https://www.thehindubusinessline.com/economy/logistics/indias-major-ports-are-readying-for-growth/article67110786.ece Clipped from: https://www.thehindubusinessline.com/economy/logistics/indias-major-ports-are-readying-for-growth/article67110786.ece Shipping Minister Sarbananda Sonowal outlines how major ports are ramping up despite global headwinds Indian ports are witnessing a marked improvement in
Category: Five Star
👍👍👍👍👍Russia’s oil production cuts offers opportunity to Indian refiners to increase diesel exports to Europe – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/russias-oil-production-cuts-offers-opportunity-to-indian-refiners-to-increase-diesel-exports-to-europe/article67112693.ece Clipped from: https://www.thehindubusinessline.com/economy/russias-oil-production-cuts-offers-opportunity-to-indian-refiners-to-increase-diesel-exports-to-europe/article67112693.ece Trade sources said that Russia is slashing exports, particularly the largest selling medium heavy Ural blend A window of opportunity has opened
👍👍👍👍👍Over 5,000 cases of PAN/Aadhaar misuse to claim ITC identified – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/over-5000-cases-identified-27000-crore-detected-in-misusing-panaadhaar-to-claim-input-tax-credit/article67116235.ece Clipped from: https://www.thehindubusinessline.com/economy/over-5000-cases-identified-27000-crore-detected-in-misusing-panaadhaar-to-claim-input-tax-credit/article67116235.ece While Maharashtra tops the list in number of cases, Delhi leads in terms of amount fraudulently availed and detected Central GST Administration
👍👍👍👍👍Reopening of assessment u/s 148 for mere change of opinion is unsustainable
https://taxguru.in/income-tax/re-opening-assessment-u-s-148-mere-change-opinion-unsustainable.html Clipped from: https://taxguru.in/income-tax/re-opening-assessment-u-s-148-mere-change-opinion-unsustainable.html Mukand Limited Vs Union of India (Bombay High Court) Bombay High Court held re-opening of assessment under section 148 of the Income
👍👍👍👍👍Interest Income earned by Cooperative Bank on Investments made with other Cooperative Bank is eligible for Deduction u/s 80P(2)(a)(i) Income Tax Act: ITAT deletes Revision Order
Interest Income earned by Cooperative Bank on Investments made with other Cooperative Bank is eligible for Deduction u/s 80P(2)(a)(i) Income Tax Act: ITAT deletes Revision
👍👍👍👍👍Unsecured lenders’ dues to be prioritised over govt’s: Supreme Court
https://www.business-standard.com/india-news/unsecured-lenders-dues-would-be-prioritised-over-government-dues-sc-123071800764_1.html Clipped from: https://www.business-standard.com/india-news/unsecured-lenders-dues-would-be-prioritised-over-government-dues-sc-123071800764_1.html IBC will override the provisions of the Electricity Act, 2003, says bench Supreme Court Listen to This Article The Supreme Court said
👍👍👍👍👍५६३ विकासकांना महारेराची कलम ७ अंतर्गत प्रकल्प नोंदणी रद्द करण्याची नोटीस |563 Notice to developers to cancel project registration under section 7 of Maharera | Loksatta
https://www.loksatta.com/business/finance/563-notice-to-developers-to-cancel-project-registration-under-section-7-of-maharera-vrd-88-3798165/ lipped from: https://www.loksatta.com/business/finance/563-notice-to-developers-to-cancel-project-registration-under-section-7-of-maharera-vrd-88-3798165/ या सर्वांना आपल्या प्रकल्पांची नोंदणीच रद्द का करू नये ,अशी कलम ७ अंतर्गत कारणे दाखवा नोटीस बजावली आहे. याबाबत अपेक्षित प्रतिसादासाठी या
👍👍👍👍👍Reopening of assessment before disposing of objections filed by assessee is unsustainable
https://taxguru.in/income-tax/reopening-assessment-disposing-objections-filed-assessee-unsustainable.html Clipped from: https://taxguru.in/income-tax/reopening-assessment-disposing-objections-filed-assessee-unsustainable.html General Electric Company Vs ADIT (ITAT Mumbai) ITAT Mumbai held that reopening of assessment prior to disposing of the objections filed by
👍👍👍👍👍RBI to issue SOP for banks to expedite rupee trade – The Hindu
https://www.thehindu.com/business/rbi-to-issue-sop-for-banks-to-expedite-rupee-trade/article67090992.ece Clipped from: https://www.thehindu.com/business/rbi-to-issue-sop-for-banks-to-expedite-rupee-trade/article67090992.ece NEW DELHI, 29/04/2016: For Index/ Archives—- Indian Rupee is ruling 20 months high against US Dollar, US Dollars being counted, in New
👍👍👍👍👍Eye on Emirati flows: on the new India-UAE framework and rupee-dirham transactions – The Hindu
https://www.thehindu.com/opinion/editorial/eye-on-emirati-flows-on-the-new-india-uae-framework-and-rupee-dirham-transactions/article67090751.ece lipped from: https://www.thehindu.com/opinion/editorial/eye-on-emirati-flows-on-the-new-india-uae-framework-and-rupee-dirham-transactions/article67090751.ece There are both risks and benefits in the rupee-dirham settlement system The Reserve Bank of India (RBI) and the Central Bank of the
👍👍👍👍👍Reopening untenable in absence of tangible material concluding that income has escaped assessment
https://taxguru.in/income-tax/reopening-untenable-absence-tangible-material-concluding-income-escaped-assessment.html Clipped from: https://taxguru.in/income-tax/reopening-untenable-absence-tangible-material-concluding-income-escaped-assessment.html Maharashtra State Power Generation Company Limited Vs ACIT (Bombay High Court) Bombay High Court held that reopening of assessment, in the exercise
👍👍👍👍👍ITR Filing Process How to File ITR For Business Income Tax Return Filing; धंदा वा व्यवसाय करणाऱ्या करदात्यांसाठी करविवरण, कागदपत्रांचा तपशील अन् संपूर्ण प्रोसेस एका क्लिकवर | Maharashtra Times
https://maharashtratimes.com/business/paishacha-jhad/income-tax-return-how-to-file-itr-2023-for-small-business/articleshow/101814403.cms Clipped from: https://maharashtratimes.com/business/paishacha-jhad/income-tax-return-how-to-file-itr-2023-for-small-business/articleshow/101814403.cms ITR Filing 2023 for MSMEs : प्राप्तिकर विवरण पत्राचा सहज नावाचा सोपा ITR 1 हा फॉर्म पगाराचे किंवा व्याजाचे उत्पन्न असणाऱ्या करदात्याना
👍👍👍👍👍Unverified Information: ITAT upholds quashing of Re-assessment Order
https://taxguru.in/income-tax/unverified-information-itat-upholds-quashing-re-assessment-order.html Clipped from: https://taxguru.in/income-tax/unverified-information-itat-upholds-quashing-re-assessment-order.html ITO Vs Tarik Tondon (ITAT Delhi) In a significant ruling, the Income Tax Appellate Tribunal (ITAT) Delhi upheld the order of the
👍👍👍👍👍Ex-parte order passed without considering submission is non-speaking order
https://taxguru.in/income-tax/ex-parte-order-passed-submission-non-speaking-order.html Clipped from: https://taxguru.in/income-tax/ex-parte-order-passed-submission-non-speaking-order.html Leela Devi Jain Vs ITO (ITAT Jaipur) ITAT Jaipur held that ex-parte order passed without considering and dealing with the submission of
👍👍👍👍👍The Kolkata bench of the Income Tax Appellate Tribunal (ITAT) held that the income earned by the co-operative society is eligible for deduction under Section 80P(2)(a)(i) of the Income Tax Act, 1961.
Clipped from: https://www.taxscan.in/income-earned-by-co-operative-society-is-eligible-for-deduction-u-s-80p2ai-of-income-tax-act-itat/298355/ Income Earned by Co-operative Society is eligible for Deduction u/s 80P(2)(a)(i) of Income Tax Act: ITAT [Read Order] The Kolkata bench Section 80P(2)(a)(i) of the Income
👍👍👍👍👍No GST on replacement of parts during warranty period, says council
https://www.business-standard.com/economy/news/no-gst-on-replacement-of-parts-during-warranty-period-says-council-123071400450_1.html Clipped from: https://www.business-standard.com/economy/news/no-gst-on-replacement-of-parts-during-warranty-period-says-council-123071400450_1.html Clarification provides certainty on the tax treatment of warranty repairs, say experts Listen to This Article The GST council has spoken on
👍👍👍👍👍Mohandas Pai, former SBI chairman Rajnish Kumar join Byju’s advisory council – The Hindu BusinessLine
https://www.thehindubusinessline.com/companies/mohandas-pai-former-sbi-chairman-rajnish-kumar-join-byjus-advisory-council/article67075902.ece Clipped from: https://www.thehindubusinessline.com/companies/mohandas-pai-former-sbi-chairman-rajnish-kumar-join-byjus-advisory-council/article67075902.ece The appointment of these two leaders to the advisory council will enhance its financial governance mechanisms and leverage expert advice to drive
👍👍👍👍👍Holding shares in firms’ subsidiaries exempted, clarifies GST Council
https://www.business-standard.com/economy/news/gst-council-says-mere-holding-of-shares-in-subsidiaries-exempt-of-gst-123071200713_1.html Clipped from: https://www.business-standard.com/economy/news/gst-council-says-mere-holding-of-shares-in-subsidiaries-exempt-of-gst-123071200713_1.html The clarification came amid GST officers sending notices to both Indian and foreign companies, demanding tax on share capital held in their
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