News Update

French Parliament passes controversial anti-terror law empowering authorities to shut places of worship and restrict freedom of movementGST - CBEC clarifies on movement of goods within State and from one to another on approval basis + also notifies officers empowered to accept or reject application for GST PractitionerLinking Aadhaar with UAN - EPFO launches service for speedy servicesPM interacts with 380 Directors & Dy Secretaries in Central Govt; advises them to break silos with innovative waysCBEC notifies new Customs exchange ratesCBDT launches 'Online Chat' facility on official website to answer taxpayers' queriesJaipur & Srinagar rated best airports in world in 20 lakh to 50 lakh passenger category: AAI -Registration of Charitable bodies - CBDT seeks inputs to new provision in I-T ActST Not fn. 41/2012-ST - Renting of airport premises at departure module has a direct nexus with 'export sale' being made by duty free shops Refund correctly granted: CESTATIndia earns Rs 13800 Cr forex from tourismGST - Govt notifies list of supplies as deemed exports such as supplies to EoU, against EPCG and Advance Authorisation + notifies Forms for refund to exportersOver 100 preferential tax regimes dismantled across world: OECD (See 'TII Brief')Impact of Brexit - UK needs to keep close ties with EU for sustaining future living standards: OECD (See 'TII Brief')Delay in filing GSTR-3B - Interest waiver only for July month, not for AugustAhmedabad ITAT invites suggestions before goes paperless by Dec 15, 2017China proposes special treatment to SMEs in anti-dumping cases; WTO Members for solution within existing frameworkI-T- Department cannot tax capital gains tax in guise of lifting corporate veil, when there is mere transfer of shares of company and no stamp duty was paid towards plot of land: ITATST - Preparation of examination results on computers - as service is rendered 'in relation to' education, same is exempted by Notif. No. 14/2004-ST: CESTATCX - Element of excise duty on which CENVAT Credit was availed is not includible in AV of manufactured goods - duty demand, attributed to CVD which was not included in AV, is unsustainable: CESTATGovt allows Cipla to import morphine, codeine and baine for use in products to be exportedCBEC reassigns legacy cases pending with Commissioner(Appeals) to reduce litigationGovt to make revised quality standards for caustic soda mandatoryFDI SOP makes it clear no proposal to be sent to Department of Revenue & MEAMinister asks builders to improve living conditions of construction workersJoblessness marginally decreases in Q2 in OECD areasChandigarh Airport Customs seizes gold biscuits worth Rs 39 lakhApplications invited for post of Member at SAFEMA TribunalIndian billionaire Lakshmi Mittal contributes aid of USD 25 mn to Harvard Univ to enhance engagement with South Asian countriesPM urges corporate to use CSR funds to strengthen AyurvedaGST Council's decisions for small businessmen (See 'TOG Insight' in Taxongo.com)Entry Tax on goods imported from abroad - explained furtherGST regime - continuation of area based incentiveST - Limitation prescribed u/s 11B of CEA, 1944 is not applicable to refund claim in respect of service tax paid under a mistake of law: HCI-T - Just because RBI treats 'provision for NPA' as losses/expenses, it will not override Income tax Act while deciding justification of such 'provision' u/s 36(1)(vii): HCCX - Promotional pack of Maggi Noodles supplied free of cost either by the appellant or by Tata Tea Ltd - Valuation u/s 4 of CEA, 1944 is proper: CESTATOver 69 lakh subscribers join Pension Yojana with contribution of Rs. 2690 CrAyurveda's market size to surpass USD 8 bn by 2022: MinisterIndian women scientists praised; Govt policy for all support: Minister
Untitled Document

THE ICE CUBES

By Naresh Minocha

Taxindiaonline.comt

Pessimism Vs Optimism Discourse Shouldn't cloud Reality
October 14, 2017
TIOL-ICE CUBES 277
Economic Stimulus as Smokescreen for Crony Capitalism?
Published: September 29, 2017
TIOL-ICE CUBES 276
Unveil Industrial Policy to Promote Unhindered, Efficient Production
Published: September 06, 2017
TIOL-ICE CUBES 275
Forgotten Pledges; Broken Dreams - Yehi Hai India!
Published: August 18, 2017
TIOL-ICE CUBES 274
Has ' Transforming India ' lost its Inspirational Magic
Published: August 02, 2017
TIOL-ICE CUBES 273
Modi Govt shouldn't thump chest with conjured or dubious data
Published: July 17, 2017
TIOL-ICE CUBES 272
Don't Butcher National Interests by Creating Emergency Phobia
Published: July 01, 2017
TIOL-ICE CUBES 271
Modi Govt muddles up Vodafone retrospective tax case
Published: June 16, 2017
TIOL-ICE CUBES 270
India's Anti-corruption Deficit Shines at World Stage
Published: May 31, 2017
TIOL-ICE CUBES 269
Environment (Protection) Act is Perfect Ass!
Published: May 17, 2017
TIOL-ICE CUBES 268
Check what will be missing from NDA's 3rd yr Report Card
Published:April 29, 2017
TIOL-ICE CUBES 267
Will India let digital tax swindlers have a free run under digi-dhan?
Published:April 13, 2017
TIOL-ICE CUBES 266
Debate Impact of Fiscal Responsibility with Opacity & Zero Accountability
Published: March 29, 2017
TIOL-ICE CUBES 265

Demonetization & GDP Politics should lead to statistical reforms
Published: March 15, 2017
TIOL-ICE CUBES 264

Govt's limitation in demonetization analytics should rekindle tax reforms
Published: February 22, 2017
TIOL-ICE CUBES 263
Transform NGOs-linked Spoils System into Credible Public Welfare
Published: January 31, 2017
TIOL-ICE CUBES 262
Modiji, Please walk the talk on Corruption
Published: January 17, 2017
TIOL-ICE CUBES 261