Clipped from: https://www.cbsnews.com/news/federal-reserve-silicon-valley-bank-collapse-svb-failure/ The sudden collapse of Silicon Valley Bank last month was due to a combination of extremely poor bank management, weakened regulations and lax
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.
👍Forfeiture of Earnest Money is Expenditure: ITAT deletes Disallowance
lipped from: https://www.taxscan.in/forfeiture-of-earnest-money-is-expenditure-itat-deletes-disallowance/272866/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Forfeiture%20of%20Earnest%20Money%20is%20Expenditure:%20ITAT%20deletes%20Disallowance Top Stories The Kolkata bench of the Income Tax Appellate Tribunal (ITAT) has held thatthe forfeiture of earnest money from OMDC is an expenditure and deleted the
👍👍👍👍👍👍👍Target, policy mismatch: Renewable energy developers set higher hurdles
Clipped from: https://www.business-standard.com/economy/analysis/india-s-renewable-energy-tendering-targets-outstrip-policy-enablers-123042800711_1.html India’s latest tendering target is a case of ambition overtaking the policy environment for doing business Indian developers of renewable energy projects are
👍Wipro Q4: Buyback pill not a panacea for weak fundamental health – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/stock-fundamental-analysis-india/wipro-q4-buyback-pill-not-a-panacea-for-weak-fundamental-health/article66786341.ece With the stock trading at 18 times trailing PE amid weak earnings growth prospects, long term investors can avoid the stock for now.
👍Gujarat’s mandatory PSU dividend and buyback policy is wrong – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/editorial-gujarats-mandatory-psu-dividend-and-buyback-policy-is-wrong/article66789956.ece Gujarat government must explore freeing up capital from its ailing enterprises, so that the promising ones can pursue their growth ambitions Unhappy with
The limits to sourcing Russian oil – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-limits-to-sourcing-russian-oil/article66790501.ece PETRO BLUES India cannot ignore its traditional suppliers from the Gulf countries. Increasing Russian oil purchases beyond a point can have economic, strategic
👍India’s core industries growth rate dips to five-month low of 3.6% in March 2023 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/indias-core-industries-growth-rate-dips-to-five-month-low-of-36-in-march-2023/article66789782.ece Output growth for the entire 2022-23 came in at 7.6 per cent, lower than the 10.4 per cent achieved in previous fiscal The
👍👍👍👍👍👍👍Disabled need legal aid – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/disabled-need-legal-aid/article66786020.ece This will help them contribute to society more India’s Rights of Persons with Disabilities Act of 2016 is a vital law that intends
👍👍👍👍👍India’s demographic dividend: More talked about than actually encashed
Clipped from: https://www.business-standard.com/opinion/columns/india-s-demographic-dividend-more-talked-about-than-actually-encashed-123042800964_1.html In a country that often touts achievements ahead of their actually being achieved, the story about the demographic dividend being largely wasted is
👍👍👍👍👍Reassessment beyond four years is invalid if no failure to disclosure by Assessee during original assessment
Clipped from: https://taxguru.in/income-tax/reassessment-years-invalid-failure-disclosure-assessee-original-assessment.html S. Ramamirtham Vs ITO (ITAT Chennai) It is an admitted fact that the original assessment has been completed u/s. 143(3) of the Act
👍👍👍👍👍Depreciation on goodwill cannot be rejected merely because performance didn’t match projection
Clipped from: https://taxguru.in/income-tax/depreciation-goodwill-rejected-performance-didnt-match-projection.html DCIT Vs Global Fairs & Media Pvt Ltd. (ITAT Delhi) ITAT Delhi held that depreciation on goodwill cannot be rejected merely because performance
👍👍👍👍👍👍👍Complete Case Digest of Maharashtra AAR (Part 3)
Clipped from: https://www.taxscan.in/complete-case-digest-of-maharashtra-aar-part-3/272174/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Complete%20Case%20Digest%20of%20Maharashtra%20AAR%20(Part%203) Top Stories The Maharashtra GST AAR refers to the Advance Ruling Authority (AAR) for the state of Maharashtra under India’s Goods and Services
👍👍👍👍👍👍👍Denying cross examination of witnesses and non-supplying of records renders proceeding untenable
Clipped from: https://taxguru.in/excise-duty/denying-cross-examination-witnesses-non-supplying-records-renders-proceeding-untenable.html Gopi Biri Factory Vs Commissioner of CGST & Excise, Siliguri (CESTAT Kolkata) CESTAT Kolkata held that denial of cross examination of witnesses and
👍👍👍👍👍👍👍Notice u/s 148 of Income Tax Act lacks record
Clipped from: https://www.taxscan.in/notice-u-s-148-of-income-tax-act-lacks-record-of-reasons-to-believe-for-initiating-proceedings-itat-quashes-re-assessment-order/272837/ Top Stories According to the counsel, it is a prerequisite that reasons to believe recorded by the AO for initiating the proceedings under
👍👍👍👍👍👍👍No Unjust Enrichment when Goods Sold to Customer at Lower Price: CESTAT
Clipped from: https://www.taxscan.in/no-unjust-enrichment-when-goods-sold-to-customer-at-lower-price-cestat/272506/ Top Stories The Chandigarh bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that no scope for unjust enrichment when goods are sold
👍👍👍Issuance of Notice under Section 148 without Approval of Higher Authorities: ITAT quashes Assessment Order
Clipped from: https://www.taxscan.in/issuance-of-notice-under-section-148-without-approval-of-higher-authorities-itat-quashes-assessment-order/272958/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Issuance%20of%20Notice%20under%20Section%20148%20without%20Approval%20of%20Higher%20Authorities:%20ITAT%20quashes%20Assessment%20Order Top Stories The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has recently, in an appeal filed before it, on finding about the issuance
