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Railways operates record number of additional Trains in Summer Season 2024 GST - 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: HC 1st phase polling - Close to 60% voter turnout recorded 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: HC Ministry of Law to organise Conference on Criminal Justice System tomorrow GST - To effectively contest the demand and provide an opportunity to petitioner to place all relevant documents, matter remanded but by protecting revenue interest: HC Govt appoints New Directors for 6 IITs GST - 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: HC Nexus 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: HC I-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: HC Israel launches missile attack on Iran EC holds Video-Conference with over 250 Observers of Phase 2 polls Germany disfavours Brazil’s proposal to tax super-rich I-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: ITAT Govt appoints Dinesh Tripathi as New Navy Chief AFMS, IIT Kanpur to develop tech to address health problems of soldiers FBI sirens against Chinese hackers eyeing US infrastructure Kenya’s top military commanders perish in copter crash CBIC notifies Customs exchange rates w.e.f. April 19, 2024 Meta shares ‘Most Intelligent’ AI assistant built on Llama model Dengue cases soaring in US - Close to ‘Emergency situation’: UN Agency


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Ernakulam, March 29, 2019 I-T - Manner of exploitation of property is key to determine nature of any income as either business income or rental income: HC

New Delhi, March 29, 2019 I-T - Charitable society cannot be made to suffer for failure of legal counsel to present requisite documents supporting claim for registration u/s 12AA: ITAT

New Delhi, March 28, 2019 I-T - Once Department gets hold of information which has potential of undermining its findings previously made in original assessment, then it has powers to initiate reassessment: HC

New Delhi, March 28, 2019 I-T - Only such transactions which involve transfer of trade mark by assignment for a consideration are to be taxed as capital gains u/s 55(2)(a): HC

Mumbai, March 28, 2019 I-T - Advance tax or self-assessed tax paid cannot be set off against tax liability arising IDS declaration for lack of specific provision in Scheme: HC

New Delhi, March 27, 2019 I-T - AO who prescribes time limit for filing auditor's report u/s 142(2A) is also entitled to extend time limit even if extension is not sought for by assessee: SC

Mumbai, March 27, 2019 I-T - Revenue cannot tax capital gains when Sec 11(1) itself exempts such receipt if application of such gains is made for objects of Trust: HC

Mumbai, March 27, 2019 Cus - Clearance of old & used goods not permitted as per FTP - Charge of misdeclaration sustainable: CESTAT

Ahmedabad, March 26, 2019 I-T - If additional income is declared in return filed u/s 153A it warrants imposition of penalty u/s 271(1)(c): ITAT

Bangalore, March 26, 2019 CX - Lower authorities cannot interfere with matters pending disposal before Tribunal by attempting to recover duty demands without first seeking vacation of stay granted earlier: 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.

April 19, 2024 | New Delhi

Railways operates record number of additional Trains in Summer Season 2024

April 19, 2024 | New Delhi

Ministry of Law to organise Conference on Criminal Justice System tomorrow

April 19, 2024 | New Delhi

EC holds Video-Conference with over 250 Observers of Phase 2 polls

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April 2024 Edition

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

April 19, 2024

I-T- Onus of establishing receipt of services from Associated Enterprise has to be discharged on year to year basis by assessee company: ITAT

April 19, 2024

DTAA - Payment received on account of subscription, professional and training services cannot be deemed to be Fees for Technical service and be taxed as Royalty, where no technical know-how is made available: ITAT

April 19, 2024

Companies Act - Charges of professional misconduct in SCN are proved for which monetary penalty can be imposed : NFRA

April 19, 2024

PMLA - Application for anticipatory bail can be rejected as there is failure on part of applicant to appear before trial Court despite service of bailable warrant : HC

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