News Update

Apple China tosses out WhatsApp & Threads from App store after being orderedChina announces launch of new military cyber corpsRailways operates record number of additional Trains in Summer Season 2024GST - 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: HC1st phase polling - Close to 60% voter turnout recordedGST - Tax liability was imposed because petitioner replied without annexing documents - It is just and appropriate that an opportunity be provided to contest tax demand on merits, albeit by putting petitioner on terms: HCMinistry of Law to organise Conference on Criminal Justice System tomorrowGST - To effectively contest the demand and provide an opportunity to petitioner to place all relevant documents, matter remanded but by protecting revenue interest: HCGovt appoints New Directors for 6 IITsGST - Petitioner has failed to avail opportunities granted repeatedly - Court cannot entertain request for remand as there has been no procedural impropriety and infraction of any provision by assessing authority: HCNexus 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: HCI-T- Denial of deduction u/s 80IC can create perception of genuine hardship, where claimant paid tax in excess of what was due; order denying deduction merits re-consideration: HCIsrael launches missile attack on IranEC holds Video-Conference with over 250 Observers of Phase 2 pollsGermany disfavours Brazil’s proposal to tax super-richI-T- If material found during search are not incriminating in nature AO can not made any addition u/s 153A in respect of unabated assessment: ITATGovt appoints Dinesh Tripathi as New Navy ChiefAFMS, IIT Kanpur to develop tech to address health problems of soldiersFBI sirens against Chinese hackers eyeing US infrastructureKenya’s top military commanders perish in copter crashCBIC notifies Customs exchange rates w.e.f. April 19, 2024Meta shares ‘Most Intelligent’ AI assistant built on Llama modelDengue cases soaring in US - Close to ‘Emergency situation’: UN Agency
 
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Pune, January 04, 2015
Growth in power and other infrastructure Sectors have to be revived, says FM
 
New Delhi, January 04, 2015
CENVAT - Appellant taking credit of differential duty paid under cover of supplementary invoice by principal manufacturer after finalization of provisional assessment - since this is not case of any suppressed production, invocation of Rule 7(1)(b) to deny credit is improper: CESTAT
 
New Delhi, January 03, 2015
2014 was eventful year for MCA; Many initiatives taken and more in pipeline
 
New Delhi, January 03, 2015
Cus - Decorated female figure with two hands and legs missing cannot be permitted to leave India as statue has historical value - Once a specialized committee has come to conclusion, Commissioner(A)'s view is not final - Stay granted: CESTAT
 
New Delhi, January 02, 2015
Govt lays down revised roadmap for implementation of Indian Accounting Standards except for banks, NBFCs and Insurance Cos
 
Ahmedabad, January 02, 2015
CX - What is the meaning of - his factory - ? One or more factories?
 
Chandigarh, January 02, 2015
Income tax - Whether brokerage can be paid to Directors of the assessee-company in case of sale of its property and same is deductible as transfer expenses from capital gains arising out of such transfer - NO: ITAT
 
Mumbai, January 02, 2015
Cus - Burning loss will not fall under clause (b) of Sec 65(2) of Customs Act - Burning loss does not exist physically, therefore, it is neither capable of being cleared from warehouse nor actually cleared - duty demands set aside: CESTAT
 
New Delhi, January 01, 2015
Cabinet decides to replace Planning Commission by new institution called Niti Aayog
 
Mumbai, January 01, 2015
Cus - Alleged lapse on part of Examiner in not examining goods properly and feeding of un-qualified examination report in EDI System would at best be dereliction of duty for which he can be proceeded under Conduct Rules - appellant has not benefited in any way: CESTAT
 
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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.




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