lipped from: https://www.thehindubusinessline.com/economy/centre-states-to-initiate-special-drive-against-fake-gst-registration-from-tuesday/article66852277.ece A Special All-India Drive may be launched by all tax administrations to detect fake GSTINs and to conduct verification to weed out these
Bridging the care deficit
Clipped from: https://www.thehindubusinessline.com/opinion/bridging-the-care-deficit/article66854445.ece Working women will benefit from care givers A cartoon making the rounds on social media showed eight professionals, including a cook, a driver,
GST collections: hype and reality – The Hindu BusinessLine
GST collections: hype and reality GST collections: hype and reality – The Hindu BusinessLine Clipped from: https://www.thehindubusinessline.com/opinion/columns/c-p-chandrasekhar/gst-collections-hype-and-reality/article66854556.ece The GST regime has resulted in fiscal stress in
A leg-up for start-ups
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
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