News Update

Cus - When there is nothing on record to show that appellant had connived with other three persons to import AA batteries under the guise of declaring goods as Calcium Carbonate, penalty imposed on appellant are set aside: HCCongress fields Rahul Gandhi from Rae Bareli and Kishori Lal Sharma from AmethiCus - The penalty imposed on assessee was set aside by Tribunal against which revenue is in appeal is far below the threshold limit fixed under Notification issued by CBDT, thus on the ground of monetary policy, revenue cannot proceed with this appeal: HCGST -Since both the SCNs and orders pertain to same tax period raising identical demand by two different officers of same jurisdiction, proceedings on SCNs are clubbed and shall be re-adjudicated by one proper officer: HCFormer Jharkhand HC Chief Justice, Justice Sanjaya Kumar Mishra appointed as President of GST TribunalSale of building constructed on leasehold land - GST implicationI-T - If assessee is not charging VAT paid on purchase of goods & services to its P&L account i.e., not claiming it as expenditure, there is no requirement to treat refund of such VAT as income: ITATBengal Governor restricts entry of State FM and local police into Raj BhawanI-T - Interest received u/s 28 of Land Acquisition Act 1894 awarded by Court is capital receipt being integral part of enhanced compensation and is exempt u/s 10(37): ITATCops flatten camps of protesting students at Columbia UnivI-T - No additions are permitted on account of bogus purchases, if evidence submitted on purchase going into export and further details provided of sellers remaining uncontroverted: ITATTurkey stops all trades with Israel over GazaI-T- Provisions of Section 56(2)(vii)(a) cannot be invoked, where a necessary condition of the money received without consideration by assessee, has not been fulfilled: ITATGirl students advised by Pak college to keep away from political eventsI-T- As per settled position in law, cooperative housing society can claim deduction u/s 80P, if interest is earned on deposit of own funds in nationalised banks: ITATApple reports lower revenue despite good start of the yearI-T- Since difference in valuation is minor, considering specific exclusion provision benefit is granted to assessee : ITATHome-grown tech of thermal camera transferred to IndustryI-T - Presumption u/s 292C would apply only to person proceeded u/s 153A and not for assessee u/s 153C: ITATECI asks parties to cease registering voters for beneficiary-oriented schemes under guise of surveys

MESSAGE BOARD

Join Now !    
Topics Posted by
tds in case of franchisee Navin Khandelwal
tdr Navin Khandelwal
the two doctrines Navin Khandelwal
hello Shikher Singh
DOCTRINE OF PROPORTIONALITY
Adjudication in GST has become a farce Chakravarthi Bommakanti
Extension of date rajkumar shukla
wrong application of doctrine of ejusdum jeneous PricewaterHouse Coopers
Gangajal Chakravarthi Bommakanti
CAG its real role Navin Khandelwal
Not only months and days, but minutes and seconds also counts Shvetal Parikh
discipline a joke for the officers Navin Khandelwal
Judicial Indiscipline - A bugbear to fair Adjudication Chakravarthi Bommakanti
corporate guaranree Navin Khandelwal
Mandatory or Directory Gururaj B N
shall may will ever say must Navin Khandelwal
exemption note it and then take and give it Navin Khandelwal
Selecting the right combination of schemes Raveendra Pethe
36 by 4 Navin Khandelwal
Mismatch between GSTR-2A and GSTR-3B rrkothapally rrkothapally
Next Page

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.