Clipped from: https://taxguru.in/income-tax/indexation-benefit-admissible-respect-assets-held-foreign-countries-itat-mumbai.html DCIT Vs Aarav Fragrances and Flavors Pvt. Ltd. (ITAT Mumbai) ITAT Mumbai held that benefit of cost inflation index admissible as per second
1👍👍👍👍👍👍👍Denial of capital gain exemption u/s 54F for property described in registered sale deed as “Makaan” was justified as having Brick-Kiln construction
Clipped from: https://taxguru.in/income-tax/denial-capital-gain-exemption-u-s-54f-property-registered-sale-deed-makaan-justified-brick-kiln-construction.html Himanshu Garg VS ACIT (Delhi High Court) Conclusion: Tribunal was justified in declining capital gain exemption under Section 54F with respect to a property
1👍👍👍👍👍👍👍Reassessment on basis of Insight Portal Information must be u/s 147/148 if jurisdictional condition u/s 153C was not satisfied
lipped from: https://taxguru.in/income-tax/reassessment-basis-insight-portal-information-u-s-147-148-jurisdictional-condition-u-s-153c-satisfied.html Daisy Distributors Pvt. Ltd. Vs ITO (Delhi High Court) Conclusion: Where jurisdictional condition for AO of assessee to assume jurisdiction under Section 153C was
1👍👍👍👍👍👍👍CIT(A) failed to examine the validity of jurisdiction u/s. 148 hence matter remanded: ITAT Delhi
Clipped from: https://taxguru.in/income-tax/citafailed-examine-validity-jurisdiction-u-s-148-matter-remanded-itat-delhi.html Trinity Touch Pvt Ltd Vs ACIT (ITAT Delhi) ITAT Delhi remanded the matter back to CIT(A) since CIT(A) failed to examined the validity
1👍👍👍👍👍👍👍Fair market value on area allotted under occupancy certificated accepted: ITAT Bangalore
Clipped from: https://taxguru.in/income-tax/fair-market-area-allotted-occupancy-certificated-accepted-itat-bangalore.html ITO Vs Govindappa Jayaram Doddiah (HUF) (ITAT Bangalore) ITAT Bangalore held that CIT(A) rightly accepted the fair market value on the area allotted
H-1B ecosystem mainly benefits US firms more than Indian ones: Nasscom Prez
Clipped from: https://www.business-standard.com/economy/interviews/h-1b-ecosystem-mainly-benefits-us-firms-more-than-indian-ones-nasscom-prez-124121901002_1.html While India has always been recognized for its talent, we must now deepen our technology skillsets to drive growth Rajesh Nambiar, President of
👍👍👍👍👍Radical overhaul of shipping laws – Opinion News | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/radical-overhaul-of-shipping-laws/3695893/ A legislative reworking of the shipping sector will require policy support. Overall, the changes envisaged in these bills will radically improve the shipping
👍Rs 12 lakh crore in MSME exports recorded in April-November period: MoS MSME – SME News | The Financial Express
Clipped from: https://www.financialexpress.com/business/sme-rs-12-lakh-crore-in-msme-exports-recorded-in-april-november-period-mos-msme-3691172/ The total number of MSMEs exporting goods till November in the current fiscal was 1.73 lakh, compared to 1.53 lakh in the entire
👍👍👍Better late than never – Opinion News | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/better-late-than-never-4/3695887/?ref=hometop_hp SME listed entities are typically promoter-driven or family business companies with high concentration of shareholding among a few promoters. As many as 29
👍👍👍👍👍No assessment or re-assessment can be made on a dead person: Madras HC
Clipped from: https://taxguru.in/income-tax/assessment-re-assessment-dead-person-madras-hc.html Sampath Kumar Srikala Vs CIT (Madras High Court) Madras High Court held that it is settled law that no assessment or reassessment can
2👍👍👍👍👍👍👍Notice issued u/s. 148 after period of six years for AY 2015-16 is barred by limitation: ITAT Mumbai
Clipped from: https://taxguru.in/income-tax/notice-issued-u-s148-period-years-ay-2015-16-barred-limitation-itat-mumbai.html ACIT Vs Manish Financial (ITAT Mumbai) ITAT Mumbai held that validity of notice issued under section 148 of the Income Tax Act for
👍👍👍👍👍विश्लेषण : अपेक्षेप्रमाणे अमेरिकेत व्याजदरात कपात, तरी शेअर बाजार, रुपया पडण्याचे काय?
https://www.loksatta.com/explained/the-interest-rate-cut-by-us-federal-central-bank-indian-stock-market-crash-rupee-falls-print-exp-asj-82-4778557/ Shared by Loksatta android app click here to download https://loksatta.page.link/LS_app अमेरिकेची मध्यवर्ती बँक असलेल्या फेडरल रिझर्व्हने २०२४ मधील अंतिम बैठकीत आणखी पाव टक्के आणि
👍👍👍👍👍विश्लेषण : माहिती अधिकार कायदा लालफीतशाहीत अडकला आहे का?
https://www.loksatta.com/explained/government-delay-to-respond-right-to-information-rti-applications-thousands-of-rti-pendings-print-exp-css-98-4777247/ Shared by Loksatta android app click here to download https://loksatta.page.link/LS_app २००५ मध्ये देशभर माहिती अधिकार कायदा लागू करण्यात आला. मात्र, मागील काही वर्षांत माहिती
👍Musk looks unstoppable – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/musk-looks-unstoppable/article69001463.ece With Nasdaq at record highs and Tesla stock soaring, Elon Musk’s fortune could touch half a trillion dollars sooner than later There’s only
👍👍👍Gold imports impact on trade balance, a concern – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/editorial-mind-the-gap/article69000728.ece Gold imports have spurted as a fallout of India’s May 2022 free trade agreement with the UAE, which allows duty-free imports of gold,
👍Jerome Powell: Federal Reserve has no interest in Bitcoin ownership – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/jerome-powell-federal-reserve-has-no-interest-in-bitcoin-ownership/article69002148.ece Powell stated that the legal framework governing Bitcoin ownership is a matter for Congress but emphasised that the Fed is not seeking any
Powell on Trump’s economic plans: “Premature to draw conclusions” – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/powell-on-trumps-economic-plans-premature-to-draw-conclusions/article69002151.ece Powell highlighted the ambiguity surrounding tariffs, including which goods may be affected and their potential duration U.S. Federal Reserve Chair Jerome Powell takes
👍US interest rate hike not on the horizon, says Jerome Powell – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/money-and-banking/us-interest-rate-hike-not-on-the-horizon-says-jerome-powell/article69002155.ece Powell emphasised that while the current rate of 4.3% is considered “meaningfully restrictive,” it is a well-balanced level that allows for progress on
Hiring in India: Indian startups to boost hiring by 20-30% in 2025 | News – Business Standard
Clipped from: https://www.business-standard.com/industry/news/indian-startups-hiring-2025-funding-improves-trends-124121800614_1.html Indian startups are set to ramp up hiring by 20-30 per cent in 2025 as funding improves, reversing a prolonged slowdown. Layoffs dropped
