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Would Budget 2025 - 2026 Unveil Action Agenda for Viksit Bharat?CBIC grants NFSG benefits to 68 officers Net NPAs down from 3.2% to 2.4%: Economic Survey GCC employs 19 lakh professionals Govt's share in total health expenditure up from 29% to 48%Urban-rural gap in consumption expenditure down from 84% to 70%Aadhaaar-based payment enabled for 96% of total active workers under MGNREGS Agri income rose by 5.23% annually over past decade: Economic Survey Mental health of Youth to drive future economy: Survey N-energy is reliable alternative to fossil fuels: Survey Trump challenges BRICS to float currency to rival Dollar; threatens to impose 100% tariff CBIC promotes 3 officers as Chief Commissioner on regular basis Budget Session: PM takes dig at Congress; says No foreign meddling for first time in last 10 yrs CBIC promotes 3 officers as Pr Chief Commissioner Toyota sold over 1 crore vehicles; remains largest manufacturer for 5th consecutive year Budget Session: Govt to table 16 Bills, including Coastal Shipping Bill US plane-copter collision - All 67 persons killed I-T- Reassessment based on an SCN issued in name of non-existent company, followed by a valid subsequent notice, are vitiated due to incorrect issuance of original notice: HC Trump likely to impose 25% tariff on Mexican and Canadian goods except oil I-T- Re-assessment order invalid where passed in name of a deceased person & in ignorance of provisions of Section 159, pertaining to legal representatives: HC US Appeals Court rules federal ban on sale of guns to under 21 is unconstitutional I-T - Delay in filing audit report condoned & penalty u/s 271B quashed as delay attributed to genuine difficulties, seizure of important books & documents & where no loss of revenue is noted due to delay: HC Trump’s offer to buy Greenland is not a joke, says Rubio I-T- Validity of Notices Issued Against Deceased Assessee : HC Tulsi Gabbard says No love for dictators I-T - Depreciation should be allowed as deduction while computing income for charitable trust, even though acquisition of asset had already been treated as application of income: ITAT Panama rules out any talk with US over Panama Canal I-T - Assessee cannot be treated as passive beneficiary of accomodation transactions, without carrying out neccesary enquiry in respect of manipulation & price rigging in penny stock: ITAT China erects wartime military command centre bigger than Pentagon - and with bombproof bunkers ST - Regulatory obligations do not preclude the classification of services as 'inputs' under CENVAT Credit Rules, provided they contribute to taxable outputs: CESTAT Cloning technologies - First mouse with two fathers enters into adulthood - Bright prospects for regenerative medicine ST - Activities of excavation & transportation of fly ash, do not fall under Cleaning Services or GTA Service, as these are part of an inseparable process within industrial premises: CESTAT Gujarat HC Chief Justice iPhone stolen at wedding; FIR filed India all set to launch indigenous AI model at affordable cost: Vaishnaw SEBI targets fin-influencers ST - Once a certificate from a Chartered Accountant is provided, it must be considered unless contradicted with valid reasons: CESTAT HM praises Gujarat for timely filing charge-sheets in 92 per cent of cases ST - As per trite law, assessee entitled to interest on amount deposited during investigation, from date of deposit until date of refund, and @ 12% per annum: CESTAT Govt announces major infra boost for Maharashtra under PM-JANMAN ST - Appellate authority exceeded its jurisdiction by addressing issues not part of original SCN, new issues cannot be introduced during appellate proceedings: CESTAT 364 trains operated from Prayagraj on Mauni Amavasya: Vaishnaw CX - Advertisement cost incurred by dealer/ distributor shall not be included in transaction/ assessable value of excisable goods manufactured and cleared by dealer: CESTAT

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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 31, 2025 | New Delhi

Net NPAs down from 3.2% to 2.4%: Economic Survey

January 31, 2025 | New Delhi

GCC employs 19 lakh professionals

January 31, 2025 | New Delhi

Govt's share in total health expenditure up from 29% to 48%

January 31, 2025 | New Delhi

Urban-rural gap in consumption expenditure down from 84% to 70%

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

VISION 360 - January 2025

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

January 2025 Edition

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

January 31, 2025

I-T - If AO himself has given clear finding that legal & professional services are rendered by third party and not by assessee and nature of payment is 'reimbursement', then he can't tax same: ITAT

January 31, 2025

TP - Assessee's plea to address warranty provisions written back in transfer pricing assessment can not be entertained directly as said issue was not first raised before DRP: ITAT

January 31, 2025

IBC - Pending investigations for inordinate period cannot deprive accused's right to travel abroad, if he is ready to comply with requisite conditions: HC

January 31, 2025

IBC - Amount seized by Income Department and adjusted against demand prior to initiation of CIRP, can't be considered as assets of corporate debtor: NCLAT

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