Clipped from: https://www.financialexpress.com/business/news/for-msmes-data-is-what-keeps-cash-flows-moving-tejas-goenka-managing-director-tally-solutions/4119200/ In an exclusive interaction, Tejas Goenka, MD of Tally Solutions, breaks down how the new TallyPrime 7.0 is solving MSME fragmentation. Tejas Goenka,
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E-commerce promise for a Viksit Bharat – Opinion News | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/e-commerce-promise-for-a-viksit-bharat/4117675/ The goal should not be regulation of the sector for its own sake, but a framework that fuels growth and fairness equally E-commerce
Insolvency tribunals can’t decide disputed ownership issues, says SC | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/insolvency-tribunals-can-t-decide-disputed-ownership-issues-says-sc-126012201474_1.html SC rules insolvency tribunals cannot decide contested trademark ownership; parties must pursue IP rights in civil or commercial courts Allowing GCL’s appeal on
Single GST SCN for Multiple Years Wrongly Aggregates Different Tax Periods with Different Due Dates & Limitations: Bombay HC Quashes Notice [Read Order]
Clipped from: https://www.taxscan.in/top-stories/single-gst-scn-for-multiple-years-wrongly-aggregates-different-tax-periods-with-different-due-dates-limitations-bombay-hc-quashes-notice-1442202?TRN300=cVKGJqCuSADlKEeaEaxMcBggaCJUguMbVVAeAhPXgzxMEUfsiMCbZyuMbMCAsh&LKD333=3364712 The High Court noted that each financial year constitutes a distinct tax period, and a consolidated notice for multiple years violates the statutory
‘Bunching’ of GST notices across Multiple FYs Not Permissible: Madras HC; Holds Section 74A applicable from FY 2024-25 [Read Order]
Clipped from: https://www.taxscan.in/top-stories/bunching-of-gst-notices-across-multiple-fys-not-permissible-madras-hc-holds-section-74a-applicable-from-fy-2024-25-1442199?TRN300=cVKGJqCuSADlKEeaEaxMcBggaCJUguMbVVAeAhPXgzxMEUfsiMCbZyuMbMCAsh&LKD333=3364731 The GST department’s notice under Section 73 for FY 2024-25 and FY 2025-26 was without jurisdiction due to the statutory omission of Sections
Why Most GST SCNs Are Legally Weak: Common Drafting Errors with Case Laws
Clipped from: https://www.taxscan.in/top-stories/why-most-gst-scns-are-legally-weak-common-drafting-errors-with-case-laws-1442198?TRN300=cVKGJqCuSADlKEeaEaxMcBggaCJUguMbVVAeAhPXgzxMEUfsiMCbZyuMbMCAsh&LKD333=3364740 Most GST Show Cause Notices fail because they lack proper allegations, evidence, computation, and adherence to natural justice, making them legally unsustainable. A Show
IT’s a new normal – The HinduBusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/editorial/editorial-its-a-new-normal/article70529148.ece Even if the worst is over, IT sector needs to shape up The combined market cap of the big four tech companies as
*******Co-borrowers must be co-owners and contribute to EMIs to claim tax benefits | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/co-borrowers-must-be-co-owners-and-contribute-to-emis-to-claim-tax-benefits-126012000617_1.html The deduction claimed must be in proportion to their ownership share and actual EMI contribution Deduction on interest can be claimed only from
The human ‘factor’ – Opinion News | The Financial Express
lipped from: https://www.financialexpress.com/opinion/the-human-factor-2/4113899/ Health and education schemes must et more funds and better design Why Factor Reforms Need a Human Development Engine Reforms in factor markets—covering
What’s the right way to gift my share of land to my sisters, gift deed or relinquishment deed? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/whats-the-right-way-to-gift-my-share-of-land-to-my-sisters-gift-deed-or-relinquishment-deed/articleshow/126791557.cms Listen to this article in summarized format These are a set of queries raised by ET Wealth readers, which have been answered by
Man sells Delhi property, shifts to Australia; tax dept adds Rs 40 lakh as unexplained cash credit, but he wins in ITAT Delhi – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/man-sells-delhi-property-shifts-to-australia-tax-dept-adds-rs-40-lakh-as-unexplained-cash-credit-but-he-wins-in-itat-delhi/articleshow/125710590.cms Listen to this article in summarized format Income Tax Appellate Tribunal (ITAT), Delhi, ruled that taxpayers can claim Section 54 capital gains tax exemption on
Reopening Invalid If Original Issue Not Added in Assessment: ITAT Delhi
Clipped from: https://taxguru.in/income-tax/reopening-invalid-original-issue-added-assessment.html Sonal Jain Vs CIT (Appeals) (ITAT Delhi) Reopening Fails When Original Issue Not Added — ITAT Delhi Deletes Section 68 Addition on Cash
ITAT Remands Double PAN Assessment for Proper Bank Deposit Reconciliation
Clipped from: https://taxguru.in/income-tax/assessment-set-due-double-pan-bank-mismatch.html Sandhya Das Vs ITO (ITAT Kolkata) Assessment Set Aside in Double PAN Case – Matter Remanded for Proper Reconciliation of Bank Deposits The
Analysis of Sections 68, 129 & 130 with respect to goods in transit under GST
lipped from: https://taxguru.in/goods-and-service-tax/sections-68129-130-respect-goods-transit-gst.html Summary- The article examines the statutory framework governing inspection, detention, seizure, and confiscation of goods in transit under the GST regime, with a particular
China needs to rebalance trade – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/why-china-needs-to-import-more/article70526352.ece China posted a record trade surplus despite US tariffs. But it needs to work towards greater trade balance with other nations Higher Chinese
Public sector banks sanction over ₹52,300 crore in MSME loans via new assessment model – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/public-sector-banks-sanction-over-52300-crore-in-msme-loans-via-new-assessment-model/article70524974.ece This model, which leverages digital credit underwriting, represents a shift from traditional collateral-based lending to a system fuelled by verifiable data and real-time
Turning recognition into protection for gig workers – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/turning-recognition-into-protection-for-gig-workers/article70526494.ece Apart from documentation, gig workers’ digital identity should be linked to benefit schemes to ensure payouts through life Social security must be portable.
Consumer Protection: Fit-out possession does not count as delivery of flat
Clipped from: https://www.business-standard.com/opinion/columns/consumer-protection-fit-out-possession-does-not-count-as-delivery-of-flat-126011800799_1.html The Chandigarh State Commission noted that obtaining both certificates – completion and occupation – is a must to make possession offer legally valid
The long road to recovery: Need to expand NCLT strength to reduce delays | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/the-long-road-to-recovery-need-to-expand-nclt-strength-to-reduce-delays-126011800810_1.html India’s bad loan problem is easing, but rising delays at the NCLT highlight the urgent need to expand tribunal strength to speed up
Why growth isn’t saving the rupee despite low inflation, modest CAD | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/why-growth-isn-t-saving-the-rupee-despite-low-inflation-modest-cad-126011901333_1.html Strong headline numbers, low inflation and a modest current account deficit have fostered the belief that little needs fixing Listen to This Article