Read More: https://www.taxscan.in/re-assessment-solely-based-on-information-from-investigation-wing-is-invalid-without-independent-inquiry-by-ao-itat/164250/ Clipped from: https://www.taxscan.in/re-assessment-solely-based-on-information-from-investigation-wing-is-invalid-without-independent-inquiry-by-ao-itat/164250/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Delhi%20bench%20of%20the%20ITAT Top Stories By Rasheela Basheer – On March 28, 2022 10:44 am The Delhi bench of the ITAT comprising Shri R. K. Panda, Accountant Member
Author: Anil R Tikotekar
मी यापूर्वी बँक ऑफ महाराष्ट्र मध्ये क्षेत्रीय अधिकारी म्हणून काम करत होतो. मुंबई, पुणे, सोलापूर, कोल्हापूर व लातूर येथे काम करण्याचा अनुभव आहे . १६ वर्षे मनेजर म्हणूनही काम केले आहे तसेच बँक ऑफ महाराष्ट्र मधील ट्रेनिंग कॉलेज मध्ये शिकवण्याचा देखील अनुभव आहे. माझा इमेल aniltikotekar@gmail.com असा आहे. माझी website अजून चांगली कशी होईल याबाबत सूचनांचे स्वागतच आहे. कोणत्याही आर्थिक फायदा मिळवावा अशा हेतूने ही website सुरु केलीली नाही याची नोंद वाचकांनी घेणे गरजेचे आहे. तसेच या संकेतस्थळावर दिला गेलेला सल्लाअमलात आणण्याआधी आपल्या आर्थिक बाबी माहित असण्याऱ्या व्यक्तींचा [ जसे की CA ] सल्ला घ्यावा. समाजातील काही घटनांना थोडीशी जरी मदत झाली तरी हा प्रयत्न थोडाफार तरी यशस्वी झाला असे म्हणता येईल.
*Raising Objection is a Valuable Legal Right of Assessee, Dept cannot deny it: ITAT–TAXSCAN
Read More: https://www.taxscan.in/raising-objection-is-a-valuable-legal-right-of-assessee-dept-cannot-deny-it-itat/164399/ Clipped from: https://www.taxscan.in/raising-objection-is-a-valuable-legal-right-of-assessee-dept-cannot-deny-it-itat/164399/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Objection Top Stories By Taxscan Team – On March 28, 2022 7:02 pm The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the
*****Extend NPA classification period to 180 days from 90 days for MSMEs: FICCI’s Economic Outlook Survey | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-extend-npa-classification-period-to-180-days-from-90-days-for-msmes-ficcis-economic-outlook-survey/2480355/ Ease of Doing Business for MSMEs: The survey, conducted in March 2022 among economists to forecast key macro-economic variables for FY23 and for
*****ship containers: Thousands of Russia-linked ship containers pile up in Rotterdam – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/thousands-of-russia-linked-ship-containers-pile-up-in-rotterdam/articleshow/90619438.cms Synopsis Russian business is a significant part of the port’s operations, as of the roughly 470 million tons transshipped through the facility each
*****PLI scheme: Govt mulls modifications in PLI Scheme for speciality steel; extends last date for application till April 30 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/govt-mulls-modifications-in-pli-scheme-for-speciality-steel-extends-last-date-for-application-till-april-30/articleshow/90621192.cms Synopsis On July 22 last year, the Union Cabinet chaired by Prime Minister Narendra Modi had approved a Rs 6,322-crore PLI scheme to
*****ITR forms for FY 2021-22 notified, no major changes in income tax return forms – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/itr-forms-for-fy-2021-22-notified-no-major-changes-in-income-tax-return-forms/articleshow/90588604.cms Synopsis The income tax return forms notified by the CBDT for FY 2021-22 have been kept unchanged. The individuals are required to provide
*****Government’s open data push sets off alarms – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/technology/governments-open-data-push-sets-off-alarms/articleshow/90503805.cms SynopsisThe Ministry of Electronics and Information Technology (Meity) released a draft of the India Data Accessibility and Use Policy 2022 for public consultation
*I-T probe on Mukesh Ambani family closed – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/i-t-probe-on-mukesh-ambani-family-closed/articleshow/90599997.cms Synopsis These sources added that the probe initiated in 2019 under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax
*Indian banks need to get way smarter – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-indian-banks-need-to-get-way-smarter/articleshow/90598830.cms Synopsis Even though banking is ahead of other industries in analytics maturity, there is still enough room for more innovation. Early adopters of
supreme court: ‘Very sorry state of affairs’: SC over delay in execution of arbitral awards – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/very-sorry-state-of-affairs-sc-over-delay-in-execution-of-arbitral-awards/articleshow/90608117.cms Synopsis The apex court said this case is a glaring example of frustrating the arbitration proceedings under the Arbitration Act. It noted that
*****Crypto Tax india: The 1% tax that has India’s crypto industry predicting chaos – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/cryptocurrency/the-1-tax-that-has-indias-crypto-industry-predicting-chaos/articleshow/90603840.cms Synopsis Crypto-exchange executives, lawyers and tax analysts warn that the TDS will suck liquidity out of the market by forcing high-frequency traders to
Rising steel prices to make cars, home construction costlier – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/todays-paper/tp-others/tp-states/rising-steel-prices-to-make-cars-home-construction-costlier/article65283047.ece Steel prices in India have been at an all-time high over the last few months following supply shortages in Australian coking coal |
Upstox eyes customer base of 300 million in the next 5 years – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-markets/upstox-eyes-customer-base-of-300-million-in-the-next-5-years/article65282981.ece Ratan Tata and Tiger global backed digital broker Upstox has been growing at a frenetic pace as it rides on ongoing mega trend
MCA yet again defers mandatory audit trail norm by another year – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/mca-yet-again-defers-mandatory-audit-trail-norm-by-another-year/article65283004.ece Tax forms, close up | Photo Credit: FabrikaCr In a breather for small and medium-sized companies, the Corporate Affairs Ministry (MCA) has once
*****Current account deficit widens to 9-year high of $23 billion in Q3 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/current-account-deficit-widens-to-9-year-high-of-23-billion-in-q3/article65283006.ece As a percentage of GDP, the current account deficit was at 2.7 per cent during the October-December quarter of FY22 The country’s current
ITR forms for AY 22-23 notified – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/itr-forms-for-ay-22-23-notified/article65283013.ece New Indian ITR-5 Income tax Form with Indian currency and PAN or Permanent Account Number on isolated background. | Photo Credit: lakshmiprasad S
In a first, transaction volumes on UPI cross 500 cr in March – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/in-a-first-transaction-volumes-on-upi-cross-500-cr-in-march/article65283021.ece Over 17 cr payments worth Rs. 20,000 cr have been made via UPI on daily basis The widely popular Unified Payments Interface (UPI)
GST mop-up hits all-time high of Rs. 1.42-lakh crore in March – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/gst-mop-up-hits-all-time-high-of-rs-142-lakh-crore-in-march/article65283009.ece The previous record collection was Rs. 1.40-lakh crin January this year The Finance Ministry on Friday reported an all-time high collections through Goods
IBBI proposes changes to grievance redress and enforcement mechanism – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/ibbi-proposes-changes-to-grievance-redress-and-enforcement-mechanism/article65283011.ece Man holds Insolvency and bankruptcy code IBC. | Photo Credit: designer491 Invites public comments on the discussion paper Insolvency regulator IBBI proposes to
*****Seven months after resuming talks, India, Australia to sign FTA today – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/seven-months-after-resuming-talks-india-australia-to-sign-fta-today/article65282972.ece India sees big gains in pharma; Australia toget relaxations on wine India and Australia are all set to sign a free trade agreement
