Clipped from: https://taxguru.in/income-tax/capital-gain-tax-date-purchase-construction-property.html 1. The Capital Gain Tax provisions are covered under sections 45 to 55 of the Income Tax Income-tax Act, 1961. These provisions are
Category: News of interest
वाचकांना माझ्या दृष्टीने महत्वाच्या वाटणाऱ्या बातम्या देण्याचा प्रयत्न केला आहे –ज्या source मधून ह्या बातम्याचे विवरण केले आहे त्या त्या source चे नाव व लिंक दिली आहे. ही लिंक क्लिक केल्यानंतर वाचकांना मूळ source मधील बातमी सविस्तर पणे वाचता येईल. तसेच नंतरही कधीही या बातम्या वाचता येतील त्यासाठी search option किंवा calender चा पर्याय निवडून बातमी वाचता येईल –उद्देश सर्वच बातम्या –रोजच –सविस्तर वाचणे कधी कधी शक्य नसते अशा वेळेस नंतर देखील अशा महत्वाच्या बातम्या वाचता याव्यात–असा उद्देश आहे. — डिसेंबर २०१६ च्या आधीच्या अशा तऱ्हेच्या Latest Post या category खाली दिल्या आहेत. —ही website कोणत्याही आर्थिक मोबदला मिळावा म्हणून सुरु केलेली नाही. तसेच सर्व प्रयत्न परिपूर्ण आहेत असाही दावा नाही. पण काही तरी उपयोगी करून दाखवण्याचा मात्र उद्देश जरूर आहे. सुधारणा सुचवून वाचकांनी माझ्या प्रयत्नात सामील व्हावे अशी विनंती आहे–
ITAT quashes Ex-parte Order due to Non-Service of Notice, grants Assessee Opportunity of Hearing
Read More: https://www.taxscan.in/itat-quashes-ex-parte-order-due-to-non-service-of-notice-grants-assessee-opportunity-of-hearing/276690/ Clipped from: https://www.taxscan.in/itat-quashes-ex-parte-order-due-to-non-service-of-notice-grants-assessee-opportunity-of-hearing/276690/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=ITAT%20quashes%20Ex-parte%20Order%20due%20to%20Non-Service%20of%20Notice,%20grants%20Assessee%20Opportunity%20of%20Hearing The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) recently quashed an ex-parte order due to the non-service of notice and granted
No obligation to deduct section 194H TDS if commission not debited to Profit & Loss Account
Clipped from: https://taxguru.in/income-tax/obligation-deduct-section-194h-tds-commission-debited-profit-loss-account.html Ketan Sahebrao Purkar Vs ITO (ITAT Pune) The issue involved in the present appeal is whether on the facts and circumstances of the
👍👍👍👍👍Demand of extended period not sustainable If no suppression of facts
Clipped from: https://taxguru.in/excise-duty/demand-extended-period-sustainable-suppression-facts.html C.C.E.-Ahmedabad Vs Quippo Energy Pvt Limited (CESTAT Ahmedabad) CESTAT held that since there is no suppression of fact, demand of extended period is
TDS not deductible on Foregone Salary & Employee cannot claim credit
Clipped from: https://taxguru.in/income-tax/tds-deductible-foregone-salary-employee-claim-credit.html Rajeshwera Rao Peri Vs CIT (TDS) (ITAT Delhi) The facts in brief are that the appellant was working as Ex-Chief Manager, Oriental Bank
Attachment of Bank Account: Calcutta HC directs Assistant Commissioner of Revenue to file Affidavit-in-Opposition
Read More: https://www.taxscan.in/attachment-of-bank-account-calcutta-hc-directs-assistant-commissioner-of-revenue-to-file-affidavit-in-opposition/276020/ Clipped from: https://www.taxscan.in/attachment-of-bank-account-calcutta-hc-directs-assistant-commissioner-of-revenue-to-file-affidavit-in-opposition/276020/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Attachment%20of%20Bank%20Account:%20Calcutta%20HC%20directs%20Assistant%20Commissioner%20of%20Revenue%20to%20file%20Affidavit-in-Opposition In a recent decision the Calcutta High Court directed the Assistant Commissioner of Revenue to file affidavit-in-opposition in the matter of
Use cost-effective, accessible group term cover to boost coverage
Clipped from: https://www.business-standard.com/finance/personal-finance/use-cost-effective-accessible-group-term-cover-to-boost-coverage-123050900906_1.html However, supplement this plan with an individual term policy for enhanced security Photo: Shutterstock Listen to This Article Bajaj Allianz Life Insurance Company
Zomato Shares sink 6% after rival food delivery aggregator Swiggy markdown
Clipped from: https://www.business-standard.com/companies/news/zomato-shares-sink-6-after-rival-food-delivery-aggregator-swiggy-markdown-123050900847_1.html Zomato ended the session at Rs 60.94 (BSE), valuing the food delivery company at Rs 52,281 crore Listen to This Article Shares of
Centre to come up with creditor-led insolvency resolution framework: Report
Clipped from: https://www.business-standard.com/economy/news/centre-to-come-up-with-creditor-led-insolvency-resolution-framework-report-123050900171_1.html The creditors and debtors will be allowed to reach an informal agreement to resolve the bankruptcy case and later approach the NCLT to
Apollo Tyres Q4 profit jumps 4-fold on lower rubber costs, strong demand
Clipped from: https://www.business-standard.com/companies/results/apollo-tyres-beats-q4-profit-view-on-lower-rubber-costs-strong-demand-123050900995_1.html Apollo also recommended a final dividend of Rs 4 per share Listen to This Article Indian tyre maker Apollo Tyres Ltd. reported a
Swingy, Zomato may not offer steep discounts after govt-owned ONDC move
Clipped from: https://www.business-standard.com/companies/news/swiggy-zomato-may-partner-with-ondc-instead-of-getting-into-a-price-war-123050800905_1.html E-food delivery majors may instead partner the govt network Meanwhile, ONDC is not the only firm that’s gearing up for a fight Online
Roads, traffic and GDP
Clipped from: https://www.business-standard.com/opinion/columns/roads-traffic-and-gdp-123050801088_1.html Addressing the problem of slow and chaotic traffic movement could enhance productivity and welfare in India Listen to This Article We are all
The tap still left open
Clipped from: https://www.business-standard.com/opinion/columns/the-tap-still-left-open-123050801087_1.html Continuing fiscal laxity in the US means monetary policy must do more of the inflation fighting, increasing risks of financial accidents Illustration: Binay
Layoffs 2023: Edtech firm Cuemath lays off 100 employees; founder returns as CEO
Clipped from: https://www.business-standard.com/companies/news/google-backed-tutoring-platform-cuemath-gives-pink-slips-to-100-employees-123050800474_1.html Edtech companies laying off employees to conserve cash and focus on profitability Listen to This Article Cuemath, the online math tutor, is laying
🙏At record 795 tonnes, RBI’s gold reserves see sharp on-year spike
Clipped from: https://www.business-standard.com/finance/news/at-record-795-tonnes-rbi-s-gold-reserves-see-sharp-on-year-spike-123050801126_1.html Photo: Bloomberg Listen to This Article The share of the country’s foreign currency assets deployed in overseas securities rose to 80.76 per cent
FSDC discusses need for more early warning indicators for economy
Clipped from: https://www.business-standard.com/finance/news/fsdc-discusses-need-for-more-early-warning-indicators-for-economy-123050800993_1.html ‘Ensuring financial stability is shared responsibility’ Finance Minister Nirmala Sitharaman | PTI photo Listen to This Article Amid the continuing liquidity crisis in
🙏🙏🙏🙏🙏Reverse mortgage: A boon for the elderly – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/reverse-mortgage-a-boon-for-the-elderly/article66827810.ece This instrument provides a valuable income stream for the retired, but more needs to be done to popularise it In India, older citizens
US bank runs could hurt Indian IT – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/us-bank-runs-could-hurt-indian-it/article66827980.ece The Indian IT industry could face disruption, thanks to its overarching reliance on Europe and US markets The recent collapse of Silicon Valley
The constant churn in the Indian airspace is unhealthy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/the-constant-churn-in-the-indian-airspace-is-unhealthy/article66827335.ece The domestic airspace is better off with a few strong and efficient players Go First’s decision to file for voluntary insolvency is seen
RBI wants banks to sign new locker agreement with clients – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-asks-for-revisions-in-the-existing-bank-locker-document-users-will-have-to-sign-a-fresh/article66827336.ece The revised safe deposit locker agreement specifies that lockers can be used only for purposes such as storing jewellery and documents Users of