News Update

GST - Outlet situated at T-3, IGI Airport is not outside India but within territory of India - applicant is not taking goods out of India, hence supply cannot be called 'export' or 'zero rated supply' : AAROcean freight: Fears of double taxation are misplacedI-T - Decision of CIT(A) based on evidences produced by assessee, which was also available with AO , cannot be challenged further: ITATST - SCN issued is without any foundation and, therefore, adjudication order confirming the demand on such cryptic SCN, cannot be sustained : CESTATCX - Once amount of CENVAT credit allegedly irregularly availed is admittedly reversed, interest is chargeable as piggyback - rule 6(3A)(e) would otherwise become redundant: CESTATVAT - Commercial Department need not burden registered dealers for furnishing bank guarantee, if their interest is already safeguarded: HCDakota DC-3 to join vintage fleet of Air Force soonIndia exploring signing of MoU with South Korea for Road Information SystemThink Tank on National Policy on E-Commerce to meet tomorrowDiu Smart City becomes first to run on 100% Renewable Energy during daytimee-Way Bill - Quandary over 'Bill To Ship To' - CBIC clarifiesST - Surrender charges under ULIP cannot be held as charges towards fund management and hence are not taxable: CESTATI-T - If AO fails to conduct inquiry, it is fit case for invocation of provisions u/s 263: ITATI-T - Merely because Revenue has a charge on property, it cannot declare transfer of title as per Transfer of Property Act as null and void u/s 281: HCGST - CBIC invites taxpayers to join fight against profiteeringNaidu dismisses impeachment notice against CJICX - Rebate which is sanctioned to appellant cannot be appropriated by invoking provisions of s.11, more specifically when dues are due from totally different entity: CESTATExport in new tax regime - Dichotomies & glitches in procedureOnce service tax has been discharged by M/s RMIL on fees collected from investors before remitting 95% amount to Appellant, demand of tax on this sum from Appellant would be double taxation: CESTATUniversalisation of the OECD transfer pricing guidelines (See 'TII Edit')CX - Employee is earning not for himself but also for family members - ST on insurance premium paid by company on group policy for employees as well as their family members is allowable as CENVAT credit: CESTATNDA Govt plays politically safe; shuns major fiscal reformsST - VCES, 2013 - Sec 110 is standalone section & makes no reference to Sec 107(4) of FA, 2013 - applicability of s. 110 is required to be examined independently: CESTATOrdinance promulgated to attach properties of Fugitive Economic OffendersTrade liberalisation increases GDP & private consumption: OECDI-T - Temporary suspension of business should not be construed as permanent closure, and hence will not debar owner from claiming routine commercial expenses: ITATGovt promulgates Ordinances to amend IPC to punish child rapist + take action against fugitive economic offenders15 Maoists killed in major operation by Maharashtra PolicePM to visit China for two-day summit starting on April 27When on date of DPC there was no criminal proceeding pending against officer, promotion cannot be denied merely on ground that CBI had recommended major penalty in a DA case: HCGST team of CGST & SGST officials bag PM's Award on Civil Services DayOnline Dispute Resolution mechanism launched


Sorry, this page is available only for subscribers. If you are already a subscriber, please login. Else, you may create a login ID by registering as a new user and subscribe to our tailor-made packages or Contact Us.

USER LOGIN

Username:
Password:
 
  Forgot Password!
  Register as New User