Govt to work with Republic of Moldova in agriculture sector (See 'TOG News')Railways release new pan-India time table effective from Aug 15 (See 'TOG News')Govt signs agreement on rail safety with Japan (See 'TOG News')TP - Department cannot frame ad hoc adjustment u/s 92 without complying with proper method & strict mandate of Section 92C(1): ITAT (See 'TOG Latest')I-T - Failure of payer to deduct tax at source u/s 195 will not obligate payee to interest liability u/s 234B for failure to pay advance tax: ITAT (See 'TOG Latest')Customs - Imported goods kept under bond which has expired can be given benefit of advance licences subsequently issued by licensing authority: CESTAT (See 'TOG Latest')Central Excise - When goods are cleared to SEZ developers & to domestic consumers then credit availed on common input services is to be reversed @ 10% of value of goods cleared to SEZ: CESTAT (See 'TOG Latest')NDMC unveils solar-powered 'Smart City' (See 'TOG News')TP - Merchant banking company being functionally dissimilar cannot be compared to pure investment advisors for purpose of benchmarking: HC (See 'TOG Latest')I-T - Application filed by charitable trust u/s 12A merits deemed registration if Revenue has not acted upon such application within six months of its receipt: HC (See 'TOG Latest')VAT - Commercial tax Department cannot recover its dues by squeezing cash credit facility availed by assessee dealer from its bank: HCService Tax - Payments made by or received by law firm as re-imbursements towards Senior Counsel fee cannot be included in value of services rendered by it: HC (See 'TOG Latest')Ease of Living Index - country's Capital ranks abysmal 65th (See 'TOG News')MHA dehorts use of plastic flags ahead of I-day (See 'TOG News')9% improvement in cleanliness in top 100 railway stations: QCI (See 'TOG News')
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From EDITOR'S KEYBOARD

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India bravely loses bottled liquor case at WTO! - Fiscal reforms of domestic liquor market cannot be delayed any longer!
By Shailendra Kumar, Founder Editor
Somalian pirates become serious Non-Tariff Barrier to global trade; India needs to save life of its citizens and cargo more proactively!
By Shailendra Kumar, Founder Editor
Recession is here in our lap! Will India depend more on anti-dumping tool to shield domestic economy?
By Shailendra Kumar, Founder Editor
Rising tide of global financial tsunami: Should world economy pay for USA's greed? Slow pace of reforms becomes a virtue for India!
By Shailendra Kumar, Founder Editor
Indian taxman is arbitrary! - Microsoft convasses for coalition of MNCs to forge partnership with Revenue!
By Shailendra Kumar, Founder Editor
Pay Commission marginalises and 'dwarfs' Revenue Services to proletariat-status among Civil Services!
By Shailendra Kumar, Founder Editor
Restrictions on cross media ownerships: A need of the hour, indeed!
By Shailendra Kumar, Founder Editor
Chidambaram vs Nath: A clash of titans doing no good to economy nor to image of Dr Singh's Govt!
By Shailendra Kumar, Founder Editor
Billion-dollar unclaimed funds in our system - A saga of unjust enrichment - Urgent need for a National Trustee
By Shailendra Kumar, Founder Editor
Income Tax on Pay Commission pay-outs: Will fiscal deficit-riding FM correct the lapses?
By Shailendra Kumar, Founder Editor
Revenue's overseas posts: Let's do away with 'Under-cover' tag and put a fair selection policy in place!
By Shailendra Kumar, Founder Editor
Pre-polls spasms: Is North Block heading for a change?
By Shailendra Kumar, Founder Editor
Politico-bureaucratic negativism negating judicial positivism!
By Shailendra Kumar, Founder Editor
'Even God cannot save our country' - Is it beginning of the end of era of Judicial Activism?
By Shailendra Kumar, Founder Editor
'Gelatin' lurking in air but do we really care?
By Shailendra Kumar, Founder Editor
UPA Govt wins but democracy gets asphyxiated!
By Shailendra Kumar, Founder Editor
Anti-Smuggling Conclave: Customs honchos discuss everything except human trafficking!
By Shailendra Kumar, Founder Editor
Bribery of foreign public officials by Indian corporate: India needs to develop effective machinery
By Shailendra Kumar, Founder Editor
Avenues for CBDT to consolidate 'Big Brother' role in revenue mop-up!
By Shailendra Kumar, Founder Editor
Indian Internet Economy: How serious is ID Theft? Are we prepared to tackle an 'epidemic'?
By Shailendra Kumar, Founder Editor