News Update

OECD to release annual report on Tax Inspectors without Borders on April 29EU introduces easy Schengen Visa rules for IndiansRIL reports Rs 21K Crore profit in Q4ECI constitutes task force to watch heat conditions before every phase of the pollCalcutta HC orders null and void entire WBSSC teachers’ appointment panelNFDC announces Exclusive Animation Workshop at 18th Mumbai Film FestivalPIL for extraordinary interim bail for Kejriwal - Delhi HC imposes Rs 75K cost on law studentRaksha Mantri visits Siachen - world's highest battlefieldDubai to receive more rains from todayRequisite Checks for Appeals -Pre DepositAnti-Profiteering under GSTI-T- Power of sanctioning re-assessment is coupled with duty on part of Revenue to apply mind to whether or not such proceedings are to be resorted to; such power is not be exercised casually or perfunctorily: HCPersonal income tax mop-up logs close to 25% growth last fiscalI-T- Assessment order quashed where passed without considering relevant documents furnished by assessee & without considering assessee's objections to variation in computing of income: HCEPFO adds 15.48 lakh net members during Feb monthI-T- Re-assessment exercise commenced to tax supposed purchase of MFs is not tenable, where assessee's contentions regarding non taxability thereof, are ignored: ITATPuri talks to OPEC Secretary General about volatility in global oil marketsAfter Mexico, India becomes second largest source for new citizens in America - 65960 in 2022I-T- The phraseology of Rule 11 UA r.w Section 56( 2)(viib)Explanation (a) do not thrust the requirement of Valuation Report for substantiation of valuation under NAV method: ITATIndia’s Gukesh D becomes youngest to win Candidates Chess tournament - second only to Viswanathan AnandHigh turnout in Phase 1 of LS polls despite heat waveBSF recovers two China-make drones in Amritsar border areasI-T- Disallowance of toll taxes paid by transport contractor, is unsustainable, considering toll expenses are statutory in nature & are fixed by toll plazas & highway authorities: ITATUS to impose sanctions on Israeli military units for abuse of human rights in GazaI-T- Re-assessment is invalid when there is no failure on part of assessee to make full & true disclosure of material facts necessary for assessment: ITATTesla again cuts prices in Germany, China & around the worldI-T- Benefit of accumulation can be allowed as delay is condoned by CBDT Circular No. 6 of 2020 : ITATEgypt gets back 3400-yr-old stolen statute of King Ramses IIEconomist Surjit Bhalla says BJP to bag 5 seats in Tamil Nadu &2 seats in Kerala
Please login to view this page

Username
Password
Please Solve Math Captcha Below:

 
  Forgot Password!
New User
Register Here!

TIOL Tube Latest

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.




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