Clipped from: https://taxguru.in/income-tax/capital-gains-taxable-year-possession-registration-itat-mumbai.html Maimoon Fashion Accessories Pvt. Ltd. Vs ITO (ITAT Mumbai) Background: Maimoon Fashion Accessories Pvt. Ltd. (“the assessee”) appealed before the ITAT Mumbai against the
GST Liability Cannot Be Deferred Due to Non-Reimbursement by Government Department: Madras High Court Allows Installment Relief to Contractor [Read Order]
Clipped from: https://www.taxscan.in/top-stories/gst-liability-cannot-be-deferred-due-to-non-reimbursement-by-government-department-madras-high-court-allows-installment-relief-to-contractor-1435296?transaction_id=cvbGzMSUCAdlbdhXawFMSKGGaSzDwuMKuhxagFlHwJGMvuFsiMcbJiuqbMCACH&link_id=3082976 The Court relied on the 47th GST Council Meeting Minutes revising the rate from 12% to 18%. The Bench of the Madras High
How Much Can a CA Charge for a Tax Audit? Know ICAI’s Minimum Fee
Clipped from: https://www.taxscan.in/how-much-can-a-ca-charge-for-a-tax-audit-know-icais-minimum-fee/511311?transaction_id=cvbGzMSUCAdlbdhXawFMSKGGaSzDwuMKuhxagFlHwJGMvuFsiMcbJiuqbMCACH&link_id=3082984 X CA tax audit fees – ICAI fee – Minimum CA charges – Taxscan CA tax audit fees – ICAI fee – Minimum
*****Temporary lull in business not cessation, allows tax deductions: SC | Industry News – Business Standard
Clipped from: https://www.business-standard.com/industry/news/supreme-court-business-lull-tax-relief-pride-foramer-judgment-125102100609_1.html Apex court says firms remain ‘in business’ for tax purposes even during temporary inactivity if efforts to continue operations are evident The company,
Rate cut likely by year-end; GST reforms to boost credit demand: Goldman Sachs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/rate-cut-likely-by-year-end-gst-reforms-to-boost-credit-demand-goldman-sachs/article70182174.ece “We expect an additional policy rate cut before year-end, and the recent GST simplification signals that peak fiscal consolidation is behind us” An
IndusInd Bank to rebuild senior management team in 6 months: MD & CEO
Clipped from: https://www.business-standard.com/companies/people/indusind-bank-to-rebuild-senior-management-team-in-6-months-md-ceo-125101900778_1.html IndusInd Bank CEO Rajiv Anand outlines three-year plan to boost deposits, expand MSME and retail lending, stabilise microfinance, and strengthen senior management Rajiv
*The taxman can take away your gold gains – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/the-taxman-can-take-away-your-gold-gains-4014250/ Gold inherited under a Will or otherwise is exempt from tax. However, when you sell such gold later, the capital gains tax applies.
*******How Much Gold and Silver Can You Keep at Home in India without Paying Tax or Getting Income Tax Notice
Clipped from: https://www.taxscan.in/top-stories/how-much-gold-and-silver-can-you-keep-at-home-in-india-without-paying-tax-or-getting-income-tax-notice-1435119?transaction_id=CEkWJlsuCadPkDhEaDkMckGgACjuGuMBdhVadKlxGJwMVDFCYMsBJYDlbMCaSX&link_id=3069763 In India, there is no fixed limit on how much gold or silver you can keep at home, as long as you can
*****Booming data centres – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/booming-data-centres/article70171437.ece Policy must combine incentives with accountability India’s data centre capacity has expanded more than fourfold in just six to seven years | Photo
Empowering MSMEs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/empowering-msmes/article70172172.ece The promise and challenges of GST 2.0 GST reforms are welcome but more needs to be done for MSMEs | India’s Micro, Small,
aniltikotekar4sme.com 