Clipped from: https://taxguru.in/income-tax/presumptive-taxation-scheme-income-tax-act-1961.html Details of Presumptive Taxation Scheme For small taxpayers the Income Tax Act has framed three presumptive taxation schemes as given below: Provisions of
Day: January 10, 2023
Validity of Assessment order passed against dead person without brining on records his legal heirs*****
Clipped from: https://taxguru.in/income-tax/validity-assessment-order-passed-dead-person-brining-records-legal-heirs.html Legal Heirs of Late Sh Virendra Kumar Bhatnagar (Deceased) Vs ACIT (Delhi High Court) In the present case as admitted by the Respondent
Removing barriers to entry | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/removing-barriers-to-entry-123010901342_1.html Policies should focus on improving the ease of entering business, not just the ease of doing business It is nearly time for another
Taxing demands | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/taxing-demands-123010901357_1.html Unrealistic revenue targets will affect business environment A recently reported directive by the Central Board of Direct Taxes to senior tax officials to focus on recovering 40
RBI lists 6 rating agencies for banks’ capital adequacy purposes | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-lists-6-credit-rating-agencies-for-banks-to-risk-weight-claim-123010901015_1.html Central bank’s names come after Sebi last year cancelled the licence of Brickworks Ratings for allegedly violating rules The Reserve Bank of India
Income Tax – Set-off long term loss only against LTCG | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/your-queries-income-tax-set-off-long-term-loss-only-against-ltcg/2940173/ Equity shares are classified as long term if they are held for a period more than 12 months. While no documentary evidence is
A year of record-breaking growth & promise of a brighter tomorrow for the realty sector | The Financial Express
lipped from: https://www.financialexpress.com/money/a-year-of-record-breaking-growth-amp-promise-of-a-brighter-tomorrow-for-the-realty-sector/2941694/ While the housing segment will undoubtedly continue to spur growth, the real estate sector is well poised to record its best year with
Fall in India nominal GDP growth in FY24 to challenge fiscal math – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/fall-in-india-nominal-gdp-growth-in-fy24-to-challenge-fiscal-math/articleshow/96855109.cms Synopsis Nominal GDP growth, which includes inflation, is the benchmark used to estimate tax collections in the upcoming budget to be presented on
TCS Q3 results threw up positive surprise in terms of order booking and revenue: Omkar Tanksale – The Economic Times*
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/tcs-q3-results-threw-up-positive-surprise-in-terms-of-order-booking-and-revenue-omkar-tanksale/articleshow/96860029.cms SECTIONS TCS Q3 results threw up positive surprise in terms of order booking and revenue: Omkar Tanksale Last Updated: Jan 09, 2023, 07:12