News Update

CBDT explains what is 'tax effect' for purpose of filing appeal in cases beyond monetary limitsUS-UK coalition airstrikes at Houthis in Red Sea portPMK joins NDA; to share dais with PM at SalemUK begins hunt for sunken ship loaded with gold worth 4 bn poundsPrivacy at Stake: Evaluating Data Principal Rights in the DPDP Act 2023Delhi regains its title as world’s most polluted cityLitigation Management: CBDT revises instructions and monetary limits prescribed for filing appeal or SLP before courtsUnsettled borders and rise of China major challenges for defence forces, says Chief Anil ChauhanI-T- Rules of natural justice are contravened where notices of hearing are not sent to valid email addresses indicated by assessee & order passed in consequence thereto is invalidated : HCAmerican IRS Chief expects workforce to surpass one-lakh-mark in next 3 yrsI-T - Provisions of Section 148A clearly require that an assessee be granted opportunity of personal hearing & an order passed in non-compliance with this requirement stands vitiated: HCDeloitte LLP goes for restructuring to tamp down costsI-T - If no error is being found by AO qua acceptance and genuineness of transaction of assessee, then AO cannot initiate reopening, and if reopening is not permitted, then CIT cannot issue notice u/s 263: ITATNvidia unfolds powerful chip to retain edge in AI marketI-T - Additions framed u/s 68 were rightly quashed where the assessee has discharged onus of identity, creditworthiness and genuineness of transaction : ITATTrump’s lawyer says Trump has not means to raise bond in USD 464 mn fraud caseI-T- Addition cannot be framed on account of unexplained cash credit, where assessee has recorded the sales in its books and there is no adverse finding qua stock and purchases: ITATFood scarcity: Gaza heading for mass deathsCX - Tax demands merits being quashed where based on oral statements but without permitting Assessee to cross examine the deponents & where also based on circumstantial statements: CESTATBJP decides to go with Chirag Paswan; trashes his uncle Pashupati Paras in BiharST - Being appellant a registered service provider and filing their Service Tax returns, demand cannot be raised on the basis of Form-26AS obtained from Income Tax Department: CESTATDubai Financial Centre frames rules to regulate digital assetsCus - Clearance of domestic household goods without proper clearance, does not warrant disproportionate penalty of Rs 50000/-, as the same is not a case of regular import by an IEC holder: CESTATCBDT directs income tax field offices to remain open on March 29, 30 & 31stCX - In so far as security services for their factory and trading premises was concerned, said services was directly connected with their business and hence, appellant was entitled for credit of service tax paid: CESTAT
TIOL Accolades
TIOL ACCOLADES

DDT in Limca Book of Records - Fifth Year in a Row

YOUR DDT has entered the Limca Book of Records - AGAIN - in the 2016 edition as the longest running daily online column on tax matters. This is the longest running daily column by a single author on any matter in any publication. This is the fifth time in a row that DDT has entered the Limca Book of Records.

As the citation shows, DDT had completed 2630 issues by June 30, 2015. That is the cut-off date for Limca Book of Records for entries for the year 2016. After that date, DDT has come out with more than 200 issues, as today's DDT is numbered 2845.

DDT is grateful for all the support from the Netizens, the Government and colleagues, who made this possible. DDT 's mission is not to make records, but to make the records straight for you.

 

DDT in Limca Book of Records

DDT in Limca Book of Records - Fourth Time in a Row

YOUR DDT has entered the Limca Book of Records - AGAIN - in the 2015 edition as the longest running daily online column on tax matters. This is the longest running daily column by a single author on any matter in any publication. This is the fourth time in a row that DDT has entered the Limca Book of Records.

As the citation shows, DDT had completed 2385 issues by June 30, 2014. That is the cut-off date for Limca Book of Records for entries for the year 2015. After that date, DDT has come out with nearly 200 issues, as today's DDT is numbered 2562.

DDT is grateful for all the support from the Netizens, the Government and colleagues, who made this possible. DDT will continue its pursuit relentlessly, with your support - We are not to make records, but to make the records straight for you.

 

DDT in Limca Book of Records

DDT in Limca Book of Records - Third Time in a row

YOUR DDT  has entered the Limca Book of Records - AGAIN - in the 2014 edition as the longest running daily online column on tax matters. This is the longest running daily column by a single author on any matter in any publication. This is the third time in a row that DDT has entered the Limca Book of Records.

As the citation above shows, DDT had completed 2137 issues by June 30, 2013. That is the cut-off date for Limca Book of Records for entries for the year 2014. After that date, DDT has come out with nearly 200 issues, as today's DDT is numbered 2323.

DDT is grateful for all the support from the Netizens, the Government and colleagues, who made this possible. DDT  will continue its pursuit relentlessly, with your support - to make the records straight for you. A BIG Thank You !

DDT in Limca Book of Records

DDT Enters Limca Book of Records Again - 2013

YOUR DDT has entered the Limca Book of Records - AGAIN - in the 2013 edition as the longest running daily online column on tax matters. This is the longest running daily column by a single author on any matter in any publication.

As the citation above shows,  DDT had completed 1890 issues by June 30, 2012. That is the cut-off date for Limca Book of Records for entries for the year 2013. After that date, DDT has come out with more than 150 issues, as today's DDT is numbered 2051.

It is a proud moment for all of us in TIOL that we hold the prestigious Limca record, but at the same time, we realize that we are here not for the records but to make the records straight for you.

DDT is grateful for all the support from the Netizens, the Government and colleagues, who made this possible. DDT will continue its pursuit relentlessly, with your support. A BIG Thank You!

DDT in Limca Book of Records

DDT in Limca Book of Records

DDT, TIOL'S longest running column, enters the Limca Book of Records as the longest running daily online column on tax.

DDT completed 1641 issues by June 30, 2011. That was the cut off date for Limca Book of Records for entries for the year 2012. After that date, DDT has come out with more than 150 issues.

A proud moment for all of us in TIOL that we now hold the prestigious Limca record, but at the same time, we realize that we are here not for the records but to make the records straight for you.

DDT is grateful for all the support from the Netizens, the Government and colleagues, who made this possible. DDT will continue its pursuit, with your support. A BIG Thank You!

WTO Certificate of Merit

TIOL Awarded WCO Certificate of Merit

IN a glittering function at Delhi 's National Museum, Chairman of the Central Board of excise and Customs, Shri Dutt Mazumder presented the WCO Certificate of Merit to Shri Shailendra Kumar, CEO of Taxindiaonline.com for rendering exceptional service to the international Customs Community.

 

TIOL Tube Latest

Shri Shailendra Kumar, Trustee, TIOL Trust, giving welcome speech at TIOL Awards 2023




Shri M C Joshi, Former Chairman, CBDT




Address by Shri Buggana Rajendranath, Hon'ble Finance Minister of Andhra Pradesh at TIOL Awards 2023