Month: June 2023
Impressive growth, but will it sustain?
https://www.financialexpress.com/opinion/impressive-growth-but-will-it-sustain/3109560/ Clipped from: https://www.financialexpress.com/opinion/impressive-growth-but-will-it-sustain/3109560/ The growth in FY24 will very likely be lower than FY23’s level as the opportunities from the opening of the economy have
Processes of converting Green Tea into Black Tea does not alter Basic Characteristic: CESTAT sets aside Service Tax Demand
Read More: https://www.taxscan.in/processes-of-converting-green-tea-into-black-tea-does-not-alter-basic-characteristic-cestat-sets-aside-service-tax-demand/283427/ Clipped from: https://www.taxscan.in/processes-of-converting-green-tea-into-black-tea-does-not-alter-basic-characteristic-cestat-sets-aside-service-tax-demand/283427/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Processes%20of%20converting%20Green%20Tea%20into%20Black%20Tea%20does%20not%20alter%20Basic%20Characteristic:%20CESTAT%20set%20aside%20Service%20Tax%20Demand The Chennai bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has held that the processes of converting green tea into
Banks deploy Rs 15.80 lakh crore credit to micro, small enterprises in April: RBI report
https://www.financialexpress.com/industry/sme/msme-fin-banks-deploy-rs-15-80-lakh-crore-credit-to-micro-small-enterprises-in-april-rbi-report/3109449/ Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-banks-deploy-rs-15-80-lakh-crore-credit-to-micro-small-enterprises-in-april-rbi-report/3109449/ Credit and finance for MSMEs: Overall, bank credit to the MSME sector under priority loans in April 2023 stood at Rs 19.84 lakh
Pace of credit to MSMEs moderates in April: Reserve Bank of India
https://www.business-standard.com/industry/sme/pace-of-credit-to-medium-and-smes-moderates-in-april-reserve-bank-123053101030_1.html Clipped from: https://www.business-standard.com/industry/sme/pace-of-credit-to-medium-and-smes-moderates-in-april-reserve-bank-123053101030_1.html The housing segment showed a steady growth at 14.3 per cent in April 2023 against 13.7 per cent, RBI said Listen to
Top 5 latest WhatsApp features
https://www.thehindubusinessline.com/info-tech/top-5-latest-whatsapp-features/article66920007.ece Clipped from: https://www.thehindubusinessline.com/info-tech/top-5-latest-whatsapp-features/article66920007.ece WhatsApp on a roll-out spree WhatsApp rolls out new updates and features now and then to enhance user experience and make it
CREDAI urges Centre to remove GST on flats given free of cost in redevelopment projects
https://www.thehindubusinessline.com/news/real-estate/credai-urges-centre-to-remove-gst-on-flats-given-free-of-cost-in-redevelopment-projects/article66920279.ece Clipped from: https://www.thehindubusinessline.com/news/real-estate/credai-urges-centre-to-remove-gst-on-flats-given-free-of-cost-in-redevelopment-projects/article66920279.ece A delegation from CREDAI and CREDAI-MCHI has met Union Finance Minister Nirmala Sitharaman and made a formal representation in this regard Realtors’
NPAs linked to trade credit crisis
https://www.thehindubusinessline.com/opinion/npas-linked-to-trade-credit-crisis/article66920622.ece Clipped from: https://www.thehindubusinessline.com/opinion/npas-linked-to-trade-credit-crisis/article66920622.ece The RBI and banks need to factor in problems in circulation of working capital finance, when they seek to nip NPAs in
Time to unravel final beneficiaries in shady FPIs
https://www.thehindubusinessline.com/opinion/editorial/editorial-time-to-unravel-final-beneficiaries-in-shady-fpis/article66920880.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/editorial-time-to-unravel-final-beneficiaries-in-shady-fpis/article66920880.ece SEBI is proposing to plug all the loopholes by stating that it will use the ‘look through’ principle to identify the ultimate
How to Approach GST Notices and Show Cause Notices
Read more at: https://taxguru.in/goods-and-service-tax/approach-gst-notices-show-cause-notices.htmlCopyright © Taxguru.in https://taxguru.in/goods-and-service-tax/approach-gst-notices-show-cause-notices.html Clipped from: https://taxguru.in/goods-and-service-tax/approach-gst-notices-show-cause-notices.html Receiving a notice under the Goods and Services Tax (GST) regime can be a daunting experience for
Reassessment merely based on information received from investigation wing is bad in law
Read more at: https://taxguru.in/income-tax/reassessment-based-information-received-investigation-wing-bad-law.htmlCopyright © Taxguru.in https://taxguru.in/income-tax/reassessment-based-information-received-investigation-wing-bad-law.html Clipped from: https://taxguru.in/income-tax/reassessment-based-information-received-investigation-wing-bad-law.html AmritBrakewell Products Vs ITO (ITAT Delhi) ITAT Delhi held that reopening of assessment proceedings merely on the
SVLDRS Scheme Applicable to Taxpayers against whom Investigation by Service Tax Dept is pending: Delhi HC
Read More: https://www.taxscan.in/svldrs-scheme-applicable-to-taxpayers-against-whom-investigation-by-service-tax-dept-is-pending-delhi-hc/280855/ Clipped from: https://www.taxscan.in/svldrs-scheme-applicable-to-taxpayers-against-whom-investigation-by-service-tax-dept-is-pending-delhi-hc/280855/ The Delhi High Court recently held that the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 (SVLDRS) is applicable to taxpayers against
👍👍👍👍👍Deduction u/s 80P(2)(a)(i)/ 80P(2)(d) not available on common interest earned from investment in co-operative banks
Read more at: https://taxguru.in/income-tax/deduction-u-s-80p-2-a-i-80p-2-d-common-interest-earned-investment-co-operative-banks.htmlCopyright © Taxguru.in https://taxguru.in/income-tax/deduction-u-s-80p-2-a-i-80p-2-d-common-interest-earned-investment-co-operative-banks.html Clipped from: https://taxguru.in/income-tax/deduction-u-s-80p-2-a-i-80p-2-d-common-interest-earned-investment-co-operative-banks.html Sangam Coop. Credit Society Ltd. Vs Assessing Officer (ITAT Bangalore) ITAT Bangalore held that common interest earned
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