Employees’ payment for canteen services will not attract GST: AAR

https://www.business-standard.com/finance/news/employees-payment-for-canteen-services-will-not-attract-gst-aar-124011800312_1.html Clipped from: https://www.business-standard.com/finance/news/employees-payment-for-canteen-services-will-not-attract-gst-aar-124011800312_1.html GST and input tax credit applicable for company’s payment to canteen service provider not recovered from employees However, ITC is restricted to

India must sustain growth momentum, secure at least 7% growth in FY25: RBI

https://www.business-standard.com/economy/news/india-must-sustain-growth-momentum-secure-at-least-7-growth-in-fy25-rbi-124011800740_1.html Clipped from: https://www.business-standard.com/economy/news/india-must-sustain-growth-momentum-secure-at-least-7-growth-in-fy25-rbi-124011800740_1.html “In India, potential output is picking up with actual output running above it, although the gap is moderate,” the RBI said in

Flows into NRI deposits double to $7.3 bn in April-November 2023

https://www.business-standard.com/economy/news/flows-into-nri-deposits-double-to-7-3-bn-in-april-november-2023-124011800904_1.html Clipped from: https://www.business-standard.com/economy/news/flows-into-nri-deposits-double-to-7-3-bn-in-april-november-2023-124011800904_1.html Non-Resident External (NRE) deposits stood at $96.79 billion in November 2023, sequentially up from $96.56 billion in October and $95.31 billion in

AO’s Addition Unsustainable Without Incriminating Material from Relevant Search: Delhi HC

https://taxguru.in/income-tax/addition-u-s-69-valid-incriminating-evidencedelhi-hc-upholds-itats-order-deleting-addition.html Clipped from: https://taxguru.in/income-tax/addition-u-s-69-valid-incriminating-evidencedelhi-hc-upholds-itats-order-deleting-addition.html PCIT (Central) Vs Sanjay Singhal (Delhi High Court) Introduction: The recent case of PCIT (Central) vs. Sanjay Singhal before the Delhi High Court