Clipped from: https://www.financialexpress.com/money/income-tax/your-queries-income-tax-cannot-deduct-stamp-duty-for-computing-capital-gains/2948726/ Your queries: Income Tax – Cannot deduct stamp duty for computing capital gains There are no provisions for concession in stamp duty payable
Author: Anil R Tikotekar
👍👍👍Know how to avail of presumptive tax scheme | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/tax-talk-know-how-to-avail-of-presumptive-tax-scheme/2983889/ In Budget 2023, the finance minister extended the option of presumptive taxation scheme to those professionals with gross receipts of less than `75
👍👍👍Retailers, wholesalers top MSME registrations on Udyam portal: Govt data | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-retailers-wholesalers-top-msme-registrations-on-udyam-portal-govt-data/2985923/ Ease of doing business for MSMEs: Retail and wholesale trades were added to the MSME definition for priority sector lending benefits from banks.
👍👍👍Much-needed easing | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/much-needed-easing/2986147/ New organ donation guidelines will help, but to see a meaningful difference, India needs many more donors Scrapping the domicile rule should improve
👍👍GST Tribunal: Principal bench to decide on inter-state supply | The Financial Express
Clipped from: https://www.financialexpress.com/economy/gst-tribunal-principal-bench-to-decide-on-inter-state-supply/2986075/ No threshold has been set for hearing of matters but it is likely to be done based on internal limits, as in the
🙏🙏🙏🙏🙏 SEBI should make AMCs more accountable – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/sebi-should-make-amcs-more-accountable/article66517286.ece SEBI paper reviews the role of trustees to curb lapses SEBI should make AMCs more accountable instead of increasing obligations of MF trustees
Addition of Deemed Rent cannot be made in respect of a Non-Habitable Residential Flat: ITAT
Clipped from: https://www.taxscan.in/addition-of-deemed-rent-cannot-be-made-in-respect-of-a-non-habitable-residential-flat-itat-read-order/254874/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Addition%20of%20Deemed%20Rent%20cannot%20be%20made%20in%20respect%20of%20a%20Non-Habitable%20Residential%20Flat:%20ITAT The Income Tax Appellate Tribunal ( ITAT ), Kolkata Bench, has recently, in an appeal filed before it, held that addition of deemed rent cannot be
SEBI should make AMCs more accountable – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/sebi-should-make-amcs-more-accountable/article66517286.ece SEBI paper reviews the role of trustees to curb lapses SEBI should make AMCs more accountable instead of increasing obligations of MF trustees
How will soaring CPI inflation impact RBI, Centre’s actions? – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/blexplainer/how-will-soaring-cpi-inflation-impact-rbi-centres-actions/article66511341.ece The cause and effect of high CPI inflation REUTERS Food and beverages, excluding vegetables, with a weight of over 54 per cent in
Private investments are driving growth in sectors like renewable energy: FM Nirmala Sitharaman – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/private-investments-are-happening-says-sitharaman/article66517419.ece Finance Secretary rules out direct overseas borrowing by government Finance Minister Nirmala Sitharaman speaks at a dialogue organised by Doordarshan on ‘Amrit Kaal’
👍👍👍👍What does the hike in retail inflation mean? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/multimedia/audio/what-does-the-hike-in-retail-inflation-mean/article66507537.ece Retail inflation based on Consumer Price Index for January rose to 3 months high of 6.25%. What will happen on policy rate movements?
👍👍👍👍All about Expected credit loss – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/multimedia/audio/all-about-expected-credit-loss/article66496917.ece February 11, 2023 – Updated 04:14 pm IST What is ECL and can it alter the way banks are looking at bad loans?
🙏🙏🙏🙏🙏RBI clarification on digital lending: Here’s about interest rates, charges and recoveries – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/rbi-clarification-on-digital-lending-heres-about-interest-rates-charges-and-recoveries/article66520616.ece BORROW SMART The banking regulator’s FAQ throws light on multiple pain points of borrowers In the case of floating rate loans, APR may
👍Microsoft limits Bing chats to 5 questions per session, 50 per day – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/microsoft-limits-bing-chats-to-5-questions-per-session-50-per-day/article66523911.ece Long chat sessions can confuse the underlying chat model in the new Bing, and to address this, we’ve implemented some changes, says Microsoft
👍How to financially shield your business against cyber attacks – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/insurance-query-how-to-financially-shield-your-business-against-cyber-attacks/article66520470.ece You should consider a cyber insurance policy that covers data breach and privacy liability, business interruption cover as well as cyber extortion protection
👍👍👍Tax Query: When deduction towards principal repayment of a home loan is allowed – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/tax-query-when-deduction-towards-principal-repayment-of-a-home-loan-is-allowed/article66516585.ece In this instance, the individual is a senior citizen who has retired and receives a pension income As co-owner of flat and a
👍GST Council sets the ball rolling on Appellate Tribunal, but with some tweaks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/gst-council-sets-the-ball-rolling-on-appellate-tribunal-but-with-some-tweaks/article66525973.ece It is expected that the Tribunal will be in place by the year end Finance Minister Nirmala Sitharaman addressing a press conference on
👍Non-Compliance of Notice and Non-Submission of Details: ITAT Refuses to Condone Delay of 927 Days in filing of Appeal
Clipped from: https://www.taxscan.in/non-compliance-of-notice-and-non-submission-of-details-itat-refuses-to-condone-delay-of-927-days-in-filing-of-appeal-read-order/255189/ The Income Tax Appellate Tribunal ( ITAT ), Kolkata Bench, has recently, in an appeal filed before it, refused to condone the delay of 927 days
👍Non-Response to Notice due to Negligence of Chartered Accountant/ Income Tax Practitioner: Madras HC directs Re-Adjudication
Clipped from: https://www.taxscan.in/non-response-to-notice-due-to-negligence-of-chartered-accountant-income-tax-practitioner-madras-hc-directs-re-adjudication/254749/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Non-Response%20to%20Notice%20due%20to%20Negligence%20of%20Chartered%20Accountant/%20Income%20Tax%20Practitioner:%20Madras%20HC%20directs%20Re-Adjudication By Aparna. M – On February 17, 2023 11:30 am – 2 mins read The Madras High court has recently directed to the Income tax authority for
👍Where’s the money? | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/wheres-the-money/2985139/ Private participation in higher education has become inevitable, but without much larger public investment, the goals of expansion, equity and excellence can’t be