https://www.business-standard.com/opinion/columns/central-banking-and-cricket-123121000494_1.html Clipped from: https://www.business-standard.com/opinion/columns/central-banking-and-cricket-123121000494_1.html While the economy seems to be on a firm growth path, the fight against inflation is not over yet. It has not
Category: Five Star
Needed, better disclosure of loan write-offs, recoveries – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/needed-better-disclosure-of-loan-write-offs-recoveries/article67610999.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/needed-better-disclosure-of-loan-write-offs-recoveries/article67610999.ece Loan losses have implications for multiple stakeholders Every few months, a Parliament question or an RTI query forces the Finance Ministry or
A persistent social crisis
https://www.business-standard.com/opinion/editorial/a-persistent-social-crisis-123120601151_1.html Clipped from: https://www.business-standard.com/opinion/editorial/a-persistent-social-crisis-123120601151_1.html NCRB data shows India remains unsafe for women Listen to This Article Even as India seeks a place at the global high
Positive signs
https://www.business-standard.com/opinion/editorial/positive-signs-123120701298_1.html lipped from: https://www.business-standard.com/opinion/editorial/positive-signs-123120701298_1.html Bulls can stretch valuations Listen to This Article The bullish market reaction after the Assembly election results can be attributed to a
Aiming beyond 7% growth
https://www.business-standard.com/opinion/columns/aiming-beyond-7-growth-123120601140_1.html Clipped from: https://www.business-standard.com/opinion/columns/aiming-beyond-7-growth-123120601140_1.html India is not the world’s fastest-growing economy yet, but a revival of the animal spirits could propel it into that position India’s
Safety, a cost and an opportunity
https://www.business-standard.com/opinion/columns/safety-a-cost-and-an-opportunity-123120701263_1.html Clipped from: https://www.business-standard.com/opinion/columns/safety-a-cost-and-an-opportunity-123120701263_1.html If safety standards are raised carefully, not only will the public become safer, but the GDP can also grow a little faster
ITR filing: Here is how you can use ‘discard return’ feature
https://www.thehindubusinessline.com/portfolio/personal-finance/itr-filing-here-is-how-you-can-use-discard-return-feature/article67613650.ece Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/itr-filing-here-is-how-you-can-use-discard-return-feature/article67613650.ece The initiative seeks to further streamline the ITR filing process The Income-Tax Department, time and again, makes available certain tools and features
Private sector should not hold back on investments: CEA
https://www.thehindubusinessline.com/economy/private-sector-should-not-hold-back-on-investments-cea/article67615225.ece Clipped from: https://www.thehindubusinessline.com/economy/private-sector-should-not-hold-back-on-investments-cea/article67615225.ece Government believes enabling conditions for rebalancing are in place Time has come for the corporate sector to do heavy lifting on investments
Reassessment u/s 153A Requires Incriminating Material: Delhi HC
https://taxguru.in/income-tax/reassessment-u-s-153a-requires-incriminating-material-delhi-hc.html Clipped from: https://taxguru.in/income-tax/reassessment-u-s-153a-requires-incriminating-material-delhi-hc.html ACIT Vs Saluja Construction Co. Ltd (Delhi High Court) Introduction: In a recent case, the Delhi High Court addressed the critical issue of
No Penalty if no inaccurate Reporting and no Concealment by Assessee
https://taxguru.in/income-tax/penalty-inaccurate-reporting-concealment-assessee.html Clipped from: https://taxguru.in/income-tax/penalty-inaccurate-reporting-concealment-assessee.html CIT Vs Standard Chartered Grindlays Pty Ltd (Delhi High Court) Introduction: The recent decision by the Delhi High Court in the case of
Non-Consideration of Reply Violates Natural Justice; HC Grants Opportunity of Hearing
https://taxguru.in/goods-and-service-tax/gst-non-consideration-reply-violates-natural-justice-hc-grants-opportunity-hearing.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-non-consideration-reply-violates-natural-justice-hc-grants-opportunity-hearing.html Daksh Enterprise Vs Commissioner Of State Tax (Gujarat High Court) Introduction: In a recent judgment, the Gujarat High Court addressed a critical issue
Goods Sent out of India on Approval basis does not Attract IGST at Time of Re-import : CESTAT Quashes Customs Duty Demand
Clipped from: https://www.taxscan.in/goods-sent-out-of-india-on-approval-basis-does-not-attract-igst-at-time-of-re-import-cestat-quashes-customs-duty-demand/341529/ The New Delhi bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that the goods sent out of India on an approval
GST Rule 42 and 43: Reversal of Input Tax Credit
https://taxguru.in/goods-and-service-tax/gst-rule-42-43-reversal-input-tax-credit.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-rule-42-43-reversal-input-tax-credit.html In the realm of Goods and Services Tax (GST), businesses navigate the intricacies of Input Tax Credit (ITC) and its reversal under
Income Tax Reassessment Requires valid service of Section 148 Notice
https://taxguru.in/income-tax/income-tax-reassessment-requires-valid-service-section-148-notice.html Clipped from: https://taxguru.in/income-tax/income-tax-reassessment-requires-valid-service-section-148-notice.html PCIT Vs Madhu Gupta (Delhi High Court) Introduction: A recent judgment by the Delhi High Court in the case of PCIT vs. Madhu
Discard ITR Option: All You Need to Know
Clipped from: https://www.taxscan.in/discard-itr-option-all-you-need-to-know/347309/ By Manu Sharma – On November 28, 2023 10:47 am – 3 mins read The Income Tax Portal now allows users to discard the Income Tax Returns (ITRs) filed
Difference Between TCS and TDS: A Critical Analysis
Clipped from: https://www.taxscan.in/difference-between-tcs-and-tds-a-critical-analysis/349547/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Difference%20Between%20TCS%20and%20TDS:%20A%20Critical%20Analysis INTRODUCTION TDS stands for Tax Deducted at Source. It is the tax amount that the government collects directly from the recipient’s income immediately
GST Taxpayers Exceeding 5 crores AATO must Include 6-Digit HSN in E-invoices from Dec 15, 2023
Clipped from: https://www.taxscan.in/important-update-gst-taxpayers-exceeding-5-crores-aato-must-include-6-digit-hsn-in-e-invoices-from-dec-15-2023/349822/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Important%20Update:%20GST%20Taxpayers%20Exceeding%205%20crores%20AATO%20must%20Include%206-Digit%20HSN%20in%20E-invoices%20from%20Dec%2015,%202023 From December 15, 2023, the GST e-invoice system mandates a minimum 6-digit HSN code for taxpayers with an Annual Aggregate Turnover (AATO) exceeding
Notice for reopening of assessment issued on last date of limitation period is valid
https://taxguru.in/income-tax/notice-reopening-assessment-issued-date-limitation-period-valid.html Clipped from: https://taxguru.in/income-tax/notice-reopening-assessment-issued-date-limitation-period-valid.html Raminder Singh Vs ACIT (Delhi High Court) Delhi High Court held that notice for reopening of assessment issued u/s. 148 of the
Deduction u/s 80P(2)(d) was allowable on interest income received from Co-Operative Bank
https://taxguru.in/income-tax/deduction-u-s-80p-2-d-allowable-interest-income-received-co-operative-bank.html Clipped from: https://taxguru.in/income-tax/deduction-u-s-80p-2-d-allowable-interest-income-received-co-operative-bank.html Thorapadi Urban Co-op Credit Society Limited Vs ITO (Madras High Court) Conclusion: Deduction under section 80P(2)(d) was allowable on receipt of interest from
Concerns about Displayed Financial Transactions in AIS? Income Tax Dept Assures Source Authentication
Clipped from: https://www.taxscan.in/concerns-about-displayed-financial-transactions-in-ais-income-tax-dept-assures-source-authentication/343647/ The Income Tax Department, using the platform ‘X,’ formerly recognized as ‘Twitter,’ has provided a guarantee of source authentication/e-verification in response to any