Read more at:https://economictimes.indiatimes.com/wealth/tax/four-things-to-check-in-income-tax-audit-report/articleshow/103756527.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst https://economictimes.indiatimes.com/wealth/tax/four-things-to-check-in-income-tax-audit-report/articleshow/103756527.cms Clipped from: https://economictimes.indiatimes.com/wealth/tax/four-things-to-check-in-income-tax-audit-report/articleshow/103756527.cms Synopsis An income tax audit is a regulatory requirement for certain categories of individuals and businesses. How as a
Gstn | Msme : How GSTN on Account Aggregator can help MSME Lenders ?
https://economictimes.indiatimes.com/small-biz/gst/how-gstn-on-account-aggregator-can-help-msme-lenders/articleshow/103774308.cms Clipped from: https://economictimes.indiatimes.com/small-biz/gst/how-gstn-on-account-aggregator-can-help-msme-lenders/articleshow/103774308.cms Synopsis GSTN on this framework will help lenders build better holistic credit profiles by complementing bank statement data and credit scores. The Account
👍👍👍👍👍👍👍Why a targeted training in tech and finance for MSMEs is critical | The Financial Express
https://www.financialexpress.com/business/sme-why-a-targeted-training-in-tech-and-finance-for-msmes-is-critical-3245095/ Clipped from: https://www.financialexpress.com/business/sme-why-a-targeted-training-in-tech-and-finance-for-msmes-is-critical-3245095/ It is now well documented that the credit gap in the MSME sector is estimated at around Rs 20-25 lakh crore. There
👍👍👍👍👍👍👍I am a senior citizen holding Income Tax records for 40 years. Am I supposed to keep them forever? | The Financial Express
https://www.financialexpress.com/money/i-am-a-senior-citizen-holding-income-tax-records-for-40-years-am-i-supposed-to-keep-them-forever-3247976/ Clipped from: https://www.financialexpress.com/money/i-am-a-senior-citizen-holding-income-tax-records-for-40-years-am-i-supposed-to-keep-them-forever-3247976/ How long should your keep old ITR records: ITR filers should retain their records/documents for up to 10 years from the end
In push for arbitration in India, one sector steps on the gas
https://www.business-standard.com/economy/analysis/in-push-for-arbitration-in-india-one-sector-steps-on-the-gas-123091900684_1.html Clipped from: https://www.business-standard.com/economy/analysis/in-push-for-arbitration-in-india-one-sector-steps-on-the-gas-123091900684_1.html The central government sought from the Supreme Court time till November to file an expert committee’s report recommending reforms in the Indian
Agriculture exports dip in first quarter of FY24 on bans and curbs
https://www.business-standard.com/economy/analysis/agriculture-exports-dip-in-first-quarter-of-fy24-on-bans-and-curbs-123091900876_1.html lipped from: https://www.business-standard.com/economy/analysis/agriculture-exports-dip-in-first-quarter-of-fy24-on-bans-and-curbs-123091900876_1.html Data shows that between April and June 2023, agriculture product exports dropped by almost 15 per cent compared to the same period
Request of 10-days Adjournment to file SCN Response not Considered by Income Tax Dept: Delhi HC sets aside Assessment Order
Clipped from: https://www.taxscan.in/request-of-10-days-adjournment-to-file-scn-response-not-considered-by-income-tax-dept-delhi-hc-sets-aside-assessment-order/320653/ Top Stories The Delhi High Court invalidated the assessment order made by the Income Tax authorities, neglecting the request to postpone the response
Deduction u/s 80P(2)(d) available to cooperative society in respect of dividend received on shares of cooperative banks
https://taxguru.in/income-tax/deduction-u-s-80p-2-d-cooperative-society-respect-dividend-received-shares-cooperative-banks.html Clipped from: https://taxguru.in/income-tax/deduction-u-s-80p-2-d-cooperative-society-respect-dividend-received-shares-cooperative-banks.html Gramin Sewa Sahakari Samiti Maryadit Vs ITO (ITAT Raipur) ITAT Raipur held that cooperative society is entitled for claiming deduction u/s. 80P(2)(d)
👍👍👍👍👍👍👍 Assessee’s Genuine Belief: Extended Period Inapplicable
https://taxguru.in/excise-duty/extended-period-invocable-bonafidely-believed-processes-doesnt-amount-manufacture.html Clipped from: https://taxguru.in/excise-duty/extended-period-invocable-bonafidely-believed-processes-doesnt-amount-manufacture.html Biswajit Saha Vs Commissioner of Central Excise (CESTAT Kolkata) CESTAT Kolkata held that appellant were under the bonafide belief that processes undertaken
👍👍👍👍👍👍👍30-Day E-Invoice Deadline for GST: New Rule from November 1
https://taxguru.in/goods-and-service-tax/30-day-e-invoice-deadline-gst-new-rule-november-1.html Clipped from: https://taxguru.in/goods-and-service-tax/30-day-e-invoice-deadline-gst-new-rule-november-1.html Introduction: Starting from November 1, significant changes are set to take effect in the Goods and Services Tax (GST) regime in India.
👍👍👍👍👍👍👍SCNs Must be Adjudicated Within Reasonable Time as Mandated u/s 73(4)(B) of Finance Act; Bombay High Court Upholds Principle of “Lex Dilationes Abhorret”
Clipped from: https://www.taxscan.in/scns-must-be-adjudicated-within-reasonable-time-as-mandated-u-s-734b-of-finance-act-bombay-high-court-upholds-principle-of-lex-dilationes-abhorret/321554/ Top Stories The High Court of Bombay has held that Show Cause Notices (SCNs) must be adjudicated by the proper officers within a
सहमतीचा शिल्पकार- अमिताभ कांत – Maharashtra Times
https://maharashtratimes.com/editorial/manasa/g20-summit-2023-who-is-indias-sherpa-amitabh-kant/articleshow/103594635.cms Clipped from: https://maharashtratimes.com/editorial/manasa/g20-summit-2023-who-is-indias-sherpa-amitabh-kant/articleshow/103594635.cms Amitabh Kant G20 Sherpa : जी ट्वेंटी’ राष्ट्रप्रमुखांच्या यशाचा परमोच्च बिंदू ठरला, तो दिल्ली जाहीरनामा; आणि तो तयार करण्यात सर्वाधिक वाटा उचलणारे
👍👍👍👍👍Raise Gross Fixed Capital Formation rate to 32% of GDP for higher growth: Rangarajan – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/raise-gross-fixed-capital-formation-rate-to-32-of-gdp-for-higher-growth-rangarajan/article67314517.ece lipped from: https://www.thehindubusinessline.com/economy/raise-gross-fixed-capital-formation-rate-to-32-of-gdp-for-higher-growth-rangarajan/article67314517.ece India must aim at a sustained growth of seven per cent There is a need to raise Gross Fixed Capital Formation (GFCF)from
