Clipped from: https://taxguru.in/income-tax/loss-share-trading-set-off-business-income.html?utm_source=feedburner&utm_medium=email Jitendra Manilal Malkan Vs ITO (ITAT Ahmedabad) It is observed that during the year the assessee had purchased 34 different scripts and out
Day: June 23, 2022
Uploading or serving of a summary of show cause in Form GST-DRC-01 under rule 142(1) is mandatory-TAXGURU
Clipped from: https://taxguru.in/goods-and-service-tax/uploading-serving-summary-show-cause-form-gst-drc-01-rule-1421-mandatory.html?utm_source=feedburner&utm_medium=email Balaji Traders Vs State Tax Officer (Madras High Court) The uploading or serving of summary of show cause in Form GST-DRC-01 under Rule
Notice under GST Rule 68 to be issued electronically or through post?-TAXGURU
Clipped from: https://taxguru.in/goods-and-service-tax/notice-gst-rule-68-issued-electronically-post.html?utm_source=feedburner&utm_medium=email Jabir Hasan Vs Assistant Commissioner of State Tax GST (Uttarakhand High Court) It is not disputed that Rule 68 of Central Goods and Services
Miscellaneous expenses Paid by Cheques based on Self-Made Voucher allowable–TAXGURU
Clipped from: https://taxguru.in/income-tax/miscellaneous-expenses-paid-cheques-based-self-made-voucher-allowable.html?utm_source=feedburner&utm_medium=email Thermon Heat Tracers Pvt. Ltd. Vs JCIT (ITAT Pune) ITAT held that miscellaneous expenses Paid Through Cheques Based On Self-Made Voucher Allowable for
Cash Gift taxable in the year of receipt and not in year it was traced–TAXGURU
Clipped from: https://taxguru.in/income-tax/cash-gift-taxable-year-receipt-year-traced.html?utm_source=feedburner&utm_medium=email Gaurav Agarwal Vs DCIT (ITAT Lucknow) From the examination of documents found during search and seizure operation u/s. 132 of the Act the
These new credit, debit card rules will come into effect from July 1, and these from Oct 1 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/save/these-new-credit-debit-card-rules-will-come-into-effect-from-july-1-and-these-from-oct-1/articleshow/92379777.cms Synopsis For banks and non-banking financial organisations, the Master Direction on “Credit Card and Debit Card” Issuance and Conduct Directions, 2022″ was supposed
What is card tokenization and why should you go for it – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/what-is-card-tokenization-and-why-should-you-go-for-it/articleshow/92385073.cms?utm_source=Desktop&utm_medium=HP_ETGreatReads&utm_campaign=DP Synopsis Tokenization is an imperative step for customers to add an extra layer of security to their sensitive data In the last few
Fret not, flight of FPI capital could slow – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/fret-not-flight-of-fpi-capital-could-slow/articleshow/92395979.cms Synopsis The net FPI outflow of $32 billion in the last nine months exceeds by a wide margin the cumulative net outflows over
EY partner firm SRBC’s audit of IL&FS compromised: NFRA – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/consultancy-/-audit/ey-partner-firm-srbcs-audit-of-ilfs-compromised-nfra/articleshow/92396226.cms Synopsis In its audit quality report (AQR), the NFRA pointed to “large scale non-compliance with professional and regulatory and legal requirements” by the
Bank of Canada says high May inflation ‘keeping us up at night’ – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/bank-of-canada-says-high-may-inflation-keeping-us-up-at-night/articleshow/92393490.cms Rising rates pressuring countries’ credit ratings, S&P Global warns Synopsis A report by the firm on Wednesday said that heavily indebted Italy would
Sebi can’t initiate proceedings against companies under IBC, says panel – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/sebi-cant-initiate-proceedings-against-companies-under-ibc-says-panel/articleshow/92396507.cms Synopsis In its report to the government, the committee opined that any exemptions on moratorium could hinder the IBC process. Under the law,