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News Update

FDI inflows slide to USD 26.5 bn in 2024 from USD 42 bn in 2023: Economic Survey Economic Survey projects GDP growth rate of 6.5% to 7% in current fiscal SC stays UP Govt order for eateries to display names of owners PM appeals to all MPs - Let’s work unitedly for India Appeal on Denial of Cross Examination Biden decides to exit Presidential race; backs Kamala Harris as party nominee Income-Tax conducts Taxpayers Outreach Program at RINL, Vizag Nippon Steel hires Mike Pompeo to lobby for US Steel purchase Scindia releases 'The Future is Now' as theme for India Mobile Congress 2024 Houthis vow massive retaliation strike at Israel Digboi Refinery capacity to expand to 1 Million Tonnes: Sonowal China, Philippines arrive at understanding in South China Sea dispute Centre discusses draft rules for measuring moisture level in cereal grains and oilseeds China cuts interest rate to revive economy India Post recommends international Rakhi shipments by 31st July Mega wildfire in Alberta & British Columbia in Canada I-T- Re-assessment proceedings are invalidated where mandate of Section 148A is not satisfied, in the sense that less than 7 days' time is provided for filing reply to SCN: HC Residents in Spanish town protest against mass tourism I-T-Re-assessment is invalidated where based on change of opinion: HC Kerala boy infected by Niaph virus is dead: Health Minister I-T- Since mistake made is subsequently rectified, addition made u/s 68 is not justifiable: ITAT Karnataka HC recalls order stating only watching pornography is no offence under I-T Act Israel strikes at ammunition depot of Hezbollah in Lebanon & Houthis’ port in Yemen

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TIOL Tube

Dr. Shailendra Kumar, Chairman, TIOL Knowledge Foundation, addressing the gathering

July 22, 2024 | New Delhi

Income-Tax conducts Taxpayers Outreach Program at RINL, Vizag

July 22, 2024 | New Delhi

Scindia releases 'The Future is Now' as theme for India Mobile Congress 2024

July 22, 2024 | New Delhi

Digboi Refinery capacity to expand to 1 Million Tonnes: Sonowal

July 22, 2024 | New Delhi

Centre discusses draft rules for measuring moisture level in cereal grains and oilseeds

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July 22, 2024

Appeal on Denial of Cross Examination

July 08, 2024

Refund Arising out of Finalisation of Provisional Assessment

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

July 2024 Edition

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

July 22, 2024

DTAA - Capital loss, after being carried forward, can be set off only against income under the head capital gains; existence of a taxable income is precondition for a set of losses against such income: ITAT

July 19, 2024

TP - Comparable company merits being excluded from list of comparables, where it is functionally dis-similar in comparison to assessee: ITAT

July 22, 2024

Co Act - Non-filing of annual returns and financial statements is valid ground to strike off name of company from ROC and leading to de-activation of the DIN and DSC : HC

July 22, 2024

PMLA, 2002 - Non-attachment of property would not frustrate proceeding under PMLA, 2002 : TRIBUNAL

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