Tax Audit (44AB) and Section 44AD and Section 44ADA Comparison
Clipped from: https://taxguru.in/income-tax/tax-audit-44ab-section-44ad-section-44ada-comparison.html The comparison of Section 44AB, 44AD and 44ADA will clarify the position of law after Finance Bill 2023 Section 44AB Applicable To : However
Deduction u/s 54F not deniable on ground of pre-owning of residential house in foreign
Clipped from: https://taxguru.in/income-tax/deduction-u-s-54f-deniable-ground-pre-owning-residential-house-foreign.html Smt. Maries Joseph Vs DCIT (ITAT Cochin) ITAT Cochin held that as per condition mentioned in section 54F deduction is not available if
👍RIL shareholders to meet on May 2 on demerger of financial services biz
Clipped from: https://www.business-standard.com/companies/news/ril-shareholders-to-meet-on-may-2-on-demerger-of-financial-services-biz-123033000681_1.html Demerger expected to create a behemoth in financial services space Listen to This Article Lenders and shareholders of Reliance Industries Ltd (RIL) will
👍👍👍👍👍Current saving, investment rate insufficient for 8% growth: India Ratings
lipped from: https://www.business-standard.com/economy/news/current-saving-investment-rate-insufficient-for-8-growth-india-ratings-123033000904_1.html Savings and investment rates in the financial year (FY) 2021-22 were 30.2 per cent and 29.6 per cent, respectively Listen to This Article
Competition law: NCLAT ruling on effects analysis leaves CCI in a fix – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/competition-law-nclat-ruling-on-effects-analysis-leaves-cci-in-a-fix/article66679585.ece NCLAT stance may impact CCI’s ongoing investigation of Big Tech firms, say experts In a setback of sorts for the CCI, the National
👍Sugarcane juice not an agri produce, to attract 12 per cent GST, rules UP Authority – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/sugarcane-juice-not-an-agri-produce-to-attract-12-per-cent-gst-rules-up-authority/article66679377.ece Sugarcane juice is produced by way of crushing sugarcane and, hence, is not produced by the farmer, the UP Authority for Advance Ruling
👍👍👍👍👍Top five large conglomerates should be dismantled: Viral Acharya – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/top-5-large-conglomerates-should-be-dismantled-viral-acharya/article66680065.ece Their market dominance could be responsible for keeping core inflation persistently at a high level, says former RBI Deputy Governor Former Deputy Governor
👍Don’t want to list arms, Kotak Bank stock to reflect Group value: KVS Manian – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/dont-want-to-list-arms-kotak-bank-stock-to-reflect-group-value-kvs-manian/article66680138.ece The bank’s Whole Time Director Manian said that markets determine stock prices in their own ways and eventually the stock will find its
👍👍👍👍👍Due process of law essential to establish bank fraud – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/due-process-of-law-essential-to-establish-bank-fraud/article66679769.ece Supreme Court says borrower has the right to be given a fair hearing The crux of the recent Supreme Court ruling in State Bank
👍👍👍👍👍Energy imports must be slashed – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/energy-imports-must-be-slashed/article66680733.ece Boosting exploration of local oilfields and enhancing coal output will help in cutting the crippling import bill India’s energy imports are estimated to
👍👍👍RBI’s timely move to ring-fence banks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/rbis-timely-move-to-ring-fence-banks/article66680791.ece Banks are in a good position to make higher provisioning against exposure to top 20 business houses Amid the rising spillover risks due
👍Jobs, health and a greying population – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/jobs-health-and-a-greying-population/article66680854.ece With younger members in the family losing jobs, healthcare costs going up and inflation on the rise, senior citizens are a worried lot
Delay of 9 years condoned on reasonable cause of non-receipt of intimation
Clipped from: https://taxguru.in/income-tax/delay-9-years-condoned-reasonable-cause-non-receipt-intimation.html M.K. Hotels & Resorts Ltd Vs ACIT (ITAT Amritsar) ITAT Amritsar held that non-receipt of intimation resulted into no action on the part
Tech sector H-1B workers’ spouses can continue to work in US, says judge
Clipped from: https://www.business-standard.com/world-news/tech-sector-h-1b-workers-spouses-can-continue-to-work-in-us-says-judge-123033000095_1.html The ability of H-1B holders’ spouses to also get jobs in the US has been a major attraction for highly skilled foreign workers,
👍👍👍bank locker agreement: You may have to sign revised bank locker agreement again – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/save/you-may-have-to-sign-revised-bank-locker-agreement-again/articleshow/99069684.cms Synopsis The Reserve Bank of India (RBI) has issued a circular on January 23, 2023 asking banks to ensure that model locker agreement
👍👍👍99.9% of UPI transactions are bank account-to-account: NPCI – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/999-of-upi-transactions-are-bank-account-to-account-npci/article66676802.ece Following the inclusion of Prepaid Payment Instruments (PPI Wallets) in the interoperable UPI ecosystem, NPCI last week introduced an interchange fee on merchant transactions,
Lok Sabha passes Competition (Amendment) Bill 2022 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/lok-sabha-passes-competition-amendment-bill-2022/article66674656.ece Bill provides for the concept of ‘deal value threshold’ as an additional criterion for notifying M&As; levy of anti-trust penalties on the ‘global
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