News Update

CDS Gen Anil Chauhan to chair Parivartan Chintan - IICus - Warehousing of imported solar panels/solar modules - Instruction dated 9 th July 2022 appears to travel far beyond the advisory and clarificatory function which stands placed in the Board by virtue of s.151A of CA, hence quashed: HCPhase III: EC records 65.68% voter turnoutCus - Petitioner had opted for conversion from a less rigorous procedure of availing Duty Drawback Scheme to a more rigorous procedure under Advance Authorisation Scheme and as per Circular 36/10-Customs, same was not possible: HCDRDO organises two-day National Symposium & Industry Meet on 'Emerging TechnologiesCX - Respondents cannot go beyond the Reward Scheme as no discretion is vested with them to release any amount towards the reward, before finalization of the proceedings against assessee: HCGST - Petitioner is given liberty to manually file an appeal against impugned order regarding transitional credit of SGST for which they had valid evidence for payment of VAT of same amount: HCGST - For the period for which return was filed, registration cannot be cancelled retrospectively: HCHas Globalisation favoured capital more than labour? Can taxing super-rich help?GST - SC asks Govt not to use coercion for recovering arrearsChanging Tax Landscape in IndiaPrivate equity funds pouring in India’s healthcare sectorInterpretation of StatutesGoogle, Microsoft move Delhi HC against order to erase non-consensual intimate images16th Finance Commission invites views from general public on terms of referenceEvery party committed to ensure PoK returns to India; Jaishankar695 candidates to contest LS elections in Phase 5Astronomers’ efforts lead to discovery of a rocky planet with atmosphereCSIR hosts Student-Science Connect program on Climate ChangeVolkswagen asks EU not to raise tariffs on EVs from ChinaI-T - Assessee given insufficient time to file reply to Show Cause Notice; assessment order quashed; matter remanded for reconsidering assessee's replies: HCChina blocks imports from Intel & QualcommI-T - Assessee has 5 email IDs & responded to communications received on one of these IDs; Assessee cannot claim to have been denied an opportunity of personal hearing before passing of order: HCRecord rainfall damages over 1 lakh homes in Brazil; over 100 lives lostI-T- Additions framed u/s 68 r/w Section 115BBE are unwarranted where assessee duly explains nature & source of cash receipts, through sufficient documentation: ITATRussia bombards Ukraine’s power supply; Serious outages fearedI-T- Re-assessment cannot be resorted to beyond 4 years from end of relevant AY, where assessee has not failed to file ITR or to make full & true disclosure of facts necessary for assessment: ITATIndia received foreign remittance of USD 111 bn in 2022, says UNI-T- Receipt of subscription fees can't be considered as commercial activity: ITATPitroda resigns as Chairman of Indian Overseas Congress over racist remarkST - In case of payment received through cheque, it is the date of honouring cheque, which has to be construed as date of receipt of advance payment and since amount was received by appellant on or after appointed date, appellant would not be entitle to benefit of exemption notification: CESTAT86 flights of AI Express cancelled as crew goes on mass sick leaveCus - When undervaluation of goods is alleged solely based on value of contemporaneous imports, all details relating to such imports are to be necessarily established by Revenue: CESTAT
 
Legislative business during Winter Session: Seven Bills passed by both Houses

By TIOL News Service

NEW DELHI, DEC 23, 2012: THE Winter Session of Parliament, which has just concluded, had 20 sittings spread over a period of 29 days. 

In the Lok Sabha, a Short Duration Discussions under Rule 193 was held on need for uniform education system.

In Lok Sabha three Calling Attentions were held on (i) Spread of Dengue and Chikengunia in the Country; (ii) Plight of coconut growers in Tamilnadu leading to starvation death; and (iii) Dilution of Jute packaging materials and in Rajya Sabha one Calling Attention was held on situation arising out of suspension of Indian Olympic Association (IOA) by International Olympic Committee (IOC).

Bills with significant importance and emphasizing the Government policy of liberalization of the economy such as (i) the Prevention of Money Laundering (Amendment) Bill, 2011; (ii) the Banking Laws (Amendment) Bill, 2011; and (iii) the Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Bill, 2011 were passed by both the Houses during this Session.

One of the important features of the Session was that several bills including FDI and matters related to FEMA, Constitution Amendment Bills etc. could be steered through “division of vote”, exhibiting Government's resoluteness and better preparedness.

During the Session, 9 Bills (7 in the Lok Sabha and 2 in the Rajya Sabha) were introduced.  The Lok Sabha passed 7 Bills and the Rajya Sabha passed 8 Bills during the session. Total number of Bills passed by both Houses of Parliament during the Session is 7. A list containing the titles of the Bills introduced, considered and passed during the Session is annexed.

Legislative Business Transacted During 12th Session of Fifteenth Lok Sabha and 227 th Session of Rajya Sabha

(Winter Session, 2012)

I – BILLS INTRODUCED IN LOK SABHA

1. The Coal Mines (Conservation and Development) Amendment Bill, 2012

2. The Central Universities (Amendment) Bill, 2012

3. The Criminal Law (Amendment) Bill, 2012

4. The Competition (Amendment) Bill, 2012

5. The Appropriation (No.4 ) Bill, 2012

6. The Governors (Emoluments, Allowances and Privileges) Amendment Bill, 2012

7. The Constitution (Scheduled Tribes) Order (Second Amendment) Bill, 2012

II – BILLS PASSED BY LOK SABHA

1. The Prevention of Money Laundering (Amendment) Bill, 2011

2. The Unlawful Activities (Prevention) Amendment Bill, 2011

3. The Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Bill, 2011

4. The Appropriation (No.4) Bill, 2012

5. The Constitution (One Hundred Eighteenth Amendment) Bill, 2012

6. The Banking Laws (Amendment) Bill, 2011

7. The Companies Bill, 2012

III – BILLS INTRODUCED IN RAJYA SABHA

1. The Child Labour (Prohibition and Regulation) Amendment Bill, 2012

2. The Indecent Representation of Women (Prohibition) Amendment Bill, 2012

IV – BILLS PASSED BY RAJYA SABHA

1. The North Eastern Areas (Reorganisation) Amendment Bill, 2012

2. The Prevention of Money- Laundering (Amendment) Bill, 2012

3. The Constitution (One Hundred Seventeenth Amendment) Bill, 2012

4. The Appropriation (No.4) Bill, 2012

5. The Constitution (One Hundred Eighteenth Amendment) Bill, 2012

6. The Unlawful Activities (Prevention) Amendment Bill, 2012

7. The Banking Laws (Amendment) Bill, 2012

8. The Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Bill, 2012

V - BILLS PASSED BY BOTH HOUSES

1. The North Eastern Areas (Reorganisation) Amendment Bill, 2012

2. The Prevention of Money-Laundering (Amendment) Bill, 2012

3. The Appropriation (No.4) Bill, 2012

4. The Constitution (One Hundred Eighteenth Amendment) Bill, 2012

5. The Unlawful Activities (Prevention) Amendment Bill, 2012

6. The Banking Laws (Amendment) Bill, 2012

7. The Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Bill, 2012


POST YOUR COMMENTS
   

TIOL Tube Latest

Shri N K Singh, recipient of TIOL FISCAL HERITAGE AWARD 2023, delivering his acceptance speech at Fiscal Awards event held on April 6, 2024 at Taj Mahal Hotel, New Delhi.


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