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If 'Tariff Man' is serious, World needs to lace up for economic chaos all-around!Canada cracks down on TikTok; orders shutdown of businessI-T-Additions framed warrant being set aside, where Departmental authorities omitted to verify genuineness of creditors, despite evidence being available : ITATNo social media for children below 16 in AustraliaI-T- Assessment order passed in name of a non-existent company which ceases to exist on account of its amalgamation, is rendered void: ITATChina extends support for political transition in MyanmarI-T- As per settled position in law, loans cannot be deemed dividends if the recipient is not a shareholder; employee contributions must be paid on time as per the relevant statutes to qualify for deductions: ITATBeijing arrests AstraZeneca’s boss in ChinaI-T - Assessee is not barred from claiming deduction u/s 80G in respect of donations made to approved institutions even though same is made in discharge of CSR obligation u/s 135 of Companies Act: ITATGerman coalition govt collapses; Chancellor Olaf Scholz fires FM; calls for confidence voteI-T-Disallowance of certain expenses is unwarranted where AO does not doubt genuineness of such expenditures or claims: ITATBiden rushes military aid to Ukraine as Trump is comingI-T- As is trite law, I-T authorities should charge only legitimate taxes, which are liable to be paid; assessees must not be punished for bona fide errors: ITATHurricane Rafael smashes Cuba; Power Grid gives inEC makes seizures of mounds of cash; 3 times more than 2019, in Maharashtra & JharkhandAstronomers detect two Black Holes; Unusual behaviour upsets conventional theoriesST - Burden of proving fraudulent intent lies with the Department, especially when relevant facts are already known to them - penalty u/s 77 & 78 not imposable where assessee is compliant, regularly files returns & cooperates with audits, which suggests no intent to evade tax: CESTATRamaswamy says America deserves a ‘badass Commander-in-Chief’ right now & that’s what it gotIndia, ADB sign USD 200 mn loan to upgrade water supply & sanitation in UttarakhandRiyadh to host WIPO talkfest to conclude Design Law TreatyST - Mobilization advances are not chargeable to Service Tax if treated as advances - Tax paid on mobilization advances is ineligible for Cenvat credit, as these services are not eligible input services: CESTATJapan launches world’s first wooden satelliteDepartment of Revenue achieves 100% target during Special Campaign 4.0CX - Refund under Excise law governed by Section 11B of CEA 1944; right to claim refund is extinguished if not claimed within prescribed time period: CESTATC-DOT, IIT Roorkee sign pact for development of Transceiver for 5G Rural ConnectivityCX - Late invoice receipt issues are subject matter between assessee & the service provider, independent of tax authority involvement; cannot justify claiming refund beyond prescribed time period: CESTATIndia-US Military Cooperation Group meets in New DelhiCus - As is trite law, refund of Special Additional Duty paid by assessee should not be denied on grounds of technicalities, or delays: CESTAT
 
India-US Military Cooperation Group meets in New Delhi

By TIOL News Service

NEW DELHI, NOV 07, 2024: THE 21st edition of India - US Military Cooperation Group (MCG) meeting was conducted from 05 to 06 November 2024 at the Manekshaw Centre, New Delhi. The meeting covered a wide range of topics, including capacity building, training exchanges, defence industrial cooperation and the advancement of joint exercises that bolster preparedness for conventional and hybrid threats.

The meeting was co-chaired by Chief of Integrated Defence Staff Lieutenant General JP Mathew, representing India and Deputy Commander of the US Indo-Pacific Command Lieutenant General Joshua M Rudd, representing the US. Senior officials from both countries took the opportunity to review the ongoing initiatives and explore new areas of cooperation.

Both sides emphasised the importance of the Indo-US defence partnership and committed to strengthening this strategic relationship through proactive engagement and enhanced interoperability. They also reaffirmed their commitment to expanding the scope of Indo-US military cooperation with a shared understanding of the dynamic challenges facing the Indo-Pacific region.

The MCG is a landmark forum aimed at enhancing defence cooperation and fostering strategic and operational defence collaboration between the Armed Forces of both countries. The 21 st MCG meeting represents a step forward in advancing the shared objectives of India and US to ensure regional and global security, counter emerging threats and build mutual capabilities.


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