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TMI - e-Newsletter TaxTMI Excess Input Tax Credit penalty appeal dismissed... TaxTMI Excessive delay in issuing show cause notice &... TaxTMI Rectification: Show Cause Notice quashed for period... TaxTMI Investor locked into long-term capital gains bonds;... TaxTMI Customs duty dispute: Imported goods classified as... TaxTMI Undisclosed investments, agricultural land... TaxTMI Taxpayer's victory: AO's order upheld, PCIT's... TaxTMI Non-resident Singapore firm's software licensing... TaxTMI Bank penalized for delayed reporting of high-value... TaxTMI EOUs face automated Import Rules from 17.09.2024 -... TaxTMI Steel Extending validity of customs valuation rules... TaxTMI Relaxations for employee benefit trusts, aligned... TaxTMI New SEBI circular relaxes rules for REITs, enables... TaxTMI Phased rollout of quality standards for low-voltage... TaxTMI Virtual Hearings Mandatory: CBIC Reinstates Video... TaxTMI Latest Case-Laws TaxTMI Latest Notifications + Circulars TaxTMI GST Council Decisions TaxTMI

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July 12, 2023 Centre releases Rs.7,532 crore to the States for Disaster Response July 11, 2023 Recommendations of 50th meeting of GST Council July 11, 2023 RBI & Fintech: The Road Ahead (Keynote address delivered by Deputy Governor T Rabi Sankar, Reserve Bank of India - July 7, 2023 - at the Moneycontrol India Startup Conclave in Bengaluru) July 10, 2023 Union Commerce and Industry Minister to visit UK for FTA negotiations; to review progress on TEPA with EFTA July 10, 2023 DRI seizes 48 kg Gold Paste worth ₹25.26 crore at Surat International Airport under Operation Goldmine July 8, 2023 DPIIT announces One District One Product Awards; application process remains open till 31.07.2023 July 8, 2023 Important Update: Geocoding Functionality Now Live for All States and Union Territories July 7, 2023 Atal Innovation Mission launches ‘ATL Industry Visit’ in collaboration with Bayer July 6, 2023 Union Finance Minister Smt. Nirmala Sitharaman chairs meeting to review performance of Public Sector Banks July 6, 2023 RBI invites comments on draft circular on Arrangements with Card Networks for issue of Debit, Credit and Prepaid Cards July 5, 2023 Webinar on ‘DRC-01B online functionality for liability mismatch’ July 4, 2023 India's remarkable economic scale and market potential enable startups to flourish and thrive in global startup ecosystem: Union Commerce and Industry Minister Sh. Piyush Goyal July 4, 2023 Auction for Sale (re-issue) of (i) ‘6.99% GS 2026’, (ii) ‘7.17% GS 2030’, (iii) ‘7.41% GS 2036’ and (iv) ‘7.25% GS 2063’ July 3, 2023 Statistics Shape the Setting of Monetary Policy (Speech delivered by Michael Debabrata Patra, Deputy Governor, Reserve Bank of India - June 30, 2023 - at the Statistics Day Conference at RBI, Mumbai) July 3, 2023 DPIIT successfully organizes National Workshop on Industrial Park Rating System July 3, 2023 Sixth GST Day with vision GST@6 सरलीकृत कर, समग्र विकास celebrated at New Delhi July 3, 2023 GST promotes cooperative federalism and reduces corruption and tax evasion: Hon’ble Governor of Maharashtra, Shri Ramesh Bais July 3, 2023 ₹1,61,497 crore gross GST revenue collected for June 2023; records 12% Year-on-Year growth July 1, 2023 Calendar for Auction of Government of India Treasury Bills (For the Quarter ending September 2023) July 1, 2023 Foreign national intercepted by DRI found to purge NDPS capsules

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H: Goods matched documents like e-way bill and invoices; detention order ...

H: Goods Inspection Matches E-Way Bill, Lack of Tax Evasion Intent Quashe...

H: Income tax reassessment validity: AO initiated proceedings u/s 147 ins...

H: Reassessment Rules Interpretation: Taxpayer Wins Over Accommodation En...

H: Sale-purchase loss disallowed unreasonably by tax officer, commercial ...

H: Building sale value can't determine depreciation; actual consideration...

H: Loan to equity conversion attracts income tax on excess share premium ...

H: Property purchase: Joint owners pay via banking channels before regist...

H: Tax exemption limit for leave encashment: Local authorities' employees...

H: Tax assessments beyond 6-year limit quashed, satisfaction note lacked ...

H: Cash found in lockers linked to temple trust and educational foundatio...

H: 's Revision: Hospital receipts verified, partial refunds & fees paid s...

H: Microphone Tech Classification: Functionality Over Technology.

H: Exemption from Social Welfare Surcharge on duty-free imports via scrips.

H: Claim for performance pay not an operational debt under IBC; Multiple ...

F: Stock damaged in recent floods

F: ITC Issue in case of Acqusition of Company in Insolvency

F: Transfer of ITC without filing ITC-02

A: Director Identification Number

A: No GST is applicable for the services provided by the Director under p...

A: Income Tax Act Revamp (Comprehensive Review): Status and Suggestion on...

N: Inland Container Depots for loading and unloading of goods - Seeks to ...

A: NON-SUBMISSION OF FORM 15G/15H TO THE COMMISSIONER FOR TDS UNDER SECTI...

A: UNDERSTANDING AMNESTY FOR WAIVER OF INTEREST / PENALTY U/S 128A OF GST...

A: Department cannot pass an order on the dated personal hearing

A: How to register a Company in India: A Step-by-Step Guide for 2024

C: Clarifications on the applicability of concessional duty under IGCR Ru...

C: Withdrawal of Master Circular on issuance of No Objection Certificate ...

C: Implementation of automation in the Customs (Import of Goods at Conces...

F: INTERMEDIARY SERVICES OR EXPORT SERVICES