👍👍👍👍👍👍👍No addition can be made on Immovable Property purchased out of Gifts received from Relatives: ITAT directs Re-adjudication

Clipped from: https://www.taxscan.in/no-addition-can-be-made-on-immovable-property-purchased-out-of-gifts-received-from-relatives-itat-directs-re-adjudication-read-order/296643/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=No%20addition%20can%20be%20made%20on%20Immovable%20Property%20purchased%20out%20of%20Gifts%20received%20from%20Relatives:%20ITAT%20directs%20Re-adjudication By Aparna. M – On July 8, 2023 1:30 pm – 2 mins read The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) ruled that no addition could

Reporting frauds: Don’t get swayed by legal opinion of cos, NFRA cautions auditors – The Hindu BusinessLine

https://www.thehindubusinessline.com/companies/reporting-frauds-dont-get-swayed-by-legal-opinion-of-cos-nfra-cautions-auditors/article67056954.ece Clipped from: https://www.thehindubusinessline.com/companies/reporting-frauds-dont-get-swayed-by-legal-opinion-of-cos-nfra-cautions-auditors/article67056954.ece National Financial Reporting Authority has urged statutory auditors of listed entities and large private entities to exercise “professional scepticism” while evaluating frauds

GST officers bust 304 syndicates involving Rs 25k cr fake ITC claims

https://www.business-standard.com/finance/personal-finance/gst-officers-bust-304-syndicates-involving-rs-25k-cr-fake-itc-claims-123070100411_1.html lipped from: https://www.business-standard.com/finance/personal-finance/gst-officers-bust-304-syndicates-involving-rs-25k-cr-fake-itc-claims-123070100411_1.html The chief of the Central Board of Indirect Taxes and Customs (CBIC) flagged that only 40 per cent of the corporate income

Two lakh ‘unused’ Green Cards to be ‘recaptured’! What exactly is Biden doing? Critical details here | The Financial Express

https://www.financialexpress.com/jobs/two-lakh-unused-green-cards-to-be-recaptured-what-exactly-is-biden-doing-critical-details-here/3161202/ Clipped from: https://www.financialexpress.com/jobs/two-lakh-unused-green-cards-to-be-recaptured-what-exactly-is-biden-doing-critical-details-here/3161202/ The move will provide relief to individuals who have been waiting for their Green Cards in backlogs. For those unaware, a Green

I-T dept has taken many initiatives to ensure ease of compliance: Official

https://www.business-standard.com/finance/personal-finance/i-t-dept-has-taken-many-initiatives-to-ensure-ease-of-compliance-official-123070800042_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/i-t-dept-has-taken-many-initiatives-to-ensure-ease-of-compliance-official-123070800042_1.html Principal Chief Commissioner of Income Tax, Andhra Pradesh and Telangana, Mita Madhusmita was addressing a press conference on the ‘Issue of Suspicious