Author: Anil R Tikotekar
Read: Exit tax norms: Relief for charitable trusts
https://www.financialexpress.com/money/exit-tax-norms-relief-for-charitable-trusts/3100872/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/fe_app
Read: Why Wadia should let Go
https://www.financialexpress.com/opinion/why-wadia-should-let-go/3100883/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/fe_app
ITAT Invalidates Reassessment as Notice u/s 143(2) Not Issued Within Time Limit”
Clipped from: https://www.taxscan.in/itat-invalidates-reassessment-as-notice-u-s-1432-not-issued-within-time-limit/280202/ Top Stories The Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) recently invalidated the reassessment proceedings as notice under Section 143(2) not issued within prescribed time
Non-Compliance of Notice not Deliberate: ITAT Deletes Penalty u/s 271B
Read More: https://www.taxscan.in/non-compliance-of-notice-not-deliberate-itat-deletes-penalty-u-s-271b/280022/ Clipped from: https://www.taxscan.in/non-compliance-of-notice-not-deliberate-itat-deletes-penalty-u-s-271b/280022/ Top Stories The Kolkata Bench of Income Tax Appellate Tribunal (ITAT) has deleted the penalty under Section 271B of the Income Tax Act
Capital Gain Exemption u/s 54 Cannot be Denied Based on Inadvertent and Bonafide Typographical Error: ITAT
Clipped from: https://www.taxscan.in/capital-gain-exemption-u-s-54-cannot-be-denied-based-on-inadvertent-and-bonafide-typographical-error-itat/279957/ Top Stories The Lucknow Bench of Income Tax Appellate Tribunal (ITAT) has held that the capital gain exemption under Section 54 of the Income Tax could not
Withdrawal of ₹2,000 note, a prudent step
Clipped from: https://www.thehindubusinessline.com/opinion/withdrawal-of-2000-note-a-prudent-step/article66881795.ece With preference for digital payments rising and keeping in view its clean note policy, the RBI’s move is well-calibrated The RBI, on May
High-value notes prone to be misused: Finance secretary
Clipped from: https://www.financialexpress.com/money/high-value-notes-prone-to-be-misused-finance-secretary/3097950/ Rs 2,000 notes were introduced for a temporary purpose, says finance secretary TV Somanathan There is a long-term benefit of reducing illegal and
🙏2000 नोटा बाबत आज महाराष्ट्र टाइम्स मध्ये आलेला अग्रलेख—22.5.23 —त्यातील काही आकडेवारी—[1] सकल राष्ट्रीय उत्पादन 160 लाख कोटी रुपये [2] CBI म्हणते –काळे धन 28 लाख कोटी असावे[3] वर्ल्ड बँक म्हणते 32 लाख कोटी रुपये [4] जागतिक नाणे निधी ला वाटते 80 लाख कोटी [5] 2000 नोटा मूल्य 3.62 लाख कोटी रुपये आहे त्यातील किती काळा पैसा आहे ते यथावकाश कळेल—
काही आकडेवारी—[1] सकल राष्ट्रीय उत्पादन 160 लाख कोटी रुपये [2] CBI म्हणते –काळे धन 28 लाख कोटी असावे[3] वर्ल्ड बँक म्हणते 32 लाख कोटी रुपये
Adjustment Against Bad and Doubtful Debts Amounts to Actual Writing Off of Bad Debts: ITAT
Read More: https://www.taxscan.in/adjustment-against-bad-and-doubtful-debts-amounts-to-actual-writing-off-of-bad-debts-itat/278440/ Clipped from: https://www.taxscan.in/adjustment-against-bad-and-doubtful-debts-amounts-to-actual-writing-off-of-bad-debts-itat/278440/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Adjustment%20Against%20Bad%20and%20Doubtful%20Debts%20Amounts%20to%20Actual%20Writing%20Off%20of%20Bad%20Debts:%20ITAT Top Stories The Income Tax Appellate Tribunal (ITAT) of Ahmedabad bench has held that adjustment against bad and doubtful debts amounts to actual
Consolidation demands
Clipped from: https://www.business-standard.com/opinion/editorial/consolidation-demands-123052100857_1.html The fiscal picture could get complex Photo: Bloomberg Listen to This Article The Reserve Bank of India (RBI) board last week decided to
Provisional Attachment of Bank Account Ceases after 1 year Expiry: Delhi HC directs bank to operate account as attachment order no longer operative
Read More: https://www.taxscan.in/provisional-attachment-of-bank-account-ceases-after-1-year-expiry-delhi-hc-directs-bank-to-operate-account-as-attachment-order-no-longer-operative/278680/ Clipped from: https://www.taxscan.in/provisional-attachment-of-bank-account-ceases-after-1-year-expiry-delhi-hc-directs-bank-to-operate-account-as-attachment-order-no-longer-operative/278680/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Provisional%20Attachment%20of%20Bank%20Account%20Ceases%20after%201%20year%20Expiry:%20Delhi%20HC%20directs%20bank%20to%20operate%20account%20as%20attachment%20order%20no%20longer%20operative Top Stories A Division Bench of the Delhi High Court considered the case while relying on section 83(2) of the Central Goods