https://www.business-standard.com/companies/news/infosys-danske-bank-deal-infosys-inks-454-mn-deal-with-danske-bank-to-acquire-its-india-it-centre-123062600166_1.html Clipped from: https://www.business-standard.com/companies/news/infosys-danske-bank-deal-infosys-inks-454-mn-deal-with-danske-bank-to-acquire-its-india-it-centre-123062600166_1.html The deal is estimated at $454 million for a period of 5 years with an option to renew for one additional year
👍ICICI Securities board to meet on June 29 to consider delisting shares – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/icici-securities-board-to-meet-on-june-29-to-consider-delisting-shares/article67010473.ece lipped from: https://www.thehindubusinessline.com/money-and-banking/icici-securities-board-to-meet-on-june-29-to-consider-delisting-shares/article67010473.ece The board’s decision comes after shares of ICICI Securities surged 8.9 per cent intraday on Friday to a high of Rs 572.70
👍👍👍👍👍ITAT allows section 80P deduction on Interest Income of Coop Society on Surplus Fund deposits
https://taxguru.in/income-tax/itat-allows-section-80p-deduction-interest-income-coop-society-surplus-fund-deposits.html https://taxguru.in/income-tax/itat-allows-section-80p-deduction-interest-income-coop-society-surplus-fund-deposits.html An in-depth analysis of the Income Tax Appellate Tribunal (ITAT) Pune’s decision allowing cooperative societies to claim a tax deduction for…
Madras HC on recovery of ITC from Buyer without initiating any action against seller
https://taxguru.in/goods-and-service-tax/madras-hc-recovery-itc-buyer-initiating-action-seller.html https://taxguru.in/goods-and-service-tax/madras-hc-recovery-itc-buyer-initiating-action-seller.htmlD.Y. Beathel Enterprises Vs State Tax Officer (Madras High Court) The petitioners in this case are registered dealers with Nagercoil Assessment…
👍👍👍👍👍CBDC: A calibrated approach needed – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/cbdc-a-calibrated-approach-needed/article67008975.ece Clipped from: https://www.thehindubusinessline.com/opinion/cbdc-a-calibrated-approach-needed/article67008975.ece The Bank for International Settlements has advocated that an enabling legal framework is essential before issuance of Central Bank Digital Currency and
👍👍👍👍👍Win-win for US-India trade – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/win-win-for-us-india-trade/article67008994.ece Clipped from: https://www.thehindubusinessline.com/opinion/win-win-for-us-india-trade/article67008994.ece Make in India initiative is set to get a boost, thanks to both countries striking many business deals and resolving to end
👍👍👍👍👍👍👍Order u/s 148A(d) of Income Tax Act is not final Assessment Order, no Income Tax Demand arises: Calcutta HC
Read More: https://www.taxscan.in/order-u-s-148ad-of-income-tax-act-is-not-final-assessment-order-no-income-tax-demand-arises-calcutta-hc/289299/ Clipped from: https://www.taxscan.in/order-u-s-148ad-of-income-tax-act-is-not-final-assessment-order-no-income-tax-demand-arises-calcutta-hc/289299/ The Calcutta High Court in a recent decision observed that the order under Section 148A(d) of the Income Tax Act, 1961 is
Show Cause Notice to Wrong Address Violates Natural Justice Principle
https://taxguru.in/service-tax/show-cause-notice-wrong-address-violates-natural-justice-principle.html Clipped from: https://taxguru.in/service-tax/show-cause-notice-wrong-address-violates-natural-justice-principle.html M. Pandidurai Vs Commissioner of GST & Central Excise (CESTAT Chennai) Introduction: In the recently concluded case of M. Pandidurai Vs Commissioner of
Assessing Officer Cannot Withdraw or Modify or Substitute Assessment Order Passed u/s 143(3) with another Assessment Order: ITAT
Clipped from: https://www.taxscan.in/assessing-officer-cannot-withdraw-or-modify-or-substitute-assessment-order-passed-u-s-1433-with-another-assessment-order-itat/291046/ The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that the Assessing Officer (AO) could not withdraw or modify or substitute assessment order
Mistake Apparent from Record U/s 254(2) of Income Tax Act could be corrected by Tribunal: ITAT allows Rectification Application
Clipped from: https://www.taxscan.in/mistake-apparent-from-record-u-s-2542-of-income-tax-act-could-be-corrected-by-tribunal-itat-allows-rectification-application/290934/ The Raipur bench of the Income Tax Appellate Tribunal (ITAT) held that the mistakes that are apparent from the records under Section 254(2) of
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