News Update

ST - Chit Funds - Tax was not paid under mistake of law but upon demand by tax authorities - Refund not having been filed within time was rightly rejected: HCGST - Without considering the reply on merits, proper officer, without applying his mind has held that the reply is filed is unsatisfactory and, therefore, he is left with no alternative but to create demand - Order set aside and matter remitted: HCGST - Cancellation of registration retrospectively - Show Cause Notice and the impugned order are bereft of any details, accordingly the same cannot be sustained: HCGST - Registration could not have been cancelled retrospectively for the period for which returns were filed and taxpayer was compliant: HCGST - Notfn 11/2017-CTR amended by 03/2022-CTR - Work contracts executed before 18 July 2022 - Petitioners should file refund claims before respondent authorities agitating their grievance and the same be examined and orders passed within four months: HCItaly imposes USD 10 mn fine on Amazon for unfair business practicesGST - Entire tax liability has been realised by appropriating the amount from the petitioner's bank account, therefore, Revenue interest stands fully secured - Since tax proposal was confirmed without participation of petitioner, order set aside and matter remanded: HCCaste Census is my mission, says RahulRight to Sleep - A Legal lullabyUS warns Pak of punitive sanctions against trade deal with IranI-T- Income surrendered before approaching Settlement Commission not covered u/s 115BBE, where this provision did not exist during relevant AYs: HCChinese companies decry anti-subsidy probe by EUI-T- Entire interest expenditure is allowable as deduction if loan funds is not diverted for non-income earning activities/personal purposes : ITATUK’s key water supplier, Thames Water, slips into financial quagmireI-T- Sale consideration cannot be considered as unexplained cash credit if sale takes place in online platform and sale consideration is received through stock broker in banking channels : ITATUK to send military aid package worth USD 619 mn to UkraineI-T- Section 69C includes expenditures reflected in account books, as well as those discovered during Search & Seizure for which no valid explanation is forthcoming from assessee: ITATUS regulator bans non-compete agreements by employeesI-T- Penalty imposed u/s 273B upheld where assessee unable to provide just cause for failure to file audit report within prescribed due date as per Section 44AB: ITATPalestinian PM unveils new reform packageI-T- Assessee cannot contest validity of penalty notice on grounds of irrelevant provision not being struck off, by highlighting such defect for the first time before ITAT itself: ITATAir India, Nippon Airways join hands for travel between India and JapanGovt receives 7 bids for giga-scale Advanced Chemistry Cell under PLI10 killed as two Malaysian Military copters crashI-T- Lower authorities erred in disallowing long term capital loss : ITATSC grills Baba Ramdev & Balkrishna in misleading ad case1351 candidates to contest in phase 3 of LS ElectionsI-T- Revisionary order u/s 263 invalidated where passed in ignorance of repeated factual submissions to prove that original assessment order is not erroneous or prejudicial to revenue's interests: ITATIndian Coast Guard, Oman Coast Guard to jointly combat transnational illegal activities at seaST - Department cannot retain any amount which is otherwise not payable by the Assessee; nothing acts as embargo on assessee's right to demand refund of tax paid under misaken notion: CESTATAFMS, ICMR join hands to undertake biomedical research for Armed ForcesCus - If noticee seeks Cross Examination of such persons, same should be granted, appellant will produce all documentary evidence before Adjudicating Authority in support of their claim that seized gold is part of their normally procured gold in course of their commercial transactions: CESTAT
 
Nagpur to host NDRF Academy; HM inaugurates Fire Service College Campus

 

By TIOL News Service

NEW DELHI, JAN 03, 2020: THE Union Minister for Home Affairs, Mr Amit Shah, yesterday dedicated to the Nation the new campus of the National Fire Service College (NFSC) in Nagpur. The Home Minister presented Fire Service Gallantry Medals and awards to meritorious students of the NFSC during the event. Further, he also laid the foundation of the National Disaster Response Force (NDRF) Academy at Nagpur. Mr Shah also announced Subhash Chandra Bose Award in the field of Disaster Management.

The HM paid tributes to the martyred fire services officers and talked about how Modi government has given importance to institutionalise the capacity building in the field of Fire Services and National Disaster Management by building dedicated institutions like NFSC and NDRF Academy, which have been neglected for the past 70 years.  He expressed hope that though fire services is a State subject, all States would have a better coordination with the Centre to fight fire disasters through the NFSC. The Minister added that the government has allocated over Rs. 200 crores for the modernisation of the NFSC. He talked about the short and long term courses that would be run in this institution.

The Home Minister expressed pride that due to sustained efforts of Modi government since 2016, NDRF has emerged as the leading disaster management force globally and it has achieved all benchmarks under Sendai Framework for Disaster Risk Reduction. He said the Nation came a long way over the last two decades in its response to disasters and improved its capabilities in minimising losses of human lives and damage to the economy. He cited the Odisha super cyclone in 1999 in which more than 10,000 people had died, in comparison to the recent cyclone ‘Fani’ that claimed 64 lives, which reflected the huge capabilities built in Disaster Response mechanisms. In the other words, in a little over a decade, India has been able to reduce the loss of lives to less than 1% in the comparisons to that of past, he said.


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.