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Archive: 22 July 2024

Posts in 22 July 2024

Section 80G application cannot be denied by Misinterpretation of provisions: ITAT Kolkata

July 22, 2024 987 Views 0 comment Print

Read the detailed analysis of the ITAT Kolkata judgment on Anudip Foundation vs. CIT, discussing the rejection of 80G final approval. Key legal interpretations included.

SEBI Releases Consultation Paper Introducing New Asset Class/Product Category

July 22, 2024 753 Views 0 comment Print

SEBI releases consultation paper on July 16, 2024, introducing a new asset class for high-risk investors. Learn about investment criteria, minimum ticket size, and more.

Calcutta, Films, and Income tax

July 22, 2024 6681 Views 0 comment Print

Explore the intriguing history of Calcutta’s film industry pre-1947 and the income tax challenges faced by iconic artists, offering a delightful read for finance professionals.

GST impact on Corporate Guarantee (Including Personal & Bank)

July 22, 2024 3291 Views 0 comment Print

Explore the 53rd GST Council clarification on corporate guarantee valuation, recent Supreme Court decisions, and the impact on GST liability and compliance.

Shell Companies in India: Actions and Statistics

July 22, 2024 2346 Views 0 comment Print

Review Indias actions against shell companies and see the state-wise statistics, including Andhra Pradesh, for the last five years.

Procedure for Allocation of Funds Under CSR

July 22, 2024 1008 Views 0 comment Print

Explore the CSR fund allocation process and district-wise spending details for Uttar Pradesh in the last financial year.

Agriculture Reforms and GST Impact in India: Key Insights

July 22, 2024 1116 Views 0 comment Print

Explore the need for agriculture reforms, GST implications on mechanized inputs, and government measures to support Indian farmers. Comprehensive analysis included.

Monthly GST Collections Surge- Gross GST collection July 2022 to June 2024

July 22, 2024 639 Views 0 comment Print

GST collections have risen steadily each month up to June 2024. No pending dues to states; Bihar and others have raised fiscal support concerns.

Increase in Tax Returns Filed in India: Key Insights

July 22, 2024 534 Views 0 comment Print

Learn about the rise in tax returns filed in India, targeted campaigns encouraging filings, and steps taken by the government for better compliance.

Growing Need for Chartered Accountants: Government’s Action

July 22, 2024 447 Views 0 comment Print

Discover the government’s response to the rising demand for Chartered Accountants skilled in international standards like IFRS and US GAAP.

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