https://taxguru.in/goods-and-service-tax/gst-registration-cancelled-granting-opportunity-heard.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-registration-cancelled-granting-opportunity-heard.html Ashok Kumar Vishwakarma Vs Union of India (Bombay High Court) Introduction: The case of Ashok Kumar Vishwakarma Vs. Union of India sheds light
Category: Seven Star
👍👍👍👍👍👍👍Court admitted writ challenging amendment to Rule 61(5) of CGST Rules
https://taxguru.in/goods-and-service-tax/court-admitted-writ-challenging-amendment-rule-61-5-cgst-rules.html Clipped from: https://taxguru.in/goods-and-service-tax/court-admitted-writ-challenging-amendment-rule-61-5-cgst-rules.html Sakthi Industries Vs Union of India (Madras High Court) The Hon’ble Madras High Court in M/s. Sakthi Industries v. Union of India [W.P.No.26901
👍👍👍👍👍👍👍The Interplay Between Mediation, Insolvency and Bankruptcy
https://taxguru.in/corporate-law/interplay-mediation-insolvency-bankruptcy.html Clipped from: https://taxguru.in/corporate-law/interplay-mediation-insolvency-bankruptcy.html Introduction The worlds of business and finance frequently cross over between mediation, insolvency, and bankruptcy, which are three separate legal processes. Whereas
👍👍👍👍👍👍👍Tax benefits on Rent Free Accommodations: Know the Recent Income Tax Changes
Clipped from: https://www.taxscan.in/tax-benefits-on-rent-free-accommodations-know-the-recent-income-tax-changes/324874/ By Ipsita Das – On September 26, 2023 7:00 pm – 3 mins read The term “accommodation” refers to a location or area where people reside. It
👍👍👍👍👍👍👍Calculation Sheets not proof to Assume Collection of Service Tax: CESTAT quashes Service Tax demand
Clipped from: https://www.taxscan.in/calculation-sheets-not-proof-to-assume-collection-of-service-tax-cestat-quashes-service-tax-demand/324775/ The Chandigarh Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), quashed service tax demand on Construction Services and observed that calculation sheets
👍👍👍👍👍👍👍Mere Non-disclosure of Receipts in Service Tax Return does not mean Intent to Evade Payment of Service Tax: CESTAT
Clipped from: https://www.taxscan.in/mere-non-disclosure-of-receipts-in-service-tax-return-does-not-mean-intent-to-evade-payment-of-service-tax-cestat/324778/ The New Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), observed that mere non-disclosure of receipts in service tax return does
👍👍👍👍👍👍👍GST AAR Karnataka Ruling: E-commerce Operator Status & Tax Liability Clarified
https://taxguru.in/goods-and-service-tax/gst-aar-karnataka-ruling-e-commerce-operator-status-tax-liability-clarified.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-aar-karnataka-ruling-e-commerce-operator-status-tax-liability-clarified.html In re Juspay Technologies Pvt. Ltd. (GST AAR Karnataka) Introduction: In the case of Juspay Technologies Pvt. Ltd., a GST Advance Ruling was sought
👍👍👍👍👍👍👍Registration Cancelled- Still Need to Keep an Eye on The GST Portal
https://taxguru.in/goods-and-service-tax/registration-cancelled-eye-gst-portal.html Clipped from: https://taxguru.in/goods-and-service-tax/registration-cancelled-eye-gst-portal.html When a taxpayer’s GST registration is canceled, it might seem like the end of their obligations under the Goods and Services Tax
👍👍👍👍👍👍👍No Denial of ITC to Purchaser on Mere Non-Recording of Transaction In GSTR-2A Form: Kerala HC
Clipped from: https://www.taxscan.in/no-denial-of-itc-to-purchaser-on-mere-non-recording-of-transaction-in-gstr-2a-form-kerala-hc/322825/ In a significant ruling a Single Bench of the Kerala High Court observed that Input Tax Credit (ITC) cannot be denied to a
👍👍👍👍👍👍👍
Clipped from: https://economictimes.indiatimes.com/epaper/delhicapital/2023/sep/21/et-mkts/nomination-in-mutual-funds/articleshow/103821463.cms?utm_source=newsletter&utm_medium=email&utm_campaign=ETepaper_paid&utm_content=smart-investing&ncode=75d64f4897e8e8ac52cb55467461f7a63c51ccf2c2e8b7502f8bb50efea8914770182bbe663b16a660327ded5e1fa0abb2f39284eaabdd1c587111f0bdd0ca995d173817df59722dad893c74a1696902 Synopsis Regulatory guidelines mandate investors to appoint a nominee for all their mutual fund folios or inform the respective fund house they do
👍👍👍👍👍👍👍Wealthy individuals get I-T summons over non-resident status – The Hindu BusinessLine
https://www.thehindubusinessline.com/news/wealthy-individuals-get-i-t-summons-on-non-resident-status/article67325213.ece Clipped from: https://www.thehindubusinessline.com/news/wealthy-individuals-get-i-t-summons-on-non-resident-status/article67325213.ece Income-tax summons based on information linking Indians with offshore trusts, corporate entities, bank accounts Wealthy individuals are receiving summons from the investigation
👍👍👍👍👍👍👍What is a Residential IP Address? – The Hindu BusinessLine
https://www.thehindubusinessline.com/brandhub/what-is-a-residential-ip-address/article67325770.ece Clipped from: https://www.thehindubusinessline.com/brandhub/what-is-a-residential-ip-address/article67325770.ece As our lives are increasingly intertwined with the virtual world, the idea of privacy and identity preservation has gained paramount importance. In
👍👍👍👍👍👍👍Do you remember the nominee in your bank savings a/c? Here’s how to check, add nominee to savings account – The Economic Times
https://economictimes.indiatimes.com/wealth/save/do-you-remember-the-nominee-in-your-bank-savings-a/c-heres-how-to-check-add-nominee-to-savings-account/articleshow/103809100.cms Clipped from: https://economictimes.indiatimes.com/wealth/save/do-you-remember-the-nominee-in-your-bank-savings-a/c-heres-how-to-check-add-nominee-to-savings-account/articleshow/103809100.cms Synopsis A nominee is a person that an account holder designates to claim the money in the savings account after the original
👍👍👍👍👍👍👍ITC Denied Despite GSTR 2A? Kerala HC’s Landmark Ruling
https://taxguru.in/goods-and-service-tax/itc-denied-despite-gstr-2a-kerala-hcs-landmark-ruling.html Clipped from: https://taxguru.in/goods-and-service-tax/itc-denied-despite-gstr-2a-kerala-hcs-landmark-ruling.html The recent judgment in the case of Diya Agencies vs. State Tax Officer by the Kerala High Court has significant implications for businesses claiming
👍👍👍👍👍👍👍Finding the missing gap in digital lending – The Hindu BusinessLine
https://www.thehindubusinessline.com/specials/current-account/finding-the-missing-gap-in-digital-lending/article67285252.ece Clipped from: https://www.thehindubusinessline.com/specials/current-account/finding-the-missing-gap-in-digital-lending/article67285252.ece The bid for transparency is forcing lenders to follow FLDG contracts, but many say past practices aren’t forgotten yet If you’re stuck
👍👍👍👍👍👍👍India Economy: Ten years since taper tantrum
https://www.business-standard.com/opinion/columns/ten-years-since-taper-tantrum-123091501349_1.html Clipped from: https://www.business-standard.com/opinion/columns/ten-years-since-taper-tantrum-123091501349_1.html If the exogenous pressures were the same across 2013 and 2022, why were outcomes so different across the two episodes? Reserve Bank
👍👍👍👍👍👍👍NOC to account statement: What you must do for loan closure process
https://www.business-standard.com/finance/personal-finance/ensure-credit-reports-reflect-loan-closure-get-noc-from-the-lender-123091900846_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/ensure-credit-reports-reflect-loan-closure-get-noc-from-the-lender-123091900846_1.html Get no objection certificate from lender; have fresh encumbrance certificate issued by registrar Photo: Pexels The Reserve Bank of India (RBI) recently
👍👍👍👍👍👍👍Why a targeted training in tech and finance for MSMEs is critical | The Financial Express
https://www.financialexpress.com/business/sme-why-a-targeted-training-in-tech-and-finance-for-msmes-is-critical-3245095/ Clipped from: https://www.financialexpress.com/business/sme-why-a-targeted-training-in-tech-and-finance-for-msmes-is-critical-3245095/ It is now well documented that the credit gap in the MSME sector is estimated at around Rs 20-25 lakh crore. There
👍👍👍👍👍👍👍I am a senior citizen holding Income Tax records for 40 years. Am I supposed to keep them forever? | The Financial Express
https://www.financialexpress.com/money/i-am-a-senior-citizen-holding-income-tax-records-for-40-years-am-i-supposed-to-keep-them-forever-3247976/ Clipped from: https://www.financialexpress.com/money/i-am-a-senior-citizen-holding-income-tax-records-for-40-years-am-i-supposed-to-keep-them-forever-3247976/ How long should your keep old ITR records: ITR filers should retain their records/documents for up to 10 years from the end
👍👍👍👍👍👍👍 Assessee’s Genuine Belief: Extended Period Inapplicable
https://taxguru.in/excise-duty/extended-period-invocable-bonafidely-believed-processes-doesnt-amount-manufacture.html Clipped from: https://taxguru.in/excise-duty/extended-period-invocable-bonafidely-believed-processes-doesnt-amount-manufacture.html Biswajit Saha Vs Commissioner of Central Excise (CESTAT Kolkata) CESTAT Kolkata held that appellant were under the bonafide belief that processes undertaken