TIOL - Tax News, GST, Income Tax, Service Tax, Customs, Central Excise, International Taxation, Fiscal Policy, Monetary Policy, Economy, Revenue, Judicial Decisions, Tax Rulings & Tax Video

News Update

I-T- Exercise of jurisdiction u/s 263 is invalid if AO has taken particular view, which though, may not be only view, but certainly can be possible view : ITAT Torrential rains cause havoc in Pakistan; 87 killed I-T- Additions framed on account of unexplained money upheld as assessee was unable to prove source of cash deposited in assessee's bank account : ITAT US imposes sanctions on 3 Chinese firms and one from Belarus for transfering missile tech to Pakistan CX - Appellant has regularly filed statutory returns on monthly basis and the fact of clearance of goods and availment of credit was duly reflected in returns but same has not been examined by authorities below, impugned order is not sustainable: CESTAT Dubai terribly water-logged as it has no storm drains ST - When services are received from separate source & accounted separately in separate ledgers, there cannot be any question of clubbing them under one category: CESTAT EU online content rules tightened against adult content firms Cus - The continuous suspension of license of Customs Broker without either conducting an inquiry or issuing a notice for revocation of license or imposition of penalty is bad in law and needs to be set aside: CESTAT EV market cools off in US; Ford, GM eyeing gas-powered trucks Apple China tosses out WhatsApp & Threads from App store after being ordered China announces launch of new military cyber corps Railways operates record number of additional Trains in Summer Season 2024 GST - Assessing officer took into account the evidence placed on record and drew conclusions - Bench is, therefore, of the view that petitioner should present a statutory appeal: HC 1st phase polling - Close to 60% voter turnout recorded Ministry of Law to organise Conference on Criminal Justice System tomorrow GST - To effectively contest the demand and provide an opportunity to petitioner to place all relevant documents, matter remanded but by protecting revenue interest: HC Govt appoints New Directors for 6 IITs Nexus between Election Manifesto and Budget 2024 in July!GST - Classification - Matter which had stood examined by Principal Commissioner is being treated differently by Additional Commissioner - Prima facie , approach appears to be perverse: HC Israel launches missile attack on Iran EC holds Video-Conference with over 250 Observers of Phase 2 polls


Page 319

Ernakulam, June 10, 2016 ST - VCES, 2013 is an Amnesty scheme - To allow petitioner to effect payments belatedly would tantamount to altering terms of settlement and that cannot be done by High Court - Petition dismissed

New Delhi, June 10, 2016 CX - Mandatory pre-deposit - While jurisdiction of Court to grant relief notwithstanding amended Sec 35F cannot possibly be taken away, said power should be used in rare and deserving cases: High Court

Mumbai, June 10, 2016 Cus - Respondent is 100% EOU and their import is not chargeable to custom duty, therefore, even if there is any variation in valuation, there will be no effect on custom duty payment - Revenue appeal dismissed: CESTAT

Chennai, June 10, 2016 I-T - Whether when salaries paid by Govt to priests and nuns were actually income of religious institutions they represented, any TDS obligation arises in such a case even if their income is exempt - NO: HC

Mumbai, June 10, 2016 ST - Refund of any amount is governed by Sec 11B - Tribunal being creature under CEA, 1944/CA, 1962 it cannot go beyond statute and, therefore, cannot relax time limitation provided under the statute: CESTAT

New Delhi, June 09, 2016 Cus - Given proximity of date of manufacture and date of import, it cannot be said that said car ceased to be new car and became 'second hand' car at time of its import � Order of CCESC giving benefit of 21/2002-Cus cannot be said to be perverse: High Court

Mumbai, June 09, 2016 CX - In case of retrospective levy, interest for period before enactment of provision cannot be demanded � Revenue appeal dismissed: CESTAT

New Delhi, June 09, 2016 I-T - Whether Court can direct Revenue to accept offer of Petitioners to pay present value of balance sum adjusted against cost inflation index where there was no confirmation of sale in favour of Petitioners & correct market price can be determined only through re-auction � NO: HC

Mumbai, June 09, 2016 Cus - Even though there has been short shipment, what has been paid on import is Customs duty only - there is no other provision except Sec 27 for refund of duty - limitation applies and, therefore, claim filed after six months is time barred: CESTAT

Chennai, June 08, 2016 Writ Vs Appeal - Sec 35F of Central Excise Act, 1944 - Order passed by Cestat in Stay Application - Whether Writ Petition is maintainable - Yes says High Court and differs from earlier decision of same High Court

Page : 1 \| 2 \| 3 \| 4 \| 5 \| 6 \| 7 \| 8 \| 9 \| 10 \| 11 \| 12 \| 13 \| 14 \| 15 \| 16 \| 17 \| 18 \| 19 \| 20 \| 21 \| 22 \| 23 \| 24 \| 25 \| 26 \| 27 \| 28 \| 29 \| 30 \| 31 \| 32 \| 33 \| 34 \| 35 \| 36 \| 37 \| 38 \| 39 \| 40 \| 41 \| 42 \| 43 \| 44 \| 45 \| 46 \| 47 \| 48 \| 49 \| 50 \| 51 \| 52 \| 53 \| 54 \| 55 \| 56 \| 57 \| 58 \| 59 \| 60 \| 61 \| 62 \| 63 \| 64 \| 65 \| 66 \| 67 \| 68 \| 69 \| 70 \| 71 \| 72 \| 73 \| 74 \| 75 \| 76 \| 77 \| 78 \| 79 \| 80 \| 81 \| 82 \| 83 \| 84 \| 85 \| 86 \| 87 \| 88 \| 89 \| 90 \| 91 \| 92 \| 93 \| 94 \| 95 \| 96 \| 97 \| 98 \| 99 \| 100 \| 101 \| 102 \| 103 \| 104 \| 105 \| 106 \| 107 \| 108 \| 109 \| 110 \| 111 \| 112 \| 113 \| 114 \| 115 \| 116 \| 117 \| 118 \| 119 \| 120 \| 121 \| 122 \| 123 \| 124 \| 125 \| 126 \| 127 \| 128 \| 129 \| 130 \| 131 \| 132 \| 133 \| 134 \| 135 \| 136 \| 137 \| 138 \| 139 \| 140 \| 141 \| 142 \| 143 \| 144 \| 145 \| 146 \| 147 \| 148 \| 149 \| 150 \| 151 \| 152 \| 153 \| 154 \| 155 \| 156 \| 157 \| 158 \| 159 \| 160 \| 161 \| 162 \| 163 \| 164 \| 165 \| 166 \| 167 \| 168 \| 169 \| 170 \| 171 \| 172 \| 173 \| 174 \| 175 \| 176 \| 177 \| 178 \| 179 \| 180 \| 181 \| 182 \| 183 \| 184 \| 185 \| 186 \| 187 \| 188 \| 189 \| 190 \| 191 \| 192 \| 193 \| 194 \| 195 \| 196 \| 197 \| 198 \| 199 \| 200 \| 201 \| 202 \| 203 \| 204 \| 205 \| 206 \| 207 \| 208 \| 209 \| 210 \| 211 \| 212 \| 213 \| 214 \| 215 \| 216 \| 217 \| 218 \| 219 \| 220 \| 221 \| 222 \| 223 \| 224 \| 225 \| 226 \| 227 \| 228 \| 229 \| 230 \| 231 \| 232 \| 233 \| 234 \| 235 \| 236 \| 237 \| 238 \| 239 \| 240 \| 241 \| 242 \| 243 \| 244 \| 245 \| 246 \| 247 \| 248 \| 249 \| 250 \| 251 \| 252 \| 253 \| 254 \| 255 \| 256 \| 257 \| 258 \| 259 \| 260 \| 261 \| 262 \| 263 \| 264 \| 265 \| 266 \| 267 \| 268 \| 269 \| 270 \| 271 \| 272 \| 273 \| 274 \| 275 \| 276 \| 277 \| 278 \| 279 \| 280 \| 281 \| 282 \| 283 \| 284 \| 285 \| 286 \| 287 \| 288 \| 289 \| 290 \| 291 \| 292 \| 293 \| 294 \| 295 \| 296 \| 297 \| 298 \| 299 \| 300 \| 301 \| 302 \| 303 \| 304 \| 305 \| 306 \| 307 \| 308 \| 309 \| 310 \| 311 \| 312 \| 313 \| 314 \| 315 \| 316 \| 317 \| 318 \| 319 \| 320 \| 321 \| 322 \| 323 \| 324 \| 325 \| 326 \| 327 \| 328 \| 329 \| 330 \| 331 \| 332 \| 333 \| 334 \| 335 \| 336 \| 337 \| 338 \| 339 \| 340 \| 341 \| 342 \| 343 \| 344 \| 345 \| 346 \| 347 \| 348 \| 349 \| 350 \| 351 \| 352 \| 353 \| 354 \| 355 \| 356 \| 357 \| 358 \| 359 \| 360 \| 361 \| 362 \| 363 \| 364 \| 365 \| 366 \| 367 \| 368 \| 369 \| 370 \| 371 \| 372 \| 373 \| 374 \| 375 \| 376 \| 377 \| 378 \| 379 \| 380 \| 381 \| 382 \| 383 \| 384 \| 385 \| 386 \| 387 \| 388 \| 389 \| 390 \| 391 \| 392 \| 393 \| 394 \| 395 \| 396 \| 397 \| 398 \| 399 \| 400 \| 401 \| 402 \| 403 \| 404 \| 405 \| 406 \| 407 \| 408 \| 409 \| 410 \| 411 \| 412 \| 413 \| 414 \| 415 \| 416 \| 417 \| 418 \| 419 \| 420 \| 421 \| 422 \| 423 \| 424 \| 425 \| 426 \| 427 \| 428 \| 429 \| 430 \| 431 \| 432 \| 433 \| 434 \| 435 \| 436 \| 437 \| 438 \| 439 \| 440 \| 441 \| 442 \| 443 \| 444 \| 445 \| 446 \| 447 \| 448 \| 449 \| 450 \| 451 \| 452 \| 453 \| 454 \| 455 \| 456 \| 457 \| 458 \| 459 \| 460 \| 461 \| 462 \| 463 \| 464 \| 465 \| 466 \| 467 \| 468 \| 469 \| 470 \| 471 \| 472 \| 473 \| 474 \| 475 \| 476 \| 477 \| 478 \| 479 \| 480 \| 481 \| 482 \| 483 \| 484 \| 485 \| 486 \| 487 \| 488 \| 489 \| 490 \| 491 \| 492 \| 493 \| 494 \| 495 \| 496 \| 497 \| 498 \| 499 \| 500 \| 501 \| 502 \| 503 \| 504 \| 505 \| 506 \| 507 \| 508 \| 509 \| 510 \| 511 \| 512 \| 513 \| 514 \| 515 \| 516 \| 517 \| 518 \| 519 \| 520 \| 521 \| 522 \| 523 \| 524 \| 525 \| 526 \| 527 \| 528 \| 529 \| 530 \| 531 \| 532 \| 533 \| 534 \| 535 \| 536 \| 537 \| 538 \| 539 \| 540 \| 541 \| 542 \| 543 \| 544 \| 545 \| 546 \| 547 \| 548 \| 549 \| 550 \| 551 \| 552 \| 553 \| 554 \| 555 \| 556 \| 557 \| 558 \| 559 \| 560 \| 561 \| 562 \| 563 \| 564 \| 565 \| 566 \| 567 \| 568 \| 569 \| 570 \| 571 \| 572 \| 573 \| 574 \| 575 \| 576 \| 577 \| 578 \| 579 \| 580 \| 581 \| 582 \| 583 \| 584 \| 585 \| 586 \| 587 \| 588 \| 589 \| 590 \| 591 \| 592 \| 593 \| 594 \| 595 \| 596 \| 597 \| 598 \| 599 \| 600 \| 601 \| 602 \| 603 \| 604 \| 605 \| 606 \| 607 \| 608 \| 609 \| 610 \| 611 \| 612 \| 613 \| 614 \| 615 \| 616 \| 617 \| 618 \| 619 \| 620 \| 621 \| 622 \| 623 \| 624 \| 625 \| 626 \| 627 \| 628 \| 629 \| 630 \| 631 \| 632 \| 633 \| 634 \| 635 \| 636 \| 637 \| 638 \| 639 \| 640 \| 641 \| 642 \| 643 \| 644 \| 645 \| 646 \| 647 \| 648 \| 649 \| 650 \| 651 \| 652 \| 653 \| 654 \| 655 \| 656 \| 657 \| 658 \| 659 \| 660 \| 661 \| 662 \| 663 \| 664 \| 665 \| 666 \| 667 \| 668 \| 669 \| 670 \| 671 \| 672 \| 673 \| 674 \| 675 \| 676 \| 677 \| 678 \| 679 \| 680 \| 681 \| 682 \| 683 \| 684 \| 685 \| 686 \| 687 \| 688 \| 689 \| 690 \| 691 \| 692 \| 693 \| 694 \| 695 \| 696 \| 697 \| 698 \| 699 \| 700 \| 701 \| 702 \| 703 \| 704 \| 705 \| 706 \| 707 \| 708 \| 709 \| 710 \| 711 \| 712 \| 713 \| 714 \| 715 \| 716 \| 717 \| 718 \| 719 \| 720 \| 721 \| 722 \| 723 \| 724 \| 725 \| 726 \| 727 \| 728 \| 729 \| 730 \| 731 \| 732 \| 733 \| 734 \| 735 \| 736 \| 737 \| 738

Archive

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.

April 19, 2024 | New Delhi

Railways operates record number of additional Trains in Summer Season 2024

April 19, 2024 | New Delhi

Ministry of Law to organise Conference on Criminal Justice System tomorrow

April 19, 2024 | New Delhi

EC holds Video-Conference with over 250 Observers of Phase 2 polls

April 19, 2024 | New Delhi

AFMS, IIT Kanpur to develop tech to address health problems of soldiers

View All»

April 16, 2024

Diversion of goods imported under Advance Licence to Open Market: Mens rea upheld

April 09, 2024

Hearings in CESTAT after commencement of CIRP by NCLT

View All»

VISION 360 -
'A Treasury of Key Tax &
Regulatory Developments!'

April 2024 Edition

Shri Ram Nath Kovind, Hon'ble 14th President of India, addressing the gathering at TIOL Special Awards event.

April 19, 2024

I-T- Onus of establishing receipt of services from Associated Enterprise has to be discharged on year to year basis by assessee company: ITAT

April 19, 2024

DTAA - Payment received on account of subscription, professional and training services cannot be deemed to be Fees for Technical service and be taxed as Royalty, where no technical know-how is made available: ITAT

April 19, 2024

Companies Act - Charges of professional misconduct in SCN are proved for which monetary penalty can be imposed : NFRA

April 19, 2024

PMLA - Application for anticipatory bail can be rejected as there is failure on part of applicant to appear before trial Court despite service of bailable warrant : HC

Income Tax	Customs	Excise	Service Tax	FEMA	DGFT	SEZ	Misc	Pitara	Budget
Faceless Scheme Direct Tax Vivad se Vishwas Black Money Basket Benami Act BM Cases e-Assessment Notifications Circulars Instructions SC Cases HC Cases ITAT Cases Advance Ruling Other Cases Directorate of Income Tax (Systems) Citizen's Charter Reports	Tariff Notfn Valid Tariff Notfn Non Tariff Notfn Valid Non-Tariff Notfn Circulars SC Cases HC Cases Cestat Cases Advance Ruling Settlement Safeguard Duty Notfn Anti-dumping Notfn Drawback Cases CVD MISC Circulars N T/CAA/DRI Customs Rules	Sabka Vishwas Scheme 2019 Valid Non Tariff Notfn CCRs - 2017 Central Excise Rules Valid Tariff Notfn Tariff Notfn Non Tariff Notfn Circulars SC Cases HC Cases Cestat Cases Advance Ruling Cesses Notifications Excise Amendment MISC Circulars Settlement Commr.(A) Order Tribunal	Sabka Vishwas Scheme 2019 Accounting Head Notifications Service Tax Rules Circulars SC Cases HC Cases Cestat Cases Advance Ruling FAQ Finance Act, 1994 Commr. (A) Orders Removal of Difficulty VCES Miscellaneous	FEO Act DIPP Notification FDI Approved Exchange Manual Fema Notifications SC Cases HC Cases RBI Notifications RBI Circulars Act Rules Regulations Master Circulars PMLA Notifications Depository Scheme Press Note	Notifications Circulars Public Notices Trade Notice FTDR Amendment 2010 MISC	Notifications Instructions Act 2005 Rules 2006 DGEP State Acts State Policy MISC	SC Cases HC Cases VAT Cases Miscellaneous	TPRU Service News Promotion Transfer Deputation Posts Cadre Review Transfer Policy Training Circulars Recruitment Rules Pay Commission Service Cases Empanelment MISC	Budget Speeches Union Budgets Economic Surveys TRU - D. O. Letter Finance Acts Finance Bill Budget Circular Finance Commission

News Update

TIOL Tube Latest

TOP NEWS

AR not Afar by SK Rahman

VISION 360

TII LATEST

TIOLCORPLAWS LATEST