Clipped from: https://www.taxscan.in/supreme-court-upholds-quashing-of-income-tax-assessment-proceedings-initiated-u-s-153c-for-lack-of-incriminating-evidence/274750/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Supreme%20Court%20upholds%20quashing%20of%20Income%20Tax%20Assessment%20Proceedings%20initiated%20u/s%20153C%20for%20Lack%20of%20Incriminating%20Evidence Top Stories The Supreme Court has recently upheld the quashing of reassessment proceedings by the jurisdictional High Court and dismissed a bunch of
👍Purchase of Furniture, AC to Make New House Habitable Eligible for Capital Gain Deduction: ITAT
Clipped from: https://www.taxscan.in/purchase-of-furniture-ac-to-make-new-house-habitable-eligible-for-capital-gain-deduction-itat/274719/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Purchase%20of%20Furniture,%20AC%20to%20Make%20New%20House%20Habitable%20Eligible%20for%20Capital%20Gain%20Deduction:%20ITAT Top Stories The Chennai Bench of the Income Tax Appellate Tribunal (ITAT), recently observed that the purchase of Furniture, Air Conditioner to make new house habitable is
🙏🙏🙏🙏🙏Cooperative Credit Society Eligible for Income Tax Exemption u/s 80(P)(2) of Income Tax Act: Supreme Court
Clipped from: https://www.taxscan.in/cooperative-credit-society-eligible-for-income-tax-exemption-u-s-80p2-of-income-tax-act-supreme-court/274337/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Cooperative%20Credit%20Society%20Eligible%20for%20Income%20Tax%20Exemption%20u/s%2080(P)(2)%20of%20Income%20Tax%20Act:%20Supreme%20Court Top Stories In a major decision the Supreme Court of India ruled that the cooperative credit society is eligible for income tax exemption
CGTMSE: Scheme Details, Fee, Loan Eligibility | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-cgtmse-scheme-can-new-firms-get-loans-with-guarantee-cover-under-revised-norms-check-all-detail-here/3069327/ X The government’s Credit Guarantee Fund for Micro and Small Enterprises (CGTMSE) is among the biggest and most prominent initiatives taken to provide
👍Digital MSME lender Indifi crosses Rs 1,500 crore in AUM | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-digital-msme-lender-indifi-crosses-rs-1500-crore-in-aum/3070334/ Credit and Finance for MSMEs: The company said its disbursements grew to more than 68,000 loans amounting to Rs 3,800 crore since its
👍👍👍👍👍👍👍Input Tax Credit in GST: How to claim ITC and other key things to know for small businesses | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-input-tax-credit-in-gst-how-to-claim-itc-and-other-key-things-to-know-for-small-businesses/3070481/ GST Input Tax Credit: According to the Central Board of Indirect Taxes and Customs (CBIC), ITC is a mechanism to avoid the “cascading
👍👍👍👍👍👍👍TDS return online: Here’s all you need to know about TDS and TDS return guidelines; check details | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-tds-return-online-heres-all-you-need-to-know-about-tds-and-tds-return-guidelines-check-details/3071810/ TDS Return File Online: TDS return is a quarterly summary of all TDS transactions including tax collected from payments as well as deposits made
👍👍👍👍👍Microsoft launches dedicated website, helpline number for Indian SMBs to grow digitally; check details | The Financial Express
lipped from: https://www.financialexpress.com/industry/sme/msme-tech-microsoft-launches-dedicated-website-helpline-number-for-indian-smbs-to-grow-digitally-check-details/3071333/ Technology for MSMEs: The ‘digital transformation’ helpline number offers SMBs expert guidance and assistance in leveraging technology solutions, said Microsoft. X Technology for
👍BharatPe acquires controlling stake in SME lender Trillion Loans to boost its merchant lending business | The Financial Express
lipped from: https://www.financialexpress.com/industry/sme/msme-fin-bharatpe-buys-controlling-stake-in-sme-lender-trillion-loans-to-boost-its-merchant-lending-business/3071754/ Credit and finance for MSMEs: BharatPe said Ravindra Pandey (former deputy managing director at SBI and advisor to BharatPe board), Nalin Negi (BharatPe’s
👍Go First Insolvency Resolution: Go First files for voluntary insolvency resolution proceedings before NCLT – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/go-first-files-for-voluntary-insolvency-resolution-proceedings/articleshow/99934815.cms Synopsis “Go First deeply regrets the current situation, which has forced it to apply to the NCLT. With Pratt & Whitney failing to
👍👍👍👍👍Bogus Purchases Bills without actual delivery of goods: ITAT directs AO to charge 6.5% Gross Profit Rate
Read More: https://www.taxscan.in/bogus-purchases-bills-without-actual-delivery-of-goods-itat-directs-ao-to-charge-6-5-gross-profit-rate/273701/ Clipped from: https://www.taxscan.in/bogus-purchases-bills-without-actual-delivery-of-goods-itat-directs-ao-to-charge-6-5-gross-profit-rate/273701/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Bogus%20Purchases%20Bills%20without Top Stories The Mumbai bench of Income Tax Appellate Tribunal (ITAT) directed the Assessing Officer (AO) to charge 6.5% Gross Profit
👍👍👍👍👍👍👍Social Security and its relevance under Labour legislation in India
Clipped from: https://taxguru.in/corporate-law/social-security-relevance-labour-legislation-india.html Introduction Social Security is one of the most important aspects of a welfare state, which is aimed at providing a safety net for
👍👍👍👍👍👍👍Code on Wages, 2019: An Analysis of its Implications for Labor Law in India
Clipped from: https://taxguru.in/corporate-law/code-wages-2019-analysis-implications-labor-law-india.html Introduction In August 2019, the Indian Parliament passed the Code on Wages, 2019. The Code on Wages consolidates and replaces four existing labor
Attachment of Bank Account before Expiry of Appeal Period: Calcutta HC Stays GST Recovery Proceedings
Clipped from: https://www.taxscan.in/attachment-of-bank-account-before-expiry-of-appeal-period-calcutta-hc-stays-gst-recovery-proceedings/274117/ Top Stories In a recent ruling, a Single Bench of the Calcutta High Court stayed the impugned order attaching the bank account of
👍The Great Bank Robbery – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/books/reviews/book-review-the-great-bank-robbery/article66724701.ece The book presents a fascinating running commentary on the trajectory of frauds that have shaken the Indian banking sector Bad loans and the
How co-lending is just old wine in new bottle – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-how-co-lending-is-just-old-wine-in-new-bottle/article66780361.ece The NBFC funding crunch post the IL&FS saga led to the rise of the co-lending model What is co-lending? Which are the entities
Editorial. IRDAI should tighten investment process for insurers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/irdai-should-tighten-investment-process-for-insurers/article66800406.ece The country’s largest life insurer, LIC, should put in place early warning systems to prevent front-running trades SEBI’s interim order relating to an employee
India’s intriguing trade ties with China – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/indias-intriguing-trade-ties-with-china/article66800675.ece India’s import substitution efforts and FTAs with Asian countries have not reduced dependence on China Over the years, China has emerged as the
IGCRS Rules: No approval needed to re-export goods imported
Clipped from: https://www.business-standard.com/india-news/chatroom-no-approval-needed-to-re-export-goods-imported-under-igcrs-rules-123050100547_1.html There is no requirement under FEMA that you must have an IEC before receiving advance payment for exports Representative Image Listen to This
