Clipped from: https://www.thehindubusinessline.com/opinion/why-laminate-sector-must-be-in-the-pli-ambit/article66584524.ece This move will help boost exports from the sector Laminate sector: Huge export potential | Photo Credit: UNKNOWN The Covid pandemic exposed the
Author: Anil R Tikotekar
Insurers grapple with policy pricing, design as IRDAI mandates mental health, HIV cover – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/insurers-grapple-with-policy-pricing-design-as-irdai-mandates-mental-health-hiv-cover/article66583769.ece The regulatory authority’s circular has left some gaps in operational metrics of the cover owing to the lack of precedence and sufficient information
Inspection & supervision: RBI dons new clothes | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/inspection-supervision-rbi-dons-new-clothes-123030500489_1.html The Reserve Bank has not changed the objectives of supervision but how it supervises the system. And, the change is dramatic He looked
New export strategy must be a result of introspection | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/new-export-strategy-must-be-a-result-of-introspection-123030500708_1.html The 2015 Foreign Trade Policy Statement said that the government aims to increase India’s exports of merchandise and services from $465.9 billion in
Regulatory independence | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/regulatory-independence-123030500776_1.html Courts should not worry about financial market volatility The Supreme Court has put the Securities and Exchange Board of India (Sebi) in a difficult spot.
Kotak Mahindra Bank to create vertical for mid-market firms | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/kotak-mahindra-bank-to-create-vertical-for-mid-market-firms-123030500860_1.html “The bank is also upping its focus on the structured finance offerings, whose contribution in the overall wholesale book is in low single-digits
Atmanirbhar push: Rs 7,000-cr PLI boost for toys, bicycle components soon | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rs-7-000-crore-pli-scheme-boost-for-toys-bicycle-components-soon-123030500496_1.html Commerce and Industry Minister Piyush Goyal had said the finance ministry regularly keeps allocating money for PLI The government has finalised two new
👍👍👍👍👍How To Handle Inheritance Issues on the Death of a Parent/ Spouse? — Moneylife Digital Team 26 February 2021
How To Handle Inheritance Issues on the Death of a Parent/ Spouse? Moneylife Digital Team 26 February 2021 1 PERSONAL
👍👍👍👍👍AO must give TDS credit on furnishing of TDS certificate by Assessee despite mismatch with NSDL data
Clipped from: https://taxguru.in/income-tax/ao-tds-credit-furnishing-tds-certificate-assessee-despite-mismatch-nsdl-data.html Machine Tools India Ltd. Vs ACIT (ITAT Kolkata) CBDT has issued instruction from time to time to the AO’s qua the manner of
👍👍👍👍👍Additions cannot be made merely on the basis of Form 26AS
Clipped from: https://taxguru.in/income-tax/additions-basis-form-26as.html Sureshkumar K Kataria Vs DCIT (ITAT Rajkot) ITAT notes that there was mismatch in the gross income reported by the assessee viz a
👍Validity of Second notice issued under Section 148 of Income Tax Act without disposing return filed to first notice
Clipped from: https://taxguru.in/income-tax/validity-second-notice-issued-section-148-income-tax-act-disposing-return-filed-first-notice.html Messrs. Elite Pharmaceuticals And Anr Vs ITO (Calcutta High Court) A short question of law involved in this writ petition is that whether
👍👍👍👍👍Income Tax- What is New Provision of 43B For Micro & Small Enterprises
Clipped from: https://taxguru.in/income-tax/income-tax-provision-43b-micro-small-enterprises.html In order to promote timely payments to “Micro and Small Enterprises” In Budget- 2023, it is proposed to include payments made to such enterprises
👍👍👍👍👍Addition to difference in Stock as per Books and Valuation Report can’t be made without Credible Evidence: ITAT
Clipped from: https://www.taxscan.in/addition-to-difference-in-stock-as-per-books-and-valuation-report-cant-be-made-without-credible-evidence-itat-read-order/253906/ Top Stories The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that an addition on the difference in stock as per books
👍👍👍👍👍Measures taken for increasing access to credit and finance for MSME
Clipped from: https://taxguru.in/corporate-law/measures-taken-increasing-access-credit-finance-msme.html 1.19 crore borrowers benefit from guarantees amounting to Rs 3.61 lakh crore under ECLGS as on 31st January 2023 The Emergency Credit Line
👍👍👍👍👍Certification of MSME
Clipped from: https://taxguru.in/corporate-law/certification-msme.html WHO IS MSME? In accordance with the provision of Micro, Small & Medium Enterprises Development (MSMED) Act, 2006 the Micro, Small and Medium Enterprises (MSME)
👍👍👍👍👍No penalty if Assessee revises return before completion of Assessment & correct Bonafide mistake
Clipped from: https://taxguru.in/income-tax/penalty-assessee-revises-return-completion-assessment-correct-bonafide-mistake.html Shri Altaf Hussain Laskar Vs DCIT (ITAT Guwahati) The case of the assessee is that he has committed certain mistakes in computing the
👍👍👍👍👍Section 263 notice issued to a person after his death is invalid
Clipped from: https://taxguru.in/income-tax/section-263-notice-issued-person-death-invalid.html Mohammad Sharif Siddiqui (Through legal Heir Suhail Siddiqui) Vs ITO (ITAT Mumbai) In the assessment order itself, the learned Assessing Officer has mentioned
👍👍👍👍👍Rajasthan HC stays Time barred Re-assessment Proceedings
Clipped from: https://taxguru.in/income-tax/rajasthan-hc-stays-time-barred-re-assessment-proceedings.html Rajendra Bana Vs ITO (Rajasthan High Court) Shri Vedant Agarwal, learned counsel representing the petitioner drew the Court’s attention to the order dated
👍👍👍👍👍Reassessment proceedings becomes null & void if no valid service of section 148 notice
Clipped from: https://taxguru.in/income-tax/reassessment-proceedings-null-void-valid-service-section-148-notice.html Chitra Supekar Vs ITO (Bombay High Court) We have heard both counsels at length and have perused the proceedings. we agree with the