Taxindiaonline.com Taxindiaonline.com Taxindiainternational.com HRindiaonline.com
 
LOGIN
Forgot Password |  Register
Monday , September 1, 2014 | Updated : Sep 1, 22:57 IST
Income Tax    Customs    Excise    Service Tax    FEMA    DGFT    SEZ    Misc    Pitara    Budget   
About Us Contact Us Advertise
Taxindiaonline.com Taxindiaonline.com Taxindiainternational.com
NEWS FLASH
 
Core Sector growth relapses to 2.7% in July Ministry of Agriculture relaxes Plant Quarantine Order 2003 for import of Onions up to Nov 30, 2014 Capital Asset - Useful life - MoC amends Schedule II (See 'Notification' in TIOL Library China opens world’s largest duty-free shop in Southern Hainan Province Capitalisation of cost - AS-10 - MoC issues clarification (See Cir in ‘TIOL Library’) CX - As net result of the order passed by Commissioner(A) is not known, it would be in interest of justice to stay operation of said order: CESTAT (See 'Breaking News') PMO to host Special Cell to facilitate Japanese investment (See 'Mixed Buzz') Noted industrialist Mallya declared wilful defaulter by United Bank of India Kerala decides to map marine biodiversity Central Excise Bhavnagar arrests partner of Kalyan Tiles on alleged tax evasion of Rs 1.05 Crore Tribunal appears to be proceeding in undue haste and uncalled hurry to pass orders - Even if a lengthy order is necessitated Tribunal must not fail to deliver it - Eventually justice is not only to be done, but must be seen to be done - matter remanded to CESTAT: HC (See 'Breaking News') Litigation – Issue settled by SC - CBEC refuses to give up - in spite of advice by ASG (See 'DDT' Column) I-T - Whether when company's name and products are being advertised or financial results being published, there is any rationale for segregating such expenditure Unit-wise - NO: ITAT (See 'Breaking News') A peep into TDS on Payment to Non-Resident Related Parties (See 'Guest Column') CX - Purchasing 98% concentrated sulphuric acid & diluting same with de-mineralised water as per customer requirement to get diluted sulphuric acid, which is marketable & used by battery manufacturing units is a process amounting to manufacture u/s 2(f): CESTAT (See 'Breaking News') Ashok Dhingra splits with JSA, sets up ADA (See 'Mixed Buzz') Justice Hurried is Justice Buried (See 'DDT') I-T - Whether disallowance is warranted u/s 40A(3), in case payment was made through imprest account: ITAT (See '2014-TIOL-591') India fully geared up to handle US Fed rate hike: RBI Governor ST - S 85 - General Clauses Act defines a month as British Calendar month and it is not defined in terms of number of days - condonation period of one month allowed to Commissioner(A) should not be interpreted as number of days: CESTAT (See 'Breaking News') CENVAT Credit on Retention portion of Input Services (See 'ST se GST tak') I-T- Whether when assessee has confirmed that according to agreement entered into, developer has taken possession of that land & started development work, transaction is to be treated as Transfer, to extent of assessee's share: HC (See '2014-TIOL-1472-HC') Noted historian Bipan Chandra is no more; PM extends condolences Prime Minister Narendra Modi arrives at Kyoto with large contingent of business delegation DoP&T Minister asks fresh joinees to undo cynicism of Indian Civil Services (See 'Mixed Buzz') CBDT issues All India transfer order of 104 AC/DCs + 6 Add/JCITs (See 'Transfer' in Pitara) Car Manufacturers face Rs 2500 Cr penalty for anti-competitive behaviour (See 'Breaking News') Indian economy grows by 5.7% in Q1 Pak disappointed us but efforts to continue for friendly relations: PM Govt reduces tariff value of gold and silver (See 'CNT 73' in What's New) 50 IRS officers of CBDT, 1987 Batch empanelled for JS-level post (See 'Service News' in 'Pitara') India's External Debt up by 7.6% to USD 440 bn (See 'Mixed Buzz') Cus - Old & Used Propping pipes used for construction service are to be treated as capital goods and as per para 2.17 of FTP second hand capital goods are freely importable: CESTAT (See 'Breaking News') Retrospective Amendment of 2012 - CBDT Constitutes High Level Committee (See 'DDT' Column) We would expect Tribunal, which is manned by both judicial & technical experts, to be aware of seriousness of adjudication and not take up assignment casually - undue haste is not at all called for as it results in miscarriage of justice: HC (See 'Breaking News') Amendment to Sec. 67A - Service tax on foreign currency payments (See 'ST se GST tak' Column) I-T - Whether when first appellate authority has directed AO to pass speaking order before charging interest, such an order can be construed as restrictions being imposed on AO from levying interest under particular Section - NO: Delhi HC (See 'Breaking News') Constitution of Review Committee of Chief Commissioners/Commissioners - CBEC Orders (See 'DDT')
 
Untitled Document

TIOL PROFILE

Taxindiaonline.com ("TIOL"), established in May 2000, is a reputed and FIRST Govt of India (Press Information Bureau) recognised ONLINE MEDIA and resource company providing business-critical information, analyses, expert viewpoints, editorials and related news on developments in fiscal, foreign trade, and monetary policy domains.  Our business has enabled our growing audience and subscriber-base, comprising of multinational and domestic corporations; service providers such as lawyers, consultants, and accounting firms; Governmental ministries and departments; officials connected to revenue, taxation, and commerce; and a growing number of foreign users who are active or keen to do business with India, to have access to accurate, and understandable analyses of essential but otherwise complicated and difficult-to-obtain information. 

TIOL’s salient feature has been its ability to bridge ongoing communication gaps that exist between policymaking, policy interpretation, and policy application.  We interpret, simplify, and effectively disseminate in-depth analyses of not only policies and notifications from the various fiscal departments of the Government, but also of precedent-setting tax and trade case judgments from the various courts and tribunals in the country. Due to the widening net of taxation and compliance, ongoing modifications in trade policies, and onerous penalties for non-compliance, the durability of our core business proposition continues to be strengthened. Our business is positioned to grow in tandem with the urgent requirements of a rapidly enlarging audience not only in India, but abroad as well.

We are the acknowledged pioneers in our field, regarded as the legitimate online resource provider in our domain. Our credibility and leadership position has been steadily earned over almost one-and-half decade since we commenced operations, and has been achieved through our proven ability to deliver resource information on a timely basis, along with meaningful editorial content which includes commentaries by a number of high-ranked experts available on TIOL Panel. Our approach emphasizes good ethics, characterized by its neutrality and fairness; this key ingredient has contributed to our loyal viewer-ship, our growing base of customers, and our overall business reputation. Much of our audience and customers believe, on account of the wide compass and depth of our coverage and services, that we are a large corporate entity - our public perception is indeed larger than our actuality.

Underscoring the value of our business premise is the fact that we have amongst the active users of our services, the Ministry of Finance which sets the fiscal policies for the country, The Ministry of Commerce which sets the trade policies for the country, the Reserve Bank of India which tailors the Monetary Policy, and the Big accounting firms, including the 'Big Four' who subscribe to our information packages and use these as a critical resource tool in order to effectively provide their services.  Our services are used by key policy decision makers for inputs on policy-making; by corporate management for airing their grievances caused by flawed policies; and by journalists and other media companies as a research tool.

We pride ourselves as a dynamic, adaptive & learning organization. As individuals and as a company we operate within our values, on account of which we have enjoyed our ten-year journey, and have made an impact. Our values may be encapsulated as follows:

  • To build and maintain an environment of trust, everyone counts, everyone contributes;

  • To drive innovation to results through teamwork.

  • To form strategic relationships with partners who share our values, bring intellectual capital to support our vision and ideals;

  • Above all, always take the high road.

Editor-in-Chief: Vijay K. Kumar enjoys a substantial reputation in issues pertaining to indirect taxation. He has written several articles on Central Excise, Customs, Service Tax and allied matters for the Excise Law Times and for TIOL. He has also authored popular books in their field titled "Guide To Excise Valuation" and "Excise on Textiles". Prior to joining TIOL, his experience includes 22 years with the Central Board of Excise & Customs. He is a practicing tax lawyer and assists TIOL in handling client issues pertaining to legal tax consulting as well.  He holds a Master in Arts, and Degree in Law. He also authors a Daily column, popularly known as DDT (Daily Dose of Taxation). His DDT Column has found a place in the Limca Book of Records as the longest running Daily Column on Taxation.

Limca Book of Records
Limca Book of Records
Limca Book of Records
TIOL Awarded WCO Certificate of Merit

CEO & Managing Editor: Shailendra Kumar, founder and CEO of TIOL started his career with The Indian Express Newspaper in 1990 and then moved on to The Economic Times where he worked for more than five years before taking the entrepreneurial route to launch TIOL, an idea based on business needs which he realized as a financial journalist. His vision was to create a knowledge-driven company which eased the burden on corporations & acted as a media watchdog for Indian tax and trade policies. He spearheads the business in all of its facets, including regular interactions with various policy makers and administrators, and managing the editorial and news gathering team at TIOL. Mr. Kumar holds a Bachelor of Economics Honours degree from the University of Delhi, and has a Post Graduate Degree in Mass Communication from the Indian Institute of Mass Communication. He was the recipient of the 2001 Outstanding Media Professional Award presented by the India International Professionals Forum. He is also the First Recipient of CERTIFICATE OF MERIT conferred by the World Customs Organisation headquartered at Brussels. He writes a much-awaited and widely-acclaimed weekly column for TIOL - The Cob(Web).

Consulting Editor: Sunil Achutan, a Chemistry Graduate with a Diploma in Business Management and a Law degree is a prolific writer and has contributed erudite articles for TIOL as well as ECR & ELT. As a faculty member at NACEN, Bhandup, Mumbai, he has delivered lectures on the intricacies of the Central Excise law for the past many years. He was also a prominent speaker at the workshops conducted by the Settlement Commission, Customs & Central Excise. With a deep understanding of the indirect tax law and more than two decades of experience in the department, Sunil brings with him immense analytical skills to add value to the editorial worth of TIOL.

Consulting Editor: R. Raghavendra Rao, a graduate in Engineering and worked for twenty years in the Central Excise Department before joining TIOL. He is a prolific writer and has contributed many thought provoking articles in ELT and TIOL. He is the co-author of the book "Guide to Excise Valuation" with Vijay.K.Kumar. Known for his incisive analysis and precise conclusions, he has in-depth understanding of Central Excise, Customs and Service Tax laws. He also heads our consulting wing at Hyderabad.

Consulting Editor: Naresh Minocha has about 25 years of experience in reporting, analysing and commenting on a wide range of economic, business and technological issues. He has worked with various print and electronic media organisations in different capacities. The organisations include Financial Express, Indian Express, Business India, Business Standard and Nimbus. He has vast experience in doing specialised writing for global readers and is currently associated with Chemical News & Intelligence, Asian Chemical News, Asiatele.com.

Technical Head: Shikher R. Singh has been with TIOL since its inception and manages the technology issues of the company, constantly interacting with external software and web designers to improve the interactivity of the taxindiaonline.com portal. He holds a Bachelor of Commerce degree from the University of Delhi and IBM certification in web design and programming. He has also attended several IT-related courses related to internet technologies and e-commerce.

Marketing Head: Richa Nigam has been with TIOL since 2005, and is responsible for coordinating marketing and sales for the company. She has contributed significantly to revenue growth by achieving sales through the development and implementation of focused marketing efforts. Previously she was with India Bulls where her responsibilities included providing investment advice to clients for their investment portfolios. She holds a Masters in Commerce from Kanpur University and has an MBA from The Indian Institute of Planning and Management  (IIPM), Delhi.

 
 
TIOL SEARCH
 
TIOL Mobile App
TIOL Subscriptions
 All-In-One Package
 Indirect Tax Package
 Income Tax Package
<< More Packages>>
 
   
             
Income Tax Customs Excise Service Tax FEMA DGFT SEZ Misc Pitara Budget
  • Notifications
  • Circulars
  • SC Cases
  • HC Cases
  • ITAT Cases
  • Instructions
  • Advance Ruling
  • Settlement
  • Other Case
  • Directorate of Income Tax (Systems)
  • Tariff Notfn
  • Non Tariff Notfn
  • Circulars
  • SC Cases
  • HC Cases
  • Cestat Cases
  • Settlement
  • Advance Ruling
  • Safeguard Duty Notfn
  • Anti-dumping Notfn
  • Drawback Cases
  • Tariff Notfn
  • Non Tariff Notfn
  • Circulars
  • SC Cases
  • HC Cases
  • Cestat Cases
  • Settlement
  • Advance Ruling
  • Excise Amendment
  • Clean Energy Cess Notfn
  • MISC Circulars
  • 37B Order
  • Commr.(A) Order
  • CESTAT
  • Notifications
  • Circulars
  • SC Cases
  • HC Cases
  • Cestat Cases
  • Miscellaneous
  • Advance Ruling
  • FAQ
  • Finance Act, 1994
  • Commr. (A) Orders
  • 37B Order
  • Removal of Difficulty
  • VCES
  • Accounting Head
  • Exchange Manual
  • Fema Notifications
  • SC Cases
  • HC Cases
  • RBI Notifications
  • Act
  • Rules
  • Regulations
  • Master Circulars
  • RBI Circulars
  • Notifications
  • Circulars
  • Public Notices
  • Trade Notice
  • FTDR Amendment 2010
  • MISC
  • State Acts
  • Notifications
  • Instructions
  • Act 2005
  • Rules 2006
  • DGEP
  • State Policy
  • SC Cases
  • HC Cases
  • VAT Cases
  • Deputation Posts
  • Service News
  • The Insider
  • Transfer
  • Promotion
  • Recruitment Rules
  • Transfer Policy
  • Training Circulars
  • Service Cases
  • MISC
  • Pay Commission
  • Cadre Review
  • Budget Circular 2013-14
  • Union Budgets
  • Economic Surveys
  • Budget Speeches
  • Finance Acts
  • Finance Bill
  • TRU - D. O. Letter
  • A Taxindiaonline Website. Copyright © 2014 Taxindiaonline.com Pvt.Ltd. All rights reserved. | Powered by 4th Dimension