SIGN IN SUBSCRIBE

News Update

Kargil Victory Day: PM warns Pak against practising terrorismMisc - 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 CBMisc - Payments made to Government cannot be deemed to be a tax merely because statute provides for their recovery as arrears: SC CBChina pumps in subsidies worth USD 41 bn into car sectorMisc - 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 CBCus - Owner of goods has a liability to pay customs duty even after confiscated goods are redeemed on payment of fine - Interest follows: SCObama endorses Kamala Harris for PresidentI-T- Demand notice issued mechanically merits being quashed, where passed in ignorance of assessment order giving clean chit to assessee: HCIndia discovers Lithium Resources in Mandya and Yadgiri districts of KarnatakaIndia's installed Nuclear Power Capacity to triple by 2031-32: MoSI-T- Penalty rightly quashed where assessment order proposing penalty is itself quashed: ITATGoyal sets USD 50 bn target for footwear industry to achieve by 2030Indian-origin German citizen nabbed with 6 kg of cocaine at IGI AirportIndia to remain steadfast in commitment to nurturing adolescents' talents: Health SecyAI-based SearchGPT to compete with Google: OpenAIDelhi liquor scam: United Spirits CEO summonedVAT - burden of proof lies with Department to verify & approve refunds to ultimate taxpayers: HCBiden to attend QUAD meeting to be held in New Delhi this year

MESSAGE BOARD

   

Enactment of Finance Bill 2016 - CBEC Confirms


indirect tax dispute resolution scheme 2016

ye scheme jab declare hui thi tabhi samajh men aa gaya tha ki fail hogi isiliye utsaah kam hai board men bhi. commissioner appeal level par disputes 10% hotey hain wahan to 90% greviencaes hotey hain. jo assessee fake aur invlid SCNs aur equally unjustified OIOs se pareshaan hokar appeal men gaya hai wo kyon bhala tax interest aur 25% penalty bharega bhai. common sense ki baat hai. kya vitt mantri ye sochkar baithe hain ki har appeal men gaya assessee tax chor hai.wahan appeal men 90% cases department ke sataye hue rehtey hain.agar judicious authority hearing legi to ganimat otherwise tribunal ke changul men fansna jaroori ho jata hai.

gandagi ki shuruwat scn se ho rahi wahin stop kijiye na, unki validity check karwani chahiye issue hone ke pehle. legally sustainable hon to hi anumati mile.nazib shah saab board circular jari kar chuken hain pichle sal hi ki SCN dekhkar, soch samajh kar jari kiya jaye.

aapne to balki 30 mahine ka time dekar bhedchaal wale afsaron ke aur haath majboot kar diye.

Navin Khandelwal 01/06/2016

 

Back

TIOL Tube Latest

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

TOP NEWS


AR not Afar by SK Rahman

VISION 360



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

TII LATEST

TIOLCORPLAWS LATEST