Clipped from: https://taxguru.in/income-tax/section-148-notice-issued-approval-resolution-plan-ibc-2016.html?utm_source=feedburner&utm_medium=email Murli Industries Limited. Vs ACIT (Bombay High Court) Issue : Whether the Authorities of the Income Tax Department can issue notice under Section 148
Day: January 2, 2022
SCN not challenged within prescribed time- HC justified in dismissing the writ on the ground of limitation–TAXGURU.IN
Clipped from: https://taxguru.in/custom-duty/scn-challenged-prescribed-time-hc-justified-dismissing-writ-ground-limitation.html?utm_source=feedburner&utm_medium=email Samrat Exporters and Importers Vs Assistant Commissioner of Central Excise and Customs (Kerala High Court) It is an admitted fact that the appellant
Bank not a trustee of money deposited by Customers- Customer & Bank are creditor/Debtor: SC–TAXGURU.IN
Clipped from: https://taxguru.in/income-tax/bank-trustee-money-deposited-customers-customer-bank-creditor-debtor-sc.html?utm_source=feedburner&utm_medium=email N. Raghavender Vs State of Andhra Pradesh (Supreme Court) Section 409 IPC pertains to criminal breach of trust by a public servant or
Increased imports, IT raids fuel GST collection in Dec 2021 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/increased-imports-it-raids-fuel-gst-collection-in-dec-2021-122010100645_1.html Gross GST revenues collected in December 2021 stood at Rs 1,29,780 crore, 13 per cent higher than GST revenues collected in same month
DGGI cracks down on crypto exchanges, Rs 70 cr tax evasion detected: Report | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/dggi-cracks-down-on-crypto-exchanges-rs-70-cr-tax-evasion-detected-report-122010100481_1.html The DGGI is investigating Coinswitch Kuber, CoinDCX, BuyUCoin and Unocoin, say sources Photo: Bloomberg After the massive tax evasion of GST by Cryptocurrency Service providers
ICRA places RBL Bank ratings under watch with developing implications | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/icra-places-rbl-bank-ratings-under-watch-with-developing-implications-122010100315_1.html ICRA will continue to monitor the developments related to the deposit levels as this could have a material impact on the liquidity position
Chip shortage impacts passenger vehicle sales in December too – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/chip-shortage-impacts-passenger-vehicle-sales-in-december-too/article38086852.ece Tata Motors and M&M record sales growth during December despite semiconductor crisis – PTI Tata Motors and M&M record sales growth during December
Tata Motors overtakes Hyundai to grab the number two position in PV sales in December 2021 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/cars-uvs/tata-motors-overtakes-hyundai-to-grab-the-number-two-position-in-pv-sales-in-december-2021/articleshow/88634678.cmsSynopsis Tata Motors dispatched about 35300 units in December 2021 against 32312 units despatched by South Korean carmaker Hyundai Motor India. During the quarter
It is time to address those cyber insecurities – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-it-is-time-to-address-those-cyber-insecurities/articleshow/88622620.cmsSynopsis Forbes, quoting a cyber expert, predicts a new attack every two seconds, and estimates ransomware costs at $265 billion by 2031. Apart from
Passenger vehicle sales fall for 4th straight month in December – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/passenger-vehicle-sales-fall-for-4th-straight-month-in-december/articleshow/88638537.cmsSynopsis Overall, though, sales of passenger vehicles in the local market breached the 3 million-mark for the third time last calendar year, growing by
Missed the income tax return filing deadline? Here’s what you can do | Missed ITR filing deadline
Clipped from: https://economictimes.indiatimes.com/wealth/tax/missed-the-income-tax-return-filing-deadline-heres-what-you-can-do/articleshow/65631847.cms If you miss the deadline (currently December 31, 2021) to file your income tax return (ITR) for FY 2020-21, don’t worry, you can still file
Flexible working: The future of workplace is hybrid – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/company/corporate-trends/flexible-working-the-future-of-workplace-is-hybrid/articleshow/88637304.cms SynopsisEmployees see flexibility as a need-to-have, not a nice-to-have, benefit — and companies of all sizes are adjusting their workspace expectations to accommodate
A truckload of woes: as ownership patterns change, it may be end of road for small fleet owners – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/economy-and-policy/a-truckload-of-woes-as-ownership-patterns-change-it-may-be-end-of-road-for-small-fleet-owners/primearticleshow/88193922.cms SynopsisSince the beginning of the lockdown last year, small fleet owners had been facing utilisation issues due to low demand and unavailability of
All method, no madness: how Chandra’s deal team is snapping up startups for Tata Group – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/technology-and-startups/all-method-no-madness-how-chandras-deal-team-is-snapping-up-startups-for-tata-group/primearticleshow/84357874.cms SynopsisTata Group, led by N Chandrasekaran, shows no sign of a late entrant’s desperation as it opts for the inorganic route to build
Sebi paper on algo trading unnerves brokers. A protective net or regressive step? Jury’s still out. – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/money-and-markets/sebi-paper-on-algo-trading-unnerves-brokers-a-protective-net-or-regressive-step-jurys-still-out-/primearticleshow/88304263.cms SynopsisThe consultation paper proposes regulating algo trading with the intention to curb mis-selling, reduce probability of Black Swan events, and even frontrunning by
Asian Paints’ related-party transactions: what’s worrying the whistleblower and the proxy advisor? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/corporate-governance/asian-paints-related-party-transactions-whats-worrying-the-whistleblower-and-the-proxy-advisor/primearticleshow/87966327.cms SynopsisWhistleblower complaints to Sebi and a report from Bengaluru-based proxy advisory firm InGovern have brought the leading paint-maker into focus over related-party transactions
Mahindra & Mahindra tractor sales slip 19% to 18,269 units in Dec – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-news/mahindra-mahindra-tractor-sales-slip-19-to-18269-units-in-dec/articleshow/88636348.cmsSynopsis Homegrown auto major Mahindra & Mahindra Ltd (M&M) on Saturday reported a 19 per cent decline in total tractor sales at 18,269 units
Food aggregators like Swiggy and Zomato to collect 5% GST beginning January 1 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/food-aggregators-like-swiggy-and-zomato-to-collect-5-gst-beginning-jan-1/articleshow/88630235.cmsSynopsis Currently, restaurants registered under GST are collecting and depositing the tax. Also, cab aggregators like Uber and Ola will have to collect 5
domain name dispute: What to do in case of a website or domain name dispute – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/how-to/what-to-do-in-case-of-a-website-or-domain-name-dispute/articleshow/88606670.cmsSynopsis In September 2020, NIXI carried out certain amendments in the INDRP Rules of Procedure, INDRP Policy and the Code of Ethical Conduct for
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