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
Month: April 2023
👍👍👍👍👍👍👍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
👍👍👍👍👍👍👍Compensation paid by builder during redevelopment of flats is capital receipt
lipped from: https://taxguru.in/income-tax/compensation-paid-builder-redevelopment-flats-capital-receipt.html Ajay Parasmal Kothari Vs ITO (ITAT Mumbai) ITAT Mumbai held that compensation paid by the builder for facing hardship during redevelopment of flats
After a slow start, PLI scheme may switch on the afterburners in FY24
Clipped from: https://www.business-standard.com/economy/news/after-a-slow-start-govt-s-ambitious-pli-scheme-may-take-off-in-fy24-123042701149_1.html Rs 8,083 cr is expected to be disbursed this fiscal Illustration: Binay Sinha As the government’s ambitious production-linked incentive (PLI) scheme enters its
Big 4 IT Companies–Q4 results: India’s IT services biggies fail to meet expectations
Clipped from: https://www.business-standard.com/companies/news/q4-results-india-s-it-services-biggies-disappoint-on-expectations-123042701184_1.html Wipro net dips 0.4% in Q4, guides for revenue contraction in current quarter In terms of performance, analysts are hopeful on TCS, as
Google took action against 3,500 personal loan apps in 2022 in India
Clipped from: https://www.business-standard.com/companies/news/google-took-action-against-3-500-personal-loan-apps-in-2022-in-india-123042701334_1.html Globally, Google prevented 1.43 million policy-violating apps from being published on Google Play Photo: Bloomberg Listen to This Article Google in India took
👍👍👍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