Clipped from: https://www.businesstoday.in/opinion/columns/story/quid-pro-quo-test-no-longer-the-norm-311371-2021-11-05 The present ruling of the Supreme Court consciously blurs this line to say that a tax and a fee must not be understood
Author: Anil R Tikotekar
168% up from a 52-week low! Should you invest in this public sector bank post Q2 results? – BusinessToday
Clipped from: https://www.businesstoday.in/markets/company-stock/story/168-up-from-a-52-week-low-should-you-invest-in-this-public-sector-bank-post-q2-results-311394-2021-11-05 State Bank of India (SBI), which is hovering at a record high, has amazed investors with its outperformance on Dalal Street in the
The recovery toolkit: The Hindu Editorial on tax policy and economic recovery – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/the-recovery-toolkit-the-hindu-editorial-on-tax-policy-and-economic-recovery/article37330430.ece The economic recovery remains fragile; rebooting tax policy may help The latest string of official numbers, including almost-record GST collections, healthy direct tax
Do lower courts pass the buck when it comes to bail pleas? – Times of India
Clipped from: https://timesofindia.indiatimes.com/india/do-lower-courts-pass-the-buck-when-it-comes-to-bail-pleas/articleshow/87512108.cms Aryan Khan was granted bail by the Bombay High Court after two days of arguments, around eight days after the petition came to
What we need to fix our judicial system | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/what-we-need-to-fix-our-judicial-system-7607679/ Not more money or shiny new digital platforms, but more accountability from judges The box is opened four times a day and Khan’s
There are signs of increasing formalisation of the economy, but more precise data is needed to capture the trend accurately | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/india-economy-coronavirus-pandemic-mnrega-7607868/ In the absence of data, it is difficult to know for sure, both, the extent to which the informal economy continues to struggle,
Top 10 Issues Faced by Professionals & Taxpayer in GST since 2017–TAXGURU.IN
Clipped from: https://taxguru.in/goods-and-service-tax/top-10-issues-faced-professionals-taxpayer-gst-2017.html Ambejogai Tax Practitioners Association Submitted a Representation to Hon’ble Union Minister of State Finance – Shri Dr. Bhagwat Karad on Top 10 Issues
No Penalty for failure to maintain books when Assessee submitted Audit Report & Audited Accounts–TAXGURU.IN
lipped from: https://taxguru.in/income-tax/penalty-failure-maintain-books-assessee-submitted-audit-report-audited-accounts.html Aum Jewels Vs ITO (ITAT Delhi) We find Tax Audit Report in Form No. 3CD in all the Assessment Years under consideration. In
‘Permissible unless prohibited’ is the position of the law – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/permissible-unless-prohibited-is-the-position-of-the-law/article36813086.ece National Company Law Tribunal allowing conversion of equity shares into preference shares is laudable Paving way for corporates to give structured exit to
COURTROOM – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/courtroom/article36555934.ece Acknowledged as debt In business, there are circumstances where a person might have incurred a liability, but later on he need not have
Not a business activity – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/not-a-business-activity/article36813151.ece A single transaction of buying and selling shares does not constitute a business activity, the Chennai bench of the Income Tax Appellate Tribunal
Registration mandatory under MSME Act – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/registration-mandatory-under-msme-act/article36555608.ece It envisages the establishment of the Micro & Small Enterprise Facilitation Council The Supreme Court of India, in its recent judgment in Silpi Industries
Interpret, but don’t re-write – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/interpret-but-dont-re-write/article36813210.ece The job of judges is to interpret the law, not to re-write them, the Supreme Court has said, while overruling an interim order
Courtroom: No pedente lite interest – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/business-laws/courtroom-no-pedente-lite-interest/article37048290.ece In a recent case, the question before the Supreme Court was whether interest could be levied during the pendency of a litigation In
The not-so fool-proof cyber world – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blogs/blog-gitanjalidiwakar/article33790212.ece Can migrating to apparently safer platforms ensure a greater degree of privacy in the world of satellite communication, computers and programming? Read on Not
All you wanted to know about exclusions in insurance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/slate/all-you-wanted-to-know-about/article37164964.ece A life, health, term, or general insurance policy is bought with the purpose of providing cover against an unknown risk. But what if
Governing ESG – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/governing-esg/article37326650.ece SEBI’s move mandating funds to spell out their ESG goals will check ambiguity and usher in transparency The Securities and Exchange Board of
New Annual Information Statement allows you to get mistakes rectified | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/new-annual-information-statement-allows-you-to-get-mistakes-rectified-121110400362_1.html Make sure the information in your income-tax return and in this statement match, or you could get a tax notice Even if a
Telecom shines: Electronics exports surge, may hit record $15 billion in FY22 – The Financial Express
Clipped from: https://www.financialexpress.com/industry/telecom-shines-electronics-exports-surge-may-hit-record-15-billion-in-fy22/2363197/ However, in the first half of the current fiscal, such exports surged 59% to $6.2 billion. Overseas despatches are expected to spike in
More clarity to ease MSME global trade – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/more-clarity-to-ease-msme-global-trade/articleshow/87529049.cmsSynopsis The pandemic has hurt MSMEs that make 95% of companies and account for 60% of employment across the world. Understandably, WTO wants to