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Cus - s.129E - If the statute gives a right to appeal upon certain conditions, it is upon fulfilment of those conditions that the right becomes vested and exercisable to the appellant: HCGST - Issues relating to huge economic offence of stealthily procuring raw materials, clandestine manufacturing and fraudulent supply of filter cigarettes - Petitioner should have availed alternate efficacious remedy: HCGST - Where an adverse decision is contemplated, it is mandatory for the authority concerned to afford opportunity of personal hearing even if not sought: HCUS-UK coalition airstrikes at Houthis in Red Sea portGST - Since there has been a delay of one year in taking up the appeal, appellate authority could have granted one more opportunity by issuing a fresh notice of hearing: HCPMK joins NDA; to share dais with PM at SalemGST - s.83 - Extension - Mere noting in the file of the officer concerned cannot constitute an order - It cannot be considered as a fresh order u/s 83(1): HCGST - Attachment of bank account - Provisions of s.83 are to be r/w s.122(1-A) - Maharashtra GST Authorities have the jurisdiction to resort to provisions of s.83 with respect to Petitioner located in Chennai: HCEinstein’s brain was stolen by Princeton Hospital pathologist & cut into 240 pieces to study tissues, reports National GeographicCBDT explains what is 'tax effect' for purpose of filing appeal in cases beyond monetary limitsUK 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
 
IGI Airport to saturate in 2024; Govt sanctions Jewar Airport at G Noida

By TIOL News Service

NEW DELHI, JUNE 24, 2017: THE Government has granted in-principle approval for a greenfield airport at Jewar in Greater Noida in view of the rapidly growing flying requirements of the NCR region. Announcing this at a press conference in New Delhi today Minister for Civil Aviation P. Ashok Gajapathi Raju said that the air traffic in the NCR region is growing very fast. From the current level of 62 million passengers per annum, it is expected to reach upto 91 MPPA by 2020 and 109 MPPA by 2024, which would be the saturation point for the Indira Gandhi International Airport in Delhi. So Delhi will require a second airport in the next 7-10 years.

The Minister said that the Government of Uttar Pradesh had submitted a proposal for construction of a new Greenfield International Airport at Jewar in Greater Noida, and the Ministry of Civil Aviation has accorded in principle approval for the project based on the recommendations of the Steering Committee on Greenfield Airports, headed by the Secretary (CA).

The Noida International Airport will be located 72 Kms from IGI Airport and 65 Kms from Hindon Air Force station Ghaziabad. Yamuna Expressway Industrial Development Authority (YEIDA) is the implementing authority of the project. An area of 3000 hectares has been notified for the airport which will be developed in phases. An area of 1000 hectares will be developed in the first phase at an estimated cost of Rs 10,000 crores. There will be one runway in the first phase. Three more runways will be developed in subsequent phases. The total cost of development of all phases is expected to be around Rs 15-20,000 crores. The airport is expected to cater to 30-50 million passengers per year over the next 10 to 15 years.. Government of UP along with YEIDA will bear the cost of land procurement. The project will be implemented in the PPP mode for which concessionaire is to be identified based on open market competitive bidding process.

Also speaking on the occasion MoS Civil Aviation Shri Jayant Sinha said that the airport is not only important for the NCR region but also for Western Uttar Pradesh. He said cities in this part of Uttar Pradesh have a lot of potential in terms of air traffic and the Noida airport will help in providing seamless domestic and international connectivity to the region. He further said that the project will give a big boost to economic development in the region. Greater Noida and Western Uttar Pradesh have many industries that will benefit from this improved connectivity. It will also encourage more industrialization, thus pushing economic growth.

Secretary Civil Aviation Shri R.N. Choubey informed that metro connectivity was being extended to Jewar, and so the airport would have multi modal connectivity by road and rail. He further said that UP Government and YEIDA will be preparing the Techno- Economic Feasibility Report for the project. He said this airport is expected to be operational within the next 4-5 years.


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