https://www.business-standard.com/finance/news/nfra-issues-revised-audit-standards-for-public-input-to-align-with-isa-600-124091700992_1.html Clipped from: https://www.business-standard.com/finance/news/nfra-issues-revised-audit-standards-for-public-input-to-align-with-isa-600-124091700992_1.html Brings out revised SA 600 for public consultations The Reserve Bank of India (RBI) and Securities and Exchange Board of India (Sebi)
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.
NBFCs throng bond mkt to fund festival credit demand as bank funding slows | Finance News – Business Standard
https://www.business-standard.com/finance/news/nbfcs-rush-to-bond-market-to-raise-fund-to-meet-festive-demand-124091701245_1.html Clipped from: https://www.business-standard.com/finance/news/nbfcs-rush-to-bond-market-to-raise-fund-to-meet-festive-demand-124091701245_1.html Raise nearly Rs 74K cr since Aug via debt offers as bank lending slows Illustration: Ajay Mohanty Listen to This Article A
Tata Motors taps used car market to boost electric vehicle resale, exchange | Company News – Business Standard
https://www.business-standard.com/companies/news/tata-motors-working-on-boosting-resale-exchange-value-of-electric-vehicles-124091700783_1.html Clipped from: https://www.business-standard.com/companies/news/tata-motors-working-on-boosting-resale-exchange-value-of-electric-vehicles-124091700783_1.html The company has the largest car park in EVs in India, estimated to be around 170,000 units. As a pilot, the company
👌Madras HC sets aside Income Tax Assessment Order passed hastily Due to Deadline
Clipped from: https://www.taxscan.in/madras-high-court-sets-aside-income-tax-assessment-order-passed-hastily-without-considering-taxpayers-submission-amidst-approaching-deadline/436759/ In a recent ruling, the Madras High Court set aside the Income Tax assessment order which was passed hastily without considering the taxpayer’s
👌Single Consolidated GST SCN u/s 73 cannot be issued for Multiple Assessment Years: Karnataka HC
Clipped from: https://www.taxscan.in/single-consolidated-gst-scn-u-s-73-cannot-be-issued-for-multiple-assessment-years-karnataka-hc/436871/ The Karnataka High Court has declared that issuing a single consolidated Show Cause Notice ( SCN ) under Section 73 of the Goods
👌👌👌👌👌GST Council recommends Rectification Process for ITC Orders u/s 73, 74, 107, and 108; Circular to Address ITC Issues
Clipped from: https://www.taxscan.in/gst-council-recommends-rectification-process-for-itc-orders-u-s-73-74-107-and-108-circular-to-address-itc-issues/436764/ Wrong availment of Income Tax Credit lead to the decision by 54th GST Council Meeting By Arjun A P – On September 14, 2024 10:12 am –
👌👌👌Extended Demand Period unsustainable Without Tax Evasion Intent
https://taxguru.in/excise-duty/extended-demand-period-unsustainable-tax-evasion-intent.html lipped from: https://taxguru.in/excise-duty/extended-demand-period-unsustainable-tax-evasion-intent.html Kanoria Energy & Infrastructure Ltd. Vs Commissioner, CGST & Central Excise (CESTAT Delhi) Summary: In the case of Kanoria Energy & Infrastructure Ltd.
👌👌👌Proceedings u/s. 130 of GST Act cannot be initiated for excess stock found during survey: Allahabad HC
https://taxguru.in/goods-and-service-tax/proceedings-u-s-130-gst-act-initiated-excess-stock-survey-allahabad-hc.html lipped from: https://taxguru.in/goods-and-service-tax/proceedings-u-s-130-gst-act-initiated-excess-stock-survey-allahabad-hc.html Vk Electricals Vs Additional Commissioner Grade-2 Appeal-Ii And Another (Allahabad High Court) Allahabad High Court held that in case of excess stock
👌👌👌👌👌RCM Liability/ITC Statement introduced on GST Portal
https://taxguru.in/goods-and-service-tax/rcm-liability-itc-statement-introduced-gst-portal.html Clipped from: https://taxguru.in/goods-and-service-tax/rcm-liability-itc-statement-introduced-gst-portal.html Summary: In August 2024, the GST Portal introduced a new RCM Liability/ITC Statement to help taxpayers manage their reverse charge mechanism (RCM) liabilities
👌👌👌The Rajasthan High Court has recently held that an assessee’s admission cannot be treated as conclusive evidence for income tax additions in the absence of corroborating material.
lipped from: https://www.taxscan.in/assessees-admission-not-a-valid-ground-for-income-tax-addition-rajasthan-hc/437752/ The Rajasthan High Court has recently held that an assessee’s admission cannot be treated as conclusive evidence for income tax additions in the
👌Tell a lie once and all your truths become questionable– thought I liked –Courtesy friends
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