SIGN IN SUBSCRIBE

News Update

Indigenous Technology Cruise Missile successfully flight-tested by DRDO off the Odisha coastUS imposes fresh sanctions against Iranian drone productionIREDA's GIFT City office to boost Green Hydrogen and Renewable Energy Manufacturing ProjectsVoting for General Elections 2024 commences tomorrowGlobal warming up to 3 degrees to cost 10% of global GDP: StudyNexus between Election Manifesto and Budget 2024 in July!Clearing the Air: Airtel's SC Decision provides clarity on test of AgencyGST implications for Corporate Debtor under IBCI-T- Petitioner's CIBIL score lowered due to same PAN being issued to another assessee who defaulted on loan; I-T Deptt to inform CIBIL of remedial measures taken: HCBrazil’s proposal to tax super-rich globally finds many takers in G20 GroupI-T- Additions framed on account of unconfirmed cash loans upheld in part, where assessee is unable to discharge onus of proving source of cash deposits : ITATCPM manifesto promising annihilation of all weapons of mass destructions including nuclear, draws flak from Defence MinisterI-T- Registration of trust u/s 12A denied due to inadvertent error by assessee in filing Form 10AB but with wrong selection code; case remanded for reconsideration: ITATBiden favours higher steel tariff on ‘cheating’ China + may up tariff on dominant solar tech suppliersI-T- Enhancement of income is not sustainable if CIT (A) not follow sec 251 and no notice given to assessee of enhancement : ITATUS Poll: Biden trumps Trump in money race by USD 75 mnI-T- Assessee is entitled for depreciation on goodwill arising out of difference between cost of acquisition and net value of assets and liabilities as per book value of CAPL : ITATNetanyahu says Israel to decide how and when to respond to Iran’s aggressionI-T- There is no scope of extrapolation in search assessment based solely on assumptions and surmises in absence of any tangible material qua the relevant assessment year: ITATGoogle slays costs by laying off staffers & shifting roles outside USI-T- Re-assessment cannot be sustained where based on borrowed satisfaction & where conducted in a mechanical manner: ITATHeavy downpours drown Dubai; Airport issues travel advisoryCus - There cannot be an exercise of jurisdiction to injunct invocation of BG, as it is a settled principle of law that bank guarantee constitutes an independent contract between the bank and the party in whose favour BG is furnished: HCHM pledges to make India completely Maoist-freeGST - Except for holding that the taxpayer had availed ITC which is blocked credit u/s 17(5), no reasons are specified - Order set aside and matter remanded: HCMicrosoft to inject USD 1.5 bn in AI Group G42 of UAEGST - Injustice would be caused unless petitioner is provided another opportunity to contest tax demand on merits - Subject to deposit of 10% of demand, matter is remanded: HCCanadian budget proposes more taxes on higher income groups & tax credits for EVsWorld leaders appeal for quick ratification of UN Ocean Treaty

MESSAGE BOARD

   

GST - Too Much of Laws Chasing Too Little Revenue


many laws some revenue

bilkul sahi kaha sir ki jitna kanoon pechida banaoge utna kathin tax wasulna ho jayega. phool men se khushboo ki tarah lijiye tax na ki pattiyan hi tod lojiye.

aap murgi ko maar rahe ho golden eggs ek baar men hi nikaalne ke liye.yahi galti.

sept men revenue collection kam hokar 90000 cr par aa gaya. jabki refunds abhi thil se issue ho nahi paa rahe.

sabka vishwas scheme fail rahi ab tak apni hi kamjoriyon aur portal baba ki meharbani se.

ye govt kyon nahi dekh paa rahi ki wo jo bhi ghoshna karti hai uske liye janta to khair thik hai portal hi ready nahi rehta.saara bin taiyaree ka jhamela 01.07.17 se hi chala aa raha hai.


interest net par hi lage ismen kiska interest. aap khud hi dekh lijiye.enactment ke 2 months baad bhi kitni buri halat hai 5 trillion dollar wali economy ki.


post sale discount circular ...ye toh hona hi tha. bath water ke sath child bhi gaya ye dukh hai,lekin section 15 apne aap men clear hai.

appeal to gst tribunal aur wo bhi revenue bar association wale case men madras hc ke decision ke baad.hahahaha.


cbdt men udin generate hone laga day to day administration men ye isliye ho paya kyonki it wale settled law ke hisaab se chaltey hain indirect tax law abhi bhi 50 saal ka bachha hi hai.har kaam indirect karne aur credit direct lene ki aadat hai.inko.

jai ho. bharat!

Navin Khandelwal 05/10/2019

 

Back

TIOL Tube Latest

TIOL Tube
Shri N K Singh, recipient of TIOL FISCAL HERITAGE AWARD 2023, delivering his acceptance speech at Fiscal Awards event held on April 6, 2024 at Taj Mahal Hotel, New Delhi.

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