News Update

CBIC amends tariff value of silver; No change for other commoditiesHigh Level Official Delegation from Mauritius visits National Centre for Good GovernanceGovt hikes Minimum Wages vide enhanced VDA for unorganised workersTRAI mandates whitelisted URLs, APKS, or OTT links for SMS TrafficGST - Rule 86A is not a machinery provision for recovery of tax - Order can be passed only if ITC is available in the taxpayer's ECL - No negative blocking: HCFrance backs India’s membership to Security CouncilGST - No opportunity of personal hearing as was requested while replying to SCN was given - Order set aside: HCJaishankar calls for reforms of WTO, G20 & UNGST - Goods were purchased from SAIL by a third party who sold to petitioner and who subsequently re-sold to consignee - No justification for detention on ground that correct documents were not travelling with truck: HCFamily of 5 found dead in car in TN; Suicide suspectedAlternative Global Value Chain - Is India going to be 'Next China'!IMF okays USD 7 bn loan to support Pak’s sinking economyCus - Unreasoned order - Order spoke for itself - Revenue counsel tries his best to justify order but in the end had to throw in the towel: HCBombay HC quashes govt clearance given after construction in Coastal areaPrevent misuse of s.114AA of Customs ActBrazil keen to ink trade deal with EUGST - Existence or otherwise of principal place of business - A taxpayer's registration cannot be cancelled solely on the basis of some general queries/enquiries from random persons, of which there is no record: HCHarris promises tax credit and investments to US manufacturersCBIC notifies HAG benefits to 22 IRS officersNukes may deflect asteroid threatening earth: ScientistsAfter Iranian death threat, Trump says Iran should be torn into piecesIndia, Australia working to strengthen ECTA through CECA: GoyalUS Intel suggests Russia has secret war drones factory in ChinaSurvey reveals 31% Indians now use e-com platforms for ordering groceryIndia's coal imports see marginal increase amid surge in Power Generation
 
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New Delhi, April 08, 2023
Vibrant Villages Programme - aim to curb out migration; pilot run in Arunachal Pradesh
 
New Delhi, April 03, 2023
G20 symposium on Womens' Empowerment to identify key outcomes
 
Chennai, December 18, 2020
India to be 'toll booth free' in 2 years with GPS tech for collection, says Gadkari
 
Chennai, May 02, 2019
I-T - Properties obtained by retiring partners through family arrangement does not amount to 'transfer' for purposes of capital gain, and hence reconstitution of firm will not attract Section 45(4): HC
 
Mumbai, May 01, 2019
I-T - Revenue cannot withhold genuine refunds of taxpayer in garb of error in their computer system if there is no factual dispute regarding same: HC
 
New Delhi, May 01, 2019
Sales Tax - AO is not obliged to conduct enquiry in any particular manner for rejecting validity of Form F declarations: Sales Tax Appellate Tribunal
 
Hyderabad, May 01, 2019
Cus - Gold bangles brought into country without declaring them cannot be called bona fide personal baggage but only smuggled goods - rightly ordered for confiscation: CESTAT
 
Mumbai, May 01, 2019
I-T - CIT is not permitted to exercise revisional powers u/s 263 in matters of debatable nature: HC
 
Mumbai, April 30, 2019
I-T - Section 115JB(2) as it stood prior to its amendment by virtue of Finance Act 2012, would not be applicable to banking company: HC
 
Jaipur, April 30, 2019
I-T - Share of profit from JV is to be excluded for purpose of computation of book profit U/s 115JB: ITAT
 
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TIOL Tube brings you an interview with former US Secretary of Treasury, Mr. Larry Summers who was recently in Delhi.

AR not Afar by SK Rahman



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