Clipped from: https://taxguru.in/excise-duty/clearance-entities-partners-clubbed-ssi-exemption-limit.html Himalaya Equipments Vs C.C.E. & S.T. (CESTAT Ahmedabad) CESTAT Ahmedabad held that value of clearance of two entities having same partners are to
Author: Anil R Tikotekar
👍👍👍👍👍HC set aside Income Tax Notice issued & Order passed on dissolved LLP
Clipped from: https://taxguru.in/income-tax/hc-set-aside-income-tax-notice-issued-order-passed-dissolved-llp.html Lotus Law Partners LLP Vs ITO (High court of Delhi) Via this writ petition, a challenge is laid to notice dated 14.03.2022 issued under
👍👍👍👍👍Section 54 exemption cannot be denied for acquiring new house in wife’s name
Clipped from: https://taxguru.in/income-tax/section-54-exemption-denied-acquiring-house-wifes-name.html Income Tax Officer Vs Shri Julius (ITAT Chennai) ITAT held that acquisition of new house in wife’s name would not jeopardise Section 54
👍👍👍👍👍Section 75(4) U.P. GST Act is Mandatory, Even if no Demand in Writing for Hearing is made out: Allahabad HC Quashes Order
Clipped from: https://www.taxscan.in/section-754-u-p-gst-act-is-mandatory-even-if-no-demand-in-writing-for-hearing-is-made-out-allahabad-hc-quashes-order/269641/ By Aparna. M – On April 17, 2023 1:00 pm – 2 mins read In a significant case, the Allahabad High Court held that section 75(4) of
👍👍👍👍👍Delhi HC Set Aside Section 148A(d) Order Passed without Considering Reply of Assessee: Directs de novo exercise
Clipped from: https://www.taxscan.in/delhi-hc-set-aside-section-148ad-order-passed-without-considering-reply-of-assessee-directs-de-novo-exercise/269531/ The Delhi Bench of High Court has set aside the order passed under Section 148A(d) of the Income Tax Act 1961 as this
👍👍👍Madras HC sets aside Assessment Order passed violative of the Natural Justice Principle
Clipped from: https://www.taxscan.in/gst-madras-hc-sets-aside-assessment-order-passed-violative-of-the-natural-justice-principle/269735/ The Madras High Court set aside the assessment order passed under the Goods and Services Tax Act, 2017 which was violative of the
Disappointing numbers
Clipped from: https://www.business-standard.com/opinion/editorial/disappointing-numbers-123041701135_1.html IT sector has hit a rough patch Listen to This Article Disappointing results and pessimistic guidance from Tata Consultancy Services (TCS) and Infosys
HDFC Bank stock’s re-rating still some time away, say analysts
Clipped from: https://www.business-standard.com/markets/news/hdfc-bank-near-term-volatility-to-continue-as-merger-timeline-gets-delayed-123041700303_1.html HDFC Bank shares: Analysts believe a re-rating in the stock would happen as and when more clarity emerges on the smooth merger with
Preparing industry for Carbon Border Tax – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/preparing-industry-for-carbon-border-tax/article66748556.ece Indian exporters shifting to cleaner production processes and using renewable energy to power their plants are among six steps that can reduce the
What is AutoGPT? Here is all you need to know about autonomous GPT-4 tool – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/what-is-autogpt-here-is-all-you-need-to-know-about-autonomous-gpt-4-tool/article66740584.ece Auto-GPT uses OpenAI’s GPT-4 technology; seen as more advanced than ChatGPT As ChatGPT and other generative artificial intelligence (AI) models sweep headlines and gather internet
Mudra pushing India towards a more “inclusive” entrepreneurship – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/mudra-pushing-india-towards-a-more-inclusive-entrepreneurship/article66744473.ece The Mudra Yojana, now completing its 8 years, incidentally, happens to have contributed immensely to inclusion of several communities that have traditionally been
‘Unclaimed’ headaches – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/unclaimed-headaches/article66748453.ece Banks must step up measures to reduce such deposits The RBI along with its recent MPC statement stated that it “has decided to
In a continuing downtrend, WPI inflation falls to 29-month low of 1.34% in March – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/wpi-dips-to-29-month-low-in-march-on-easing-input-prices/article66746774.ece The wholesale-price based inflation in March dipped to 1.34 per cent year-on-year, lower than 3.85 per cent in February Producers’ inflation based on Wholesale
IT stocks hammered in market spooked by weak outlook – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/it-stocks-hammered-over-concerns-of-weak-outlook/article66747786.ece Poor quarterly performances for TCS and Infosys are a clarion call for macroeconomic headwinds in the sector A poor outlook for the Indian
👍👍👍👍👍👍👍GSTR-1 vs GSTR-3B vs GSTR-9: How do three returns differ for businesses | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-gstr-1-vs-gstr-3b-vs-gstr-9-how-do-three-returns-differ-for-businesses/3050995/ Ease of doing business for MSMEs: There are around 22 types of GST returns, of which around 4 are suspended and eight are
Infosys tumbles 15% on weak revenue outlook, drags sector – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/infosys-tumbles-15-on-weak-revenue-outlook-drags-sector/article66746646.ece?cx_testId=22&cx_testVariant=cx_1&cx_artPos=1&cx_experienceId=EX8OXMB4HBZD#cxrecs_s Company’s dismal revenue outlook raised concerns about demand for Indian IT services amid global banking turmoil and recession fears Infosys Ltd shares slumped nearly
Section 75(4) U.P. GST Act is Mandatory, Even if no Demand in Writing for Hearing is made out: Allahabad HC Quashes Order
Read More: https://www.taxscan.in/section-754-u-p-gst-act-is-mandatory-even-if-no-demand-in-writing-for-hearing-is-made-out-allahabad-hc-quashes-order/269641/ Clipped from: https://www.taxscan.in/section-754-u-p-gst-act-is-mandatory-even-if-no-demand-in-writing-for-hearing-is-made-out-allahabad-hc-quashes-order/269641/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Section%2075(4)%20U.P.%20GST%20Act%20is%20Mandatory,%20Even%20if%20no%20Demand%20in%20Writing%20for%20Hearing%20is%20made%20out:%20Allahabad%20HC%20Quashes%20Order By Aparna. M – On April 17, 2023 1:00 pm – 2 mins read In a significant case, the Allahabad High Court held that section
Ringfencing the rupee – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/ringfencing-the-rupee/article66737419.ece The norms for trading in NDFs should not be too stringent The rupee may be holding steady against the dollar so far this