News Update

I-T - Bonafide claim of deduction by assessee which was accepted in first round of proceedings does not tantamount to furnishing of inaccurate particulars, simply because it was disallowed later: ITATIndia-bound oil tanker struck by Houthi’s missiles in Red SeaSCO Defence Ministers' Meeting endorses 'One Earth, One Family, One Future'RBI issues draft rules on digital lendingI-T - In order to invoke revisionary jurisdiction u/s 263, twin conditions of error in order and also prejudice to interest of Revenue must be established independently: ITATCRPF senior official served notice of dismissal on charges of sexual harassmentIndian Air Force ushers in Digital Transformation with DigiLocker IntegrationColumbia faculty blames leadership for police action against protestersCX - When process undertaken by assessee does not amount to manufacture, even then CENVAT credit is admissible if such inputs are cleared on payment of duty which would amount to reversal of credit availed: CESTATGoogle to inject USD 3 bn investment in data centre in IndianaCus - The equipments are teaching accessories which enable students in a class to respond to queries and these equipments are used along with ADP machine, same merits classification under CTH 8471 60 29: CESTATUN says clearing Gaza mounds of rubble to take 14 yrsST - When issue is of interpretation, appellant should not be fastened with demand for extended period, the demand confirmed for extended period is set aside: CESTATBlinken says China trying to interfere US Presidential pollsWorld Energy Congress 2024: IREDA CMD highlights need for Innovative Financing Solutions
 
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New York, April 21, 2013
UN concerned over tepid Asia-Pacific growth as Region faces developed world uncertainty
 
New Delhi, April 20, 2013
World Energy leaders meet in New Delhi to take action on Clean Energy
 
New York, April 20, 2013
Women empowerment is necessary for future propsperity of cities: UN Study
 
New Delhi, April 19, 2013
Task Force on Coal Beneficiation to submit Report soon: Coal Minister
 
New Delhi, April 19, 2013
Road Sector urgently needs a Regulator: Dr Joshi
 
New Delhi, April 18, 2013
Union Cabinet approves National Policy for Children, 2012
 
New Delhi, April 18, 2013
No minimum land requirement for IT/ITES SEZ: Commerce Minister
 
Mumbai, April 18, 2013
I-T - Whether when assessee is engaged in shipping business, receipts like recruitment fees and visa processing fees can also be treated as part of shipping income subject to tonnage tax - YES: ITAT
 
Mumbai, April 18, 2013
Customs - S. 28D - Principles of unjust enrichment do not apply to fine and penalty but only duty – appeal allowed: CESTAT
 
New Delhi, April 18, 2013
CX - VCD players cleared for free supply along with sale of CTVs - appellant's contention that MRP is to be taken as Nil is totally incorrect - issue of levy of duty u/s 3 on goods manufactured by assessee cannot be mixed with issue of valuation u/s 4 or 4A - matter remanded: 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.