Day: October 3, 2024
👌👌👌SC gives relief to IT department, but it’s bad news for 90,000 assessees – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/sc-gives-relief-to-it-department-but-its-a-bad-news-for-90000-assessees/article68713650.ece Taxpayers will need to quickly comply with the requirement of notices issued in their cases and complete the proceedings In a big win
Deduction u/s. 80P(2)(d) available to co-op society for funds deposited in co-op banks: ITAT Ahmedabad
Clipped from: https://taxguru.in/income-tax/deduction-u-s-80p-2-d-co-operative-society-funds-deposited-co-operative-banks-itat-ahmedabad.html Sumel 6 Commercial Co-op. Service Society Limited Vs ITO (ITAT Ahmedabad) ITAT Ahmedabad held that co-operative society is entitled for deduction under section
👌👌👌👌👌Challenges faced by taxpayers due to inefficiency by GST department
Clipped from: https://taxguru.in/goods-and-service-tax/challenges-faced-taxpayers-due-inefficiency-gst-department.html Summary: India is positioning itself as a business-friendly destination, but inefficiencies in its tax administration present significant challenges for taxpayers. Despite initiatives like Make
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