Clipped from: https://www.business-standard.com/india-news/10-indians-per-hour-caught-at-us-borders-over-90-000-arrested-in-fy24-124102500994_1.html Despite increased security, the allure of the US remains strong for Indians, especially Gujaratis, with over 90,000 illegal entry attempts recorded in FY24,
Category: ART
👌👌👌👌👌ITAT quashes Income Tax Assessment Due to Lack of Higher Authority Approval Reopening Beyond 3 Years
Clipped from: https://www.taxscan.in/itat-quashes-income-tax-assessment-due-to-lack-of-higher-authority-approval-u-s-151-for-reopening-beyond-3-years-read-order/450274/ Considering the revenue failed to get higher authority approval before reopening the assessment beyond 3 years, ITAT quashed the order By Kavi Priya – On October
👌👌👌👌👌👌👌SC Issues Directions To Create Awareness About Free Legal Aid
Clipped from: https://taxguru.in/corporate-law/sc-issues-directions-create-awareness-free-legal-aid.html It is most vital to note that in a significant step with far reaching consequences, the Supreme Court in a most learned, laudable,
Finance Ministry to consider scrapping windfall tax on crude: Govt official | Commodities – Business Standard
Clipped from: https://www.business-standard.com/markets/commodities/finance-ministry-to-consider-scrapping-windfall-tax-on-crude-govt-official-124102300636_1.html The imposition of windfall tax on crude oil was introduced in 2022 to address excessive profits during high prices The finance ministry will
👌👌👌👌👌👌👌Key Amendments to Capital Gains in Budget 2024-25
Clipped from: https://taxguru.in/income-tax/key-amendments-capital-gains-budget-2024-25.html Normally in our country Budget of Central Government is declare on 1st February every year, but due to election of Lok Sabha, on 1st February,
👌👌👌👌👌👌👌Calculation of Capital Gains on property received by Gift or Will
Clipped from: https://taxguru.in/income-tax/calculation-capital-gains-property-received-gift.html Summary: Capital gains from property received by gift or will are calculated based on the cost of acquisition by the previous owner, as per
👌👌👌PM Internship Scheme: 280 companies register 1.27 lakh internship offers, onboarding window closes for India Inc – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/prime-minister-internship-scheme-280-companies-register-127-lakh-internship-offers-onboarding-window-closes-for-india-inc/article68783161.ece Country’s top 500 CSR spenders were entitled to register their internship offers under PMIS The Centre has now closed the onboarding window for
👌👌👌BRICS currency: A long-term possibility – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/brics-currency-a-long-term-possibility/article68783947.ece India for the time being can focus on its efforts to internationalise the rupee There has been much discussion over the idea of
👌👌👌👌👌👌👌NRE & NRO accounts: A comprehensive guide for taxpayers – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/nre-nro-accounts-a-comprehensive-guide-for-taxpayers-451052-2024-10-22 To simplify this, Indian banks offer two key types of accounts: the Non-Resident External (NRE) Account and the Non-Resident Ordinary (NRO) Account. These
👌👌👌👌👌Loneliness increases risk of dementia by over 30%, studies review suggests | Health News – Business Standard
Clipped from: https://www.business-standard.com/health/loneliness-increases-risk-of-dementia-by-over-30-studies-review-suggests-124102200610_1.html In this study, loneliness was found to increase overall risk of dementia by 30 per cent, Alzheimer’s disease by 39 per cent, vascular
👌👌👌PM Internship Scheme: Points to keep in mind after getting the offer letter | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/pm-internship-scheme-points-to-keep-in-mind-after-getting-the-offer-letter-124102200931_1.html The internship scheme is focused on youth aged between 21 and 24 years mainly from poor and lower middle-class households PM Internship Scheme
Over 32.5% Indian college students are nascent entrepreneurs: Report | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/over-32-5-indian-college-students-are-nascent-entrepreneurs-report-124102101394_1.html Fourteen per cent of Indian students plan to become founders immediately after graduation More than 32.5 per cent of Indian students in Indian
👌👌👌👌👌👌👌THE NEW REGIME OF REASSESSMENT PROCEEDINGS UNDER SECTION 148A OF THE INCOME-TAX ACT, 1961: A 20-POINT CHECKLIST FOR REPRESENTATION – Digest of case laws
Clipped from: https://itatonline.org/digest/articles/the-new-regime-of-reassessment-proceedings-under-section-148a-of-the-income-tax-act-1961-a-20-point-checklist-for-representation/ By Dr. K. Shivaram, Senior Advocate & Mr. Shashi Bekal, Advocate Executive Summary The Article aims at providing a detailed guide for advocates,
👌👌👌👌👌👌👌Section 45, Section 48 and Section 54 of the Income Tax Act, 1961
Clipped from: https://taxguru.in/income-tax/idea-capital-gain-tax-property-redevelopment-heres-know.html No Idea about Capital Gain Tax but Property Under Re-Development? Here’s all you Need to Know!! The Finance Act, 2017 inserted a new
👌👌👌👌👌👌👌Section 54F: Capital gains can be invested multiple times to buy a new residential house property – Tax2win
Clipped from: https://tax2win.in/guide/section-54f-capital-gains-multiple-investments-residential-property Section 54F: Capital Gains Can be Invested Multiple Times to Buy a New Residential House Property Updated on: 10 Sep, 2024 11:55 AM
👌👌👌👌👌👌👌Capital Gain Tax Exemption on Property under Redevelopment
Clipped from: https://taxguru.in/income-tax/capital-gain-tax-exemption-property-redevelopment.html 1. Redeveloping old buildings and societies is gaining momentum in major cities like Mumbai, Delhi-NCR, Surat, Bengaluru etc. Mumbai, India’s financial capital, is
👌👌👌👌👌👌👌Clear Tax–Capital Gains Tax — Important Information
Which ITR form am I supposed to file on capital gain from the Sale of Property or Gold? You are supposed to file ITR –
👌👌👌👌👌👌👌ITR Filing Plans and Pricing | CA Assisted Income Tax Filing | ClearTax Pricing
Clipped from: https://cleartax.in/s/pricing?utm_ref=in-lineCTA#expert-assisted-itr Get a dedicated tax expert to handle everything, from start to finish To improve our assistance and address your queries promptly, kindly share
👌👌👌👌👌👌👌Capital Gains Tax on the Sale of Property
Clipped from: https://cleartax.in/s/capital-gain-tax-on-sale-of-property-shares-gold Selling property is a significant financial transaction, and understanding the tax implications under the Income-tax Act, 1961 is crucial for anyone involved in