https://taxguru.in/goods-and-service-tax/bombay-hc-allows-petitioners-advocate-gst-statement-recording.html Clipped from: https://taxguru.in/goods-and-service-tax/bombay-hc-allows-petitioners-advocate-gst-statement-recording.html In a significant ruling, the Bombay High Court, in the case of Shri Prakash Kumar Rameshbhai Patel v. State of Maharashtra [Criminal Writ
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.
👍Bombay High Court Sets Time Limit for GST Tribunal Appeals
https://taxguru.in/goods-and-service-tax/bombay-high-court-sets-time-limit-gst-tribunal-appeals.html Clipped from: https://taxguru.in/goods-and-service-tax/bombay-high-court-sets-time-limit-gst-tribunal-appeals.html Essar Steel Suppliers Vs Union of India & Ors. (Bombay High Court) In a recent case, M/s Essar Steel Suppliers v. Union
👍👍👍👍👍👍👍Bonafide Belief Shields Appellant from Extended Period invocation for Service Tax Liability
https://taxguru.in/service-tax/bonafide-belief-shields-appellant-extended-period-invocation-service-tax-liability.html Clipped from: https://taxguru.in/service-tax/bonafide-belief-shields-appellant-extended-period-invocation-service-tax-liability.html Heena Enterprises Vs Commissioner of Central Excise & ST (CESTAT Ahmedabad) In the case of Heena Enterprises Vs Commissioner of Central Excise &
👍👍👍👍👍👍👍Critical Role of Initial Enquiry under Section 148A(a) for Taxpayer Protection
https://taxguru.in/income-tax/critical-role-initial-enquiry-section-148a-a-taxpayer-protection.html Clipped from: https://taxguru.in/income-tax/critical-role-initial-enquiry-section-148a-a-taxpayer-protection.html Section 148A, allows for the reopening of assessments where income chargeable to tax has escaped assessment but before AO issue an order
👍👍👍👍👍👍👍50th GST Council meeting’s 15 Major Decisions
https://taxguru.in/company-law/50th-gst-council-meetings-15-major-decisions.html Clipped from: https://taxguru.in/company-law/50th-gst-council-meetings-15-major-decisions.html The 50th Meeting of the GST Council was held on 11th July 2023 in New Delhi, under the chairpersonship of the Union
Order cancelling GST registration passed without assigning reason is non-speaking order
https://taxguru.in/goods-and-service-tax/order-cancelling-gst-registration-passed-assigning-reason-non-speaking-order.html Clipped from: https://taxguru.in/goods-and-service-tax/order-cancelling-gst-registration-passed-assigning-reason-non-speaking-order.html Om Trading Vs State of Gujarat (Gujarat High Court) Gujarat High Court held that order for cancellation of registration passed without assigning
👍👍👍👍👍Ex-parte order passed without considering submission is non-speaking order
https://taxguru.in/income-tax/ex-parte-order-passed-submission-non-speaking-order.html Clipped from: https://taxguru.in/income-tax/ex-parte-order-passed-submission-non-speaking-order.html Leela Devi Jain Vs ITO (ITAT Jaipur) ITAT Jaipur held that ex-parte order passed without considering and dealing with the submission of
👍👍👍👍👍The Kolkata bench of the Income Tax Appellate Tribunal (ITAT) held that the income earned by the co-operative society is eligible for deduction under Section 80P(2)(a)(i) of the Income Tax Act, 1961.
Clipped from: https://www.taxscan.in/income-earned-by-co-operative-society-is-eligible-for-deduction-u-s-80p2ai-of-income-tax-act-itat/298355/ Top Stories Income Earned by Co-operative Society is eligible for Deduction u/s 80P(2)(a)(i) of Income Tax Act: ITAT [Read Order] The Kolkata bench Section 80P(2)(a)(i) of
Addition due to mismatch in 26AS and in books of account unsustained as difference duly explained
https://taxguru.in/income-tax/addition-due-mismatch-26as-books-account-unsustained-difference-duly-explained.html Clipped from: https://taxguru.in/income-tax/addition-due-mismatch-26as-books-account-unsustained-difference-duly-explained.html DCIT Vs Connect Residuary Pvt Ltd (ITAT Mumbai) ITAT Mumbai held that addition on account of mismatch between the income reported under
Capital Goods imported under Zero Duty EPCG Scheme is Eligible for Exemption : CESTAT Dismisses Appeal of Revenue
Clipped from: https://www.taxscan.in/capital-goods-imported-under-zero-duty-epcg-scheme-is-eligible-for-exemption-cestat-dismisses-appeal-of-revenue/299823/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Capital%20Goods%20imported%20under%20Zero%20Duty%20EPCG%20Scheme%20is%20Eligible%20for%20Exemption%20:%20CESTAT%20Dismisses%20Appeal%20of%20Revenue Top Stories The Chennai bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) dismissed the appeal filed by the revenue on the ground of imported
Revisionary Powers u/s 263 of Income Tax Act not prevails if AO Conducts Inquiry and Verification during Assessment: ITAT quashes Revision Order
Read More: https://www.taxscan.in/revisionary-powers-u-s-263-of-income-tax-act-not-prevails-if-ao-conducts-inquiry-and-verification-during-assessment-itat-quashes-revision-order-read-order/299162/ Clipped from: https://www.taxscan.in/revisionary-powers-u-s-263-of-income-tax-act-not-prevails-if-ao-conducts-inquiry-and-verification-during-assessment-itat-quashes-revision-order-read-order/299162/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Revisionary%20Powers%20u/s%20263%20of%20Income%20Tax%20Act%20not%20prevails%20if%20AO%20Conducts%20Inquiry%20and%20Verification%20during%20Assessment:%20ITAT%20quashes%20Revision%20Order Top Stories The Pune Bench of Income Tax Appellate Tribunal has quashed the revisionary order passed by the Principal Commissioner of Income Tax (PCIT) under Section 263
Rent Paid to Wife Eligible for HRA Deduction u/s 10(13A) of Income Tax Act: ITAT
Read More: https://www.taxscan.in/rent-paid-to-wife-eligible-for-hra-deduction-u-s-1013a-of-income-tax-act-itat/300201/ Clipped from: https://www.taxscan.in/rent-paid-to-wife-eligible-for-hra-deduction-u-s-1013a-of-income-tax-act-itat/300201/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Rent%20Paid%20to%20Wife%20Eligible%20for%20HRA%20Deduction%20u/s%2010(13A)%20of%20Income%20Tax%20Act:%20ITAT Top Stories In a significant ruling, the Income Tax Appellate Tribunal (ITAT), Delhi bench has held that the rental amount paid to wife is eligible
Depreciation Allowable only on Fixed Assets not used for Commercial Purpose: ITAT
Clipped from: https://www.taxscan.in/depreciation-allowable-only-on-fixed-assets-not-used-for-commercial-purpose-itat/299193/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Depreciation%20Allowable%20only%20on%20Fixed%20Assets%20not%20used%20for%20Commercial%20Purpose:%20ITAT Top Stories The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) held that depreciation is allowable only on fixed assets not used for commercial
Modi’s push to take Indian rupee global gets off to a slow start
Modi’s push to take Indian rupee global gets off to a slow start https://economictimes.indiatimes.com/news/india/modis-push-to-take-indian-rupee-global-gets-off-to-a-slow-start/articleshow/101557344.cms Download Economic Times App to stay updated with Business News –
🙏Google Play Games for PC beta launches in India, 60 other countries
https://www.business-standard.com/companies/news/google-play-games-for-pc-beta-launches-in-india-60-other-countries-123071400503_1.html Clipped from: https://www.business-standard.com/companies/news/google-play-games-for-pc-beta-launches-in-india-60-other-countries-123071400503_1.html App now available in over 120 regions; users in India can access it in English and Hindi; game libraries are synced across
🙏Exports see sharpest decline in 3 years; trade deficit narrows to $20.1 bn
https://www.business-standard.com/economy/news/exports-at-eight-month-low-in-june-at-22-imports-down-17-govt-data-123071400748_1.html Clipped from: https://www.business-standard.com/economy/news/exports-at-eight-month-low-in-june-at-22-imports-down-17-govt-data-123071400748_1.html Merchandise exports witnessed contraction in 21 of the 30 key sectors in June Listen to This Article India’s merchandise exports in June
Data Protection Bill: Sweeping power to govt may dilute user protection, say experts – The Hindu BusinessLine
https://www.thehindubusinessline.com/info-tech/data-protection-bill-sweeping-power-to-govt-may-dilute-user-protection-say-experts/article67076205.ece lipped from: https://www.thehindubusinessline.com/info-tech/data-protection-bill-sweeping-power-to-govt-may-dilute-user-protection-say-experts/article67076205.ece The revised version of the data protection bill, which is doing the rounds amongst industry stakeholders, is continuing to provide exemptions to
Factory inflation slide further in June, reached 8 years low of (-)4.12% – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/factory-inflation-slide-further-in-june-reached-8-years-low-of-412/article67079427.ece Clipped from: https://www.thehindubusinessline.com/economy/factory-inflation-slide-further-in-june-reached-8-years-low-of-412/article67079427.ece Fall in prices of food products pushes factory inflation to eight-year low Factory inflation based on Wholesale Price Index (WPI) slipped further
🙏Exports fall 22 per cent to $33 billion in June – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/exports-fall-22-per-cent-in-june-to-3297-bn/article67079513.ece?cx_testId=28&cx_testVariant=cx_1&cx_artPos=0&cx_experienceId=EX5KXF1FQK61#cxrecs_s Imports fall 17.5 per cent to $53 billion; trade deficit declines to $20 billion Exports of goods from India declined for the fifth consecutive
