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Air India, Nippon Airways join hands for travel between India and Japan 10 killed as two Malaysian Military copters crash GST - s.107(11) - There is no fetter on the powers of the appellate authority to modify the order passed u/s 130(2) by the adjudicating authority: HC SC grills Baba Ramdev & Balkrishna in misleading ad case CBDT amends jurisdiction of Pr CCITs in many cities GST - Statutory mandate of sub-section (4) of Section 75 is that a personal hearing should be provided either, if requested for, or if an order adverse to the taxpayer is proposed to be issued: HC CCI invites proposal for launching Market Study on AI and Competition GST - Documents with regard to service of notice could not be located; that impugned orders came be to be passed without an opportunity being granted to Petitioner to submit documents and being heard - Matter remanded: HC India initiates anti-dumping duty probe against import of Telescopic Channel drawer slider from China AFMS, Delhi IIT ink MoU for collaborative research & training CX - The activity of waste water treatment is part of manufacturing activity and any activity which is directly or indirectly in relation to manufacture would be eligible for credit: CESTAT DoP&T notifies fixation of Himachal IPS cadre strength and amendment in pay rules India, Cambodia ink MoU for HRD in Civil Service Bengaluru Airport Customs seizes 10 yellow anacondas from check-in baggage ST - Appellant has collected some service tax from service recipient, which has been deposited with Department, same shall not be refunded to appellant: CESTAT Delhi daily air traffic goes beyond 4.7 lakh pax Govt organizing National Colloquium on Grassroots Governance 2 Telangana students killed in road accident in US I-T- Addl. Commr. or above ranking officer to probe how I-T portal reflected demand being raised against assessee, despite Revenue not having issued any notice or passed any order against assessee: HC Another tremor of 6.3 magnitude visits Taiwan; shakes tall buildings I-T- Donations given out of accumulated funds u/s 11(2) are not allowable as application of income for charitable or religious purposes and the same shall be deemed to be income of assessee : ITAT You are arrogant Mr Musk, says Australian PM over Sydney stabbing video ban United Health reports theft of huge Americans’ data I-T - Travelling conveyance expenses should be disallowed to extent of bills which were not verifiable and have no nexus with business of assessee: ITAT Earth Day: Biden announces USD 7 bn grant for rooftop solar panels OECD to release annual report on Tax Inspectors without Borders on April 29 EU introduces easy Schengen Visa rules for Indians I-T- Leasehold rights in land are not within purview of section 50C of Act : ITAT


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Mumbai, December 29, 2015 Cus - Order passed after 16 months from date of personal hearing - since Revenue's orders have immediate impact and parties ought to know their position in financial year to year, it is not proper that such an enormous delay should take place - Order quashed: HC

Mumbai, December 29, 2015 Cus - Letter of Deputy Head, Trade Investigation, HK bears Caveat to effect that said document is not to be used in any proceeding & if caveat free report has to be obtained, procedure under Mutual Legal Assistance ordinance ought to be followed: CESTAT

Bangalore, December 29, 2015 I-T - Whether when law u/s 153 provides a max period of three years for completion of assessment & reassessment, a period of four years is to be construed as reasonable period of limiation in such a case - YES: HC

Ahmedabad, December 29, 2015 Gujarat Sales Tax - Whether assessee is liable to additional tax u/s 4 on sales which are exempted by Entry pursuant to Notification u/s 49(2) - NO: HC

Mumbai, December 29, 2015 ST - MSRTC providing buses on hire to schools for conducting educational trip - such services are excluded from purview of Tour Operator service/Rent-a-cab service - Order of Commissioner (A) upheld and Revenue appeals rejected: CESTAT

Chennai, December 28, 2015 VCES Scheme - Audit conducted before cutoff date of 01.03.2013 - Assessee is not eligible for Scheme as per Sec 106(2) of Finance Act, 2013: High Court

Mumbai, December 28, 2015 Import of coal for use in Corex furnace - End-use condition cannot be built into Notification when there is none - no convincing reason given to justify that weakly coking coal cannot be considered as coking coal, albeit weakly: CESTAT

Bangalore, December 28, 2015 I-T - Whether benefit of Sec 54 is to be allowed only when assessee purchases a property 1 year prior to sale of his property or 2 years after such sale - YES: HC

Mumbai, December 28, 2015 CX - Revenue cannot argue against own Circular - Appellant has availed 20% of Cenvat Credit & forgone 80% on basis of pro rata use of inputs used in dutiable & exempted goods & this is sufficient compliance of rule 6 (2): CESTAT

New Delhi, December 28, 2015 RTI Act - Whether RBI can deny access to information like reports of inspections, statements of bank and information related to NPAs under RTI Act on grounds of economic interest of country - NO: SC

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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.

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April 23, 2024

TP- AO does not have the jurisdiction to propose any transfer pricing adjustment in case where he has not made any reference to the TPO: ITAT

April 23, 2024

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April 23, 2024

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April 23, 2024

SARFAESI Act - Petition has been filed to overreach recovery proceedings, wherein Petitioners have been found to be liable to pay certain amount so as to circumvent provisions of statutory appeal : HC

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