News Update

SC grants relief to Chidambaram in ED case till Monday but no succour in CBI caseFATF Asia-Pacific Group puts Pakistan in 'enhanced blacklist'Sabka Vishwas Scheme to end on Dec 31, 2019GST - Petitioner encountered technical glitch in payment of GST for seven months - it would be appropriate to leave it to the technical body concerned to decide whether there was a technical glitch at all: HCVAT - It is one thing to say that Petitioner had violated provisions of Central Excise Act, but another to immediately infer that it also violated provisions of DVAT Act: HCCX - In case of reversal of proportionate credit attributable to exempted goods/services, further demand in terms of Rule 6(3) of CCR, 2004 is unsustainable: CESTATCus - Appellant has not suppressed any fact from Department to the extent that license which was submitted for clearance of imported consignment is issued by DGFT, although the same is claimed to have been obtained fraudulently by seller of licence M/s Nilesh International: CESTATAdditions u/s 14A are sustained where shares are held as stock in trade & such investments do not fall within ambit of Rule 8D(iii): ITATPurchases cannot be treated as genuine where although backed by bills & proof of payment, dealers admit to have provided accommodation entries in statements before sales tax authority: ITATAdditions u/s 68 on account of bogus Short Term Capital Loss are unsustainable where based on statements which are uncorroborated by supporting evidence: ITAT August 23 2019Unexplained expenses cannot be disallowed where PAN & address of recipient parties is submitted to AO, who in turn failed to verify same by issuing notice u/s 133(6): ITATPenalty notice is defective & vitiated proceedings where it does not specify charges based on which penalty is being levied: ITATACC appoints Ajay Kumar Bhalla as New Home SecretaryBenefit u/s 80IA available to start-ups having turnover of above Rs 25 CrContinuing protectionist policies would cause global recession: GoyalGovt relaxes lease rent charges on wind power projectsCBIC also raises monetary limits for indirect tax cases
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PRIVACY POLICY

TIOL group of websites respect the privacy of their audience and considers it as one of the prime concerns of its organisation. TIOL and its group websites do not collect personal information of anyone who visits the website(s) unless the user consents to provide his/her information.

TIOL website(s) only collect the requisite personally identifiable information that helps it serve its subscribers in offering customized services. Personally identifiable information includes, but is not limited to, first and last name, physical address, e-mail address, phone number, birth date, and any other information that itself identifies or when tied to the above information, may identify an user as a specific individual.

TIOL website(s) do not collect personally identifiable information about its user except when the user specifically and knowingly provides it. TIOL website(s) use personally identifiable information to operate the sites and services and to inform the user of new features and services. The collected and stored information of the users are never meant to be sold to any third-party entiry or intended to be used by TIOL website(s) for any other purpose than as specifically mentioned in this paragraph.

TIOL website(s) handles the user data securely, including transmitting them using modern cryptography (e.g. over HTTPS).

Information automatically collected/stored

The kind of information that is gathered automatically include browser type of the user (e.g. Firefox, Safari, Internet Explorer, etc), the Operating System type (e.g. Microsoft Windows, Mac OS, etc.) and the domain name of the Internet Service Provider (e.g. Airtel, Vodafone, VSNL, MTNL, etc.), the date and time of visit and the pages visited.

Collection of information by third-party websites

TIOL website(s) may contain links to other websites whose privacy policies may be different to TIOL's. Visitors should consult the other sites' privacy notices as TIOL website(s) has no control over information that is submitted to, or collected by, these third parties.

TIOL website(s) use third party like Google and other companies of repute to serve advertisements. While serving advertisements, the third-party advertiser may place or recognise a unique "cookie" on the user's browser and may use information (not including name, address, e-mail address) about the users' visits to this and other websites in order to provide advertisements about goods and services of interest to the user.

Other websites links on TIOL website(s)

TIOL website(s) also has links to other website(s). The privacy policies of such website(s) is not under TIOL's control. Once a user leaves TIOL website(s), use of any information provided by a user is governed by the privacy policy of the websites being visited. It is advisable to read their privacy policies for further information.