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Saturday , February 28, 2015 | Updated : Feb 28, 00:09 IST
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NEWS FLASH
 
Govt committed to unearthing black money; None to be spared: PM TARC has called for taxing farmers having income of Rs 50 lakh & more: Jayant Sinha tells Lok Sabha CBEC reduces tariff value of Gold, Silver & RBD Palmolein (See 'What's New) CBEC introduces risk-based audit for Central Excise and Service Tax (See 'Cir 995' in What's New) Take a decisive time-bound call on FFC's taxation & other reforms (See 'Editorial') Justice Amitava Roy from Orissa HC joins Supreme Court today, taking total tally to 29 against sanctioned posts of 31 Judges Wiping Every Tear From Every Eye' growth is possible: Economic Survey (See 'Mixed Buzz') Economic Survey hints at mega reforms on anvil; competitive disadvantage for exports; fiscal deficit within control (See 'Breaking News') Services Sector dominates FDI equity inflows; WTO negotiations to have serious bearings on its growth (See 'Mixed Buzz') Infrastructure growth higher than Industrial growth: Survey (See 'Mixed Buzz') ST - Clients who were serviced were non-residents, and as such services rendered are export services - such service to foreign clients paying consideration in forex would not visit respondent with liability to pay ST: HC (See 'Breaking News') India needs to create additional Fiscal Space: Survey (See 'Mixed Buzz') IT & IT-es continue to be a key job creator & single largest contributor to Services exports (See 'Mixed Buzz') Post 06.08.2014, 7.5% pre-deposit is mandatory - Right of appeal granted by statute is conditional one and condition is not onerous: High Court (See 'Breaking News') CE/ST/Customs – Appeals – Mandatory Pre-deposit – Unconstitutional? (See 'DDT' Column) I-T - Whether if an assessee once accepts a judicial order, it is not open to it to assail same for reasons that different decisions were subsequently rendered on same issue - YES: HC (See 'Breaking News') Govt should check facts before proclaiming itself as ace runner (See 'ICE CUBES') ST - Service under Manpower Recruitment Service envisages supply of labour per se - Work undertaken is harvesting of sugarcane and transporting same to sugar factory for which labour is employed - sugarcane belongs to sugar factory, therefore, activity undertaken is ‘BAS' and not as alleged: CESTAT (See 'Breaking News') Reversal of credit u/r 4(5)(a) & rule 4(7) of CCR, 2004 - A Comparative Study (See 'ST se GST tak') ACC approves Secretary-level appointments (See 'Mixed Buzz') Whether availability of input tax credit as against assessed additional tax, divulges any intention on part of assessee to avoid payment of taxes (See '2015-TIOL-495') Bring Out Black Money - One More Amnesty Scheme (See 'DDT') VAT - Whether whenever there is a revision or levy of higher rate of tax or quantum of tax, levy of penalty is automatic: HC (See '2015-TIOL-496') Govt says there is no stopping of fresh appointments against vacancies arising out of retirements Govt to set up two New Ports at Sagar in West Bengal and Dugarajapatnam in Nellore District in AP CBEC & its field offices to remain open on Budget Day (See 'MISC' in Pitara) ITAT President transfers Members (JM) NRS Ganesan & Vikas Awasthy to Chennai & Pune respectively India's exports to China goes down but not imports (See 'Mixed Buzz') CBI arrests CX Superintendent & recovers Rs. 35 lacs during searches in delhi Rail Minister tables reform-packed budget with focus on safety, transparency, passenger satisfication and modernisation My Budget Wish-List - What all Mr Jaitley can do! (See 'The Cob(Web) Column) E-payment - Department advises importer to pay duty twice due to system failure - then refuses to refund (See 'DDT' Column) Finance Commission Report on 'Devolution of Taxes' and Future of 'GST Bill' (See 'ST se GST tak')
 


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