https://taxguru.in/income-tax/provisions-income-tax-act-micro-small-enterprise.html Clipped from: https://taxguru.in/income-tax/provisions-income-tax-act-micro-small-enterprise.html Introduction: The Micro, Small, and Medium Enterprise (MSME) sector plays a crucial role in India’s economic landscape. This article delves into the recent
Month: March 2024
👍👍👍E-way bill generated between detention & seizure of goods, Without Cogent Nexus to Intention to Evade Tax, Is Fallacious
https://taxguru.in/goods-and-service-tax/e-way-bill-generated-detention-seizure-goods-cogent-nexus-intention-evade-tax-fallacious.html Clipped from: https://taxguru.in/goods-and-service-tax/e-way-bill-generated-detention-seizure-goods-cogent-nexus-intention-evade-tax-fallacious.html E-way bill generated between detention and seizure of goods, Without Cogent Nexus to Intention to Evade Tax, Is Fallacious Introduction Mere technical
👍👍👍Personal Hearing Mandatory for Adverse Orders under GST: Bombay HC
https://taxguru.in/goods-and-service-tax/personal-hearing-mandatory-adverse-orders-gst-bombay-hc.html Clipped from: https://taxguru.in/goods-and-service-tax/personal-hearing-mandatory-adverse-orders-gst-bombay-hc.html Mauli Sai Developers Private Limited Vs Union of India (Bombay High Court) In a landmark judgment, the Bombay High Court in the
👍👍👍CESTAT Weekly Round-Up
Clipped from: https://www.taxscan.in/cestat-weekly-round-up-91/373576/ This weekly round-up analytically summarizes the key stories of the Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) reported at taxscan.in,
👍👍👍TDS Deducted but Income Tax Return not Filed? Expect an Income Tax Notice Soon, hints CBDT Chairman Nitin Gupta
Clipped from: https://www.taxscan.in/tds-deducted-but-income-tax-return-not-filed-expect-an-income-tax-notice-soon-hints-cbdt-chairman-nitin-gupta/373751/ The Central Board of Direct Taxes ( CBDT ), under the leadership of Chairman Nitin Gupta, is gearing up to issue notices to around 15
👍👍👍👍👍E-way bill downloaded before seizure & tax was charged then seizure & penalty unjustified
https://taxguru.in/goods-and-service-tax/e-way-bill-downloaded-seizure-tax-was-charged-seizure-penalty-unjustified.html Clipped from: https://taxguru.in/goods-and-service-tax/e-way-bill-downloaded-seizure-tax-was-charged-seizure-penalty-unjustified.html Century Rayon Vs Union of India and 3 Others (Allahabad High Court) Introduction: In a recent legal showdown, Centaury Rayon emerged victorious in
👍👍👍👍👍Unsigned GST Order Deemed Illegal: AP HC Rules Out Recourse to Sections 160, 169
https://taxguru.in/goods-and-service-tax/unsigned-gst-order-deemed-illegal-ap-hc-rules-out-recourse-sections-160-169.html Clipped from: https://taxguru.in/goods-and-service-tax/unsigned-gst-order-deemed-illegal-ap-hc-rules-out-recourse-sections-160-169.html A. V. Bhanoji Row Vs. Assistant Commissioner (ST) (Andhra Pradesh High Court) In a landmark judgment, the Andhra Pradesh High Court has
👍👍👍👍👍No Service Tax on Cutting Plates/Coils Job-Work: Considered as Manufacturing
https://taxguru.in/service-tax/service-tax-cutting-plates-coils-job-work-considered-manufacturing.html Clipped from: https://taxguru.in/service-tax/service-tax-cutting-plates-coils-job-work-considered-manufacturing.html R.S.D. Steel Industries Vs Commissioner of CGST & Central Excise (CESTAT Chandigarh) n a significant ruling, the Customs, Excise and Service Tax
Not paid tax according to specific financial transaction, do so by March 15, says IT Department – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/not-paid-tax-according-to-specific-financial-transaction-do-so-by-march-15-says-it-department/article67935105.ece Clipped from: https://www.thehindubusinessline.com/economy/not-paid-tax-according-to-specific-financial-transaction-do-so-by-march-15-says-it-department/article67935105.ece Income Tax Department warns of tax-payment mismatch, urges taxpayers to pay advance tax by March 15; Direct tax collection surges The Income
Banks’ lending rate hit 46-month high in Jan; for fresh deposits in Aug | Finance News – Business Standard
https://www.business-standard.com/finance/news/banks-lending-rate-hit-46-month-high-in-jan-for-fresh-deposits-in-aug-124030800732_1.html Clipped from: https://www.business-standard.com/finance/news/banks-lending-rate-hit-46-month-high-in-jan-for-fresh-deposits-in-aug-124030800732_1.html The weighted average lending rate by scheduled commercial banks on fresh loans increased to 9.45 per cent in January 2024 compared to
Tata Sons’ net debt burden at eight-year low as cash reserves swell | Company News – Business Standard
https://www.business-standard.com/companies/news/tata-sons-net-debt-declines-to-eight-year-low-to-rs-5-656-crore-124030800750_1.html Clipped from: https://www.business-standard.com/companies/news/tata-sons-net-debt-declines-to-eight-year-low-to-rs-5-656-crore-124030800750_1.html This comes amid group’s bet on semiconductor, EV battery biz Listen to This Article Tata Sons Private Limited, the holding company of
India-EFTA trade deal to bring in $100 billion investment in 15 years | Economy & Policy News – Business Standard
https://www.business-standard.com/economy/news/india-efta-trade-deal-to-bring-in-100-billion-investment-in-15-years-124030900005_1.html Clipped from: https://www.business-standard.com/economy/news/india-efta-trade-deal-to-bring-in-100-billion-investment-in-15-years-124030900005_1.html The investment will be linked to the creation of one million jobs in India Listen to This Article Investment worth $100 billion
Nearly 75% of women-led startups still unfunded, says Tracxn report | Start Ups – Business Standard
https://www.business-standard.com/companies/start-ups/india-home-to-over-8-000-women-led-startups-6-000-still-unfunded-124030800515_1.html lipped from: https://www.business-standard.com/companies/start-ups/india-home-to-over-8-000-women-led-startups-6-000-still-unfunded-124030800515_1.html There are currently 117,254 startups in the country, according to data from the Department for Promotion of Industry and Internal Trade Listen
MSMEs need to be future ready, foster development, says CII president | SME – Business Standard
https://www.business-standard.com/industry/sme/msmes-need-to-be-future-ready-foster-development-says-cii-president-124030900567_1.html Clipped from: https://www.business-standard.com/industry/sme/msmes-need-to-be-future-ready-foster-development-says-cii-president-124030900567_1.html CII conference highlights MSMEs’ future readiness and role in eastern region’s development The CII is looking to create different training centres. On
👍👍👍👍👍👍👍Office of the RBI Ombudsman [ Mumbai II ] on Security
Raju and 40 thieves–RBI booklet
👍👍👍👍👍Key Information for Investors
Key Information for Investors Investor Grievance Redressal Mechanism 1. SEBI Master Circular on the redressal of investor grievances through the SEBI Complaints Redress System (SCORES) platform
👍👍👍👍👍Women empowerment vis a vis MSMEs
Invest in Women, Accelerate progress It is abundantly clear that if economies, nations, neighborhoods, and communities wish to thrive, financial services providers must focus
India-UK trade talks set to end with key issues unresolved – The Hindu BusinessLine
https://www.thehindubusinessline.com/news/world/india-uk-trade-talks-set-to-end-with-key-issues-unresolved/article67931623.ece Clipped from: https://www.thehindubusinessline.com/news/world/india-uk-trade-talks-set-to-end-with-key-issues-unresolved/article67931623.ece Indian negotiators don’t have sufficient time to engage on the pending issues ahead of elections likely in April, say sources The latest
Tax Query: Withdrawal of Interest Amount from Capital Gains Deposit – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-withdrawal-of-interest-amount-from-capital-gains-deposit/article67924477.ece Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-withdrawal-of-interest-amount-from-capital-gains-deposit/article67924477.ece Withdrawal of interest portion for personal expenses would be considered premature withdrawal, leading to taxing the capital gains in the year of