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Archive: June, 2024

Posts in June, 2024

Exposure Draft on Proposed Revisions to ‘IES 2, 3 & 4 – Sustainability’

June 21, 2024 228 Views 0 comment Print

Explore the Exposure Draft on proposed revisions to IES 2, 3, and 4 – Sustainability by IFAC. Share your feedback to shape global accountancy education standards.

Investment with co-operative bank eligible for Section 80P(2)(d) deduction  

June 21, 2024 588 Views 0 comment Print

Explore the ITAT Bangalore ruling on Raythara Sahakari Sangha Ltd. vs. ITO, addressing the eligibility for deduction under Section 80P(2)(d) of the Income Tax Act.

Section 80P(2)(d) Deduction Ineligibility for Co-op Societies on Interest Income from Investments with Co-Op Bank

June 21, 2024 627 Views 0 comment Print

Explore the Karnataka High Court’s ruling on PCIT vs Totagars Co-Operative Sale Society, focusing on Section 80P deductions and interest income taxability.

Proper Officer Must Consider Reply on Merits Before Forming Opinion: Delhi HC

June 21, 2024 501 Views 0 comment Print

Explore the Delhi High Court’s ruling in Mitsubishi Electric India Pvt. Ltd. v. Union of India, emphasizing the obligation of Proper Officers to consider an assessee’s replies on merits.

HC Sets Aside GST Order for non-consideration of Reply to Discrepancies

June 21, 2024 522 Views 0 comment Print

Discover the Madras High Court’s ruling in Perfect Assayers (P.) Ltd. v. State Tax Officer, emphasizing the necessity of considering an assessee’s reply to discrepancies raised in returns before passing orders.

How Can I Stay Informed About Market Trends?

June 21, 2024 498 Views 0 comment Print

This guide provides practical tips and tools to help you stay ahead, ensuring you never miss a beat in the fast-paced world of finance. Exploring the latest market trends becomes straightforward when you have a network like GPT Definity Pro, linking traders to top educational experts who facilitate well-informed investment decisions

Adjusting Your Portfolio Over Time Like A Pro

June 21, 2024 303 Views 0 comment Print

Balancing dividend yield and growth stocks in your portfolio blends stability with opportunity. Dividend stocks provide reliable income, while growth stocks offer significant returns.

TDS on Purchase of Property: Section 194IA of Income Tax Act, 1961

June 21, 2024 4440 Views 0 comment Print

Learn about TDS on property purchase under Section 194IA of the Income Tax Act, 1961. Get insights on requirements, payment process, and penalties involved.

ITAT Directs 6% SBI Rate on Delayed Payments in International Transactions

June 21, 2024 345 Views 0 comment Print

Explore the ITAT Hyderabad’s decision on interest as an international transaction in Clinasia Labs Pvt Ltd vs ITO case. Detailed analysis and conclusions provided.

IBBI dismissed RTI appeal due to vague & unclear information requests

June 21, 2024 204 Views 0 comment Print

The IBBI dismissed Ashish Shankar RTI appeal due to vague and unclear information requests. Learn about the decision and its implications.

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