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
Untitled Document
SERVICE TAX - NEW LAW +VE or -VE

Taxation of Services: An Education Guide Service tax Circular No. TRU Letter, Order No. 2
Service tax Notification No. 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, CX NT 28, 41, 42, Corrigendum 1 + Corrigendum II Finance Act, 2012
Budget 2012: Changes in Service Tax
Published: July 16, 2012
Negative Blues-XI: Dial Trouble for Room Service
By G Natarajan
Published: July 13, 2012
Export of Service - RULE 6A ofService Tax Rules - IRRELEVANT!
By Khushboo Lunia
Published: July 12, 2012
Taxability of the Infrastructure sector under Negative List
By Nitesh Jain
Published: July 11, 2012
Good Bye, dear Notification No. 12/2003...
By S Sivakumar
Published: July 10, 2012
ST on manpower supply services under reverse charge - more clarity required ...
By S Sivakumar
Published: July 06, 2012
Negative Blues-X: Employee recoveries
By G Natarajan
Published: July 09, 2012
Negative Blues-IX: Composition scheme for ongoing contracts
By G Natarajan
Published: July 04, 2012
Cross-Border Transactions in services under New ST Regime
By R Raghavendra Rao
Published: July 05, 2012
New Circular makes Government's intention clear ...
By S Sivakumar
Published: July 02, 2012
Negative List of Services: Implications for Advocates and Law Firms
By Joseph Prabakar
Published: July 02, 2012
Negative Blues-VI: GTA reverse charge
By G Natarajan
Published : June 28, 2012
Negative Blues-VII: No more rebate of Service tax paid on export of service
By G Natarajan
Published : June 28, 2012
Negative Blues-VIII: Checklist for Service Tax compliance after July 1, 2012
By G Natarajan
Published : June 28, 2012
Is Employer a service provider under new service tax law
By S Sivakumar
Published: June 27, 2012
No More Cess from July 1, 2012?
By K Vaitheeswaran
Published: June 26, 2012
Board's latest googly, 'Education Guide' : What an Idea, Sirji ?
By S Sivakumar
Published: June 25, 2012
Taxability of amusement facilities, Services provided to recognized sports body by an individual
By S B Parikh Published
Published:: June 22, 2012
Lights, Camera, Service Tax
By Vaitheeswaran
Published: June 22, 2012
No rebate to Exporters of Services to Nepal . . . But why !!!
By R Subramanya
Published: June 21, 2012
Cenvat Credit Scheme continues to lag far behind the march of service tax law
By S Sivakumar
Published: June 21, 2012
Rule 2A has not considered the expanded definition of works contracts
By S Sivakumar
Published: June 20, 2012
Negative Blues - V: A Brief Note on Reverse Charge Mechanism
By G Natarajan
Published : June 19, 2012
Negative Blues - IV Speed Post Vs Courier
By G Natarajan
Published : June 19, 2012
Confusion related to IT Sector would continue under New ST Law
By S Sivakumar
Published: June 18, 2012
Negative Blues III - Service Tax applicability on Advocates, CAs from July 1, 2012
By G Natarajan
Published : June 15, 2012
Does new service tax law cover illegal activities?
By S Sivakumar
Published: June 14, 2012
Negative Blues II - Another unintended impact on construction sector
By G Natarajan
Published : June 13, 2012
Transmission or Distribution of Electricity by non-utilities - A service under New Law?
By S Sivakumar
June 12, 2012
Proposed Negative List - No Exemption to Flesh Trade !!!
By R Subramanya
Published: June 11, 2012
Is Trading of services made taxable under New Regime of Negative List
By Punit Gupta
Published: June 8, 2012
Negative Blues
By G Natarajan
Published : June 07, 2012
Why litigation will significantly increase under the new service tax law
By S Sivakumar
Published : June 06, 2012
 

 

TIOL Tube Latest

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.