Clipped from: https://www.thehindubusinessline.com/info-tech/google-play-store-case-delhi-hc-directs-cci-to-decide-on-start-ups-plea-by-april-26/article66773285.ece Question of examining the need to invoke ‘doctrine of necessity’ does not arise in this case, rules Justice Tushar Rao Gedela In what
👍👍👍👍👍Why the Fed is right in hiking rates – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/why-the-fed-is-right-in-hiking-rates/article66774792.ece Its job is to control inflation in an overheated economy. Financial stability is best addressed through specific regulation, and not by pausing rates
Economists as crime novelists – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/from-the-viewsroom/economists-as-crime-novelists/article66774163.ece William Briet and Kenneth Elzinga have ingeniously used economic theory to solve crimes in their novels Economists are usually grim people. But a
The RBI has to reconcile several objectives – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-rbi-has-to-reconcile-several-objectives/article66774726.ece Hiking the policy rate further to curb inflation can push up loan costs and create liquidity stress Against the backdrop of persistent inflationary
The slump in IT services exports has policy implications – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/the-slump-in-it-services-exports-has-policy-implications/article66773797.ece White collar job creation may take a hit going ahead After exuding optimism about resilient demand and deal wins just a couple of
👍👍👍Disposal of delayed payment cases by micro, small industries at 5-year low
Clipped from: https://www.business-standard.com/industry/sme/disposal-of-delayed-payment-cases-by-micro-small-industries-at-5-year-low-123042400924_1.html The government in the Budget announced that buyers would be allowed to claim a tax deduction for payments made to MSMEs only after
👍PhonePe plans to take on Google Play Store; to launch an app store
Clipped from: https://www.business-standard.com/companies/news/phonepe-plans-to-take-on-google-play-store-to-launch-an-app-store-123042401052_1.html PhonePe also clarified that it would not like to put an exact timeline on it. The current focus is to build an app
👍👍👍Laboured movements
Clipped from: https://www.business-standard.com/opinion/editorial/laboured-movements-123042401188_1.html Introducing 12-hour shifts requires reflection Listen to This Article Karnataka and now Tamil Nadu have amended the Factories Act, 1948, to allow the
👍I-T dept cracks down on Bajaj Allianz, ICICI Prudential amid wider probe
Clipped from: https://www.business-standard.com/india-news/i-t-dept-cracks-down-on-bajaj-allianz-icici-prudential-amid-wider-probe-123042400681_1.html The Irdai has, effective April 1, removed separate limits for commissions and has imposed an overall ceiling on operating expenses and commissions The
👍👍👍RBI looks askance at co-lending arrangements
Clipped from: https://www.thehindubusinessline.com/todays-paper/2023-04-24/bl_chennai/articleGMJB57DAO-2764735.ece Hamsini Karthik Under the lens. With loans via this route zooming, concerns emerge over oversight After coming down heavily on the banks-fintechs partnerships,
👍👍👍👍👍👍👍How an Association of Persons will be taxed
Clipped from: https://taxguru.in/income-tax/association-persons-taxed.html Introduction An association of persons (AOP) , whether incorporated or not, is treated as a ‘person’ under section 2(31) of the Income-tax Act,
👍👍👍👍👍Amendment to Section 43B by Finance Act 2023 & its implication on business
Clipped from: https://taxguru.in/income-tax/amendment-section-43b-finance-act-2023-implication-business.html CA Mahesh Agarwal Through the Finance Act 2023 a new clause (h) has been added to Sec. 43B of the Income Tax Act and is
👍👍👍👍👍Courts shall not go strictly by the Rulebook to deny justice
Clipped from: https://www.taxscan.in/courts-shall-not-go-strictly-by-the-rulebook-to-deny-justice-to-deserving-litigant-as-it-would-lead-to-miscarriage-of-justice-itat/270859/ Top Stories Courts shall not go strictly by the Rulebook to deny Justice to Deserving Litigant as it would lead to Miscarriage of
👍Interest paid on delayed payment of TDS not penal in nature: ITAT Allows Deduction u/s 37
Clipped from: https://www.taxscan.in/interest-paid-on-delayed-payment-of-tds-not-penal-in-nature-itat-allows-deduction-u-s-37/270819/ Top Stories The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has allowed the deduction under Section 37 of the Income Tax Act 1961 holding that the
Distributor Not Required to Deduct TDS on Payment of Turnover Discount to Dealers u/s 194H of Income Tax Act: ITAT
Clipped from: https://www.taxscan.in/distributor-not-required-to-deduct-tds-on-payment-of-turnover-discount-to-dealers-u-s-194h-of-income-tax-act-itat-read-order/271284/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Distributor%20Not%20Required%20to%20Deduct%20TDS%20on%20Payment%20of%20Turnover%20Discount%20to%20Dealers%20u/s%20194H%20of%20Income%20Tax%20Act:%20ITAT Top Stories The Income Tax Appellate Tribunal (ITAT), Kolkata bench has held that the discount paid to dealers by the distributor in the nature of turnover discount
No Addition can be made Against Individual for Cash Deposit of Tuition Fee received from Students during Demonetization Period: ITAT
Clipped from: https://www.taxscan.in/no-addition-can-be-made-against-individual-for-cash-deposit-of-tuition-fee-received-from-students-during-demonetization-period-itat-read-order/271364/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=No%20Addition%20can%20be%20made%20Against%20Individual%20for%20Cash%20Deposit%20of%20Tuition%20Fee%20received%20from%20Students%20during%20Demonetization%20Period:%20ITAT Top Stories The Income Tax Appellate Tribunal (ITAT), Mumbai bench, has deleted an addition under section 69A of the Income Tax Act, 1961 in respect of cash deposit
