Month: June 2023
👍👍👍👍👍👍👍Order u/s 148A(d) of Income Tax Act is not final Assessment Order, no Income Tax Demand arises: Calcutta HC
Read More: https://www.taxscan.in/order-u-s-148ad-of-income-tax-act-is-not-final-assessment-order-no-income-tax-demand-arises-calcutta-hc/289299/ Clipped from: https://www.taxscan.in/order-u-s-148ad-of-income-tax-act-is-not-final-assessment-order-no-income-tax-demand-arises-calcutta-hc/289299/ The Calcutta High Court in a recent decision observed that the order under Section 148A(d) of the Income Tax Act, 1961 is
Show Cause Notice to Wrong Address Violates Natural Justice Principle
https://taxguru.in/service-tax/show-cause-notice-wrong-address-violates-natural-justice-principle.html Clipped from: https://taxguru.in/service-tax/show-cause-notice-wrong-address-violates-natural-justice-principle.html M. Pandidurai Vs Commissioner of GST & Central Excise (CESTAT Chennai) Introduction: In the recently concluded case of M. Pandidurai Vs Commissioner of
Assessing Officer Cannot Withdraw or Modify or Substitute Assessment Order Passed u/s 143(3) with another Assessment Order: ITAT
Clipped from: https://www.taxscan.in/assessing-officer-cannot-withdraw-or-modify-or-substitute-assessment-order-passed-u-s-1433-with-another-assessment-order-itat/291046/ The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that the Assessing Officer (AO) could not withdraw or modify or substitute assessment order
Mistake Apparent from Record U/s 254(2) of Income Tax Act could be corrected by Tribunal: ITAT allows Rectification Application
Clipped from: https://www.taxscan.in/mistake-apparent-from-record-u-s-2542-of-income-tax-act-could-be-corrected-by-tribunal-itat-allows-rectification-application/290934/ The Raipur bench of the Income Tax Appellate Tribunal (ITAT) held that the mistakes that are apparent from the records under Section 254(2) of
UPI needs more than just monetising opportunities
UPI needs more than just monetising opportunities: https://www.thehindubusinessline.com/opinion/upi-needs-more-than-just-monetising-opportunities/article66998525.ece
The ongoing ‘retail-shift’ by banks may not be structural: RBI Bulletin
The ongoing ‘retail-shift’ by banks may not be structural: RBI Bulletin: https://www.thehindubusinessline.com/money-and-banking/the-ongoing-retail-shift-by-banks-may-not-be-structural-rbi-bulletin/article67004662.ece
Taxpayers not opting for new I-T regime must fill Form 10-IEA
Taxpayers not opting for new I-T regime must fill Form 10-IEA: https://www.thehindubusinessline.com/economy/taxpayers-not-opting-for-new-i-t-regime-must-fill-form-10-iea/article66997593.ece
PLI Scheme: Govt may consider lowering eligibility norms to push manufacturing in Tier-2 and Tier-3 cities
PLI Scheme: Govt may consider lowering eligibility norms to push manufacturing in Tier-2 and Tier-3 cities: https://www.thehindubusinessline.com/economy/pli-review-govt-may-consider-the-option-of-lower-eligibility-criteria-for-tier-2-and-tier-3-cities/article66998051.ece
Co-lending could be 5-8% of our book: DCB Bank CEO
Co-lending could be 5-8% of our book: DCB Bank CEO: https://www.thehindubusinessline.com/specials/co-lending-could-be-5-8-of-our-book-dcb-bank-ceo/article66979656.ece