Clipped from: https://www.business-standard.com/opinion/columns/the-f-word-in-indian-banking-123041600515_1.html At the moment, banks give an opportunity of hearing to wilful defaulters but not fraudsters Illustration: Ajay Mohanty What do Zoom Developers Pvt
GST applicable on Voluntary Gratuitous Payment from Outgoing Members of Housing Cooperative Society: AAAR
Clipped from: https://www.taxscan.in/gst-applicable-on-voluntary-gratuitous-payment-from-outgoing-members-of-housing-cooperative-society-aaar/267143/?utm_campaign=Campaign+Name&utm_medium=email&utm_source=Newsletter Top Stories The Maharashtra Appellate Authority of Advance Ruling (AAAR) has ruled that GST is payable on voluntary gratuitous payment from an outgoing
Dettol is Medicine, 4% VAT Applicable under KVAT Act: Supreme Court
Clipped from: https://www.taxscan.in/dettol-is-medicine-4-vat-applicable-under-kvat-act-supreme-court-read-judgement/268615/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Dettol%20is%20Medicine,%204%%20VAT%20Applicable%20under%20KVAT%20Act:%20Supreme%20Court Top Stories By Aparna. M – On April 11, 2023 6:45 pm – 2 mins read The Supreme Court in a recent case, held that Dettol is
Harpic Toilet Cleaner and Lizol Floor Cleaner are not Insecticides, Taxable at 12.5%: Supreme Court
Clipped from: https://www.taxscan.in/harpic-toilet-cleaner-and-lizol-floor-cleaner-are-not-insecticides-taxable-at-12-5-supreme-court/268582/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Harpic%20Toilet%20Cleaner%20and%20Lizol%20Floor%20Cleaner%20are%20not%20Insecticides,%20Taxable%20at%2012.5%:%20Supreme%20Court Top Stories By Aparna. M – On April 11, 2023 6:30 pm – 2 mins read The Supreme Court has recently held that Harpic Toilet Cleaner and
Mosquito Mats, Coils and Vaporizers and Mortein are insect Killers, subject to 12.5% VAT: SC
Clipped from: https://www.taxscan.in/mosquito-mats-coils-and-vaporizers-and-mortein-are-insect-killers-subject-to-12-5-vat-sc/268562/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Mosquito%20Mats,%20Coils%20and%20Vaporizers%20and%20Mortein%20are%20insect%20Killers,%20subject%20to%2012.5%%20VAT:%20SC Top Stories By Aparna. M – On April 11, 2023 6:15 pm – 2 mins read In a significant case, the supreme court held that mosquito mats,
Interest/ Salary received by Partner from Firm Not Assessable as “Other Income”: ITAT
Clipped from: https://www.taxscan.in/interest-salary-received-by-partner-from-firm-not-assessable-as-other-income-itat-read-order/268395/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Interest/%20Salary%20received%20by%20Partner%20from%20Firm%20Not%20Assessable%20as%20%E2%80%9COther%20Income%E2%80%9D:%20ITAT Top Stories The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) has held that interest/ salary received by a partner from a firm is not assessable
Penaltyu/s 271(c) of Income Tax not leviable in Absence of Proper Show Cause Notice to the Assessee: ITAT
Clipped from: https://www.taxscan.in/penalty-u-s-271c-of-income-tax-not-leviable-in-absence-of-proper-show-cause-notice-to-the-assessee-itat/268370/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Penaltyu/s%20271(c)%20of%20Income%20Tax%20not%20leviable%20in%20Absence%20of%20Proper%20Show%20Cause%20Notice%20to%20the%20Assessee:%20ITAT Top Stories The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the penalty is not leviable in absence of proper show cause
Reassessment Made After 4 years is not valid: Madras High Court
Clipped from: https://www.taxscan.in/reassessment-made-after-4-years-is-not-valid-madras-high-court/268361/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Reassessment%20Made%20After%204%20years%20is%20not%20valid:%20Madras%20High%20Court Top Stories The Madras High Court held that a Reassessment made after 4 years for a mere change of opinion is not valid.
Persons whose Custody Goods found are bound to provide Information Within a Reasonable Time: Delhi HC:
Clipped from: https://www.taxscan.in/persons-whose-custody-goods-found-are-bound-to-provide-information-within-a-reasonable-time-delhi-hc/268224/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Persons%20whose%20Custody%20Goods%20found%20are%20bound%20to%20provide%20Information%20Within%20a%20Reasonable%20Time:%20Delhi%20HC: Top Stories Delhi High Court in its recent judgement held that information about the goods must be produced within a reasonable time by
👍Women account for a fifth of total mutual fund investors, shows data
Clipped from: https://www.business-standard.com/markets/mutual-fund/women-account-for-a-fifth-of-total-mutual-fund-investors-shows-data-123041301185_1.html In the last three years, there has been a jump of 1.3 million women investors, each, from B30 and T30 cities Listen to
👍IBA reaching out to start-ups for funding needs, says DPIIT official
Clipped from: https://www.business-standard.com/finance/news/iba-reaching-out-to-start-ups-for-financial-needs-says-dpiit-official-123041100814_1.html Only DPIIT-registered start-ups are eligible for funding under various support schemes of the industry department Listen to This Article Following the collapse of
👍Credit card spends touch all-time high of Rs 1.37 trillion in March
Clipped from: https://www.business-standard.com/finance/news/credit-card-spends-touch-all-time-high-of-rs-1-37-trln-in-march-123041400814_1.html For FY23, spending topped Rs 14 trillion, up 47.27% from Rs 9.71 trillion in FY22 Listen to This Article Credit card spends touched
👍👍👍👍👍👍👍Heirs must know what you own to claim wealth: HNIs should opt for trusts
lipped from: https://www.business-standard.com/finance/news/heirs-must-know-what-you-own-to-claim-wealth-hnis-should-opt-for-trusts-123041401057_1.html Appoint nominees and write a Will to make the transfer hassle-free Listen to This Article The Reserve Bank of India recently announced that
