TIOL - Tax News, GST, Income Tax, Service Tax, Customs, Central Excise, International Taxation, Fiscal Policy, Monetary Policy, Economy, Revenue, Judicial Decisions, Tax Rulings & Tax Videos

News Update

Trump gifts 20,000-pound bombs to Israel Pak Military claims to have killed 30 terrorists in Khyber Pakhtunkhwa province Govt notifies United Pension Scheme for govt employees - 50% of basic over last 12 months Padma Awards 2025 - 7 Padma Vibhushan + 19 Padma Bhushan + 113 Padma Shri - Bibek Debroy, Sushil Modi, Pankaj Udhas get posthumously Govt asks Airlines to go soft on airfares for Maha Kumbh flights 80K drugs seized in MP consigned to fire at Neemuch’s cement factory CIA revives Covid-19 origin row, says ‘more likely’ came from lab Trump goes to Las Vegas to fathom tax on tips Trump says he may consider rejoining WHO Musk joins Germany’s far-right campaign video I-T - Dept. can't restrain/ prohibit taxpayer from claiming Sec 87A by modifying their utility by which such taxpayer is forbidden at threshold itself from making such claim: HC India, Indonesia to work together in defence manufacturing, says Modi 4 Addl Judges join Telangana HC American SC okays extradition of 26/11 accused Rana CBIC cautions against fake and fraudulent summons for GST violations Trump Administration officially renames Gulf of Mexico as Gulf of America CX - Parts of railway diesel locomotive are more appropriately classifiable under heading CETH 86079100: CESTAT German makes new record by living under water for 120 days America suspends all foreign aid except for Egypt & Israel GeM achieves milestone of processing 49,960 orders in single day 100 dead dolphins spotted on Somali coast Meta to spend USD 65 bn into AI tools in 2025 Blast at ordnance factory in Maharashtra’s Bhandara district; 4 persons killed, 5 injured DoT acts on spoofed calls based on reporting by citizens on App

Carousel

January 25, 2025

I-T - Dept. can't restrain/ prohibit taxpayer from claiming Sec 87A by modifying their utility by which such taxpayer is forbidden at threshold itself from making such claim: HC

January 25, 2025

I-T - Facility to raise claim, which was very much available till certain date, can't be abruptly discontinued simply because revenue officials, acting in their administrative capacities, felt that such claim was untenable: HC

January 25, 2025

I-T - Dept. can't resolve ambiguity in provisions by adopting interpretation favouring itself through device of simply tweaking utility and preventing assessee from even raising claims: HC

January 25, 2025

I-T - Orders passed u/s 147 r.w.s. 144B have not become non-est or invalid order just because AO has accepted returned income: ITAT

January 25, 2025

I-T - If AO has not brought on record in reasons recorded, fault of assessee in not disclosing true & full facts of case, then he cannot reopen assessment: ITAT

View Today's updates»

View All»

January 25, 2025

CX - Parts of railway diesel locomotive are more appropriately classifiable under heading CETH 86079100: CESTAT

January 25, 2025

CX - In absence of any finding as to intent of suppression, allegation of wilful misclassification and intention to evade duty is not tenable: CESTAT

January 25, 2025

CX - Once goods are correctly described, bona fide adoption of classification by importer can't be equated with misdeclaration: CESTAT

January 24, 2025

GST - Respondent has got confused by equating Composition Levy with Compensation Cess: HC

January 24, 2025

GST - Petitioner need not be relegated to arbitration as enshrined in agreement with a Government-run entity, where no disputed questions of fact exist: HC

View Today's updates»

View All»

January13, 2025

Income Tax Refund: Can it be managed better?

January03, 2025

Data Mismatch & GST: Income Tax offers time-tested key to resolution

December 23, 2024

India: Pillar Two: Qualified Refundable Tax Credit

November 20, 2024

Trading in Crypto: Let there be interim VDA Exchanges until law is made

View All»

January 23, 2025

'Putin-isation Bug' bites Trump! World braces for 'Trumpnados'!

January 16, 2025

Wilting China to face formidable trade pushbacks in 2025!

January 09, 2025

Superrich tax: India demurs but geopolitics favours such levy!

January 02, 2025

Popcorn Saga: Time for GST 'shakers' to do quiet rumination!

View All»

View All Cob(Web)s on GST»

Income Tax Notification	09
Income Tax Circular	01
Customs Tariff Notification	02
Customs NT Notification	04
Customs Circular	02
Anti Dumping Notification	28
DGFT Notification	54
DGFT Public Notice	42

CGST Rule Notification	06
CGST Rate Notification	08
CGST Circular	243
IGST Rule Notification	04
IGST Rate Notification	08
UTGST Rate Notification	08
UGST Rule Notification	02
Cess Rate Notification	01

January 22, 2025

January 15, 2025

January 08, 2025

January 01, 2025

December 25, 2024

The Coconut Oil Story - Tale of Tresses and Taxes

View All»

January 24, 2025 | By K S Naveen Kumar

The elusive GST Appellate Tribunal

January 21, 2025 | By Neeraj Prasad

Importing 'Dates'- The Country of Origin conundrum

January 20, 2025 | By Rajat Dosi

India's ambitious 'Customs ONE' Plan

January 08, 2025 | By Hunny Munjal

Legality of Cash and Asset Seizure - Judicial Precedents and Interpretative Analysis

View All»

January 20, 2025

Sankalp Se Siddhi - Dr Manmohan Singh's way

November 23, 2024

Depleting Coffers - Regulating Political Guarantees is the need of the hour

October 16, 2024

Introspect Exuberance Over FATF's Report on India

August 05 , 2024

Longest 'Glide Path' for 'Nimble' Fiscal Policy Deepens Uncertainty

View All»

December 04, 2024

G20 declaration - Taxing super-rich's wealth - Making Modi Govt. accountable

October 09, 2024

The Elephant should retreat!

August 12, 2024

Persisting Flaws & Opacity Curb GST as 'Still Work in Progress'

June 07, 2024

Couple Fiscal-linked Electoral Reforms with One Nation, One Election Vision

View All»

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 25, 2025 | New Delhi

CBIC cautions against fake and fraudulent summons for GST violations

January 25, 2025 | New Delhi

Davos: Vaishnaw highlights export-led growth and inclusive development

January 25, 2025 | New Delhi

GeM achieves milestone of processing 49,960 orders in single day

January 25, 2025 | New Delhi

BEE, TERI sign MoU to establish Centre of Excellence on Energy Transition

View All»

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

View All»

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

January 2025 Edition

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

January 24, 2025

I-T - Whether entity is PE of foreign company or not, is 'fact-specific' issue which must be examined separately for different tax periods: HC

January 24, 2025

I-T - If there is no change in factual matrix & business operations of assessee in relevant year, as compared to earlier & subsequent years, then taxation of assessee's revenue may be based on MAP resolution: ITAT

January 24, 2025

IBC - If default is committed by Corporate Debtor prior to Sec 10A period, any default committed during Sec 10A period will not bar application which is filed on basis of default prior to Sec 10A and subsequent to Sec 10A period: NCLAT

January 24, 2025

IBC - Once resolution plan including revised plan submitted by RP is disapproved by CoC, fresh plan can be submitted by same resolution applicant in freshly issued invitation to expression of interest: NCLAT

Income Tax	Customs	Excise	Service Tax	FEMA	DGFT	SEZ	Misc	Pitara	Budget
Faceless Scheme Direct Tax Vivad se Vishwas Black Money Basket Benami Act BM Cases e-Assessment Notifications Circulars Instructions SC Cases HC Cases ITAT Cases Advance Ruling Other Cases Directorate of Income Tax (Systems) Citizen's Charter Reports	Tariff Notfn Valid Tariff Notfn Non Tariff Notfn Valid Non-Tariff Notfn Circulars Customs Tariff Act Import Tariff Export Tariff SC Cases HC Cases Cestat Cases Safeguard Duty Notfn Advance Ruling Anti-dumping Notfn Settlement Drawback Cases CVD MISC Circulars N T/CAA/DRI Customs Rules	Sabka Vishwas Scheme 2019 Central Excise Bill 2024 Valid Non Tariff Notfn CCRs - 2017 Central Excise Rules Valid Tariff Notfn Tariff Notfn Non Tariff Notfn Circulars SC Cases HC Cases Cestat Cases Advance Ruling Cesses Notifications Excise Amendment MISC Circulars Settlement Commr.(A) Order Tribunal	Sabka Vishwas Scheme 2019 Accounting Head Notifications Service Tax Rules Circulars SC Cases HC Cases Cestat Cases Advance Ruling FAQ Finance Act, 1994 Commr. (A) Orders Removal of Difficulty VCES Miscellaneous	FEO Act DIPP Notification FDI Approved Exchange Manual Fema Notifications SC Cases HC Cases RBI Notifications RBI Circulars Act Rules Regulations Master Circulars PMLA Notifications Depository Scheme Press Note	Notifications Circulars Public Notices Trade Notice FTDR Amendment 2010 MISC	SEZ - Annexures & Forms Notifications Instructions Act 2005 Rules 2006 DGEP State Acts State Policy MISC	SC Cases HC Cases VAT Cases Miscellaneous	TPRU Service News Promotion Transfer Deputation Posts Cadre Review Transfer Policy Training Circulars Recruitment Rules Pay Commission Service Cases Empanelment MISC	Budget Speeches Union Budgets Economic Surveys TRU - D. O. Letter Finance Acts Finance Bill Budget Circular Finance Commission

News Update

TODAY'S CASE (DIRECT TAX)

TODAY'S CASE (INDIRECT TAX)

The Policy Lab by J B Mohapatra

The Cob(Web) by Shailendra Kumar

What's New (Others)

What's New (GST)

JEST GST by Vijay Kumar

Guest Column

Ice Cubes by Naresh Minocha

Tiol Edit

TIOL Tube Latest

TOP NEWS

AR not Afar by SK Rahman

VISION 360

TII LATEST

TIOLCORPLAWS LATEST