https://taxguru.in/income-tax/reassessment-order-quashed-mandatory-requirement-notice-u-s-143-2-complied.html Anand Sawroop Vs ITO (ITAT Chandigarh) ITAT Chandigarh held that reassessment order under section 147 of the Income Tax Act cannot be passed without
Category: ART
👌👌👌👌👌👌👌Calcutta HC Stays Section 148 Notice in Anup Kumar Case
https://taxguru.in/income-tax/calcutta-hc-stays-section-148-notice-anup-kumar-case.html Anup Kumar Agarwal Vs Union of India & Ors. (Calcutta High Court) In the case of Anup Kumar Agarwal Vs. Union of India & Ors., the
👌👌👌👌👌👌👌Rajasthan HC Quashes Reassessment Order in Search Case
https://taxguru.in/income-tax/rajasthan-hc-quashes-reassessment-order-in-search-case.html Clipped from: https://taxguru.in/income-tax/rajasthan-hc-quashes-reassessment-order-in-search-case.html Shiv Vegpro Private Limited Vs Deputy / Assistant Commissioner Of Income Tax (Rajasthan High Court) In the case of Shiv Vegpro Private Limited
👌👌👌👌👌Key Changes in GST Annual Return for FY 2023-24: Input Tax Credit Mismatch Risks
Clipped from: https://www.taxscan.in/one-change-in-table-8a-of-gstr-2a-check-now-or-might-ruin-your-itc-claims-in-gst-annual-return-gstr-9/460830/ The Goods and Services Tax ( GST ) Annual Return GSTR-9 for FY 2023-24 has introduced significant changes, particularly in how Input Tax
👌👌👌👌👌ITAT deletes addition on alleged Bogus LTCG due to procedural lapses and denial of cross-examination
Clipped from: https://www.taxscan.in/itat-deletes-addition-on-alleged-bogus-ltcg-due-to-procedural-lapses-and-denial-of-cross-examination-rights/460725/ In a recent ruling, the Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) deleted the additions related to alleged bogus
आवश्यक 👌👌👌👌👌Cost Inflation Index (CII): Meaning, Table, Calculation – IndiaFilings
Clipped from: https://www.indiafilings.com/learn/cost-inflation-index/ Last updated: September 16th, 2024 12:48 PM “The Cost Inflation Index (CII) in India for the financial year 2024-25 is 363.”The Cost Inflation
👌👌👌👌👌👌👌Reassessment quashed as reasons supplied to assessee & to higher forum were not same
Clipped from: https://taxguru.in/income-tax/reassessment-quashed-reasons-assessee-higher-forum-exact.html Nvidia Graphics Pvt. Ltd. Vs ACIT (ITAT Bangalore) ITAT Bangalore held that when the reasons supplied to the assessee and the reasons supplied
👌👌👌👌👌👌👌Are Your Advance Tax Payments on Course? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/are-your-advance-tax-payments-on-course/article68926896.ece With the December 15 deadline fast approaching, a lowdown on advance tax quarterly payments December 15, the deadline for payment of the next
👌👌👌👌👌👌👌No Section 54 Exemption for Plywood Structures: Delhi HC
https://taxguru.in/income-tax/exemption-u-s-54-admissible-structure-putting-plywood-sheets-delhi-hc.html Clipped from: https://taxguru.in/income-tax/exemption-u-s-54-admissible-structure-putting-plywood-sheets-delhi-hc.html Sandeep Hooda Vs PCIT (Delhi High Court) Delhi High Court held that putting together a structure of plywood sheets cannot be construed
Editorial-‘Personal’ trends in income tax – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/personal-trends-in-income-tax/article68924069.ece Agriculture income and the super-rich should be taxed The Income Tax Department of the Central Board of Direct Taxes (CBDT) released the Time
👌👌👌US Employment-based Green Cards: Majority of beneficiaries were family members of workers – Investing Abroad News | The Financial Express
Clipped from: https://www.financialexpress.com/business/investing-abroad-48-percent-of-employment-based-us-green-cards-issued-to-foreign-workers-52-percent-to-their-family-members-3677780/?ref=abroad_hp In 2023, only 48% of employment-based Green Cards were issued to workers, while 52% were given to their family members. (Bloomberg) United States
👌👌👌👌👌AI adoption faces hurdles amid growing business demand – Digital Transformation News | The Financial Express
lipped from: https://www.financialexpress.com/business/digital-transformation-ai-adoption-faces-hurdles-amid-growing-business-demand-3678755/?ref=hometop_hp One of the most pressing obstacles is the skill gap within organisations. Another significant challenge is data availability and management. (Bloomberg) As businesses
👌👌👌👌👌RBI Deputy Governor red-flags diversion of funds by some MSMEs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-deputy-governor-red-flags-diversion-of-funds-by-some-msmes/article68910927.ece It is important for them to use bank funds for the purpose they were borrowed for, RBI Deputy Governor Swaminathan J said RBI
👌👌👌Personal Income tax collections bolster the overall tax revenue growth in H1 FY25 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/personal-income-tax-collections-bolster-the-overall-tax-revenue-growth-in-h1-fy25/article68918562.ece Analysis of tax revenues during April-September 2024 from CGA shows that total tax revenue (gross) grew at 12 per cent year on year
👌👌👌Promotion effective only after assuming duty, not from date of vacancy: SC | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/promotion-effective-only-after-assuming-duty-not-from-date-of-vacancy-sc-124112701050_1.html The apex court delivered its verdict on an appeal filed by the West Bengal government and others challenging a February 2023 judgement of
👌👌👌PM Modi on digital Arrest in India: Rs 11,333 crore lost in cyber frauds till Sep, PM warns of ‘digital arrest’ | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/rs-11-333-crore-lost-in-cyber-frauds-till-sep-pm-warns-of-digital-arrest-124112700589_1.html Stock trading scams emerged as the biggest culprit, with 228,094 complaints filed, incurring losses of Rs 4,636 crore (Photo: Shutterstock) India incurred losses
👌👌👌Govt blocks 669K SIM cards, 132K IMEIs to curb cybercrimes, Centre tells RS | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/govt-blocks-669k-sim-cards-132k-imeis-to-curb-cybercrimes-centre-tells-rs-124112701164_1.html Directions have been issued to the TSPs for blocking of such incoming international spoofed calls The citizen financial cyber fraud reporting and management
👌👌👌👌👌👌👌PAN 2.0: Upgraded e-PAN will be issued to you free of cost on your email id; check more details – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/pan-20-upgraded-e-pan-will-be-issued-to-you-free-of-cost-on-your-email-id-check-more-details-455257-2024-11-27 PAN 2.0 is an e-governance project designed to modernise the taxpayer registration process through technology. Under the PAN 2.0 Project, the updated card
Indians see wallets drain by Rs 485 crore in ‘UPI scams’ in FY25
Clipped from: https://www.business-standard.com/economy/news/indians-see-wallets-drained-by-rs-485-cr-in-upi-scams-124112601339_1.html Over 600,000 incidents of fraud have been reported in the ongoing financial year till September (Photo: Shutterstock) Indians have lost Rs 485 crore
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