https://www.thehindubusinessline.com/business-laws/strengthening-whistleblowers-hands/article67984456.ece Clipped from: https://www.thehindubusinessline.com/business-laws/strengthening-whistleblowers-hands/article67984456.ece The Competition Commission of India’s latest “lesser penalty plus” regime incentivises whistleblowers to come forward and disclose full, true and vital information
Category: Five Star
👍👍👍👍👍Forex reserves + Rupee – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/forex-reserves-rupee/article67988029.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/forex-reserves-rupee/article67988029.ece India holds the fourth largest foreign exchange (forex/Fx) reserves in the world. China, Japan and Switzerland are the top three holders of
👍👍👍👍👍Reopening u/s. 148 merely based on investigation report is unjustifiable: ITAT Delhi
https://taxguru.in/income-tax/reopening-u-s-148-based-investigation-report-unjustifiable-itat-delhi.html Clipped from: https://taxguru.in/income-tax/reopening-u-s-148-based-investigation-report-unjustifiable-itat-delhi.html Akik Marketing India Pvt. Ltd. Vs ITO (ITAT Delhi) ITAT Delhi held that reopening assessment under section 148 of the Income Tax
👍👍👍👍👍Co-Op society eligible for section 80P(2)(a)(i) deduction on compulsory investment with Central Co-op Bank
https://taxguru.in/income-tax/co-op-society-eligible-section-80p2ai-deduction-compulsory-investment-central-co-op-bank.html Clipped from: https://taxguru.in/income-tax/co-op-society-eligible-section-80p2ai-deduction-compulsory-investment-central-co-op-bank.html Kalika Parameswari Co-operative Society Ltd Vs ITO (ITAT Bangalore) Introduction: The case of Kalika Parameswari Co-operative Society Ltd vs. ITO, heard at the
👍👍👍👍👍Addition which is not based on reasons for reopening is un-sustainable sans notice u/s 148
https://taxguru.in/income-tax/addition-based-reasons-reopening-un-sustainable-sans-notice-u-s-148.html Clipped from: https://taxguru.in/income-tax/addition-based-reasons-reopening-un-sustainable-sans-notice-u-s-148.html Manu Stock Broking Private Limited Vs ACIT (ITAT Mumbai) Introduction: The case of Manu Stock Broking Pvt Ltd Vs ACIT, adjudicated by the
👍👍👍👍👍Section 143(1) Intimation Without Hearing Assessee Is Unlawful: ITAT Kolkata
https://taxguru.in/income-tax/section-1431-intimation-hearing-assessee-unlawful-itat-kolkata.html Clipped from: https://taxguru.in/income-tax/section-1431-intimation-hearing-assessee-unlawful-itat-kolkata.html Aashirvad Villa Limited Vs ITO (ITAT Kolkata) Introduction: The case of Aashirvad Villa Limited Vs ITO, adjudicated by the Income Tax Appellate Tribunal
👍👍👍👍👍ITC Claim Cannot Be Denied merely Due to GSTR-2A, 3B Mismatch: Kerala HC
https://taxguru.in/goods-and-service-tax/itc-claimed-denied-due-mismatch-gstr-2a-gstr-3bkerala-hc-sets-order-philips-auto-agencies.html Clipped from: https://taxguru.in/goods-and-service-tax/itc-claimed-denied-due-mismatch-gstr-2a-gstr-3bkerala-hc-sets-order-philips-auto-agencies.html Philips Auto Agencies (India) Pvt. Ltd. Vs State Tax Officer (Kerala High Court) Introduction: Philips Auto Agencies (India) Pvt. Ltd. approached the Kerala High
👍👍👍👍👍Portal Access Issue: Delhi HC Directs Re-Adjudication for GST Registration Cancellation
https://taxguru.in/goods-and-service-tax/portal-access-issue-delhi-hc-directs-re-adjudication-gst-registration-cancellation.html Clipped from: https://taxguru.in/goods-and-service-tax/portal-access-issue-delhi-hc-directs-re-adjudication-gst-registration-cancellation.html Polytec Industries Through Its Proprietor Mr.Rohit Gupta Vs Commissioner Delhi Goods And Services Tax Trade And Tax Department And Ors (Delhi High
👍👍👍👍👍Extended Limitation Period Inapplicable without Intent to evade Service Tax
https://taxguru.in/service-tax/extended-limitation-period-inapplicable-intent-evade-service-tax.html Clipped from: https://taxguru.in/service-tax/extended-limitation-period-inapplicable-intent-evade-service-tax.html Rajasthan State Road Transport Corporation Vs Joint Commissioner of Central Excise And Service Tax (CESTAT Delhi) In the case between Rajasthan State
👍👍👍👍👍GST demand cannot be raised based on figures in Profit and Loss Account
https://taxguru.in/goods-and-service-tax/gst-demand-raised-based-figures-profit-loss-account.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-demand-raised-based-figures-profit-loss-account.html Introduction: In a significant ruling, the Madras High Court addressed the issue of whether GST demand can be raised solely based on figures
👍👍👍👍👍The fuss over US interest rates – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/the-fuss-over-us-interest-rates/article67965621.ece Clipped from: https://www.thehindubusinessline.com/opinion/the-fuss-over-us-interest-rates/article67965621.ece High interest rates in the West have not impacted growth or equity markets, but banks have been hit hard Recent discussions on
👍👍👍👍👍Section 80P(2)(d) Deduction Eligible on Interest on Deposits with Co-Op Society
https://taxguru.in/income-tax/section-80p2d-deduction-eligible-interest-deposits-co-op-society.html Clipped from: https://taxguru.in/income-tax/section-80p2d-deduction-eligible-interest-deposits-co-op-society.html Balduhak Co-operative Agriculture Service Society Ltd. Vs ITO (ITAT Chandigarh) Introduction: The case of Balduhak Co-operative Agriculture Service Society Ltd. vs ITO (ITAT
👍👍👍👍👍All that glitters is not gold for Reserve Bank & FinMin | Expert Views – Business Standard
https://www.business-standard.com/finance/columns/all-that-glitters-is-not-gold-for-reserve-bank-finmin-124031700420_1.html Clipped from: https://www.business-standard.com/finance/columns/all-that-glitters-is-not-gold-for-reserve-bank-finmin-124031700420_1.html Rightly so. Since November 1962, there have been many attempts to monetise gold. It’s finally happening, but we must look for sustainable
👍👍👍👍👍Section 43B(h) of Income Tax Act, 1961 and MSMED Act, 2006
https://taxguru.in/income-tax/section-43b-h-income-tax-act-1961-msmed-act-2006.html Clipped from: https://taxguru.in/income-tax/section-43b-h-income-tax-act-1961-msmed-act-2006.html The government has brought in the amendment in Section 43B of Income Tax Act, 1961 and inserted a new clause (h) w.e.f.
👍👍👍Section 43B(h) of Income Tax Act, 1961 and MSMED Act, 2006
https://taxguru.in/income-tax/section-43b-h-income-tax-act-1961-msmed-act-2006.html Clipped from: https://taxguru.in/income-tax/section-43b-h-income-tax-act-1961-msmed-act-2006.html The government has brought in the amendment in Section 43B of Income Tax Act, 1961 and inserted a new clause (h) w.e.f.
👍👍👍👍👍GST on Contributions to Housing Societies
https://taxguru.in/goods-and-service-tax/gst-contributions-housing-societies.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-contributions-housing-societies.html Introduction The interpretation of Goods and Services Tax (GST) laws regarding contributions to housing societies has been a subject of debate and
👍👍👍👍👍Payments to Micro, Small & Medium Enterprises: Section 43B(h) impact & FAQs
https://taxguru.in/income-tax/payments-micro-small-medium-enterprises-section-43bh-impact-faqs.html Clipped from: https://taxguru.in/income-tax/payments-micro-small-medium-enterprises-section-43bh-impact-faqs.html PAYMENTS RELATING TO MICRO, SMALL AND MEDIUM ENTERPRISES – IMAPCT OF SECTION 43B(h) and FAQs Introduction The Finance Act, 2023 through inserting section 43B(h), applicable
👍👍👍👍👍Contributions to Sinking Fund of Residential Welfare Associations by its members deemed Advance Payments for Future Services, liable to 18% GST: AAR
Clipped from: https://www.taxscan.in/contributions-to-sinking-fund-of-residential-welfare-associations-by-its-members-deemed-advance-payments-for-future-services-liable-to-18-gst-aar-read-order/383493/ The West Bengal Authority for Advance Ruling ( AAR ) has held that the contributions made by members to the sinking fund of
👍👍👍👍👍DGFT Amends Handbook of Procedures 2023 for Fixation of Norms and SION Notification
Clipped from: https://www.taxscan.in/dgft-amends-handbook-of-procedures-2023-for-fixation-of-norms-and-sion-notification/383562/ On March 14, 2024, the Directorate General of Foreign Trade ( DGFT ) issued Public Notice No. 15/2023, amending Para 4.06 and Para
👍👍👍👍👍Rate cap no solution to expensive private healthcare – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/rate-cap-no-solution-to-expensive-private-healthcare/article67950706.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/rate-cap-no-solution-to-expensive-private-healthcare/article67950706.ece Price caps are likely to be ineffective for a host of economic factors The Supreme Court seems inclined to urge the Centre