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Wednesday , October 22, 2014 | Updated : Oct 22, 13:30 IST
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NEWS FLASH
 
Justice Virender Singh of J&K HC appointed as Chief Justice of Jharkhand HC Govt appoints former Chief Election Commissioner N Gopalaswami as Chairman of Kalakshetra Foundation, Chennai North Block invites applications for post of DG, CEIB (See 'Pitara') Customs - LNG imported for Generation of Electricity Time limit to produce certificate extended (See 'DDT' Column) Interest on differential duty paid due to price escalation - Issue covered by SC decision in SKF India Ltd - No reason to take different view by following Karnataka HC decision in BHEL case: HC (See 'Breaking News') Reforms in I-T Settlement Commission Recruitment Rules needed (See 'Guest' Column) Income tax - Whether when Revenue has failed to establish that business was so arranged that more profit could be attributed to eligible unit, even then benefit of Sec 80IA can be denied - NO: HC (See 'Breaking News') Cold rolled flat products of stainless steel India initiates Safeguard Investigation (See 'DDT' Column) Cus - Notfn. 64/88 - It is a settled position in law that it is for person who is claiming benefit of exemption Notification to lead evidence to show that he is entitled for same - Appellant has completely failed in this regard: CESTAT (See 'Breaking News') PM calls for synergy between Digial India & Urban Renewal Missions (See 'Mixed Buzz') Income tax - Whether netting of interest is necessary when FDRs are made in the interest of business by utilizing business funds: ITAT (See '2014-TIOL-756') Pooja Rani, Bronze Winner in 2014 Asian Games is an Inspector in Income Tax (See 'DDT') Central Excise Commissionerate, Ahmedabad -II, arrests two persons for alleged duty evasion in manufacture of paan masala to tune of Rs 3.7 Cr; Undeclared machine also found Ministry of Steel to set up 'Steel Research & Technology Mission of India' (See 'Mixed Buzz') Electronic Toll Collection System inaugurated (See 'Mixed Buzz') Expert Panel on Holistic Tax Initiatives submits DRISHTI Report to FM (See 'Mixed Buzz') FM is confident of tabling revised Constitutional Amendment Bill on GST during Winter Session; CST phase out package to be decided along with Bill Kejriwal has last laugh in murky politics of gas pricing & imports (See 'Ice Cubes' Column) Guwahati Customs seizes gold bars worth Rs 57 lakhs and arrests one person from Railway Station ACC clears many appointments - Alok Kumar goes from DoP&T to CVC + T Jacob goes to DoP&T from Food & Public Distribution Tata sets up Land Rover factory in China China's Q3 growth slumps down to 7.3%; global experts fear further slowdown in recovery Determination of place of removal - CBEC Clarification + Place of Removal - Hard to place (See 'DDT' Column) CX - Notfn 23/2003 - Goods cleared by EOU to own units in DTA - such goods when sold in DTA had not been exempted from sales tax by any Notification - no requirement to go into analysis for sales tax on stock transfer: CESTAT (See 'Breaking News') Works contract - Constitutional Bench ruling of SC - Whether retrospective? (See 'ST se GST tak' Column) Income tax - Rule 9B - Whether exhibition rights, broadcasting rights and satellite rights are to be construed as distribution rights - YES: HC (See 'Breaking News') Income Tax DC in CBI net with 25 lakh bribe + CX Supdt demands a bribe of Rs.3 crore - caught with Rs 20 lakh (See 'DDT')
 


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