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Accountant Hacks Firm’s GST Portal, Siphons Off ₹1.80 Crore with Fake Invoices
An accountant working for a home decor company in Greater Noida has been accused of stealing Rs. 1.80 crore by misusing the company’s GST portal and...
Tax Implications Triggered only upon Actual Sale or Transfer of Asset, no Additions shall be made based on Anticipated Future Benefits: ITAT [Read Order]
In a recent Judgement, the Raipur bench of the Income Tax Appellate Tribunal ( ITAT) ruled that tax implications arise only when the asset is actually sold or transferred, no additions can be made...
![Tax Implications Triggered only upon Actual Sale or Transfer of Asset, no Additions shall be made based on Anticipated Future Benefits: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Transfer-of-Asset.jpg "Tax Implications Triggered only upon Actual Sale or Transfer of Asset, no Additions shall be made based on Anticipated Future Benefits: ITAT [Read Order]")
Budget 2024: Tax benefits and exemptions to start-ups and investment made by sovereign wealth funds/pension funds and IFSC units are extended to 31.03.2025
Union Finance Minister Nirmala Sitharaman in the Interim Budget of 2024-2025 proposed to extend Tax benefits and exemptions to start-ups and investment made by sovereign wealth funds/pension funds...
