Clipped from: https://www.thehindubusinessline.com/opinion/disabled-need-legal-aid/article66786020.ece This will help them contribute to society more India’s Rights of Persons with Disabilities Act of 2016 is a vital law that intends
Day: April 28, 2023
👍👍👍👍👍India’s demographic dividend: More talked about than actually encashed
Clipped from: https://www.business-standard.com/opinion/columns/india-s-demographic-dividend-more-talked-about-than-actually-encashed-123042800964_1.html In a country that often touts achievements ahead of their actually being achieved, the story about the demographic dividend being largely wasted is
👍👍👍👍👍Reassessment beyond four years is invalid if no failure to disclosure by Assessee during original assessment
Clipped from: https://taxguru.in/income-tax/reassessment-years-invalid-failure-disclosure-assessee-original-assessment.html S. Ramamirtham Vs ITO (ITAT Chennai) It is an admitted fact that the original assessment has been completed u/s. 143(3) of the Act
👍👍👍👍👍Depreciation on goodwill cannot be rejected merely because performance didn’t match projection
Clipped from: https://taxguru.in/income-tax/depreciation-goodwill-rejected-performance-didnt-match-projection.html DCIT Vs Global Fairs & Media Pvt Ltd. (ITAT Delhi) ITAT Delhi held that depreciation on goodwill cannot be rejected merely because performance
👍👍👍👍👍👍👍Complete Case Digest of Maharashtra AAR (Part 3)
Clipped from: https://www.taxscan.in/complete-case-digest-of-maharashtra-aar-part-3/272174/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Complete%20Case%20Digest%20of%20Maharashtra%20AAR%20(Part%203) The Maharashtra GST AAR refers to the Advance Ruling Authority (AAR) for the state of Maharashtra under India’s Goods and Services Tax (GST)
👍👍👍👍👍👍👍Denying cross examination of witnesses and non-supplying of records renders proceeding untenable
Clipped from: https://taxguru.in/excise-duty/denying-cross-examination-witnesses-non-supplying-records-renders-proceeding-untenable.html Gopi Biri Factory Vs Commissioner of CGST & Excise, Siliguri (CESTAT Kolkata) CESTAT Kolkata held that denial of cross examination of witnesses and
👍👍👍👍👍👍👍Notice u/s 148 of Income Tax Act lacks record
Clipped from: https://www.taxscan.in/notice-u-s-148-of-income-tax-act-lacks-record-of-reasons-to-believe-for-initiating-proceedings-itat-quashes-re-assessment-order/272837/ According to the counsel, it is a prerequisite that reasons to believe recorded by the AO for initiating the proceedings under Section 148
👍👍👍👍👍👍👍No Unjust Enrichment when Goods Sold to Customer at Lower Price: CESTAT
Clipped from: https://www.taxscan.in/no-unjust-enrichment-when-goods-sold-to-customer-at-lower-price-cestat/272506/ The Chandigarh bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that no scope for unjust enrichment when goods are sold to customers
👍👍👍Issuance of Notice under Section 148 without Approval of Higher Authorities: ITAT quashes Assessment Order
Clipped from: https://www.taxscan.in/issuance-of-notice-under-section-148-without-approval-of-higher-authorities-itat-quashes-assessment-order/272958/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Issuance%20of%20Notice%20under%20Section%20148%20without%20Approval%20of%20Higher%20Authorities:%20ITAT%20quashes%20Assessment%20Order The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has recently, in an appeal filed before it, on finding about the issuance notice under Section
👍No TDS Default on Interest Payments, if Form 15G/15H Submitted by Assessee before Year-end: ITAT
Read More: https://www.taxscan.in/no-tds-default-on-interest-payments-if-form-15g-15h-submitted-by-assessee-before-year-end-itat/272400/ Clipped from: https://www.taxscan.in/no-tds-default-on-interest-payments-if-form-15g-15h-submitted-by-assessee-before-year-end-itat/272400/ The Income Tax Appellate Tribunal (ITAT), Chennai Bench, has recently, in an appeal filed before it, held that no TDS default can me imposed
👍👍👍👍👍Capital Gain Tax News Today: Long and Short-Term Capital Assets and How Gains From Shares are Taxed | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/capital-gain-tax-news-today-long-and-short-term-capital-assets-and-how-gains-from-shares-are-taxed/3053458/ Capital Gain Tax News Today: A report on Tuesday claimed that the Government is considering an increase in capital gains taxes for the
👍👍👍👍👍How Property is Divided Without Bequest; मृत्युपत्राविना निधन झाल्यास कसं होतं संपत्तीचं वाटप होते? मुलांशिवाय यांचाही संपत्तीवर अधिकार | Maharashtra Times
Clipped from: https://maharashtratimes.com/business/business-news/how-assets-are-divided-among-children-if-person-dies-without-a-will-know-property-legal-rights/articleshow/99728966.cms Property Division Rule in India : हिंदू उत्तराधिकार कायदा, १९५६ नुसार वडील आणि वडिलोपार्जित मालमत्तेच्या विभाजनासंबंधी महत्त्वाचे नियम आणि कायदे आहेत. कौटुंबिक मालमत्तेशी
Online gaming: Centre likely to seek differential taxation | The Financial Express
Clipped from: https://www.financialexpress.com/economy/online-gaming-centre-likely-to-seek-differential-taxation/3066189/ GST Council may take a final call in June. The GoM had recommended a 28% rate for casinos, race courses and online gaming.
👍👍👍👍👍Raise the bar | [ Same Sex Marriage ] The Financial Express
Clipped from: https://www.financialexpress.com/opinion/raise-the-bar/3066173/ Bar Council of India should not support a move that relegates millions to second-class citizenship The SC is not bound to consider the
👍👍👍👍👍–[ LGBTQ+]The pink rupee imperative | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-pink-rupee-imperative/3066143/ Recognising same-sex marriage would unlock gains for the economy, while giving the LGBTQ+ population the same economic rights as their heterosexual peers. The
👍👍👍👍👍–ONDC–Live and let live | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/live-and-let-live/3064365/ Forcing e-retailers to give up their existing business models would betray a lack of confidence in ONDC The government would also be erring
Freedom, not licence | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/freedom-not-licence/3064343/ Supervisory reviews have shown that some banking entities use the “operational autonomy” granted by the RBI as a licence to squeeze customers I
Protecting unorganised sector workers | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/protecting-unorganised-sector-workers/3062664/ From proactively defining gig and platform workers to facilitate their inclusion in policy decisions to social security cover through various schemes, India has
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