Clipped from: https://taxguru.in/income-tax/indexation-benefit-admissible-respect-assets-held-foreign-countries-itat-mumbai.html DCIT Vs Aarav Fragrances and Flavors Pvt. Ltd. (ITAT Mumbai) ITAT Mumbai held that benefit of cost inflation index admissible as per second
Category: ART
1👍👍👍👍👍👍👍Denial of capital gain exemption u/s 54F for property described in registered sale deed as “Makaan” was justified as having Brick-Kiln construction
Clipped from: https://taxguru.in/income-tax/denial-capital-gain-exemption-u-s-54f-property-registered-sale-deed-makaan-justified-brick-kiln-construction.html Himanshu Garg VS ACIT (Delhi High Court) Conclusion: Tribunal was justified in declining capital gain exemption under Section 54F with respect to a property
1👍👍👍👍👍👍👍Reassessment on basis of Insight Portal Information must be u/s 147/148 if jurisdictional condition u/s 153C was not satisfied
lipped from: https://taxguru.in/income-tax/reassessment-basis-insight-portal-information-u-s-147-148-jurisdictional-condition-u-s-153c-satisfied.html Daisy Distributors Pvt. Ltd. Vs ITO (Delhi High Court) Conclusion: Where jurisdictional condition for AO of assessee to assume jurisdiction under Section 153C was
1👍👍👍👍👍👍👍CIT(A) failed to examine the validity of jurisdiction u/s. 148 hence matter remanded: ITAT Delhi
Clipped from: https://taxguru.in/income-tax/citafailed-examine-validity-jurisdiction-u-s-148-matter-remanded-itat-delhi.html Trinity Touch Pvt Ltd Vs ACIT (ITAT Delhi) ITAT Delhi remanded the matter back to CIT(A) since CIT(A) failed to examined the validity
1👍👍👍👍👍👍👍Fair market value on area allotted under occupancy certificated accepted: ITAT Bangalore
Clipped from: https://taxguru.in/income-tax/fair-market-area-allotted-occupancy-certificated-accepted-itat-bangalore.html ITO Vs Govindappa Jayaram Doddiah (HUF) (ITAT Bangalore) ITAT Bangalore held that CIT(A) rightly accepted the fair market value on the area allotted
AI adoption in India faces challenges such as skills gap, cybersecurity risks, and regulatory uncertainties, hindering implementation and trust. – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/ai-adoption-in-india-faces-challenges-such-as-skills-gap-cybersecurity-risks-and-regulatory-uncertainties-hindering-implementation-and-trust/article68995100.ece The survey, which covered over 4,200 top executives and AI decision-makers, examined AI adoption challenges and opportunities As artificial intelligence becomes all-pervasive transforming
👍Only 6.68% of population filed income tax return in FY24: Govt tells House | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/only-6-68-of-population-filed-income-tax-return-in-fy24-govt-tells-house-124121700768_1.html He further said total number of individuals reporting zero taxable income in their ITRs is 4.90 crore in Assessment Year 2023-24, up from
👍88 mn women screened for cervical cancer under national programme: Govt | Health News – Business Standard
Clipped from: https://www.business-standard.com/health/88-mn-women-screened-for-cervical-cancer-under-national-programme-govt-124121701105_1.html Under the same programme, over 14 crore were screened for breast cancer and more than 26 crore for oral cancer Nearly 56,000 breast
👍HDFC Bank refunds Rs 2.9 Cr to woman in fraud case. Things to keep in mind | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/hdfc-bank-refunds-rs-2-9-cr-to-woman-in-fraud-case-things-to-keep-in-mind-124121600832_1.html HDFC Bank reimbursed Rs 2.9 crore to Meenakshi Kapuria after Rs 3 crore fraud by her relationship manager. The Bombay HC urges RBI
India to be global hub for renewable energy in next 30 years: US Ambassador | External Affairs Defence Security News – Business Standard
Clipped from: https://www.business-standard.com/external-affairs-defence-security/news/india-to-be-global-hub-for-renewable-energy-in-next-30-years-us-ambassador-124121600942_1.html The outgoing ambassador was speaking at the South Asia Women in Energy leadership summit hosted by the US-India Strategic Partnership Forum (USISPF) The
👌👌👌👌👌’800 mn Indians in poverty’: Narayana Murthy calls for hard work, ambition | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/we-indians-have-a-lot-to-do-narayana-murthy-defends-70-hour-workweek-124121600353_1.html Infosys co-founder Narayana Murthy advocates for a 70-hour workweek, urging youth to work hard for India’s progress; underlines the importance of job creation
unitedhealthcare ceo Brian Thompson killed by Luigi Mangione health insurance claim delay similar situation in india अन्यथा : दवा, दुआ, दावा!
Clipped from: https://www.loksatta.com/sampadkiya/columns/unitedhealthcare-ceo-brian-thompson-killed-by-luigi-mangione-health-insurance-claim-delay-similar-situation-in-india-css-98-4767912/ अन्यथा : दवा, दुआ, दावा! काही कारणाने रुग्णालयात दाखल व्हायची वेळ येते तेव्हा अनेकांकडे वैद्यकीय विमा नसतो आणि ज्यांच्याकडे असतो त्यांना आजार परवडला,
Major milestone! UPI hit record 15,547 crore transactions worth Rs 223 lakh crore by November 2024 The Unified Payments Interface (UPI) has processed 15,547 crore transactions totalling Rs 223 lakh crore from January to November this year, as reported b – BusinessToday
Clipped from: https://www.businesstoday.in/technology/news/story/major-milestone-upi-hit-record-15547-crore-transactions-worth-rs-223-lakh-crore-by-november-2024-457353-2024-12-14 UPI’s success can be attributed not only to its robust infrastructure but also to a shift in consumer behavior. Trust in the system
👌👌👌👌👌how to recover accidentally deleted WhatsApp chats: WhatsApp चॅट चुकून डिलीट झाली? रिकव्हर करण्यासाठी ‘हे’ काम करा । Maharashtra Times
Clipped from: https://marathi.indiatimes.com/gadget-news/science-technology/how-to-recover-accidentally-deleted-whatsapp-chats/articleshow/116294533.cms WhatsApp चॅट चुकून डिलीट होते, असं तुमच्यासोबत अनेकदा होत असेल. पण, अशा वेळी काय करावं, हे समजत नाही. कारण, आपल्याकडून चुकून डिलीट झालेली
Moody’s Ratings cut France’s credit grade, heaps pressure on new govt | World News – Business Standard
Clipped from: https://www.business-standard.com/world-news/moody-s-ratings-cut-france-s-credit-grade-heaps-pressure-on-new-govt-124121400690_1.html In an unscheduled change, Moody’s lowered its assessment of the euro area’s second-biggest economy to Aa3 from Aa2, three levels below the maximum
Indian students in Canada in panic after Ottawa seeks documents afresh
Indian students in Canada in panic after Ottawa seeks documents afresh https://timesofindia.indiatimes.com/india/indian-students-in-canada-in-panic-after-ottawa-seeks-docus-afresh/articleshow/116300386.cms Download the TOI app now: https://timesofindia.onelink.me/mjFd/toisupershare
👌👌👌Higher tax will drive capital away, says CEA V Anantha Nageswaran | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/higher-tax-will-drive-capital-away-says-cea-v-anantha-nageswaran-124121301024_1.html Rejecting the idea of a “billionaire tax” suggested by noted economist Thomas Piketty, Nageswaran said, “Not all problems can be solved through fiat”
Digital arrest scam: NPCI issues guidelines to combat cybercrime, emerging risk – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/news/story/digital-arrest-scam-npci-issues-guidelines-to-combat-cybercrime-emerging-risk-457287-2024-12-13 The ‘Digital Arrest’ scheme is a recent form of cyber scam in which criminals pose as law enforcement authorities, such as police officers
👌👌👌👌👌भारतातील मानसिक आरोग्याचे धोरण आणि कायदे——
भारतातील मानसिक आरोग्याचे धोरण आणि कायदे १३ आणि १४ जानेवारी रोजी मिलिंद कला महाविद्यालय, छत्रपती संभाजीनगर येथे मराठी मानसशात्र परिषदेचे ३७ वे राज्यस्तरीय वार्षिक अधिवेशन
Trump’s immigration crackdown: Nearly 18,000 Indians at risk of deportation | External Affairs Defence Security News – Business Standard
Clipped from: https://www.business-standard.com/external-affairs-defence-security/news/trump-s-immigration-crackdown-nearly-18-000-indians-at-risk-of-deportation-124121300775_1.html Trump’s administration is ramping up deportation efforts, with 18,000 undocumented Indians at risk of being sent back to India Representative Image Listen to