Read more at:https://economictimes.indiatimes.com/wealth/tax/tax-relief-on-builder-paid-rent-in-redevelopment-projects/articleshow/99811533.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Clipped from: https://economictimes.indiatimes.com/wealth/tax/tax-relief-on-builder-paid-rent-in-redevelopment-projects/articleshow/99811533.cms Synopsis The Income-Tax Appellate Tribunal’s (ITAT) Mumbai bench recently held that the rental compensation received from a builder due to
Month: May 2023
Ex-Chief Economic Advisor Krishnamurthy Subramanian tweets why decision to withdraw Rs 2,000 currency notes is important
Read more at:https://economictimes.indiatimes.com/news/india/ex-chief-economic-advisor-krishnamurthy-subramanian-tweets-why-decision-to-withdraw-rs-2000-currency-notes-is-important/articleshow/100382044.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Clipped from: https://economictimes.indiatimes.com/news/india/ex-chief-economic-advisor-krishnamurthy-subramanian-tweets-why-decision-to-withdraw-rs-2000-currency-notes-is-important/articleshow/100382044.cms Synopsis In a long tweet posted on Saturday, Krishnamurthy Subramanian said, “As we have seen in several raids, where mountains
Section 80P deduction eligible to Co-op credit Society on interest from nationalised bank on deposit made to comply statutory requirement
Read more at: https://taxguru.in/income-tax/section-80p-deduction-eligible-co-op-credit-society-interest-nationalised-bank-deposit-comply-statutory-requirement.htmlCopyright © Taxguru.in Clipped from: https://taxguru.in/income-tax/section-80p-deduction-eligible-co-op-credit-society-interest-nationalised-bank-deposit-comply-statutory-requirement.html Rifle Factory Cooperative Society Limited Vs ACIT (ITAT Kolkata) From perusal of Sections 80, 81 & 82 of
👍👍👍👍👍No penalty if no intention to evade service tax & for tax paid before issue of notice
Read more at: https://taxguru.in/service-tax/penalty-intention-evade-service-tax-tax-paid-issue-notice.htmlCopyright © Taxguru.in Clipped from: https://taxguru.in/service-tax/penalty-intention-evade-service-tax-tax-paid-issue-notice.html Assam Company India Limited Vs Commissioner of Service Tax (CESTAT Kolkata) Revenue has not brought any evidence to
GST interest not payable on credit component (ITC)
Read more at: https://taxguru.in/goods-and-service-tax/gst-interest-payable-credit-component-itc.htmlCopyright © Taxguru.in Clipped from: https://taxguru.in/goods-and-service-tax/gst-interest-payable-credit-component-itc.html Voltech O And M Services Private Ltd. Vs Superintendent of GST And Central Excise (Madras High Court) The
Rs 2000 note withdrawn: What happens if you fail to deposit, exchange it by September 30, 2023?
Read more at:https://economictimes.indiatimes.com/wealth/save/rs-2000-note-withdrawn-what-happens-if-you-fail-to-deposit-exchange-it-by-september-30-2023/articleshow/100372522.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Clipped from: https://economictimes.indiatimes.com/wealth/save/rs-2000-note-withdrawn-what-happens-if-you-fail-to-deposit-exchange-it-by-september-30-2023/articleshow/100372522.cms Preeti Motiani Editor, The Economic Times Synopsis The Reserve Bank of India (RBI) has decided to withdraw Rs 2000 bank
Rs 2,000 note withdrawn from circulation: If bank finds your note to be fake this is what will happen
Read more at:https://economictimes.indiatimes.com/wealth/save/rs-2000-note-withdrawn-from-circulation-if-bank-finds-your-note-to-be-fake-this-is-what-will-happen/articleshow/100362572.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Clipped from: https://economictimes.indiatimes.com/wealth/save/rs-2000-note-withdrawn-from-circulation-if-bank-finds-your-note-to-be-fake-this-is-what-will-happen/articleshow/100362572.cms Synopsis RBI has instructed all banks to follow the central bank’s master direction on dealing with counterfeit notes in case
What India’s decision to scrap its Rs 2000 note means for its economy
Read more at:https://economictimes.indiatimes.com/news/economy/policy/what-indias-decision-to-scrap-its-rs-2000-note-means-for-its-economy/articleshow/100370860.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Clipped from: https://economictimes.indiatimes.com/news/economy/policy/what-indias-decision-to-scrap-its-rs-2000-note-means-for-its-economy/articleshow/100370860.cms Synopsis While the notes will remain legal tender, Indian citizens have been advised to deposit or exchange them by 30
TCS on Credit Card calculation: How much extra will you have to pay on an international trip?
Clipped from: https://www.financialexpress.com/money/tcs-on-credit-card-calculation-how-much-extra-will-you-have-to-pay-on-an-international-trip/3093821/ The Central government has notified the amended rules under the FEMA to include international credit card transactions in the Liberalised Remittance Scheme. The
A sustainable growth rate: At what level will India have no output gap?
Clipped from: https://www.business-standard.com/opinion/columns/a-sustainable-growth-rate-at-what-level-will-india-have-no-output-gap-123051900902_1.html Domestic commentators need to engage with the issue of growth rate at which India will have no “output gap” – is it really
Reserve Bank of India to withdraw Rs 2,000 currency notes from circulation
Clipped from: https://www.business-standard.com/finance/news/reserve-bank-of-india-to-withdraw-rs-2-000-currency-note-from-circulation-123051900976_1.html The RBI has advised banks to stop issuing Rs 2,000 denomination banknotes with immediate effect Listen to This Article The Reserve Bank of
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