From a very young age, Saira Banu was a huge fan of Dilip Kumar so when she got to know that ‘Sahib’, as she fondly calls him, would be present for the premiere of K Asif’s magnum opus Mughal-e-Azam, Saira made it her mission to look her best. In a few posts shared on her social media handle, Saira looked back on those days when she groomed for six days so she could look her best at the premiere party of the film. Saira, in a new post, shared that…
Month: August 2024
CAG Urges Telangana GST Dept. to Follow up on Show Cause Notices for Tax Defaults
The Comptroller and Auditor General of India sought the Telangana Commercial Taxes department to pursue the SCN issued for short/non-payment of tax and the same must contain Integrated Goods and Services Tax(IGST) element along with State GST/ Central GST components. The council is required to pursue the inconsistencies and deviations mentioned in the audit for which the answers would have not furnished and intimate the consequence to the audit. The council would required to regard the start of validation controls in GST returns to curb the errors of data entry,…
Do you think Tax Audit threshold limit U/s 44AB for Professionals should be increased from 50 lakh ?- My point of view.
What is Profession ? There is no proper definition of Profession is given under Income Tax Act.According to Sec 2(36) of Income Tax Act, “profession” includes vocation.Sec 44AA deals with the professions that required to maintain books of accounts are, Legal Medical Architectural Accountancy Technical consultancy Interior decoration Any other profession notified by CBDT Is ‘Income from Salary’ included in ‘Income from Profession’ ? ‘Income from Salary’ is a different income head and it is not included in ‘Income from Business or Profession’. Employee gets Form 16 (Certificate of TDS…
Sushma Seth’s granddaughter Mihika Shah passes away, mother Divya Seth shares on social media | Bollywood News
Actor Divya Seth’s daughter Mihika Shah passed away on Monday. Divya took to her social media on Tuesday and shared the news of her daughter’s demise. Mihika is the granddaughter of veteran film actor Sushma Seth. Divya shared on Facebook, “With profound sorrow, we inform you of the passing of our beloved Mihika Shah, who left for her heavenly abode on August 5, 2024.” The note was signed by Divya and her husband Siddharth Shah. Mihika was battling a prolonged illness. Divya Seth is known for appearing in films like Jab…
More Than 10 Foreign Airlines Under GST Radar for Non-payment of Tax
The Directorate General of Goods and Services Tax Intelligence (DGGI) has sent show cause notices to 10 foreign airlines functioning in the country, for alleged non-payment of tax amounting to Rs 10,000 crore, as per the officials. They contain British Airways, Lufthansa, Oman Air, Emirates, and Singapore Airlines, they added. The notices, transmitted over the past 3 days, deal with unpaid tax dues on the import of services by Indian branches from head offices. Read Also:- India Considers Foreign Airlines Get GST Reprieve On valuation of the supply of import…
Gandhian and constant learner: Shobhana Ranade passes away at 99 | Pune News
When he was 13 years old, Pandurang Balkawde decided to cycle to a historic monument, Aga Khan Palace Gandhi Smarak, which was located far away, on the outskirts of city at the time, he wanted to see the place where Mahatma Gandhi had been imprisoned and where the samadhi of Kasturba Gandhi was situated. What Balkawde did not know was that there was an entry ticket of 25 paise—money that he did not have. The guards at the gate would not let them in and Balkawde might have had to…
More Than 70% of Taxpayers Opt for the New ITR Regime in FY 2023-24
In a development, the majority of India’s income the taxpayer would required to transition to the new tax regime for the present assessment year. 72% of those who furnished their returns by the July 31 due date chose the new tax regime that contributed to a record high of nearly 7.29 crore ITR filings as per the Central Board of Direct Taxes (CBDT). ITR Filing Data and Insights CBDT has notified that from 7.28 crore Income Tax returns filed for the AY 2024-25, nearly 5.27 crore were beneath the new…
Neeraj Chopra vs Arshad Nadeem: A look at their head-to-head javelin record | Sport-others News
Men’s Javelin Throw qualification match: India’s Neeraj Chopra and Pakistan’s Arshad Nadeem will be in action in the men’s javelin throw event at the Stade de France on Tuesday. Indian javelin thrower Neeraj Chopra leads Arshad Nadeem 9-0 in the head-to-head record. Over the years India and Pakistan have faced intriguing battles in cricket and hockey. In athletics, it is only the second time when there is a rivalry between an Indian and Pakistani athlete. Last time it happened was in the 1960s when Indian track legend Milkha Singh and…
Bengaluru police Crime Branch inspector dies by suicide | Bangalore News
A 44-year-old inspector of the Central Crime Branch (CCB) of the Bengaluru police allegedly died by suicide and his body was found near Bidadi, on the outskirts of the city, on Monday. The deceased has been identified as Thimmegowda, who was a police inspector of CCB’s Economic Offences Wing (EOW). According to a police officer, Thimmegowda’s body was found in a deserted place in Bidadi, where his family lived nearby. The locals who noticed the body alerted the police. The police were able to identify Thimmegowda by his identity card…
Daily Briefing: Sheikh Hasina steps down as Bangladesh PM; Avinash Sable qualifies for 3000m steeplechase final; & more | Live News
Monday marked the end of Sheikh Hasina’s 15-year reign as she stepped down from the post of Bangladesh’s Prime Minister. Her ouster comes amid violent protests in the country that have claimed hundreds of lives. The protests, which began against job quotas, soon became a movement demanding her downfall. In his Opinion piece, Syed Munir Khasru explores why Hasina had to flee Bangladesh, and what lessons can be learnt from her ouster. 👉 So, what’s next? Well, Bangladesh Army Chief General Waker-uz-Zaman has said that he was “taking responsibility” and…