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Dy CM of Talangana Mallu Bhatti Vikramarka gets key portfolio of Finance & Energy 15th Finance Commission Chairman N K Singh says prevailing geopolitical challenges call for re-inventing MDBs CJI advises Have audacity to listen to others and dismantle own echo-chamber EU builds consensus on bill to regulate AI I-T- Re-assessment cannot be resorted to solely on assumption that Assessee did not file ITR for relevant AYs, thus revealing non-application of mind on part of AO: ITAT Amidst surging prices, Centre bans export of Onions till March 31, 2024; Wheat stock limits revised to check rising prices & to curb hoarding US Economy adds 1.99 lakh jobs in Nov month Govt to infuse Rs 1364 Crores to boost competitiveness in capital goods sector Russian President Vladimir Putin affirms participation in 2024 elections in bid to retain presidency CX - Appellant is entitled to take Cenvat credit of inputs used for construction/fabrication of capital goods, including port: CESTAT Garba dance included in UNESCO’s Intangible Heritage List; Indian-Americans celebrate by putting up performance at Times Square Govt to host mega event showcasing textiles; sustainability, resilient supply chains to also be highlighted Canada to double cost-of-living financial requirements for international students from Jan 1, 2024 ST - As per settled precedent, construction service provided to Surat Municipal Corporation under Jawaharlal Nehru National Urban Renewal Mission is not taxable: CESTAT Israel resumes Gaza offensive as troops enter southern Gaza; US vetoes UN bid for ceasefire India selected to lead IMO's Green Voyage 2050 project; eye on cutting emissions from ships Cus - Charges of mis-declaration do not sustain, where no act of omission or commission on part of Assessee, is established - Confiscation quashed, penalties set aside: CESTAT RBI makes no change in Repo rate; projects 7% growth in 2024 Goyal hails Indian consumer electronics industry; urges priority for quality & domestic manufacturer collaborations Telangana former CM KCR suffers hip injury at his farmhouse Cus - Filing refund claim before finalisation of assessment, as precautionary measure, is no grounds for rejecting refund claim on limitation: CESTAT India to host Global Partnership on Artificial Intelligence next week

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TODAY'S CASE (DIRECT TAX)

++ I-T- Re-assessment cannot be resorted to solely on assumption that Assessee did not file ITR for relevant AYs, thus revealing non-application of mind on part of AO: ITAT

TIOL Tube

TIOL Tax Congress 2023 - Technical Session on 'Taxation of New Age Digital Industry'

VISION 360 - November 2023

VISION 360 -
'A Treasury of Key Tax &
Regulatory Developments!'

November 2023 Edition

December 09, 2023 | New Delhi

Govt to infuse Rs 1364 Crores to boost competitiveness in capital goods sector

December 09, 2023 | New Delhi

Govt to host mega event showcasing textiles; sustainability, resilient supply chains to also be highlighted

December 09, 2023 | New Delhi

India selected to lead IMO's GreenVoyage 2050 project; eye on cutting emissions from ships

December 08, 2023 | New Delhi

FICCI 96th AGM - India leaping towards prosperity & global eminence; to power global economy for decades: Goyal

Technical Session 5 of TIOL Tax Congress 2023: GST – Second-Generation Reforms, including Technology.

December 08, 2023

TP- DRP is not empowered to issue any direction u/s 144C(S) of the Act in a case set aside by the directly to the DRP, nor is there any limitation laid down by the Act for issuance of any direction u/s 144C(5) of the Act in such circumstances: ITAT

December 08, 2023

TP -It is fit case for remand, where the order of the CIT(A) in retaining such comparable companies is cryptic and lacking reasoning: ITAT

December 08, 2023

Trade Marks Act - Proceedings can be dismissed since parties have amicably resolved their disputes in respect of use of mark 'SUPER CUP and entered into Settlement: HC

December 08, 2023

SEBI - Since till date post investigation there is nothing on record to indicate appellant's involvement to earn unlawful gain, directions contained in earlier order can be modified: SAT

TIOL Tube brings you an interview with former US Secretary of Treasury, Mr. Larry Summers who was recently in Delhi.

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