Category: News of interest

Clipped from: https://taxguru.in/income-tax/books-rejected-showing-defect-books-account-maintained.html PCIT Vs Swananda Properties Pvt Ltd (Bombay High Court) We note that the books of accounts of the Respondent were rejected by the

Clipped from: https://taxguru.in/corporate-law/revocation-rera-registration-section-7.html Revocation of RERA registration – Real Estate (Regulation and Development) Act, 2016 – Section 7 RERA Real Estate (Regulation and Development) Act, 2016,

Clipped from: https://www.taxscan.in/gst-authorities-attach-bank-account-without-issuing-notice-orissa-hc-directs-to-file-appeal-before-appropriate-authority-u-s-107-of-orissa-gst-act/275476/ While entertaining the writ petition, a Division Bench of Justice Dr. B. Sarangi and Justice M.S. Raman of Orissa High Court directed the

Read More: https://www.taxscan.in/non-issue-of-notice-of-proceeding-to-kirloskar-oil-engines-bombay-hc-quashes-order-by-maharashtra-sales-tax-tribunal/275377/ Clipped from: https://www.taxscan.in/non-issue-of-notice-of-proceeding-to-kirloskar-oil-engines-bombay-hc-quashes-order-by-maharashtra-sales-tax-tribunal/275377/ The Bombay High Court quashed the order passed by the Maharashtra Sales Tax Tribunal on non-issuance of notice of proceeding to

Clipped from: https://taxguru.in/service-tax/service-tax-liability-sub-contractor-not-cease-tax-payment-main-contractor.html Molax Powder Coating Vs Commissioner of Central Excise and Service Tax (CESTAT Chennai) Service Tax liability of sub-contractor not cease, even when  main

Clipped from: https://taxguru.in/income-tax/ignoring-debit-side-entries-entire-amount-credit-entries-added-taxable-income.html Ajay Kumar Aggarwal Vs ACIT (ITAT Delhi) On careful consideration of rival submission first of all we note that the Assessing Officer is

Clipped from: https://www.taxscan.in/attachment-of-bank-account-before-expiry-of-appeal-period-calcutta-hc-stays-gst-recovery-proceedings/274117/ In a recent ruling, a Single Bench of the Calcutta High Court stayed the impugned order attaching the bank account of the petitioner for the

Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-how-co-lending-is-just-old-wine-in-new-bottle/article66780361.ece The NBFC funding crunch post the IL&FS saga led to the rise of the co-lending model What is co-lending? Which are the entities

Clipped from: https://www.thehindubusinessline.com/opinion/editorial/irdai-should-tighten-investment-process-for-insurers/article66800406.ece The country’s largest life insurer, LIC, should put in place early warning systems to prevent front-running trades SEBI’s interim order relating to an employee

Clipped from: https://www.thehindubusinessline.com/opinion/indias-intriguing-trade-ties-with-china/article66800675.ece India’s import substitution efforts and FTAs with Asian countries have not reduced dependence on China Over the years, China has emerged as the

Clipped from: https://www.business-standard.com/india-news/chatroom-no-approval-needed-to-re-export-goods-imported-under-igcrs-rules-123050100547_1.html There is no requirement under FEMA that you must have an IEC before receiving advance payment for exports Representative Image Listen to This

lipped from: https://www.business-standard.com/opinion/columns/labour-laws-fairness-challenge-123050101057_1.html Just having a 12-hour workday does not necessarily constitute exploitation. If implemented properly and without causing harm to workers, it could create a

Clipped from: https://www.business-standard.com/opinion/columns/unemployment-rate-rises-in-april-123050100899_1.html The notable rise in LPR and employment rate in India in the month of April reflects an increase in willingness among people to

lipped from: https://www.business-standard.com/economy/news/tracking-the-economic-indicators-oil-imports-from-russia-make-a-new-record-123050100930_1.html US supplies were one the biggest casualties of Russian inroads into India’s crude oil market Photo: Bloomberg Listen to This Article Indian imports

lipped from: https://www.business-standard.com/companies/interviews/mobikwik-will-expand-product-offering-add-new-users-merchants-in-fy24-123050100757_1.html ‘FY24 will be a big year for us. We want to be profitable in all quarters – and for the full financial year’