News Update

Air India, Nippon Airways join hands for travel between India and Japan10 killed as two Malaysian Military copters crashGST - s.107(11) - There is no fetter on the powers of the appellate authority to modify the order passed u/s 130(2) by the adjudicating authority: HCSC grills Baba Ramdev & Balkrishna in misleading ad caseCBDT amends jurisdiction of Pr CCITs in many citiesGST - Statutory mandate of sub-section (4) of Section 75 is that a personal hearing should be provided either, if requested for, or if an order adverse to the taxpayer is proposed to be issued: HCCCI invites proposal for launching Market Study on AI and CompetitionGST - Documents with regard to service of notice could not be located; that impugned orders came be to be passed without an opportunity being granted to Petitioner to submit documents and being heard - Matter remanded: HCIndia initiates anti-dumping duty probe against import of Telescopic Channel drawer slider from ChinaAFMS, Delhi IIT ink MoU for collaborative research & trainingCX - The activity of waste water treatment is part of manufacturing activity and any activity which is directly or indirectly in relation to manufacture would be eligible for credit: CESTATDoP&T notifies fixation of Himachal IPS cadre strength and amendment in pay rulesIndia, Cambodia ink MoU for HRD in Civil ServiceBengaluru Airport Customs seizes 10 yellow anacondas from check-in baggageST - Appellant has collected some service tax from service recipient, which has been deposited with Department, same shall not be refunded to appellant: CESTATDelhi daily air traffic goes beyond 4.7 lakh paxGovt organizing National Colloquium on Grassroots Governance2 Telangana students killed in road accident in USI-T- Addl. Commr. or above ranking officer to probe how I-T portal reflected demand being raised against assessee, despite Revenue not having issued any notice or passed any order against assessee: HCAnother tremor of 6.3 magnitude visits Taiwan; shakes tall buildingsI-T- Donations given out of accumulated funds u/s 11(2) are not allowable as application of income for charitable or religious purposes and the same shall be deemed to be income of assessee : ITATYou are arrogant Mr Musk, says Australian PM over Sydney stabbing video banUnited Health reports theft of huge Americans’ dataI-T - Travelling conveyance expenses should be disallowed to extent of bills which were not verifiable and have no nexus with business of assessee: ITATEarth Day: Biden announces USD 7 bn grant for rooftop solar panelsOECD to release annual report on Tax Inspectors without Borders on April 29EU introduces easy Schengen Visa rules for IndiansI-T- Leasehold rights in land are not within purview of section 50C of Act : ITAT
 
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Mumbai, November 12, 2015
ST - Adjudicating authority has lost sight of fact that supply of tangible goods in case in hand is not for use of driver - entire action of booking of radio taxi till collection of pax fare is on behalf of appellant - Appellant is not liable to pay ST: CESTAT
 
New Delhi, November 11, 2015
FDI Policy further eased for 15 Sectors including construction & broadcasting; FIPB limit hiked from Rs 3000 Cr to Rs 5000 Cr
 
Geneva, November 11, 2015
Dispute Settlement settles 500th trade dispute; WTO to earmark more resources to it, says DG
 
New Delhi, November 10, 2015
Whether DISCOM can avoid liability to reimburse advance tax paid by contract awardee on ground that MAT was introduced subsequently, even though DISCOM was bound to reimburse any such liability arising due to 'change in law' - NO: Supreme Court
 
Mumbai, November 10, 2015
ST - Appellant paying tax along with interest - submission that if they had malafide intention they would not have entered into any agreement and would not have accounted for transaction of royalty in books has force - penalty waived: CESTAT
 
Chandigarh, November 10, 2015
I-T - Whether when assessee is caught suppressing contract receipts, it can escape penalty on ground that it did not receive TDS certificate on said receipts - NO: HC
 
Chennai, November 10, 2015
Commissioner(A) cannot pass order beyond grounds of appeal without putting appellant to notice - Order set aside and matter remanded to Commissioner (A): CESTAT
 
Mumbai, November 09, 2015
CENVAT - Inputs used in export goods - premises from where goods have been exported is not much of relevance, it is export irrespective of locations - credit on inputs cannot be denied for goods cleared from job workers premises: CESTAT
 
Chandigarh, November 09, 2015
I-T - Whether allowance of expenses on proportionate basis in relation to commercial production at one of units can be said to be perverse if such allowance is based on finding of facts by CIT(A) as well as ITAT - NO: HC
 
Chandigarh, November 09, 2015
ST - Once 1994 Act was complete Code in itself, wherein even procedure for penalty has been provided, registration of FIR under general provisions of IPC was nothing but abuse of process of Court and same cannot be sustained: HC
 
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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.




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