Paytm Founder Vijay Shekhar Sharma holds Urgent Meeting with Finance Minister Amidst RBI Regulatory Setback
Vijay Shekhar Sharma, the visionary behind India's premier digital payment platform Paytm, held a brief meeting with Finance Minister Nirmala...
How Delayed MSE Payments Trigger Deferred Deductions for Corporates w.e.f. 1st April 2024: Section 43B(h) Explained
With an effort to improve the liquidity of the Micro Small and Medium Enterprises, the government has brought some changes specifically in Companies Act, 2013. Following the same, the Finance Act,...
ITAT deletes calculation made by AO on cost of funds by applying 15% flat rate on ad-hoc basis on interest income earned by cooperative society [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore bench deleted calculations made by AO on cost funds by applying a 15%flat ratio, the ad-hoc basis on interest income earned by cooperative...
![ITAT deletes calculation made by AO on cost of funds by applying 15% flat rate on ad-hoc basis on interest income earned by cooperative society [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-Bangalore-cooperative-society-ITAT-deletes-calculation-TAXSCAN.jpg "ITAT deletes calculation made by AO on cost of funds by applying 15% flat rate on ad-hoc basis on interest income earned by cooperative society [Read Order]")
Interim Budget 2024: RBI MPC Member Ashima Goyal Recommends Income Tax on Rich Farmers in Budget Wishlist
A member of the Reserve Bank of India's Monetary Policy Committee (MPC), Ashima Goyal, has suggested the imposition of income tax on affluent farmers as part of her wishlist for the upcoming Interim...
RBI issues guidelines for appointment/re-appointment of Statutory Auditors for State and Central Co-Op Banks
The Reserve Bank of India ( RBI ) has issued the guidelines for the appointment /re-appointment of Statutory Auditors for State and Central Cooperative Banks. These guidelines shall come into effect...
