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

Jio turns world’s top telco in terms of data traffic India takes part in 'Institutionalization of SMART Government for Improving Service Delivery' in London Gadkari faints during campaign; Heat takes toll on his health 'Sunflowers were the first ones to know' - film by FTII student selected at Cannes SARFAESI Act - Award of interest on auction money at rate applicable to fixed deposits is not a correct view and rate of interest deserves to be enhanced: SC (See 'TIOLCorplaws')ST - Chit Funds - Tax was not paid under mistake of law but upon demand by tax authorities - Refund not having been filed within time was rightly rejected: HC SC asks EC to submit more info on reliability of EVMs GST - Without considering reply on merits, proper officer has held that reply is unsatisfactory and, therefore, he is left with no alternative but to create demand - Order set aside: HC GST - Cancellation of registration retrospectively - Show Cause Notice and the impugned order are bereft of any details, accordingly the same cannot be sustained: HC GST - Registration could not have been cancelled retrospectively for the period for which returns were filed and taxpayer was compliant: HC GST - Notfn 11/2017-CTR amended by 03/2022 - Work contracts executed before 18 July 2022 - Petitioners should file refund claims before respondent agitating grievance and same be examined and orders passed within 4 months: HC Italy imposes USD 10 mn fine on Amazon for unfair business practices GST - Entire tax liability has been realised by appropriating the amount from the petitioner's bank account, therefore, Revenue interest stands fully secured - Since tax proposal was confirmed without participation of petitioner, order set aside and matter remanded: HC Caste Census is my mission, says Rahul Right to Sleep - A Legal lullaby US warns Pak of punitive sanctions against trade deal with Iran I-T- Income surrendered before approaching Settlement Commission not covered u/s 115BBE, where this provision did not exist during relevant AYs: HC Chinese companies decry anti-subsidy probe by EU I-T- Entire interest expenditure is allowable as deduction if loan funds is not diverted for non-income earning activities/personal purposes : ITAT UK to send military aid package worth USD 619 mn to Ukraine US regulator bans non-compete agreements by employees Air India, Nippon Airways join hands for travel between India and Japan SC grills Baba Ramdev & Balkrishna in misleading ad case


Page 400

Ahmedabad, October 23, 2015 Coal classification issue - It is convention to grant waiver of pre-deposit when matter is referred to Larger Bench - Dismissal of modification application is not correct - HC grants complete waiver and modifies Tribunal's order

Ahmedabad, October 23, 2015 I-T - Whether amount of subsidy received prior to insertion of Explanation 10 to sub-section (1) of section 43 is to be reduced from cost of assets - YES: HC

New Delhi, October 23, 2015 ST - As appellant has filed returns regularly, foundation of SCN invoking s. 72(a) is incorrect - no allegation that appellant have failed to assess tax as per provisions of law, hence s.72(b) not attracted - SCN is deficient: CESTAT

Geneva, October 22, 2015 WTO Members express concern over Indian import procedure for apple, marble products & boric acid

New York, October 22, 2015 Women today account for 22% of Parliamentarians & 18% of appointed Ministers: UN Report

Mumbai, October 21, 2015 Cus - From 6/8/2014 there is no provision under new section 129E of Customs Act, 1962 that provides for stay by Tribunal against order of Commissioner or Commissioner (Appeals) - Application dismissed: CESTAT

Ahmedabad, October 21, 2015 Service Tax - Recovery under Section 87 cannot be resorted to at Show Cause Notice stage - High Court quashes notices issued to debtors under Section 87

New Delhi, October 21, 2015 CX - Automobile parts sold in boxes of 100 units each - fasteners are sold to wholesaler enabling them to deliver such fasteners to consumer - since in terms of rule 29 there is no requirement to declare RSP, duty based on TV is legal: CESTAT

Kolkata, October 21, 2015 Cus - Notfn. 20/2006 - Electrode Grade Calcined Petroleum Coke - there is nothing in Notification that exemption is available only to 'coke' derived from 'coal' & not derived from 'petroleum' - restriction cannot be imported into notification: CESTAT

New Delhi, October 20, 2015 Cus - Proceedings before Settlement Commission are not adjudicatory but are by way of settlement - Court does not sit in appeal over settlement orders passed- No interference called for in matter of penalty and fine imposed by CCESC - Petition dismissed: 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 24, 2024 | New Delhi

India takes part in 'Institutionalization of SMART Government for Improving Service Delivery' in London

April 24, 2024 | New Delhi

'Sunflowers were the first ones to know' - film by FTII student selected at Cannes

April 24, 2024 | New Delhi

Govt receives 7 bids for giga-scale Advanced Chemistry Cell under PLI

April 24, 2024 | New Delhi

1351 candidates to contest in phase 3 of LS Elections

View All»

April 22, 2024

Requisite Checks for Appeals - Pre Deposit

April 16, 2024

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

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 24, 2024

TP - Arm's length computation of corporate guarantees issued by assessee in favour of its AEs abroad taken at 1% which has been approved for earlier A.Ys, cannot be disturbed in absence of contrary: ITAT

April 24, 2024

I-T- DTAA does not get triggered at all when a domestic company pays DDT u/s 115-O of the Act : ITAT

April 24, 2024

PMLA - Considering money trail and involvement of applicant in crime he is not entitled for anticipatory bail : HC

April 24, 2024

Competition Act - Informant has neither referred to any particular agreement nor provided any document which suggest existence of anti-competitive agreement : CCI

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