Clipped from: https://taxguru.in/income-tax/validity-assessment-order-passed-dead-person-brining-records-legal-heirs.html Legal Heirs of Late Sh Virendra Kumar Bhatnagar (Deceased) Vs ACIT (Delhi High Court) In the present case as admitted by the Respondent
Removing barriers to entry | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/removing-barriers-to-entry-123010901342_1.html Policies should focus on improving the ease of entering business, not just the ease of doing business It is nearly time for another
Taxing demands | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/taxing-demands-123010901357_1.html Unrealistic revenue targets will affect business environment A recently reported directive by the Central Board of Direct Taxes to senior tax officials to focus on recovering 40
RBI lists 6 rating agencies for banks’ capital adequacy purposes | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/rbi-lists-6-credit-rating-agencies-for-banks-to-risk-weight-claim-123010901015_1.html Central bank’s names come after Sebi last year cancelled the licence of Brickworks Ratings for allegedly violating rules The Reserve Bank of India
Income Tax – Set-off long term loss only against LTCG | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/your-queries-income-tax-set-off-long-term-loss-only-against-ltcg/2940173/ Equity shares are classified as long term if they are held for a period more than 12 months. While no documentary evidence is
A year of record-breaking growth & promise of a brighter tomorrow for the realty sector | The Financial Express
lipped from: https://www.financialexpress.com/money/a-year-of-record-breaking-growth-amp-promise-of-a-brighter-tomorrow-for-the-realty-sector/2941694/ While the housing segment will undoubtedly continue to spur growth, the real estate sector is well poised to record its best year with
Fall in India nominal GDP growth in FY24 to challenge fiscal math – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/fall-in-india-nominal-gdp-growth-in-fy24-to-challenge-fiscal-math/articleshow/96855109.cms Synopsis Nominal GDP growth, which includes inflation, is the benchmark used to estimate tax collections in the upcoming budget to be presented on
TCS Q3 results threw up positive surprise in terms of order booking and revenue: Omkar Tanksale – The Economic Times*
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/tcs-q3-results-threw-up-positive-surprise-in-terms-of-order-booking-and-revenue-omkar-tanksale/articleshow/96860029.cms SECTIONS TCS Q3 results threw up positive surprise in terms of order booking and revenue: Omkar Tanksale Last Updated: Jan 09, 2023, 07:12
Read: Your queries: Income Tax – Set-off long term loss only against LTCG
https://www.financialexpress.com/money/income-tax/your-queries-income-tax-set-off-long-term-loss-only-against-ltcg/2940173/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/fjvstphpJimBzUur6
Validity of Assessment order passed against dead person without brining on records his legal heirs*****
Clipped from: https://taxguru.in/income-tax/validity-assessment-order-passed-dead-person-brining-records-legal-heirs.html Legal Heirs of Late Sh Virendra Kumar Bhatnagar (Deceased) Vs ACIT (Delhi High Court) In the present case as admitted by the Respondent
GST: When any adverse decision is contemplated, personal hearing is a must
Clipped from: https://taxguru.in/goods-and-service-tax/gst-adverse-decision-contemplated-personal-hearing.html Graziano Transmission India Private Limited Vs State of Gujarat (Gujarat High Court) Section 75(4) of the CGST Act, 2017 provides that an opportunity
GST: When any adverse decision is contemplated, personal hearing is a must*****
Clipped from: https://taxguru.in/goods-and-service-tax/gst-adverse-decision-contemplated-personal-hearing.html Graziano Transmission India Private Limited Vs State of Gujarat (Gujarat High Court) Section 75(4) of the CGST Act, 2017 provides that an opportunity
CBIC constitutes Customs, Central Excise & Service Tax Settlement Commission to Settle Tax Notices*******
lipped from: https://www.taxscan.in/cbic-constitutes-customs-central-excise-service-tax-settlement-commission-to-settle-tax-notices/237696/ The Central Board of Indirect Taxes and Customs (CBIC) has constituted the much-awaited Customs, Central Excise & Service Tax Settlement Commission to resolve and settle
Delay in filing of TDS Return due to Lack of Professional Assistance is Mere ‘Technical Breach’: ITAT deletes Income Tax Penalty*****
Clipped from: https://www.taxscan.in/delay-in-filing-of-tds-return-due-to-lack-of-professional-assistance-is-mere-technical-breach-itat-deletes-income-tax-penalty/237566/ The Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that the delay in the filing of TDS returns due to lack of
Taxation On Online Gaming – A Taxation Perspective*******
Clipped from: https://taxguru.in/income-tax/taxation-online-gaming-taxation-perspective.html 1. WHAT IS ONLINE GAMING –A BRIEF INTRODUCTION ? Online gaming usually works on a subscription model i.e. users get charged only if they
Interest Income not to be assessed When Assessee is Non-Resident: ITAT*****
Clipped from: https://taxguru.in/income-tax/interest-income-assessed-assessee-non-resident-itat.html JCIT (OSD)(IT) Vs Rahul Rajnikant Parikh (ITAT Mumbai) Interest income need not to be assessed when assessee is a Non-resident The Income Tax
Time of supply of services – Section 13 of CGST ACT 2017*****
Clipped from: https://taxguru.in/goods-and-service-tax/time-supply-services-section-13-cgst-act-2017.html In my previous article I have discuss Time of supply of Goods ……..Now let us discuss Time of supply of services- Time of
Co-Operative Society Eligible to Claim Deduction of Interest from Deposits in Co-Operative Banks: ITAT*****
Clipped from: https://www.taxscan.in/co-operative-society-eligible-to-claim-deduction-of-interest-from-deposits-in-co-operative-banks-itat-read-order/233522/ The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT), presided over by Judicial Member Vikas Awasthy, decided that the cooperative society is entitled to claim
Income Tax Return Filed after Due Date under Section 80AC: ITAT denies Deduction*****
Clipped from: https://www.taxscan.in/income-tax-return-filed-after-due-date-under-section-80ac-itat-denies-deduction/233312/ The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has denied the claim for deduction as the income tax return was filed after the due date mentioned
Shares can be hold as both investment and stock-in-trade*
Clipped from: https://taxguru.in/income-tax/shares-hold-investment-stock-in-trade.html Dipakbhai Harishchandra Shah Vs ITO (ITAT Ahmedabad) ITAT Ahmedabad held that as per CBDT circular no.4/2007 dated 15.6.2007 and 6/2016 dated 29-2-2016, person
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