News Update

Apple China tosses out WhatsApp & Threads from App store after being orderedChina announces launch of new military cyber corpsRailways operates record number of additional Trains in Summer Season 2024GST - Assessing officer took into account the evidence placed on record and drew conclusions - Bench is, therefore, of the view that petitioner should present a statutory appeal: HC1st phase polling - Close to 60% voter turnout recordedGST - Tax liability was imposed because petitioner replied without annexing documents - It is just and appropriate that an opportunity be provided to contest tax demand on merits, albeit by putting petitioner on terms: HCMinistry of Law to organise Conference on Criminal Justice System tomorrowGST - To effectively contest the demand and provide an opportunity to petitioner to place all relevant documents, matter remanded but by protecting revenue interest: HCGovt appoints New Directors for 6 IITsGST - Petitioner has failed to avail opportunities granted repeatedly - Court cannot entertain request for remand as there has been no procedural impropriety and infraction of any provision by assessing authority: HCNexus between Election Manifesto and Budget 2024 in July!GST - Classification - Matter which had stood examined by Principal Commissioner is being treated differently by Additional Commissioner - Prima facie , approach appears to be perverse: HCI-T- Denial of deduction u/s 80IC can create perception of genuine hardship, where claimant paid tax in excess of what was due; order denying deduction merits re-consideration: HCIsrael launches missile attack on IranEC holds Video-Conference with over 250 Observers of Phase 2 pollsGermany disfavours Brazil’s proposal to tax super-richI-T- If material found during search are not incriminating in nature AO can not made any addition u/s 153A in respect of unabated assessment: ITATGovt appoints Dinesh Tripathi as New Navy ChiefAFMS, IIT Kanpur to develop tech to address health problems of soldiersFBI sirens against Chinese hackers eyeing US infrastructureKenya’s top military commanders perish in copter crashCBIC notifies Customs exchange rates w.e.f. April 19, 2024Meta shares ‘Most Intelligent’ AI assistant built on Llama modelDengue cases soaring in US - Close to ‘Emergency situation’: UN Agency
 
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Hyderabad, May 04, 2017
I-T - No Race club is obligated to withhold tax on payments made to other turf clubs merely for utilizing their braodcasting facility, in absence of principal agent relationship between them
 
Mumbai, May 04, 2017
Cus - When there was no law for imposition of interest prior to 13.07.2006, there is no question of enforceability of levy thereof: CESTAT
 
Mumbai, May 04, 2017
ST – Amount received towards foreclosure of loans, whether chargeable to service tax - President requested to constitute LB as expeditiously as possible to reduce litigation and protect interest of justice: CESTAT
 
Mumbai, May 04, 2017
CX – Duty can be demanded from consignor only where goods are diverted without delivery of goods to consignee against CT-3 certificate: CESTAT
 
New Delhi, May 03, 2017
SC directs Essar to cough up electricity tax of Rs 1038 Crore to Gujarat
 
Mumbai, May 03, 2017
ST - Executing work of laying of haulage road, cross-cut, or winze is correctly classifiable under 'Site formation and clearance, excavation and earthmoving and demolition services' and not under 'Mining service': CESTAT
 
New Delhi, May 03, 2017
Who should certify/verify goods seized by Customs/DRI - Collector or Judge? Question of Law left open - SC
 
Mumbai, May 03, 2017
I-T - Levying tax on transfer of unclaimed dividend to Reserve Fund would amount to double taxation, if such dividend was not debited to P&L A/c: HC
 
New Delhi, May 03, 2017
ST - Corpus fund - Appellant, builder, undertook maintenance of residential project - Tax payable under Management, Maintenance & Repair service: CESTAT
 
New Delhi, May 03, 2017
CX - Once two divisions, SFD and EFD, are given single registration, Cenvat credit accounts, which were maintained separately, will be merged: CESTAT
 
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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.