Clipped from: https://taxguru.in/chartered-accountant/revision-tax-audit-reports.html Tax audit is a cross-examination of the books of accounts of the taxpayer by a practicing Chartered Accountant under the Income Tax Act
Day: November 27, 2021
Section 54F exemption cannot be denied merely for purchase of property by HUF in members name–TAXGURU.IN
Clipped from: https://taxguru.in/income-tax/section-54f-exemption-denied-merely-purchase-property-huf-members-name.html PCIT Vs Vaidya Panalalmanilal (HUF) (Gujarat High Court) The materials on record would suggest that there was no dispute at the hands of
Practical difficulties faced by taxpayers & professionals in GST
Clipped from: https://taxguru.in/goods-and-service-tax/practical-difficulties-faced-taxpayers-professionals-gst.html?utm_source=feedburner&utm_medium=email Article explains Practical difficulties faced by taxpayers and professionals in GST which includes Restriction on claiming ITC u/s 16 (4), GSTN portal doesn’t
Cryptocurrency: How the needle moved from ban to regulation | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/cryptocurrency-how-the-needle-moved-from-ban-to-regulation-7641740/ The progression in the government taking up the cryptocurrency debate came after the central bank formally raised its concerns with the virtual currencies
Is husband justified in beating the wife? Survey has telling responses | India News,The Indian Express
Clipped from: https://indianexpress.com/article/india/nfh-survey-husband-justified-beating-wife-women-empowerment-7643714/ Responses to the question, “In your opinion, is a husband justified in hitting or beating his wife…,” from as many as 18 states
“I don’t believe that failure is a blackmark”: Founder of LatentView Analytics – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/i-dont-believe-that-failure-is-a-blackmark-founder-of-latentview-analytics/article37704040.ece?homepage=true The data and analytics company was listed at a premium of 169 per cent over its issue price on its debut on the
‘The insurance sector and governments need to coordinate to hedge natural disaster risks’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/the-insurance-sector-and-governments-need-to-coordinate-to-hedge-natural-disaster-risks/article37696447.ece?homepage=true Soumya Kanti Ghosh, Group Chief Economic Adviser, calls for a solution that involves public-private participation in the form of a National Disaster Pool
Dipping into oil reserves — a token gesture – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/dipping-into-oil-reserves-a-token-gesture/article37705763.ece?homepage=true India needs to re-strategise its energy policy. Building more reserve storage capacity must be given top priority Is India future ready is the
Covid variant fear makes it a Black Friday for markets – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/markets/covid-variant-fear-makes-it-a-black-friday-for-markets/article37710192.ece?homepage=true Sensex crashes 1,687 points, shaving off over ₹4.5-lakh cr of investor wealth It was mayhem on Dalal Street with benchmark indices closing nearly
Govt to help restart MSMEs which shut down during pandemic: Rane | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-to-help-restart-msmes-which-shut-down-during-pandemic-rane-121112601379_1.html The Centre is mulling providing help to the micro, small and medium enterprises which were closed during the COVID-19 pandemic and a high-level
Tyre stocks may continue to underperform as margin worries weigh | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/tyre-stocks-may-continue-to-underperform-as-margin-worries-weigh-121112601129_1.html Price hikes by companies have not been enough to absorb the sharp rise in input costs While higher exports have reflected in the
Decoded: Why a new South African Covid-19 variant has got the world worried | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/decoded-why-a-new-south-african-covid-19-variant-has-got-the-world-worried-121112600720_1.html The variant, termed B.1.1.529, has as many as 32 spike mutations, and has made its way to countries such as Hong Kong and
Rate action: The Fed must think creatively again – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/rate-action-the-fed-must-think-creatively-again/2376178/ By fixating on the risks of a Japanese-style deflation, the Fed all but ignored the possibility of a major upside inflation surprise The
Play safe with cryptos, leverage blockchain – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/play-safe-with-cryptos-leverage-blockchain/2376174/ To begin with, we must ensure domestic credit is not chanelled into crypto-investments Given this, the Indian government would do well to not
Made mistakes in telecom business: Kumar Mangalam Birla – The Financial Express
Clipped from: https://www.financialexpress.com/industry/made-mistakes-in-telecom-business-kumar-mangalam-birla/2376998/ Birla also said one of the biggest regrets in his life was to lose out on Hindustan Zinc, the country’s largest zinc-lead miner.
Reliance | Maruti | Bharat Electronics: Expect minimum 10% correction in Sensex & Nifty; be cautious for next few months: Dipan Mehta – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/expect-minimum-10-correction-in-sensex-nifty-be-cautious-for-next-few-months-dipan-mehta/articleshow/87914532.cmsSECTIONSExpect minimum 10% correction in Sensex & Nifty; be cautious for next few months: Dipan MehtaLast Updated: Nov 26, 2021, 09:22 AM ISTSynopsis “We
Must-do list to stay safe on social media | EconomicTimes
Clipped from: https://economictimes.indiatimes.com/news/web-stories/must-do-list-to-stay-safe-on-social-media-platforms/slideshow/87912200.cms ET Online Nov 25, 2021
Former SBI chief Rajnish Kumar, Choko La founder Vasudha Dinodia join Hero MotoCorp board – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/former-sbi-chief-rajnish-kumar-choko-la-founder-vasudha-dinodia-join-hero-motocorp-board/articleshow/87935785.cmsSynopsis Kumar, a career banker with nearly four decades of service, completed his three-year term as chairman of the State Bank of India (SBI)
Cryptocurrency: The good, the annoying, and the downright scary – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/cryptocurrency-the-good-the-annoying-and-the-downright-scary/articleshow/87937838.cmsSynopsis Central banks are all aware of the key risks. One, that ill-informed investors could get hurt, lured into investing in a relatively volatile
Auto-rickshaw services provided through e-commerce platforms to attract 5% GST – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/auto-rickshaw-services-provided-through-e-commerce-platforms-to-attract-5-gst/articleshow/87933799.cmsSynopsis The Revenue Department under the Finance Ministry through a notification dated November 18 withdrew the GST exemption available to auto rickshaws providing passenger