News Update

MoS says IAS no longer confined to an elite sectionCircular Economy Forum in Asia concludes with adoption of Jaipur DeclarationGST - Seizure can be made even on the ground of undervaluation, if undervaluation is deliberate for the purpose of avoiding payment of tax: HCCEA issues guidelines for sharing of fiber cores of Optical Ground WireGST - When a provision of an Act (s.43A) never comes into operation, it cannot be treated as a source of power of a provision of a rule - Rule 36(4) is a valid piece of legislation: HCDRDO conducts high-altitude trials of Indigenous Integrated Life Support System for LCA TejasGST - Time limit to avail ITC has been extended by amendment in s.16 by FA, 2024 - Coupled with notification 22/2024-CT, Petitioner is permitted to make appropriate rectification application under special procedure: HCIndia condemns heckling of Dr Jaishankar by Khalistanis during London visitCus - Period of limitation for seeking refund of customs duty u/s 27 of Customs Act, would not apply qua Extra Duty Deposit: HCTrump likely to ban entry of Pakistanis & AfghansCus - Commissioner (A) can't be blamed for having sent order to earlier address; Taxpayer not even bothered to verify if any order was passed by Commissioner (A) in appeal preferred at its instance: HCTrump to issue Executive Order calling for closure of Education DepartmentRatan Tata to remain a tough role model for rich human values!Cus - Goods are not liable for confiscation u/s 111(d), if in terms of Sec 138 (B), no evidence is adduced to effect to prove that goods in question recovered is alleged act of smuggling: CESTATCanada moves WTO against US tariff measuresST - Excess tax paid is liable to adjusted against later demands; request for adjustment not hit by Notification No. 4/2008 : CESTATTrump’s foreign policy favouring multipolarity suits India: JaishankarST - Assessee provided taxable services as a commission agent for DHL & commission income correctly derived from Form 26AS; duty demands sustained: CESTATUP Police nabs Khalistani operator with ISI linkCX - The procedural error in transitioning credit through an incorrect form did not warrant denial of the credit: CESTATTrump exempts Canadian & Mexican automobiles from tariffs for one monthI-T - If entire transaction is covered within ambit of business activity of assessee and was carried out in pursuance of main objects of company, then compensation as per MOU is to be treated as business income: ITAT12 Chinese hackers indicted in American Treasury Breach caseI-T - At stage of reopening of assessment, AO is not required to prove escapement of income, but to link information received with reason to believe that income has escaped assessment: ITATAmerican diplomats write to Rubio against dismantling of USAIDI-T - If lender companies have provided their bank account statements highlighting withdrawals towards account payee cheque given as loan, then identity of lenders cannot be doubted: ITATTrump says Trudeau using tariffs to stay in powerUS congressional panel asks Americans to avoid buying China-made routersSC says IAS officers often try to rule over IPS & IFS officersI-T- Aditions framed in pursuance of search assessment valid where based on material extracted from regular books of accounts, rather than from material recovered during search: ITATGene Bank to be established to ensure food security: PMTata Electronics, Tata Semiconductor ink fiscal support pact for Semiconductor FabI-T- Additions unsustainable, where assessee-firm successfully explains source of investment, as being derived from capital contributions by 12 partners of the firm: ITATNITI Aayog announces Frontier Tech HubScindia showcases India's Telecom Transformation at MWC 2025Govt's innovation drive to propel Deep-Tech & Sunrise Sectors: MoS
Please login to view this page

Username
Password
Please Solve Math Captcha Below:

 
  Forgot Password!
New User
Register Here!

TIOL Tube Latest

Shri Nitin Gadkari, Hon'ble Union Cabinet Minister, addressing the gathering at TIOL Corporate India Awards 2025 event at JW Marriott, Juhu, Mumbai on 1st March, 2025.



Shri N Chandrasekaran, Chairman, Tata Sons Ltd, addressing the gathering after receiving Business Legend Award 2025 on behalf of Sir Ratan Tata at TIL Corporate India Awards 2025.


Dr P Thiaga Rajan, Hon'ble Minister for IT & Digital Services, Govt of Tamil Nadu, addressing the gathering at TIOL Corporate India Awards 2025.