Accused can’t be denied access to documents forming part of chargesheet: SC
https://www.business-standard.com/india-news/accused-can-t-be-denied-access-to-documents-forming-part-of-chargesheet-sc-126060600242_1.html The Supreme Court has said that an accused cannot be denied access to documents forming part of the chargesheet as withholding them could seriously
Your queries on income tax: Split rental income with wife if she paid for the purchase
ax Query: Can You Split Rental Income With Your Wife to Reduce Your Tax Outgo? l My wife and I have a commercial property which
Scrap dealer deposits Rs 1.28 crore cash, reports Rs 3 lakh income in ITR; faces Rs 44 lakh tax demand, ITAT intervenes
https://www.financialexpress.com/money/scrap-dealer-deposits-rs-1-28-crore-cash-reports-rs-3-lakh-income-in-itr-faces-rs-44-lakh-tax-demand-itat-intervenes-4260657 A Pune bench of the Income Tax Appellate Tribunal (ITAT) has come to the rescue of a scrap dealer who was saddled with a tax demand
Section 68 Addition Quashed as Loans Were Repaid Through Banking Channels: ITAT Ahmedabad
https://taxguru.in/income-tax/section-68-addition-quashed-loans-repaid-banking-channels-itat-ahmedabad.html?utm_source=follow.it Prolife Industries Ltd. Vs ITO (ITAT Ahmedabad) In this case, the assessee company, engaged in the business of chemicals, challenged reassessment orders for Assessment
FII tax exemption in India: Here’s all you need to know
https://www.thehindubusinessline.com/economy/fii-tax-exemption-in-india-heres-all-you-need-to-know/article71064657.ece Foreign Institutional Investment (FII) gets income tax exemption on interest, capital gains for Government Securities. How were FIIs taxed on Government Securities under the
‘Tax exemption on G-Secs may succeed where RBI liquidity cannot’
https://www.business-standard.com/markets/news/rbi-repo-rate-unchanged-oil-prices-rupee-inflation-risks-gsec-tax-exemption-fii-126060500279_1.html The Reserve Bank has kept the repo rate unchanged at 5.25 per cent and held its ‘neutral’ stance for a third meeting running, an outcome that
Govt exempts foreign investors from tax on G-Secs: Why does this matter?
https://www.business-standard.com/markets/news/govt-tax-exemption-foreign-investors-fii-government-securities-rupee-outflows-126060500428_1.html The Centre on Friday announced that foreign institutional investors (FIIs) and the Bank for International Settlements (BIS) will be exempt from capital gains tax
Withdrawal of taxes on FPI investment in Gsec: The final frontier?
https://www.business-standard.com/markets/news/withdrawal-of-taxes-on-fpi-investment-in-gsec-the-final-frontier-126060500471_1.html The foreign portfolio investors (FPIs) have been in a withdrawal mode this year. One of the reasons which has been given is the system
Centre scraps capital gains, interest tax on FII govt bond investments to pull foreign funds
With the rupee under pressure and BoP deficit likely to be around $50-60 billion, the move is expected to result in good foreign fund inflows.
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