News Update

3 Indian women from Gujarat died in mega SUV accident in USJNU switches to NET in place of entrance test for PhD admissionsGST - fake invoice - Patanjali served Rs 27 Cr demand noticeI-T - Bonafide claim of deduction by assessee which was accepted in first round of proceedings does not tantamount to furnishing of inaccurate particulars, simply because it was disallowed later: ITATIndia-bound oil tanker struck by Houthi’s missiles in Red SeaSCO Defence Ministers' Meeting endorses 'One Earth, One Family, One Future'RBI issues draft rules on digital lendingI-T - In order to invoke revisionary jurisdiction u/s 263, twin conditions of error in order and also prejudice to interest of Revenue must be established independently: ITATCRPF senior official served notice of dismissal on charges of sexual harassmentIndian Air Force ushers in Digital Transformation with DigiLocker IntegrationColumbia faculty blames leadership for police action against protestersCX - When process undertaken by assessee does not amount to manufacture, even then CENVAT credit is admissible if such inputs are cleared on payment of duty which would amount to reversal of credit availed: CESTATGoogle to inject USD 3 bn investment in data centre in IndianaCus - The equipments are teaching accessories which enable students in a class to respond to queries and these equipments are used along with ADP machine, same merits classification under CTH 8471 60 29: CESTATUN says clearing Gaza mounds of rubble to take 14 yrsST - When issue is of interpretation, appellant should not be fastened with demand for extended period, the demand confirmed for extended period is set aside: CESTATBlinken says China trying to interfere US Presidential pollsWorld Energy Congress 2024: IREDA CMD highlights need for Innovative Financing Solutions
 
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Paris, March 30, 2013
Global economy on recovery path but Europe lags behind: OECD
 
New Delhi, March 30, 2013
Transporters proposed strike from April 1 called off; Demands include removal of anti-dumping duty on tyre
 
New Delhi, March 29, 2013
CAD may be lower in Q4, hopes MoF
 
New Delhi, March 29, 2013
India’s external debt marginally goes down in Q4
 
Mumbai, March 28, 2013
I-T - Whether when assessee is given many opportunities to explain how rental income has become business income as claimed in return, lack of response from assessee justifies re-assessment u/s 147 - YES: Bombay HC
 
Ahmedabad, March 28, 2013
ST - Mandap keeper collecting advance from customers and depositing ST - Venue sealed by Municipality and appellant returns booking with ST to customers - appellant can avail credit of such excess ST paid - appeal allowed: CESTAT
 
Mumbai, March 28, 2013
CX - Unit set up in backward area - however, tractors not exempted under the Maharashtra VAT Act, 2002 – Prima facie benefit of Notfn. 23/2003 available - case made for waiver of adjudged dues – Stay granted: CESTAT
 
New Delhi, March 27, 2013
Aviation Sector to have USD 120 bn investment by 2020; to handle 421 mn pax
 
New York, March 27, 2013
BRICS now accounts for 20% of world FDI flows: UN Report
 
New Delhi, March 26, 2013
Central Excise duty evasion: DGCEI Hqs recovers Rs 747 Crore from Coal India
 
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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.