News Update

Sovereign Gold Bond - Scheme open till Friday; Rs 50 per gram discount offered if payment made in digital modeAnnexure to 11/2017-CTR cries for amendmentApplicant is not allowed to leave live trees intact in the area and hence is bound to cut and remove the wood - transaction is chargeable to GST @18%: AARSubsidy amount received from Govt. for supply of food in Indira Canteens is excluded from definition of consideration: AARSupply of used WTG/Wind Mill with accessories is a composite supply; attracts GST @5%: AARResidential dwelling arranged for Sodexo Food Solutions with facilities is taxable under SAC 997212: AARProduct the applicant is dealing with is undoubtedly sun-cured country tobacco; they are not tobacco leaves which are raw but are cured tobacco attracting GST @28% : AARApplicant developing a Shopping Mall -Being a civil structure, taxes paid on procurement of goods and/or services in its construction are regarded as blocked credits: AARSupply of construction service to land owner in lieu of TDR to promoters is liable to GST @18%: AARLPG Conversion kits attract GST @28%: AARGSTR-3B and Availability of Input Credit - An addendumElderly population to account for 20% by 2050: Health MinisterGlobal economic crisis calls for greater cooperation: FMCus- Demand of duty made by invoking the provisions of section 28, prior to redemption of the goods is totally premature: CESTATCX - Stainless steel pattas and pattis- no evidence that appellant has operated more than two machines in violation of the declaration - SCN is pr esumptive having no legs to stand: CESTATCus- Commissioner has imposed penalty u/s 114A on firm and penalty u/s 112 on proprietor- It is settled law that proprietor and proprietorship firm are a single identity for all purposes: CESTATCX - Structures for which iron and steel items have been used are not integral part of manufacture process yielding sugar and molasses , credit inadmissible: CESTATCX - Even if officers had jurisdiction, a notice should have been issued to such supplier-manufacturer who is alleged to have wrongly assessed and paid excise duty: CESTATCX - Officers at recipient end have no jurisdiction of assessment done by supplier - recipient cannot be expected to understand or anticipate how much duty was actually to be paid by supplier and take credit accordingly: CESTOrder passed by Tribunal without discussing contentions of parties before finalizing the fact of case, is not sustainable: HCReopening of assessment is valid if AO has sufficient material on record to believe that income has escaped being unassessed: ITAThttps://taxindiaonline.com/RC2/caseLawDet.php?QoPmnXyZ=MTUzMzQwVice President presents ‘Most Eminent Senior Citizen Award’ to former AG K ParasaranRs 89 Crore IGST Refund claim scam busted in Delhi
TIOL Accolades
TIOL ACCOLADES

DDT in Limca Book of Records - Fifth Year in a Row

YOUR DDT has entered the Limca Book of Records - AGAIN - in the 2016 edition as the longest running daily online column on tax matters. This is the longest running daily column by a single author on any matter in any publication. This is the fifth time in a row that DDT has entered the Limca Book of Records.

As the citation shows, DDT had completed 2630 issues by June 30, 2015. That is the cut-off date for Limca Book of Records for entries for the year 2016. After that date, DDT has come out with more than 200 issues, as today's DDT is numbered 2845.

DDT is grateful for all the support from the Netizens, the Government and colleagues, who made this possible. DDT 's mission is not to make records, but to make the records straight for you.

 

DDT in Limca Book of Records

DDT in Limca Book of Records - Fourth Time in a Row

YOUR DDT has entered the Limca Book of Records - AGAIN - in the 2015 edition as the longest running daily online column on tax matters. This is the longest running daily column by a single author on any matter in any publication. This is the fourth time in a row that DDT has entered the Limca Book of Records.

As the citation shows, DDT had completed 2385 issues by June 30, 2014. That is the cut-off date for Limca Book of Records for entries for the year 2015. After that date, DDT has come out with nearly 200 issues, as today's DDT is numbered 2562.

DDT is grateful for all the support from the Netizens, the Government and colleagues, who made this possible. DDT will continue its pursuit relentlessly, with your support - We are not to make records, but to make the records straight for you.

 

DDT in Limca Book of Records

DDT in Limca Book of Records - Third Time in a row

YOUR DDT  has entered the Limca Book of Records - AGAIN - in the 2014 edition as the longest running daily online column on tax matters. This is the longest running daily column by a single author on any matter in any publication. This is the third time in a row that DDT has entered the Limca Book of Records.

As the citation above shows, DDT had completed 2137 issues by June 30, 2013. That is the cut-off date for Limca Book of Records for entries for the year 2014. After that date, DDT has come out with nearly 200 issues, as today's DDT is numbered 2323.

DDT is grateful for all the support from the Netizens, the Government and colleagues, who made this possible. DDT  will continue its pursuit relentlessly, with your support - to make the records straight for you. A BIG Thank You !

DDT in Limca Book of Records

DDT Enters Limca Book of Records Again - 2013

YOUR DDT has entered the Limca Book of Records - AGAIN - in the 2013 edition as the longest running daily online column on tax matters. This is the longest running daily column by a single author on any matter in any publication.

As the citation above shows,  DDT had completed 1890 issues by June 30, 2012. That is the cut-off date for Limca Book of Records for entries for the year 2013. After that date, DDT has come out with more than 150 issues, as today's DDT is numbered 2051.

It is a proud moment for all of us in TIOL that we hold the prestigious Limca record, but at the same time, we realize that we are here not for the records but to make the records straight for you.

DDT is grateful for all the support from the Netizens, the Government and colleagues, who made this possible. DDT will continue its pursuit relentlessly, with your support. A BIG Thank You!

DDT in Limca Book of Records

DDT in Limca Book of Records

DDT, TIOL'S longest running column, enters the Limca Book of Records as the longest running daily online column on tax.

DDT completed 1641 issues by June 30, 2011. That was the cut off date for Limca Book of Records for entries for the year 2012. After that date, DDT has come out with more than 150 issues.

A proud moment for all of us in TIOL that we now hold the prestigious Limca record, but at the same time, we realize that we are here not for the records but to make the records straight for you.

DDT is grateful for all the support from the Netizens, the Government and colleagues, who made this possible. DDT will continue its pursuit, with your support. A BIG Thank You!

WTO Certificate of Merit

TIOL Awarded WCO Certificate of Merit

IN a glittering function at Delhi 's National Museum, Chairman of the Central Board of excise and Customs, Shri Dutt Mazumder presented the WCO Certificate of Merit to Shri Shailendra Kumar, CEO of Taxindiaonline.com for rendering exceptional service to the international Customs Community.