Clipped from: https://www.taxscan.in/interest-salary-received-by-partner-from-firm-not-assessable-as-other-income-itat-read-order/268395/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Interest/%20Salary%20received%20by%20Partner%20from%20Firm%20Not%20Assessable%20as%20%E2%80%9COther%20Income%E2%80%9D:%20ITAT Top Stories The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) has held that interest/ salary received by a partner from a firm is not assessable
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.
Penaltyu/s 271(c) of Income Tax not leviable in Absence of Proper Show Cause Notice to the Assessee: ITAT
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 Top Stories The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the penalty is not leviable in absence of proper show cause
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 Top Stories The Madras High Court held that a Reassessment made after 4 years for a mere change of opinion is not valid.
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: Top Stories Delhi High Court in its recent judgement held that information about the goods must be produced within a reasonable time by
👍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
