News Update

Govt clarifies on LTC entitlement for Govt employeesCCEA gives nod for handing over Jaipur & Mysore units of ITDC to State Govts & disinvestment in Donyi Polo Ashok HotelFM says Govt mulling over additional booster dose for economyFar-reaching Amendments made in Chapter-4 of Hand Book of Procedures 2015-2020I-T - No tax liability arises if there is diversion of income at source itself, by overriding title: HCCabinet approves Revamp of Khelo India Programme (See 'TOG News' in 'Taxongo.com')Cabinet approves Dentists (Amendment) Bill, 2017 (See 'TOG News' in 'Taxongo.com')Cabinet okays modernisation of Govt Presses by redeveloping 468 acres of their landCabinet approves extension of time period of Special Industry Initiative for J&KCabinet takes note of achievements of National Health MissionUnion Cabinet decides to merge 17 Govt printing presses to 5 units + nod for revamp of 'Khelo India' for promotion of sportsI-T - When amended provisions of Sec 245HA(3) mandate access to Revenue to all materials furnished by assessee before SETCOM, even HC cannot prevent Revenue from doing so: Gujarat HCM S Dhoni nominated for Padma Bhushan by BCCIGST Council prepones next meeting to Oct 6 from Oct 24Sale of Old & Scrap buses - whether leviable to 28% GST or 18% GST as Ferrous scrap - Petitions premature, dismissed: HCI-T - When basic objective of Mutual Benefit Company is to take deposit & lend loans to its members, mere fact that some members were also holding positions in Company & loans were given to sister company, it does not call for invoking doctrine of ‘piercing of veil’: HCDGFT - RITES is GOI Enterprise and not a hapless individual, who can be taken advantage of; cannot canvas that it had made payments under duress: HCFirst 'Pension Adalat' to be inaugurated todayIGST on Ocean FreightI-T - Interest income earned by co-operative society from keeping surplus funds in banks, will not qualify for deduction u/s 80P: ITATST – VCES, 2013 application could not have been rejected without following the principles of natural justice: High CourtRail Safety Commissioner puts blame on ‘Staff’ for Puri-Haridwar Utkal Express accidentGST - Exporters' organisations meet Revenue Secretary; urge for quick refundCBI nabs private person for accepting bribe of Rs 20 lakh on behalf of Mundra Customs Dy CommissionerKolkata DRI busts gold syndicate operating through Bangladesh border; seizes gold worth Rs 1.21 CroreCBDT proposes to amend Rules and prescribe new Form for advance reporting of advance tax estimates
Untitled Document

THE ICE CUBES

By Naresh Minocha

Taxindiaonline.comt

Forgotten Pledges; Broken Dreams - Yehi Hai India!
Published: August 18, 2017
TIOL-ICE CUBES 274
Has ' Transforming India ' lost its Inspirational Magic
Published: August 02, 2017
TIOL-ICE CUBES 273
Modi Govt shouldn't thump chest with conjured or dubious data
Published: July 17, 2017
TIOL-ICE CUBES 272
Don't Butcher National Interests by Creating Emergency Phobia
Published: July 01, 2017
TIOL-ICE CUBES 271
Modi Govt muddles up Vodafone retrospective tax case
Published: June 16, 2017
TIOL-ICE CUBES 270
India's Anti-corruption Deficit Shines at World Stage
Published: May 31, 2017
TIOL-ICE CUBES 269
Environment (Protection) Act is Perfect Ass!
Published: May 17, 2017
TIOL-ICE CUBES 268
Check what will be missing from NDA's 3rd yr Report Card
Published:April 29, 2017
TIOL-ICE CUBES 267
Will India let digital tax swindlers have a free run under digi-dhan?
Published:April 13, 2017
TIOL-ICE CUBES 266
Debate Impact of Fiscal Responsibility with Opacity & Zero Accountability
Published: March 29, 2017
TIOL-ICE CUBES 265

Demonetization & GDP Politics should lead to statistical reforms
Published: March 15, 2017
TIOL-ICE CUBES 264

Govt's limitation in demonetization analytics should rekindle tax reforms
Published: February 22, 2017
TIOL-ICE CUBES 263
Transform NGOs-linked Spoils System into Credible Public Welfare
Published: January 31, 2017
TIOL-ICE CUBES 262
Modiji, Please walk the talk on Corruption
Published: January 17, 2017
TIOL-ICE CUBES 261

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