SIGN IN SUBSCRIBE

News Update

ISRO beams down images of Maha KumbhST - s.67 of FA, 1994 does not allow inclusion of reimbursable expenses - Bench wonders why review petitions have been filed and moreover with a delay of 305 days - Petitions dismissed on ground of delay and merits; refrains from imposing costs on Revenue: SCCus - The phrase MIMO and LTE Products in Notification No. 24/2005-Cus applies exclusively to products that integrate both MIMO technology & LTE standards; where respondent's WAPs used MIMO technology without LTE, they were entitled to exemption: HCGST - levy of interest u/s 50(3) of CGST Act unjustified, when there is no wrongful utilization of ITC before cut-off date: HCGST - Petitioner's registration was cancelled, therefore, they were not obligated to visit the portal - No evidence that offline notice was issued before order was passed - Order set aside: HCGST - Anti-profiteering case against Real Estate company - NAA orders quashed, matter remanded to CCI in keeping with judgment in Reckitt Benckiser India Pvt Ltd case: HCSimply ComplicatedWTO ties up with WCO to improve cooperation in Customs mattersI-T - Banks are entitled to deduction in respect of broken period interest paid by them on securities: HCDelhi polls - Cops seizes Rs 47 lakh cash in Sangam Vihar areaCBIC promotes 13 officers as Pr Commissioner in HAG gradeTrump hints at 10% tariff on China from 1st Feb; EU also in for tariffsI-T - Object of DTVSV Act or amnesty schemes can't be frustrated by belated expansion of disputes which were never appealed or challenged before appropriate authority: HCJaishankar confabs with US Secretary of State Marco Rubio & National Security Adviser Mike WalzDIA Scheme to support MSME diamond exportersChina develops dual-reactor to convert CO2 into protein for human foodI-T - Decision to reopen concluded assessment must be based on cogent material that can lead to conclusion that assessee's income has escaped assessment: HCTrump announces USD 500 bn AI investment by Oracle, OpenAI & SoftBankGoyal holds bilateral talks with Belgian Foreign Trade MinisterDemocrats’ pushback against Trump’s removal of birthright citizenshipI-T - Reopening notice u/s 148A shall be quashed, if allegations made in notice issued u/s 148A(b) is at variance with grounds raised in order passed u/s 148A(d): HCSpain’s Dy PM quits Musk’s X platformJNPA is largest port with 10+ million TEUs capacity: Sonowal66 charred to death at Turkish ski resortI-T - If no incriminating material is unearthed during search, then AO cannot assess/reassess material in respect of completed assessments/ unabated assessments: HCGita Gopinath at WEF says 26% of Indian workforce exposed to AISukanya Samriddhi Yojana: A decade of transforming livesI-T- Individual assessee not required to maintain books of accounts; cannot be penalised under Section 271AAB, as there was no admission of undisclosed income during search: ITATEU delegation to visit India to improve trade ties: UrsulaMandaviya urges NSFs to follow Good Governance GuidelinesWHO rues withdrawal of US from global health bodyI-T- Additions cannot be sustained where they do not correspond to reasons recorded for reopening; re-assessment quashed too: ITATUNESCO, MeitY host stakeholder consultation on AI ReadinessI-T - Wife cannot be held liable for penalty u/s 271D based on acts/omissions on behalf of her deceased husband, who was only director in company which has violated provisions of Sec 269SS: ITAT
 
MoD inks MoU with BEML, BEL & MIDHANI for indigenous development of Advanced Fuelling System

By TIOL News Service

NEW DELHI, MAR 04, 2024: MINISTRY of Defence has signed a tripartite Memorandum of Understanding (MoU) with BEML Limited, Bharat Electronics Limited (BEL) and Mishra Dhatu Nigam Limited (MIDHANI) for indigenous development of Advanced Fuelling and Control System for Engines for heavy duty applications. The MoU was inked with Chairman & Managing Director, BEML Limited  Shantanu Roy; CMD, MIDHANI Dr SK Jha; and CMD, BEL  Bhanu Prakash Srivastava, in the presence of Defence Secretary Giridhar Aramane in New Delhi on March 04, 2024.

This collaborative initiative will focus on leveraging indigenous capabilities to design, test, and manufacture an Advanced Fuelling and Control System that offers enhanced efficiency, performance, and reliability. By harnessing the latest advancements in engine technology and control systems, the companies aim to extend their domain expertise for development of engine systems which will ensure self-reliance in the field of Combat vehicles. The MoU corroborates the resolve of the Government to develop complex technologies within the country under the ‘Aatmanirbhar Bharat' initiative.


POST YOUR COMMENTS
   



TIOL Tube Latest

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

TOP NEWS


AR not Afar by SK Rahman

VISION 360



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

TII LATEST

TIOLCORPLAWS LATEST