Author: Anil R Tikotekar
👌👌👌Buying health plan in India can help NRIs during visits here – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/buying-health-plan-in-india-can-help-nris-during-visits-here-3624191/?ref=money_hp If payments are made through an NRE account, NRIs can avail of GST exemptions by submitting an exemption form to their insurance provider.
👌👌👌👌👌👌👌Decoding Complexities of Non-Resident Taxation
Clipped from: https://taxguru.in/corporate-law/decoding-complexities-non-resident-taxation.html Introduction Taxation for non-residents in India is shaped by specific provisions of the Income Tax Act, 1961 (‘the Act’). Non-residents, defined as individuals
👌👌👌Advisory on Validity of GST Notices/Orders Without Digital Signatures
Clipped from: https://taxguru.in/goods-and-service-tax/advisory-validity-gst-notices-orders-digital-signatures.html On September 26, 2024, an advisory was issued regarding the validity of documents such as Show Cause Notices (SCNs) and Orders issued by
👌👌👌👌👌Service of Notice Under GST Law: Key Requirements
Clipped from: https://taxguru.in/goods-and-service-tax/service-notice-gst-law-key-requirements.html Section 169(1) of the CGST Act, 2017 outlines the methods through which notices can be served by the department, such as personal delivery,
A Single SCN cannot be issued for multiple tax periods: Karnataka HC
Clipped from: https://taxguru.in/goods-and-service-tax/single-show-notice-issued-multiple-tax-periods-karnataka-hc.html Veremax Technologie Services Limited Vs Assistant Commissioner of Central Tax (Karnataka High Court) Summary: In Veremax Technologies Services Limited vs Assistant Commissioner of Central Tax,
No addition u/s 68 as taxpayer did not maintain books of accounts
Clipped from: https://taxguru.in/income-tax/addition-u-s-68-taxpayer-maintain-books-accounts.html Ishtiaq Ahmad Rather Vs ITO (ITAT Amritsar) Conclusion: Addition of cash deposit under section 68 was not justified as the same could only be
Read: Health Insurance: 5 recent claim rule changes you need to know
https://www.financialexpress.com/money/health-insurance-claims-5-recent-rule-changes-you-need-to-know-3621641/ Shared by Financial Express android app click here to download https://financialexpress.page.link/fe_app
Read: F&O Trading Surprising Insights: Women traders perform better than men, reveals SEBI survey
https://www.financialexpress.com/money/fampo-trading-surprising-insights-women-traders-perform-better-than-men-reveals-sebi-survey-3621528/ Shared by Financial Express android app click here to download https://financialexpress.page.link/fe_app
👌👌👌👌👌Vivaad Se Vishwas 2024: Assess strength of your case before settling | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/vivaad-se-vishwas-2024-assess-strength-of-your-case-before-settling-124092501046_1.html “The scheme, which will be effective from October 1, 2024, aims to resolve pending income tax disputes under the Finance Act, 2024,” says
👌👌👌A provision fraught with practical problems – The Hindu
Clipped from: https://www.thehindu.com/opinion/op-ed/a-provision-fraught-with-practical-problems/article68675007.ece Section 107 of the BNSS gives unbridled powers to the court to not only attach any property (on the request of the police
GST officers detect 10,700 bogus firms, over Rs 10K crore evasion | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/gst-officers-detect-10-700-bogus-firms-over-rs-10k-crore-evasion-124092400519_1.html Speaking at an Assocham event, Shashank Priya also said that in future, the tax authorities may also put certain restrictions on new taxpayers
Deduction u/s. 80P(2)(d) admissible on interest earned from investment with Co-operative Banks: ITAT Mumbai
Clipped from: https://taxguru.in/income-tax/deduction-u-s-80p-2-d-admissible-interest-earned-investment-co-operative-banks-itat-mumbai.html Laburnum Mahindra Gardens Co. Op. Hsg. Limited Vs ITO (ITAT Mumbai) ITAT Mumbai held that deduction under section 80P(2)(d) of the Income Tax
👌👌👌👌👌👌👌GST on Real Estate Sector: Key Rules and Rates
Clipped from: https://taxguru.in/goods-and-service-tax/gst-real-estate-sector-key-rules-rates.html Summary: The implementation of GST in India has significantly impacted the real estate sector, with varying tax rates based on the type of property