Clipped from: https://www.taxscan.in/cestat-deletes-service-tax-demand-on-manpower-recruitment-or-supply-agency-service-read-order/102382/ The Customs, Excises, Service Taxes Appellate Tribunal (CESTAT), Chennai Bench deleted the service tax demand on Manpower Recruitment or Supply Agency Service. The appellant, M/s.
Day: April 1, 2021
Gujarat HC quashes the Service Tax Demand as no opportunity of personal hearing was given
The Gujarat High Court quashed the Service Tax Demand as no opportunity of personal hearing was given by the concerned authority before passing the order. The writ
CESTAT quashes Service Tax demand wrongly confirmed under ‘Banking and Financial Services’ when service rendered was under ‘Construction of Complexes’
Clipped from: https://www.taxscan.in/cestat-quashes-service-tax-demand-wrongly-confirmed-under-banking-and-financial-services-when-service-rendered-was-under-construction-of-complexes-read-order/106284/ The Customs, Excises, Service Taxes Appellate Tribunal (CESTAT), Delhi Bench said that Service Tax demand wrongly confirmed under “Banking and Financial Services” when service rendered
Income Tax Return: CBDT notifies new ITR Forms for AY 2021-22
lipped from: https://www.taxscan.in/income-tax-return-cbdt-notifies-new-itr-forms-for-ay-2021-22/108472/ The Central Board of Direct Taxes (CBDT) notified the new Income Tax Return (ITR) Forms for Assessment Year 2021-22. The Board notified the
The Bombay High Court quashed the provisional attachment order of attaching the bank account under the GST Act.
Clipped from: https://www.taxscan.in/gst-bombay-high-court-quashes-provisional-attachment-order-of-attaching-bank-account/108355/ The Bombay High Court quashed the provisional attachment order of attaching the bank account under the GST Act. The petitioner, Praful Nanji Satra
Reopening not valid when Time Limit for Scrutiny pending from Revised Return filed under Section 139(5): ITAT
Clipped from: https://www.taxscan.in/reopening-not-valid-when-time-limit-for-scrutiny-pending-from-revised-return-filed-under-section-1395-itat/108351/ The Income Tax Appellate Tribunal (ITAT), New Delhi Bench ruled that Reopening not valid when Time Limit for Scrutiny pending from Revised Return filed under Section 139(5).
Say ‘Na, No, Never’ to suspicious calls and safeguard yourself from scams – Times of India
lipped from: https://timesofindia.indiatimes.com/spotlight/say-na-no-never-to-suspicious-calls-and-safeguard-yourself-from-scams/articleshow/81631219.cmsWith an increase in sophisticated cybercrimes targeting an individual or company’s hard-earned money, the need for ensuring adequate awareness has also gradually increased. An
A hacker, 10 crore MobiKwik users, over 1 month: Timeline of the largest KYC data breach – Latest News | Gadgets Now–times of idnai
Clipped from: https://www.gadgetsnow.com/tech-news/a-hacker-10-crore-mobikwik-users-over-1-month-timeline-of-the-largest-kyc-data-breach/articleshow/81811357.cms Soon after MobiKwik officially denied reports of the “largest KYC data breach” for the second time in a month, the hacker in a
लढवय्यी कार्यकर्ती : अनिता पगारे – महाराष्ट्र टाइम्स
Clipped from: https://maharashtratimes.com/editorial/manasa/tribute-to-senior-progressive-thinker-social-activist-anita-pagare/articleshow/81751400.cms महिलांच्या प्रश्नी सक्रिय राहतानाच वंचित, शोषितांचा आवाज बनलेल्या व परिवर्तनवादी चळवळीत आकंठ बुडालेल्या पुरोगामी विचारांच्या ज्येष्ठ सामाजिक कार्यकर्त्या अनिता पगारे यांच्या निधनाने चळवळीचे
PLI deadline: Device makers likely to knock on PMO door for extension | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/pli-deadline-device-makers-likely-to-knock-on-pmo-door-for-extension-121040100018_1.html The scheme was the first among the 10 new PLI schemes across various sectors which was announced last September The move comes close
Slippery slope | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/slippery-slope-121033101333_1.html Guaranteeing DFI debt will increase systemic risk Parliament has cleared the way for setting up the National Bank for Financing Infrastructure and Development
I-T Dept message to ‘revise’ ITR baffles tax payers – REPORTING INTEREST INCOME: The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/reporting-interest-income-i-t-dept-message-to-revise-itr-baffles-tax-payers/article34208713.ece?homepage=true Project checks discrepancies in reporting of interest income earned of over ₹5,000 Hundreds of bank deposit holders across the country were non-plussed on
E-invoicing on track to becoming a foolproof mechanism – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/e-invoicing-on-track-to-becoming-a-foolproof-mechanism/article34208076.ece Deciphering whether a particular concept is working well under GST law is simple — the Central Board of Indirect Taxes and Customs (CBIC)
Setting precedents – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/tata-mistry-case-flags-critical-issues-on-corporate-governance-and-minority-rights-in-private-companies/article34208189.ece The Tata-Mistry ruling flags critical issues in governance, minority rights in private companies Post the Supreme Court (SC) verdict in the Tata-Mistry case
Inflation targeting has been a success – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/inflation-targeting-has-been-a-success/article34208320.ece This policy has done well to reduce inflation and improve transparency, and the Centre is rightly continuing with it In May 2016, the
Educated, unemployed and in debt – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/r-srinivasan/educated-unemployed-and-in-debt/article34208219.ece By churning out worthless degrees, the education sector is equally responsible for the education loan mess The high profile exit of Professor Pratap
Can’t let PLI scheme go bust, nurture it – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rational-expectations-cant-let-pli-scheme-go-bust-nurture-it/2224379/ This includes carrying over FY21’s PLI due to force majeure, allowing Chinese players in & ensuring WTO compatibility Since such localisation targets are
PLI scheme for IT hardware: Deadline to file application extended to April 30 – The Financial Express
Clipped from: https://www.financialexpress.com/industry/pli-scheme-for-it-hardware-deadline-to-file-application-extended-to-april-30/2224259/ The scheme aims at providing incentive of 4% to 1% on net incremental sales over base year (2019-20) to the selected companies. “The
India records 0.2 pc current account deficit in December quarter – The Financial Express
Clipped from: https://www.financialexpress.com/economy/india-records-0-2-pc-current-account-deficit-in-december-quarter/2224170/ In the current fiscal, the current account had been in surplus in the previous two quarters, at USD 15.1 billion and USD 19
Why MSMEs are still looking for more government support? – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/why-msmes-are-still-looking-for-more-government-support/2223993/ Ease of Doing Business for MSMEs: As the new fiscal begins, MSMEs share their asks from the government to help them get their
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