CBDT issues Circular Condoning Delay for Claiming Deduction u/s 80P for A.Y. 2018-19 to A.Y. 2022-23

Read More: https://www.taxscan.in/cbdt-issues-circular-condoning-delay-for-claiming-deduction-u-s-80p-for-a-y-2018-19-to-a-y-2022-23/303773/ Clipped from: https://www.taxscan.in/cbdt-issues-circular-condoning-delay-for-claiming-deduction-u-s-80p-for-a-y-2018-19-to-a-y-2022-23/303773/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=CBDT%20issues%20Circular%20Condoning%20Delay%20for%20Claiming%20Deduction%20u/s%2080P%20for%20A.Y.%202018-19%20to%20A.Y.%202022-23 Top Stories The Central Board of Direct Taxes (CBDT) vide circular number 13/2023 issued on 26th July 2023 condemned the delay for claiming

Over 5,000 cases of PAN/Aadhaar misuse to claim ITC identified – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/over-5000-cases-identified-27000-crore-detected-in-misusing-panaadhaar-to-claim-input-tax-credit/article67116235.ece Clipped from: https://www.thehindubusinessline.com/economy/over-5000-cases-identified-27000-crore-detected-in-misusing-panaadhaar-to-claim-input-tax-credit/article67116235.ece While Maharashtra tops the list in number of cases, Delhi leads in terms of amount fraudulently availed and detected Central GST Administration

Nearly two-third income tax return filers have zero tax liability – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/nearly-two-third-income-tax-return-filers-have-zero-tax-liability/article67115831.ece Clipped from: https://www.thehindubusinessline.com/economy/nearly-two-third-income-tax-return-filers-have-zero-tax-liability/article67115831.ece Out of 7.40 crore returns filed in FY 2022-23, 5.16 crore returns or around 70 per cent were with zero tax liability

‘India’s major ports are readying for growth’ – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/logistics/indias-major-ports-are-readying-for-growth/article67110786.ece lipped from: https://www.thehindubusinessline.com/economy/logistics/indias-major-ports-are-readying-for-growth/article67110786.ece Shipping Minister Sarbananda Sonowal outlines how major ports are ramping up despite global headwinds Indian ports are witnessing a marked improvement in

Faceless assessment of tax has gained traction – The Hindu BusinessLine

https://www.thehindubusinessline.com/opinion/faceless-assessment-of-tax-has-gained-traction/article67112465.ece Clipped from: https://www.thehindubusinessline.com/opinion/faceless-assessment-of-tax-has-gained-traction/article67112465.ece The sheer speed with which the Faceless Assessment Scheme went from ground zero to full operationalisation demanded utilisation of tech and cross-functional

Data gaps complicate response to food inflation – The Hindu BusinessLine

https://www.thehindubusinessline.com/opinion/editorial/data-gaps-complicate-response-to-food-inflation/article67112235.ece lipped from: https://www.thehindubusinessline.com/opinion/editorial/data-gaps-complicate-response-to-food-inflation/article67112235.ece To assess whether a crisis exists or not, information on output and stocks is crucial. In its absence, it is difficult to

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