https://www.thehindu.com/opinion/op-ed/modis-rouble-wise-rupee-foolish-policy/article67060537.ece Clipped from: https://www.thehindu.com/opinion/op-ed/modis-rouble-wise-rupee-foolish-policy/article67060537.ece India has been boxed into helping China in its currency supremacy A motorcyclist watches as an employee at a fuel station fills
Category: Study
India should move towards complete convertibility of rupee
https://www.business-standard.com/opinion/columns/india-should-move-towards-complete-convertibility-of-rupee-123070900801_1.html Clipped from: https://www.business-standard.com/opinion/columns/india-should-move-towards-complete-convertibility-of-rupee-123070900801_1.html The IDG believes that CAC is not a pre-condition for internationalisation of INR, or vice-versa, and makes several recommendations over the short-term
👍👍👍👍👍👍👍Who can dethrone the US dollar?
https://www.business-standard.com/opinion/columns/who-can-dethrone-the-us-dollar-123070900758_1.html Clipped from: https://www.business-standard.com/opinion/columns/who-can-dethrone-the-us-dollar-123070900758_1.html There is little conflict between dollar domination and Indian success Dethrone the US dollar The United States (US) was at the upper
CAD fall looks good, but can’t be end in itself – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/cad-fall-looks-good-but-cant-be-end-in-itself/article67060594.ece lipped from: https://www.thehindubusinessline.com/opinion/editorial/cad-fall-looks-good-but-cant-be-end-in-itself/article67060594.ece The changing nature of services exports suggests that the buoyancy is expected to stay The Finance Ministry’s annual review of the economy
👍👍👍👍👍👍👍Income Tax; Both joint account holders liable to pay tax on interest | The Financial Express
https://www.financialexpress.com/money/income-tax/your-queries-income-tax-both-joint-account-holders-liable-to-pay-tax-on-interest/3160686/ Clipped from: https://www.financialexpress.com/money/income-tax/your-queries-income-tax-both-joint-account-holders-liable-to-pay-tax-on-interest/3160686/ Interest earned on joint accounts are taxable in the hands of both primary and secondary account holders. ITR 1 is a simple
👍👍👍👍👍👍👍No addition can be made on Immovable Property purchased out of Gifts received from Relatives: ITAT directs Re-adjudication
Clipped from: https://www.taxscan.in/no-addition-can-be-made-on-immovable-property-purchased-out-of-gifts-received-from-relatives-itat-directs-re-adjudication-read-order/296643/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=No%20addition%20can%20be%20made%20on%20Immovable%20Property%20purchased%20out%20of%20Gifts%20received%20from%20Relatives:%20ITAT%20directs%20Re-adjudication By Aparna. M – On July 8, 2023 1:30 pm – 2 mins read The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) ruled that no addition could
👍👍👍👍👍👍👍HC Excludes 01.03.2020 – 28.02.2022 from GST Refund Limitation Period
https://taxguru.in/goods-and-service-tax/hc-excludes-01-03-2020-28-02-2022-gst-refund-limitation-period.html Clipped from: https://taxguru.in/goods-and-service-tax/hc-excludes-01-03-2020-28-02-2022-gst-refund-limitation-period.html Overseas Vs Union Of India And Ors (Delhi High Court) Introduction: The Delhi High Court has provided significant relief to petitioners seeking refunds
Delay in filing of appeal condoned in absence of any deliberate/ intentional/ gross negligence
https://taxguru.in/income-tax/delay-filing-appeal-condoned-absence-deliberate-intentional-gross-negligence.html Clipped from: https://taxguru.in/income-tax/delay-filing-appeal-condoned-absence-deliberate-intentional-gross-negligence.html Nimesh Kanubhai Topiwala Vs DCIT (ITAT Surat) ITAT Surat held that the delay in filing appeal before ld CIT(A)/ NFAC is not
AAR cannot give ruling on question already decided by jurisdictional authority
https://taxguru.in/goods-and-service-tax/aar-ruling-question-decided-jurisdictional-authority.html Clipped from: https://taxguru.in/goods-and-service-tax/aar-ruling-question-decided-jurisdictional-authority.html In re Murshidabad Flour Mill Private Limited (GST AAR West Bengal) AAR held that Since the question raised had already been decided
Absence of Email Access is Valid Ground for Condonation of Delay
https://taxguru.in/income-tax/absence-email-access-valid-grounds-condonation-delay.html Clipped from: https://taxguru.in/income-tax/absence-email-access-valid-grounds-condonation-delay.html Mohammad Saleem Vs ITO (ITAT Delhi) The case of Mohammad Saleem v. ITO, Ward 63(3), New Delhi 110002 [ITA No.28/Del/2023], presided over by ITAT,
income from deemed house: How to calculate deemed rental income from vacant house properties – The Economic Times
https://economictimes.indiatimes.com/wealth/tax/how-to-calculate-deemed-rental-income-from-vacant-house-properties/articleshow/101447054.cms Clipped from: https://economictimes.indiatimes.com/wealth/tax/how-to-calculate-deemed-rental-income-from-vacant-house-properties/articleshow/101447054.cms Synopsis If someone has more than two house properties and the additional properties are vacant, then the provisions of deemed rental will
Lessons from twin balance sheet syndrome – The Hindu BusinessLine
https://www.financialexpress.com/opinion/microfinance-and-financial-health/3151952/ Clipped from: https://www.thehindubusinessline.com/opinion/lessons-from-twin-balance-sheet-syndrome/article67038488.ece Now that banks are on a stronger footing, they will have to focus on improving the quality of credit origination, monitoring, and
👍👍👍👍👍👍👍CBIC waives Filing of Form GSTR-9 and GSTR-9C for Annual Turnover up to 2 cr and 5 cr
Clipped from: https://www.taxscan.in/cbic-waives-filing-of-form-gstr-9-and-gstr-9c-for-annual-turnover-up-to-2cr-and-5cr/295309/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=CBIC%20waives%20Filing%20of%20Form%20GSTR-9%20and%20GSTR-9C%20for%20Annual%20Turnover%20up%20to%202%20cr%20and%205%20cr As a part of the 6th anniversary of the implementation of the Goods and Services Tax (GST), the Central Board of Indirect Taxes and
👍👍👍👍👍👍👍Service Tax Demand under RCM: Transaction-wise, not Invoice-wise
https://taxguru.in/service-tax/service-tax-demand-rcm-transaction-wise-invoice-wise.html Clipped from: https://taxguru.in/service-tax/service-tax-demand-rcm-transaction-wise-invoice-wise.html M.P. Audyogik Kendra Vikas Nigam (Indore) Ltd Vs Principal Commissioner of Central Goods & Service Tax and Central Excise (CESTAT Delhi) In
👍👍👍👍👍Filing your Income Tax returns? Know key changes in ITR for assessment year 2023-24
https://www.business-standard.com/finance/personal-finance/filing-your-returns-know-key-changes-in-itr-for-assessment-year-2023-24-123063000286_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/filing-your-returns-know-key-changes-in-itr-for-assessment-year-2023-24-123063000286_1.html A new disclosure has been added for ‘Income from retirement benefit accounts’. Disclosure is required to be made about the taxable income
RBI’s Safe Deposit Locker Guidelines: Your Rights & Responsibilities
https://taxguru.in/rbi/rbis-safe-deposit-locker-guidelines.html Clipped from: https://taxguru.in/rbi/rbis-safe-deposit-locker-guidelines.html Unlocking the Secrets: Safeguarding Your valuables with RBI’s Safe Deposit Locker Guidelines Safe deposit lockers offered by banks are an excellent way
👍👍👍👍👍👍👍GST Offences: Types, Penalties and Legal Proceedings in India
https://taxguru.in/goods-and-service-tax/gst-offences-types-penalties-legal-proceedings-india.html Clipped from: https://taxguru.in/goods-and-service-tax/gst-offences-types-penalties-legal-proceedings-india.html In July 2017, the concept of Goods and Services Tax (GST) was introduced in India to ensure the smooth flow of taxes
👍👍👍👍👍Extended Limitation in Service Tax Demand -Unjust if no Proof of Fraud or Evasion
https://taxguru.in/service-tax/extended-limitation-service-tax-demand-unjust-proof-fraud-evasion.html Clipped from: https://taxguru.in/service-tax/extended-limitation-service-tax-demand-unjust-proof-fraud-evasion.html Thakarshi J Likhiya Vs Commissioner of Central Excise & ST (CESTAT Ahmedabad) Introduction: In a noteworthy ruling, the Customs, Excise and Service Tax
👍👍👍👍👍👍👍Master Guide on Filing Income Tax Return: Everything You Need to Know
https://taxguru.in/income-tax/faqs-on-filing-the-return-of-income.html Clipped from: https://taxguru.in/income-tax/faqs-on-filing-the-return-of-income.html Article explains benefits of filing your return of income and why fulfilling our duty as a taxpayer is crucial. Filing income tax
Read: Six years of GST: Rs 1.5 trillion monthly tax revenues becomes ‘new normal’, focus on curbing tax evasion
https://www.financialexpress.com/economy/six-years-of-gst-rs-1-5-trillion-monthly-tax-revenues-becomes-new-normal-focus-on-curbing-tax-evasion/3147858/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/fe_app
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