Read more at: https://taxguru.in/income-tax/cash-transactions-income-tax-dept-advises.html#google_vignetteCopyright © Taxguru.in https://taxguru.in/income-tax/cash-transactions-income-tax-dept-advises.html Clipped from: https://taxguru.in/income-tax/cash-transactions-income-tax-dept-advises.html A. Introduction: Individuals prefer to receive, pay and transfer cash when the amounts of transactional value (money) involved
Category: Seven Star
Nominee of Shares: SC Ruling on Absolute Ownership vs Succession Laws
https://taxguru.in/company-law/nominee-shares-sc-ruling-absolute-ownership-vs-succession-laws.html Clipped from: https://taxguru.in/company-law/nominee-shares-sc-ruling-absolute-ownership-vs-succession-laws.html Shakti Yezdani & Anr. Vs Jayanand Jayant Salgaonkar & Ors. (Supreme Court of India) Introduction: The Supreme Court of India recently delivered
Show Cause Notices (SCN) under GST: Procedures, Judgments & Implications
https://taxguru.in/goods-and-service-tax/show-cause-notices-gst-procedures-judgments-implications.html Clipped from: https://taxguru.in/goods-and-service-tax/show-cause-notices-gst-procedures-judgments-implications.html Navigating the intricacies of Show Cause Notices (SCN) under the Goods and Services Tax (GST) regime is crucial for businesses. This presentation
Telecommunications Bill, 2023 – The Hindu BusinessLine
https://www.thehindubusinessline.com/news/bl-explainer-telecommunications-bill-2023/article67663131.ece Clipped from: https://www.thehindubusinessline.com/news/bl-explainer-telecommunications-bill-2023/article67663131.ece The Bill amends and consolidates the law on development, expansion and operation of telecom services and networks, and assignment of spectrum What
प्रगती म्हणजे व्यक्तीची जागा व्यवस्थेनं घेणं—लोकसत्ता
https://www.loksatta.com/lokrang/on-the-occasion-of-the-release-of-raghuram-rajan-and-rohit-lamba-book-breaking-the-mould-raghuram-rajan-expressed-his-views-on-the-current-state-of-indian-economy-and-politics-ssb-93-4104926/ Clipped from: https://www.loksatta.com/lokrang/on-the-occasion-of-the-release-of-raghuram-rajan-and-rohit-lamba-book-breaking-the-mould-raghuram-rajan-expressed-his-views-on-the-current-state-of-indian-economy-and-politics-ssb-93-4104926/ प्रगती म्हणजे व्यक्तीची जागा व्यवस्थेनं घेणं! रघुराम राजन यांची कायमस्वरूपी ओळख प्राध्यापक हीच आहे. नव्या पुस्तकानिमित्तानं त्यांचे सहलेखक रोहित लांबा आणि राजन
Telecom Bill 2023: Here are 10 important changes that will impact you
https://www.business-standard.com/industry/news/telecom-bill-2023-here-are-10-important-changes-that-will-impact-you-123122200568_1.html Clipped from: https://www.business-standard.com/industry/news/telecom-bill-2023-here-are-10-important-changes-that-will-impact-you-123122200568_1.html Telecommunications Bill: If any mobile user has more than nine SIM cards issued on one Aadhaar card, they will be penalised up
Indian Penal Code to Nyaya Sanhita: What’s new, what is out, what changes
Clipped from: https://indianexpress.com/article/explained/explained-law/indian-penal-code-to-nyaya-sanhita-whats-new-what-is-out-what-changes-9078213/ From sedition to fake news to mob lynching, the Bharatiya Nyaya Sanhita Bill, 2023 brings in several changes to the IPC, which it
Personal Hearing Mandatory u/s 75(4) of GST Act, even if otherwise opted for: Madras HC
Clipped from: https://www.taxscan.in/personal-hearing-mandatory-u-s-754-of-gst-act-even-if-otherwise-opted-for-madras-hc-read-order/354319/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Personal%20Hearing%20Mandatory%20u/s%2075(4)%20of%20GST%20Act,%20even%20if%20otherwise%20opted%20for:%20Madras%20HC The Madras High Court observed that personal hearing is mandatory under Section 75 (4) of the Goods and Services Tax (GST) Act, even
Supreme Court upholds Calcutta HC Verdict granting GST ITC to Purchaser except in Exceptional Cases
Clipped from: https://www.taxscan.in/supreme-court-upholds-calcutta-hc-verdict-granting-gst-itc-to-purchaser-except-in-exceptional-cases-read-order/353638/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Supreme%20Court%20upholds%20Calcutta%20HC%20Verdict%20granting%20GST%20ITC%20to%20Purchaser%20except%20in%20Exceptional%20Cases A Two-Judge Bench of the Supreme Court has upheld the Calcutta High Court judgment, rejecting the department’s appeal against the Calcutta High Court
5 years after taking charge, RBI guv Das faces ‘inflation at 4%’ challenge
https://www.business-standard.com/economy/news/bringing-cpi-inflation-to-4-within-a-year-will-be-das-biggest-achievement-123121401259_1.html Clipped from: https://www.business-standard.com/economy/news/bringing-cpi-inflation-to-4-within-a-year-will-be-das-biggest-achievement-123121401259_1.html During his five-year tenure, the banking sector has become resilient, improving profitability and maintaining healthy capital Photo: Bloomberg Reserve Bank of India
Logistics cost in India at 7.8% – 8.9% of GDP in 2021-22: NCAER report – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/logistics/logistics-cost-in-india-at-78-89-of-gdp-in-2021-22-ncaer-report/article67638743.ece Clipped from: https://www.thehindubusinessline.com/economy/logistics/logistics-cost-in-india-at-78-89-of-gdp-in-2021-22-ncaer-report/article67638743.ece Framework for scientific estimation of logistics cost to be refined further by including primary data, real-time big data Logistics cost in India
All about Unnati zero coupon zero principal instrument – The Hindu BusinessLine
https://www.thehindubusinessline.com/blexplainer/all-about-unnati-zero-coupon-zero-principal-bond/article67634781.ece Clipped from: https://www.thehindubusinessline.com/blexplainer/all-about-unnati-zero-coupon-zero-principal-bond/article67634781.ece ZCZP bonds do not give any interest, and investors will not get any money back on the maturity of the bond What
AI can become strongest tool for development or destruction: PM Modi – The Hindu BusinessLine
https://www.thehindubusinessline.com/info-tech/ai-can-become-strongest-tool-for-development-but-can-also-play-a-pivotal-role-in-its-destruction-pm/article67631378.ece Clipped from: https://www.thehindubusinessline.com/info-tech/ai-can-become-strongest-tool-for-development-but-can-also-play-a-pivotal-role-in-its-destruction-pm/article67631378.ece Speaking at the inaugural session of Global Partnership on Artificial Intelligence, Modi stressed upon the need for conviction, commitment, coordination and collaboration,
Arbitration Clauses in Unstamped Agreements are Enforceable: Supreme Court [Read Order]
Clipped from: https://www.taxscan.in/arbitration-clauses-in-unstamped-agreements-are-enforceable-supreme-court-read-order/352678/ A Seven Judge Bench of the Supreme Court of India observed that the arbitration clauses in unstamped agreements are enforceable. The bench comprising
Joint Member & Associate Member – sahakaradda.com
Clipped from: https://sahakaradda.com/housing-society-issues-and-solutions/ Please take note of important changes in the definition of an Associate Member as per amended Maharashtra Cooperative Societies Act w.e.f. 9/03/2019 Prior to
No Penalty if no inaccurate Reporting and no Concealment by Assessee
https://taxguru.in/income-tax/penalty-inaccurate-reporting-concealment-assessee.html Clipped from: https://taxguru.in/income-tax/penalty-inaccurate-reporting-concealment-assessee.html CIT Vs Standard Chartered Grindlays Pty Ltd (Delhi High Court) Introduction: The recent decision by the Delhi High Court in the case of
Non-Consideration of Reply Violates Natural Justice; HC Grants Opportunity of Hearing
https://taxguru.in/goods-and-service-tax/gst-non-consideration-reply-violates-natural-justice-hc-grants-opportunity-hearing.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-non-consideration-reply-violates-natural-justice-hc-grants-opportunity-hearing.html Daksh Enterprise Vs Commissioner Of State Tax (Gujarat High Court) Introduction: In a recent judgment, the Gujarat High Court addressed a critical issue
Service Tax Demand based on Form 26 AS from Income Tax Dept without Investigation is Invalid: CESTAT
Clipped from: https://www.taxscan.in/service-tax-demand-based-on-form-26-as-from-income-tax-dept-without-investigation-is-invalid-cestat/342057/ The Kolkata Bench of the Customs, Excise & Service Tax Appellate Tribunal(CESTAT) has held that service tax demand based on Form 26 AS from the
Important Update: E-way Bill System Issues Advisory on Verification of Transporter ID in E-way Bills
Clipped from: https://www.taxscan.in/important-update-e-way-bill-system-issues-advisory-on-verification-of-transporter-id-in-e-way-bills/341938/ The E-way bill system has issued an advisory on verification of transporter ID in E-way bills based on the queries received by the
Online Compliance Advisory: ITC Mismatch Resolution with GST DRC-01C
https://taxguru.in/goods-and-service-tax/online-compliance-advisory-itc-mismatch-resolution-gst-drc-01c.html Clipped from: https://taxguru.in/goods-and-service-tax/online-compliance-advisory-itc-mismatch-resolution-gst-drc-01c.html Introduction: As of November 14, 2023, the Goods and Services Tax Network (GSTN) has introduced a crucial feature to address discrepancies in Input