lipped from: https://www.taxscan.in/itat-remands-case-to-cita-for-reassessment-allowing-assessee-another-opportunity-to-substantiate-rs-51-20-lacs-cash-credit/456231/ ITAT Remands Case to CIT(A) for Reassessment, Allowing Assessee Another Opportunity to Substantiate Rs. 51.20 Lacs Cash Credit [Read Order] The ITAT’s decision
Category: ART
👌👌👌👌👌👌👌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
👌👌👌‘Don’t get fooled…’: Tata Memorial Hospital warn patients after Navjot Singh Sidhu’s claims on cancer cure – BusinessToday
Clipped from: https://www.businesstoday.in/india/story/dont-get-fooled-tata-memorial-hospital-warn-patients-after-navjot-singh-sidhus-claims-on-cancer-cure-454847-2024-11-23 “We urge the public to not delay their treatment by following unproven remedies, but rather to consult a doctor, preferably a cancer specialist,
👌👌👌👌👌👌👌Reassessment notice under section 148 served after date of limitation is bad-in-law: ITAT Kolkata
Clipped from: https://taxguru.in/income-tax/reassessment-notice-section-148-served-date-limitation-bad-in-law-itat-kolkata.html Pradip Chandra Roy Vs ITO (ITAT Kolkata) ITAT Kolkata held that reassessment order quashed since notice issued under section 148 of the Income
👌👌👌👌👌👌👌Immovable Property Sold at less than Stamp Duty Value – Tax Impact on Seller
Clipped from: https://taxguru.in/income-tax/immovable-property-sold-stamp-duty-tax-impact-seller.html Income-Tax Implications for the Sellers, if any Immovable Property is Sold for a consideration less than Stamp Duty Value When any person sells
👌👌👌👌👌👌👌Long-Term Capital Gains on Sale of Immovable Property in India
https://taxguru.in/income-tax/long-term-capital-gains-sale-immovable-property-india.html As per the Indian Income-tax Act, income arising from the sale of a capital asset is taxed under the head ‘Income from Capital Gains’.
AI is still augmentative rather than replacement, says Minister Palanivel Thiaga Rajan – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/ai-still-is-augmentative-rather-than-replacement-says-minister-palanivel-thiaga-rajan/article68894802.ece The volume of data collected, stored and available for analysis has grown exponentially and it is mind boggling, says minister. Palanivel Thiaga Rajan,
👌👌👌👌👌S Jaishankar’s book offers a practitioner’s view of Indian foreign policy
Clipped from: https://www.business-standard.com/book/s-jaishankar-s-book-offers-a-practitioner-s-view-of-indian-foreign-policy-124112101291_1.html While many academics and diplomats have penned books and memoirs on foreign policy, S Jaishankar’s work offers a blend of hands-on experience, insight,
👌👌👌👌👌👌👌Budget 2024: I-T dept clarifies acquisition cost of real estate bought before 2001 for LTCG calculations – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/budget-2024-i-t-dept-clarifies-acquisition-cost-of-real-estate-bought-before-2001-for-ltcg-calculations-439025-2024-07-27 The Union government has reduced LTCG tax on real estate to 12.5 percent, from 20 percent previously in the Union Budget 2024-25. However,
आवश्यक 👌👌👌👌👌👌👌FMV, circle rates and capital gains: A guide for property sellers | Mint
Clipped from: https://www.livemint.com/money/personal-finance/fmv-circle-rates-and-capital-gains-a-guide-for-property-sellers-11725779712355.html It is advisable to obtain a valuation report from a registered valuer so that one can submit the same before the tax authorities,
👌👌👌OpenAI brings ChatGPT advanced voice mode to web: What is it, how to use and more – Technology News | The Financial Express
Clipped from: https://www.financialexpress.com/life/technology-openai-brings-chatgpt-advanced-voice-mode-to-web-what-is-it-how-to-use-and-more-3670411/?ref=life_hp ChatGPT’s Advanced Voice Mode expanded: Know details OpenAI expands its advanced ‘voice mode,’ for web users (Image/Reuters) After rolling out exclusively for smartphone
👌👌👌Spam call complaints down by 20 per cent, says Trai – Technology News | The Financial Express
Clipped from: https://www.financialexpress.com/life/technology-spam-call-complaints-down-by-20-per-cent-says-trai-3670780/?ref=hometop_hp To enhance message traceability, Trai in August had issued directions mandating that all messages from senders/principal entities to recipients must be traceable from
👌👌👌👌👌Copilot is the UI for AI: Satya Nadella – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/copilot-is-the-ui-for-ai-satya-nadella/article68888483.ece Microsoft announces major expansion of Copilot into a wide range of products As ‘every app becoming an AI app’, Microsoft has announced a
👌👌👌WhatsApp Case: CCI restores user sovereignty, privacy declared a key parameter of competition – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/whatsapp-case-cci-restores-user-sovereignty-privacy-declared-a-key-parameter-of-competition/article68888926.ece Going beyond the penalty, CCI’s detailed judgement is a landmark in regulatory landscape The ruling of Competition Commission of India (CCI) in WhatsApp/Meta
Stress levels of over 40% of small-cap MF schemes higher than February amid steady inflows – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/stress-levels-of-over-40-of-small-cap-mf-schemes-higher-than-feb-amid-steady-inflows/article68889821.ece This comes as investors pour in funds despite concerns over frothy valuations The stress levels of 12 out of 28 small-cap mutual fund schemes were
👌👌👌👌👌👌👌Completion of construction not required for claiming benefit u/s. 54: ITAT Bangalore
Clipped from: https://taxguru.in/income-tax/completion-construction-required-claiming-benefit-u-s-54-itat-bangalore.html DCIT Vs Bagalur Krishnaiah Shetty Vijay Shanker (ITAT Bangalore) ITAT Bangalore held that exemption under section 54 of the Income Tax Act allowable
👌👌👌👌👌👌👌Assessment u/s. 143(3) based on material searched at third party untenable in law: ITAT Delhi
Clipped from: https://taxguru.in/income-tax/assessment-u-s-143-3-based-material-searched-party-untenable-law-itat-delhi.html Seema Jain Vs DCIT (ITAT Delhi) ITAT Delhi held that assessment u/s. 143(3) of the Income Tax Act based on material searched at
👌👌👌👌👌👌👌Direction of reopening by appellate authority without any material untenable: Kerala HC
Clipped from: https://taxguru.in/income-tax/direction-reopening-appellate-authority-material-untenable-kerala-hc.html Kings Infra Ventures Ltd Vs ACIT (Kerala High Court) Kerala High Court held that direction of reopening of assessment by appellate authority without
A more sober Trump 2.0? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/a-more-sober-trump-20/article68887012.ece He will want to avoid the mistakes of his first term There are a lot of people who are fretting and fuming about