News Update

Govt appoints New Directors for 6 IITsGST - 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: HCNexus between Election Manifesto and Budget 2024 in July!GST - 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: HCGST - To effectively contest the demand and provide an opportunity to petitioner to place all relevant documents, matter remanded but by protecting revenue interest: HCGST - 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: HCGST - 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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Gangtok, March 28, 2017
ST – Amendments carried out by FA, 2016, are not capable of being implemented for imposition and levy of service tax on Lottery services: HC
 
Mumbai, March 28, 2017
CX - Tribunal has passed cryptic order - interest of justice would be served if order is quashed and set aside: HC
 
Kolkata, March 28, 2017
I-T - AO cannot intiate proceeding u/s 148 solely on basis of direction passed by CIT, without applying his/her own mind to cause of reopening
 
New Delhi, March 28, 2017
ST - Amount deposited without authority of law cannot be considered as Service Tax - s.11B limitation not applicable: CESTAT
 
Mumbai, March 28, 2017
CX - Undertaking in terms of 214/86-CE is not merely procedural but substantive: CESTAT
 
Chandigarh, March 27, 2017
CBEC Chairman directed to appear in person before High Court - Inadequate facilities in CRCL
 
Mumbai, March 27, 2017
Cus - Pre-deposit mandatory even if o-in-o passed before 06/08/2014 as appeal filed after amendment of s. 129E of CA, 1962: High Court
 
Mumbai, March 27, 2017
I-T - Non-appearance of claim of deductions in online return due to malfunctioning in software of Revenue, would not lead to their disallowance: HC
 
New Delhi, March 27, 2017
CX - Duty liability computed based on published article under bonafide belief that it is correct interpretation of law - demand sustainable for normal period: CESTAT
 
New Delhi, March 26, 2017
ST - Claim for exclusion of amounts on basis of acting as pure agent can be made only if all conditions for such concept are fulfilled: 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.