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I-T- Mere existence of power to assess or reassess six AYs' immediately preceding AY corresponding to year of search or 'relevant assessment year' would not justify invocation of Section 153C - HCWhat was Biden’s income in 2023? - ITR shows USD 6.2 lakhI-T - Act & Rules thereto provide a method for service of notices & orders; communication of notices before any action is taken, is mandatory: HCMumbai Police nabs two shooters involved at random firing at Salman’s houseI-T- Assessee cannot be expected to be logged in to I-T portal at all times, so as to be notified of actions taken by Department: HCIRS fears spurt in crypto tax evasion casesI-T - Expenses written off is only allowable if assessee offers said amount as income in previous years: HCBreast cancer to kill over 10 lakh women by 2040: Lancet ReportI-T- Deduction u/s 35(1)(ii) in respect of donation made to scientific research institute, is rightly denied, where no evidence is furnished to show valid approval was taken from prescribed authority for taking donation: ITATChina’s bubble tea stirs global buzzI-T- Penalty imposed u/s 271(1)(c) merits being quashed where exact charge between concealment of facts and furnishing inaccurate particulars of income, are not specified : ITATSamsung gets USD 6.4 bn in subsidy for Texas chip productionI-T- Penalty is unwarranted where the complete factual data pertaining to Assessee's claim was also available before AO during the course of assessment : ITATIndia to resume FTA talks with EU next monthI-T- Assessee has not involved in manipulation of stock prices for purpose of earning bogus LTCG : ITATPM says he has big plans for countryGST - Merely, because a taxpayer has not filed returns for some period does not mean that registration is required to be cancelled with retrospective date also covering the period when returns were filed: HCTCS to hire 25K freshers in 2025GST - Retrospective cancellation of registration - Complete non-application of mind - Order refers to a reply filed whereas fact is that the proprietor had passed away and no reply had been filed: HCElection Commission seizes over Rs 4600 Cr cash - highest for LS pollsGST - Proper officer has not applied his mind but dismissed the reply submitted as not satisfactory - Order set aside and matter remitted: HCIMD says it is likely to be above-normal Monsoon for IndiaCus - Acceptance of re-assessed value & voluntary payment, per se cannot be deemed to be admission to alleged mis-declaration of value - Burden rests with Department to establish allegations: CESTATProtesters demanding restoration of monarchy and Hindu State lathicharged in KathmanduCX - Bituminized Hessain Tape, Rot-proofed Bituminized Hessian Cloth mixed with Copper Napthalate, Bituminized Cotton Tape, being used for industrial purposes, is rightly classified under CTH 5909; benefit under Notfn No 175/86 is also allowed to manufacturer: CESTAT
TIOL Accolades
TIOL ACCOLADES

DDT in Limca Book of Records - Fifth Year in a Row

YOUR DDT has entered the Limca Book of Records - AGAIN - in the 2016 edition as the longest running daily online column on tax matters. This is the longest running daily column by a single author on any matter in any publication. This is the fifth time in a row that DDT has entered the Limca Book of Records.

As the citation shows, DDT had completed 2630 issues by June 30, 2015. That is the cut-off date for Limca Book of Records for entries for the year 2016. After that date, DDT has come out with more than 200 issues, as today's DDT is numbered 2845.

DDT is grateful for all the support from the Netizens, the Government and colleagues, who made this possible. DDT 's mission is not to make records, but to make the records straight for you.

 

DDT in Limca Book of Records

DDT in Limca Book of Records - Fourth Time in a Row

YOUR DDT has entered the Limca Book of Records - AGAIN - in the 2015 edition as the longest running daily online column on tax matters. This is the longest running daily column by a single author on any matter in any publication. This is the fourth time in a row that DDT has entered the Limca Book of Records.

As the citation shows, DDT had completed 2385 issues by June 30, 2014. That is the cut-off date for Limca Book of Records for entries for the year 2015. After that date, DDT has come out with nearly 200 issues, as today's DDT is numbered 2562.

DDT is grateful for all the support from the Netizens, the Government and colleagues, who made this possible. DDT will continue its pursuit relentlessly, with your support - We are not to make records, but to make the records straight for you.

 

DDT in Limca Book of Records

DDT in Limca Book of Records - Third Time in a row

YOUR DDT  has entered the Limca Book of Records - AGAIN - in the 2014 edition as the longest running daily online column on tax matters. This is the longest running daily column by a single author on any matter in any publication. This is the third time in a row that DDT has entered the Limca Book of Records.

As the citation above shows, DDT had completed 2137 issues by June 30, 2013. That is the cut-off date for Limca Book of Records for entries for the year 2014. After that date, DDT has come out with nearly 200 issues, as today's DDT is numbered 2323.

DDT is grateful for all the support from the Netizens, the Government and colleagues, who made this possible. DDT  will continue its pursuit relentlessly, with your support - to make the records straight for you. A BIG Thank You !

DDT in Limca Book of Records

DDT Enters Limca Book of Records Again - 2013

YOUR DDT has entered the Limca Book of Records - AGAIN - in the 2013 edition as the longest running daily online column on tax matters. This is the longest running daily column by a single author on any matter in any publication.

As the citation above shows,  DDT had completed 1890 issues by June 30, 2012. That is the cut-off date for Limca Book of Records for entries for the year 2013. After that date, DDT has come out with more than 150 issues, as today's DDT is numbered 2051.

It is a proud moment for all of us in TIOL that we hold the prestigious Limca record, but at the same time, we realize that we are here not for the records but to make the records straight for you.

DDT is grateful for all the support from the Netizens, the Government and colleagues, who made this possible. DDT will continue its pursuit relentlessly, with your support. A BIG Thank You!

DDT in Limca Book of Records

DDT in Limca Book of Records

DDT, TIOL'S longest running column, enters the Limca Book of Records as the longest running daily online column on tax.

DDT completed 1641 issues by June 30, 2011. That was the cut off date for Limca Book of Records for entries for the year 2012. After that date, DDT has come out with more than 150 issues.

A proud moment for all of us in TIOL that we now hold the prestigious Limca record, but at the same time, we realize that we are here not for the records but to make the records straight for you.

DDT is grateful for all the support from the Netizens, the Government and colleagues, who made this possible. DDT will continue its pursuit, with your support. A BIG Thank You!

WTO Certificate of Merit

TIOL Awarded WCO Certificate of Merit

IN a glittering function at Delhi 's National Museum, Chairman of the Central Board of excise and Customs, Shri Dutt Mazumder presented the WCO Certificate of Merit to Shri Shailendra Kumar, CEO of Taxindiaonline.com for rendering exceptional service to the international Customs Community.

 

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.