Day: May 15, 2023
IT sector faces 30% dip in freshers hiring amid industry downturn – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/it-sector-faces-30-dip-in-freshers-hiring-amid-industry-downturn/article66853291.ece The IT industry has been challenged by automation, artificial intelligence, and changing customer preferences, but there will be a surge in jobs for
Mitigating spillovers of financial risk – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/mitigating-spillovers-of-financial-risk/article66850780.ece Broad macro-prudential regulation reduces incentives for excess risk-taking and can close arbitrage gaps Among developing economies, emerging markets (EMs) are relatively more open
👍Assessment Order passed without due opportunity to Legal Heirs- HC remands matter back to AO
Clipped from: https://taxguru.in/income-tax/assessment-order-passed-due-opportunity-legal-heirs-hc-remands-matter-back-ao.html Prema Rengarajan Vs DCIT (Madras High Court) Learned Standing counsel appearing for the Department pointed out that after the death of the original
👍Sales Reversal Entry is not Unexplained Expenditure: ITAT quashes Revision Proceedings
Clipped from: https://www.taxscan.in/sales-reversal-entry-is-not-unexplained-expenditure-itat-quashes-revision-proceedings/277130/ The Kolkata Bench of the Income Tax Appellate Tribunal (ITAT), quashed revision proceedings under Section 263 of the Income Tax Act, 1961 and held that the sales
👍Notice u/s 143(2) not issued by AO: ITAT quashes Income Tax Assessment Order
Clipped from: https://www.taxscan.in/notice-u-s-1432-not-issued-by-ao-itat-quashes-income-tax-assessment-order/276997/ The Kolkata Bench of Income Tax Appellate Tribunal (ITAT) has quashed the assessment order holding that notice under Section 143(2) of the Income Tax Act, 1961 was
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