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New Capital gains regime: CBDT issues FAQs Misc - Royalty not a tax; royalty is contractual consideration paid by mining lessee to lessor for enjoyment of mineral rights & liability to pay royalty arises out of contractual conditions of mining lease: SC CB DGFT simplifies EPCG Scheme procedures to enhance Ease of Doing Business Kargil Victory Day: PM warns Pak against practising terrorism Misc - Payments made to Government cannot be deemed to be a tax merely because statute provides for their recovery as arrears: SC CB PM GatiShakti Group evaluates five key infrastructure projects Misc - Since power to tax mineral rights is provided for in Entry 50 of List II, Parliament cannot use its residuary powers in this subject matter: SC CB Ladakh's Budget has increased from Rs 1100 Cr to Rs 6000 Cr in last 5 yrs China pumps in subsidies worth USD 41 bn into car sector Cus - Owner of goods has a liability to pay customs duty even after confiscated goods are redeemed on payment of fine - Interest follows: SC Indian Coast Guard rescues 14 Indian crew from stranded vessel near Alibaug Obama endorses Kamala Harris for President I-T- Demand notice issued mechanically merits being quashed, where passed in ignorance of assessment order giving clean chit to assessee: HC India discovers Lithium Resources in Mandya and Yadgiri districts of Karnataka India's installed Nuclear Power Capacity to triple by 2031-32: MoS I-T- Penalty rightly quashed where assessment order proposing penalty is itself quashed: ITAT Goyal sets USD 50 bn target for footwear industry to achieve by 2030 Indian-origin German citizen nabbed with 6 kg of cocaine at IGI Airport India to remain steadfast in commitment to nurturing adolescents' talents: Health Secy AI-based SearchGPT to compete with Google: OpenAI Delhi liquor scam: United Spirits CEO summoned VAT - burden of proof lies with Department to verify & approve refunds to ultimate taxpayers: HC Biden to attend QUAD meeting to be held in New Delhi this year

MESSAGE BOARD

ST clarificatory Circular 192 falls short of expectations

ST clarificatory Circular 192 falls short of expectations

16 aane sach sir. circular ke kehne se soverign activity taxable kaise ho jayegi.at the desire off receiver element is also absent. jahan consideration majbooree ki wajah se ho to wo consideration nahi hua na.ye to wahi baat hui ki baap bachhon ko padhane likhane ke liye kharchon ka reimbursement maang le ya service charges le le. balki fine penalty pe lagayey to ek baar samajh men bhi aata ki chalo declared service item no 5 men covered ho gaya.

Navin Khandelwal 27/04/2016

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Dr. Shailendra Kumar, Chairman, TIOL Knowledge Foundation, addressing the gathering

July 26, 2024 | New Delhi

New Capital gains regime: CBDT issues FAQs

July 26, 2024 | New Delhi

DGFT simplifies EPCG Scheme procedures to enhance Ease of Doing Business

July 26, 2024 | New Delhi

PM GatiShakti Group evaluates five key infrastructure projects

July 26, 2024 | New Delhi

Ladakh's Budget has increased from Rs 1100 Cr to Rs 6000 Cr in last 5 yrs

July 22, 2024

Appeal on Denial of Cross Examination

July 08, 2024

Refund Arising out of Finalisation of Provisional Assessment

Union Budget 2024 - An Analysis

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

Union Budget 2024 - An Analysis

Shri Ram Nath Kovind, Hon'ble 14th President of India, addressing the gathering at TIOL Special Awards event.

July 26, 2024

INTL - Re-assessment order invalidated where passed without dealing with submissions raised by assessee in response to re-assessment notice issued u/s 148: HC

July 26, 2024

DTAA - Additions framed on account of Royalty are unsustainable where AO & DRP omitted to consider recitals of agreements: ITAT

July 26, 2024

IBC - Corporate Insolvency Resolution Process of Holding Company can't include subsidiary's Assets : SC

July 26, 2024

Misc - Code of Criminal Procedure - Courts should stay orders granting bail only in exceptional cases and very rarely should be it be done without hearing the accused (ex-parte) : SC

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