Clipped from: https://www.taxscan.in/provisions-of-sec-44ad-not-applicable-to-commission-agents-itat/168758/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Section%2044 Top Stories By Rasheela Basheer – On April 17, 2022 6:25 am The ITAT, Chennai bench has held that the provisions of Section 44AD of the
Month: April 2022
*‘Framing of Reassessment u/s 147 of Income Tax Act against Non-Existing Entity is void ab-initio’: ITAT [Read Order]–TAXSCAN
Read More: https://www.taxscan.in/framing-of-reassessment-u-s-147-of-income-tax-act-against-non-existing-entity-is-void-ab-initio-itat/168698/ Clipped from: https://www.taxscan.in/framing-of-reassessment-u-s-147-of-income-tax-act-against-non-existing-entity-is-void-ab-initio-itat/168698/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Reassessment Top Stories By Taxscan Team – On April 17, 2022 9:45 am The Delhi bench of the Income Tax Appellate Tribunal (ITAT), has held
ITAT condones Delay of 4 Years in filing Rectification Application u/s 154 of Income Tax Act–TAXSCAN
lipped from: https://www.taxscan.in/itat-condones-delay-of-4-years-in-filing-rectification-application-u-s-154-of-income-tax-act/168733/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=condones%20Delay%20of%204%20Years Top Stories By Taxscan Team – On April 17, 2022 7:11 am The Jaipur bench of the Income Tax Appellate Tribunal (ITAT) has recently condoned a
*Mere Mistake in filing of Income Tax Return would not result in Enhancement of Income: ITAT–TAXSCAN
Clipped from: https://www.taxscan.in/mere-mistake-in-filing-of-income-tax-return-would-not-result-in-enhancement-of-income-itat/168830/ Top Stories By Rasheela Basheer – On April 17, 2022 9:16 pm The Chennai bench of the Income Tax Appellate Tribunal (ITAT) has held that a mere mistake
9 private banks on account aggregator system, 5 public sector banks in line | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/9-private-banks-on-account-aggregator-system-5-public-sector-banks-in-line-122041600029_1.html Among large private sector lenders, HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, and IndusInd Bank are live on the AA system
General insurers seek clarity on various provisions from IRDAI – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/todays-paper/tp-markets/general-insurers-seek-clarity-on-various-provisions-from-irdai/article65325148.ece Pricing, reinsurance, default, solvency margins arekey concerns General insurance companies have sought clarity from the Insurance Regulatory and Development Authority of India (IRDAI)
All you need to know about UPI Lite – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-markets/all-you-need-to-know-about-upi-lite/article65325138.ece How the feature-phone version of the indigenous payments app can help declutter the e-money highway What is unified payment interface (UPI)? UPI is
Profiteering provisions for realty projects – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/profiteering-provisions-for-realty-projects/article65325173.ece Gavel on the podium. Good copy space. | Photo Credit: Marilyn Nieves NAA says projects getting completion certificate post introduction of GST will
*Aadhaar’s trust deficit: CAG has raised many red flags on UIDAI’s data security | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/aadhaars-trust-deficit-cag-has-raised-many-red-flags-on-uidais-data-security/2490892/ The UIDAI was unable to give assurances on the security of “REs and ASAs accessing and storing” Aadhaar users’ personal information through non-registered
Strengthen banking mechanisms: A case for upgrading banks’ auditing | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/strengthen-banking-mechanisms-a-case-for-upgrading-banks-auditing/2492263/ The increasing digitalisation of banking services has facilitated auditing, but has thrown up complex challenges The issue on hand assumes a much larger
Things to consider before buying a health insurance policy | The Financial Express
Clipped from: https://www.financialexpress.com/money/things-to-consider-before-buying-a-health-insurance-policy/2492241/ The rapid growth of medical inflation has increased operating costs for the healthcare industry. These are inevitably passed on to patients. A group
*****RBI must pivot to inflation control | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/second-edit/rbi-must-pivot-to-inflation-control-1100207.html RBI The Reserve Bank of India has given indications of a shift to prioritising inflation ahead of growth in its latest Monetary Policy
*****Know how to save tax on long-term capital gains | Deccan Herald
Clipped from: https://www.deccanherald.com/business/know-how-to-save-tax-on-long-term-capital-gains-1095232.html The tax on capital gains arising from the transfer of a long-term capital asset, being land or building or both, can be reduced
*****Health insurance policy: Important terms to know | Deccan Herald
Clipped from: https://www.deccanherald.com/business/business-news/health-insurance-policy-important-terms-to-know-1099510.html Today, having a health insurance policy has become a necessity to ensure that we are well covered in case of any health-related exigency
*****RBI is right to prioritise inflation management. But it won’t be easy | Radhika Pandey writes
lipped from: https://indianexpress.com/article/opinion/columns/rbi-is-right-to-prioritise-inflation-management-but-it-wont-be-easy-7864974/ Radhika Pandey writes: Trade-off between managing prices and government’s borrowing programme will present a challenge. RBI has announced the withdrawal of some of
*****Sharp rise in inflation is likely to bring forward the RBI’s timelines for tightening of policy | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/sharp-rise-inflation-likely-rbis-timelines-for-tightening-of-policy-7868277/ The rise in retail inflation in March was driven primarily by food items — the consumer food price index rose to 7.68 per
Sensitive to the West’s sanctions against Russia, says RBI governor | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/sensitive-to-the-west-s-sanctions-against-russia-says-rbi-governor-122040801031_1.html No decision yet on Rupee-Rouble trade RBI Governor Shaktikanta Das | Illustration: Binay Sinha The Reserve Bank of India (RBI) on Friday said
Monetary policy: RBI shifts gaze to inflation from growth after 2 years | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/monetary-policy-rbi-shifts-gaze-to-inflation-from-growth-after-2-years-122040801336_1.html Sets stage for rate hikes after June policy amid high oil prices, yields RBI Governor Shaktikanta Das. Illustration: Ajay Mohanty The increase in
*6 situations in which you and your children lose legal right to inherit a property – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/6-situations-in-which-you-and-your-children-lose-legal-right-to-inherit-a-property/articleshow/90656781.cms SynopsisAs per the Hindu Succession Act, if a Hindu Male dies intestate (i.e. without having a will), then class-I legal heirs will have
*Export opportunity | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/export-opportunity-122040700031_1.html India can become a reliable grain exporter Union Commerce and Food Minister Piyush Goyal’s optimism about India’s wheat exports scaling a new high
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