https://taxguru.in/corporate-law/interplay-mediation-insolvency-bankruptcy.html Clipped from: https://taxguru.in/corporate-law/interplay-mediation-insolvency-bankruptcy.html Introduction The worlds of business and finance frequently cross over between mediation, insolvency, and bankruptcy, which are three separate legal processes. Whereas
Day: September 27, 2023
👍👍👍👍👍Superintendent of Central Tax should take Independent Decision without Influence of Direction by DGGI for Cancellation of GST Registration: Kerala HC
Clipped from: https://www.taxscan.in/superintendent-of-central-tax-should-take-independent-decision-without-influence-of-direction-by-dggi-for-cancellation-of-gst-registration-kerala-hc/325202/ In a significant ruling the Kerala High Court observed that the Superintendent of Central Tax should take an independent decision without the influence
👍👍👍👍👍Angel tax: FinMin notifies valuation methods and guidelines for investors – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/finance-ministrys-new-angel-tax-rules-valuation-methods-and-guidelines-for-investors-notified/article67347316.ece Clipped from: https://www.thehindubusinessline.com/economy/finance-ministrys-new-angel-tax-rules-valuation-methods-and-guidelines-for-investors-notified/article67347316.ece The angel tax, set at 30.6%, applies when unlisted companies issue shares at a price higher than their fair market value The
A👍👍👍👍👍lmost half of cyber crime cases since 2020 have been linked to UPI – The Hindu BusinessLine
https://www.thehindubusinessline.com/data-stories/data-focus/almost-half-of-cyber-crime-cases-since-2020-have-been-linked-to-upi/article67348520.ece Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/almost-half-of-cyber-crime-cases-since-2020-have-been-linked-to-upi/article67348520.ece The report titled ‘A deep dive into cybercrimes trends impacting India’ shows that from Jan 2020 to June 2023, almost half (47.25
Broking industry’s race to the top: Groww poised to pip Zerodha, but…
https://www.business-standard.com/industry/news/broking-industry-s-race-to-the-top-groww-poised-to-pip-zerodha-but-123092600427_1.html Clipped from: https://www.business-standard.com/industry/news/broking-industry-s-race-to-the-top-groww-poised-to-pip-zerodha-but-123092600427_1.html Groww set to become number one in active investors, but Zerodha remains most profitable Since FY22, while Zerodha’s growth has remained flat,
👍👍👍👍👍Mutual Fund: Avoid inheritance hassles for your heirs by appointing a nominee
https://www.business-standard.com/finance/personal-finance/avoid-inheritance-hassles-for-heirs-by-appointing-a-nominee-123092600997_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/avoid-inheritance-hassles-for-heirs-by-appointing-a-nominee-123092600997_1.html Avoid inheritance hassles for heirs, appoint a nominee Mutual fund unit holders have until September 30, 2023, to either appoint a nominee
Now, a direct shipping connection between Chennai and China – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/logistics/now-a-direct-shipping-connection-between-chennai-and-china/article67348373.ece Clipped from: https://www.thehindubusinessline.com/economy/logistics/now-a-direct-shipping-connection-between-chennai-and-china/article67348373.ece DP World Chennai recently hosted inaugural call for Far East India Express (FIX1) service A direct container shipping connection will be available
👍👍👍👍👍👍👍Tax benefits on Rent Free Accommodations: Know the Recent Income Tax Changes
Clipped from: https://www.taxscan.in/tax-benefits-on-rent-free-accommodations-know-the-recent-income-tax-changes/324874/ By Ipsita Das – On September 26, 2023 7:00 pm – 3 mins read The term “accommodation” refers to a location or area where people reside. It
👍👍👍👍👍👍👍Calculation Sheets not proof to Assume Collection of Service Tax: CESTAT quashes Service Tax demand
Clipped from: https://www.taxscan.in/calculation-sheets-not-proof-to-assume-collection-of-service-tax-cestat-quashes-service-tax-demand/324775/ The Chandigarh Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), quashed service tax demand on Construction Services and observed that calculation sheets
👍👍👍👍👍👍👍Mere Non-disclosure of Receipts in Service Tax Return does not mean Intent to Evade Payment of Service Tax: CESTAT
Clipped from: https://www.taxscan.in/mere-non-disclosure-of-receipts-in-service-tax-return-does-not-mean-intent-to-evade-payment-of-service-tax-cestat/324778/ The New Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), observed that mere non-disclosure of receipts in service tax return does
Delayed Payment of TCS and GST is not “Penalty”, Allowable as Deduction u/s 37 of Income Tax Act: ITAT
Clipped from: https://www.taxscan.in/delayed-payment-of-tcs-and-gst-is-not-penalty-allowable-as-deduction-u-s-37-of-income-tax-act-itat/324694/ The Jaipur bench of the Income Tax Appellate Tribunal (ITAT) held that delayed payment of Tax collection at source (TCS) and Goods and Services Tax (GST) is