Clipped from: https://www.thehindubusinessline.com/opinion/gstat-must-be-operationalised-quickly/article69541267.ece Delay in constituting GST Appellate Tribunal has created legal uncertainty, administrative burdens, and economic distortions The absence of an operational GSTAT has created
Day: May 5, 2025
Capex blues – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/capex-blues/article69540681.ece NSO’s first private capex survey paints grim picture Private capex has been tepid in the last four years | Photo Credit: Lim Weixiang
ITAT Bar body flags high pendency of income tax cases at Delhi benches | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/itat-bar-body-flags-high-pendency-of-income-tax-cases-at-delhi-benches-125050501124_1.html The Bar association claimed that Delhi has the “highest pendency” of cases among ITAT Benches, many involving complex legal issues and high revenue
*******ITR-3 form simplified for AY 2025-26: Taxpayers with business income, capital gains split must note new rules – ITR 3 form simplified for AY 2025 26: Taxpayers with business income, capital gains split must note new rules BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/itr-3-form-simplified-for-ay-2025-26-taxpayers-with-business-income-capital-gains-split-must-note-new-rules-474550-2025-05-02 A key update in the ITR-3 form is a new schedule for reporting capital gains, allowing taxpayers to separately disclose gains accrued before
I-T dept seeks to settle Rs 10 lakh crore disputes in FY26 at first-appeal forum – Income Tax News | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax-i-t-dept-seeks-to-settle-rs-10-lakh-crore-disputes-in-fy26-at-first-appeal-forum-3833602/?ref=hometop_hp The I-T department aims to resolve over 2 lakh appeals involving Rs 10 lakh crore in FY26 to boost tax receipts and ease
*****Assessee Proves Loan Repayment & Discharges Section 68 Onus – ITAT deletes addition
Clipped from: https://taxguru.in/income-tax/assessee-proves-loan-repayment-discharges-section-68-onus-itat-deletes-addition.html Wow Entertainment and Media Private Limited Vs ACIT (ITAT Mumbai) The Income Tax Appellate Tribunal (ITAT) Mumbai heard an appeal by Wow Entertainment
*****Assessment without Section 143(2) notice is unsustainable: ITAT Kolkata
Clipped from: https://taxguru.in/income-tax/assessment-section-1432-notice-unsustainable-itat-kolkata.html Sandip Kumar Keshari Vs ITO (ITAT Kolkata) The Income Tax Appellate Tribunal (ITAT) Kolkata addressed the appeal of Sandip Kumar Keshari against the
*******How Small Businesses can Optimize Tax Benefits under Income Tax Act 1961
Clipped from: https://taxguru.in/income-tax/small-businesses-optimize-tax-benefits-income-tax-act-1961.html In India, small businesses form the backbone of the economy, contributing significantly to GDP and employment. However, many small business owners often miss
Change of opinion on scrutinised issue: SC quashes Reopening Notice
Clipped from: https://taxguru.in/income-tax/change-opinion-scrutinised-issue-sc-quashes-reopening-notice.html ACIT Vs Marico Ltd. (Supreme Court of India) Supreme Court of India has upheld a High Court decision that set aside a notice
Too many episodes of financial mismanagement: Where does the buck stop?
Clipped from: https://www.business-standard.com/opinion/columns/too-many-episodes-of-financial-mismanagement-where-does-the-buck-stop-125050400424_1.html Should the resignation of senior bankers on moral grounds draw the curtains on mismanagement and accounting discrepancies? RBI Governor Sanjay Malhotra says such
*****ITR-3 form simplified for AY 2025-26: Taxpayers with business income, capital gains split must note new rules – ITR 3 form simplified for AY 2025 26: Taxpayers with business income, capital gains split must note new rules BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/itr-3-form-simplified-for-ay-2025-26-taxpayers-with-business-income-capital-gains-split-must-note-new-rules-474550-2025-05-02 A key update in the ITR-3 form is a new schedule for reporting capital gains, allowing taxpayers to separately disclose gains accrued before
*****New ITR-5 form is here: Capital gains, buyback loss and TDS rule changes explained – New ITR 5 form is here: Capital gains, buyback loss and TDS rule changes explained BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/new-itr-5-form-is-here-capital-gains-buyback-loss-and-tds-rule-changes-explained-474589-2025-05-03 You’ll now need to specify the exact section under which TDS was deducted (like 194A for interest, 194C for contracts). The new ITR-5
***कसा ‘सूर्य’ अंधाराच्या…[ सर्व सौर ऊर्जा उत्सुकांनी गेल्या आठवड्यात स्पेन, पोर्तुगाल आणि फ्रान्सच्या काही भागांत काय झाले, याचा अभ्यास करायला हवा ]
Clipped from: https://www.loksatta.com/sampadkiya/editorial/solar-power-sector-business-energy-problem-solutions-spain-portugal-france-electricity-supply-ssb-93-5067708/ सर्व सौर ऊर्जा उत्सुकांनी गेल्या आठवड्यात स्पेन, पोर्तुगाल आणि फ्रान्सच्या काही भागांत काय झाले, याचा अभ्यास करायला हवा… एकेका विषयाचे खूळ सुरू झाले, की
प्रशिक्षणाच्या नावाखाली गृहनिर्माण संस्थांची लूट, सभासदांकडून वर्षाला १२० रुपये वसूल करण्याचा घाट
Clipped from: https://www.loksatta.com/mumbai/looting-of-housing-societies-in-the-name-of-training-attempt-to-collect-rs-120-per-year-from-members-mumbai-print-news-ssb-93-5067799/ जिल्हा हौसिंग फेडरेशन तसेच सत्ताधाऱ्यांशी सबंधित काही खाजगी प्रशिक्षण संस्थांच्या माध्यमातून हे प्रशिक्षण दिले जाणार असून त्यासाठी एक लाख २० हजार गृहनिर्माण संस्थामधील
SMEs’ repositioning along the ‘smile curve’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/smes-repositioning-along-the-smile-curve/article69538107.ece In fostering research and innovation, SMEs have a major role to play SMEs are key players in adopting research and cutting edge technology
Micro realities – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/micro-realities/article69531104.ece TN’s crackdown on microfinance is ill-conceived MFIs play a key role in financial inclusion | Photo Credit: AJIJCHAN The Tamil Nadu Assembly earlier
***Resolution rejected: SC verdict on Bhushan Power & Steel raises questions
Clipped from: https://www.business-standard.com/opinion/editorial/resolution-rejected-sc-verdict-on-bhushan-power-steel-raises-questions-125050400686_1.html The order is a blow to lenders. As experts have told this newspaper, lenders will have to return the recovery received through the
*****Quicker credit data updates will aid underwriting: TransUnion CIBIL MD, CEO | Finance Interviews – Business Standard
Clipped from: https://www.business-standard.com/finance/interviews/quicker-credit-data-updates-will-aid-underwriting-transunion-cibil-md-ceo-125050400719_1.html CIs get fresher data when underwriting or extending additional lines of credit, says Bhavesh Jain Bhavesh Jain, managing director (MD) and chief executive
aniltikotekar4sme.com 