https://www.thehindubusinessline.com/money-and-banking/finance-ministry-explores-amendments-in-sarfaesi-and-drt-acts-for-swift-debt-recovery/article67860189.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/finance-ministry-explores-amendments-in-sarfaesi-and-drt-acts-for-swift-debt-recovery/article67860189.ece Banks have been directed to ensure the presence of their officers at all the hearings of their respective cases before judicial forums
Day: February 18, 2024
👌👌👌👌👌👌👌Section 80P Deduction not eligible on FDR Interest from Bank of Baroda: ITAT Ahmedabad
https://taxguru.in/income-tax/section-80p-deduction-eligible-fdr-interest-bank-of-baroda-itat-ahmedabad.html Clipped from: https://taxguru.in/income-tax/section-80p-deduction-eligible-fdr-interest-bank-of-baroda-itat-ahmedabad.html Matar Taluka Local Board Teachers Co-operative Credit Society Ltd. Vs DCIT (ITAT Ahmedabad) Introduction: In a significant ruling by the Income Tax Appellate
👌👌👌👌👌👌👌Service Tax demand merely on Form 26AS Not Sustainable: CESTAT Kolkata
https://taxguru.in/service-tax/service-tax-demand-based-form-26as-sustainable-cestat-kolkata.html Clipped from: https://taxguru.in/service-tax/service-tax-demand-based-form-26as-sustainable-cestat-kolkata.html Rishu Enterprise Vs Commissioner of CGST & Excise (CESTAT Kolkata) Introduction: The case of Rishu Enterprise vs. Commissioner of CGST & Excise, heard
GST compliance for E-commerce operators and sellers
https://taxguru.in/goods-and-service-tax/gst-compliance-e-commerce-operators-sellers.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-compliance-e-commerce-operators-sellers.html Introduction: In the rapidly evolving landscape of e-commerce, adherence to Goods and Services Tax (GST) regulations is paramount. Recent amendments, particularly regarding composite
GST registration cannot be cancelled with retrospective effect mechanically
https://taxguru.in/goods-and-service-tax/gst-registration-cancelled-retrospective-effect-mechanically.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-registration-cancelled-retrospective-effect-mechanically.html Trading Co. Proprietorship of Mr. Rajendra Kumar Bothra Through Legal Heir Sh. Mudit Bothra Vs Commissioner of Delhi Goods And Services Tax
Limitation Act Applicability in GST Appeals: Calcutta HC Ruling
https://taxguru.in/goods-and-service-tax/limitation-act-applicability-gst-appeals-calcutta-hc.html Clipped from: https://taxguru.in/goods-and-service-tax/limitation-act-applicability-gst-appeals-calcutta-hc.html S.K. Chakraborty & Sons Vs Union of India & Ors. (Calcutta High Court) Introduction: The Calcutta High Court recently addressed the applicability of
IBBI Announces Key Amendments to Corporate Insolvency Resolution Process Regulations
https://taxguru.in/corporate-law/ibbi-amends-corporate-insolvency-regulations-2024.html Clipped from: https://taxguru.in/corporate-law/ibbi-amends-corporate-insolvency-regulations-2024.html The Insolvency and Bankruptcy Board of India (IBBI) has recently introduced significant amendments to the Insolvency and Bankruptcy Board of India (Insolvency Resolution
Non-Acceptance of Goods Doesn’t Constitute Operational Debt under IBC: NCLT
https://taxguru.in/corporate-law/non-acceptance-goods-constitute-operational-debt-ibc-nclt.html Clipped from: https://taxguru.in/corporate-law/non-acceptance-goods-constitute-operational-debt-ibc-nclt.html Adishank Chemicals Pvt. Ltd. Vs Baerlocher India Additives Pvt. Ltd. (NCLT Mumbai) In a recent judgment, the National Company Law Tribunal (NCLT),
GST E-Way Bill Expired Due To Accident: Calcutta HC Quashes Penalty under West Bengal GST Act
Clipped from: https://www.taxscan.in/gst-e-way-bill-expired-due-to-accident-calcutta-hc-quashes-penalty-under-west-bengal-gst-act-read-order/374621/ The Calcutta High Court quashed the penalty under the West Bengal Goods and Service Tax ( WBGST) Act,2017. The GST e-way bill expired due to
SC verdict on electoral bonds: A misjudgment for Indian democracy | The Indian Express
lipped from: https://indianexpress.com/article/columns/sc-electoral-bonds-verdict-political-funding-bjp-9165672/ It derails reform and is a testament to the judiciary’s unwavering independence The anonymity provided by electoral bonds has been a point of
👌👌👌The cost of legal MSP is greatly exaggerated | The Indian Express
Clipped from: https://indianexpress.com/article/columns/minimum-support-price-msp-implementation-msp-legal-guarantee-farmer-protest-9165660/ Large figures to the tune of Rs 10-18 lakh crore have been floated as the cost of the guarantee. Most of these assumptions
Why did the Supreme Court invalidate electoral bonds? | Explained – The Hindu
https://www.thehindu.com/news/national/why-did-the-supreme-court-invalidate-electoral-bonds-explained/article67858304.ece Clipped from: https://www.thehindu.com/news/national/why-did-the-supreme-court-invalidate-electoral-bonds-explained/article67858304.ece What were the changes made in existing laws to allow the donor to maintain anonymity? Donor anonymity was the main feature of
👌👌👌E-invoicing to pave the path for India at 100’s economic resilience – SME News | The Financial Express
https://www.financialexpress.com/business/sme-e-invoicing-to-pave-the-path-for-india-at-100s-economic-resilience-3397150 Clipped from: https://www.financialexpress.com/business/sme-e-invoicing-to-pave-the-path-for-india-at-100s-economic-resilience-3397150/ The introduction of e-invoicing under GST clearly shows the government’s commitment to simplifying the tax system while promoting a more digitally inclusive
Union Budget 2024: Propelling real estate growth through holistic development – Budget 2024 News | The Financial Express
https://www.financialexpress.com/budget/union-budget-2024-propelling-real-estate-growth-through-holistic-development-3382740 Clipped from: https://www.financialexpress.com/budget/union-budget-2024-propelling-real-estate-growth-through-holistic-development-3382740/ The Union Budget 2024 lays a solid foundation for holistic development, presenting numerous opportunities for the real estate industry. The government’s emphasis
👌FY25 corporate tax collections may miss Budget Estimate – Economy News | The Financial Express
https://www.financialexpress.com/policy/economy-fy25-corporate-tax-collections-may-miss-budget-estimate-3388487 Clipped from: https://www.financialexpress.com/policy/economy-fy25-corporate-tax-collections-may-miss-budget-estimate-3388487/ According to reports, the count of appeals pending with the income tax department as of March 31, 2023, rose to 516,000 from
Global headwinds: The subsidy numbers in the interim Budget do not fully reflect this difficult context – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/global-headwinds-the-subsidy-numbers-in-the-interim-budgetnbspdo-not-fully-reflect-this-difficult-context/3383107 Clipped from: https://www.financialexpress.com/opinion/global-headwinds-the-subsidy-numbers-in-the-interim-budgetnbspdo-not-fully-reflect-this-difficult-context/3383107/ Exporting one’s way to growth thus will not be easy. The government of course is mindful that the elevated risk of geopolitical
Union Budget 2024: Catalyst for real estate resurgence – Money News | The Financial Express
https://www.financialexpress.com/money/union-budget-2024-catalyst-for-real-estate-resurgence-3383554 Clipped from: https://www.financialexpress.com/money/union-budget-2024-catalyst-for-real-estate-resurgence-3383554/ The Interim Budget’s emphasis on infrastructure development and affordable housing emerges as a beacon of hope for the real estate market. While
Across the aisle by P Chidambaram: Bullhorn economics – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/across-the-aisle-by-p-chidambaram-bullhorn-economics/3390486 lipped from: https://www.financialexpress.com/opinion/across-the-aisle-by-p-chidambaram-bullhorn-economics/3390486/ The NDA government likes to be very loud. This year, while presenting the interim Budget for 2024-25, the Hon’ble Finance Minister (FM)
Across the Aisle by P Chidambaram: All black or white – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/across-the-aisle-by-p-chidambaram-all-black-or-white/3397410 Clipped from: https://www.financialexpress.com/opinion/across-the-aisle-by-p-chidambaram-all-black-or-white/3397410/ One would have expected that a White paper at the end of BJP’s 10-year rule would be on its tenure but, surprisingly,
👌Chicken thali cheaper than veg option in January as per Crisil, find out why? – Economy News | The Financial Express
https://www.financialexpress.com/policy/economy/chicken-thali-cheaper-than-veg-option-in-january-as-per-crisil-find-out-why/3397123 Clipped from: https://www.financialexpress.com/policy/economy/chicken-thali-cheaper-than-veg-option-in-january-as-per-crisil-find-out-why/3397123/ A sharp dip in poultry prices resulted in 13% decline in cost of preparing a Nov-veg thali as per Crisil’s monthly indicator-
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