https://taxguru.in/income-tax/notice-issued-ceased-entity-fundamentally-illegal-jurisdiction.html Clipped from: https://taxguru.in/income-tax/notice-issued-ceased-entity-fundamentally-illegal-jurisdiction.html Adani Estate Management Private Limited Vs ITO (Gujarat High Court) Gujarat High Court held that if the company has ceased to exist
Goods imported separately cannot be clubbed for the purpose of classification
https://taxguru.in/custom-duty/goods-imported-separately-clubbed-purpose-classification.html Clipped from: https://taxguru.in/custom-duty/goods-imported-separately-clubbed-purpose-classification.html Baba Baidyanath Trading Company Vs Commissioner of Customs (Port) (CESTAT Kolkata) CESTAT Kolkata held that goods imported separately by two different importers
Husband supplies money for acquiring property in wife’s name doesn’t imply benami transaction
https://taxguru.in/corporate-law/husband-supplies-money-acquiring-property-wifes-doesnt-imply-benami-transaction.html Clipped from: https://taxguru.in/corporate-law/husband-supplies-money-acquiring-property-wifes-doesnt-imply-benami-transaction.html Sekhar Kumar Roy Vs Smt. Lila Roy & Another (Calcutta High Court) Calcutta High Court held that if a husband supplies the
Dukaan lays off 90% staff for AI bot: It’s absolutely necessary, says CEO
https://www.business-standard.com/companies/news/dukaan-lays-off-90-staff-for-ai-bot-it-s-absolutely-necessary-says-ceo-123071100512_1.html Clipped from: https://www.business-standard.com/companies/news/dukaan-lays-off-90-staff-for-ai-bot-it-s-absolutely-necessary-says-ceo-123071100512_1.html E-commerce startup Dukaan has replaced 90% of its customer support team with an artificial intelligence (AI) chatbot, founder and CEO Suumit Shah
Verify data in pre-filled forms carefully before filing your tax return
https://www.business-standard.com/finance/personal-finance/verify-pre-filled-data-carefully-before-filing-tax-keep-documents-handy-123071100516_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/verify-pre-filled-data-carefully-before-filing-tax-keep-documents-handy-123071100516_1.html Keep all relevant documents handy to to cross-check the data and weed out inaccuracies Photo: Shutterstock The Income-Tax Department now provides pre-filled
Navigating Tax Filing: Understanding Form 26AS and AIS – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/personal-finance/what-taxpayers-must-note-with-form-26as-and-ais/article67027326.ece Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/what-taxpayers-must-note-with-form-26as-and-ais/article67027326.ece A lowdown on the two key forms to accurately file income-tax returns With the deadline for the income-tax return-filing season ending in
Centre spending ₹50,000 on every farmer, every year: PM – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/agri-business/centre-spending-50000-annually-on-each-farmer-through-dbt-subsidy/article67030511.ece Clipped from: https://www.thehindubusinessline.com/economy/agri-business/centre-spending-50000-annually-on-each-farmer-through-dbt-subsidy/article67030511.ece Modi mentioned the substantial budget allocated and disbursed to farmers under various schemes, emphasizing the government’s support. Prime Minister Narendra Modi on
Foreign assets mean tax liabilities: Things to mind while filing returns
https://www.business-standard.com/finance/personal-finance/foreign-assets-mean-tax-liabilities-things-to-mind-while-filing-returns-123062900693_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/foreign-assets-mean-tax-liabilities-things-to-mind-while-filing-returns-123062900693_1.html Penalties for non-disclosure or inaccurate disclosure of these details can be severe, say experts Indians holding assets abroad have to cite them
Medical Insurance | Once Insurer Accepts That Concealment Of Disease Was Not Material, Reimbursement & Renewal Can’t Be Refused : Supreme Court
https://www.livelaw.in/supreme-court/supreme-court-medical-insurance-once-insurer-accepts-that-concealment-of-disease-was-not-material-reimbursement-renewal-cant-be-refuse-232132 Clipped from: https://www.livelaw.in/supreme-court/supreme-court-medical-insurance-once-insurer-accepts-that-concealment-of-disease-was-not-material-reimbursement-renewal-cant-be-refuse-232132 The Supreme Court on Tuesday held that once there is a valid insurance policy in favour of a person, the claim for
Non-disclosure doesn’t apply to known facts
https://www.business-standard.com/opinion/columns/non-disclosure-doesn-t-apply-to-known-facts-123070900732_1.html Clipped from: https://www.business-standard.com/opinion/columns/non-disclosure-doesn-t-apply-to-known-facts-123070900732_1.html The National Commission considered that the law provided that jurisdiction could be based on the complainant’s place of residence. Listen to This
GST Council meeting: Onus of deducting TCS may be on ONDC sellers
https://www.business-standard.com/finance/news/gst-council-meeting-tcs-liability-might-be-on-seller-app-on-ondc-123070900515_1.html Clipped from: https://www.business-standard.com/finance/news/gst-council-meeting-tcs-liability-might-be-on-seller-app-on-ondc-123070900515_1.html Tuesday’s GST Council meet likely to put out clarification Photo via @ONDC_Official on Twitter Listen to This Article The Goods and Services
India must recalibrate its product exports – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/india-must-recalibrate-its-product-exports/article67064948.ece Clipped from: https://www.thehindubusinessline.com/opinion/india-must-recalibrate-its-product-exports/article67064948.ece Taking cues from Vietnam and Malaysia, India must diversify from commodities to tech-related product exports India’s merchandise exports have grown from $303.5
Adani-Hindenburg row: SEBI rejects SC panel findings on FPI’s beneficial owners – The Hindu BusinessLine
https://www.thehindubusinessline.com/markets/stock-markets/adani-hindenburg-row-sebi-rejects-sc-panel-findings-on-fpis-beneficial-owners/article67064693.ece Clipped from: https://www.thehindubusinessline.com/markets/stock-markets/adani-hindenburg-row-sebi-rejects-sc-panel-findings-on-fpis-beneficial-owners/article67064693.ece SEBI said there never was any requirement to disclose the last natural person above every person owning any economic interest in the
IBA urges Centre to reduce GST on carbonated fruit drinks – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/iba-urges-centre-to-reduce-gst-on-carbonated-fruit-drinks/article67064678.ece lipped from: https://www.thehindubusinessline.com/economy/iba-urges-centre-to-reduce-gst-on-carbonated-fruit-drinks/article67064678.ece Currently, carbonated fruit drinks attracts 40 per cent GST including 12 per cent compensation cess The Indian Beverage Association (IBA) has urged
Free Trade Agreements: India and the World – The Hindu BusinessLine
https://www.thehindubusinessline.com/books/free-trade-agreements-india-and-the-world/article67064594.ece lipped from: https://www.thehindubusinessline.com/books/free-trade-agreements-india-and-the-world/article67064594.ece The author navigates the growth of FTAs over the decades, providing the readers with a reality check on the process and nuances involved
External debt unchanged, but there are some pain points – The Hindu BusinessLine
https://www.thehindubusinessline.com/data-stories/visually/external-debt-unchanged-but-there-are-some-pain-points/article67064699.ece Clipped from: https://www.thehindubusinessline.com/data-stories/visually/external-debt-unchanged-but-there-are-some-pain-points/article67064699.ece India’s external debt statistics released by the RBI show that there has been very little addition to external debt by both government
Wilful defaulters’ impact on IBC – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/columns/c-p-chandrasekhar/wilful-defaulters-impact-on-ibc/article67064978.ece Clipped from: https://www.thehindubusinessline.com/opinion/columns/c-p-chandrasekhar/wilful-defaulters-impact-on-ibc/article67064978.ece They stripped or ran down assets to a degree where the liquidation value was a fraction of the claims of banks The
Push for multiple credit card network tie-ups makes sense – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/push-for-multiple-credit-card-network-tie-ups-makes-sense/article67064161.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/push-for-multiple-credit-card-network-tie-ups-makes-sense/article67064161.ece In the last five years, the RBI has been battling with global card network providers such as Mastercard, Visa and American Express
Modi’s ‘rouble wise rupee foolish’ policy – The Hindu
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
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