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

   

Time to Stop Judiciary's Assault on Executive & Legislature


Time to stop Judicial Intervention

I am sorry to note that today the tussle between Judiciary, Executive and Legislature has completely forgotten the plight of Common Citizen who have been denied the basic amenities due to rampant corruption, nepotism and personnel interests that have virtually killed forest areas and also water recharging areas leave alone massive noise pollution caused. Both Executive and Judiciary believe you show me the face I would show you the Rule. JEL need to correct itself before it is too late.

Anil Sood 01/06/2016

 

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