https://taxguru.in/income-tax/understanding-capital-gain-account-scheme.html Clipped from: https://taxguru.in/income-tax/understanding-capital-gain-account-scheme.html Introduction The Capital Gain Account Scheme (CGAS) was introduced by the Central Government of India in 1988 as a part of the
Category: Seven Star
👍👍👍👍👍👍👍Service Tax not leviable Merely on Basis of Figures Reflected in Statutory Records: CESTAT
Clipped from: https://www.taxscan.in/service-tax-not-leviable-merely-on-basis-of-figures-reflected-in-statutory-records-cestat-read-order/385487/ Service tax not leviable merely on basis of figures reflected in statutory records, rules CESTAT By Kalyani B. Nair – On March 22, 2024 2:12 pm –
👍👍👍👍👍👍👍Complete Guidance on Form MSME-1 & Analysis of Section 43B(h)
https://taxguru.in/company-law/complete-guidance-form-msme-1.html Clipped from: https://taxguru.in/company-law/complete-guidance-form-msme-1.html Complete Guidance on Form MSME And Analysis on Section 43B(h) of Income Tax Act, 1961 Introduction Gain complete guidance on Form MSME-1
👍👍👍👍👍👍👍Show Cause Notice Under GST Regime- A Comprehensive Analysis
https://taxguru.in/goods-and-service-tax/show-notice-goods-service-tax-regime-comprehensive-analysis.html Clipped from: https://taxguru.in/goods-and-service-tax/show-notice-goods-service-tax-regime-comprehensive-analysis.html INTRODUCTION Show cause notice which is usually termed as SCN is a notice issued by the proper officer to the registered tax
👍👍👍👍👍👍👍No Reversal of ITC Despite Supplier’s Non-Existence
https://taxguru.in/goods-and-service-tax/reversal-itc-suppliers-non-existence.html Clipped from: https://taxguru.in/goods-and-service-tax/reversal-itc-suppliers-non-existence.html Introduction: The issue of Input Tax Credit (ITC) under the GST regime has been a contentious subject, particularly when suppliers’ registrations are
👍👍👍👍👍👍👍Startup Mahakumbh 2024: A rite of passage for India’s innovators | Start Ups – Business Standard
https://www.business-standard.com/companies/start-ups/startup-mahakumbh-in-bharat-mandapam-a-confluence-of-hope-and-diversity-124031700461_1.html Clipped from: https://www.business-standard.com/companies/start-ups/startup-mahakumbh-in-bharat-mandapam-a-confluence-of-hope-and-diversity-124031700461_1.html Startup Mahakumbh is expected to host more than 1,000 startups, as many investors, 50 unicorns, 500 incubators and accelerators, 5,000 delegates from
👍👍👍👍👍👍👍SBI issues Guide to NRI Taxation and FEMA Matters
Clipped from: https://www.taxscan.in/sbi-issues-guide-to-nri-taxation-and-fema-matters-read-order/383604/ SBI has NRI customers through 434 dedicated specialised NRIbranches/NRI Intensive branches in India and foreign offices in 29 countries. By Navasree A.M – On March 15,
👍👍👍👍👍👍👍Capex or human development? – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/capex-or-human-development/article67951685.ece Clipped from: https://www.thehindubusinessline.com/opinion/capex-or-human-development/article67951685.ece Social sector should be at par with physical infrastructure. And communities should be involved in implementing the latter The Union Budget has
👍👍👍👍👍👍👍DGFT partners with DHL for training MSMEs in e-commerce – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/logistics/dgft-partners-with-dhl-for-training-msmes-in-e-commerce/article67951282.ece Clipped from: https://www.thehindubusinessline.com/economy/logistics/dgft-partners-with-dhl-for-training-msmes-in-e-commerce/article67951282.ece To help MSMEs to benefit from e-commerce and make them “export-ready” The Directorate General of Foreign Trade (DGFT) has entered into a
👍👍👍👍👍👍👍KYC rules to change: Uniform KYC for all — opening bank account to buying insurance to investing in stocks, mutual funds – CAalley.com
https://caalley.com/new-update/indian-news-listings/kyc-rules-to-change-uniform-kyc-for-all-opening-bank-account-to-buying-insurance-to-investing-in-stocks-mutual-funds Clipped from: https://caalley.com/new-update/indian-news-listings/kyc-rules-to-change-uniform-kyc-for-all-opening-bank-account-to-buying-insurance-to-investing-in-stocks-mutual-funds KYC rules to change: Mar 13, 2024 SynopsisIn its recent meetings, FSDC, chaired by Finance Minister Nirmala Sitharaman, proposed to bring uniform
👍👍👍👍👍👍👍Interest Income received from Co-operative Banks cannot be equated with interest received from Co-operative Society: ITAT not allowed deduction u/s 80P (2) (d) of Income Tax Act
Clipped from: https://www.taxscan.in/interest-income-received-from-co-operative-banks-cannot-be-equated-with-interest-received-from-co-operative-society-itat-not-allowed-deduction-u-s-80p-2-d-of-income-tax-act-read-order/373691/ ITAT disallowed deduction under Section 80P (2)(d) of the Income Tax Act, 1961, stating that interest income received from cooperative banks cannot be
👍👍👍👍👍👍👍Ease or Cease of Doing Business : Are GST Registration Queries a Growing Concern, Need Govt Intervention?
Clipped from: https://www.taxscan.in/ease-or-cease-of-doing-business-are-gst-registration-queries-a-growing-concern-need-govt-intervention/382523/ In every tax system, registration stands as the cornerstone for identifying taxpayers and ensuring compliance with tax regulations within the economy. Under the
👍👍👍👍👍👍👍Section 43B(h) and Limitation Period under Section 15 of MSMED Act
https://taxguru.in/income-tax/section-43b-h-limitation-period-section-15-msmed-act.html Clipped from: https://taxguru.in/income-tax/section-43b-h-limitation-period-section-15-msmed-act.html Introduction: The Micro, Small, and Medium Enterprises Development (MSMED) Act plays a pivotal role in defining the operational and financial dynamics between buyers
👍👍👍👍👍👍👍Service Tax cannot be Demanded on Sole basis of Information from ITR and Form 26AS: CESTAT
Clipped from: https://www.taxscan.in/service-tax-cannot-be-demanded-on-sole-basis-of-information-from-itr-and-form-26as-cestat-read-order/380190/ Service tax cannot be demanded on sole basis of information from ITR and Form 26AS, rules CESTAT By Kalyani B. Nair – On March 5, 2024
👍👍👍👍👍👍👍GST Officer Ignores Taxpayer’s Reply – Delhi HC Orders Re-adjudication
https://taxguru.in/goods-and-service-tax/gst-officer-ignores-taxpayers-reply-delhi-hc-orders-re-adjudication.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-officer-ignores-taxpayers-reply-delhi-hc-orders-re-adjudication.html Arrow Aircraft Sales and Charters Private Limited Vs Sales Tax Officer (Delhi High Court) Introduction: In a recent judgment, the Delhi High Court has
👍👍👍👍👍👍👍AAR and AAAR Weekly Round Up
Clipped from: https://www.taxscan.in/aar-and-aaar-weekly-round-up-34/379743/ This roundup analytically summarizes the stories related to the Goods and Services Tax Authority for Advance Ruling ( AAR ) and Appellate Authority
👌👌👌👌👌👌👌Service tax demands cannot be imposed solely on ITR/26AS statements: CESTAT Hyderabad
https://taxguru.in/service-tax/service-tax-demands-imposed-solely-itr-26as-statements-cestat-hyderabad.html Clipped from: https://taxguru.in/service-tax/service-tax-demands-imposed-solely-itr-26as-statements-cestat-hyderabad.html Gopi Chenna Vs Commissioner of Central Tax Medchal – GST (CESTAT Hyderabad) Introduction: The CESTAT Hyderabad recently passed a crucial order on two
👌👌👌👌👌👌👌Failure to Respond on SCN due to Missing Receipt of Notice from GST Portal: Delhi HC directs Re Adjudication
Clipped from: https://www.taxscan.in/failure-to-respond-on-scn-due-to-missing-receipt-of-notice-from-gst-portal-delhi-hc-directs-re-adjudication/378126/ The Delhi High Court directed re-adjudication as the failure to respond to Show Cause Notice ( SCN ) was due to a missing
👌👌👌👌👌👌👌Delhi HC Sets Aside Order Due to GST SCN sent on wrong Email Address
https://taxguru.in/goods-and-service-tax/delhi-hc-sets-aside-order-due-gst-scn-sent-wrong-email-address.html Clipped from: https://taxguru.in/goods-and-service-tax/delhi-hc-sets-aside-order-due-gst-scn-sent-wrong-email-address.html Babaji Bags A Proprietary Firm Vs Union of India (Delhi High Court) In a recent development, the Delhi High Court has overturned