Clipped from: https://www.taxscan.in/penalty-u-s-271c-of-income-tax-not-leviable-in-absence-of-proper-show-cause-notice-to-the-assessee-itat/268370/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Penaltyu/s%20271(c)%20of%20Income%20Tax%20not%20leviable%20in%20Absence%20of%20Proper%20Show%20Cause%20Notice%20to%20the%20Assessee:%20ITAT The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the penalty is not leviable in absence of proper show cause notice to
Author: Anil R Tikotekar
Reassessment Made After 4 years is not valid: Madras High Court
Clipped from: https://www.taxscan.in/reassessment-made-after-4-years-is-not-valid-madras-high-court/268361/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Reassessment%20Made%20After%204%20years%20is%20not%20valid:%20Madras%20High%20Court The Madras High Court held that a Reassessment made after 4 years for a mere change of opinion is not valid. The appellant/Revenue,
Persons whose Custody Goods found are bound to provide Information Within a Reasonable Time: Delhi HC:
Clipped from: https://www.taxscan.in/persons-whose-custody-goods-found-are-bound-to-provide-information-within-a-reasonable-time-delhi-hc/268224/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Persons%20whose%20Custody%20Goods%20found%20are%20bound%20to%20provide%20Information%20Within%20a%20Reasonable%20Time:%20Delhi%20HC: Delhi High Court in its recent judgement held that information about the goods must be produced within a reasonable time by the person
👍Women account for a fifth of total mutual fund investors, shows data
Clipped from: https://www.business-standard.com/markets/mutual-fund/women-account-for-a-fifth-of-total-mutual-fund-investors-shows-data-123041301185_1.html In the last three years, there has been a jump of 1.3 million women investors, each, from B30 and T30 cities Listen to
👍IBA reaching out to start-ups for funding needs, says DPIIT official
Clipped from: https://www.business-standard.com/finance/news/iba-reaching-out-to-start-ups-for-financial-needs-says-dpiit-official-123041100814_1.html Only DPIIT-registered start-ups are eligible for funding under various support schemes of the industry department Listen to This Article Following the collapse of
👍Credit card spends touch all-time high of Rs 1.37 trillion in March
Clipped from: https://www.business-standard.com/finance/news/credit-card-spends-touch-all-time-high-of-rs-1-37-trln-in-march-123041400814_1.html For FY23, spending topped Rs 14 trillion, up 47.27% from Rs 9.71 trillion in FY22 Listen to This Article Credit card spends touched
👍👍👍👍👍👍👍Heirs must know what you own to claim wealth: HNIs should opt for trusts
lipped from: https://www.business-standard.com/finance/news/heirs-must-know-what-you-own-to-claim-wealth-hnis-should-opt-for-trusts-123041401057_1.html Appoint nominees and write a Will to make the transfer hassle-free Listen to This Article The Reserve Bank of India recently announced that
👍👍👍👍👍Convenient and economical: Why car leasing is catching up in India
Clipped from: https://www.business-standard.com/finance/personal-finance/convenient-and-economical-why-car-leasing-is-catching-up-in-india-123041401129_1.html Automobile manufacturers report a growing interest in non-ownership options for vehicles You can drive your favourite car without owning it: leasing will make
👍👍👍👍👍Rules of the game
Clipped from: https://www.business-standard.com/opinion/editorial/rules-of-the-game-123041201087_1.html Online gaming regulations need clarity Listen to This Article The newly notified online gaming rules and regulations appear to be headed in the
👍👍👍👍👍Why climate change makes GDP unsuitable for measuring economic churn
Clipped from: https://www.business-standard.com/opinion/columns/why-climate-change-makes-gdp-unsuitable-for-measuring-economic-churn-123041400852_1.html GDP does not capture issues like welfare, inequality and human development. Nor does GDP capture the damage to the environment caused by economic
MSME lending will be our focus this year: Godrej Capital CEO Manish Shah
lipped from: https://www.business-standard.com/companies/news/focus-of-this-year-will-be-msme-lending-godrej-capital-ceo-manish-shah-123041100831_1.html So most of our focus is where the homebuyers are. So, we work with about 200 projects in the country across all of
5 of India’s top 10 destinations for exports witness contraction in March
lipped from: https://www.business-standard.com/economy/news/five-of-india-s-top-10-export-destinations-witness-contraction-in-march-123041400772_1.html Among top 10 import origins, only two – Russia and South Korea – see growth Photo: Bloomberg Listen to This Article A slowdown
Amazon, Google CEOs hint at more layoffs amid meltdown to evaluate business
Clipped from: https://www.business-standard.com/companies/news/amazon-google-ceos-hint-at-more-layoffs-amid-economic-meltdown-123041500445_1.html As tech layoffs continue unabated in 2023, Amazon and Google CEOs have hinted at more layoffs as the companies continue to evaluate business