Clipped from: https://taxguru.in/income-tax/interpreting-reassessment-provisions-uoi-vs-rajeev-bansal-ors-sc.html Interpreting Reassessment Provisions – UOI vs. Rajeev Bansal & Ors – Civil Appeal No 8629 of 2024 (SC) The primary issue is whether
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.
👌👌👌Personal Hearing Mandatory U/s. 75(4) Before Passing of Orders: Allahabad HC
Clipped from: https://taxguru.in/goods-and-service-tax/personal-hearing-mandatory-section-754-passing-orders-allahabad-hc.html Summary: In the case of M/s. Eveready Industries India Limited v. State of UP, the Allahabad High Court addressed the requirement of personal hearings under
Summary of show cause notice cannot substitute requirement of notice u/s. 73: Gauhati HC
Read more at: https://taxguru.in/goods-and-service-tax/summary-show-notice-substitute-requirement-notice-u-s-73-gauhati-hc.htmlCopyright © Taxguru.in Passing of ex-parte order without considering merits of case unjustified: Matter restored
👌👌👌Passing of ex-parte order without considering merits of case unjustified: Matter restored
Clipped from: https://taxguru.in/income-tax/passing-ex-parte-order-merits-case-unjustified-matter-restored.html Ambika Prashad Vs ITO (ITAT Chandigarh) ITAT Chandigarh held that passing of an ex-parte order by CIT(A) without considering the merits of the
👌👌👌Deduction u/s. 80P(2)(d) not available on interest from savings bank account in co-operative bank
Clipped from: https://taxguru.in/income-tax/deduction-u-s-80p-2-d-interest-savings-bank-account-co-operative-bank.html Karumandurmedu MPCS Ltd Vs DCIT (ITAT Chennai) ITAT Chennai held that interest earned out of savings bank account maintained in a co-operative bank
👌👌👌SC gives relief to IT department, but it’s bad news for 90,000 assessees – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/sc-gives-relief-to-it-department-but-its-a-bad-news-for-90000-assessees/article68713650.ece Taxpayers will need to quickly comply with the requirement of notices issued in their cases and complete the proceedings In a big win
Deduction u/s. 80P(2)(d) available to co-op society for funds deposited in co-op banks: ITAT Ahmedabad
Clipped from: https://taxguru.in/income-tax/deduction-u-s-80p-2-d-co-operative-society-funds-deposited-co-operative-banks-itat-ahmedabad.html Sumel 6 Commercial Co-op. Service Society Limited Vs ITO (ITAT Ahmedabad) ITAT Ahmedabad held that co-operative society is entitled for deduction under section
👌👌👌👌👌Challenges faced by taxpayers due to inefficiency by GST department
Clipped from: https://taxguru.in/goods-and-service-tax/challenges-faced-taxpayers-due-inefficiency-gst-department.html Summary: India is positioning itself as a business-friendly destination, but inefficiencies in its tax administration present significant challenges for taxpayers. Despite initiatives like Make
👌👌👌Six tips to help choose right car insurance policy – Car News | The Financial Express
Clipped from: https://www.financialexpress.com/auto/car-news/six-tips-to-help-choose-right-car-insurance-policy/3628563/?ref=hometop_hp In India, car insurance is legally required, making it crucial for buyers to prioritize adequate coverage over low premiums and compare policies. In
👌👌👌Internship portal to be launched on Oct 3; top 500 companies can tie up with others in supply chain
Clipped from: https://indianexpress.com/article/business/internship-portal-launch-top-500-companies-tie-up-with-others-in-supply-chain-9598210/ Candidates selection through backend bots, companies to then scrutinise and pick; portal live from Oct 12. Candidates having studied from IIT, IIM, IISER
👌👌👌6 income tax rules introduced in Budget 2024 to be effective from Oct 1. Check list – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/6-income-tax-changes-introduced-in-budget-2024-oct-1-aadhaar-card-stt-tds-rate-direct-tax-vivad-se-vishwas-scheme-2024-447621-2024-09-26 The STT applicable to futures and options (F&O) trading is set to increase from October 1, 2024. Specifically, the tax rates for Futures
How audit work pressure can be eased – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/how-audit-work-pressure-can-be-eased/article68702655.ece Reverting to half-yearly reporting and allowing companies to have different financial year ending will help stagger audit work The recent death of an
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