News Update

CBEC promotes 124 officers as DCsC2B Transactions - whether liable to GST under RCM?Cus - S.129E did not defeat or render vested right of appeal illusory - condition of pre-deposit is a reasonable condition: HCGoyal calls for adding value to mineral wealth of India20 yrs of ITA Agreement - Membership grows to 82 WTO MembersI-T - Cost of interest on borrowed funds used for acquiring capital asset, can be taken as cost of acquisition of asset: ITATCX - Penalty u/s 11AC would follow, as night follows day, only if, finding is returned that there was an escapement of duty due to conscious and deliberate wrongdoing on part of the Assessee: HCOpposition grows against 12% GST rate on sanitary napkinsGST - CBEC notifies deemed registration rules + substitutes 'provisional ID' by 'GSTIN'GST - Union Govt notifies Composition Scheme for NINE Special Category States + Also under UTGSTUnion Minister launches Digital MSME Scheme; gives away awardsEU slaps USD 2.7 billion penalty on Google for manipulating search resultsCBEC wants speedy clearance of office space for CGST CommissioneratesCBDT notifies format for furnishing Aadhaar details made mandatory from July 1, 2017Action Plan to boost up Cruise Tourism, a growth driver for India: GadkariGST - Some initial problems are bound to be there; Real Estate may be roped in under GST by next year, says FM25 Ministries to turn into e-office by June-end: MinisterGovt issues guidelines on GST RegistrationDownpour throws life out of gear in MumbaiIndia, USA to strengthen defence relations; Guardian drones cleared for IndiaBoard assigns proper officer for Registration and Composition levy under CGST, 2017100 Tweets FAQ released by BoardN-E to benefit from GST: Dr Jitendra SinghST - Respondents not providing service to trainees but to central/state government - classifiable under BAS and exempted under 14/2004-ST: CESTATI-T - Reopening cannot be instituted on basis of DVO's report showing unaccounted cost of construction incurred by previous proprietor, when assessee firm has never even existed: HCCus - DGFT notification is a law and not an executive instruction - merely submitting a declaration of end use is not sufficient : HCUS Supreme Court upholds Trump's temporary travel ban on travelers from six Islamic countries
Untitled Document
EDITORIAL

Taxindiaonline.comt



Parliament should periodically debate CAG reports
Published: December 23, 2016
Invoke Cooperative Federalism to Check Tax Uncertainty
Published: December 02, 2016
Piecemeal initiatives like Demonetisation can't kill black money & bribery
Published: November 11, 2016
Policy makers in debt-stressed nations should act on IMF's recipe
Published: October 20, 2016
Rail Budget merger without holistic reforms implies window-dressing
Published: September 28, 2016
Fast-track enactment & enforcement of anti-corruption laws
Published: September 02, 2016
Pool CAG's compliance audit findings into State of Governance Report
Published: August 13, 2016
Shed inertia over public debt reforms
Published: July 28, 2016
Manage PM-defined 'personal Sector' By Monitoring Mudra & Its Ilk
Published: July 13, 2016
Revenue Deptt. can do wonders if it follows PM's RAPID mantra
Published: June 22, 2016
Capital Good Policy Execution can make or mar or #Make In India
Published: June 03, 2016
Smugness over pace & direction of Fiscal Reforms not good for growth
Published: May 13, 2016
Galloping wilful defaulters mock at Indian banking sector
Published: May 06, 2016
Panama Papers give timely stimulus to global tax cooperation
Published: April 20, 2016
Modi Govt to shift gears from incremental reforms to innovative ones
Published: April 03, 2016
India needs Transformational Agenda to check revenue leakages
Published: March 16, 2016
Manage NPAs through a multi-facet approach
Published: February 26, 2016
Budget should fresh light on GAAR and BEPS
Published: February 10, 2016
Substitute piecemeal approach with a composite one to fuel growth
Published: January 24, 2016
Substitute piecemeal approach with a composite one to fuel growth
Published: January 08, 2016