TP - Mere dissatisfaction with factual findings of ITAT regarding selection of comparables after application of quantitative/qualitative filters cannot be contested u/s 260A: HC (See 'TOG Latest')I-T - Assessee is eligible to claim exemption u/s 54 where possession of flat held by him since date of allotment is handed over & capital gain is paid on transfer of property 'held': ITAT (See 'TOG Latest')Customs - Classification of imported goods cannot be decided based on internet search results when Department could have obtained expert opinion or technical write-up: CESTAT (See 'TOG Latest')Central Excise - Demands cannot be raised under rent-a-cab service where Department is unable to prove that vehicle was capital goods of assessee & was registered in its name: CESTAT (See 'TOG Latest')ISA - India to host first general conclave (See 'TOG News')New convention & expo centre to reflect economic progress: Modi (See 'TOG News')TP - When agreement between two resident companies does not provide for any markup on total cost then no addition is permitted by applying margin of international transactions: ITAT (See 'TOG Latest')I-T - If interest income does has no direct link with eligible business or business activity then it can be considered for deduction claimed u/s 80IB & 80IC: ITAT (See 'TOG Latest')Central Excise - Cenvat credit be availed on supplementary invoices rasing demand for 'royalty charges' & 'stowing excise duty', 'paryavaran upkar', 'vikas upkar', 'forest fee' & 'Entry tax': CESTAT (See 'TOG Latest')Service Tax - Extended period of limitation cannot be invoked where issue of taxability of commission received from banks was contested during period of dispute: CESTAT (See 'TOG Latest')Govt launches Swachhata Hi Seva campaign to promote cleanliness (See 'TOG News')Govt launches Swachhata Hi Seva campaign to promote cleanliness (See 'TOG News')Delhi Govt inks pact with Seoul for better infrastructure & public health (See 'TOG News')Govt launches star rating based on efficient energy use (See 'TOG News')DTAA - Tax Residency Certificate constitutes sufficient evidence for accepting status of residence as well as beneficial ownership for seeking treaty benefits: ITAT (See 'TOG Latest')I-T - Pre-deposit of duty demanded from cooperative institution can be waived off considering that its members come from marginal sections of society: ITAT (See 'TOG Latest')Customs - Duty exemption under Notfn No 46/2006-Cus can be denied where entire quantity of imported goods were not used to manufacture final product: CESTAT (See 'TOG Latest')Central Excise - Cenvat credit cannot be allowed on Outdoor Catering service which is utilized for personal use by employees & has no nexus with manufacture of final product: CESTAT (See 'TOG Latest')
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Budget 2015
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Big contribution by Agro universities in boosting farmer's income: Radha Mohan Singh
By TOG News Service
Mar 08, 2018

TOG News Service, NEW DELHI, MAR 08, 2018: ADDRESSING the Vice Chancellors of State Agriculture Universities and Directors of ICAR (Indian Council of Agricultural Research) Institutes in NASC Complex, New Delhi today, the Union Minister for Agriculture and Farmers' Welfare, Mr Radha Mohan Singh, drew attention to the fact that food grain production in the country stood at 275.68 million tonnes in 2017-18. He further stated that such figure reflected a hike by 19 million tonnes, in comparison to the average production between 2011-12 and 2015-16. Mr Singh then stated that Horticulture witnessed a 4.8% hike compared to the previous year, with a record production at 305 million tonnes in 2016-17. He also mentioned that the production of fruits and vegetables had crossed 93 million tonnes and 178 million tonnes respectively.

Thereby, Mr Singh stated that towards such achievement in production, the technologies developed by State Agriculture Universities and ICAR had played a praise-worthy role. He further stated that tate Agriculture Universities and ICAR were working to make agriculture sustainable and beneficial for farmers. Despite challenges, agriculture universities and ICAR had made remarkable progress in agriculture productivity and production, thereby helping small and marginal farmers in enhancing their income. He further mentioned that in a coordinated effort, agriculture universities and ICAR institutes along with various state and central agencies had developed a 'Strategy Document on Doubling Farmers' Income by 2022 for different States. This would immensely help in achieving the prosperity of farmers. Moreover, special emphasis had been given on developing new technologies, integrated farming system, institution building, and human resource, diversification in agriculture, creating new opportunities and developing new sources of information.

Mr Singh further drew attention to the fact that out of the about 138 million landholders in India, about 85% of the farmers were marginal or small. Thereby, he asserted that this vulnerable class of farmers urgently needed better farming techniques and information. Thereby, the ICAR had developed 45 Integrated Farming System (IFS) models to help them tide over the problems associated with climate change. This model was being replicated and taken forward through KVKs spread across the country. Besides, ICAR had developed 623 certified District Level contingency schemes and organized skill development programs for 40.9 lakh farmers. In order to assist the Government's 'Soil Health Card' initiative, mini-labs were developed for soil testing. He further mentioned that ICAR through its KVKs spread across the country, had displayed climate friendly techniques in 29 States. ICAR had also developed 42 organic farming techniques, which were tested and are being further improved. Further, to benefit the farmers, he mentioned that the Govt had initiated several schemes & programmes like agriculture extension, 'Sankalp Se Siddhi', 'Mera Gaon Mera Gaurav', infrastructure development, agriculture education, agricultural research, international cooperation, and technology transfer.