News Update

Back from foreign travel - Isolation condition easedMega blaze in high-rise building in Mumbai - 7 killed & at least 24 injuredI-T - Faceless assessment order merits being quashed where passed before time specified for passing such order: HCGoyal urges Industry to inculcate greater appetite for risk takingIndia strikes hard on Pakistani Fake News FactoriesCoal Secretary launches Koyla Darpan PortalOSM to develop ecosystem of storage management applications across StatesGST - Provisional attachment levied by the Respondents u/s 83(2) of the Act, 2017 on 11.10.2019 ceased to have effect on expiry of one year: HCProvisions of Assisted Reproductive Technology Regulation Act to swing into force on Jan 25GST - Supply of a package consisting of coaching service as well as goods/printed material/test papers, uniform, bags and other goods to students when supplied for a single price constitutes a mixed supply; taxable @18%: AARDoP&T grants pay revision benefits to IPS officers of Rajasthan cadreCus - If goods are not classifiable under chapter heading proposed by revenue thereafter even the goods classified under chapter heading claimed by assessee is correct or not, case of department will fail: CESTATCOVID-19: India reports 3.36 lakh cases with 490 deaths on FridayI-T- Revenue's appeal can be dismissed based on findings of Coordinate Benches where, filings and acceptance of MBDL's petition before Settlement Commission and addition has been deleted : ITATPoll time in Punjab partly resembles ‘War Time’ - Grenade Launcher, detonators & explosives seizedI-T - Delay caused in registration of sale deed due to sheer number of sellers, is insufficient grounds to classify proceeds from sale as LTCG: ITATWorld’s first ship cargo of hydrogen tanker sails from Australia to JapanI-T- There can't be disallowance of expenses u/s 14A in excess of exempt income : ITATDouble-whammy for Supertech Ltd - SC directs to refund deposit with interest to home-buyers against to be demolished 40-storey towersOmicron globally crests to 36.3 lakh cases with over 9000 deaths on Friday - 2800 deaths in US; 290 in UK; 235 in France; 375 in Italy & 175 in GermanyUS shows no zest on proposal to make WHO more independentVAT - Exemption if erroneously granted can be revoked where assessee fails on conditions linked to exemption: SCIce creams screaming from roof tops!
Untitled Document
EDITORIAL

Taxindiaonline.comt



Parliament should periodically debate CAG reports
Published: December 23, 2016
Invoke Cooperative Federalism to Check Tax Uncertainty
Published: December 02, 2016
Piecemeal initiatives like Demonetisation can't kill black money & bribery
Published: November 11, 2016
Policy makers in debt-stressed nations should act on IMF's recipe
Published: October 20, 2016
Rail Budget merger without holistic reforms implies window-dressing
Published: September 28, 2016
Fast-track enactment & enforcement of anti-corruption laws
Published: September 02, 2016
Pool CAG's compliance audit findings into State of Governance Report
Published: August 13, 2016
Shed inertia over public debt reforms
Published: July 28, 2016
Manage PM-defined 'personal Sector' By Monitoring Mudra & Its Ilk
Published: July 13, 2016
Revenue Deptt. can do wonders if it follows PM's RAPID mantra
Published: June 22, 2016
Capital Good Policy Execution can make or mar or #Make In India
Published: June 03, 2016
Smugness over pace & direction of Fiscal Reforms not good for growth
Published: May 13, 2016
Galloping wilful defaulters mock at Indian banking sector
Published: May 06, 2016
Panama Papers give timely stimulus to global tax cooperation
Published: April 20, 2016
Modi Govt to shift gears from incremental reforms to innovative ones
Published: April 03, 2016
India needs Transformational Agenda to check revenue leakages
Published: March 16, 2016
Manage NPAs through a multi-facet approach
Published: February 26, 2016
Budget should fresh light on GAAR and BEPS
Published: February 10, 2016
Substitute piecemeal approach with a composite one to fuel growth
Published: January 24, 2016
Substitute piecemeal approach with a composite one to fuel growth
Published: January 08, 2016