Taxindiaonline.com Taxindiaonline.com Taxindiainternational.com HRindiaonline.com
 
LOGIN
Forgot Password |  Register
Sunday , November 23, 2014 | Updated : Nov 23, 12:58 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
 
Smart commitment for smart cities - USA, Japan, Singapore & Barcelona come forward to work on projects (See 'Breaking News') I-T - Whether income on letting out of property is to be assessed as income from house property when assessee's business was in real estate: HC (See '2014-TIOL-2026') CBI Court convicts two RBI officials in corruption case (See 'Mixed Buzz') ST - Delayed filing of appeal - Date of service of appellate Commissioner's order on appellant is under dispute - appeals rejected as time barred: CESTAT (See '2014-TIOL-2323') Emission gaps to widen by 2030 but low carbon path offers opportunities for future: UN Report (See 'Breaking News') CCI invites comments from public on proposed merger of Holcim and Lafarge (See 'Mixed Buzz') CCI invites comments from public on proposed merger of Holcim and Lafarge Anti-malarial drugs, diagnostics etc. cleared for Intensified Malaria Control Project exempted from CE & Customs duty (See 'Notifications in 'What's New') Jurisdiction of HC - Even Writ Petitions are not maintainable if dispute relates to determination of rate of Duty or Tax or value of goods: HC (See 'Breaking News') Govt extends anti-dumping duty on DVD-R & Diclofenac Sodium for five years (See Notifications in 'What's New') I-T - Whether Salt which is manufactured from sea water falls within definition of mineral & assessee is entitled for deduction u/s 80HHC: HC (See '2014-TIOL-2015') Taxation of Software, the impasse goes on… (See 'ST se GST tak' Column) SEZ - None can continue much less squat on public properties either by taking advantage of any inaction of public bodies or statutory authorities or by colluding with them - Petition dismissed: HC (See 'Breaking News') Gloomy future lies ahead for global shipping industry: UNCTAD (See 'Mixed Buzz') ST - Revenue appeal contending penalties is allowed by Tribunal and sustained by High Court – Writ against recovery - Petitioner directed to pay Rs 31 lakhs and recovery of balance amount is kept in abeyance: HC (See '2014-TIOL-2020') I-T - Whether when a sum eligible for deduction u/s 40A is deposited in bank account by account payee cheque, same is liable to be disallowed merely on the ground that it was deposited in cash: HC (See '2014-TIOL-2017') Railways to set up windmill farm in Rajasthan (See 'Mixed Buzz') US President Obama accepts PM's invitation to be R-Day Parade Chief Guest UN Chief welcomes pledges of more than USD 9.3 bn to Green Climate Fund (See 'Mixed Buzz') RBI directs banks to give one month notice to customers before levying penal charges on non-maintenance of minimum balances in savings accounts (See RBI Notification in ‘FEMA’) ECB Policy amended: RBI allows six months parking of proceeds abroad (See Cir 39 in 'What's New') Black Money can destabilise world peace: Prime Minister China cuts interest rate to boost up growth rate Govt to spend Rs 25300 Crore to curb open theft of power US Govt extends legal status to 50 lakhs illegal immigrants I-T - Whether when assessee receives refundable advance as per MoU for joint development of land, such sum is capital receipt, not taxable in the hand of assessee - YES: ITAT (See 'Breaking News') Tribunal has no power to direct pre-deposit while remanding a case - logically question of deposit does not arise unless there is an adjudication: High Court (See 'DDT' Column) NASSCOM is not liable to pay ST under category of Club & Association service in respect of subscription amount charged from members: CESTAT (See 'Breaking News') Mandatory Deposit - Love it or hate it, but learn to live with it! (Part II) (See 'Guest' Column) Cus - Recovery of incineration charges for destruction of goods as per SC order - there is no provision for grant of stay by CESTAT or for that matter under Customs - Tribunal has no jurisdiction whatsoever: CESTAT (See 'Breaking News') NRIs - Acquisition/Transfer of Immovable property - Payment of Taxes - RBI clarifies (See 'DDT') Whether Assessees can be compelled for payment of tax at revised compounded rates when choice of assessee, as to manner of payment of tax, was based on particular provision of law as it stood at time of exercise of option, and that basis was thereafter changed: HC (See '2014-TIOL-2009') SEZ Vizag needs a Development Commissioner (See 'DDT') Cabinet endorses SAARC Rail Network, Motor Vehicle Agreement and pact for energy cooperation (See 'Breaking News') SC directs CBI Director to recuse himself from monitoring of investigations in 2G Scam Export of software & services - Repatriation of exports proceeds - RBI extends period to nine months (See 'RBI Cir' in What's New) FM directs bankers to hike flow of credit (See 'Mixed Buzz')
 
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 Mobile App
TIOL SEARCH
 
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
  • Depository Scheme
  • 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