Month: June 2023
Material Found from Premises of Third Parties cannot be Utilized against Assessee for making Assessment u/s 143(3) r.w.s. 153A of IT Act :ITAT
Read More: https://www.taxscan.in/material-found-from-premises-of-third-parties-cannot-be-utilized-against-assessee-for-making-assessment-u-s-1433-r-w-s-153a-of-it-act-itat/286567/ Material Found from Premises of Third Parties cannot be utilized against assessee for making Assessment u/s 143(3) r.w.s. 153A of IT Act :ITAT
👍👍👍👍👍Deduction u/s 80P(2)(d) available to co-operative society towards interest earned from co-operative banks
https://taxguru.in/income-tax/deduction-u-s-80p-2-d-co-operative-society-interest-earned-co-operative-banks.html Clipped from: https://taxguru.in/income-tax/deduction-u-s-80p-2-d-co-operative-society-interest-earned-co-operative-banks.html University of Agricultural Vs ACIT (ITAT Bangalore) ITAT Bangalore held that assessee, being a employees housing co-operative society, is eligible for deduction
Read: ‘Harnessing GST in AA network will encourage adoption of cashflow-based MSME lending’
https://www.financialexpress.com/industry/sme/msme-fin-harnessing-gst-in-aa-network-will-encourage-adoption-of-cashflow-based-msme-lending/3120521/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/fe_app
Read: SFURTI Scheme: What is govt’s MSME cluster development scheme and how it benefits artisans
https://www.financialexpress.com/industry/sme/msme-eodb-sfurti-scheme-what-is-govts-msme-cluster-development-scheme-and-how-it-benefits-artisans/3121782/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/fe_app
Section 80P(2) Deduction on Interest Allowed for Co-Op. Societies from Co-Op. Banks
https://taxguru.in/income-tax/section-80p2-deduction-interest-allowed-co-op-societies-co-op-banks.html Section 80P(2) Deduction on Interest Allowed for Co-Op. Societies from Co-Op. Banks https://taxguru.in/income-tax/section-80p2-deduction-interest-allowed-co-op-societies-co-op-banks.html ITAT held that Co-Operative Societies can claim Interest Received from Co-Op.
Undue harassment of genuine MSME online sellers by GST officials ‘not justified’, says industry
Undue harassment of genuine MSME online sellers by GST officials ‘not justified’, says industry https://economictimes.indiatimes.com/small-biz/sme-sector/undue-harassment-of-genuine-msme-online-sellers-by-gst-officials-not-justified-says-industry/articleshow/100868931.cms Download Economic Times App to stay updated with Business News
Who will create more jobs for India: MSMEs or startups?
Who will create more jobs for India: MSMEs or startups? https://economictimes.indiatimes.com/small-biz/sme-sector/who-will-create-more-jobs-for-india-msmes-or-startups/articleshow/100864474.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
Over 100 million diabetes patients in India now. Why?
Over 100 million diabetes patients in India now. Why? https://economictimes.indiatimes.com/news/india/over-100-million-diabetes-patients-in-india-now-why/slideshow/100883830.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
Read: TReDS platform operators welcome RBI’s directive to ease MSME invoice discounting, boost liquidity
https://www.financialexpress.com/industry/sme/msme-fin-treds-platform-operators-welcome-rbis-directive-to-ease-msme-invoice-discounting-boost-liquidity/3118133/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/fe_app
Read: TReDS platform operators welcome RBI’s directive to ease MSME invoice discounting, boost liquidity
https://www.financialexpress.com/industry/sme/msme-fin-treds-platform-operators-welcome-rbis-directive-to-ease-msme-invoice-discounting-boost-liquidity/3118133/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/fe_app
RBI policy: An interest rate cut emerges on the horizon
RBI policy: An interest rate cut emerges on the horizon https://economictimes.indiatimes.com/news/economy/policy/rbi-monetary-policy-an-interest-rate-cut-emerges-on-the-horizon/articleshow/100858467.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21