Clipped from: https://economictimes.indiatimes.com/markets/expert-view/covid-may-get-over-ukraine-war-may-end-but-inflation-is-going-to-continue-swaminathan-aiyer/articleshow/91141437.cms SECTIONS Covid may get over, Ukraine war may end but inflation is going to continue: Swaminathan Aiyar By Tamanna Inamdar ,Last Updated: Apr
Mukesh Ambani: Exclusive: Largest cross-border M&A for Mukesh Ambani in the making – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/largest-cross-boder-ma-for-ambani-in-making/articleshow/91134443.cms Synopsis Ambani has sets his aim on another marque multi-billion dollar cross border buyout — Walgreens Boots Alliance Inc’s international chemist and drugstore
*Can the Rent Paid to Parents or Spouses be Eligible for HRA Exemption under the Income Tax Act?-TAXSCAN
Read More: https://www.taxscan.in/can-the-rent-paid-to-parents-or-spouses-be-eligible-for-hra-exemption-under-the-income-tax-act/170707/ Clipped from: https://www.taxscan.in/can-the-rent-paid-to-parents-or-spouses-be-eligible-for-hra-exemption-under-the-income-tax-act/170707/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=HRA Top Stories By Aleena Elizabeth – On April 26, 2022 8:48 pm Whether Paying Rent to Parents or Spouses to be considered a Tax
*Digital Data recovered during Search has Evidentiary Value, can be relied on to Make Addition: ITAT-TAXSCAN
Clipped from: https://www.taxscan.in/digital-data-recovered-during-search-has-evidentiary-value-can-be-relied-on-to-make-addition-itat/170723/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Digital%20Data Top Stories By Rasheela Basheer – On April 26, 2022 5:04 pm The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has held that the
*Delhi HC strikes down Explanation to CBDT Notifications for Re-Assessment after 31st March 2021, Quashes Notices-TAXSCAN
Clipped from: https://www.taxscan.in/delhi-hc-strikes-down-explanation-to-cbdt-notifications-for-re-assessment-after-31st-march-2021-quashes-notices/170882/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=CBDT Top Stories By Taxscan Team – On April 27, 2022 10:22 am In a significant ruling, a division bench of the Delhi High Court comprising Mr. Justice
*Delay in Completing Assessment after 4 Years of Search: Bombay HC allows Compensation to Assessee-TAXSCAN
Clipped from: https://www.taxscan.in/delay-in-completing-assessment-after-4-years-of-search-bombay-hc-allows-compensation-to-assessee/170786/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Completing%20Assessment Top Stories By Rasheela Basheer – On April 27, 2022 7:20 am A division bench of the Bombay High Court has directed the income tax department
*Income Tax Law does not prohibitAssessing Officer to go beyond the Reasonsbased on which Re-Assessment Initiated: ITAT-TAXSCAN
Clipped from: https://www.taxscan.in/income-tax-law-does-not-prohibit-assessing-officer-to-go-beyond-the-reasons-based-on-which-re-assessment-initiated-itat/171029/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=IT%20Law Top Stories By Rasheela Basheer – On April 27, 2022 8:30 pm The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that there is no
Delay of 1217 Days in filing Appeal due to Covid-19: ITAT imposes Cost of Rs. 25,000 to Condone Delay [Read Order]-TAXSCAN
Read More: https://www.taxscan.in/delay-of-1217-days-in-filing-appeal-due-to-covid-19-itat-imposes-cost-of-rs-25000-to-condone-delay/170947/ Clipped from: https://www.taxscan.in/delay-of-1217-days-in-filing-appeal-due-to-covid-19-itat-imposes-cost-of-rs-25000-to-condone-delay/170947/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Condone%20Delay Top Stories By Rasheela Basheer – On April 27, 2022 6:03 pm While condoning a delay of 1217 days in filing an income tax
New reporting requirements for companies put onus on auditors | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/new-reporting-requirements-for-companies-put-onus-on-auditors-122042601472_1.html Auditors to certify that transactions are not violative of PMLA/FEMA rules, according to ICAI guidelines Representative image Auditors should seek direct confirmation on ‘borrowed
India Inc plans greater capex push in FY23, says CEO survey by BS | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/india-inc-plans-greater-capex-push-in-fy23-says-ceo-survey-by-bs-122042601459_1.html More than half the CEOs surveyed say they plan to increase investment by over 25% Companies in India are planning to accelerate investment
White goods PLI round 2: 19 global, domestic companies file applications | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/white-goods-pli-round-2-19-global-domestic-companies-file-applications-122042700017_1.html A senior government official said the second round of applications was invited as the entire allocated funds were not utilised. As many 19
*New reporting requirements for companies put onus on auditors | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/new-reporting-requirements-for-companies-put-onus-on-auditors-122042601472_1.html Auditors to certify that transactions are not violative of PMLA/FEMA rules, according to ICAI guidelines Representative image Auditors should seek direct confirmation on ‘borrowed
*Over 16 crore Indians are credit underserved: study – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/over-16-crore-indians-are-credit-underserved-study/article65353047.ece According to TransUnion Cibil study, about 50 per cent adult population is credit unserved Over 16 crore Indians were considered to be credit
*Remuneration to Partner out of Profit is not ‘Salary’, cannot be treated as ‘Expenditure’ for the purpose of S. 40A(3): ITAT–taxscan
clipped from: https://www.taxscan.in/remuneration-to-partner-out-of-profit-is-not-salary-cannot-be-treated-as-expenditure-for-the-purpose-of-s-40a3-itat/170368/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Salary Top Stories By Taxscan Team – On April 24, 2022 11:08 am The Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that the remuneration paid
Poultry industry to Centre: Allocate 2 mt of damaged grains to be used as feed – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/agri-business/poultry-industry-urges-centre-to-allot-2-mt-of-damaged-grains-to-be-used-as-poultry-feed/article65353094.ece NECC says industry passing through one of the worst crises in history National Egg Coordination Committee (NECC) has stated that thousands of small
Industry well placed to ride any RBI policy rate hike: CII President – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/industry-well-placed-to-ride-any-rbi-policy-rate-hike-cii-president/article65353796.ece TV Narendran, President, CII | Photo Credit: KAMAL NARANG Policy rate hike seems imminent with industry claiming preparedness to cope with it; former
*Reassessment shall be Conducted by Same Officer or his Successor who Conducted Assessment: Gujarat HC quashes Reassessment Initiated by DRI [Read Order]
Read More: https://www.taxscan.in/reassessment-shall-be-conducted-by-same-officer-or-his-successor-who-conducted-assessment-gujarat-hc-quashes-reassessment-initiated-by-dri/170471/ Clipped from: https://www.taxscan.in/reassessment-shall-be-conducted-by-same-officer-or-his-successor-who-conducted-assessment-gujarat-hc-quashes-reassessment-initiated-by-dri/170471/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Reassessment Top Stories By Jwala K.P – On April 25, 2022 12:19 pm The Gujarat High Court has held that reassessment shall be conducted by
No Service Tax can be levied on Liquidated Damages received under any Contract: CESTAT [Read Order]–TAXSCAN
Read More: https://www.taxscan.in/no-service-tax-can-be-levied-on-liquidated-damages-received-under-any-contract-cestat/170512/ Clipped from: https://www.taxscan.in/no-service-tax-can-be-levied-on-liquidated-damages-received-under-any-contract-cestat/170512/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Liquidated%20Damages Top Stories By Jwala K.P – On April 25, 2022 2:13 pm The Principal Bench of New Delhi Customs, Excise & Service Tax Appellate
To boost exports, port logistics must improve – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/to-boost-exports-port-logistics-must-improve/article65352154.ece A performance index based on 11 parameters shows ports in the east and the south lag behind the others India has been making
Auto majors sitting on 7.5-lakh pending orders – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/auto-majors-sitting-on-75-lakh-pending-orders/article65352121.ece Customers are booking multiple brands and may go for one that is likely to be delivered first, say dealers C_V_SUBRAHMANYAM | Photo Credit:
aniltikotekar4sme.com 