Category: Seven Star

Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-input-tax-credit-in-gst-how-to-claim-itc-and-other-key-things-to-know-for-small-businesses/3070481/ GST Input Tax Credit: According to the Central Board of Indirect Taxes and Customs (CBIC), ITC is a mechanism to avoid the “cascading

👍👍👍👍👍👍👍TDS return online: Here’s all you need to know about TDS and TDS return guidelines; check details | The Financial Express

Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-tds-return-online-heres-all-you-need-to-know-about-tds-and-tds-return-guidelines-check-details/3071810/ TDS Return File Online: TDS return is a quarterly summary of all TDS transactions including tax collected from payments as well as deposits made

👍👍👍👍👍👍👍Social Security and its relevance under Labour legislation in India

Clipped from: https://taxguru.in/corporate-law/social-security-relevance-labour-legislation-india.html Introduction Social Security is one of the most important aspects of a welfare state, which is aimed at providing a safety net for

👍👍👍👍👍👍👍Code on Wages, 2019: An Analysis of its Implications for Labor Law in India

1 May 2023 Anil R Tikotekar

Clipped from: https://taxguru.in/corporate-law/code-wages-2019-analysis-implications-labor-law-india.html Introduction In August 2019, the Indian Parliament passed the Code on Wages, 2019. The Code on Wages consolidates and replaces four existing labor

🙏🙏🙏🙏🙏🙏🙏How to save tax after selling a house/property in India in 2023 – Explained | The Financial Express

Clipped from: https://www.financialexpress.com/money/income-tax/how-to-save-tax-after-selling-a-house-property-in-india-in-2023-explained/3069783/?ref=Must_Read Tax saving on selling a property in India: Selling a house for profit is a big decision. But not handling the tax implications

🙏🙏🙏🙏🙏🙏🙏No Depreciation on Goodwill from F.Y. 2020-21 – Advisory, Tax and Regulatory Compliance in India, Singapore and USA

1 May 2023 Anil R Tikotekar

Clipped from: https://taxmantra.com/no-depreciation-on-goodwill-from-f-y-2020-21/ Alert- Adjustment required in F.Y. 2020-21 if depreciation on goodwill claimed in F.Y. 2019-20 Income Tax Act, 1961 (Act) provides depreciation on ‘block

👍👍👍👍👍👍👍Complete Case Digest of Maharashtra AAR (Part 3)

30 Apr 2023 Anil R Tikotekar

Clipped from: https://www.taxscan.in/complete-case-digest-of-maharashtra-aar-part-3/272174/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Complete%20Case%20Digest%20of%20Maharashtra%20AAR%20(Part%203) The Maharashtra GST AAR refers to the Advance Ruling Authority (AAR) for the state of Maharashtra under India’s Goods and Services Tax (GST)

👍👍👍👍👍👍👍Target, policy mismatch: Renewable energy developers set higher hurdles

29 Apr 2023 Anil R Tikotekar

Clipped from: https://www.business-standard.com/economy/analysis/india-s-renewable-energy-tendering-targets-outstrip-policy-enablers-123042800711_1.html India’s latest tendering target is a case of ambition overtaking the policy environment for doing business Indian developers of renewable energy projects are

👍👍👍👍👍👍👍Disabled need legal aid – The Hindu BusinessLine

Clipped from: https://www.thehindubusinessline.com/opinion/disabled-need-legal-aid/article66786020.ece This will help them contribute to society more India’s Rights of Persons with Disabilities Act of 2016 is a vital law that intends

👍👍👍👍👍👍👍Complete Case Digest of Maharashtra AAR (Part 3)

👍👍👍👍👍👍👍Denying cross examination of witnesses and non-supplying of records renders proceeding untenable

Clipped from: https://taxguru.in/excise-duty/denying-cross-examination-witnesses-non-supplying-records-renders-proceeding-untenable.html Gopi Biri Factory Vs Commissioner of CGST & Excise, Siliguri (CESTAT Kolkata) CESTAT Kolkata held that denial of cross examination of witnesses and

👍👍👍👍👍👍👍Notice u/s 148 of Income Tax Act lacks record

Clipped from: https://www.taxscan.in/notice-u-s-148-of-income-tax-act-lacks-record-of-reasons-to-believe-for-initiating-proceedings-itat-quashes-re-assessment-order/272837/ According to the counsel, it is a prerequisite that reasons to believe recorded by the AO for initiating the proceedings under Section 148

👍👍👍👍👍👍👍No Unjust Enrichment when Goods Sold to Customer at Lower Price: CESTAT

Clipped from: https://www.taxscan.in/no-unjust-enrichment-when-goods-sold-to-customer-at-lower-price-cestat/272506/ The Chandigarh bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that no scope for unjust enrichment when goods are sold to customers

👍👍👍👍👍👍👍Compensation paid by builder during redevelopment of flats is capital receipt

lipped from: https://taxguru.in/income-tax/compensation-paid-builder-redevelopment-flats-capital-receipt.html Ajay Parasmal Kothari Vs ITO (ITAT Mumbai) ITAT Mumbai held that compensation paid by the builder for facing hardship during redevelopment of flats

👍👍👍👍👍👍👍Embedded finance: The next big disruptor in consumer financial services – BusinessToday

Clipped from: https://www.businesstoday.in/opinion/columns/story/embedded-finance-the-next-big-disruptor-in-consumer-financial-services-378761-2023-04-25 Embedded finance as a concept integrates financial service or tool within the products or services of a non-financial platform as part of user

👍👍👍👍👍👍👍Complete Case Digest of Maharashtra AAR (Part 2)

Clipped from: https://www.taxscan.in/complete-case-digest-of-maharashtra-aar-part-2/272213/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Complete%20Case%20Digest%20of%20Maharashtra%20AAR%20(Part%202) The GST AAR’s decision is only binding on the applicant who requested the verdict and the jurisdictional GST authorities. If the GST officer

👍👍👍👍👍👍👍Delay condone period due to covid 👍plus👌 Dept Appeal Below Tax Effect of Rs. 50 Lakhs: ITAT dismisses Appeal as per CBDT Circular

👍👍👍👍👍👍👍CRED mint: Should you opt for this curated P2P lending platform? – The Hindu BusinessLine