News Update

Two militants killed in gun battles in KashmirMega inferno in cooking oil factory near Jakarta; 9 burnt to deathJapan reports hottest October since 1898CBIC drive: 83 lakh smuggled cigarettes destroyed by Vijayawada; 49 lakhs sticks by Delhi CustomsGreece PM chats with PM Modi; proposes to open up two new consulates in IndiaGovt releases Guidelines for Central Sector Scheme 'NAMO DRONE DIDI'25 hurt as Telangana SRTC bangs into private busOverall Coal Production in Oct month touches 84.45 Million TonneApple to pump in USD 1.5 bn in Globalstar to ratchet up satellite coverageIndian scientists explore limits of quantum theory for arbitrarily massive objectsGST mop-up grows to Rs 1.87 lakh crore in Oct monthGST - Without providing an opportunity of personal hearing, respondent has passed the impugned assessment order - Same is quashed and set aside - Matter remanded for fresh consideration on condition that petitioner pays 10% of disputed tax amount: HCMP Govt reports death of 10 elephants in 3 days; Samples to be examinedGST - Appeal preferred in March 2023 - During pendency of petition seeking expeditious disposal, hearing granted but petitioner did not remain present - Petitioner does not want any hearing - Respondent to pass appropriate order: HC3-yr-old boy Anish Sarkar from Bengal becomes youngest-ever FIDE-rated chess playerGST - Summary of Show Cause Notice in Form GST DRC-01 cannot substitute requirement for proper Show Cause Notice as mandated by Section 73(1): HCUS goes for massive deployments of B-52 bombers & destroyers in West AsiaKVAT - Refund application can be rejected only where requisite documents in support of the application & for considering the same, could not be obtained: HCMauritius plugs social media till polls are overGST - Pre-deposit amount can partially be paid through Electronic Credit Ledger: HCDelhi records warmest October since 1951I-T- Re-assessment cannot be resorted to, where no failure to make full & true disclosure of material facts necessary for assessment is attributed to assessee: ITATBotswana voters eject party ruling for 60 yrsI-T- While calculating income, net income should be considered as taxable income after reducing the expenditure incurred towards earning of such income: ITAT

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Conferment of TIOL Awards 2024. The event was held on October 1, 2024 at Taj Palace, New Delhi



Technical Session I - Ease of Doing Business: GST on Digital Economy