https://taxguru.in/income-tax/addition-addition-grounds-re-opening-assessment.html PCIT CENTRAL -1 Vs Naveen Infradevelopers & Engineers Pvt Ltd (Delhi High Court) In PCIT CENTRAL-1 Vs Naveen Infradevelopers & Engineers Pvt Ltd, the Delhi
Day: December 3, 2024
👌👌👌👌👌👌👌Absence of Faceless Assessment Invalidates Section 148 notice: P&H HC
https://taxguru.in/income-tax/absence-faceless-assessment-invalidates-section-148-notice-ph-hc.html Vipin Kumar Gupta Vs ITO (Punjab and Haryana High Court) The Punjab and Haryana High Court, in the case of Vipin Kumar Gupta vs. ITO,
👌👌👌👌👌👌👌Reopening assessment u/s. 147 void-ab-initio as issue already dealt in original assessment
https://taxguru.in/income-tax/reopening-assessment-u-s-147-void-ab-initio-issue-dealt-original-assessment.html DCIT Vs Cadila Pharmaceuticals Limited (ITAT Ahmedabad) ITAT Ahmedabad held that reopening of assessment u/s. 147 on the issue which is already dealt in
👌👌👌India readies various strategies to tackle ‘US first’ trade policy
Clipped from: https://www.business-standard.com/economy/news/india-readies-various-strategies-to-tackle-us-first-trade-policy-124120100262_1.html The government is closely assessing Trump’s election speeches and actions during his previous tenure, the official told Business Standard During his election campaign,
👌👌👌RBI likely to hold rates for 11th straight time: Business Standard poll
Clipped from: https://www.business-standard.com/finance/news/rbi-likely-to-hold-rates-for-11th-straight-time-business-standard-poll-124120100548_1.html May cut cash reserve ratio, lower growth and inflation projections Listen to This Article Notwithstanding gross domestic product (GDP) growth plunging to 5.4
‘Har Ghar Lakhpati’: State Bank of India’s new mantra for deposit accretion
Clipped from: https://www.business-standard.com/industry/banking/har-ghar-lakhpati-sbi-s-new-deposit-mantra-124120100374_1.html Country’s largest lender ups the ante for resources with two new schemes set to launch this month At a time when banks are
👌👌👌👌👌Govt to take steps for better GDP growth in H2FY25: DEA Secretary | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/action-underway-to-ensure-stronger-gdp-growth-in-h2fy25-dea-secretary-124120200950_1.html The government is expected to push capital expenditure (capex), which has reached only 42 per cent of the full-year FY25 target by the
Windfall tax on domestic oil, fuel exports scrapped with immediate effect | Economy & Policy News – Business Standard
lipped from: https://www.business-standard.com/economy/news/windfall-tax-on-domestic-crude-fuel-exports-scrapped-after-29-months-124120200876_1.html No major revenue impact, say experts Listen to This Article The Centre on Monday scrapped the windfall tax on domestically produced crude oil,
Block deal activity hits 6-month low at Rs 25,669 crore as markets wobble
Clipped from: https://www.business-standard.com/markets/news/block-deal-activity-hits-6-month-low-at-rs-25-669-crore-as-markets-wobble-124120200762_1.html Relentless selling by FPIs, disappointing earnings growth during the second quarter, and a rising US dollar have taken the wind out of the
PSBs at only 42% of FY25 MUDRA disbursement target by October-end
Clipped from: https://www.business-standard.com/industry/banking/psbs-at-only-42-of-fy25-mudra-disbursement-target-by-october-end-124120200806_1.html As of October 25, MUDRA loans amounting to Rs 28,511 crore or 12.4 per cent of the annual target for PSBs, is still
👌👌👌👌👌RBI monetary policy: ‘Prioritise liquidity support over rate action’ | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/rbi-monetary-policy-prioritise-liquidity-support-over-rate-action-124120300003_1.html With the shockingly low Q2 GDP growth of 5.4 per cent year-on-year (Y-o-Y) last week, growth during the first half of 2024-25 stands
Corporation tax paid by listed companies at 4-year low in Q2 FY25
Clipped from: https://www.business-standard.com/economy/news/corporation-tax-paid-by-listed-companies-at-4-year-low-in-q2-fy25-124120201053_1.html Tax payment by listed companies was down 7 per cent year-on-year (Y-o-Y) in Q2FY25, their worst showing in the last four years and
👌👌👌👌👌Tweaks on cards for PM internship plan: Age, educational criteria may ease | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/tweaks-on-cards-for-pm-internship-plan-age-educational-criteria-may-ease-124120201016_1.html Move may be aimed at attracting more applicants Illustration: Ajay Mohanty The government may tweak the Prime Minister (PM) Internship Scheme to attract
👌👌👌👌👌India’s potential GDP growth is in range of 6.5-7%, says CEA Nageswaran | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/india-s-potential-gdp-growth-is-in-range-of-6-5-7-says-cea-nageswaran-124120200525_1.html Economic Survey projected India’s GDP to grow at 6.5-7 per cent in 2024-25, down from a high of 8.2 per cent in the
👌👌👌👌👌Stymied by fierce competition, manufacturing PMI slips to 56.5 in Nov | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/stymied-by-fierce-competition-manufacturing-pmi-slips-to-56-5-in-nov-124120200261_1.html The rate of expansion is second-weakest in 11 months, the figure stood at 56.5 in January On the inflation front, the survey notes
Top Indian cities report about 1 million unsold housing units: Study | News – Business Standard
Clipped from: https://www.business-standard.com/industry/news/top-indian-cities-report-about-1-million-unsold-housing-units-study-124120200871_1.html Photo: Shutterstock Listen to This Article The top eight Indian cities have reported high inventory levels, with about 1 million unsold housing units