News Update

IndiGo orders 30 Airbus A350s for long haulsFiling of Form 10A & 10AB: CBDT extends due date to June 30RBI to issue fresh guidelines for banks to freeze suspected bank accounts being used for cyber crimesCPGRAMS recognized as best practice in Commonwealth Secretaries of public serviceIsrael-Iran War: A close shave for Global Economy but for how long?KABIL, CSIR ink MoU for Advancing Geophysical InvestigationsI-T - If income from stock-in-trade are held as investments, then provisions of section 14A would apply to such income: ITATTRAI recommends on Infra Sharing, Spectrum Sharing & Spectrum LeasingI-T- Revisionary powers u/s 263 can't be exercised when AO has neither assumed facts incorrectly nor there is incorrect application of law : ITATTechnology Board okays funding of Dhruva Space's Solar Array ProjectI-T- Issue of interest is debatable issue on which two views are possible and AO accepted one of views for which PCIT cannot assume revisional jurisdiction: ITATHealth Secy visits Bilthoven Biologicals, discusses production of Polio VaccineI-T - Estimation of profit element from purchases should be done reasonably if assessee could not conclusively prove that purchases made are from parties as claimed, in absence of confirmations from them: ITATStudy finds Coca-Cola accounts for 11% of branded plastic pollution worldwideI-T- Triplex flats purchased are interconnected and can be considered as 'a residential unit'' as per definition of section 54F of Act : ITATDelhi HC says conspiracy against PM is a crime against StateI-T- AO omitted to probe issue of cash payments made over specified limit; revisionary power u/s 263 is rightly exercised: ITATBrazil makes new rules to streamline consumption taxesI-T-Power of revision unnecessarily exercised where AO had no scope to examine creditworthiness & genuineness of assessee's creditors: ITATBiden signs rules mandating airlines to give automatic refunds for delayed or cancelled flightsI-T-As per settled law, in absence of enabling powers, no disallowance can be made : ITATBYD trying to redefine luxury for new EV variantsGST - On the one hand, the order states registration is liable to be cancelled retrospectively and on the other hand mentions that there are no dues - Order modified: HCSC asks EC to submit more info on reliability of EVMsRight to Sleep - A Legal lullaby
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Taxindiaonline.comt



Patchy Growth Recovery can't put economy in double-digit orbit
Published: December 23, 2015
India's plight in 'ease of paying taxes' arena must end
Published: December 02, 2015
Proposed Insolvency & Bankruptcy code can galvanize economy
Published: November 15, 2015
Improve 'Ease of Doing Business' by Moving from Ideas to Action
Published: October 30, 2015
Govt should unveil roadmap for product markets reforms for all sectors
Published: October 14, 2015
Opt for sops-free, robust, market-driven growth process
Published: September 30, 2015
Revisit tax sops on all financial products to perk up savings & growth
Published: September 15, 2015
Unveil Comprehensive Strategy to tackle Black Money
Publish August 29, 2015
Don't duck public accountability
Published: August 09, 2015
Govt should manage well both risks & benefits of fragile global environment
July 29, 2015
Substitute irrational exuberance with cautious optimism on GDP prospects
July 13, 2015
Ensure that Gold does not glitter for money launders
Published: June 28, 2015
Give Equal Importance to Reduction in NPAs & Deleveraging Corporates
Published: June 14, 2015
India should formulate a clear-cut anti-BEPS strategy
Published: May 31, 2015
FM should clean Centre's financial mess as identified by CAG
Published: May 14, 2015
Govt should consider DTC revival & other tax reforms mooted by PSC
May 02, 2015
India should act on IMF's generic advice on energy tax reforms
April 21, 2015
Revise Draft Model BIT to give full Protection to Investors
April 07, 2015
CAG gives another wake-up call on tax expenditure
March 24, 2015
Tax Reforms can serve as adrenalin for accelerating growth
March 13, 2015
Take a decisive time-bound call on FFC's taxation & other reforms
February 27, 2015
Macro Considerations underlying 2015-16 Budget are complex
February 15, 2015
Political expose should serve as springboard for governance reforms
February 04, 2015
Resolve all issues resulting from disbanding of Planning Commission
January 19, 2015
Ordinance Raj should serve as Alarm for constitutional and allied reforms
January 10, 2015

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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.