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ST - The company is entitled to refund of unutilized Education Cess and Secondary & Higher Education Cess under Section 142(9)(b) of CGST Act, 2017, as a transitional credit: CESTAT Centre withdraws 20% export duty on Onion from 1st April ST - Delayed Payment Charges (DPC) are penal in nature and not consideration for a separate taxable service, service tax demand and penalties cannot sustain: CESTAT DGGI launches offensive against offshore Online Money Gaming firms CX - The CENVAT credit availed for demolition services and input service distribution is legitimate, the demand, penalty and interest imposed by adjudicating authority is set aside: CESTAT PLI Schemes: 176 MSMEs out of 764 are beneficiaries CX - There is no notification providing exemption from Additional Duties of Excise; refund claims dismissed: CESTAT Coding jobs going to be thieved by AI, says Altman of OpenAI 100 New Food Testing Labs to be established: MoS New Canadian PM announces snap polls amid rising tariff threats from Trump Cus - As is trite law, multimedia speakers with additional functions like FM radio & USB ports are classifiable under CTH 8518 22 00 as speakers, as their primary function remains amplifying sound: CESTAT Trump’s policies spark snafus in USD 320 bn fishing industry GI-tagged jaggery exported from Muzaffarnagar to Bangladesh Pak claims to have killed 16 fighters on Afghan border Cus - Reclassification of imported e-scooter parts as complete vehicles is incorrect and the company is entitled to benefit of an unconditional customs duty exemption: CESTAT US, Ukraine delegations meet in Saudi Arabia I-T - Penalty u/s 271(1)(c) cannot be imposed for an inadvertent error in calculating deductions, without evidence of intent to misrepresent income: ITAT Pope Francis is back to Vatican after 5 weeks in hospital I-T - If return has already been e-verified, then can't be held that RoI was filed belatedly because of five seconds delay in generation of acknowledgment as per due date specified u/s 139(1): ITAT Death toll in Gaza goes beyond 50,000 I-T - Interest income earned from investments with cooperative banks qualifies for deduction u/s 80P(2)(d): ITAT Justice Yashwant Verma says Talks of cash recovery are preposterous & incredulous + SC panel conducting probe I-T - Physical availability of return along with Form 10A filed through registered Post which is available in repository of department, can't be countenanced by CIT(E) for refusing eligibility to exemption u/s 11: ITAT Gadkari says political leaders are casteist, not people I-T - For purpose of computing book profit, amount of brought forward loss/ unabsorbed depreciation as per books whichever is lower should be cumulative figure: ITAT Trump withdraws security clearances for Hillary Clinton & Kamla Harris I-T - Once appeal is before CIT(A), he can revise not only ultimate computation arrived at by AO but he can revise every process which led to ultimate computation or assessment: ITAT Sushant Singh Rajput case - CBI files closure report in court as no evidence of murder found I-T- Once it is accepted that money was borrowed for purpose of making investment, then non-receipt of income is no ground to disallow interest expenditure: ITAT AC compressor blast - 3 children & woman killed in Bahadurgarh I-T- If aspects require factual verification but assessee did not get opportunity to prove its case due to ex parte disposal of appeals, then related issue requires verification at departmental level: ITAT UK orders probe into fire leading to Heathrow shutdown I-T - Additions u/s 68 invalid where not based on adequate verification of relevant evidence furnished by assessee, such as bank statements, confirmations & ITRs: ITAT Nagpur violence - Costs for damaging public property to be recovered I-T - Failure of I-T authorities to adhere to binding decisions of higher courts, amounts to disrespecting principles of judicial precedents & judicial discipline: ITAT Saharanpur BJP leader shoots dead two sons & fires at wife I-T - If funds invested as FDR is inextricably linked with business of assessee, then interest earned on it shall be treated as business income: ITAT

Untitled Document

OUCOME BUDGET

Outlays and Outcomes - Towards achieving better results

Sl. No.	Ministry / Department
	Foreword for outcome budget
	Contents
	Ministry of Agriculture
1	Department of Agriculture and Cooperation
2	Department of Agricultural Research and Education
3	Department of Animal Husbandry and Dairying
4	Ministry of Agro and Rural Industries
	Ministry of Chemicals and Fertilizers
5	Department of Chemicals and Petrochemicals
6	Department of Fertilizers
7	Ministry of Civil Aviation
8	Ministry of Coal
9	Ministry of Mines
	Ministry of Commerce and Industry
10	Department of Commerce
11	Department of Industrial Policy and Promotion
	Ministry of Communications and Information Technology
12	Department of Posts
13	Department of Telecommunications
14	Department of Information Technology
	Ministry of Consumer Affairs, Food and Public Distribution
15	Department of Consumer Affairs
16	Department of Food and Public Distribution
17	Ministry of Culture
18	Ministry of Development of North Eastern Region
19	Ministry of Environment and Forests
	Ministry of Finance
20	Department of Economic Affairs
21	Department of Expenditure
22	Ministry of Food Processing Industries
	Ministry of Health and Family Welfare
23	Department of Health and Family Welfare
24	Department of AYUSH
	Ministry of Heavy Industries and Public Enterprises
25	Department of Heavy Industry
26	Department of Public Enterprises
27	Ministry of Home Affairs
	Ministry of Human Resource Development
28	Department of Elementary Education and Literacy
29	Department of Secondary and Higher Education
30	Department of Women and Child Development
31	Ministry of Information and Broadcasting
32	Ministry of Labour and Employment
	Ministry of Law and Justice
33	Department of Justice
34	Ministry of Non-Conventional Energy Sources
35	Ministry of Panchayati Raj
36	Department of Ocean Development
37	Ministry of Personnel, Public Grievances and Pensions
38	Ministry of Petroleum and Natural Gas
39	Ministry of Planning
40	Ministry of Power
	Ministry of Rural Development
41	Department of Rural Development
42	Department of Land Resources
43	Department of Drinking Water Supply
	Ministry of Science and Technology
44	Department of Science and Technology
45	Department of Scientific and Industrial Research
46	Department of Biotechnology
	Ministry of Shipping, Road Transport and Highways
47	Department of Shipping
48	Department of Road Transport and Highways
49	Ministry of Small Scale Industries
50	Ministry of Social Justice and Empowerment
51	Department of Space
52	Ministry of Statistics and Programme Implementation
53	Ministry of Steel
54	Ministry of Textiles
55	Ministry of Tourism
56	Ministry of Tribal Affairs
57	Ministry of Urban Development
58	Ministry of Urban Employment and Poverty Alleviation
59	Ministry of Water Resources
60	Ministry of Youth Affairs & Sports
61	Railways

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Technical Session 1: Decoding New Income Tax Bill 2025

March 24, 2025 | New Delhi

Centre withdraws 20% export duty on Onion from 1st April

March 24, 2025 | New Delhi

DGGI launches offensive against offshore Online Money Gaming firms

March 24, 2025 | New Delhi

PLI Schemes: 176 MSMEs out of 764 are beneficiaries

March 24, 2025 | New Delhi

100 New Food Testing Labs to be established: MoS

VISION 360 - February 2025

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

February 2025 Edition

Building a Resilient Backbone: The Critical Role of Tech-Savvy Finance, Legal, Tax, and M&A Teams in Sustainable Growth

Technical Session 2 - Retrospective Taxation - Surge in GST Litigation - Possible Remedies.

Technical Session 3 : Sustainability - An Economic Imperative.

March 24, 2025

TP - If intra-group services utilized by assessee are supporting core activities of assessee, there is no infirmity in assessee adopting TNMM as most appropriate method: ITAT

March 24, 2025

I-T - AO must examine if management fees is in nature of FTS or not, before making disallowance of payments made to overseas parties for services rendered by them, which did not have PE in India: ITAT

March 21, 2025

IBC - assignment of debt by a related party to a third party with intent to influence CIRP proceedings & circumvent the restrictions u/s 21(2) of the IBC is impermissible: NCLAT

March 21, 2025

Arbitration Act - Appellant is merely taking chance at obtaining an interim measure of protection without any intent to recommence arbitral proceedings: HC

Income Tax	Customs	Excise	Service Tax	FEMA	DGFT	SEZ	Misc	Pitara	Budget
Faceless Scheme Direct Tax Vivad se Vishwas Black Money Basket Benami Act BM Cases e-Assessment Bill Notifications Circulars Instructions SC Cases HC Cases ITAT Cases Advance Ruling Other Cases Directorate of Income Tax (Systems) Citizen's Charter Reports	Tariff Notfn Valid Tariff Notfn Non Tariff Notfn Valid Non-Tariff Notfn Circulars Customs Tariff Act Import Tariff Export Tariff SC Cases HC Cases Cestat Cases Safeguard Duty Notfn Advance Ruling Anti-dumping Notfn Settlement Drawback Cases CVD MISC Circulars N T/CAA/DRI Customs Rules	Sabka Vishwas Scheme 2019 Central Excise Bill 2024 Valid Non Tariff Notfn CCRs - 2017 Central Excise Rules Valid Tariff Notfn Tariff Notfn Non Tariff Notfn Circulars SC Cases HC Cases Cestat Cases Advance Ruling Cesses Notifications Excise Amendment MISC Circulars Settlement Commr.(A) Order Tribunal	Sabka Vishwas Scheme 2019 Accounting Head Notifications Service Tax Rules Circulars SC Cases HC Cases Cestat Cases Advance Ruling FAQ Finance Act, 1994 Commr. (A) Orders Removal of Difficulty VCES Miscellaneous	FEO Act DIPP Notification FDI Approved Exchange Manual Fema Notifications SC Cases HC Cases RBI Notifications RBI Circulars Act Rules Regulations Master Circulars PMLA Notifications Depository Scheme Press Note	Notifications Circulars Public Notices Trade Notice FTDR Amendment 2010 MISC	SEZ - Annexures & Forms Notifications Instructions Act 2005 Rules 2006 DGEP State Acts State Policy MISC	SC Cases HC Cases VAT Cases Miscellaneous	TPRU Service News Promotion Transfer Deputation Posts Cadre Review Transfer Policy Training Circulars Recruitment Rules Pay Commission Service Cases Empanelment MISC	Budget Speeches Union Budgets Economic Surveys TRU - D. O. Letter Finance Acts Finance Bill Budget Circular Finance Commission