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Friday , September 30, 2016 | Updated : Sep 29, 23:32 IST
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NEWS FLASH
 
CBI nabs Senior Civil Judge from Tis Hazari Courts, her husband and Advocate; Rs 94 lakh cash recovered Govt notifies constitution of Monetary Policy Committee; nominates Prof Pami Dua, Dr R H Dholakia and Prof Chetan Ghate as Members (See 'Legal Desk' in 'TIOLCORPLAWS.com') Govt revises quarterly interest rates for small savings schemes Govt appoints R Subramania Kumar as ED of Indian Overseas Bank Govt decides to double EPF investment in ETFs from 5% to 10% Indian Army destroys 7 terror launch pads across LoC in surgical strikes Rail Minister launches various new services for passengers (See 'Mixed Buzz') CBDT Notifies 7 Districts of AP u/s 32 AD as backward areas (See 'Not 85' in What's New) ITAT Presidents Transfers Two Members for Kochi + Cuttack to Jodhpur Bench Bihar Entry Tax - Whether preferential discriminating benefit of set off as per Bihar Entry tax to local dealers and denying same to purchasers of goods from online portal, is voilative of Article 304 of Constitution - YES: HC (See 'Breaking News') Revised Monetary limits for adjudication of CE/ST cases - CBEC issues new Circular (See Cir 1049 in 'What's New') India jumps 16 places in GCI ranking, now placed 39th (See 'Mixed Buzz') Comments invited on draft Financial Resolution and Deposit Insurance Bill, 2016 (See 'Mixed Buzz') Revival of entrepreneurial activity in most economies: OECD Report (See 'Mixed Buzz') CX - Last date of filing appeal being Sunday, appeal filed on next day, Monday, cannot be said to have been delayed but filed in time in view of s.10 of General Clauses Act, 1897: CESTAT (See 'Breaking News') Build-up on Pak borders - PM chairs meeting of Cabinet Committee on Security An extraordinary going by GST Council; More decisions to be made tomorrow (See 'The Cob (Web)' Column) I-T - Whether writ jurisdiction gives unlimited prerogative to High Court to correct all species of hardship or wrong decisions made within limits of powers of court or Tribunal - NO: HC (See 'Breaking News') Service Tax - Adjudication - JC's Adjudication Power Enhanced to Rs. 2 Crore; Supdt. 10 lakh (See 'DDT' Column) ST - By no stretch of imagination can document issued by District Supply Officer conveying goods transported be construed as consignment note to render respondent as GTA: CESTAT (See 'Breaking News') Audit Commissioners can now adjudicate (See 'DDT') CX - Fitting of motors to imported sewing machine does not bring into existence any new manufactured article requiring payment of excise duty: CESTAT (See 'Breaking News') Income Tax Declaration Scheme - No need of PAN (See 'DDT') IDS, 2016 - CBDT extends working hours to 8 PM for accepting Declarations on Thursday & Friday Mumbai has wealth worth USD 820 bn; followed by Delhi with USD 450 bn & Bangalore with USD 320 bn: New World Wealth Report CBEC hikes monetary limits for adjudication of ST cases (See Notification 44 in 'What's New') Jurisdiction of Pr CCs extended to adjudication in addition to audit & SCN by amending 30/2014 (See NT 47 in 'What's New') CCEA approves CBEC's systems integration 'Project Saksham'(See 'Mixed Buzz') Union Cabinet officially ratifies Paris Agreement + okays winding up of Hindustan Cables Ltd + bonus for Railway Employees Government Speed Track - GST CBEC Releases More Draft Rules and Formats - Gigantic Task Indeed (See 'DDT' Column)
 


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