lipped from: https://www.taxscan.in/itat-remands-case-to-cita-for-reassessment-allowing-assessee-another-opportunity-to-substantiate-rs-51-20-lacs-cash-credit/456231/ ITAT Remands Case to CIT(A) for Reassessment, Allowing Assessee Another Opportunity to Substantiate Rs. 51.20 Lacs Cash Credit [Read Order] The ITAT’s decision
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.
👌👌👌👌👌👌👌Cost Inflation Index (CII): Meaning, Table, Calculation – IndiaFilings
Clipped from: https://www.indiafilings.com/learn/cost-inflation-index/ Last updated: September 16th, 2024 12:48 PM “The Cost Inflation Index (CII) in India for the financial year 2024-25 is 363.”The Cost Inflation
👌👌👌👌👌CEA urges large companies to make timely payments to SMEs for economic growth – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/cea-urges-large-companies-to-make-timely-payments-to-smes-for-economic-growth/article68902252.ece CEA stressed that such payments are essential for India’s SME sector to grow and make a more significant contribution to GDP and to
👌👌👌Interest Received on Delayed Gratuity Taxable as Other Income – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-interest-received-on-delayed-gratuity-taxable-as-other-income/article68844872.ece As per the Income Tax Act, 1961, the gratuity amount is exempt from income tax, while interest received on delayed payment of gratuity
👌👌👌What Taxpayers Need to Know About Foreign Income Schedules of ITR – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/what-taxpayers-need-to-know-about-foreign-income-schedules-of-itr/article68898609.ece There is time till December 31 to rectify lapse in furnishing details of foreign income/assets Having your feet up after filing tax returns
👌👌👌In name of open economy, we gave unfair advantages to others: Jaishankar | External Affairs Defence Security News – Business Standard
Clipped from: https://www.business-standard.com/external-affairs-defence-security/news/in-name-of-open-economy-we-gave-unfair-advantages-to-others-jaishankar-124112301100_1.html Jaishankar said in the name of globalisation, we actually hollowed out the manufacturing. SMEs have been hurting for the last 30 years because
👌👌👌‘Don’t get fooled…’: Tata Memorial Hospital warn patients after Navjot Singh Sidhu’s claims on cancer cure – BusinessToday
Clipped from: https://www.businesstoday.in/india/story/dont-get-fooled-tata-memorial-hospital-warn-patients-after-navjot-singh-sidhus-claims-on-cancer-cure-454847-2024-11-23 “We urge the public to not delay their treatment by following unproven remedies, but rather to consult a doctor, preferably a cancer specialist,
👌👌👌👌👌👌👌Reassessment notice under section 148 served after date of limitation is bad-in-law: ITAT Kolkata
Clipped from: https://taxguru.in/income-tax/reassessment-notice-section-148-served-date-limitation-bad-in-law-itat-kolkata.html Pradip Chandra Roy Vs ITO (ITAT Kolkata) ITAT Kolkata held that reassessment order quashed since notice issued under section 148 of the Income
👌👌👌👌👌👌👌Immovable Property Sold at less than Stamp Duty Value – Tax Impact on Seller
Clipped from: https://taxguru.in/income-tax/immovable-property-sold-stamp-duty-tax-impact-seller.html Income-Tax Implications for the Sellers, if any Immovable Property is Sold for a consideration less than Stamp Duty Value When any person sells
👌👌👌👌👌👌👌Long-Term Capital Gains on Sale of Immovable Property in India
https://taxguru.in/income-tax/long-term-capital-gains-sale-immovable-property-india.html As per the Indian Income-tax Act, income arising from the sale of a capital asset is taxed under the head ‘Income from Capital Gains’.
👌👌👌👌👌Is AI ignoring consent and harming users? – Opinion News | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/is-ai-ignoring-consent-and-harming-users/3672881/ India has taken steps to safeguard digital consumer welfare with the Digital Personal Data Protection (DPDP) Act, 2023, and the Digital Competition Bill
The Trump effect on China – Opinion News | The Financial Express
lipped from: https://www.financialexpress.com/opinion/the-trump-effect-on-china/3672886/?ref=opinion_hp Notwithstanding these costs, China might still hope to cut a deal with the Trump administration that enables it to shift some production to
👌👌👌👌👌What’s ailing the Indian economy? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/whats-ailing-the-indian-economy/article68899231.ece Winding down of post-Covid spending, high interest rates curbing investment and reduced corporate profits are dampeners Recently, macro indicators have been signalling that
Monetary policy must reflect uncertainty in decision-making: RBI’s Patra | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/monetary-policy-must-reflect-uncertainty-in-decision-making-rbi-s-patra-124112201200_1.html Monetary policy may be 98 per cent talk and only 2 per cent action, but the cost of sending the wrong message can
AI can make trade efficient but data governance a challenge: WTO report – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/ai-can-make-trade-efficient-but-data-governance-a-challenge-wto-report/article68893400.ece The rise of AI is raising important data governance issues that will need to be addressed to prevent further digital trade barriers, the
Trump tariffs alone may not derail exports – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/trump-tariffs-alone-may-not-derail-exports/article68894979.ece India’s trade deficit is a result of income-sensitive key exports, weak global demand and an inefficient manufacturing ecosystem On the night of November
AI is still augmentative rather than replacement, says Minister Palanivel Thiaga Rajan – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/ai-still-is-augmentative-rather-than-replacement-says-minister-palanivel-thiaga-rajan/article68894802.ece The volume of data collected, stored and available for analysis has grown exponentially and it is mind boggling, says minister. Palanivel Thiaga Rajan,
IBBI proposes to make monitoring committee mandatory for all resolution plans – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/ibbi-proposes-to-make-monitoring-committee-mandatory-for-all-resolution-plans/article68894903.ece The proposed framework empowers the CoC to take the final decision on the constitution, composition, and functioning period of the monitoring committee, as
Sew it up – The Hindu BusinessLine [ Garment Industry-Exports ]
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/sew-it-up/article68894385.ece Structural issues hold up textiles, garment exports Of late, there has been some discussion over whether India’s garment exporters can grab a slice
👌👌👌👌👌S Jaishankar’s book offers a practitioner’s view of Indian foreign policy
Clipped from: https://www.business-standard.com/book/s-jaishankar-s-book-offers-a-practitioner-s-view-of-indian-foreign-policy-124112101291_1.html While many academics and diplomats have penned books and memoirs on foreign policy, S Jaishankar’s work offers a blend of hands-on experience, insight,
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