Clipped from: https://www.thehindubusinessline.com/opinion/editorial/a-leg-up-for-start-ups/article66854576.ece Start-ups need supportive policies now If fund-raising became difficult for start-ups in 2022 due to the interest rate hikes of global central banks
No Penalty u/s 271B of Income Tax Act when there is Reasonable Cause for not getting Audited u/s 44AB: ITAT
Read More: https://www.taxscan.in/no-penalty-u-s-271b-of-income-tax-act-when-there-is-reasonable-cause-for-not-getting-audited-u-s-44ab-itat/276903/ Clipped from: https://www.taxscan.in/no-penalty-u-s-271b-of-income-tax-act-when-there-is-reasonable-cause-for-not-getting-audited-u-s-44ab-itat/276903/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=No%20Penalty%20u/s%20271B%20of%20Income%20Tax%20Act%20when%20there%20is%20Reasonable%20Cause%20for%20not%20getting%20Audited%20u/s%2044AB:%20ITAT By Aparna. M – On May 11, 2023 4:00 pm – 2 mins read The Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) has recently held
IT sector faces 30% dip in freshers hiring amid industry downturn – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/it-sector-faces-30-dip-in-freshers-hiring-amid-industry-downturn/article66853291.ece The IT industry has been challenged by automation, artificial intelligence, and changing customer preferences, but there will be a surge in jobs for
Mitigating spillovers of financial risk – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/mitigating-spillovers-of-financial-risk/article66850780.ece Broad macro-prudential regulation reduces incentives for excess risk-taking and can close arbitrage gaps Among developing economies, emerging markets (EMs) are relatively more open
👍Assessment Order passed without due opportunity to Legal Heirs- HC remands matter back to AO
Clipped from: https://taxguru.in/income-tax/assessment-order-passed-due-opportunity-legal-heirs-hc-remands-matter-back-ao.html Prema Rengarajan Vs DCIT (Madras High Court) Learned Standing counsel appearing for the Department pointed out that after the death of the original
👍Sales Reversal Entry is not Unexplained Expenditure: ITAT quashes Revision Proceedings
Clipped from: https://www.taxscan.in/sales-reversal-entry-is-not-unexplained-expenditure-itat-quashes-revision-proceedings/277130/ The Kolkata Bench of the Income Tax Appellate Tribunal (ITAT), quashed revision proceedings under Section 263 of the Income Tax Act, 1961 and held that the sales
👍Notice u/s 143(2) not issued by AO: ITAT quashes Income Tax Assessment Order
Clipped from: https://www.taxscan.in/notice-u-s-1432-not-issued-by-ao-itat-quashes-income-tax-assessment-order/276997/ The Kolkata Bench of Income Tax Appellate Tribunal (ITAT) has quashed the assessment order holding that notice under Section 143(2) of the Income Tax Act, 1961 was
Why CAs have been brought under PMLA’s ambit – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/why-cas-have-been-brought-under-pmlas-ambit/article66824372.ece The trigger may have been the role of CAs in Chinese loan apps. But lawyers too must be subject to similar scrutiny On
Perils of trading globally in Re – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/perils-of-trading-globally-in-rupee/article66824402.ece Money matters. It could lead to convertibility of the currency on the capital account, for which India may not be ready In recent
What if US debt ceiling is not raised? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-what-if-us-debt-ceiling-is-not-raised/article66829786.ece Moody’s Analytics predicts that a four-month default would shave around 4 per cent from US GDP and result in companies slashing nearly seven
Capital Gain Tax – Date of Purchase or Construction of New Property? Part I
Clipped from: https://taxguru.in/income-tax/capital-gain-tax-date-purchase-construction-property.html 1. The Capital Gain Tax provisions are covered under sections 45 to 55 of the Income Tax Income-tax Act, 1961. These provisions are
👍👍👍👍👍👍👍Process and Documents Required for Obtaining Digital Signature Certificate (DSC)
Clipped from: https://taxguru.in/chartered-accountant/process-documents-required-obtaining-digital-signature-certificate-dsc.html What is DSC? Digital Signature Certificate (DSC) is the most popular and convenient mode of signing any document. DSC is the digital method
Shell firms under scanner of tax authorities over fake ITC claims
Clipped from: https://www.business-standard.com/economy/news/gst-authorities-prepare-list-of-suspicious-entities-beneficiaries-123051001088_1.html A special drive starting May 16 to weed out bogus GST invoices Illustration: Ajay Mohanty Listen to This Article Thousands of entities and
Cash crunch pushing up funding costs in India deterring more RBI hikes
Clipped from: https://www.business-standard.com/economy/news/cash-crunch-increases-funding-costs-in-india-deterring-more-rbi-hikes-123051100465_1.html The weighted average call rate, an overnight funding cost rate the central bank monitors, was at 6.78% on Wednesday, above the upper band
aniltikotekar4sme.com 