‘AI could become middle-class job killer unless…’: One of India’s top money manager warns – BusinessToday

Clipped from: https://www.businesstoday.in/technology/news/story/ai-could-become-middle-class-job-killer-unless-one-of-indias-top-money-manager-warns-458189-2024-12-22 According to a report by Marcellus Investment Managers, routine jobs like clerical and supervisory roles are vanishing, replaced by cost-cutting measures like outsourcing

1👍👍👍👍👍👍👍Reopening bad-in-law since AO unaware about exact nature of income which escaped assessment

https://taxguru.in/income-tax/reopening-bad-in-law-ao-unaware-exact-nature-income-escaped-assessment.html Clipped from: https://taxguru.in/income-tax/reopening-bad-in-law-ao-unaware-exact-nature-income-escaped-assessment.html ITO Vs Magnetic Properties Exim Pvt. Ltd. (ITAT Mumbai) ITAT Mumbai held that in case of reopening of assessment AO needs to

1👍👍👍👍👍👍👍Income Tax: What is Section 148A notice and what are the new changes brought under Budget 2024? – BusinessToday

Clipped from: https://www.businesstoday.in/personal-finance/tax/story/income-tax-what-is-section-148a-notice-and-what-are-the-new-changes-brought-under-budget-2024-441068-2024-08-11 Section 148A of the Income Tax Act allows the Income Tax officers to initiate reassessment proceedings when they suspect that a taxpayer may

1👍👍👍👍👍No more reopening, re-assessment of old ITR beyond 3 years if escaped income is below Rs 50 lakh – The Economic Times

Clipped from: https://economictimes.indiatimes.com/wealth/tax/no-more-reopening-re-assessment-of-old-itr-beyond-3-years-if-escaped-income-is-below-rs-50-lakh/articleshow/111955977.cms Synopsis Re-Assessment of Old ITR: Budget 2024 has brought significant relief as tax authorities are no longer allowed to reopen old income tax

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