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CBIC notifies Customs exchange rates Murdoch steps down as Chairman of Fox media; hands over baton to son Lachlan Murdoch India to host 17th International Congress on Chemistry of Cement DGCA suspends flight safety regulator of Air India Passengers carried by Domestic airlines register annual growth of 38.27%Truck runs through food dhaba in UP; 4 killed and 2 injured Xi Jinping looks firm to stick to BRI - 'Below the Belt' Scheme!Govt announces guidelines of PM Vishwakarma Scheme EPFO records highest payroll addition with 18.75 lakh in July National Medical Commission gets WFME Recognition Status for 10 Years Visit to Canada: India calls for ‘utmost caution’DGFT delists 29 agencies authorised to issue Certificates of Origin Fed sits tight; decides not to hike interest rate for now UK to go slow banning sale of diesel cars I-T- Addition for unexplained cash credit can sustain as issue failed to meet test of creditworthiness and genuineness : HC PM invites Joe Biden as Chief Guest for 2024 Republic Day Parade

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September 21, 2023

I-T- It is material which AO has in his possession when he forms belief and not what he gathers thereafter, that is relevant to test tenability of reassessment proceedings : HC

September 21, 2023

I-T- Application u/s 12AA & 80G rejected for not being filed electronically - the condition of filing form electronically was not conveyed to applicant & electronic form 10A was not available at time of filing - rejection of applications is unsustainable: HC

September 21, 2023

I-T- Addition for unexplained cash credit can sustain as issue failed to meet test of creditworthiness and genuineness : HC

September 21, 2023

I-T-Re-assessment order is invalidated where the AO does not consider reply submitted by the Assessee to Show Cause Notice issued : HC

September 21, 2023

I-T- Where relevant information relied on by AO before passing order is not put to assessee, then assessee's ability to file contentions against such order is compromised - order merits being quashed: HC

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September 21, 2023

CX - When there is enough reason to justify the delay of twenty three days ideally such delay should have been condoned and appeal heard on merits, matter remanded to decide on merits: CESTAT

September 21, 2023

CX - Proper verification of input services invoices has been carried out and found to be eligible input services, therefore, no infirmity found in impugned order dropping the demand: CESTAT

September 21, 2023

ST - Inasmuch as entire information was in knowledge of Revenue, SCN should have been issued within normal period of one year whereas same was issued after prescribed limit of one year, demand raised in SCN is clearly time-barred: CESTAT

September 20, 2023

ST - Revenue having appropriated duty liability as well as interest, had issued SCN, wherein proposal was made again to appropriate the amount already paid and also thereby proposing penalty, the penalty so levied is deleted since there was no loss to exchequer: CESTAT

September 20, 2023

Cus - Import of goods under Tariff Item No.63090000 is restricted and their import is allowed only against valid specific license, thus Adjudicating Authority has correctly imposed redemption fine and penalty @ 19.5% & 7.8% of assessed value: CESTAT

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September 11, 2023

Publicity Rights: A Taxman's Perspective

August 18, 2023

Removal of Justices in USA & India: A comparative analysis!

August 08, 2023

ESG Investments in India: Need to rewire reporting standards!

July 21, 2023

Liberalised Remittance Scheme: Time for relook at Rule 37BB of I-T Act

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September 21, 2023

Xi Jinping looks firm to stick to BRI - 'Below the Belt' Scheme!

September 14, 2023

G20 Summit: New Delhi deserves a chortle! Mwahahaha!

September 07, 2023

Future of Chinese economy: 'Japanification' is on the cards!

August 31, 2023

BRIC, BRICS, Brickbats & Bouquets!

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Income Tax Notification	73
Income Tax Circular	16
Customs Tariff Notification	56
Customs NT Notification	68
Customs Circular	23
Anti Dumping Notification	09
DGFT Notification	31
DGFT Public Notice	31

CGST Rule Notification	46
CGST Rate Notification	10
CGST Circular	201
IGST Rule Notification	01
IGST Rate Notification	10
UTGST Rate Notification	10
UGST Rule Notification	02
Cess Rate Notification	03

September 20, 2023

A Dramatic DGGI case that...

September 13, 2023

Respect for law - a one-way street?

September 06, 2023

Cancellation conundrum

August 30, 2023

Damned if you do, damned if you don't

August 23, 2023

Judicial Indiscipline

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September 14, 2023 | By Gurinder Pal Singh

Exemption to 'Local Authority' unraveled!

September 11, 2023 | By Dr Sanjay Kalra

Taxability of 'Keyman Insurance Policy'

September 07, 2023 | By Pawan Arora

Analysis of Valuation Provision for Online Gaming & Online Money Gaming

September 06, 2023 | By Pratap Singh

Digitalization and e-Governance: Income Tax Perspective

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August 07, 2023

An urgent need to revive Consensus Politics

June 19, 2023

Achieve forgotten targets by unveiling rail safety blueprints

May 17, 2023

Don't let ONGC Petro additions Ltd. turn into a failure

April 26 , 2023

Shuddhi Yagna on SEZs calls for a DESH Ordinance

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August 31, 2023

Centre's Fiscal Stance stirs both Positive & Negative vibes

July 17, 2023

India to become global economy's prime mover

June 21, 2023

Review 9 years of Innovative Tax Reforms to set Amrit Kaal agenda

May 25, 2023

Rs 2000 Notes Recall Should Turn Focus on Black Money & Currency Reforms

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TIOL Tube

GST Council Recommendations - Time for ’Peek & Poke’!

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

September 2023 Edition

September 21, 2023 | New Delhi

India to host 17th International Congress on Chemistry of Cement

September 21, 2023 | New Delhi

Passengers carried by Domestic airlines register annual growth of 38.27%

September 21, 2023 | New Delhi

Govt announces guidelines of PM Vishwakarma Scheme

September 21, 2023 | New Delhi

G20 4th Infra Working Group Meeting to be held in Khajuraho

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Mr. Nikhil Gupta, Global Indirect Tax Lead, Wipro Enterprises Pvt Ltd sharing his thoughts at the TIOL Awards 2022 event.

September 21, 2023

I-T - Once assessment order is passed, rightly or wrongly, assessment proceedings come to end and DRP would have no power to pass any directions contemplated u/s 144C(5): HC

September 21, 2023

I-T - Consideration received from sale of 'off-shelf software' cannot constitute 'royalty': HC

September 21, 2023

Competition Act - Considering structure of market, Informant can supply books to number of institutions/organisations and does not seem to be dependent on any of OPs for survival of its business: CCI

September 21, 2023

IBC - Fresh settlement agreement can not be taken on record as very execution of Agreement dated 01.04.2021 is denied by Financial Creditor: NCLAT

Mr. Vishweshwar Mudigonda, Partner, Deloitte Touche Tohmatsu India LLP sharing his thoughts at the TIOL Awards 2022 event.

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