration of notification as ultra vires : HC Trudeau decides not to fight next election GST - Petitioner challenges order passed u/s 73 consequent upon extension of limitation as granted by 56/2023-CT - Petitioner is not remediless, hence should take recourse to remedy of appeal: HC 76 Islamist militants killed in Nigeria GST - Timelines stipulated in s.129(3) not followed - Proceedings liable to be set aside - Vehicle to be released forthwith: HC American Express to shell out USD 230 mn to settle deceptive sales disputes GST - Impugned order is hit by Section 75(7) insofar as it traverses beyond the Show Cause Notice: HC Singapore President Tharman Shanmugaratnam meets senior BJP Ministers in New Delhi Platform Aggregators to expedite registration of Platform Workers on eShram portal I-T- Provision for 7-day response period upon received notice u/s 148A, does not mandate exclusion of public holidays: HC Mandaviya highlights potential to address Global Workforce Shortages through Skill Initiatives Race against HIV: Goa gears up for National Red Run 2.0 C-DOT, IIT Bombay sign pact for 'Chipset for High-Bandwidth 6G Wireless Links'Govt funding schemes led to success of Startup India mission: Goyal

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January 17, 2025

I-T- Provision for 7-day response period upon received notice u/s 148A, does not mandate exclusion of public holidays: HC

January 17, 2025

I-T - Twin conditions for transfer of assessee's case u/s 127, from one AO to another, is mandatory: HC

January 17, 2025

I-T - Both Faceless AO and Jurisdictional AO have concurrent jurisdiction as far as assessment, re-assessment or re-computation u/s 147 is concerned: HC

January 17, 2025

I-T - Designated authority under DTVSV Act, 2020 cannot reopen assessment after final certificate is issued u/s 5 of DTVSV Act and all disputes with regard to 'tax arrear' stand concluded: HC

January 17, 2025

I-T- NFAC gave assessee less than 7 days to reply to Show Cause Notice, which is grossly insufficient & unreasonable time frame; case remanded: ITAT

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January 17, 2025

GST - Extension of limitation - Petitioner challenges proceedings on the ground that notification parallel to 56/2023-CT has not been issued by State government - This cannot be ground for seeking declaration of notification as ultra vires : HC

January 17, 2025

GST - Petitioner challenges order passed u/s 73 consequent upon extension of limitation as granted by 56/2023-CT - Petitioner is not remediless, hence should take recourse to remedy of appeal: HC

January 17, 2025

GST - Timelines stipulated in s.129(3) not followed - Proceedings liable to be set aside - Vehicle to be released forthwith: HC

January 17, 2025

GST - Impugned order is hit by Section 75(7) insofar as it traverses beyond the Show Cause Notice: HC

January 17, 2025

GST - It is trite law that when a reply is filed, it is incumbent on the assessing authority to apply its mind to the objections raised and return findings on the issues so raised: HC

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January13, 2025

Income Tax Refund: Can it be managed better?

January03, 2025

Data Mismatch & GST: Income Tax offers time-tested key to resolution

December 23, 2024

India: Pillar Two: Qualified Refundable Tax Credit

November 20, 2024

Trading in Crypto: Let there be interim VDA Exchanges until law is made

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January 16, 2025

Wilting China to face formidable trade pushbacks in 2025!

January 09, 2025

Superrich tax: India demurs but geopolitics favours such levy!

January 02, 2025

Popcorn Saga: Time for GST 'shakers' to do quiet rumination!

December 26, 2024

Oh mon Dieu! GST Council canoeing away from basic design at every meeting!

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View All Cob(Web)s on GST»

Income Tax Notification	07
Income Tax Circular	21
Customs Tariff Notification	02
Customs NT Notification	03
Customs Circular	01
Anti Dumping Notification	28
DGFT Notification	50
DGFT Public Notice	41

CGST Rule Notification	06
CGST Rate Notification	08
CGST Circular	243
IGST Rule Notification	04
IGST Rate Notification	08
UTGST Rate Notification	08
UGST Rule Notification	02
Cess Rate Notification	01

January 15, 2025

How to serve

January 08, 2025

Not a penny more...

January 01, 2025

Taxtacular New Year

December 25, 2024

The Coconut Oil Story - Tale of Tresses and Taxes

December 18, 2024

DRI faces Canon - again

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January 08, 2025 | By Hunny Munjal

Legality of Cash and Asset Seizure - Judicial Precedents and Interpretative Analysis

January 07, 2025 | By Aumkar Gadgil

Circular Reference

January 06, 2025 | By Neeraj Prasad

Tax Gap Estimation - An Introduction

January 03, 2025 | By Sanjay K Agarwal

Overcoming the Safari Retreats judgment - Costs follow

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November 23, 2024

Depleting Coffers - Regulating Political Guarantees is the need of the hour

October 16, 2024

Introspect Exuberance Over FATF's Report on India

August 05 , 2024

Longest 'Glide Path' for 'Nimble' Fiscal Policy Deepens Uncertainty

June 21, 2024

I miss a 'strong opposition', says the PM - Here's an eight-point Agenda for the opposition

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December 04, 2024

G20 declaration - Taxing super-rich's wealth - Making Modi Govt. accountable

October 09, 2024

The Elephant should retreat!

August 12, 2024

Persisting Flaws & Opacity Curb GST as 'Still Work in Progress'

June 07, 2024

Couple Fiscal-linked Electoral Reforms with One Nation, One Election Vision

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Building a Resilient Backbone: The Critical Role of Tech-Savvy Finance, Legal, Tax, and M&A Teams in Sustainable Growth

TIOL Tube

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

January 17, 2025 | New Delhi

PM flags off Bharat Mobility Global Expo 2025; Goyal urges first-time auto buyers to choose EVs

January 17, 2025 | New Delhi

Lokpal of India celebrates first anniversary; CJI urges citizens to promptly report corruption

January 17, 2025 | New Delhi

GRAP-IV revoked across NCR as AQI shows slight improvement

January 17, 2025 | New Delhi

Platform Aggregators to expedite registration of Platform Workers on eShram portal

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December 18, 2024

Multiple Adjournments of Appeals, After Issue of Final Order - Attempt to Restore Them

November 25, 2024

Import of Elisa Test Kits and Reagents with Benefit of Notification

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

January 2025 Edition

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

January 17, 2025

TP - In absence of any arrangement between assessee and AE pertaining to AMP expenses, onus of proof lies on Revenue to prove that there was international transaction in existence: ITAT

January 17, 2025

TP - Notional cost cannot be treated as part of operating cost of ITES provider, to work out its PLI: ITAT

January 17, 2025

IPR - If trademark is likely to cause confusion & deception among public and there is likelihood of injury to goodwill & reputation acquired by plaintiff, such case calls for restraining defendent from using such mark: HC

January 17, 2025

Competition Act - Petitioner has failed to demonstrate any prejudice caused to him in ongoing investigation following impugned order: HC

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