Clipped from: https://taxguru.in/income-tax/presumptive-taxation-scheme-section-44ad-income-tax-act.html Special provision for computing profits and gains of business on presumptive basis. 44AD.(1) Notwithstanding anything to the contrary contained in sections 28 to 43C, in the
Month: October 2021
Income Tax Return (ITR)- Impact of Delay in filing ITRs–TAXGURU.IN
Clipped from: https://taxguru.in/income-tax/income-tax-return-itr-impact-delay-filing-itrs.html The Government of India has framed Income Tax laws governing the taxes to be levied on the taxable income of all persons who
Summary of 4 Recent GST Circulars issued on 20th & 25th Sep 2021–TAXGURU.IN
Clipped from: https://taxguru.in/goods-and-service-tax/summary-4-recent-gst-circulars-issued-20th-25th-sep-2021.html The much awaited 45th meeting of the GST Council was held on 17th September, 2021 in physical mode at Lucknow, an important state capital going
Chairman/MD not vicariously liable for criminal acts of company: SC–TAXGURU.IN
Clipped from: https://taxguru.in/corporate-law/chairman-md-vicariously-liable-criminal-acts-company-sc.html Ravindranatha Bajpe Vs Mangalore Special Economic Zone Ltd. & Others Etc. (Supreme Court) Learned Magistrate has to record his satisfaction about a prima
No demand of service tax in absence of “suppression‟ or “collusion” with an intent to evade payment of tax
Clipped from: https://taxguru.in/service-tax/demand-service-tax-absence-suppression-collusion-intent-evade-payment-tax.html SOTC Travels Services Pvt. Ltd. Vs Principal Commissioner of Central Excise (CESTAT Delhi) Conclusion: Assessee was able to correlate the invoices with the undertakings
Amazon writes to Piyush Goyal clarifying legal fees – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/amazon-writes-to-piyush-goyal-clarifying-legal-fees/articleshow/86640391.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “Last week some media outlets began reporting that Amazon’s India operations spent a combined Rs 8456 crore in “legal fees” During 2019 and
NARCL will have economies of scale with respect to bad asset aggregation | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/narcl-will-have-economies-of-scale-with-respect-to-bad-asset-aggregation-121091601351_1.html The long overdue facilitation via NARCL comes at a time when banks’ appetite for credit needs to be supported, as the economy turns
Forced to withdraw complaint, subjected to banned test, alleges sexually assaulted IAF officer | Deccan Herald
Clipped from: https://www.deccanherald.com/national/forced-to-withdraw-complaint-subjected-to-banned-test-alleges-sexually-assaulted-iaf-officer-1035858.html The charges found place in the FIR registered by the police based on the complaint by the woman officer at the All Woman
Keeping child in mother’s custody natural, conducive to its welfare: Bombay HC | Deccan Herald
Clipped from: https://www.deccanherald.com/national/west/keeping-child-in-mothers-custody-natural-conducive-to-its-welfare-bombay-hc-1035844.html The bench, however, noted that the child needs the love and affection of both parents, and hence, access should be given to the
No insurance claim for stolen vehicle if it is driven without valid registration: SC | Deccan Herald
Clipped from: https://www.deccanherald.com/national/no-insurance-claim-for-stolen-vehicle-if-it-is-driven-without-valid-registration-sc-1035897.htmlRepresentative Image. Credit: PTI File Photo The Supreme Court on Thursday declared that an insurance company can repudiate the claim of a stolen vehicle
Tax case witness to fake GST officer: How man took truck owners for a ride | Deccan Herald
Clipped from: https://www.deccanherald.com/city/tax-case-witness-to-fake-gst-officer-how-man-took-truck-owners-for-a-ride-1035678.html Rajajinagar resident Channappa alias Chandre Gowda was arrested by the Central Crime Branch following a complaint from a transport company owner Credit: iStock Images
The case for a fuel tax cut–TIMES OF INDIA
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/the-case-for-a-fuel-tax-cut/Quick Edit TOI Quick Edits are written by a team of seasoned journalists from the Times of India’s Edit Page and TOI-Online who respond
What gives rise to the rural debt trap?–Sonal Ann D’Souza, Sunit Arora write: INDIAN EXPRESS
Clipped from: https://indianexpress.com/article/opinion/columns/what-gives-rise-to-the-rural-debt-trap-7542634/ Sonal Ann D’Souza, Sunit Arora write: Inadequate access to affordable credit lies at the heart of rural distress Access to credit is complicated
Digital health mission is much-needed. Challenges of language of communication, privacy, doctor shortage must be addressed
Clipped from: https://indianexpress.com/article/opinion/editorials/ayushman-bharat-digital-health-mission-doctor-shortage-7540341/ The attainment of the project’s objectives will, however, depend on the manner in which policymakers navigate challenges that stem from the longstanding failings
“The Clock Is Always Slow; It Is Later Than You Think” – BusinessToday
Clipped from: https://www.businesstoday.in/magazine/leadership-spotlight/story/the-clock-is-always-slow-it-is-later-than-you-think-307630-2021-09-25 Anuj Poddar, Executive Director, Bajaj Electricals What was the problem you were grappling with? When I took over the reins of Bajaj Electricals,
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