Clipped from: https://www.thehindubusinessline.com/opinion/accessible-legal-services/article66370951.ece Online and third party funding are viable options Online justice: Accessible and affordable | Photo Credit: Natali_Mis India’s legal system is currently facing
Month: January 2023
Societal reform is vital for bridging the gender gap in labour market – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/societal-reform-is-vital-for-bridging-the-gender-gap-in-labour-market/article66370908.ece There are some serious social and cultural hurdles for working women Women workers: Major stumbling blocks | Photo Credit: SPECIAL ARRANGEMENT Gender gap
The corporate tax conundrum – The Hindu BusinessLine*****
Clipped from: https://www.thehindubusinessline.com/opinion/the-corporate-tax-conundrum/article66370606.ece Effective tax rate for large companies is falling, but collections are up As people or companies use tax cuts to consume more, it
Inflation cools to one-year low of 5.7% in December – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/double-delight-for-economy-industrial-growth-at-71-per-cent-retail-inflation-at-572-per-cent/article66370073.ece November factory output at a five-month high of 7.1 per cent Nearly three weeks before the Union Budget for FY24, Indian economy got
Any Action of Income Tax Dept Violating CBDT Instructions Untenable in Law: ITAT
lipped from: https://www.taxscan.in/any-action-of-income-tax-dept-violating-cbdt-instructions-untenable-in-law-itat/245094/ The Income Tax Appellate Tribunal (ITAT), Pune bench has held that any action of the income tax department violating the instructions of the CBDT is untenable under
Alternative Remedy Not a Bar on Violation of Natural Justice Principles Irrespective of fact that Assessee filed Reply or Not, rules Chhattisgarh HC
Clipped from: https://www.taxscan.in/gst-alternative-remedy-not-a-bar-on-violation-of-natural-justice-principles-irrespective-of-fact-that-assessee-filed-reply-or-not-rules-chhattisgarh-hc/245066/ While overruling an order passed by the Single Judge, a division bench of the Chhattisgarh High Court has held that the alternative statutory
Banks to report every penny paid as interest to depositor – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/banks-to-report-every-penny-earned-as-interest/article66365465.ece The move will help in widening the tax base and plug the leakages, said experts The limit earlier was set at ₹5,000 per
Cut down on sugar | Business Standard Editorials*****
Clipped from: https://www.business-standard.com/article/opinion/cut-down-on-sugar-123011101544_1.html Multiple levers are available to improve public health The World Health Organization (WHO) has issued draft guidelines to countries on how they can
New rules make online gaming safer for users – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/new-rules-make-online-gaming-safer-for-users/article66365432.ece The proposed regulation tries to bring all online gaming companies, the products they offer, as well as the users under regulatory supervision It is
SEBI buyback rules need a rethink – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/sebi-buyback-rules-need-a-rethink/article66366276.ece Buybacks through the market route must continue. Tax on buyback must be borne by the recipient The market regulator can monitor the manipulative
How to make healthcare affordable and accessible – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/how-to-make-healthcare-affordable-and-accessible/article66366453.ece Public-private partnerships in diagnostics, technology and life-saving treatments can assist under-served communities The government is working with the private sector to improve healthcare
Delays, even with no jurisdiction | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/delays-even-with-no-jurisdiction-123011101562_1.html Judicial overreach and appropriation of power are slowing the insolvency process An impediment in the current insolvency regime is judicial delays. Consider the
Household financial savings at 30-years low | The Financial Express
Clipped from: https://www.financialexpress.com/money/household-financial-savings-at-30-years-low/2945164/ Consumers may have dipped into savings to make purchases Experts believe there will be a let-up in rural unemployment by February when farm
Deduction of interest on loan to purchase a residential home for which possession is pending*
lipped from: https://taxguru.in/income-tax/deduction-interest-loan-purchase-residential-home-possession-pending.html Mr. Abeezar Faizullabhoy Vs CIT (ITAT Mumbai) Appeal Number : ITA No.4831/MUM/2019, Date of Order : 01/09/2021 Issues Whether or not the assessee
No addition towards notional rent as residential asset held as stock-in-trade
Clipped from: https://taxguru.in/income-tax/addition-notional-rent-residential-asset-held-stock-in-trade.html ACIT Vs Balkrishna Shanmugham Chettiar Alias S. Balan (ITAT Pune) ITAT Pune held that addition of notional rental not sustainable as the residential
Mere issuance of SCN or letters of personal hearing is not adequate*******
Clipped from: https://taxguru.in/service-tax/issuance-scn-letters-personal-hearing-adequate.html Sai Construction Vs Assistant Commissioner of Central Tax (Telangana High Court) HC held that Mere issuance of show cause notice or letters of
HC upheld section 68 addition as Assessee failed to prove 3 conditions*****
Clipped from: https://taxguru.in/income-tax/hc-upheld-section-68-addition-assessee-failed-prove-3-conditions.html Rupal Jain Vs CIT (Allahabad High Court) Considering the provision of Section 68 that the assessee has to prove three conditions i.e. (i)