Read More: https://www.taxscan.in/cestat-sets-aside-revenues-demand-for-extended-period-in-absence-of-malafide-act-for-service-tax-evasion/273686/ lipped from: https://www.taxscan.in/cestat-sets-aside-revenues-demand-for-extended-period-in-absence-of-malafide-act-for-service-tax-evasion/273686/ The Ahmedabad Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), sets aside the Revenue’s Demand for Extended Period in the absence of
Category: Five Star
👍👍👍👍👍Brought forward unabsorbed depreciation can be set-off against income from other sources allowed
Clipped from: https://taxguru.in/income-tax/claim-set-brought-forward-unabsorbed-depreciation-earlier-years-income-sources-allowed.html Petrofils Cooperative Ltd Vs DCIT (ITAT Ahmedabad) ITAT Ahmedabad held that the assessee is entitled to claim of unabsorbed brought-forward depreciation to be
👍👍👍👍👍Companies Act Section 140(5) not become nugatory on auditor resignation: SC
Clipped from: https://taxguru.in/company-law/companies-act-section-1405-nugatory-auditor-resignation-sc.html Union of India and Another Vs Deloitte Haskins and Sells LLP & Anr (Supreme Court of India); Criminal Appeal No. 2305-2307 of 2022;
🙏🙏🙏🙏🙏Cooperative Credit Society Eligible for Income Tax Exemption u/s 80(P)(2) of Income Tax Act: Supreme Court
Clipped from: https://www.taxscan.in/cooperative-credit-society-eligible-for-income-tax-exemption-u-s-80p2-of-income-tax-act-supreme-court/274337/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Cooperative%20Credit%20Society%20Eligible%20for%20Income%20Tax%20Exemption%20u/s%2080(P)(2)%20of%20Income%20Tax%20Act:%20Supreme%20Court In a major decision the Supreme Court of India ruled that the cooperative credit society is eligible for income tax exemption under Section
👍👍👍👍👍Microsoft launches dedicated website, helpline number for Indian SMBs to grow digitally; check details | The Financial Express
lipped from: https://www.financialexpress.com/industry/sme/msme-tech-microsoft-launches-dedicated-website-helpline-number-for-indian-smbs-to-grow-digitally-check-details/3071333/ Technology for MSMEs: The ‘digital transformation’ helpline number offers SMBs expert guidance and assistance in leveraging technology solutions, said Microsoft. X Technology for
👍👍👍👍👍Bogus Purchases Bills without actual delivery of goods: ITAT directs AO to charge 6.5% Gross Profit Rate
Read More: https://www.taxscan.in/bogus-purchases-bills-without-actual-delivery-of-goods-itat-directs-ao-to-charge-6-5-gross-profit-rate/273701/ Clipped from: https://www.taxscan.in/bogus-purchases-bills-without-actual-delivery-of-goods-itat-directs-ao-to-charge-6-5-gross-profit-rate/273701/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Bogus%20Purchases%20Bills%20without The Mumbai bench of Income Tax Appellate Tribunal (ITAT) directed the Assessing Officer (AO) to charge 6.5% Gross Profit Rate on
👍👍👍👍👍The de-dollarisation debate
Clipped from: https://www.business-standard.com/opinion/columns/the-de-dollarisation-debate-123050101044_1.html There are reasons to be bearish on the greenback, but it is unlikely to lose the reserve currency status Of late, one of
👍👍👍👍👍Supreme Court rules it can directly grant divorce to couples under Article 142: How does the process work? | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/explained-law/supreme-court-divorce-explained-ruling-8585167/ While the parties can approach the family courts for initiation of divorce proceedings, this process is often time-consuming and lengthy, owing to a
👍👍👍👍👍Digital debt collection sector outlook and benefits for customers | The Financial Express
Clipped from: https://www.financialexpress.com/money/digital-debt-collection-sector-outlook-and-benefits-for-customers/3067368/ There are various benefits of leveraging technology in debt collections management. In this digital era, adopting digital debt collection strategies is imperative if
👍👍👍👍👍Facilities for children with autism and other developmental delays are still inadequate in countries like India: Ravi Shekhar Singh, India Head, Mom’s Belief | The Financial Express
Clipped from: https://www.financialexpress.com/healthcare/news-healthcare/facilities-for-children-with-autism-and-other-developmental-delays-are-still-inadequate-in-countries-like-india-ravi-shekhar-singh-india-head-moms-belief/3069455/ The company is planning to invest Rs.100 Crore spread across the next 2 years, to further help and strengthen the ongoing efforts in
👍👍👍👍👍Financial contagion not a risk, recession in exports markets is a concern: Nirmala Sitharaman – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/financial-contagion-not-a-risk-recession-in-exports-markets-is-a-concern-nirmala-sitharaman/articleshow/99894351.cms Synopsis We have grown beyond what gender budgeting of 2000, 2001-02 had to say. We are now looking at women-led policies,” Sitharaman said.
👍👍👍👍👍India’s welfare balm
lipped from: https://www.business-standard.com/opinion/columns/india-s-welfare-balm-123043000890_1.html While many analysts have estimated India’s potential annual GDP growth at 7-8 per cent, the most recent figures indicate a subdued rate of
👍👍👍👍👍Extended period of limitation not invocable as non-payment of tax was due to bonafide belief
Clipped from: https://taxguru.in/service-tax/extended-period-limitation-invocable-non-payment-tax-due-bonafide-belief.html Namakkal Agricultural Producers Co-Operative Marketing Society Vs Commissioner of Central Excise (CESTAT Chennai) CESTAT Chennai held that non-payment of service tax under GTA
👍👍👍👍👍Why are ARCs far from realising their full potential? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/specials/in-my-view-why-are-arcs-far-from-realising-their-full-potential/article66763669.ece Realigning business models quickly in sync with regulatory asks and evolving opportunities imperative to rekindle growth Asset reconstruction companies (ARCs) are a classic
👍👍👍👍👍सायबर गुन्हेगारीचं नवं ‘भक्ष्य’ | Cyber crime Minor of cyber criminals criminal forms Honey Trap chaturang article | Loksatta
Clipped from: https://www.loksatta.com/chaturang/cyber-crime-minor-of-cyber-criminals-criminal-forms-honey-trap-chaturang-article-ysh-95-3622131/ तरुण-तरुणी किंवा अल्पवयीन मुलांव्यतिरिक्त आता सायबर गुन्हेगारांचं नवं भक्ष्य ठरलेला वयोगट आहे- ज्येष्ठ नागरिक! सायबर गुन्हेगारीचं नवं ‘भक्ष्य’ तरुण-तरुणी किंवा अल्पवयीन मुलांव्यतिरिक्त आता
👍👍👍👍👍India’s demographic dividend: More talked about than actually encashed
Clipped from: https://www.business-standard.com/opinion/columns/india-s-demographic-dividend-more-talked-about-than-actually-encashed-123042800964_1.html In a country that often touts achievements ahead of their actually being achieved, the story about the demographic dividend being largely wasted is
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